DEWEER: what changed
Two financial 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.
What changed
DEWEER
NACE 13.930, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,263
2024 · €60,026-€57,763
Equity
€5.3m
2024 · €5.3m+€2,264
Cash
€405,272
2024 · €1.2m-€784,799
Balance sheet total
€6.2m
2024 · €6.6m-€388,857
Largest movements
Assets
- Cash -€784,799
down €784,799 (-65.9%), from €1.2m to €405,272
mainly Investment in fixed assets (net) (-€707,975) and Current portion of long-term debt (-€400,000)
- Tangible fixed assets +€519,213
up €519,213 (+29.4%), from €1.8m to €2.3m
of which Land and buildings: +€607,612
- Stocks and contracts -€91,354
down €91,354 (-2.6%), from €3.5m to €3.4m
Equity and liabilities
- Current portion of long-term debt -€400,000
no longer reported in 2025 (was €400,000)
Income statement
- Gross operating margin -€88,726
down €88,726 (-22.2%), from €400,424 to €311,698
- Financial charges -€29,352
down €29,352 (-57.0%), from €51,468 to €22,116
- Staff costs -€18,881
down €18,881 (-19.7%), from €95,765 to €76,884
- Financial income -€12,239
down €12,239 (-60.5%), from €20,221 to €7,982
- Depreciation +€10,637
up €10,637 (+6.3%), from €168,785 to €179,422
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.
Result 2024
€60,026
Gross operating margin
-€88,726
Staff costs
+€18,881
Depreciation
-€10,637
Other operating charges
-€320
Other operating items
+€4,295
Financial income
-€12,239
Financial charges
+€29,352
Taxes
+€1,633
Result 2025
€2,263
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€323,176
Investment
-€707,975
Financing
-€400,000
Cash 2024
€1.2m
From operations (derived)
+€323,176
Net result for the year
+€2,263
Depreciation
+€179,422
Stocks and contracts
+€91,354
Receivables within one year
+€42,181
Deferred charges and accrued income
-€924
Trade debts
-€7,109
Tax, wage and social debts
-€16,566
Other debts
+€57,309
Accrued charges and deferred income
-€24,754
Investment (derived)
-€707,975
Investment in fixed assets (net)
-€707,975
Financing
-€400,000
Current portion of long-term debt
-€400,000
Contributions, distributions and other
+€0
Cash 2025
€405,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,562,127 | €6,173,270 | -€388,857 | -5.9% |
| Fixed assets | 21/28 | €1,766,448 | €2,295,001 | +€528,553 | +29.9% |
| Intangible fixed assets | 21 | - | €1,840 | +€1,840 | |
| Tangible fixed assets | 22/27 | €1,766,448 | €2,285,661 | +€519,213 | +29.4% |
| Land and buildings | 22 | €1,179,426 | €1,787,038 | +€607,612 | +51.5% |
| Plant, machinery and equipment | 23 | €578,836 | €475,284 | -€103,552 | -17.9% |
| Furniture and vehicles | 24 | €8,186 | €23,338 | +€15,152 | +185% |
| Financial fixed assets | 28 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €4,795,679 | €3,878,269 | -€917,410 | -19.1% |
| Stocks and contracts in progress | 3 | €3,538,802 | €3,447,448 | -€91,354 | -2.6% |
| Stocks | 30/36 | €3,538,802 | €3,447,448 | -€91,354 | -2.6% |
| Amounts receivable within one year | 40/41 | €66,262 | €24,081 | -€42,181 | -63.7% |
| Trade receivables | 40 | €60,196 | €24,081 | -€36,115 | -60.0% |
| Other amounts receivable | 41 | €6,066 | €0 | -€6,066 | -100% |
| Cash at bank and in hand | 54/58 | €1,190,071 | €405,272 | -€784,799 | -65.9% |
| Deferred charges and accrued income | 490/1 | €544 | €1,468 | +€924 | +170% |
| Total equity and liabilities | 10/49 | €6,562,127 | €6,173,270 | -€388,857 | -5.9% |
| Equity | 10/15 | €5,330,406 | €5,332,670 | +€2,264 | 0.0% |
| Contributions | 10/11 | €2,807,066 | €2,807,066 | +€0 | 0.0% |
| Capital | 10 | €2,805,832 | €2,805,832 | -€0 | 0.0% |
| Issued capital | 100 | €2,805,832 | €2,805,832 | -€0 | 0.0% |
| Contributions outside capital | 11 | €1,234 | €1,234 | +€0 | 0.0% |
| Share premium | 1100/10 | €1,234 | €1,234 | +€0 | 0.0% |
| Reserves | 13 | €2,523,340 | €2,525,603 | +€2,263 | +0.1% |
| Non-distributable reserves | 130/1 | €268,231 | €268,231 | +€0 | 0.0% |
| Legal reserve | 130 | €256,015 | €256,015 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | - | €12,216 | +€12,216 | |
| Other | 1319 | €12,216 | - | -€12,216 | |
| Tax-exempt reserves | 132 | €222,810 | €222,810 | -€0 | 0.0% |
| Distributable reserves | 133 | €2,032,299 | €2,034,562 | +€2,263 | +0.1% |
| Amounts payable | 17/49 | €1,231,721 | €840,600 | -€391,121 | -31.8% |
| Amounts payable within one year | 42/48 | €1,199,799 | €833,432 | -€366,367 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €400,000 | - | -€400,000 | |
| Trade debts | 44 | €22,970 | €15,861 | -€7,109 | -31.0% |
| Suppliers | 440/4 | €22,970 | €15,861 | -€7,109 | -31.0% |
| Taxes, remuneration and social security | 45 | €26,829 | €10,263 | -€16,566 | -61.7% |
| Taxes | 450/3 | €15,305 | €3,528 | -€11,777 | -76.9% |
| Remuneration and social security | 454/9 | €11,524 | €6,735 | -€4,789 | -41.6% |
| Other amounts payable | 47/48 | €750,000 | €807,309 | +€57,309 | +7.6% |
| Accrued charges and deferred income | 492/3 | €31,922 | €7,168 | -€24,754 | -77.5% |
| Remuneration, social security and pensions | 62 | €95,765 | €76,884 | -€18,881 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,785 | €179,422 | +€10,637 | +6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €38,447 | €38,767 | +€320 | +0.8% |
| Non-recurring operating charges | 66A | €4,295 | - | -€4,295 | |
| Gross operating margin | 9900 | €400,424 | €311,698 | -€88,726 | -22.2% |
| Operating profit (loss) | 9901 | €93,132 | €16,624 | -€76,508 | -82.1% |
| Financial income | 75/76B | €20,221 | €7,982 | -€12,239 | -60.5% |
| Recurring financial income | 75 | €20,221 | €7,982 | -€12,239 | -60.5% |
| Financial charges | 65/66B | €51,468 | €22,116 | -€29,352 | -57.0% |
| Recurring financial charges | 65 | €51,468 | €22,116 | -€29,352 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €61,885 | €2,490 | -€59,395 | -96.0% |
| Income taxes | 67/77 | €1,859 | €226 | -€1,633 | -87.8% |
| Profit (loss) for the period | 9904 | €60,026 | €2,263 | -€57,763 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,026 | €2,263 | -€57,763 | -96.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.