Deweerdt W.: what changed
What changed
Deweerdt W.
NACE 46.190, Agents in non-specialised wholesale trade
filed annual accounts (NBB)
Net result for the year
€361,598
2024 · €564,908-€203,311
Equity
€902,655
2024 · €741,058+€161,598
Cash
€983,480
2024 · €837,499+€145,981
Balance sheet total
€2.2m
2024 · €2.5m-€319,338
Largest movements
Assets
- Receivables within one year -€555,227
down €555,227 (-53.4%), from €1.0m to €483,886
of which Trade receivables: -€530,686
- Cash +€145,981
up €145,981 (+17.4%), from €837,499 to €983,480
mainly Receivables within one year (+€555,227) and Net result for the year (+€361,598)
- Tangible fixed assets +€35,196
up €35,196 (+17.0%), from €206,697 to €241,893
of which Leasing and similar rights: +€31,028
- Current investments +€31,178
up €31,178 (+13.7%), from €227,463 to €258,642
- Stocks and contracts +€28,288
up €28,288 (+19.5%), from €145,054 to €173,342
Equity and liabilities
- Trade debts -€488,937
down €488,937 (-69.5%), from €703,982 to €215,045
- Reserves +€105,649
up €105,649 (+17.5%), from €604,422 to €710,071
- Other debts -€103,211
down €103,211 (-18.4%), from €561,285 to €458,074
- Provisions +€62,740
up €62,740 (+35.2%), from €178,145 to €240,885
- Profit (loss) carried forward +€55,948
up €55,948 (+53.0%), from €105,649 to €161,598
Income statement
- Gross operating margin -€161,403
down €161,403 (-14.7%), from €1.1m to €938,298
- Staff costs +€69,941
up €69,941 (+20.1%), from €347,915 to €417,857
- Taxes -€41,986
down €41,986 (-26.8%), from €156,389 to €114,403
- Provisions +€32,269
up €32,269 (+106%), from €30,471 to €62,740
- Write-downs -€20,665
down €20,665 (-556%), from -€3,714 to -€24,378
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€564,908
Gross operating margin
-€161,403
Staff costs
-€69,941
Depreciation
-€20,556
Write-downs
+€20,665
Provisions
-€32,269
Other operating charges
+€645
Financial income
+€19,651
Financial charges
-€2,088
Taxes
+€41,986
Result 2025
€361,598
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€434,499
Investment
-€151,353
Financing
-€137,165
Cash 2024
€837,499
From operations (derived)
+€434,499
Net result for the year
+€361,598
Depreciation
+€85,524
Stocks and contracts
-€28,288
Receivables within one year
+€555,227
Deferred charges and accrued income
+€4,209
Provisions
+€62,740
Trade debts
-€488,937
Tax, wage and social debts
-€15,800
Other debts
-€103,211
Accrued charges and deferred income
+€1,437
Investment (derived)
-€151,353
Investment in fixed assets (net)
-€120,175
Current investments
-€31,178
Financing
-€137,165
Debts after one year
+€30,308
Current portion of long-term debt
+€32,527
Contributions, distributions and other
-€200,000
Cash 2025
€983,480
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,475,690 | €2,156,352 | -€319,338 | -12.9% |
| Fixed assets | 21/28 | €207,494 | €242,145 | +€34,651 | +16.7% |
| Intangible fixed assets | 21 | €549 | €4 | -€545 | -99.3% |
| Tangible fixed assets | 22/27 | €206,697 | €241,893 | +€35,196 | +17.0% |
| Plant, machinery and equipment | 23 | €7,150 | €20,302 | +€13,153 | +184% |
| Furniture and vehicles | 24 | €29,857 | €23,493 | -€6,364 | -21.3% |
| Leasing and similar rights | 25 | €151,351 | €182,379 | +€31,028 | +20.5% |
| Other tangible fixed assets | 26 | €18,340 | €15,719 | -€2,621 | -14.3% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €2,268,196 | €1,914,207 | -€353,989 | -15.6% |
| Stocks and contracts in progress | 3 | €145,054 | €173,342 | +€28,288 | +19.5% |
| Stocks | 30/36 | €145,054 | €173,342 | +€28,288 | +19.5% |
| Amounts receivable within one year | 40/41 | €1,039,113 | €483,886 | -€555,227 | -53.4% |
| Trade receivables | 40 | €961,821 | €431,135 | -€530,686 | -55.2% |
| Other amounts receivable | 41 | €77,292 | €52,751 | -€24,541 | -31.8% |
| Current investments | 50/53 | €227,463 | €258,642 | +€31,178 | +13.7% |
| Cash at bank and in hand | 54/58 | €837,499 | €983,480 | +€145,981 | +17.4% |
| Deferred charges and accrued income | 490/1 | €19,067 | €14,858 | -€4,209 | -22.1% |
| Total equity and liabilities | 10/49 | €2,475,690 | €2,156,352 | -€319,338 | -12.9% |
| Equity | 10/15 | €741,058 | €902,655 | +€161,598 | +21.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Contributions outside capital | 11 | €30,987 | €30,987 | = | 0.0% |
| Share premium | 1100/10 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €604,422 | €710,071 | +€105,649 | +17.5% |
| Distributable reserves | 133 | €604,422 | €710,071 | +€105,649 | +17.5% |
| Profit (loss) carried forward | 14 | €105,649 | €161,598 | +€55,948 | +53.0% |
| Provisions and deferred taxes | 16 | €178,145 | €240,885 | +€62,740 | +35.2% |
| Provisions for liabilities and charges | 160/5 | €178,145 | €240,885 | +€62,740 | +35.2% |
| Other liabilities and charges | 164/5 | €178,145 | €240,885 | +€62,740 | +35.2% |
| Amounts payable | 17/49 | €1,556,487 | €1,012,811 | -€543,676 | -34.9% |
| Amounts payable after more than one year | 17 | €80,692 | €110,999 | +€30,308 | +37.6% |
| Financial debts | 170/4 | €80,692 | €110,999 | +€30,308 | +37.6% |
| Amounts payable within one year | 42/48 | €1,472,299 | €896,878 | -€575,420 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €91,684 | €124,211 | +€32,527 | +35.5% |
| Trade debts | 44 | €703,982 | €215,045 | -€488,937 | -69.5% |
| Suppliers | 440/4 | €703,982 | €215,045 | -€488,937 | -69.5% |
| Taxes, remuneration and social security | 45 | €115,348 | €99,548 | -€15,800 | -13.7% |
| Taxes | 450/3 | €48,354 | €15,228 | -€33,126 | -68.5% |
| Remuneration and social security | 454/9 | €66,994 | €84,320 | +€17,326 | +25.9% |
| Other amounts payable | 47/48 | €561,285 | €458,074 | -€103,211 | -18.4% |
| Accrued charges and deferred income | 492/3 | €3,497 | €4,934 | +€1,437 | +41.1% |
| Non-recurring operating income | 76A | €7,948 | €3,896 | -€4,051 | -51.0% |
| Remuneration, social security and pensions | 62 | €347,915 | €417,857 | +€69,941 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,968 | €85,524 | +€20,556 | +31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,714 | -€24,378 | -€20,665 | -556% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,471 | €62,740 | +€32,269 | +106% |
| Other operating charges | 640/8 | €10,437 | €9,792 | -€645 | -6.2% |
| Gross operating margin | 9900 | €1,099,701 | €938,298 | -€161,403 | -14.7% |
| Operating profit (loss) | 9901 | €649,624 | €386,764 | -€262,860 | -40.5% |
| Financial income | 75/76B | €86,724 | €106,375 | +€19,651 | +22.7% |
| Recurring financial income | 75 | €86,724 | €106,375 | +€19,651 | +22.7% |
| Financial charges | 65/66B | €15,051 | €17,139 | +€2,088 | +13.9% |
| Recurring financial charges | 65 | €15,051 | €17,139 | +€2,088 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €721,297 | €476,000 | -€245,297 | -34.0% |
| Income taxes | 67/77 | €156,389 | €114,403 | -€41,986 | -26.8% |
| Profit (loss) for the period | 9904 | €564,908 | €361,598 | -€203,311 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €564,908 | €361,598 | -€203,311 | -36.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.