CHRISTOPHE DEWULF TECHNICS: 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.
CHRISTOPHE DEWULF TECHNICS
Largest movements
- Cash +€45,848
up €45,848 (+55.7%), from €82,309 to €128,156
mainly Net result for the year (+€61,377) and Depreciation (+€1,579)
- Tangible fixed assets +€3,862
up €3,862 (+120%), from €3,208 to €7,071
of which Furniture and vehicles: +€4,078
- Reserves +€61,377
up €61,377 (+89.1%), from €68,864 to €130,240
- Trade debts -€6,507
down €6,507 (-81.3%), from €8,000 to €1,493
- Other debts -€4,002
down €4,002 (-76.8%), from €5,213 to €1,211
- Financial charges +€1,291
up €1,291 (+58.8%), from €2,196 to €3,487
- Gross operating margin +€1,004
up €1,004 (+1.2%), from €82,855 to €83,859
- Depreciation +€984
up €984 (+165%), from €595 to €1,579
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 | €105,965 | €155,324 | +€49,359 | +46.6% |
| Fixed assets | 21/28 | €3,208 | €7,071 | +€3,862 | +120% |
| Tangible fixed assets | 22/27 | €3,208 | €7,071 | +€3,862 | +120% |
| Plant, machinery and equipment | 23 | €509 | €294 | -€215 | -42.3% |
| Furniture and vehicles | 24 | €2,699 | €6,777 | +€4,078 | +151% |
| Current assets | 29/58 | €102,757 | €148,254 | +€45,497 | +44.3% |
| Amounts receivable within one year | 40/41 | €18,888 | €18,989 | +€101 | +0.5% |
| Trade receivables | 40 | €18,888 | €18,989 | +€101 | +0.5% |
| Cash at bank and in hand | 54/58 | €82,309 | €128,156 | +€45,848 | +55.7% |
| Deferred charges and accrued income | 490/1 | €1,560 | €1,108 | -€452 | -29.0% |
| Total equity and liabilities | 10/49 | €105,965 | €155,324 | +€49,359 | +46.6% |
| Equity | 10/15 | €73,864 | €135,240 | +€61,377 | +83.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,864 | €130,240 | +€61,377 | +89.1% |
| Distributable reserves | 133 | €68,864 | €130,240 | +€61,377 | +89.1% |
| Amounts payable | 17/49 | €32,102 | €20,084 | -€12,018 | -37.4% |
| Amounts payable within one year | 42/48 | €32,102 | €20,084 | -€12,018 | -37.4% |
| Trade debts | 44 | €8,000 | €1,493 | -€6,507 | -81.3% |
| Suppliers | 440/4 | €8,000 | €1,493 | -€6,507 | -81.3% |
| Taxes, remuneration and social security | 45 | €18,888 | €17,380 | -€1,508 | -8.0% |
| Taxes | 450/3 | €16,513 | €15,005 | -€1,508 | -9.1% |
| Remuneration and social security | 454/9 | €2,375 | €2,375 | = | 0.0% |
| Other amounts payable | 47/48 | €5,213 | €1,211 | -€4,002 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €595 | €1,579 | +€984 | +165% |
| Other operating charges | 640/8 | €577 | €843 | +€266 | +46.1% |
| Gross operating margin | 9900 | €82,855 | €83,859 | +€1,004 | +1.2% |
| Operating profit (loss) | 9901 | €81,683 | €81,437 | -€246 | -0.3% |
| Financial income | 75/76B | €105 | €6 | -€99 | -94.5% |
| Recurring financial income | 75 | €105 | €6 | -€99 | -94.5% |
| Financial charges | 65/66B | €2,196 | €3,487 | +€1,291 | +58.8% |
| Recurring financial charges | 65 | €2,196 | €3,487 | +€1,291 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €79,592 | €77,955 | -€1,636 | -2.1% |
| Income taxes | 67/77 | €17,286 | €16,579 | -€707 | -4.1% |
| Profit (loss) for the period | 9904 | €62,306 | €61,377 | -€929 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,306 | €61,377 | -€929 | -1.5% |
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 27 October 2026 via checked.be.