DEWAHOUT: what changed
What changed
DEWAHOUT
NACE 46.832, Wholesale of timber
filed annual accounts (NBB)
Net result for the year
€479,453
2025 · €177,008+€302,445
Equity
€7.4m
2025 · €7.0m+€479,453
Cash
€267,138
2025 · €433,412-€166,274
Balance sheet total
€11.6m
2025 · €10.9m+€686,661
Largest movements
Assets
- Stocks and contracts +€894,190
up €894,190 (+20.5%), from €4.4m to €5.3m
- Cash -€166,274
down €166,274 (-38.4%), from €433,412 to €267,138
mainly Stocks and contracts (-€894,190) and Investment in fixed assets (net) (-€718,347)
- Receivables within one year -€131,741
down €131,741 (-3.8%), from €3.4m to €3.3m
of which Trade receivables: -€101,741
- Intangible fixed assets +€117,806
up €117,806 (+406%), from €29,000 to €146,806
Equity and liabilities
- Reserves +€479,826
up €479,826 (+7.3%), from €6.5m to €7.0m
of which Distributable reserves: +€502,000
- Trade debts +€427,602
up €427,602 (+34.0%), from €1.3m to €1.7m
- Other debts +€329,513
up €329,513 (+672%), from €49,005 to €378,518
- Short-term financial debts -€300,536
down €300,536 (-42.9%), from €701,309 to €400,773
- Tax, wage and social debts -€178,408
down €178,408 (-28.8%), from €619,281 to €440,873
of which Remuneration and social security: -€93,942
Income statement
- Write-downs -€386,149
down €386,149, from €251,925 to -€134,224
- Goods and materials +€246,980
up €246,980 (+1.5%), from €16.2m to €16.4m
of which Purchases: +€624,489
Change in the result, 2025 to 2026
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 2025
€177,008
Turnover
-€124,631
Other operating income
+€112,004
Goods and materials
-€246,980
Services and other goods
-€58,260
Staff costs
+€177,514
Depreciation
-€59,759
Write-downs
+€386,149
Other operating charges
+€42,805
Other operating items
+€450
Financial income
-€28,317
Financial charges
+€11,325
Other financial items
+€1
Taxes
+€90,143
Result 2026
€479,453
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€932,860
Investment
-€718,347
Financing
-€380,786
Cash 2025
€433,412
From operations (derived)
+€932,860
Net result for the year
+€479,453
Depreciation
+€589,332
Stocks and contracts
-€894,190
Receivables within one year
+€131,741
Deferred charges and accrued income
+€38,528
Provisions
-€7,391
Trade debts
+€427,602
Tax, wage and social debts
-€178,408
Other debts
+€329,513
Accrued charges and deferred income
+€16,680
Investment (derived)
-€718,347
Investment in fixed assets (net)
-€718,347
Financing
-€380,786
Debts after one year
-€80,758
Current portion of long-term debt
+€507
Short-term financial debts
-€300,536
Contributions, distributions and other
+€1
Cash 2026
€267,138
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,886,807 | €11,573,468 | +€686,661 | +6.3% |
| Fixed assets | 21/28 | €2,563,742 | €2,692,757 | +€129,015 | +5.0% |
| Intangible fixed assets | 21 | €29,000 | €146,806 | +€117,806 | +406% |
| Tangible fixed assets | 22/27 | €2,534,742 | €2,545,951 | +€11,209 | +0.4% |
| Land and buildings | 22 | €3,018 | €2,559 | -€459 | -15.2% |
| Plant, machinery and equipment | 23 | €1,535,773 | €1,716,294 | +€180,521 | +11.8% |
| Furniture and vehicles | 24 | €186,919 | €162,537 | -€24,382 | -13.0% |
| Other tangible fixed assets | 26 | €809,032 | €664,561 | -€144,471 | -17.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €8,323,065 | €8,880,711 | +€557,646 | +6.7% |
| Stocks and contracts in progress | 3 | €4,371,577 | €5,265,767 | +€894,190 | +20.5% |
| Stocks | 30/36 | €4,371,577 | €5,265,767 | +€894,190 | +20.5% |
| Raw materials and consumables | 30/31 | €5,810 | €0 | -€5,810 | -100% |
| Goods purchased for resale | 34 | €4,365,767 | €5,265,767 | +€900,000 | +20.6% |
| Amounts receivable within one year | 40/41 | €3,439,645 | €3,307,904 | -€131,741 | -3.8% |
| Trade receivables | 40 | €3,214,645 | €3,112,904 | -€101,741 | -3.2% |
| Other amounts receivable | 41 | €225,000 | €195,000 | -€30,000 | -13.3% |
| Cash at bank and in hand | 54/58 | €433,412 | €267,138 | -€166,274 | -38.4% |
| Deferred charges and accrued income | 490/1 | €78,430 | €39,902 | -€38,528 | -49.1% |
| Total equity and liabilities | 10/49 | €10,886,807 | €11,573,468 | +€686,661 | +6.3% |
| Equity | 10/15 | €6,962,575 | €7,442,028 | +€479,453 | +6.9% |
| Contributions | 10/11 | €416,187 | €416,187 | +€0 | 0.0% |
| Capital | 10 | €416,187 | €416,187 | +€0 | 0.0% |
| Issued capital | 100 | €416,187 | €416,187 | +€0 | 0.0% |
| Reserves | 13 | €6,545,827 | €7,025,653 | +€479,826 | +7.3% |
| Non-distributable reserves | 130/1 | €41,619 | €41,619 | -€0 | 0.0% |
| Legal reserve | 130 | €41,619 | €41,619 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €52,209 | €30,034 | -€22,175 | -42.5% |
| Distributable reserves | 133 | €6,452,000 | €6,954,000 | +€502,000 | +7.8% |
| Profit (loss) carried forward | 14 | €560 | €189 | -€371 | -66.3% |
| Provisions and deferred taxes | 16 | €8,886 | €1,495 | -€7,391 | -83.2% |
| Deferred taxes | 168 | €8,886 | €1,495 | -€7,391 | -83.2% |
| Amounts payable | 17/49 | €3,915,346 | €4,129,945 | +€214,599 | +5.5% |
| Amounts payable after more than one year | 17 | €1,185,806 | €1,105,048 | -€80,758 | -6.8% |
| Financial debts | 170/4 | €53,636 | €22,877 | -€30,759 | -57.3% |
| Credit institutions | 173 | €53,636 | €22,877 | -€30,759 | -57.3% |
| Other amounts payable | 178/9 | €1,132,170 | €1,082,170 | -€50,000 | -4.4% |
| Amounts payable within one year | 42/48 | €2,658,844 | €2,937,522 | +€278,678 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €30,251 | €30,758 | +€507 | +1.7% |
| Financial debts | 43 | €701,309 | €400,773 | -€300,536 | -42.9% |
| Credit institutions | 430/8 | €701,309 | €400,773 | -€300,536 | -42.9% |
| Trade debts | 44 | €1,258,998 | €1,686,600 | +€427,602 | +34.0% |
| Suppliers | 440/4 | €1,258,998 | €1,686,600 | +€427,602 | +34.0% |
| Taxes, remuneration and social security | 45 | €619,281 | €440,873 | -€178,408 | -28.8% |
| Taxes | 450/3 | €259,671 | €175,205 | -€84,466 | -32.5% |
| Remuneration and social security | 454/9 | €359,609 | €265,667 | -€93,942 | -26.1% |
| Other amounts payable | 47/48 | €49,005 | €378,518 | +€329,513 | +672% |
| Accrued charges and deferred income | 492/3 | €70,696 | €87,376 | +€16,680 | +23.6% |
| Operating income | 70/76A | €22,115,958 | €22,103,782 | -€12,176 | -0.1% |
| Turnover | 70 | €21,972,804 | €21,848,173 | -€124,631 | -0.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€450 | €0 | +€450 | |
| Other operating income | 74 | €143,604 | €255,608 | +€112,004 | +78.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €21,828,786 | €21,587,317 | -€241,469 | -1.1% |
| Goods for resale, raw materials and consumables | 60 | €16,179,471 | €16,426,451 | +€246,980 | +1.5% |
| Purchases | 600/8 | €16,696,152 | €17,320,641 | +€624,489 | +3.7% |
| Change in stocks: decrease (increase) | 609 | -€516,682 | -€894,190 | -€377,508 | -73.1% |
| Services and other goods | 61 | €2,722,445 | €2,780,705 | +€58,260 | +2.1% |
| Remuneration, social security and pensions | 62 | €2,029,732 | €1,852,218 | -€177,514 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529,573 | €589,332 | +€59,759 | +11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €251,925 | -€134,224 | -€386,149 | |
| Other operating charges | 640/8 | €115,640 | €72,835 | -€42,805 | -37.0% |
| Operating profit (loss) | 9901 | €287,172 | €516,465 | +€229,293 | +79.8% |
| Financial income | 75/76B | €263,446 | €235,129 | -€28,317 | -10.7% |
| Recurring financial income | 75 | €263,446 | €235,129 | -€28,317 | -10.7% |
| Income from current assets | 751 | €4,768 | €9,588 | +€4,820 | +101% |
| Other financial income | 752/9 | €258,677 | €225,542 | -€33,135 | -12.8% |
| Financial charges | 65/66B | €187,000 | €175,675 | -€11,325 | -6.1% |
| Recurring financial charges | 65 | €187,000 | €175,675 | -€11,325 | -6.1% |
| Debt charges | 650 | €75,022 | €37,290 | -€37,732 | -50.3% |
| Other financial charges | 652/9 | €111,978 | €138,386 | +€26,408 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €363,617 | €575,918 | +€212,301 | +58.4% |
| Transfer from deferred taxes | 780 | €7,392 | €7,392 | -€0 | 0.0% |
| Income taxes | 67/77 | €194,000 | €103,857 | -€90,143 | -46.5% |
| Taxes | 670/3 | €200,000 | €105,000 | -€95,000 | -47.5% |
| Tax adjustments and reversals of tax provisions | 77 | €6,000 | €1,143 | -€4,857 | -80.9% |
| Profit (loss) for the period | 9904 | €177,008 | €479,453 | +€302,445 | +171% |
| Transfer from tax-exempt reserves | 789 | €22,175 | €22,175 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €199,183 | €501,628 | +€302,445 | +152% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.