LA DUNA: 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 DUNA
Largest movements
- Tangible fixed assets +€28,410
up €28,410 (+59.0%), from €48,164 to €76,574
of which Furniture and vehicles: +€20,410
- Cash -€4,839
down €4,839 (-9.6%), from €50,172 to €45,333
mainly Investment in fixed assets (net) (-€43,599) and Tax, wage and social debts (-€4,729)
- Reserves +€14,840
up €14,840 (+18.8%), from €78,730 to €93,570
- Debts after one year +€8,108
up €8,108 (+49.3%), from €16,443 to €24,551
- Current portion of long-term debt +€5,510
up €5,510 (+135%), from €4,079 to €9,589
- Tax, wage and social debts -€4,729
down €4,729 (-70.8%), from €6,679 to €1,950
of which Taxes: -€4,759
- Gross operating margin -€8,573
down €8,573 (-13.1%), from €65,393 to €56,820
- Depreciation +€6,040
up €6,040 (+66.0%), from €9,149 to €15,189
- Taxes -€4,259
down €4,259 (-36.5%), from €11,679 to €7,420
- Staff costs +€2,590
up €2,590 (+23.6%), from €10,995 to €13,585
- Financial income +€2,262
new in 2025: €2,262
of which Financial income: +€2,262
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 | €115,065 | €137,548 | +€22,483 | +19.5% |
| Fixed assets | 21/28 | €48,619 | €77,029 | +€28,410 | +58.4% |
| Tangible fixed assets | 22/27 | €48,164 | €76,574 | +€28,410 | +59.0% |
| Plant, machinery and equipment | 23 | €5,753 | €3,724 | -€2,029 | -35.3% |
| Furniture and vehicles | 24 | - | €20,410 | +€20,410 | |
| Leasing and similar rights | 25 | €25,254 | €19,312 | -€5,942 | -23.5% |
| Other tangible fixed assets | 26 | €17,157 | €33,128 | +€15,971 | +93.1% |
| Financial fixed assets | 28 | €455 | €455 | = | 0.0% |
| Current assets | 29/58 | €66,446 | €60,519 | -€5,927 | -8.9% |
| Stocks and contracts in progress | 3 | €2,837 | €2,821 | -€16 | -0.6% |
| Stocks | 30/36 | €2,837 | €2,821 | -€16 | -0.6% |
| Amounts receivable within one year | 40/41 | €13,437 | €12,365 | -€1,072 | -8.0% |
| Other amounts receivable | 41 | €13,437 | €12,365 | -€1,072 | -8.0% |
| Cash at bank and in hand | 54/58 | €50,172 | €45,333 | -€4,839 | -9.6% |
| Total equity and liabilities | 10/49 | €115,065 | €137,548 | +€22,483 | +19.5% |
| Equity | 10/15 | €84,740 | €99,571 | +€14,831 | +17.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €78,730 | €93,570 | +€14,840 | +18.8% |
| Distributable reserves | 133 | €78,730 | €93,570 | +€14,840 | +18.8% |
| Profit (loss) carried forward | 14 | €10 | €1 | -€9 | -90.0% |
| Amounts payable | 17/49 | €30,325 | €37,977 | +€7,652 | +25.2% |
| Amounts payable after more than one year | 17 | €16,443 | €24,551 | +€8,108 | +49.3% |
| Financial debts | 170/4 | €16,443 | €24,551 | +€8,108 | +49.3% |
| Amounts payable within one year | 42/48 | €13,882 | €13,426 | -€456 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €4,079 | €9,589 | +€5,510 | +135% |
| Trade debts | 44 | €1,328 | €117 | -€1,211 | -91.2% |
| Suppliers | 440/4 | €1,328 | €117 | -€1,211 | -91.2% |
| Taxes, remuneration and social security | 45 | €6,679 | €1,950 | -€4,729 | -70.8% |
| Taxes | 450/3 | €6,679 | €1,920 | -€4,759 | -71.3% |
| Remuneration and social security | 454/9 | - | €30 | +€30 | |
| Other amounts payable | 47/48 | €1,796 | €1,770 | -€26 | -1.4% |
| Non-recurring operating income | 76A | - | €370 | +€370 | |
| Remuneration, social security and pensions | 62 | €10,995 | €13,585 | +€2,590 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,149 | €15,189 | +€6,040 | +66.0% |
| Other operating charges | 640/8 | €2,441 | €2,445 | +€4 | +0.2% |
| Gross operating margin | 9900 | €65,393 | €56,820 | -€8,573 | -13.1% |
| Operating profit (loss) | 9901 | €42,808 | €25,601 | -€17,207 | -40.2% |
| Financial income | 75/76B | - | €2,262 | +€2,262 | |
| Recurring financial income | 75 | - | €2,262 | +€2,262 | |
| Non-recurring financial income | 76B | - | €2,262 | +€2,262 | |
| Financial charges | 65/66B | €3,600 | €3,912 | +€312 | +8.7% |
| Recurring financial charges | 65 | €3,600 | €3,912 | +€312 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €39,208 | €23,951 | -€15,257 | -38.9% |
| Income taxes | 67/77 | €11,679 | €7,420 | -€4,259 | -36.5% |
| Profit (loss) for the period | 9904 | €27,529 | €16,531 | -€10,998 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,529 | €16,531 | -€10,998 | -40.0% |
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 17 October 2026 via checked.be.