DEUWEL & CO: 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.
DEUWEL & CO
Largest movements
- Tangible fixed assets -€11,645
down €11,645 (-25.8%), from €45,210 to €33,565
of which Furniture and vehicles: -€10,543
- Cash -€3,120
down €3,120 (-43.5%), from €7,178 to €4,058
mainly Other debts (-€9,371) and Contributions, distributions and other (-€7,000)
- Other debts -€9,371
down €9,371 (-74.9%), from €12,511 to €3,140
- Profit (loss) carried forward +€5,344
up €5,344 (+82.6%), from €6,468 to €11,812
- Tax, wage and social debts -€4,808
down €4,808 (-91.6%), from €5,250 to €442
- Current portion of long-term debt -€3,380
down €3,380 (-74.8%), from €4,522 to €1,142
- Debts after one year -€1,142
no longer reported in 2025 (was €1,142)
- Gross operating margin +€8,124
up €8,124 (+37.8%), from €21,508 to €29,632
- Taxes +€1,840
up €1,840 (+51.2%), from €3,594 to €5,435
- Depreciation +€1,128
up €1,128 (+10.7%), from €10,517 to €11,645
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 | €53,794 | €39,029 | -€14,765 | -27.4% |
| Fixed assets | 21/28 | €45,210 | €33,565 | -€11,645 | -25.8% |
| Tangible fixed assets | 22/27 | €45,210 | €33,565 | -€11,645 | -25.8% |
| Plant, machinery and equipment | 23 | €2,736 | €1,634 | -€1,102 | -40.3% |
| Furniture and vehicles | 24 | €42,474 | €31,931 | -€10,543 | -24.8% |
| Current assets | 29/58 | €8,584 | €5,464 | -€3,120 | -36.3% |
| Amounts receivable within one year | 40/41 | €1,406 | €1,406 | = | 0.0% |
| Other amounts receivable | 41 | €1,406 | €1,406 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,178 | €4,058 | -€3,120 | -43.5% |
| Total equity and liabilities | 10/49 | €53,794 | €39,029 | -€14,765 | -27.4% |
| Equity | 10/15 | €25,928 | €30,412 | +€4,484 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €860 | - | -€860 | |
| Distributable reserves | 133 | €860 | - | -€860 | |
| Profit (loss) carried forward | 14 | €6,468 | €11,812 | +€5,344 | +82.6% |
| Amounts payable | 17/49 | €27,865 | €8,617 | -€19,249 | -69.1% |
| Amounts payable after more than one year | 17 | €1,142 | - | -€1,142 | |
| Financial debts | 170/4 | €1,142 | - | -€1,142 | |
| Amounts payable within one year | 42/48 | €26,724 | €8,617 | -€18,107 | -67.8% |
| Current portion of amounts payable after more than one year | 42 | €4,522 | €1,142 | -€3,380 | -74.8% |
| Trade debts | 44 | €4,440 | €3,893 | -€547 | -12.3% |
| Suppliers | 440/4 | €4,440 | €3,893 | -€547 | -12.3% |
| Taxes, remuneration and social security | 45 | €5,250 | €442 | -€4,808 | -91.6% |
| Taxes | 450/3 | €5,250 | €442 | -€4,808 | -91.6% |
| Other amounts payable | 47/48 | €12,511 | €3,140 | -€9,371 | -74.9% |
| Non-recurring operating income | 76A | €13,372 | - | -€13,372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,517 | €11,645 | +€1,128 | +10.7% |
| Other operating charges | 640/8 | €815 | €967 | +€153 | +18.7% |
| Gross operating margin | 9900 | €21,508 | €29,632 | +€8,124 | +37.8% |
| Operating profit (loss) | 9901 | €10,176 | €17,020 | +€6,844 | +67.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €187 | €102 | -€85 | -45.6% |
| Recurring financial charges | 65 | €187 | €102 | -€85 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €9,994 | €16,919 | +€6,925 | +69.3% |
| Income taxes | 67/77 | €3,594 | €5,435 | +€1,840 | +51.2% |
| Profit (loss) for the period | 9904 | €6,400 | €11,484 | +€5,084 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,400 | €11,484 | +€5,084 | +79.4% |
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 30 October 2026 via checked.be.