DEWAELE LIEVEN: 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 LIEVEN
Largest movements
- Receivables within one year +€39,696
up €39,696 (+97.7%), from €40,640 to €80,335
of which Trade receivables: +€39,326
- Cash -€35,491
down €35,491 (-60.6%), from €58,531 to €23,041
mainly Receivables within one year (-€39,696) and Debts after one year (-€38,878)
- Intangible fixed assets -€25,000
down €25,000 (-10.3%), from €243,288 to €218,288
- Debts after one year -€38,878
down €38,878 (-18.6%), from €209,225 to €170,347
- Other debts +€13,722
up €13,722 (+20.8%), from €65,869 to €79,591
- Profit (loss) carried forward -€8,244
down €8,244 (-992%), from -€831 to -€9,075
- Trade debts +€5,633
up €5,633 (+49.5%), from €11,372 to €17,006
- Tax, wage and social debts +€4,786
up €4,786 (+23.5%), from €20,380 to €25,166
of which Remuneration and social security: +€7,164
- Gross operating margin +€127,766
up €127,766 (+237%), from €53,999 to €181,766
- Staff costs +€105,197
up €105,197 (+347%), from €30,334 to €135,531
- Write-downs +€20,559
new in 2025: €20,559
- Depreciation +€19,282
up €19,282 (+244%), from €7,893 to €27,175
- Financial charges +€2,411
up €2,411 (+74.2%), from €3,249 to €5,659
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 | €348,308 | €326,192 | -€22,117 | -6.3% |
| Fixed assets | 21/28 | €247,632 | €220,457 | -€27,175 | -11.0% |
| Intangible fixed assets | 21 | €243,288 | €218,288 | -€25,000 | -10.3% |
| Tangible fixed assets | 22/27 | €4,344 | €2,169 | -€2,175 | -50.1% |
| Furniture and vehicles | 24 | €4,344 | €2,169 | -€2,175 | -50.1% |
| Current assets | 29/58 | €100,676 | €105,735 | +€5,058 | +5.0% |
| Amounts receivable within one year | 40/41 | €40,640 | €80,335 | +€39,696 | +97.7% |
| Trade receivables | 40 | €40,481 | €79,807 | +€39,326 | +97.1% |
| Other amounts receivable | 41 | €159 | €528 | +€370 | +233% |
| Cash at bank and in hand | 54/58 | €58,531 | €23,041 | -€35,491 | -60.6% |
| Deferred charges and accrued income | 490/1 | €1,505 | €2,359 | +€854 | +56.7% |
| Total equity and liabilities | 10/49 | €348,308 | €326,192 | -€22,117 | -6.3% |
| Equity | 10/15 | €169 | -€8,075 | -€8,244 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€831 | -€9,075 | -€8,244 | -992% |
| Amounts payable | 17/49 | €348,140 | €334,267 | -€13,873 | -4.0% |
| Amounts payable after more than one year | 17 | €209,225 | €170,347 | -€38,878 | -18.6% |
| Financial debts | 170/4 | €209,225 | €170,347 | -€38,878 | -18.6% |
| Amounts payable within one year | 42/48 | €135,316 | €160,743 | +€25,426 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €37,695 | €38,878 | +€1,183 | +3.1% |
| Financial debts | 43 | - | €102 | +€102 | |
| Credit institutions | 430/8 | - | €102 | +€102 | |
| Trade debts | 44 | €11,372 | €17,006 | +€5,633 | +49.5% |
| Suppliers | 440/4 | €11,372 | €17,006 | +€5,633 | +49.5% |
| Taxes, remuneration and social security | 45 | €20,380 | €25,166 | +€4,786 | +23.5% |
| Taxes | 450/3 | €15,445 | €13,067 | -€2,378 | -15.4% |
| Remuneration and social security | 454/9 | €4,935 | €12,099 | +€7,164 | +145% |
| Other amounts payable | 47/48 | €65,869 | €79,591 | +€13,722 | +20.8% |
| Accrued charges and deferred income | 492/3 | €3,598 | €3,177 | -€421 | -11.7% |
| Remuneration, social security and pensions | 62 | €30,334 | €135,531 | +€105,197 | +347% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,893 | €27,175 | +€19,282 | +244% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,559 | +€20,559 | |
| Other operating charges | 640/8 | €1,813 | €961 | -€852 | -47.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €53,999 | €181,766 | +€127,766 | +237% |
| Operating profit (loss) | 9901 | €13,960 | -€2,461 | -€16,420 | |
| Financial income | 75/76B | €87 | €39 | -€49 | -55.8% |
| Recurring financial income | 75 | €87 | €39 | -€49 | -55.8% |
| Financial charges | 65/66B | €3,249 | €5,659 | +€2,411 | +74.2% |
| Recurring financial charges | 65 | €3,249 | €5,659 | +€2,411 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €10,798 | -€8,081 | -€18,880 | |
| Income taxes | 67/77 | €158 | €163 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €10,641 | -€8,244 | -€18,884 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,641 | -€8,244 | -€18,884 |
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 1 November 2026 via checked.be.