DAWO: 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.
DAWO
Largest movements
- Deferred charges and accrued income +€17,498
up €17,498 (+265.5%), from €6,590 to €24,088
- Cash -€14,072
down €14,072 (-9.8%), from €143,949 to €129,877
mainly Tax, wage and social debts (-€43,223) and Other debts (-€19,583)
- Reserves +€64,105
up €64,105 (+123.4%), from €51,966 to €116,071
- Tax, wage and social debts -€43,223
down €43,223 (-74.4%), from €58,057 to €14,834
of which Taxes: -€38,223
- Other debts -€19,583
down €19,583 (-10.7%), from €182,829 to €163,247
- Gross operating margin +€9,544
up €9,544 (+13.8%), from €69,227 to €78,771
- Financial income +€4,637
up €4,637 (+320.8%), from €1,446 to €6,083
- Taxes +€1,939
up €1,939 (+11.6%), from €16,681 to €18,620
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 | €300,854 | €304,295 | +€3,441 | +1.1% |
| Fixed assets | 21/28 | €3,374 | €2,087 | -€1,287 | -38.1% |
| Tangible fixed assets | 22/27 | €3,374 | €2,087 | -€1,287 | -38.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €3,374 | €2,087 | -€1,287 | -38.1% |
| Current assets | 29/58 | €297,480 | €302,207 | +€4,728 | +1.6% |
| Amounts receivable within one year | 40/41 | €146,941 | €148,242 | +€1,301 | +0.9% |
| Trade receivables | 40 | €24,960 | €24,200 | -€760 | -3.0% |
| Other amounts receivable | 41 | €121,981 | €124,042 | +€2,061 | +1.7% |
| Cash at bank and in hand | 54/58 | €143,949 | €129,877 | -€14,072 | -9.8% |
| Deferred charges and accrued income | 490/1 | €6,590 | €24,088 | +€17,498 | +265.5% |
| Total equity and liabilities | 10/49 | €300,854 | €304,295 | +€3,441 | +1.1% |
| Equity | 10/15 | €56,966 | €121,071 | +€64,105 | +112.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,966 | €116,071 | +€64,105 | +123.4% |
| Distributable reserves | 133 | €51,966 | €116,071 | +€64,105 | +123.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €243,888 | €183,224 | -€60,664 | -24.9% |
| Amounts payable within one year | 42/48 | €243,888 | €183,224 | -€60,664 | -24.9% |
| Trade debts | 44 | €3,002 | €5,143 | +€2,142 | +71.4% |
| Suppliers | 440/4 | €3,002 | €5,143 | +€2,142 | +71.4% |
| Taxes, remuneration and social security | 45 | €58,057 | €14,834 | -€43,223 | -74.4% |
| Taxes | 450/3 | €53,057 | €14,834 | -€38,223 | -72.0% |
| Remuneration and social security | 454/9 | €5,000 | €0 | -€5,000 | -100.0% |
| Other amounts payable | 47/48 | €182,829 | €163,247 | -€19,583 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,901 | €1,287 | -€614 | -32.3% |
| Other operating charges | 640/8 | €546 | €549 | +€3 | +0.5% |
| Gross operating margin | 9900 | €69,227 | €78,771 | +€9,544 | +13.8% |
| Operating profit (loss) | 9901 | €66,780 | €76,935 | +€10,155 | +15.2% |
| Financial income | 75/76B | €1,446 | €6,083 | +€4,637 | +320.8% |
| Recurring financial income | 75 | €1,446 | €6,083 | +€4,637 | +320.8% |
| Financial charges | 65/66B | €263 | €294 | +€31 | +11.7% |
| Recurring financial charges | 65 | €263 | €294 | +€31 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €67,963 | €82,725 | +€14,762 | +21.7% |
| Income taxes | 67/77 | €16,681 | €18,620 | +€1,939 | +11.6% |
| Profit (loss) for the period | 9904 | €51,281 | €64,105 | +€12,823 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,281 | €64,105 | +€12,823 | +25.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.