DEWANCKELE: what changed
Two fiscal 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.
DEWANCKELE
Largest movements
- Tangible fixed assets -€51,288
down €51,288 (-64.3%), from €79,722 to €28,435
of which Furniture and vehicles: -€30,166
- Receivables within one year +€25,493
up €25,493 (+80.3%), from €31,740 to €57,234
of which Trade receivables: +€25,493
- Tax, wage and social debts -€15,145
down €15,145 (-66.5%), from €22,762 to €7,618
of which Taxes: -€13,445
- Other debts -€9,263
down €9,263 (-85.7%), from €10,813 to €1,550
- Gross operating margin -€65,094
down €65,094 (-81.4%), from €79,968 to €14,874
- Taxes -€27,056
down €27,056 (-98.9%), from €27,362 to €307
- Depreciation -€8,188
down €8,188 (-33.3%), from €24,577 to €16,389
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.
Cash bridge derived
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 | €234,051 | €209,206 | -€24,844 | -10.6% |
| Fixed assets | 21/28 | €80,722 | €29,435 | -€51,288 | -63.5% |
| Tangible fixed assets | 22/27 | €79,722 | €28,435 | -€51,288 | -64.3% |
| Land and buildings | 22 | €20,570 | €0 | -€20,570 | -100.0% |
| Plant, machinery and equipment | 23 | €1,041 | €489 | -€552 | -53.1% |
| Furniture and vehicles | 24 | €58,112 | €27,946 | -€30,166 | -51.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €153,328 | €179,772 | +€26,443 | +17.2% |
| Amounts receivable within one year | 40/41 | €31,740 | €57,234 | +€25,493 | +80.3% |
| Trade receivables | 40 | €31,740 | €57,234 | +€25,493 | +80.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €113,037 | €115,166 | +€2,129 | +1.9% |
| Deferred charges and accrued income | 490/1 | €8,551 | €7,372 | -€1,179 | -13.8% |
| Total equity and liabilities | 10/49 | €234,051 | €209,206 | -€24,844 | -10.6% |
| Equity | 10/15 | €196,035 | €193,716 | -€2,318 | -1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €134,035 | €131,716 | -€2,318 | -1.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,000 | €13,500 | -€2,500 | -15.6% |
| Distributable reserves | 133 | €111,835 | €112,016 | +€182 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €38,016 | €15,490 | -€22,526 | -59.3% |
| Amounts payable within one year | 42/48 | €37,722 | €14,981 | -€22,741 | -60.3% |
| Trade debts | 44 | €4,147 | €5,813 | +€1,666 | +40.2% |
| Suppliers | 440/4 | €4,147 | €5,813 | +€1,666 | +40.2% |
| Taxes, remuneration and social security | 45 | €22,762 | €7,618 | -€15,145 | -66.5% |
| Taxes | 450/3 | €20,162 | €6,718 | -€13,445 | -66.7% |
| Remuneration and social security | 454/9 | €2,600 | €900 | -€1,700 | -65.4% |
| Other amounts payable | 47/48 | €10,813 | €1,550 | -€9,263 | -85.7% |
| Accrued charges and deferred income | 492/3 | €294 | €509 | +€215 | +73.2% |
| Non-recurring operating income | 76A | €0 | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,577 | €16,389 | -€8,188 | -33.3% |
| Other operating charges | 640/8 | €1,072 | €794 | -€279 | -26.0% |
| Gross operating margin | 9900 | €79,968 | €14,874 | -€65,094 | -81.4% |
| Operating profit (loss) | 9901 | €54,318 | -€2,309 | -€56,627 | |
| Financial income | 75/76B | €637 | €408 | -€229 | -36.0% |
| Recurring financial income | 75 | €389 | €408 | +€19 | +4.8% |
| Non-recurring financial income | 76B | €248 | €0 | -€248 | -100.0% |
| Financial charges | 65/66B | €215 | €110 | -€104 | -48.5% |
| Recurring financial charges | 65 | €215 | €110 | -€104 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €54,741 | -€2,012 | -€56,752 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €27,362 | €307 | -€27,056 | -98.9% |
| Profit (loss) for the period | 9904 | €27,378 | -€2,318 | -€29,696 | |
| Transfer from tax-exempt reserves | 789 | €31,782 | €2,500 | -€29,282 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,161 | €182 | -€58,979 | -99.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.