LA DUCALE V.E.: 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.
LA DUCALE V.E.
Largest movements
- Receivables within one year +€14,445
up €14,445 (+701%), from €2,061 to €16,505
of which Trade receivables: +€13,112
- Tangible fixed assets -€3,259
down €3,259 (-43.1%), from €7,560 to €4,301
- Cash -€952
down €952 (-85.5%), from €1,114 to €162
mainly Other debts (-€127,205) and Receivables within one year (-€14,445)
- Contributions +€134,048
up €134,048 (+2,163%), from €6,197 to €140,245
- Other debts -€127,205
down €127,205 (-94.4%), from €134,723 to €7,518
- Trade debts +€15,041
up €15,041 (+1,417%), from €1,061 to €16,102
- Profit (loss) carried forward -€11,651
down €11,651 (-8.9%), from -€131,246 to -€142,897
- Gross operating margin -€9,269
down €9,269, from €1,352 to -€7,917
- Other operating charges -€395
down €395 (-49.7%), from €795 to €400
- Depreciation -€208
down €208 (-6.0%), from €3,467 to €3,259
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 | €10,735 | €20,968 | +€10,233 | +95.3% |
| Fixed assets | 21/28 | €7,560 | €4,301 | -€3,259 | -43.1% |
| Tangible fixed assets | 22/27 | €7,560 | €4,301 | -€3,259 | -43.1% |
| Furniture and vehicles | 24 | €7,560 | €4,301 | -€3,259 | -43.1% |
| Current assets | 29/58 | €3,175 | €16,667 | +€13,492 | +425% |
| Amounts receivable within one year | 40/41 | €2,061 | €16,505 | +€14,445 | +701% |
| Trade receivables | 40 | €1,786 | €14,898 | +€13,112 | +734% |
| Other amounts receivable | 41 | €275 | €1,608 | +€1,333 | +485% |
| Cash at bank and in hand | 54/58 | €1,114 | €162 | -€952 | -85.5% |
| Total equity and liabilities | 10/49 | €10,735 | €20,968 | +€10,233 | +95.3% |
| Equity | 10/15 | -€125,048 | -€2,652 | +€122,397 | +97.9% |
| Contributions | 10/11 | €6,197 | €140,245 | +€134,048 | +2,163% |
| Profit (loss) carried forward | 14 | -€131,246 | -€142,897 | -€11,651 | -8.9% |
| Amounts payable | 17/49 | €135,784 | €23,620 | -€112,164 | -82.6% |
| Amounts payable within one year | 42/48 | €135,784 | €23,620 | -€112,164 | -82.6% |
| Trade debts | 44 | €1,061 | €16,102 | +€15,041 | +1,417% |
| Suppliers | 440/4 | €1,061 | €16,102 | +€15,041 | +1,417% |
| Other amounts payable | 47/48 | €134,723 | €7,518 | -€127,205 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,467 | €3,259 | -€208 | -6.0% |
| Other operating charges | 640/8 | €795 | €400 | -€395 | -49.7% |
| Gross operating margin | 9900 | €1,352 | -€7,917 | -€9,269 | |
| Operating profit (loss) | 9901 | -€2,910 | -€11,576 | -€8,665 | -298% |
| Financial charges | 65/66B | €90 | €76 | -€14 | -15.6% |
| Recurring financial charges | 65 | €90 | €76 | -€14 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,000 | -€11,651 | -€8,651 | -288% |
| Profit (loss) for the period | 9904 | -€3,000 | -€11,651 | -€8,651 | -288% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,000 | -€11,651 | -€8,651 | -288% |
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 28 October 2026 via checked.be.