DEWARENT: 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.
DEWARENT
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+34.2%), from €3.1m to €4.2m
of which Land and buildings: +€1.1m
- Cash -€129,864
down €129,864 (-60.9%), from €213,239 to €83,375
mainly Investment in fixed assets (net) (-€1.4m) and Other debts (-€113,000)
- Debts after one year +€1.3m
up €1.3m (+83.4%), from €1.5m to €2.8m
- Other debts -€113,000
down €113,000 (-17.9%), from €630,300 to €517,300
- Profit (loss) carried forward -€110,474
down €110,474 (-172.0%), from -€64,247 to -€174,721
- Provisions -€76,090
down €76,090 (-100.0%), from €76,090 to €0
- Financial charges +€20,481
up €20,481 (+96.1%), from €21,304 to €41,785
- Gross operating margin -€9,054
down €9,054 (-3.2%), from €279,377 to €270,323
- Financial income -€7,549
down €7,549 (-69.2%), from €10,902 to €3,353
- Depreciation +€6,423
up €6,423 (+2.3%), from €276,967 to €283,390
- Other operating charges +€5,948
up €5,948 (+11.4%), from €51,947 to €57,894
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 | €3,366,972 | €4,309,673 | +€942,701 | +28.0% |
| Fixed assets | 21/28 | €3,148,410 | €4,224,070 | +€1.1m | +34.2% |
| Tangible fixed assets | 22/27 | €3,148,410 | €4,224,070 | +€1.1m | +34.2% |
| Land and buildings | 22 | €3,052,698 | €4,161,866 | +€1.1m | +36.3% |
| Plant, machinery and equipment | 23 | €47,429 | €32,407 | -€15,022 | -31.7% |
| Furniture and vehicles | 24 | €48,284 | €29,797 | -€18,487 | -38.3% |
| Current assets | 29/58 | €218,562 | €85,603 | -€132,959 | -60.8% |
| Amounts receivable within one year | 40/41 | €3,775 | €634 | -€3,141 | -83.2% |
| Trade receivables | 40 | €1,661 | €634 | -€1,027 | -61.8% |
| Other amounts receivable | 41 | €2,114 | €0 | -€2,114 | -100.0% |
| Cash at bank and in hand | 54/58 | €213,239 | €83,375 | -€129,864 | -60.9% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,595 | +€46 | +3.0% |
| Total equity and liabilities | 10/49 | €3,366,972 | €4,309,673 | +€942,701 | +28.0% |
| Equity | 10/15 | €1,094,815 | €984,340 | -€110,474 | -10.1% |
| Contributions | 10/11 | €744,000 | €744,000 | = | 0.0% |
| Capital | 10 | €744,000 | €744,000 | = | 0.0% |
| Issued capital | 100 | €744,000 | €744,000 | = | 0.0% |
| Reserves | 13 | €415,061 | €415,061 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74,400 | €74,400 | = | 0.0% |
| Legal reserve | 130 | €74,400 | €74,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €340,661 | €340,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,247 | -€174,721 | -€110,474 | -172.0% |
| Provisions and deferred taxes | 16 | €76,090 | €0 | -€76,090 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €76,090 | €0 | -€76,090 | -100.0% |
| Other liabilities and charges | 164/5 | €76,090 | €0 | -€76,090 | -100.0% |
| Amounts payable | 17/49 | €2,196,067 | €3,325,333 | +€1.1m | +51.4% |
| Amounts payable after more than one year | 17 | €1,510,000 | €2,770,000 | +€1.3m | +83.4% |
| Financial debts | 170/4 | €1,510,000 | €2,770,000 | +€1.3m | +83.4% |
| Amounts payable within one year | 42/48 | €686,067 | €555,333 | -€130,734 | -19.1% |
| Trade debts | 44 | €37,032 | €30,591 | -€6,440 | -17.4% |
| Suppliers | 440/4 | €37,032 | €30,591 | -€6,440 | -17.4% |
| Taxes, remuneration and social security | 45 | €18,735 | €7,441 | -€11,294 | -60.3% |
| Taxes | 450/3 | - | €7,441 | +€7,441 | |
| Remuneration and social security | 454/9 | €18,735 | - | -€18,735 | |
| Other amounts payable | 47/48 | €630,300 | €517,300 | -€113,000 | -17.9% |
| Non-recurring operating income | 76A | - | €142,412 | +€142,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,967 | €283,390 | +€6,423 | +2.3% |
| Other operating charges | 640/8 | €51,947 | €57,894 | +€5,948 | +11.4% |
| Non-recurring operating charges | 66A | €3,346 | €0 | -€3,346 | -100.0% |
| Gross operating margin | 9900 | €279,377 | €270,323 | -€9,054 | -3.2% |
| Operating profit (loss) | 9901 | -€52,883 | -€70,962 | -€18,078 | -34.2% |
| Financial income | 75/76B | €10,902 | €3,353 | -€7,549 | -69.2% |
| Recurring financial income | 75 | €10,902 | €3,353 | -€7,549 | -69.2% |
| Financial charges | 65/66B | €21,304 | €41,785 | +€20,481 | +96.1% |
| Recurring financial charges | 65 | €21,304 | €41,785 | +€20,481 | +96.1% |
| Profit (loss) for the period before taxes | 9903 | -€63,286 | -€109,394 | -€46,108 | -72.9% |
| Income taxes | 67/77 | €1,079 | €1,081 | +€1 | +0.1% |
| Profit (loss) for the period | 9904 | -€64,365 | -€110,474 | -€46,109 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,365 | -€110,474 | -€46,109 | -71.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.