D & W Horeca: 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 Horeca
Largest movements
- Receivables within one year +€3,501
up €3,501 (+12.6%), from €27,884 to €31,385
- Profit (loss) carried forward +€24,274
up €24,274 (+5.9%), from -€412,444 to -€388,171
- Other debts -€21,519
down €21,519 (-10.8%), from €199,062 to €177,543
- Trade debts +€726
up €726 (+182%), from €399 to €1,126
- Gross operating margin +€7,075
up €7,075 (+38.2%), from €18,499 to €25,574
- Other operating charges +€441
up €441 (+77.1%), from €572 to €1,013
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 | €27,914 | €31,388 | +€3,473 | +12.4% |
| Current assets | 29/58 | €27,914 | €31,388 | +€3,473 | +12.4% |
| Amounts receivable within one year | 40/41 | €27,884 | €31,385 | +€3,501 | +12.6% |
| Trade receivables | 40 | €27,884 | €31,385 | +€3,501 | +12.6% |
| Cash at bank and in hand | 54/58 | €30 | €3 | -€28 | -90.6% |
| Total equity and liabilities | 10/49 | €27,914 | €31,388 | +€3,473 | +12.4% |
| Equity | 10/15 | -€173,439 | -€149,166 | +€24,274 | +14.0% |
| Contributions | 10/11 | €239,005 | €239,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€412,444 | -€388,171 | +€24,274 | +5.9% |
| Amounts payable | 17/49 | €201,354 | €180,553 | -€20,800 | -10.3% |
| Amounts payable within one year | 42/48 | €200,956 | €180,127 | -€20,829 | -10.4% |
| Trade debts | 44 | €399 | €1,126 | +€726 | +182% |
| Suppliers | 440/4 | €399 | €1,126 | +€726 | +182% |
| Taxes, remuneration and social security | 45 | €1,494 | €1,458 | -€36 | -2.4% |
| Taxes | 450/3 | €1,494 | €1,458 | -€36 | -2.4% |
| Other amounts payable | 47/48 | €199,062 | €177,543 | -€21,519 | -10.8% |
| Accrued charges and deferred income | 492/3 | €398 | €426 | +€28 | +7.1% |
| Non-recurring operating income | 76A | - | €3,167 | +€3,167 | |
| Other operating charges | 640/8 | €572 | €1,013 | +€441 | +77.1% |
| Gross operating margin | 9900 | €18,499 | €25,574 | +€7,075 | +38.2% |
| Operating profit (loss) | 9901 | €17,927 | €24,561 | +€6,634 | +37.0% |
| Financial charges | 65/66B | €254 | €287 | +€33 | +13.2% |
| Recurring financial charges | 65 | €254 | €287 | +€33 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €17,673 | €24,274 | +€6,601 | +37.3% |
| Profit (loss) for the period | 9904 | €17,673 | €24,274 | +€6,601 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,673 | €24,274 | +€6,601 | +37.3% |
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 15 October 2026 via checked.be.