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Duyck: 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

Duyck

BE 1000.668.925
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,381
2024 · €11,126-€5,745
Equity
€19,506
2024 · €14,126+€5,381
Cash
€10,128
2024 · €2,376+€7,751
Balance sheet total
€24,048
2024 · €16,091+€7,957

Largest movements

2024 to 2025
Assets
  • Cash +€7,751

    up €7,751 (+326%), from €2,376 to €10,128

    mainly Net result for the year (+€5,381) and Depreciation (+€2,095)

  • Receivables within one year +€3,540

    up €3,540 (+86.6%), from €4,087 to €7,627

    of which Trade receivables: +€3,443

  • Tangible fixed assets -€2,095

    down €2,095 (-25.2%), from €8,325 to €6,230

    of which Plant, machinery and equipment: -€1,174

  • Deferred charges and accrued income -€1,240

    down €1,240 (-95.2%), from €1,303 to €63

Equity and liabilities
  • Reserves +€5,381

    up €5,381 (+48.4%), from €11,126 to €16,506

  • Other debts +€1,618

    new in 2025: €1,618

  • Trade debts +€959

    up €959 (+194%), from €493 to €1,452

Income statement
  • Gross operating margin -€8,299

    down €8,299 (-41.8%), from €19,860 to €11,562

  • Taxes -€2,697

    down €2,697 (-60.3%), from €4,472 to €1,774

  • Depreciation +€1,101

    up €1,101 (+111%), from €994 to €2,095

  • Other operating charges -€579

    down €579 (-59.1%), from €978 to €400

  • Financial charges -€378

    down €378 (-16.5%), from €2,291 to €1,912

From the 2024 result to the 2025 result

effect on the 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 €11,126
Gross operating margin -€8,299
Depreciation -€1,101
Other operating charges +€579
Financial charges +€378
Taxes +€2,697
Result 2025 €5,381
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€7,751
Investment €0
Financing €0
Cash 2024 €2,376
Net result for the year +€5,381
Depreciation +€2,095
Receivables within one year -€3,540
Deferred charges and accrued income +€1,240
Trade debts +€959
Other debts +€1,618
Cash 2025 €10,128
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €16,091 €24,048 +€7,957 +49.5%
Fixed assets 21/28 €8,325 €6,230 -€2,095 -25.2%
Tangible fixed assets 22/27 €8,325 €6,230 -€2,095 -25.2%
Plant, machinery and equipment 23 €5,299 €4,125 -€1,174 -22.2%
Furniture and vehicles 24 €3,026 €2,105 -€921 -30.4%
Current assets 29/58 €7,766 €17,817 +€10,052 +129%
Amounts receivable within one year 40/41 €4,087 €7,627 +€3,540 +86.6%
Trade receivables 40 €2,958 €6,401 +€3,443 +116%
Other amounts receivable 41 €1,129 €1,226 +€97 +8.6%
Cash at bank and in hand 54/58 €2,376 €10,128 +€7,751 +326%
Deferred charges and accrued income 490/1 €1,303 €63 -€1,240 -95.2%
Total equity and liabilities 10/49 €16,091 €24,048 +€7,957 +49.5%
Equity 10/15 €14,126 €19,506 +€5,381 +38.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €11,126 €16,506 +€5,381 +48.4%
Distributable reserves 133 €11,126 €16,506 +€5,381 +48.4%
Amounts payable 17/49 €1,965 €4,541 +€2,576 +131%
Amounts payable within one year 42/48 €1,965 €4,541 +€2,576 +131%
Trade debts 44 €493 €1,452 +€959 +194%
Suppliers 440/4 €493 €1,452 +€959 +194%
Taxes, remuneration and social security 45 €1,472 €1,472 = 0.0%
Taxes 450/3 €1,472 €1,472 = 0.0%
Other amounts payable 47/48 - €1,618 +€1,618
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €994 €2,095 +€1,101 +111%
Other operating charges 640/8 €978 €400 -€579 -59.1%
Gross operating margin 9900 €19,860 €11,562 -€8,299 -41.8%
Operating profit (loss) 9901 €17,888 €9,067 -€8,821 -49.3%
Financial charges 65/66B €2,291 €1,912 -€378 -16.5%
Recurring financial charges 65 €2,291 €1,912 -€378 -16.5%
Profit (loss) for the period before taxes 9903 €15,598 €7,155 -€8,443 -54.1%
Income taxes 67/77 €4,472 €1,774 -€2,697 -60.3%
Profit (loss) for the period 9904 €11,126 €5,381 -€5,745 -51.6%
Profit (loss) for the period to be appropriated 9905 €11,126 €5,381 -€5,745 -51.6%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.