D.W.BE: what changed
Two fiscal 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.
D.W.BE
Largest movements
- Stocks and contracts +€15,890
new in 2025: €15,890
- Cash -€11,366
down €11,366 (-53.6%), from €21,192 to €9,826
mainly Stocks and contracts (-€15,890) and Tax, wage and social debts (-€385)
- Receivables within one year -€2,240
down €2,240 (-31.3%), from €7,148 to €4,908
of which Trade receivables: -€2,655
- Profit (loss) carried forward +€2,639
up €2,639 (+14.5%), from €18,162 to €20,800
- Tax, wage and social debts -€385
down €385 (-4.4%), from €8,678 to €8,293
- Gross operating margin -€18,185
down €18,185 (-79.5%), from €22,864 to €4,679
- Taxes -€3,841
down €3,841 (-84.6%), from €4,540 to €700
- Financial charges +€1,179
up €1,179 (+726.9%), from €162 to €1,341
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 | €28,340 | €30,624 | +€2,285 | +8.1% |
| Current assets | 29/58 | €28,340 | €30,624 | +€2,285 | +8.1% |
| Stocks and contracts in progress | 3 | - | €15,890 | +€15,890 | |
| Stocks | 30/36 | - | €15,890 | +€15,890 | |
| Amounts receivable within one year | 40/41 | €7,148 | €4,908 | -€2,240 | -31.3% |
| Trade receivables | 40 | €6,804 | €4,148 | -€2,655 | -39.0% |
| Other amounts receivable | 41 | €344 | €760 | +€416 | +120.7% |
| Cash at bank and in hand | 54/58 | €21,192 | €9,826 | -€11,366 | -53.6% |
| Total equity and liabilities | 10/49 | €28,340 | €30,624 | +€2,285 | +8.1% |
| Equity | 10/15 | €19,662 | €22,300 | +€2,639 | +13.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,162 | €20,800 | +€2,639 | +14.5% |
| Amounts payable | 17/49 | €8,678 | €8,324 | -€354 | -4.1% |
| Amounts payable within one year | 42/48 | €8,678 | €8,324 | -€354 | -4.1% |
| Taxes, remuneration and social security | 45 | €8,678 | €8,293 | -€385 | -4.4% |
| Taxes | 450/3 | €8,678 | €8,293 | -€385 | -4.4% |
| Other amounts payable | 47/48 | - | €31 | +€31 | |
| Gross operating margin | 9900 | €22,864 | €4,679 | -€18,185 | -79.5% |
| Operating profit (loss) | 9901 | €22,864 | €4,679 | -€18,185 | -79.5% |
| Financial charges | 65/66B | €162 | €1,341 | +€1,179 | +726.9% |
| Recurring financial charges | 65 | €162 | €1,341 | +€1,179 | +726.9% |
| Profit (loss) for the period before taxes | 9903 | €22,702 | €3,338 | -€19,364 | -85.3% |
| Income taxes | 67/77 | €4,540 | €700 | -€3,841 | -84.6% |
| Profit (loss) for the period | 9904 | €18,162 | €2,639 | -€15,523 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,162 | €2,639 | -€15,523 | -85.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.