dewetho: 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.
dewetho
Largest movements
- Receivables within one year +€48,762
up €48,762 (+18.4%), from €264,800 to €313,562
of which Other amounts receivable: +€46,001
- Tangible fixed assets -€17,051
down €17,051 (-3.5%), from €494,210 to €477,159
of which Land and buildings: -€17,418
- Short-term financial debts +€30,000
up €30,000 (+15.0%), from €200,000 to €230,000
- Profit (loss) carried forward +€27,548
up €27,548 (+13.1%), from -€210,864 to -€183,316
- Accrued charges and deferred income -€17,654
down €17,654 (-100.0%), from €17,654 to €0
- Gross operating margin +€36,555
up €36,555 (+118.5%), from €30,836 to €67,392
- Depreciation -€22,158
down €22,158 (-52.5%), from €42,209 to €20,051
- Financial income +€1,809
up €1,809 (+13.6%), from €13,348 to €15,157
of which Financial income: +€1,809
- Other operating charges -€825
down €825 (-13.1%), from €6,308 to €5,484
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 | €764,134 | €798,358 | +€34,225 | +4.5% |
| Fixed assets | 21/28 | €494,460 | €477,409 | -€17,051 | -3.4% |
| Tangible fixed assets | 22/27 | €494,210 | €477,159 | -€17,051 | -3.5% |
| Land and buildings | 22 | €489,159 | €471,741 | -€17,418 | -3.6% |
| Furniture and vehicles | 24 | €5,052 | €5,418 | +€367 | +7.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €269,674 | €320,949 | +€51,276 | +19.0% |
| Amounts receivable within one year | 40/41 | €264,800 | €313,562 | +€48,762 | +18.4% |
| Trade receivables | 40 | €8,744 | €11,505 | +€2,761 | +31.6% |
| Other amounts receivable | 41 | €256,056 | €302,057 | +€46,001 | +18.0% |
| Cash at bank and in hand | 54/58 | €1,939 | €5,456 | +€3,517 | +181.4% |
| Deferred charges and accrued income | 490/1 | €2,935 | €1,932 | -€1,003 | -34.2% |
| Total equity and liabilities | 10/49 | €764,134 | €798,358 | +€34,225 | +4.5% |
| Equity | 10/15 | €183,802 | €211,350 | +€27,548 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €376,067 | €376,067 | = | 0.0% |
| Distributable reserves | 133 | €376,067 | €376,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,864 | -€183,316 | +€27,548 | +13.1% |
| Amounts payable | 17/49 | €580,332 | €587,008 | +€6,677 | +1.2% |
| Amounts payable after more than one year | 17 | €350,004 | €350,004 | = | 0.0% |
| Financial debts | 170/4 | €350,004 | €350,004 | = | 0.0% |
| Amounts payable within one year | 42/48 | €212,674 | €237,004 | +€24,330 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €200,000 | €230,000 | +€30,000 | +15.0% |
| Other loans | 439 | €200,000 | €230,000 | +€30,000 | +15.0% |
| Trade debts | 44 | €4,494 | €1,735 | -€2,759 | -61.4% |
| Suppliers | 440/4 | €4,494 | €1,735 | -€2,759 | -61.4% |
| Taxes, remuneration and social security | 45 | €8,179 | €5,269 | -€2,911 | -35.6% |
| Taxes | 450/3 | €8,179 | €5,269 | -€2,911 | -35.6% |
| Accrued charges and deferred income | 492/3 | €17,654 | €0 | -€17,654 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,209 | €20,051 | -€22,158 | -52.5% |
| Other operating charges | 640/8 | €6,308 | €5,484 | -€825 | -13.1% |
| Gross operating margin | 9900 | €30,836 | €67,392 | +€36,555 | +118.5% |
| Operating profit (loss) | 9901 | -€17,681 | €41,857 | +€59,538 | |
| Financial income | 75/76B | €13,348 | €15,157 | +€1,809 | +13.6% |
| Recurring financial income | 75 | €13,348 | €15,157 | +€1,809 | +13.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €28,800 | €28,987 | +€187 | +0.6% |
| Recurring financial charges | 65 | €28,800 | €28,987 | +€187 | +0.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€33,133 | €28,026 | +€61,159 | |
| Income taxes | 67/77 | €456 | €478 | +€22 | +4.8% |
| Profit (loss) for the period | 9904 | -€33,590 | €27,548 | +€61,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,590 | €27,548 | +€61,138 |
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 11 October 2026 via checked.be.