DEWAELE AGRO: 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.
DEWAELE AGRO
Largest movements
- Receivables within one year +€214,695
up €214,695 (+1,140%), from €18,829 to €233,523
of which Trade receivables: +€212,965
- Stocks and contracts -€117,790
down €117,790 (-52.7%), from €223,401 to €105,611
- Tangible fixed assets -€71,236
down €71,236 (-5.1%), from €1.4m to €1.3m
of which Land and buildings: -€50,375
- Cash -€19,457
down €19,457 (-43.2%), from €45,053 to €25,596
mainly Receivables within one year (-€214,695) and Short-term financial debts (-€175,000)
- Reserves +€199,049
up €199,049 (+75.4%), from €264,108 to €463,157
- Short-term financial debts -€175,000
down €175,000 (-100%), from €175,000 to €0
- Debts after one year -€91,575
down €91,575 (-12.6%), from €729,427 to €637,851
of which Financial debts: -€94,000
- Tax, wage and social debts +€60,398
up €60,398 (+857%), from €7,048 to €67,446
- Trade debts +€46,955
up €46,955 (+24.5%), from €191,543 to €238,498
- Gross operating margin +€235,676
up €235,676 (+117%), from €200,833 to €436,509
- Taxes +€76,147
up €76,147 (+602%), from €12,650 to €88,797
- Financial charges -€9,480
down €9,480 (-26.6%), from €35,585 to €26,105
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 | €1,698,584 | €1,702,366 | +€3,782 | +0.2% |
| Fixed assets | 21/28 | €1,401,071 | €1,329,836 | -€71,236 | -5.1% |
| Tangible fixed assets | 22/27 | €1,401,071 | €1,329,836 | -€71,236 | -5.1% |
| Land and buildings | 22 | €1,354,507 | €1,304,133 | -€50,375 | -3.7% |
| Plant, machinery and equipment | 23 | €46,564 | €25,703 | -€20,861 | -44.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €297,513 | €372,531 | +€75,018 | +25.2% |
| Stocks and contracts in progress | 3 | €223,401 | €105,611 | -€117,790 | -52.7% |
| Stocks | 30/36 | €223,401 | €105,611 | -€117,790 | -52.7% |
| Amounts receivable within one year | 40/41 | €18,829 | €233,523 | +€214,695 | +1,140% |
| Trade receivables | 40 | €7,767 | €220,732 | +€212,965 | +2,742% |
| Other amounts receivable | 41 | €11,061 | €12,791 | +€1,730 | +15.6% |
| Cash at bank and in hand | 54/58 | €45,053 | €25,596 | -€19,457 | -43.2% |
| Deferred charges and accrued income | 490/1 | €10,230 | €7,800 | -€2,430 | -23.8% |
| Total equity and liabilities | 10/49 | €1,698,584 | €1,702,366 | +€3,782 | +0.2% |
| Equity | 10/15 | €464,108 | €663,157 | +€199,049 | +42.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €264,108 | €463,157 | +€199,049 | +75.4% |
| Distributable reserves | 133 | €264,108 | €463,157 | +€199,049 | +75.4% |
| Amounts payable | 17/49 | €1,234,476 | €1,039,209 | -€195,267 | -15.8% |
| Amounts payable after more than one year | 17 | €729,427 | €637,851 | -€91,575 | -12.6% |
| Financial debts | 170/4 | €591,040 | €497,040 | -€94,000 | -15.9% |
| Other amounts payable | 178/9 | €138,386 | €140,811 | +€2,425 | +1.8% |
| Amounts payable within one year | 42/48 | €499,479 | €401,357 | -€98,122 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €121,700 | €94,000 | -€27,700 | -22.8% |
| Financial debts | 43 | €175,000 | €0 | -€175,000 | -100% |
| Credit institutions | 430/8 | €175,000 | €0 | -€175,000 | -100% |
| Trade debts | 44 | €191,543 | €238,498 | +€46,955 | +24.5% |
| Suppliers | 440/4 | €191,543 | €238,498 | +€46,955 | +24.5% |
| Taxes, remuneration and social security | 45 | €7,048 | €67,446 | +€60,398 | +857% |
| Taxes | 450/3 | €7,048 | €67,446 | +€60,398 | +857% |
| Other amounts payable | 47/48 | €4,188 | €1,412 | -€2,775 | -66.3% |
| Accrued charges and deferred income | 492/3 | €5,570 | €0 | -€5,570 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,865 | €106,047 | +€182 | +0.2% |
| Other operating charges | 640/8 | €13,987 | €16,633 | +€2,646 | +18.9% |
| Gross operating margin | 9900 | €200,833 | €436,509 | +€235,676 | +117% |
| Operating profit (loss) | 9901 | €80,981 | €313,830 | +€232,848 | +288% |
| Financial income | 75/76B | €0 | €121 | +€121 | +1,209,000% |
| Recurring financial income | 75 | €0 | €121 | +€121 | +1,209,000% |
| Financial charges | 65/66B | €35,585 | €26,105 | -€9,480 | -26.6% |
| Recurring financial charges | 65 | €35,585 | €26,105 | -€9,480 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €45,396 | €287,846 | +€242,450 | +534% |
| Income taxes | 67/77 | €12,650 | €88,797 | +€76,147 | +602% |
| Profit (loss) for the period | 9904 | €32,747 | €199,049 | +€166,302 | +508% |
| Profit (loss) for the period to be appropriated | 9905 | €32,747 | €199,049 | +€166,302 | +508% |
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 20 October 2026 via checked.be.