DEWEERDT: 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.
DEWEERDT
Largest movements
- Tangible fixed assets -€25,022
down €25,022 (-10.7%), from €233,964 to €208,942
- Deferred charges and accrued income -€22,865
down €22,865 (-88.3%), from €25,881 to €3,017
- Stocks and contracts -€17,959
down €17,959 (-57.3%), from €31,346 to €13,387
- Receivables within one year -€11,623
down €11,623 (-18.0%), from €64,729 to €53,107
of which Trade receivables: -€16,649
- Profit (loss) carried forward -€49,520
down €49,520 (-267%), from -€18,515 to -€68,035
- Trade debts +€29,113
up €29,113 (+51.3%), from €56,745 to €85,859
- Other debts -€26,220
down €26,220 (-37.1%), from €70,615 to €44,394
- Accrued charges and deferred income -€22,305
down €22,305 (-83.7%), from €26,662 to €4,357
- Debts after one year -€16,188
down €16,188 (-8.9%), from €181,269 to €165,081
- Gross operating margin -€50,971
down €50,971, from €45,476 to -€5,495
- Write-downs +€4,800
new in 2025: €4,800
- Depreciation -€2,487
down €2,487 (-7.6%), from €32,677 to €30,190
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,920 | €278,453 | -€77,468 | -21.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €233,964 | €208,942 | -€25,022 | -10.7% |
| Tangible fixed assets | 22/27 | €233,964 | €208,942 | -€25,022 | -10.7% |
| Land and buildings | 22 | €182,384 | €171,184 | -€11,200 | -6.1% |
| Plant, machinery and equipment | 23 | €36,724 | €29,330 | -€7,394 | -20.1% |
| Furniture and vehicles | 24 | €14,856 | €8,429 | -€6,427 | -43.3% |
| Current assets | 29/58 | €121,956 | €69,510 | -€52,446 | -43.0% |
| Stocks and contracts in progress | 3 | €31,346 | €13,387 | -€17,959 | -57.3% |
| Stocks | 30/36 | €31,346 | €13,387 | -€17,959 | -57.3% |
| Amounts receivable within one year | 40/41 | €64,729 | €53,107 | -€11,623 | -18.0% |
| Trade receivables | 40 | €56,908 | €40,259 | -€16,649 | -29.3% |
| Other amounts receivable | 41 | €7,821 | €12,847 | +€5,026 | +64.3% |
| Deferred charges and accrued income | 490/1 | €25,881 | €3,017 | -€22,865 | -88.3% |
| Total equity and liabilities | 10/49 | €355,920 | €278,453 | -€77,468 | -21.8% |
| Equity | 10/15 | -€11,960 | -€61,480 | -€49,520 | -414% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,555 | €1,555 | = | 0.0% |
| Distributable reserves | 133 | €1,555 | €1,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,515 | -€68,035 | -€49,520 | -267% |
| Amounts payable | 17/49 | €367,881 | €339,933 | -€27,948 | -7.6% |
| Amounts payable after more than one year | 17 | €181,269 | €165,081 | -€16,188 | -8.9% |
| Financial debts | 170/4 | €181,269 | €165,081 | -€16,188 | -8.9% |
| Amounts payable within one year | 42/48 | €159,949 | €170,495 | +€10,546 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €17,044 | €16,188 | -€856 | -5.0% |
| Financial debts | 43 | €15,387 | €23,947 | +€8,561 | +55.6% |
| Credit institutions | 430/8 | €15,387 | €23,947 | +€8,561 | +55.6% |
| Trade debts | 44 | €56,745 | €85,859 | +€29,113 | +51.3% |
| Suppliers | 440/4 | €56,745 | €85,859 | +€29,113 | +51.3% |
| Taxes, remuneration and social security | 45 | €158 | €106 | -€52 | -32.8% |
| Taxes | 450/3 | €158 | €106 | -€52 | -32.8% |
| Other amounts payable | 47/48 | €70,615 | €44,394 | -€26,220 | -37.1% |
| Accrued charges and deferred income | 492/3 | €26,662 | €4,357 | -€22,305 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,677 | €30,190 | -€2,487 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,800 | +€4,800 | |
| Other operating charges | 640/8 | €1,470 | €1,415 | -€54 | -3.7% |
| Gross operating margin | 9900 | €45,476 | -€5,495 | -€50,971 | |
| Operating profit (loss) | 9901 | €11,329 | -€41,901 | -€53,230 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €7,913 | €7,619 | -€294 | -3.7% |
| Recurring financial charges | 65 | €7,913 | €7,619 | -€294 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €3,419 | -€49,520 | -€52,939 | |
| Profit (loss) for the period | 9904 | €3,419 | -€49,520 | -€52,939 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,419 | -€49,520 | -€52,939 |
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 17 October 2026 via checked.be.