DEWAELE ANDRE: 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 ANDRE
Largest movements
- Receivables within one year +€112,154
up €112,154 (+32.0%), from €350,846 to €463,000
of which Trade receivables: +€112,114
- Deferred charges and accrued income -€38,036
down €38,036 (-54.7%), from €69,476 to €31,440
- Other debts +€81,725
up €81,725 (+2,923%), from €2,796 to €84,521
- Tax, wage and social debts +€42,115
up €42,115 (+77.5%), from €54,312 to €96,427
of which Taxes: +€28,168
- Reserves -€32,509
down €32,509 (-6.4%), from €507,870 to €475,361
of which Distributable reserves: -€32,509
- Gross operating margin +€214,792
up €214,792 (+43.8%), from €489,862 to €704,654
- Staff costs +€95,181
up €95,181 (+102%), from €93,508 to €188,689
- Taxes +€35,780
up €35,780 (+175%), from €20,473 to €56,253
- Other operating charges +€15,821
up €15,821 (+22.3%), from €71,016 to €86,836
- Depreciation -€11,405
down €11,405 (-5.3%), from €215,862 to €204,457
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 | €1,876,365 | €1,937,553 | +€61,188 | +3.3% |
| Fixed assets | 21/28 | €1,389,029 | €1,371,072 | -€17,957 | -1.3% |
| Tangible fixed assets | 22/27 | €1,380,839 | €1,362,882 | -€17,957 | -1.3% |
| Land and buildings | 22 | €888,562 | €815,932 | -€72,630 | -8.2% |
| Plant, machinery and equipment | 23 | €32,553 | €22,425 | -€10,127 | -31.1% |
| Furniture and vehicles | 24 | €459,724 | €524,525 | +€64,801 | +14.1% |
| Financial fixed assets | 28 | €8,190 | €8,190 | = | 0.0% |
| Current assets | 29/58 | €487,336 | €566,481 | +€79,145 | +16.2% |
| Stocks and contracts in progress | 3 | €28,224 | €23,434 | -€4,790 | -17.0% |
| Stocks | 30/36 | €28,224 | €23,434 | -€4,790 | -17.0% |
| Amounts receivable within one year | 40/41 | €350,846 | €463,000 | +€112,154 | +32.0% |
| Trade receivables | 40 | €350,688 | €462,802 | +€112,114 | +32.0% |
| Other amounts receivable | 41 | €158 | €198 | +€41 | +25.8% |
| Cash at bank and in hand | 54/58 | €38,790 | €48,607 | +€9,817 | +25.3% |
| Deferred charges and accrued income | 490/1 | €69,476 | €31,440 | -€38,036 | -54.7% |
| Total equity and liabilities | 10/49 | €1,876,365 | €1,937,553 | +€61,188 | +3.3% |
| Equity | 10/15 | €768,270 | €735,761 | -€32,509 | -4.2% |
| Contributions | 10/11 | €260,400 | €260,400 | = | 0.0% |
| Reserves | 13 | €507,870 | €475,361 | -€32,509 | -6.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €507,870 | €475,361 | -€32,509 | -6.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,108,095 | €1,201,792 | +€93,697 | +8.5% |
| Amounts payable after more than one year | 17 | €799,224 | €786,133 | -€13,091 | -1.6% |
| Financial debts | 170/4 | €595,171 | €496,819 | -€98,352 | -16.5% |
| Other amounts payable | 178/9 | €204,053 | €289,314 | +€85,261 | +41.8% |
| Amounts payable within one year | 42/48 | €305,435 | €411,367 | +€105,931 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €176,019 | €176,351 | +€332 | +0.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €72,308 | €54,067 | -€18,241 | -25.2% |
| Suppliers | 440/4 | €72,308 | €54,067 | -€18,241 | -25.2% |
| Taxes, remuneration and social security | 45 | €54,312 | €96,427 | +€42,115 | +77.5% |
| Taxes | 450/3 | €45,782 | €73,951 | +€28,168 | +61.5% |
| Remuneration and social security | 454/9 | €8,530 | €22,476 | +€13,946 | +163% |
| Other amounts payable | 47/48 | €2,796 | €84,521 | +€81,725 | +2,923% |
| Accrued charges and deferred income | 492/3 | €3,435 | €4,292 | +€857 | +24.9% |
| Non-recurring operating income | 76A | €2,847 | €11,000 | +€8,153 | +286% |
| Remuneration, social security and pensions | 62 | €93,508 | €188,689 | +€95,181 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215,862 | €204,457 | -€11,405 | -5.3% |
| Other operating charges | 640/8 | €71,016 | €86,836 | +€15,821 | +22.3% |
| Gross operating margin | 9900 | €489,862 | €704,654 | +€214,792 | +43.8% |
| Operating profit (loss) | 9901 | €109,477 | €224,672 | +€115,195 | +105% |
| Financial income | 75/76B | €4,098 | €4,276 | +€178 | +4.3% |
| Recurring financial income | 75 | €4,098 | €4,276 | +€178 | +4.3% |
| Financial charges | 65/66B | €30,916 | €33,664 | +€2,748 | +8.9% |
| Recurring financial charges | 65 | €30,916 | €33,664 | +€2,748 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €82,659 | €195,284 | +€112,625 | +136% |
| Income taxes | 67/77 | €20,473 | €56,253 | +€35,780 | +175% |
| Profit (loss) for the period | 9904 | €62,185 | €139,030 | +€76,845 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €62,185 | €139,030 | +€76,845 | +124% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.