DEWASME: 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.
DEWASME
Largest movements
- Receivables after one year -€26,277
down €26,277 (-29.5%), from €89,114 to €62,837
- Cash +€14,775
up €14,775 (+43.7%), from €33,820 to €48,595
mainly Receivables after one year (+€26,277) and Depreciation (+€11,681)
- Receivables within one year -€8,118
down €8,118 (-56.7%), from €14,329 to €6,211
of which Other amounts receivable: -€8,427
- Tangible fixed assets -€7,681
down €7,681 (-19.1%), from €40,224 to €32,543
- Debts after one year -€8,063
down €8,063 (-37.4%), from €21,544 to €13,481
- Reserves -€6,978
down €6,978 (-8.5%), from €81,955 to €74,977
of which Distributable reserves: -€6,978
- Tax, wage and social debts -€6,550
down €6,550 (-81.4%), from €8,045 to €1,495
- Other debts -€2,547
down €2,547 (-15.5%), from €16,435 to €13,888
- Taxes +€5,659
up €5,659 (+314.2%), from €1,801 to €7,460
- Financial income -€1,118
down €1,118 (-37.0%), from €3,017 to €1,899
- Gross operating margin -€1,056
down €1,056 (-3.8%), from €27,906 to €26,850
- Depreciation +€344
up €344 (+3.0%), from €11,337 to €11,681
- Financial charges -€296
down €296 (-17.9%), from €1,656 to €1,360
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 | €187,253 | €161,824 | -€25,429 | -13.6% |
| Fixed assets | 21/28 | €40,224 | €32,543 | -€7,681 | -19.1% |
| Tangible fixed assets | 22/27 | €40,224 | €32,543 | -€7,681 | -19.1% |
| Furniture and vehicles | 24 | €40,224 | €32,543 | -€7,681 | -19.1% |
| Current assets | 29/58 | €147,028 | €129,281 | -€17,747 | -12.1% |
| Amounts receivable after more than one year | 29 | €89,114 | €62,837 | -€26,277 | -29.5% |
| Other amounts receivable | 291 | €89,114 | €62,837 | -€26,277 | -29.5% |
| Amounts receivable within one year | 40/41 | €14,329 | €6,211 | -€8,118 | -56.7% |
| Trade receivables | 40 | €0 | €310 | +€310 | |
| Other amounts receivable | 41 | €14,329 | €5,902 | -€8,427 | -58.8% |
| Current investments | 50/53 | €1,636 | €1,636 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,820 | €48,595 | +€14,775 | +43.7% |
| Deferred charges and accrued income | 490/1 | €8,130 | €10,002 | +€1,872 | +23.0% |
| Total equity and liabilities | 10/49 | €187,253 | €161,824 | -€25,429 | -13.6% |
| Equity | 10/15 | €131,188 | €124,210 | -€6,978 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,955 | €74,977 | -€6,978 | -8.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,071 | €1,071 | = | 0.0% |
| Distributable reserves | 133 | €79,025 | €72,047 | -€6,978 | -8.8% |
| Profit (loss) carried forward | 14 | €30,633 | €30,633 | = | 0.0% |
| Amounts payable | 17/49 | €56,065 | €37,614 | -€18,451 | -32.9% |
| Amounts payable after more than one year | 17 | €21,544 | €13,481 | -€8,063 | -37.4% |
| Financial debts | 170/4 | €21,544 | €13,481 | -€8,063 | -37.4% |
| Amounts payable within one year | 42/48 | €34,521 | €24,134 | -€10,387 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €9,580 | €8,656 | -€924 | -9.6% |
| Trade debts | 44 | €461 | €95 | -€366 | -79.4% |
| Suppliers | 440/4 | €461 | €95 | -€366 | -79.4% |
| Taxes, remuneration and social security | 45 | €8,045 | €1,495 | -€6,550 | -81.4% |
| Taxes | 450/3 | €8,045 | €1,495 | -€6,550 | -81.4% |
| Other amounts payable | 47/48 | €16,435 | €13,888 | -€2,547 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,337 | €11,681 | +€344 | +3.0% |
| Other operating charges | 640/8 | €632 | €606 | -€26 | -4.2% |
| Gross operating margin | 9900 | €27,906 | €26,850 | -€1,056 | -3.8% |
| Operating profit (loss) | 9901 | €15,936 | €14,562 | -€1,374 | -8.6% |
| Financial income | 75/76B | €3,017 | €1,899 | -€1,118 | -37.0% |
| Recurring financial income | 75 | €3,017 | €1,899 | -€1,118 | -37.0% |
| Financial charges | 65/66B | €1,656 | €1,360 | -€296 | -17.9% |
| Recurring financial charges | 65 | €1,656 | €1,360 | -€296 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €17,297 | €15,101 | -€2,196 | -12.7% |
| Income taxes | 67/77 | €1,801 | €7,460 | +€5,659 | +314.2% |
| Profit (loss) for the period | 9904 | €15,496 | €7,641 | -€7,855 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,496 | €7,641 | -€7,855 | -50.7% |
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 6 October 2026 via checked.be.