Dewaro Consult: 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.
Dewaro Consult
Largest movements
- Tangible fixed assets +€32,433
up €32,433 (+1507.4%), from €2,152 to €34,585
of which Other tangible fixed assets: +€26,941
- Cash -€14,293
down €14,293 (-51.3%), from €27,885 to €13,592
mainly Investment in fixed assets (net) (-€33,623) and Receivables within one year (-€7,949)
- Receivables within one year +€7,949
up €7,949 (+871.7%), from €912 to €8,861
of which Trade receivables: +€4,849
- Deferred charges and accrued income +€3,209
new in 2025: €3,209
- Other debts +€27,419
up €27,419, from €0 to €27,419
- Current portion of long-term debt +€3,135
new in 2025: €3,135
- Reserves -€2,058
down €2,058 (-11.3%), from €18,198 to €16,139
- Debts after one year +€1,698
new in 2025: €1,698
- Tax, wage and social debts -€1,697
down €1,697 (-25.8%), from €6,572 to €4,874
- Gross operating margin -€14,982
down €14,982 (-72.0%), from €20,810 to €5,828
- Taxes -€3,944
down €3,944 (-90.3%), from €4,369 to €425
- Financial charges +€3,456
up €3,456 (+135.1%), from €2,558 to €6,014
- Depreciation +€651
up €651 (+121.0%), from €538 to €1,190
- Other operating charges +€288
new in 2025: €288
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 | €30,948 | €60,247 | +€29,299 | +94.7% |
| Fixed assets | 21/28 | €2,152 | €34,585 | +€32,433 | +1507.4% |
| Tangible fixed assets | 22/27 | €2,152 | €34,585 | +€32,433 | +1507.4% |
| Furniture and vehicles | 24 | €839 | €520 | -€319 | -38.0% |
| Leasing and similar rights | 25 | - | €5,812 | +€5,812 | |
| Other tangible fixed assets | 26 | €1,313 | €28,254 | +€26,941 | +2051.6% |
| Current assets | 29/58 | €28,796 | €25,662 | -€3,135 | -10.9% |
| Amounts receivable within one year | 40/41 | €912 | €8,861 | +€7,949 | +871.7% |
| Trade receivables | 40 | - | €4,849 | +€4,849 | |
| Other amounts receivable | 41 | €912 | €4,012 | +€3,100 | +340.0% |
| Cash at bank and in hand | 54/58 | €27,885 | €13,592 | -€14,293 | -51.3% |
| Deferred charges and accrued income | 490/1 | - | €3,209 | +€3,209 | |
| Total equity and liabilities | 10/49 | €30,948 | €60,247 | +€29,299 | +94.7% |
| Equity | 10/15 | €23,198 | €21,139 | -€2,058 | -8.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,198 | €16,139 | -€2,058 | -11.3% |
| Distributable reserves | 133 | €18,198 | €16,139 | -€2,058 | -11.3% |
| Amounts payable | 17/49 | €7,750 | €39,108 | +€31,357 | +404.6% |
| Amounts payable after more than one year | 17 | - | €1,698 | +€1,698 | |
| Financial debts | 170/4 | - | €1,698 | +€1,698 | |
| Amounts payable within one year | 42/48 | €7,540 | €37,410 | +€29,870 | +396.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,135 | +€3,135 | |
| Trade debts | 44 | €968 | €1,981 | +€1,014 | +104.7% |
| Suppliers | 440/4 | €968 | €1,981 | +€1,014 | +104.7% |
| Taxes, remuneration and social security | 45 | €6,572 | €4,874 | -€1,697 | -25.8% |
| Taxes | 450/3 | €6,572 | €4,874 | -€1,697 | -25.8% |
| Other amounts payable | 47/48 | €0 | €27,419 | +€27,419 | |
| Accrued charges and deferred income | 492/3 | €211 | €0 | -€211 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €1,190 | +€651 | +121.0% |
| Other operating charges | 640/8 | - | €288 | +€288 | |
| Gross operating margin | 9900 | €20,810 | €5,828 | -€14,982 | -72.0% |
| Operating profit (loss) | 9901 | €20,272 | €4,351 | -€15,921 | -78.5% |
| Financial income | 75/76B | €141 | €30 | -€111 | -78.6% |
| Recurring financial income | 75 | €141 | €30 | -€111 | -78.6% |
| Financial charges | 65/66B | €2,558 | €6,014 | +€3,456 | +135.1% |
| Recurring financial charges | 65 | €2,558 | €6,014 | +€3,456 | +135.1% |
| Profit (loss) for the period before taxes | 9903 | €17,855 | -€1,633 | -€19,488 | |
| Income taxes | 67/77 | €4,369 | €425 | -€3,944 | -90.3% |
| Profit (loss) for the period | 9904 | €13,486 | -€2,058 | -€15,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,486 | -€2,058 | -€15,544 |
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 4 October 2026 via checked.be.