DE WEVER TOM: 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 TOM
Largest movements
- Receivables within one year -€44,389
down €44,389 (-45.4%), from €97,751 to €53,361
of which Trade receivables: -€41,196
- Stocks and contracts +€18,460
up €18,460 (+342%), from €5,400 to €23,860
of which Contracts in progress: +€20,050
- Cash -€13,208
no longer reported in 2025 (was €13,208)
mainly Trade debts (-€40,988) and Stocks and contracts (-€18,460)
- Tangible fixed assets -€13,132
down €13,132 (-4.1%), from €317,488 to €304,356
of which Land and buildings: -€10,586
- Trade debts -€40,988
down €40,988 (-84.5%), from €48,484 to €7,495
- Short-term financial debts +€21,223
new in 2025: €21,223
- Profit (loss) carried forward -€16,111
new in 2025: -€16,111
- Debts after one year -€14,346
down €14,346 (-5.5%), from €259,070 to €244,724
- Gross operating margin -€63,038
down €63,038 (-66.4%), from €94,992 to €31,953
- Staff costs -€33,192
down €33,192 (-59.3%), from €56,010 to €22,818
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 | €434,454 | €381,931 | -€52,523 | -12.1% |
| Fixed assets | 21/28 | €317,488 | €304,356 | -€13,132 | -4.1% |
| Tangible fixed assets | 22/27 | €317,488 | €304,356 | -€13,132 | -4.1% |
| Land and buildings | 22 | €309,961 | €299,375 | -€10,586 | -3.4% |
| Plant, machinery and equipment | 23 | €7,402 | €4,073 | -€3,329 | -45.0% |
| Furniture and vehicles | 24 | €125 | €908 | +€784 | +628% |
| Current assets | 29/58 | €116,966 | €77,575 | -€39,391 | -33.7% |
| Stocks and contracts in progress | 3 | €5,400 | €23,860 | +€18,460 | +342% |
| Stocks | 30/36 | €5,400 | €3,810 | -€1,590 | -29.4% |
| Contracts in progress | 37 | - | €20,050 | +€20,050 | |
| Amounts receivable within one year | 40/41 | €97,751 | €53,361 | -€44,389 | -45.4% |
| Trade receivables | 40 | €88,521 | €47,324 | -€41,196 | -46.5% |
| Other amounts receivable | 41 | €9,230 | €6,037 | -€3,193 | -34.6% |
| Cash at bank and in hand | 54/58 | €13,208 | - | -€13,208 | |
| Deferred charges and accrued income | 490/1 | €607 | €354 | -€254 | -41.8% |
| Total equity and liabilities | 10/49 | €434,454 | €381,931 | -€52,523 | -12.1% |
| Equity | 10/15 | €36,662 | €20,551 | -€16,111 | -43.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,062 | €18,062 | = | 0.0% |
| Distributable reserves | 133 | €18,062 | €18,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,111 | -€16,111 | |
| Amounts payable | 17/49 | €397,792 | €361,380 | -€36,412 | -9.2% |
| Amounts payable after more than one year | 17 | €259,070 | €244,724 | -€14,346 | -5.5% |
| Financial debts | 170/4 | €259,070 | €244,724 | -€14,346 | -5.5% |
| Amounts payable within one year | 42/48 | €138,722 | €116,657 | -€22,066 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €14,066 | €14,346 | +€280 | +2.0% |
| Financial debts | 43 | - | €21,223 | +€21,223 | |
| Credit institutions | 430/8 | - | €21,223 | +€21,223 | |
| Trade debts | 44 | €48,484 | €7,495 | -€40,988 | -84.5% |
| Suppliers | 440/4 | €48,484 | €7,495 | -€40,988 | -84.5% |
| Taxes, remuneration and social security | 45 | €6,733 | €2,500 | -€4,233 | -62.9% |
| Taxes | 450/3 | €5,500 | €2,500 | -€3,000 | -54.5% |
| Remuneration and social security | 454/9 | €1,233 | - | -€1,233 | |
| Other amounts payable | 47/48 | €69,439 | €71,092 | +€1,653 | +2.4% |
| Non-recurring operating income | 76A | - | €2,479 | +€2,479 | |
| Remuneration, social security and pensions | 62 | €56,010 | €22,818 | -€33,192 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,775 | €14,250 | +€475 | +3.4% |
| Other operating charges | 640/8 | €3,506 | €3,358 | -€148 | -4.2% |
| Gross operating margin | 9900 | €94,992 | €31,953 | -€63,038 | -66.4% |
| Operating profit (loss) | 9901 | €21,701 | -€8,472 | -€30,172 | |
| Financial income | 75/76B | €24 | €51 | +€27 | +114% |
| Recurring financial income | 75 | €24 | €51 | +€27 | +114% |
| Financial charges | 65/66B | €7,922 | €7,691 | -€231 | -2.9% |
| Recurring financial charges | 65 | €7,922 | €7,691 | -€231 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €13,803 | -€16,111 | -€29,914 | |
| Profit (loss) for the period | 9904 | €13,803 | -€16,111 | -€29,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,803 | -€16,111 | -€29,914 |
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 19 October 2026 via checked.be.