DUXE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DUXE
Largest movements
- Receivables within one year +€4,766
up €4,766 (+9.3%), from €51,355 to €56,121
of which Other amounts receivable: +€4,252
- Current investments +€2,800
up €2,800 (+21.3%), from €13,130 to €15,930
- Cash +€2,527
up €2,527 (+653.6%), from €387 to €2,913
mainly Net result for the year (+€16,552) and Depreciation (+€3,963)
- Reserves +€16,552
up €16,552 (+14.9%), from €111,434 to €127,986
of which Distributable reserves: +€16,552
- Short-term financial debts -€5,680
down €5,680 (-86.6%), from €6,560 to €880
- Gross operating margin +€30,916
up €30,916, from -€3,715 to €27,201
- Taxes +€9,390
up €9,390 (+1357.8%), from €692 to €10,081
- Other operating charges -€1,232
down €1,232 (-60.5%), from €2,035 to €804
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,897 | €166,204 | +€10,307 | +6.6% |
| Fixed assets | 21/28 | €7,876 | €8,490 | +€613 | +7.8% |
| Intangible fixed assets | 21 | €2,703 | €2,053 | -€650 | -24.0% |
| Tangible fixed assets | 22/27 | €5,174 | €6,437 | +€1,263 | +24.4% |
| Plant, machinery and equipment | 23 | €616 | €857 | +€241 | +39.2% |
| Furniture and vehicles | 24 | €3,985 | €5,468 | +€1,483 | +37.2% |
| Other tangible fixed assets | 26 | €573 | €112 | -€461 | -80.4% |
| Current assets | 29/58 | €148,020 | €157,714 | +€9,693 | +6.5% |
| Amounts receivable after more than one year | 29 | €82,750 | €82,750 | = | 0.0% |
| Other amounts receivable | 291 | €82,750 | €82,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,355 | €56,121 | +€4,766 | +9.3% |
| Trade receivables | 40 | €0 | €513 | +€513 | |
| Other amounts receivable | 41 | €51,355 | €55,608 | +€4,252 | +8.3% |
| Current investments | 50/53 | €13,130 | €15,930 | +€2,800 | +21.3% |
| Cash at bank and in hand | 54/58 | €387 | €2,913 | +€2,527 | +653.6% |
| Deferred charges and accrued income | 490/1 | €399 | €0 | -€399 | -100.0% |
| Total equity and liabilities | 10/49 | €155,897 | €166,204 | +€10,307 | +6.6% |
| Equity | 10/15 | €123,834 | €140,386 | +€16,552 | +13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €111,434 | €127,986 | +€16,552 | +14.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €109,574 | €126,126 | +€16,552 | +15.1% |
| Amounts payable | 17/49 | €32,063 | €25,817 | -€6,245 | -19.5% |
| Amounts payable within one year | 42/48 | €32,063 | €24,317 | -€7,745 | -24.2% |
| Financial debts | 43 | €6,560 | €880 | -€5,680 | -86.6% |
| Credit institutions | 430/8 | €6,560 | €880 | -€5,680 | -86.6% |
| Trade debts | 44 | €4,051 | €2,752 | -€1,299 | -32.1% |
| Suppliers | 440/4 | €4,051 | €2,752 | -€1,299 | -32.1% |
| Taxes, remuneration and social security | 45 | €16,995 | €15,958 | -€1,037 | -6.1% |
| Taxes | 450/3 | €15,245 | €15,958 | +€713 | +4.7% |
| Remuneration and social security | 454/9 | €1,750 | €0 | -€1,750 | -100.0% |
| Other amounts payable | 47/48 | €4,457 | €4,727 | +€270 | +6.1% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | €6,428 | €0 | -€6,428 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,756 | €3,963 | +€206 | +5.5% |
| Other operating charges | 640/8 | €2,035 | €804 | -€1,232 | -60.5% |
| Gross operating margin | 9900 | -€3,715 | €27,201 | +€30,916 | |
| Operating profit (loss) | 9901 | -€9,507 | €22,435 | +€31,942 | |
| Financial income | 75/76B | €5,292 | €5,146 | -€146 | -2.8% |
| Recurring financial income | 75 | €5,292 | €5,146 | -€146 | -2.8% |
| Financial charges | 65/66B | €1,028 | €947 | -€81 | -7.9% |
| Recurring financial charges | 65 | €1,028 | €947 | -€81 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,243 | €26,634 | +€31,877 | |
| Income taxes | 67/77 | €692 | €10,081 | +€9,390 | +1357.8% |
| Profit (loss) for the period | 9904 | -€5,935 | €16,552 | +€22,487 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,935 | €16,552 | +€22,487 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.