DEWARIM: 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.
DEWARIM
Largest movements
- Cash +€11,019
up €11,019 (+45.4%), from €24,286 to €35,305
mainly Net result for the year (+€10,035) and Depreciation (+€5,598)
- Tangible fixed assets -€5,049
down €5,049 (-1.8%), from €282,440 to €277,391
of which Land and buildings: -€5,525
- Receivables within one year +€4,065
up €4,065 (+22.9%), from €17,725 to €21,790
- Profit (loss) carried forward +€10,035
up €10,035 (+13.0%), from -€77,189 to -€67,154
- Gross operating margin +€6,230
up €6,230 (+64.8%), from €9,613 to €15,843
- Purchases and services -€6,226
down €6,226 (-45.0%), from €13,831 to €7,605
- Depreciation -€2,285
down €2,285 (-29.0%), from €7,883 to €5,598
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 | €324,451 | €334,486 | +€10,035 | +3.1% |
| Fixed assets | 21/28 | €282,440 | €277,391 | -€5,049 | -1.8% |
| Tangible fixed assets | 22/27 | €282,440 | €277,391 | -€5,049 | -1.8% |
| Land and buildings | 22 | €282,374 | €276,849 | -€5,525 | -2.0% |
| Plant, machinery and equipment | 23 | €66 | €542 | +€476 | +721.2% |
| Current assets | 29/58 | €42,011 | €57,095 | +€15,084 | +35.9% |
| Amounts receivable within one year | 40/41 | €17,725 | €21,790 | +€4,065 | +22.9% |
| Other amounts receivable | 41 | €17,725 | €21,790 | +€4,065 | +22.9% |
| Cash at bank and in hand | 54/58 | €24,286 | €35,305 | +€11,019 | +45.4% |
| Total equity and liabilities | 10/49 | €324,451 | €334,486 | +€10,035 | +3.1% |
| Equity | 10/15 | €251,399 | €261,434 | +€10,035 | +4.0% |
| Contributions | 10/11 | €327,219 | €327,219 | = | 0.0% |
| Capital | 10 | €327,219 | €327,219 | = | 0.0% |
| Issued capital | 100 | €327,219 | €327,219 | = | 0.0% |
| Reserves | 13 | €1,369 | €1,369 | = | 0.0% |
| Non-distributable reserves | 130/1 | €797 | €797 | = | 0.0% |
| Legal reserve | 130 | €797 | €797 | = | 0.0% |
| Tax-exempt reserves | 132 | €572 | €572 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,189 | -€67,154 | +€10,035 | +13.0% |
| Amounts payable | 17/49 | €73,052 | €73,052 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,052 | €73,052 | = | 0.0% |
| Other amounts payable | 47/48 | €73,052 | €73,052 | = | 0.0% |
| Turnover | 70 | €23,444 | €23,448 | +€4 | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,831 | €7,605 | -€6,226 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,883 | €5,598 | -€2,285 | -29.0% |
| Other operating charges | 640/8 | €208 | €210 | +€2 | +1.0% |
| Gross operating margin | 9900 | €9,613 | €15,843 | +€6,230 | +64.8% |
| Operating profit (loss) | 9901 | €1,522 | €10,035 | +€8,513 | +559.3% |
| Profit (loss) for the period before taxes | 9903 | €1,522 | €10,035 | +€8,513 | +559.3% |
| Profit (loss) for the period | 9904 | €1,522 | €10,035 | +€8,513 | +559.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,522 | €10,035 | +€8,513 | +559.3% |
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 30 September 2026 via checked.be.