DEWEER: 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.
DEWEER
Largest movements
- Tangible fixed assets +€786,213
up €786,213 (+313.8%), from €250,517 to €1.0m
of which Land and buildings: +€543,904
- Receivables within one year +€753,573
up €753,573 (+1507.6%), from €49,984 to €803,557
of which Trade receivables: +€673,370
- Cash +€127,661
up €127,661 (+756.5%), from €16,875 to €144,536
mainly Net result for the year (+€730,151) and Advances received (+€681,000)
- Financial fixed assets -€25,358
down €25,358 (-11.8%), from €214,310 to €188,952
- Reserves +€730,151
up €730,151 (+374.0%), from €195,236 to €925,387
of which Distributable reserves: +€730,151
- Advances received +€681,000
new in 2025: €681,000
- Short-term financial debts +€139,353
up €139,353 (+1108.3%), from €12,574 to €151,927
- Tax, wage and social debts +€135,758
up €135,758 (+1809.6%), from €7,502 to €143,260
of which Taxes: +€139,858
- Debts after one year -€33,333
down €33,333 (-25.0%), from €133,333 to €100,000
- Gross operating margin +€984,089
up €984,089 (+871.3%), from €112,949 to €1.1m
- Taxes +€313,237
up €313,237 (+1773.8%), from €17,659 to €330,896
- Financial income +€24,192
new in 2025: €24,192
of which Non-recurring financial income: +€24,192
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 | €532,509 | €2,174,665 | +€1.6m | +308.4% |
| Fixed assets | 21/28 | €464,827 | €1,225,682 | +€760,855 | +163.7% |
| Tangible fixed assets | 22/27 | €250,517 | €1,036,730 | +€786,213 | +313.8% |
| Land and buildings | 22 | €241,316 | €785,220 | +€543,904 | +225.4% |
| Plant, machinery and equipment | 23 | €9,201 | €34,325 | +€25,125 | +273.1% |
| Leasing and similar rights | 25 | - | €217,185 | +€217,185 | |
| Financial fixed assets | 28 | €214,310 | €188,952 | -€25,358 | -11.8% |
| Current assets | 29/58 | €67,682 | €948,983 | +€881,301 | +1302.1% |
| Amounts receivable within one year | 40/41 | €49,984 | €803,557 | +€753,573 | +1507.6% |
| Trade receivables | 40 | €47,630 | €721,000 | +€673,370 | +1413.8% |
| Other amounts receivable | 41 | €2,354 | €82,557 | +€80,203 | +3407.6% |
| Cash at bank and in hand | 54/58 | €16,875 | €144,536 | +€127,661 | +756.5% |
| Deferred charges and accrued income | 490/1 | €823 | €890 | +€67 | +8.2% |
| Total equity and liabilities | 10/49 | €532,509 | €2,174,665 | +€1.6m | +308.4% |
| Equity | 10/15 | €213,836 | €943,987 | +€730,151 | +341.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,236 | €925,387 | +€730,151 | +374.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €193,376 | €923,527 | +€730,151 | +377.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €318,673 | €1,230,678 | +€912,005 | +286.2% |
| Amounts payable after more than one year | 17 | €133,333 | €100,000 | -€33,333 | -25.0% |
| Financial debts | 170/4 | €133,333 | €100,000 | -€33,333 | -25.0% |
| Amounts payable within one year | 42/48 | €182,698 | €1,130,678 | +€947,980 | +518.9% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Financial debts | 43 | €12,574 | €151,927 | +€139,353 | +1108.3% |
| Credit institutions | 430/8 | €12,574 | €151,927 | +€139,353 | +1108.3% |
| Trade debts | 44 | €1,700 | €3,508 | +€1,808 | +106.4% |
| Suppliers | 440/4 | €1,700 | €3,508 | +€1,808 | +106.4% |
| Advances received on contracts in progress | 46 | - | €681,000 | +€681,000 | |
| Taxes, remuneration and social security | 45 | €7,502 | €143,260 | +€135,758 | +1809.6% |
| Taxes | 450/3 | €3,402 | €143,260 | +€139,858 | +4110.9% |
| Remuneration and social security | 454/9 | €4,100 | €0 | -€4,100 | -100.0% |
| Other amounts payable | 47/48 | €127,589 | €117,649 | -€9,940 | -7.8% |
| Accrued charges and deferred income | 492/3 | €2,641 | €0 | -€2,641 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,607 | €25,132 | +€525 | +2.1% |
| Other operating charges | 640/8 | €16,773 | €18,255 | +€1,483 | +8.8% |
| Gross operating margin | 9900 | €112,949 | €1,097,038 | +€984,089 | +871.3% |
| Operating profit (loss) | 9901 | €71,569 | €1,053,650 | +€982,081 | +1372.2% |
| Financial income | 75/76B | - | €24,192 | +€24,192 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €24,192 | +€24,192 | |
| Financial charges | 65/66B | €7,995 | €16,795 | +€8,800 | +110.1% |
| Recurring financial charges | 65 | €7,995 | €13,245 | +€5,250 | +65.7% |
| Non-recurring financial charges | 66B | - | €3,550 | +€3,550 | |
| Profit (loss) for the period before taxes | 9903 | €63,574 | €1,061,047 | +€997,473 | +1569.0% |
| Income taxes | 67/77 | €17,659 | €330,896 | +€313,237 | +1773.8% |
| Profit (loss) for the period | 9904 | €45,915 | €730,151 | +€684,236 | +1490.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,915 | €730,151 | +€684,236 | +1490.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.