SRL DUCOFFRE: what changed
SRL DUCOFFRE
Largest movements
- Cash +€53,747
up €53,747 (+25.8%), from €208,516 to €262,263
mainly Other debts (+€76,825) and Debts after one year (+€31,170)
- Receivables within one year +€19,100
up €19,100 (+56.9%), from €33,559 to €52,659
of which Other amounts receivable: +€19,100
- Deferred charges and accrued income -€10,332
down €10,332 (-66.3%), from €15,575 to €5,243
- Tangible fixed assets -€8,549
down €8,549 (-34.1%), from €25,055 to €16,506
of which Land and buildings: -€11,133
- Other debts +€76,825
up €76,825 (+687%), from €11,175 to €88,000
- Reserves -€65,300
down €65,300 (-28.9%), from €225,867 to €160,567
- Debts after one year +€31,170
up €31,170 (+174%), from €17,913 to €49,083
- Current portion of long-term debt +€9,156
up €9,156 (+118%), from €7,773 to €16,930
- Gross operating margin -€39,880
down €39,880 (-45.5%), from €87,592 to €47,712
- Staff costs -€27,457
down €27,457 (-99.6%), from €27,564 to €107
- Depreciation -€5,199
down €5,199 (-29.1%), from €17,892 to €12,693
- Taxes -€1,741
down €1,741 (-14.8%), from €11,737 to €9,996
- Other operating charges +€1,479
up €1,479 (+51.0%), from €2,899 to €4,378
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,325 | €337,291 | +€53,966 | +19.0% |
| Fixed assets | 21/28 | €25,675 | €17,126 | -€8,549 | -33.3% |
| Tangible fixed assets | 22/27 | €25,055 | €16,506 | -€8,549 | -34.1% |
| Land and buildings | 22 | €21,474 | €10,340 | -€11,133 | -51.8% |
| Plant, machinery and equipment | 23 | €2,832 | €5,790 | +€2,957 | +104% |
| Furniture and vehicles | 24 | €749 | €376 | -€373 | -49.8% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €257,650 | €320,165 | +€62,515 | +24.3% |
| Amounts receivable within one year | 40/41 | €33,559 | €52,659 | +€19,100 | +56.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €33,559 | €52,659 | +€19,100 | +56.9% |
| Cash at bank and in hand | 54/58 | €208,516 | €262,263 | +€53,747 | +25.8% |
| Deferred charges and accrued income | 490/1 | €15,575 | €5,243 | -€10,332 | -66.3% |
| Total equity and liabilities | 10/49 | €283,325 | €337,291 | +€53,966 | +19.0% |
| Equity | 10/15 | €238,391 | €173,175 | -€65,216 | -27.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €225,867 | €160,567 | -€65,300 | -28.9% |
| Distributable reserves | 133 | €225,867 | €160,567 | -€65,300 | -28.9% |
| Profit (loss) carried forward | 14 | €6,324 | €6,408 | +€84 | +1.3% |
| Amounts payable | 17/49 | €44,934 | €164,116 | +€119,182 | +265% |
| Amounts payable after more than one year | 17 | €17,913 | €49,083 | +€31,170 | +174% |
| Financial debts | 170/4 | €17,913 | €49,083 | +€31,170 | +174% |
| Amounts payable within one year | 42/48 | €27,021 | €115,032 | +€88,012 | +326% |
| Current portion of amounts payable after more than one year | 42 | €7,773 | €16,930 | +€9,156 | +118% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,333 | €6,624 | +€292 | +4.6% |
| Suppliers | 440/4 | €6,333 | €6,624 | +€292 | +4.6% |
| Taxes, remuneration and social security | 45 | €1,739 | €3,478 | +€1,739 | +100% |
| Taxes | 450/3 | €1,739 | €3,478 | +€1,739 | +100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,175 | €88,000 | +€76,825 | +687% |
| Remuneration, social security and pensions | 62 | €27,564 | €107 | -€27,457 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,892 | €12,693 | -€5,199 | -29.1% |
| Other operating charges | 640/8 | €2,899 | €4,378 | +€1,479 | +51.0% |
| Gross operating margin | 9900 | €87,592 | €47,712 | -€39,880 | -45.5% |
| Operating profit (loss) | 9901 | €39,236 | €30,532 | -€8,704 | -22.2% |
| Financial income | 75/76B | €2,411 | €2,916 | +€505 | +20.9% |
| Recurring financial income | 75 | €2,411 | €2,916 | +€505 | +20.9% |
| Financial charges | 65/66B | €1,870 | €668 | -€1,202 | -64.3% |
| Recurring financial charges | 65 | €1,870 | €668 | -€1,202 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €39,777 | €32,779 | -€6,997 | -17.6% |
| Income taxes | 67/77 | €11,737 | €9,996 | -€1,741 | -14.8% |
| Profit (loss) for the period | 9904 | €28,040 | €22,784 | -€5,256 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,040 | €22,784 | -€5,256 | -18.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.