DUXE ENGINE WORKS: what changed
Two financial 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.
What changed
DUXE ENGINE WORKS
NACE 95.313, Repair and fitting of specific motor vehicle parts
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€99,965
2024 · €19,311+€80,654
Equity
€423,207
2024 · €323,242+€99,965
Cash
€986
2024 · €2,430-€1,444
Balance sheet total
€795,518
2024 · €700,137+€95,381
Largest movements
Assets
- Stocks and contracts +€91,784
up €91,784 (+29.3%), from €312,896 to €404,680
Equity and liabilities
- Reserves +€99,965
up €99,965 (+33.0%), from €303,242 to €403,207
- Short-term financial debts -€37,538
no longer reported in 2025 (was €37,538)
- Tax, wage and social debts +€26,544
up €26,544 (+101%), from €26,303 to €52,846
of which Taxes: +€29,795
Income statement
- Gross operating margin +€86,154
up €86,154 (+51.7%), from €166,673 to €252,826
- Taxes +€30,011
up €30,011 (+386%), from €7,781 to €37,792
- Staff costs -€21,203
down €21,203 (-16.4%), from €129,377 to €108,174
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.
Result 2024
€19,311
Gross operating margin
+€86,154
Staff costs
+€21,203
Depreciation
-€283
Write-downs
+€2,500
Other operating charges
+€2,083
Financial income
+€396
Financial charges
-€1,388
Taxes
-€30,011
Result 2025
€99,965
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€42,331
Investment
-€6,238
Financing
-€37,538
Cash 2024
€2,430
From operations (derived)
+€42,331
Net result for the year
+€99,965
Depreciation
+€3,384
Stocks and contracts
-€91,784
Receivables within one year
-€1,046
Deferred charges and accrued income
-€1,141
Trade debts
+€4,787
Tax, wage and social debts
+€26,544
Other debts
+€1,610
Accrued charges and deferred income
+€12
Investment (derived)
-€6,238
Investment in fixed assets (net)
-€6,238
Financing
-€37,538
Short-term financial debts
-€37,538
Cash 2025
€986
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €700,137 | €795,518 | +€95,381 | +13.6% |
| Fixed assets | 21/28 | €5,416 | €8,270 | +€2,854 | +52.7% |
| Tangible fixed assets | 22/27 | €5,416 | €8,270 | +€2,854 | +52.7% |
| Plant, machinery and equipment | 23 | €3,860 | €7,490 | +€3,630 | +94.0% |
| Furniture and vehicles | 24 | €1,556 | €780 | -€776 | -49.9% |
| Current assets | 29/58 | €694,721 | €787,248 | +€92,527 | +13.3% |
| Stocks and contracts in progress | 3 | €312,896 | €404,680 | +€91,784 | +29.3% |
| Stocks | 30/36 | €312,896 | €404,680 | +€91,784 | +29.3% |
| Amounts receivable within one year | 40/41 | €377,143 | €378,189 | +€1,046 | +0.3% |
| Trade receivables | 40 | €21,794 | €53,195 | +€31,401 | +144% |
| Other amounts receivable | 41 | €355,349 | €324,994 | -€30,354 | -8.5% |
| Cash at bank and in hand | 54/58 | €2,430 | €986 | -€1,444 | -59.4% |
| Deferred charges and accrued income | 490/1 | €2,253 | €3,394 | +€1,141 | +50.6% |
| Total equity and liabilities | 10/49 | €700,137 | €795,518 | +€95,381 | +13.6% |
| Equity | 10/15 | €323,242 | €423,207 | +€99,965 | +30.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €303,242 | €403,207 | +€99,965 | +33.0% |
| Distributable reserves | 133 | €303,242 | €403,207 | +€99,965 | +33.0% |
| Amounts payable | 17/49 | €376,896 | €372,311 | -€4,584 | -1.2% |
| Amounts payable within one year | 42/48 | €376,508 | €371,912 | -€4,597 | -1.2% |
| Financial debts | 43 | €37,538 | - | -€37,538 | |
| Credit institutions | 430/8 | €37,538 | - | -€37,538 | |
| Trade debts | 44 | €20,000 | €24,786 | +€4,787 | +23.9% |
| Suppliers | 440/4 | €20,000 | €24,786 | +€4,787 | +23.9% |
| Taxes, remuneration and social security | 45 | €26,303 | €52,846 | +€26,544 | +101% |
| Taxes | 450/3 | €8,579 | €38,375 | +€29,795 | +347% |
| Remuneration and social security | 454/9 | €17,723 | €14,472 | -€3,251 | -18.3% |
| Other amounts payable | 47/48 | €292,669 | €294,279 | +€1,610 | +0.6% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Remuneration, social security and pensions | 62 | €129,377 | €108,174 | -€21,203 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,101 | €3,384 | +€283 | +9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,500 | -€2,500 | |
| Other operating charges | 640/8 | €2,602 | €520 | -€2,083 | -80.0% |
| Gross operating margin | 9900 | €166,673 | €252,826 | +€86,154 | +51.7% |
| Operating profit (loss) | 9901 | €31,592 | €143,249 | +€111,657 | +353% |
| Financial income | 75/76B | €1,100 | €1,497 | +€396 | +36.0% |
| Recurring financial income | 75 | €1,100 | €1,497 | +€396 | +36.0% |
| Financial charges | 65/66B | €5,600 | €6,988 | +€1,388 | +24.8% |
| Recurring financial charges | 65 | €5,600 | €6,988 | +€1,388 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €27,092 | €137,757 | +€110,665 | +408% |
| Income taxes | 67/77 | €7,781 | €37,792 | +€30,011 | +386% |
| Profit (loss) for the period | 9904 | €19,311 | €99,965 | +€80,654 | +418% |
| Profit (loss) for the period to be appropriated | 9905 | €19,311 | €99,965 | +€80,654 | +418% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.