De Wever Celien: 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.
DE WEVER CELIEN
Largest movements
- Cash -€4,510
down €4,510 (-15.1%), from €29,921 to €25,412
mainly Tax, wage and social debts (-€6,610) and Receivables within one year (-€699)
- Tangible fixed assets -€918
no longer reported in 2025 (was €918)
- Receivables within one year +€699
up €699 (+266%), from €263 to €962
of which Trade receivables: +€962
- Tax, wage and social debts -€6,610
no longer reported in 2025 (was €6,610)
- Profit (loss) carried forward +€2,163
up €2,163 (+55.9%), from -€3,868 to -€1,706
- Gross operating margin +€6,023
up €6,023, from -€3,426 to €2,597
- Depreciation -€282
no longer reported in 2025 (was €282)
- Other operating charges +€146
up €146 (+124%), from €118 to €264
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 | €31,102 | €26,374 | -€4,728 | -15.2% |
| Fixed assets | 21/28 | €918 | - | -€918 | |
| Tangible fixed assets | 22/27 | €918 | - | -€918 | |
| Plant, machinery and equipment | 23 | €918 | - | -€918 | |
| Current assets | 29/58 | €30,184 | €26,374 | -€3,810 | -12.6% |
| Amounts receivable within one year | 40/41 | €263 | €962 | +€699 | +266% |
| Trade receivables | 40 | - | €962 | +€962 | |
| Other amounts receivable | 41 | €263 | - | -€263 | |
| Cash at bank and in hand | 54/58 | €29,921 | €25,412 | -€4,510 | -15.1% |
| Total equity and liabilities | 10/49 | €31,102 | €26,374 | -€4,728 | -15.2% |
| Equity | 10/15 | €17,507 | €19,670 | +€2,163 | +12.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €17,375 | €17,375 | = | 0.0% |
| Distributable reserves | 133 | €17,375 | €17,375 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,868 | -€1,706 | +€2,163 | +55.9% |
| Amounts payable | 17/49 | €13,594 | €6,704 | -€6,891 | -50.7% |
| Amounts payable within one year | 42/48 | €13,594 | €6,704 | -€6,891 | -50.7% |
| Trade debts | 44 | €1,243 | €962 | -€281 | -22.6% |
| Suppliers | 440/4 | €1,243 | €962 | -€281 | -22.6% |
| Taxes, remuneration and social security | 45 | €6,610 | - | -€6,610 | |
| Taxes | 450/3 | €6,610 | - | -€6,610 | |
| Other amounts payable | 47/48 | €5,742 | €5,742 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282 | - | -€282 | |
| Other operating charges | 640/8 | €118 | €264 | +€146 | +124% |
| Non-recurring operating charges | 66A | - | €123 | +€123 | |
| Gross operating margin | 9900 | -€3,426 | €2,597 | +€6,023 | |
| Operating profit (loss) | 9901 | -€3,826 | €2,211 | +€6,037 | |
| Financial charges | 65/66B | €42 | €48 | +€6 | +14.2% |
| Recurring financial charges | 65 | €42 | €48 | +€6 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,868 | €2,163 | +€6,031 | |
| Profit (loss) for the period | 9904 | -€3,868 | €2,163 | +€6,031 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,868 | €2,163 | +€6,031 |
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 28 October 2026 via checked.be.