ETS DURIGNEUX: 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.
ETS DURIGNEUX
Largest movements
- Receivables within one year -€17,392
down €17,392 (-15.1%), from €114,894 to €97,501
of which Trade receivables: -€25,092
- Cash -€17,299
down €17,299 (-47.7%), from €36,303 to €19,004
mainly Trade debts (-€31,330) and Net result for the year (-€10,547)
- Stocks and contracts -€6,514
down €6,514 (-2.0%), from €322,158 to €315,644
- Trade debts -€31,330
down €31,330 (-8.3%), from €378,234 to €346,905
of which Suppliers: -€29,530
- Profit (loss) carried forward -€10,547
down €10,547 (-20.1%), from -€52,429 to -€62,976
- Other debts +€6,263
up €6,263 (+200%), from €3,128 to €9,391
- Staff costs -€14,734
down €14,734 (-19.0%), from €77,492 to €62,757
- Gross operating margin -€6,777
down €6,777 (-8.8%), from €76,912 to €70,135
- Financial charges -€3,209
down €3,209 (-23.4%), from €13,696 to €10,488
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,498 | €496,010 | -€38,488 | -7.2% |
| Fixed assets | 21/28 | €52,629 | €55,467 | +€2,838 | +5.4% |
| Tangible fixed assets | 22/27 | €3,915 | €6,754 | +€2,838 | +72.5% |
| Plant, machinery and equipment | 23 | €1,496 | €969 | -€526 | -35.2% |
| Furniture and vehicles | 24 | €2,420 | €5,784 | +€3,365 | +139% |
| Financial fixed assets | 28 | €48,713 | €48,713 | = | 0.0% |
| Current assets | 29/58 | €481,869 | €440,543 | -€41,326 | -8.6% |
| Stocks and contracts in progress | 3 | €322,158 | €315,644 | -€6,514 | -2.0% |
| Stocks | 30/36 | €322,158 | €315,644 | -€6,514 | -2.0% |
| Amounts receivable within one year | 40/41 | €114,894 | €97,501 | -€17,392 | -15.1% |
| Trade receivables | 40 | €58,925 | €33,833 | -€25,092 | -42.6% |
| Other amounts receivable | 41 | €55,969 | €63,669 | +€7,700 | +13.8% |
| Cash at bank and in hand | 54/58 | €36,303 | €19,004 | -€17,299 | -47.7% |
| Deferred charges and accrued income | 490/1 | €8,514 | €8,394 | -€120 | -1.4% |
| Total equity and liabilities | 10/49 | €534,498 | €496,010 | -€38,488 | -7.2% |
| Equity | 10/15 | -€32,429 | -€42,976 | -€10,547 | -32.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,429 | -€62,976 | -€10,547 | -20.1% |
| Amounts payable | 17/49 | €566,927 | €538,986 | -€27,941 | -4.9% |
| Amounts payable within one year | 42/48 | €566,473 | €536,617 | -€29,856 | -5.3% |
| Financial debts | 43 | €164,687 | €163,604 | -€1,083 | -0.7% |
| Credit institutions | 430/8 | €14,687 | €13,604 | -€1,083 | -7.4% |
| Other loans | 439 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €378,234 | €346,905 | -€31,330 | -8.3% |
| Suppliers | 440/4 | €376,434 | €346,905 | -€29,530 | -7.8% |
| Bills of exchange payable | 441 | €1,800 | - | -€1,800 | |
| Taxes, remuneration and social security | 45 | €20,424 | €16,718 | -€3,706 | -18.1% |
| Taxes | 450/3 | €12,903 | €3,804 | -€9,099 | -70.5% |
| Remuneration and social security | 454/9 | €7,521 | €12,914 | +€5,393 | +71.7% |
| Other amounts payable | 47/48 | €3,128 | €9,391 | +€6,263 | +200% |
| Accrued charges and deferred income | 492/3 | €453 | €2,369 | +€1,916 | +423% |
| Remuneration, social security and pensions | 62 | €77,492 | €62,757 | -€14,734 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,609 | €1,616 | +€6 | +0.4% |
| Other operating charges | 640/8 | €5,809 | €5,601 | -€208 | -3.6% |
| Gross operating margin | 9900 | €76,912 | €70,135 | -€6,777 | -8.8% |
| Operating profit (loss) | 9901 | -€7,998 | €161 | +€8,159 | |
| Financial income | 75/76B | €2 | €36 | +€34 | +1,505% |
| Recurring financial income | 75 | €2 | €36 | +€34 | +1,505% |
| Financial charges | 65/66B | €13,696 | €10,488 | -€3,209 | -23.4% |
| Recurring financial charges | 65 | €13,696 | €10,488 | -€3,209 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,692 | -€10,291 | +€11,401 | +52.6% |
| Income taxes | 67/77 | €262 | €256 | -€5 | -2.1% |
| Profit (loss) for the period | 9904 | -€21,954 | -€10,547 | +€11,407 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,954 | -€10,547 | +€11,407 | +52.0% |
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 25 October 2026 via checked.be.