La Durée: 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 Durée
Largest movements
- Receivables within one year +€96,854
up €96,854 (+117.5%), from €82,405 to €179,259
of which Other amounts receivable: +€77,293
- Receivables after one year -€60,000
no longer reported in 2025 (was €60,000)
- Tangible fixed assets -€27,548
down €27,548 (-34.9%), from €78,904 to €51,356
of which Land and buildings: -€21,978
- Cash -€19,858
down €19,858 (-64.1%), from €30,958 to €11,101
mainly Receivables within one year (-€96,854) and Net result for the year (-€52,051)
- Intangible fixed assets -€6,000
down €6,000 (-20.0%), from €30,000 to €24,000
- Short-term financial debts +€64,801
up €64,801 (+652.5%), from €9,931 to €74,732
- Reserves -€47,635
down €47,635 (-82.3%), from €57,888 to €10,253
- Debts after one year -€31,746
down €31,746 (-46.8%), from €67,855 to €36,109
- Trade debts +€7,458
up €7,458 (+10.4%), from €71,723 to €79,181
- Tax, wage and social debts -€4,939
down €4,939 (-7.1%), from €69,923 to €64,984
of which Remuneration and social security: -€25,507
- Staff costs -€71,892
down €71,892 (-33.2%), from €216,770 to €144,878
- Other operating charges +€9,094
up €9,094 (+147.6%), from €6,160 to €15,254
- Gross operating margin -€6,745
down €6,745 (-4.3%), from €156,712 to €149,967
- Depreciation +€4,843
up €4,843 (+16.9%), from €28,705 to €33,548
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.
Cash bridge derived
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 | €341,448 | €326,947 | -€14,501 | -4.2% |
| Fixed assets | 21/28 | €109,504 | €78,486 | -€31,018 | -28.3% |
| Intangible fixed assets | 21 | €30,000 | €24,000 | -€6,000 | -20.0% |
| Tangible fixed assets | 22/27 | €78,904 | €51,356 | -€27,548 | -34.9% |
| Land and buildings | 22 | €64,384 | €42,406 | -€21,978 | -34.1% |
| Plant, machinery and equipment | 23 | €9,789 | €6,595 | -€3,194 | -32.6% |
| Furniture and vehicles | 24 | €4,731 | €2,355 | -€2,376 | -50.2% |
| Financial fixed assets | 28 | €600 | €3,130 | +€2,530 | +421.7% |
| Current assets | 29/58 | €231,943 | €248,461 | +€16,517 | +7.1% |
| Amounts receivable after more than one year | 29 | €60,000 | - | -€60,000 | |
| Other amounts receivable | 291 | €60,000 | - | -€60,000 | |
| Stocks and contracts in progress | 3 | €50,891 | €48,135 | -€2,756 | -5.4% |
| Stocks | 30/36 | €50,891 | €48,135 | -€2,756 | -5.4% |
| Amounts receivable within one year | 40/41 | €82,405 | €179,259 | +€96,854 | +117.5% |
| Trade receivables | 40 | €3,730 | €23,291 | +€19,561 | +524.5% |
| Other amounts receivable | 41 | €78,676 | €155,968 | +€77,293 | +98.2% |
| Cash at bank and in hand | 54/58 | €30,958 | €11,101 | -€19,858 | -64.1% |
| Deferred charges and accrued income | 490/1 | €7,688 | €9,966 | +€2,278 | +29.6% |
| Total equity and liabilities | 10/49 | €341,448 | €326,947 | -€14,501 | -4.2% |
| Equity | 10/15 | €91,720 | €39,669 | -€52,051 | -56.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €8,832 | €4,416 | -€4,416 | -50.0% |
| Reserves | 13 | €57,888 | €10,253 | -€47,635 | -82.3% |
| Distributable reserves | 133 | €57,888 | €10,253 | -€47,635 | -82.3% |
| Amounts payable | 17/49 | €249,727 | €287,278 | +€37,550 | +15.0% |
| Amounts payable after more than one year | 17 | €67,855 | €36,109 | -€31,746 | -46.8% |
| Financial debts | 170/4 | €67,855 | €36,109 | -€31,746 | -46.8% |
| Amounts payable within one year | 42/48 | €181,873 | €250,643 | +€68,771 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €30,296 | €31,746 | +€1,450 | +4.8% |
| Financial debts | 43 | €9,931 | €74,732 | +€64,801 | +652.5% |
| Credit institutions | 430/8 | €9,931 | €74,732 | +€64,801 | +652.5% |
| Trade debts | 44 | €71,723 | €79,181 | +€7,458 | +10.4% |
| Suppliers | 440/4 | €71,723 | €79,181 | +€7,458 | +10.4% |
| Taxes, remuneration and social security | 45 | €69,923 | €64,984 | -€4,939 | -7.1% |
| Taxes | 450/3 | €21,440 | €42,008 | +€20,569 | +95.9% |
| Remuneration and social security | 454/9 | €48,483 | €22,976 | -€25,507 | -52.6% |
| Accrued charges and deferred income | 492/3 | - | €526 | +€526 | |
| Remuneration, social security and pensions | 62 | €216,770 | €144,878 | -€71,892 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,705 | €33,548 | +€4,843 | +16.9% |
| Other operating charges | 640/8 | €6,160 | €15,254 | +€9,094 | +147.6% |
| Gross operating margin | 9900 | €156,712 | €149,967 | -€6,745 | -4.3% |
| Operating profit (loss) | 9901 | -€94,923 | -€43,713 | +€51,210 | +53.9% |
| Financial income | 75/76B | €7,146 | €7,909 | +€763 | +10.7% |
| Recurring financial income | 75 | €7,146 | €7,909 | +€763 | +10.7% |
| Financial charges | 65/66B | €15,858 | €15,594 | -€264 | -1.7% |
| Recurring financial charges | 65 | €15,858 | €15,594 | -€264 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€103,634 | -€51,398 | +€52,236 | +50.4% |
| Income taxes | 67/77 | €516 | €653 | +€137 | +26.6% |
| Profit (loss) for the period | 9904 | -€104,150 | -€52,051 | +€52,099 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,150 | -€52,051 | +€52,099 | +50.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.