Dewaele A.: what changed
What changed
Dewaele A.
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€5,261
2024 · -€6,267+€11,528
Equity
€156,363
2024 · €151,101+€5,262
Cash
€145,726
2024 · €144,397+€1,329
Balance sheet total
€692,981
2024 · €644,649+€48,332
Largest movements
Assets
- Tangible fixed assets +€71,331
up €71,331 (+61.2%), from €116,465 to €187,796
of which Furniture and vehicles: +€81,392
- Receivables within one year -€58,526
down €58,526 (-34.1%), from €171,484 to €112,958
of which Trade receivables: -€30,372
- Stocks and contracts +€25,514
up €25,514 (+12.0%), from €211,863 to €237,377
of which Contracts in progress: +€26,842
- Deferred charges and accrued income +€8,683
up €8,683 (+1,973%), from €440 to €9,123
Equity and liabilities
- Short-term financial debts +€291,761
new in 2025: €291,761
- Trade debts -€167,767
down €167,767 (-65.4%), from €256,485 to €88,718
- Current portion of long-term debt -€166,510
down €166,510 (-87.1%), from €191,219 to €24,709
- Advances received +€63,000
new in 2025: €63,000
- Debts after one year +€23,355
up €23,355 (+64.1%), from €36,434 to €59,789
Income statement
- Gross operating margin +€90,527
up €90,527 (+30.1%), from €301,073 to €391,600
- Staff costs +€59,970
up €59,970 (+25.1%), from €238,618 to €298,588
- Other operating charges +€8,801
new in 2025: €8,801
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€6,267
Gross operating margin
+€90,527
Staff costs
-€59,970
Depreciation
+€684
Other operating charges
-€8,801
Other operating items
-€13,502
Financial income
+€2,858
Financial charges
-€1,827
Taxes
+€1,559
Result 2025
€5,261
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€54,269
Investment
-€93,009
Financing
+€148,607
Cash 2024
€144,397
From operations (derived)
-€54,269
Net result for the year
+€5,261
Depreciation
+€21,677
Stocks and contracts
-€25,514
Receivables within one year
+€58,526
Deferred charges and accrued income
-€8,683
Trade debts
-€167,767
Tax, wage and social debts
-€769
Advances received
+€63,000
Investment (derived)
-€93,009
Investment in fixed assets (net)
-€93,009
Financing
+€148,607
Debts after one year
+€23,355
Current portion of long-term debt
-€166,510
Short-term financial debts
+€291,761
Contributions, distributions and other
+€1
Cash 2025
€145,726
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644,649 | €692,981 | +€48,332 | +7.5% |
| Fixed assets | 21/28 | €116,465 | €187,796 | +€71,331 | +61.2% |
| Tangible fixed assets | 22/27 | €116,465 | €187,796 | +€71,331 | +61.2% |
| Land and buildings | 22 | €35,645 | €31,885 | -€3,760 | -10.5% |
| Plant, machinery and equipment | 23 | €37,964 | €31,663 | -€6,301 | -16.6% |
| Furniture and vehicles | 24 | €42,856 | €124,248 | +€81,392 | +190% |
| Current assets | 29/58 | €528,184 | €505,185 | -€22,999 | -4.4% |
| Stocks and contracts in progress | 3 | €211,863 | €237,377 | +€25,514 | +12.0% |
| Stocks | 30/36 | €112,705 | €111,377 | -€1,328 | -1.2% |
| Contracts in progress | 37 | €99,158 | €126,000 | +€26,842 | +27.1% |
| Amounts receivable within one year | 40/41 | €171,484 | €112,958 | -€58,526 | -34.1% |
| Trade receivables | 40 | €63,568 | €33,196 | -€30,372 | -47.8% |
| Other amounts receivable | 41 | €107,916 | €79,762 | -€28,154 | -26.1% |
| Cash at bank and in hand | 54/58 | €144,397 | €145,726 | +€1,329 | +0.9% |
| Deferred charges and accrued income | 490/1 | €440 | €9,123 | +€8,683 | +1,973% |
| Total equity and liabilities | 10/49 | €644,649 | €692,981 | +€48,332 | +7.5% |
| Equity | 10/15 | €151,101 | €156,363 | +€5,262 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €129,009 | €129,009 | +€0 | 0.0% |
| Distributable reserves | 133 | €129,009 | €129,009 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €9,692 | €14,954 | +€5,262 | +54.3% |
| Amounts payable | 17/49 | €493,548 | €536,618 | +€43,070 | +8.7% |
| Amounts payable after more than one year | 17 | €36,434 | €59,789 | +€23,355 | +64.1% |
| Financial debts | 170/4 | €36,434 | €59,789 | +€23,355 | +64.1% |
| Amounts payable within one year | 42/48 | €457,114 | €476,829 | +€19,715 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €191,219 | €24,709 | -€166,510 | -87.1% |
| Financial debts | 43 | - | €291,761 | +€291,761 | |
| Credit institutions | 430/8 | - | €291,761 | +€291,761 | |
| Trade debts | 44 | €256,485 | €88,718 | -€167,767 | -65.4% |
| Suppliers | 440/4 | €256,485 | €88,718 | -€167,767 | -65.4% |
| Advances received on contracts in progress | 46 | - | €63,000 | +€63,000 | |
| Taxes, remuneration and social security | 45 | €9,410 | €8,641 | -€769 | -8.2% |
| Taxes | 450/3 | €202 | €0 | -€202 | -100% |
| Remuneration and social security | 454/9 | €9,208 | €8,641 | -€567 | -6.2% |
| Remuneration, social security and pensions | 62 | €238,618 | €298,588 | +€59,970 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,361 | €21,677 | -€684 | -3.1% |
| Other operating charges | 640/8 | - | €8,801 | +€8,801 | |
| Non-recurring operating charges | 66A | €15,117 | €28,619 | +€13,502 | +89.3% |
| Gross operating margin | 9900 | €301,073 | €391,600 | +€90,527 | +30.1% |
| Operating profit (loss) | 9901 | €24,977 | €33,915 | +€8,938 | +35.8% |
| Financial income | 75/76B | €50 | €2,908 | +€2,858 | +5,716% |
| Recurring financial income | 75 | €50 | €2,908 | +€2,858 | +5,716% |
| Financial charges | 65/66B | €21,258 | €23,085 | +€1,827 | +8.6% |
| Recurring financial charges | 65 | €21,258 | €23,085 | +€1,827 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €3,769 | €13,738 | +€9,969 | +265% |
| Income taxes | 67/77 | €10,036 | €8,477 | -€1,559 | -15.5% |
| Profit (loss) for the period | 9904 | -€6,267 | €5,261 | +€11,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,267 | €5,261 | +€11,528 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.