DEWESTATE: 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.
DEWESTATE
Largest movements
- Cash +€23,535
up €23,535 (+82.6%), from €28,483 to €52,019
mainly Other debts (+€40,006) and Depreciation (+€15,587)
- Tangible fixed assets -€15,587
down €15,587 (-39.9%), from €39,031 to €23,443
of which Furniture and vehicles: -€14,468
- Receivables within one year +€14,520
up €14,520 (+54.7%), from €26,552 to €41,072
of which Trade receivables: +€14,520
- Receivables after one year -€8,313
down €8,313 (-100.0%), from €8,313 to €0
- Other debts +€40,006
up €40,006 (+16450.0%), from €243 to €40,250
- Reserves -€31,889
down €31,889 (-37.8%), from €84,427 to €52,538
- Tax, wage and social debts +€4,061
up €4,061 (+136.6%), from €2,972 to €7,032
- Trade debts +€1,977
up €1,977 (+23.2%), from €8,537 to €10,514
- Gross operating margin +€10,940
up €10,940 (+38.4%), from €28,519 to €39,459
- Financial charges +€8,719
up €8,719 (+2238.2%), from €390 to €9,109
of which Non-recurring financial charges: +€8,776
- Taxes +€3,130
up €3,130 (+95.9%), from €3,263 to €6,393
- Depreciation -€928
down €928 (-5.6%), from €16,515 to €15,587
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 | €102,379 | €116,534 | +€14,155 | +13.8% |
| Fixed assets | 21/28 | €39,031 | €23,443 | -€15,587 | -39.9% |
| Tangible fixed assets | 22/27 | €39,031 | €23,443 | -€15,587 | -39.9% |
| Furniture and vehicles | 24 | €14,468 | €0 | -€14,468 | -100.0% |
| Other tangible fixed assets | 26 | €24,563 | €23,443 | -€1,119 | -4.6% |
| Current assets | 29/58 | €63,348 | €93,091 | +€29,743 | +47.0% |
| Amounts receivable after more than one year | 29 | €8,313 | €0 | -€8,313 | -100.0% |
| Other amounts receivable | 291 | €8,313 | €0 | -€8,313 | -100.0% |
| Amounts receivable within one year | 40/41 | €26,552 | €41,072 | +€14,520 | +54.7% |
| Trade receivables | 40 | €26,552 | €41,072 | +€14,520 | +54.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €28,483 | €52,019 | +€23,535 | +82.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €102,379 | €116,534 | +€14,155 | +13.8% |
| Equity | 10/15 | €90,627 | €58,738 | -€31,889 | -35.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,427 | €52,538 | -€31,889 | -37.8% |
| Distributable reserves | 133 | €84,427 | €52,538 | -€31,889 | -37.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,752 | €57,796 | +€46,044 | +391.8% |
| Amounts payable within one year | 42/48 | €11,752 | €57,796 | +€46,044 | +391.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,537 | €10,514 | +€1,977 | +23.2% |
| Suppliers | 440/4 | €8,537 | €10,514 | +€1,977 | +23.2% |
| Taxes, remuneration and social security | 45 | €2,972 | €7,032 | +€4,061 | +136.6% |
| Taxes | 450/3 | €2,972 | €7,032 | +€4,061 | +136.6% |
| Other amounts payable | 47/48 | €243 | €40,250 | +€40,006 | +16450.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,515 | €15,587 | -€928 | -5.6% |
| Other operating charges | 640/8 | €831 | €722 | -€110 | -13.2% |
| Gross operating margin | 9900 | €28,519 | €39,459 | +€10,940 | +38.4% |
| Operating profit (loss) | 9901 | €11,172 | €23,150 | +€11,978 | +107.2% |
| Financial income | 75/76B | €489 | €463 | -€26 | -5.3% |
| Recurring financial income | 75 | €489 | €463 | -€26 | -5.3% |
| Financial charges | 65/66B | €390 | €9,109 | +€8,719 | +2238.2% |
| Recurring financial charges | 65 | €390 | €333 | -€56 | -14.5% |
| Non-recurring financial charges | 66B | - | €8,776 | +€8,776 | |
| Profit (loss) for the period before taxes | 9903 | €11,272 | €14,504 | +€3,233 | +28.7% |
| Income taxes | 67/77 | €3,263 | €6,393 | +€3,130 | +95.9% |
| Profit (loss) for the period | 9904 | €8,009 | €8,111 | +€102 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,009 | €8,111 | +€102 | +1.3% |
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 9 October 2026 via checked.be.