DEWATEX: 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.
DEWATEX
Largest movements
- Cash +€719,520
up €719,520 (+13.4%), from €5.4m to €6.1m
mainly Net result for the year (+€988,097) and Receivables within one year (+€400,553)
- Receivables within one year -€400,553
down €400,553 (-45.8%), from €875,459 to €474,905
of which Trade receivables: -€439,326
- Receivables after one year -€200,000
down €200,000 (-80.0%), from €250,000 to €50,000
- Tangible fixed assets -€95,803
down €95,803 (-31.8%), from €301,027 to €205,224
of which Furniture and vehicles: -€79,559
- Reserves +€988,097
up €988,097 (+17.7%), from €5.6m to €6.6m
of which Distributable reserves: +€988,097
- Other debts -€605,422
down €605,422 (-89.6%), from €675,583 to €70,161
- Tax, wage and social debts -€276,973
down €276,973 (-97.9%), from €282,973 to €6,000
- Trade debts -€129,787
down €129,787 (-38.0%), from €341,193 to €211,406
- Gross operating margin -€850,452
down €850,452 (-38.0%), from €2.2m to €1.4m
- Taxes -€261,449
down €261,449 (-36.1%), from €723,565 to €462,116
- Financial income +€90,315
up €90,315 (+163.1%), from €55,389 to €145,704
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 | €6,957,766 | €6,933,681 | -€24,085 | -0.3% |
| Fixed assets | 21/28 | €301,275 | €205,472 | -€95,803 | -31.8% |
| Tangible fixed assets | 22/27 | €301,027 | €205,224 | -€95,803 | -31.8% |
| Land and buildings | 22 | €95,953 | €85,138 | -€10,815 | -11.3% |
| Plant, machinery and equipment | 23 | €19,047 | €13,618 | -€5,429 | -28.5% |
| Furniture and vehicles | 24 | €186,027 | €106,468 | -€79,559 | -42.8% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €6,656,491 | €6,728,209 | +€71,718 | +1.1% |
| Amounts receivable after more than one year | 29 | €250,000 | €50,000 | -€200,000 | -80.0% |
| Other amounts receivable | 291 | €250,000 | €50,000 | -€200,000 | -80.0% |
| Stocks and contracts in progress | 3 | €148,295 | €99,648 | -€48,647 | -32.8% |
| Stocks | 30/36 | €148,295 | €99,648 | -€48,647 | -32.8% |
| Amounts receivable within one year | 40/41 | €875,459 | €474,905 | -€400,553 | -45.8% |
| Trade receivables | 40 | €839,742 | €400,416 | -€439,326 | -52.3% |
| Other amounts receivable | 41 | €35,717 | €74,490 | +€38,773 | +108.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,372,145 | €6,091,665 | +€719,520 | +13.4% |
| Deferred charges and accrued income | 490/1 | €10,592 | €11,990 | +€1,398 | +13.2% |
| Total equity and liabilities | 10/49 | €6,957,766 | €6,933,681 | -€24,085 | -0.3% |
| Equity | 10/15 | €5,658,017 | €6,646,114 | +€988,097 | +17.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €5,596,517 | €6,584,614 | +€988,097 | +17.7% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €5,530,267 | €6,518,364 | +€988,097 | +17.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,299,748 | €287,567 | -€1.0m | -77.9% |
| Amounts payable within one year | 42/48 | €1,299,748 | €287,567 | -€1.0m | -77.9% |
| Trade debts | 44 | €341,193 | €211,406 | -€129,787 | -38.0% |
| Suppliers | 440/4 | €341,193 | €211,406 | -€129,787 | -38.0% |
| Taxes, remuneration and social security | 45 | €282,973 | €6,000 | -€276,973 | -97.9% |
| Taxes | 450/3 | €282,973 | €6,000 | -€276,973 | -97.9% |
| Other amounts payable | 47/48 | €675,583 | €70,161 | -€605,422 | -89.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,186 | €1,229 | +€43 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,444 | €68,088 | +€8,644 | +14.5% |
| Other operating charges | 640/8 | €893 | €6,841 | +€5,948 | +665.8% |
| Non-recurring operating charges | 66A | - | €7,168 | +€7,168 | |
| Gross operating margin | 9900 | €2,238,781 | €1,388,328 | -€850,452 | -38.0% |
| Operating profit (loss) | 9901 | €2,177,257 | €1,305,002 | -€872,255 | -40.1% |
| Financial income | 75/76B | €55,389 | €145,704 | +€90,315 | +163.1% |
| Recurring financial income | 75 | €55,389 | €145,704 | +€90,315 | +163.1% |
| Financial charges | 65/66B | €427 | €493 | +€66 | +15.4% |
| Recurring financial charges | 65 | €427 | €493 | +€66 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €2,232,219 | €1,450,213 | -€782,006 | -35.0% |
| Income taxes | 67/77 | €723,565 | €462,116 | -€261,449 | -36.1% |
| Profit (loss) for the period | 9904 | €1,508,654 | €988,097 | -€520,557 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,508,654 | €988,097 | -€520,557 | -34.5% |
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 2 October 2026 via checked.be.