D.W.-BEHEER: 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.
D.W.-BEHEER
Largest movements
- Tangible fixed assets -€37,811
down €37,811 (-4.3%), from €888,427 to €850,617
of which Land and buildings: -€36,090
- Other debts -€19,807
down €19,807 (-3.9%), from €509,484 to €489,677
- Tax, wage and social debts -€11,920
down €11,920 (-93.0%), from €12,820 to €900
- Financial charges -€40,265
down €40,265 (-99.8%), from €40,352 to €86
- Gross operating margin -€5,328
down €5,328 (-11.9%), from €44,651 to €39,323
- Depreciation -€2,063
down €2,063 (-5.2%), from €39,873 to €37,811
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 | €899,118 | €864,674 | -€34,444 | -3.8% |
| Fixed assets | 21/28 | €888,427 | €850,617 | -€37,811 | -4.3% |
| Tangible fixed assets | 22/27 | €888,427 | €850,617 | -€37,811 | -4.3% |
| Land and buildings | 22 | €883,973 | €847,883 | -€36,090 | -4.1% |
| Plant, machinery and equipment | 23 | €4,454 | €2,733 | -€1,721 | -38.6% |
| Current assets | 29/58 | €10,691 | €14,057 | +€3,366 | +31.5% |
| Amounts receivable within one year | 40/41 | €3,392 | €1,039 | -€2,353 | -69.4% |
| Trade receivables | 40 | €372 | €1,039 | +€667 | +179.1% |
| Other amounts receivable | 41 | €3,020 | €0 | -€3,020 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,056 | €11,374 | +€7,318 | +180.4% |
| Deferred charges and accrued income | 490/1 | €3,242 | €1,644 | -€1,598 | -49.3% |
| Total equity and liabilities | 10/49 | €899,118 | €864,674 | -€34,444 | -3.8% |
| Equity | 10/15 | €372,913 | €370,068 | -€2,846 | -0.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €559,482 | €559,482 | = | 0.0% |
| Reserves | 13 | €78,963 | €78,963 | = | 0.0% |
| Distributable reserves | 133 | €78,963 | €78,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€327,032 | -€329,878 | -€2,846 | -0.9% |
| Amounts payable | 17/49 | €526,205 | €494,606 | -€31,599 | -6.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €525,385 | €493,786 | -€31,599 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €240 | €0 | -€240 | -100.0% |
| Trade debts | 44 | €2,841 | €3,209 | +€368 | +13.0% |
| Suppliers | 440/4 | €2,841 | €3,209 | +€368 | +13.0% |
| Taxes, remuneration and social security | 45 | €12,820 | €900 | -€11,920 | -93.0% |
| Taxes | 450/3 | €12,820 | €900 | -€11,920 | -93.0% |
| Other amounts payable | 47/48 | €509,484 | €489,677 | -€19,807 | -3.9% |
| Accrued charges and deferred income | 492/3 | €820 | €820 | = | 0.0% |
| Non-recurring operating income | 76A | €19,932 | €20,555 | +€623 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,873 | €37,811 | -€2,063 | -5.2% |
| Other operating charges | 640/8 | €4,591 | €4,272 | -€319 | -6.9% |
| Gross operating margin | 9900 | €44,651 | €39,323 | -€5,328 | -11.9% |
| Operating profit (loss) | 9901 | €187 | -€2,759 | -€2,946 | |
| Financial charges | 65/66B | €40,352 | €86 | -€40,265 | -99.8% |
| Recurring financial charges | 65 | €40,352 | €86 | -€40,265 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | -€40,165 | -€2,846 | +€37,319 | +92.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€40,165 | -€2,846 | +€37,319 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,165 | -€2,846 | +€37,319 | +92.9% |
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 11 October 2026 via checked.be.