DEWAEL-VAN DOREN: 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.
DEWAEL-VAN DOREN
Largest movements
- Cash +€173,788
up €173,788 (+117.7%), from €147,613 to €321,401
mainly Other debts (+€136,422) and Net result for the year (+€59,785)
- Receivables within one year +€28,744
up €28,744 (+26.6%), from €107,935 to €136,679
of which Trade receivables: +€32,494
- Deferred charges and accrued income +€4,887
new in 2025: €4,887
- Other debts +€136,422
up €136,422 (+630.5%), from €21,638 to €158,060
- Reserves +€59,785
up €59,785 (+33.5%), from €178,447 to €238,232
of which Distributable reserves: +€59,785
- Tax, wage and social debts +€9,677
up €9,677 (+51.0%), from €18,970 to €28,647
of which Taxes: +€10,217
- Other operating charges -€31,569
down €31,569 (-98.2%), from €32,139 to €570
- Write-downs +€28,124
up €28,124, from -€26,021 to €2,104
- Gross operating margin +€18,555
up €18,555 (+17.1%), from €108,561 to €127,116
- Taxes +€6,519
up €6,519 (+44.6%), from €14,630 to €21,150
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 | €264,888 | €470,820 | +€205,933 | +77.7% |
| Fixed assets | 21/28 | €9,339 | €7,853 | -€1,486 | -15.9% |
| Tangible fixed assets | 22/27 | €9,339 | €7,853 | -€1,486 | -15.9% |
| Furniture and vehicles | 24 | €2,700 | €2,272 | -€428 | -15.9% |
| Other tangible fixed assets | 26 | €6,640 | €5,581 | -€1,058 | -15.9% |
| Current assets | 29/58 | €255,548 | €462,967 | +€207,419 | +81.2% |
| Amounts receivable within one year | 40/41 | €107,935 | €136,679 | +€28,744 | +26.6% |
| Trade receivables | 40 | €103,284 | €135,778 | +€32,494 | +31.5% |
| Other amounts receivable | 41 | €4,651 | €901 | -€3,750 | -80.6% |
| Cash at bank and in hand | 54/58 | €147,613 | €321,401 | +€173,788 | +117.7% |
| Deferred charges and accrued income | 490/1 | - | €4,887 | +€4,887 | |
| Total equity and liabilities | 10/49 | €264,888 | €470,820 | +€205,933 | +77.7% |
| Equity | 10/15 | €203,447 | €263,232 | +€59,785 | +29.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €178,447 | €238,232 | +€59,785 | +33.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €178,447 | €238,232 | +€59,785 | +33.5% |
| Amounts payable | 17/49 | €61,440 | €207,588 | +€146,147 | +237.9% |
| Amounts payable within one year | 42/48 | €61,186 | €207,588 | +€146,401 | +239.3% |
| Trade debts | 44 | €20,578 | €20,881 | +€303 | +1.5% |
| Suppliers | 440/4 | €20,578 | €20,881 | +€303 | +1.5% |
| Taxes, remuneration and social security | 45 | €18,970 | €28,647 | +€9,677 | +51.0% |
| Taxes | 450/3 | €15,870 | €26,087 | +€10,217 | +64.4% |
| Remuneration and social security | 454/9 | €3,100 | €2,560 | -€540 | -17.4% |
| Other amounts payable | 47/48 | €21,638 | €158,060 | +€136,422 | +630.5% |
| Accrued charges and deferred income | 492/3 | €254 | €0 | -€254 | -100.0% |
| Remuneration, social security and pensions | 62 | €40,343 | €41,035 | +€691 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,705 | €1,486 | -€219 | -12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€26,021 | €2,104 | +€28,124 | |
| Other operating charges | 640/8 | €32,139 | €570 | -€31,569 | -98.2% |
| Gross operating margin | 9900 | €108,561 | €127,116 | +€18,555 | +17.1% |
| Operating profit (loss) | 9901 | €60,394 | €81,922 | +€21,527 | +35.6% |
| Financial income | 75/76B | €641 | €322 | -€319 | -49.7% |
| Recurring financial income | 75 | €641 | €322 | -€319 | -49.7% |
| Financial charges | 65/66B | €380 | €1,309 | +€930 | +244.9% |
| Recurring financial charges | 65 | €380 | €1,309 | +€930 | +244.9% |
| Profit (loss) for the period before taxes | 9903 | €60,656 | €80,935 | +€20,279 | +33.4% |
| Income taxes | 67/77 | €14,630 | €21,150 | +€6,519 | +44.6% |
| Profit (loss) for the period | 9904 | €46,025 | €59,785 | +€13,760 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,025 | €59,785 | +€13,760 | +29.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.