DE WEZEL: 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.
DE WEZEL
Largest movements
- Receivables within one year -€347,447
down €347,447 (-97.1%), from €357,957 to €10,510
of which Other amounts receivable: -€347,752
- Cash +€58,102
up €58,102 (+74.8%), from €77,667 to €135,769
mainly Receivables within one year (+€347,447) and Net result for the year (+€114,247)
- Tangible fixed assets -€31,851
down €31,851 (-14.9%), from €213,530 to €181,679
of which Furniture and vehicles: -€18,026
- Reserves -€291,703
down €291,703 (-25.2%), from €1.2m to €866,951
of which Distributable reserves: -€291,261
- Tax, wage and social debts -€35,336
down €35,336 (-54.1%), from €65,316 to €29,980
of which Taxes: -€35,336
- Other debts +€35,281
up €35,281 (+9.2%), from €383,778 to €419,059
- Debts after one year -€33,600
down €33,600 (-40.4%), from €83,200 to €49,600
- Gross operating margin -€115,455
down €115,455 (-40.3%), from €286,560 to €171,105
- Taxes -€37,237
down €37,237 (-43.4%), from €85,746 to €48,508
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,744,990 | €1,421,870 | -€323,119 | -18.5% |
| Fixed assets | 21/28 | €532,692 | €500,841 | -€31,851 | -6.0% |
| Tangible fixed assets | 22/27 | €213,530 | €181,679 | -€31,851 | -14.9% |
| Land and buildings | 22 | €139,676 | €128,027 | -€11,649 | -8.3% |
| Plant, machinery and equipment | 23 | €418 | €112 | -€306 | -73.1% |
| Furniture and vehicles | 24 | €49,006 | €30,980 | -€18,026 | -36.8% |
| Other tangible fixed assets | 26 | €24,430 | €22,560 | -€1,870 | -7.7% |
| Financial fixed assets | 28 | €319,162 | €319,162 | = | 0.0% |
| Current assets | 29/58 | €1,212,298 | €921,029 | -€291,269 | -24.0% |
| Amounts receivable after more than one year | 29 | €739,896 | €739,896 | = | 0.0% |
| Other amounts receivable | 291 | €739,896 | €739,896 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €357,957 | €10,510 | -€347,447 | -97.1% |
| Trade receivables | 40 | €1,025 | €1,331 | +€306 | +29.8% |
| Other amounts receivable | 41 | €356,931 | €9,179 | -€347,752 | -97.4% |
| Cash at bank and in hand | 54/58 | €77,667 | €135,769 | +€58,102 | +74.8% |
| Deferred charges and accrued income | 490/1 | €36,779 | €34,855 | -€1,924 | -5.2% |
| Total equity and liabilities | 10/49 | €1,744,990 | €1,421,870 | -€323,119 | -18.5% |
| Equity | 10/15 | €1,172,124 | €880,421 | -€291,703 | -24.9% |
| Contributions | 10/11 | €13,470 | €13,470 | = | 0.0% |
| Reserves | 13 | €1,158,654 | €866,951 | -€291,703 | -25.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,867 | €4,425 | -€442 | -9.1% |
| Distributable reserves | 133 | €1,153,787 | €862,526 | -€291,261 | -25.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €2,506 | €2,278 | -€228 | -9.1% |
| Deferred taxes | 168 | €2,506 | €2,278 | -€228 | -9.1% |
| Amounts payable | 17/49 | €570,359 | €539,171 | -€31,188 | -5.5% |
| Amounts payable after more than one year | 17 | €83,200 | €49,600 | -€33,600 | -40.4% |
| Financial debts | 170/4 | €83,200 | €49,600 | -€33,600 | -40.4% |
| Amounts payable within one year | 42/48 | €487,159 | €489,571 | +€2,412 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €33,600 | €36,400 | +€2,800 | +8.3% |
| Trade debts | 44 | €4,465 | €4,132 | -€333 | -7.5% |
| Suppliers | 440/4 | €4,465 | €4,132 | -€333 | -7.5% |
| Taxes, remuneration and social security | 45 | €65,316 | €29,980 | -€35,336 | -54.1% |
| Taxes | 450/3 | €60,816 | €25,480 | -€35,336 | -58.1% |
| Remuneration and social security | 454/9 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 47/48 | €383,778 | €419,059 | +€35,281 | +9.2% |
| Non-recurring operating income | 76A | €130,274 | €0 | -€130,274 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,851 | €31,851 | = | 0.0% |
| Other operating charges | 640/8 | €2,362 | €2,567 | +€205 | +8.7% |
| Gross operating margin | 9900 | €286,560 | €171,105 | -€115,455 | -40.3% |
| Operating profit (loss) | 9901 | €252,347 | €136,687 | -€115,660 | -45.8% |
| Financial income | 75/76B | €33,657 | €31,331 | -€2,326 | -6.9% |
| Recurring financial income | 75 | €33,657 | €31,331 | -€2,326 | -6.9% |
| Financial charges | 65/66B | €7,008 | €5,490 | -€1,517 | -21.7% |
| Recurring financial charges | 65 | €7,008 | €5,490 | -€1,517 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €278,996 | €162,528 | -€116,468 | -41.7% |
| Transfer from deferred taxes | 780 | €228 | €228 | = | 0.0% |
| Income taxes | 67/77 | €85,746 | €48,508 | -€37,237 | -43.4% |
| Profit (loss) for the period | 9904 | €193,478 | €114,247 | -€79,231 | -41.0% |
| Transfer from tax-exempt reserves | 789 | €442 | €442 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €193,921 | €114,690 | -€79,231 | -40.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.