Dewab: 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.
Dewab
Largest movements
- Cash +€86,611
up €86,611 (+452.2%), from €19,155 to €105,766
mainly Net result for the year (+€62,242) and Other debts (+€15,011)
- Current investments -€6,000
down €6,000 (-15.8%), from €38,000 to €32,000
- Receivables within one year +€5,785
up €5,785 (+50.7%), from €11,419 to €17,204
- Tangible fixed assets -€5,263
down €5,263 (-49.9%), from €10,555 to €5,292
- Reserves +€61,409
up €61,409 (+194.4%), from €31,594 to €93,003
- Other debts +€15,011
up €15,011 (+105.1%), from €14,287 to €29,298
- Tax, wage and social debts +€3,619
up €3,619 (+16.3%), from €22,220 to €25,839
- Gross operating margin +€29,942
up €29,942 (+55.6%), from €53,853 to €83,795
- Financial income +€3,247
up €3,247 (+2401.6%), from €135 to €3,382
- Taxes +€2,819
up €2,819 (+20.2%), from €13,924 to €16,743
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 | €79,168 | €160,310 | +€81,143 | +102.5% |
| Fixed assets | 21/28 | €10,555 | €5,292 | -€5,263 | -49.9% |
| Tangible fixed assets | 22/27 | €10,555 | €5,292 | -€5,263 | -49.9% |
| Furniture and vehicles | 24 | €10,555 | €5,292 | -€5,263 | -49.9% |
| Current assets | 29/58 | €68,613 | €155,018 | +€86,405 | +125.9% |
| Amounts receivable within one year | 40/41 | €11,419 | €17,204 | +€5,785 | +50.7% |
| Trade receivables | 40 | €11,419 | €17,204 | +€5,785 | +50.7% |
| Current investments | 50/53 | €38,000 | €32,000 | -€6,000 | -15.8% |
| Cash at bank and in hand | 54/58 | €19,155 | €105,766 | +€86,611 | +452.2% |
| Deferred charges and accrued income | 490/1 | €39 | €48 | +€9 | +23.5% |
| Total equity and liabilities | 10/49 | €79,168 | €160,310 | +€81,143 | +102.5% |
| Equity | 10/15 | €41,594 | €103,003 | +€61,409 | +147.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €31,594 | €93,003 | +€61,409 | +194.4% |
| Distributable reserves | 133 | €31,594 | €93,003 | +€61,409 | +194.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,574 | €57,308 | +€19,734 | +52.5% |
| Amounts payable within one year | 42/48 | €36,772 | €55,824 | +€19,052 | +51.8% |
| Trade debts | 44 | €265 | €687 | +€423 | +159.8% |
| Suppliers | 440/4 | €265 | €687 | +€423 | +159.8% |
| Taxes, remuneration and social security | 45 | €22,220 | €25,839 | +€3,619 | +16.3% |
| Taxes | 450/3 | €22,220 | €25,839 | +€3,619 | +16.3% |
| Other amounts payable | 47/48 | €14,287 | €29,298 | +€15,011 | +105.1% |
| Accrued charges and deferred income | 492/3 | €802 | €1,483 | +€681 | +84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,233 | €5,263 | +€30 | +0.6% |
| Other operating charges | 640/8 | €1,539 | €1,341 | -€198 | -12.8% |
| Gross operating margin | 9900 | €53,853 | €83,795 | +€29,942 | +55.6% |
| Operating profit (loss) | 9901 | €47,082 | €77,192 | +€30,110 | +64.0% |
| Financial income | 75/76B | €135 | €3,382 | +€3,247 | +2401.6% |
| Recurring financial income | 75 | €135 | €3,382 | +€3,247 | +2401.6% |
| Financial charges | 65/66B | €841 | €1,588 | +€747 | +88.9% |
| Recurring financial charges | 65 | €841 | €1,588 | +€747 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €46,376 | €78,986 | +€32,609 | +70.3% |
| Income taxes | 67/77 | €13,924 | €16,743 | +€2,819 | +20.2% |
| Profit (loss) for the period | 9904 | €32,453 | €62,242 | +€29,790 | +91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,453 | €62,242 | +€29,790 | +91.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.