DEWICKE-VAN LOO: 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.
DEWICKE-VAN LOO
Largest movements
- Cash +€187,886
up €187,886 (+11.9%), from €1.6m to €1.8m
mainly Net result for the year (+€418,381) and Depreciation (+€215,904)
- Tangible fixed assets -€150,246
down €150,246 (-6.4%), from €2.3m to €2.2m
of which Land and buildings: -€101,393
- Receivables within one year +€66,966
up €66,966 (+18.8%), from €356,335 to €423,301
of which Trade receivables: +€53,761
- Deferred charges and accrued income -€50,560
down €50,560 (-70.2%), from €72,030 to €21,470
- Reserves +€418,381
up €418,381 (+27.7%), from €1.5m to €1.9m
of which Distributable reserves: +€406,007
- Debts after one year -€205,733
down €205,733 (-10.8%), from €1.9m to €1.7m
of which Financial debts: -€228,334
- Trade debts -€106,205
down €106,205 (-19.4%), from €546,505 to €440,300
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tax, wage and social debts +€85,781
up €85,781 (+162%), from €52,955 to €138,736
of which Taxes: +€85,861
- Gross operating margin -€572,661
down €572,661 (-37.8%), from €1.5m to €944,201
- Depreciation -€119,008
down €119,008 (-35.5%), from €334,913 to €215,904
- Taxes -€103,870
down €103,870 (-35.6%), from €292,148 to €188,278
- Financial charges +€26,670
up €26,670 (+49.0%), from €54,432 to €81,102
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,520,553 | €4,579,659 | +€59,106 | +1.3% |
| Fixed assets | 21/28 | €2,358,817 | €2,208,152 | -€150,665 | -6.4% |
| Tangible fixed assets | 22/27 | €2,339,510 | €2,189,264 | -€150,246 | -6.4% |
| Land and buildings | 22 | €2,023,181 | €1,921,788 | -€101,393 | -5.0% |
| Plant, machinery and equipment | 23 | €217,750 | €181,498 | -€36,252 | -16.6% |
| Furniture and vehicles | 24 | €98,580 | €85,978 | -€12,601 | -12.8% |
| Financial fixed assets | 28 | €19,307 | €18,888 | -€419 | -2.2% |
| Current assets | 29/58 | €2,161,735 | €2,371,506 | +€209,771 | +9.7% |
| Stocks and contracts in progress | 3 | €145,886 | €164,528 | +€18,641 | +12.8% |
| Stocks | 30/36 | €145,886 | €164,528 | +€18,641 | +12.8% |
| Amounts receivable within one year | 40/41 | €356,335 | €423,301 | +€66,966 | +18.8% |
| Trade receivables | 40 | €275,603 | €329,364 | +€53,761 | +19.5% |
| Other amounts receivable | 41 | €80,732 | €93,937 | +€13,205 | +16.4% |
| Current investments | 50/53 | €13,162 | - | -€13,162 | |
| Cash at bank and in hand | 54/58 | €1,574,322 | €1,762,208 | +€187,886 | +11.9% |
| Deferred charges and accrued income | 490/1 | €72,030 | €21,470 | -€50,560 | -70.2% |
| Total equity and liabilities | 10/49 | €4,520,553 | €4,579,659 | +€59,106 | +1.3% |
| Equity | 10/15 | €1,646,074 | €2,048,957 | +€402,884 | +24.5% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €1,512,012 | €1,930,392 | +€418,381 | +27.7% |
| Non-distributable reserves | 130/1 | €8,676 | €0 | -€8,676 | -100% |
| Reserves not available under the articles | 1311 | €8,676 | €0 | -€8,676 | -100% |
| Tax-exempt reserves | 132 | €505,200 | €526,250 | +€21,050 | +4.2% |
| Distributable reserves | 133 | €998,136 | €1,404,142 | +€406,007 | +40.7% |
| Investment grants | 15 | €47,299 | €31,802 | -€15,497 | -32.8% |
| Amounts payable | 17/49 | €2,874,479 | €2,530,702 | -€343,777 | -12.0% |
| Amounts payable after more than one year | 17 | €1,912,576 | €1,706,843 | -€205,733 | -10.8% |
| Financial debts | 170/4 | €1,709,584 | €1,481,250 | -€228,334 | -13.4% |
| Other amounts payable | 178/9 | €202,992 | €225,593 | +€22,601 | +11.1% |
| Amounts payable within one year | 42/48 | €942,794 | €807,370 | -€135,424 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €243,334 | €228,334 | -€15,000 | -6.2% |
| Trade debts | 44 | €546,505 | €440,300 | -€106,205 | -19.4% |
| Suppliers | 440/4 | €546,505 | €440,300 | -€106,205 | -19.4% |
| Taxes, remuneration and social security | 45 | €52,955 | €138,736 | +€85,781 | +162% |
| Taxes | 450/3 | €50,229 | €136,090 | +€85,861 | +171% |
| Remuneration and social security | 454/9 | €2,727 | €2,647 | -€80 | -2.9% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Accrued charges and deferred income | 492/3 | €19,110 | €16,489 | -€2,621 | -13.7% |
| Non-recurring operating income | 76A | - | €2,345 | +€2,345 | |
| Remuneration, social security and pensions | 62 | €40,728 | €42,510 | +€1,783 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334,913 | €215,904 | -€119,008 | -35.5% |
| Other operating charges | 640/8 | €10,093 | €15,714 | +€5,621 | +55.7% |
| Gross operating margin | 9900 | €1,516,862 | €944,201 | -€572,661 | -37.8% |
| Operating profit (loss) | 9901 | €1,131,128 | €670,073 | -€461,056 | -40.8% |
| Financial income | 75/76B | €26,308 | €17,688 | -€8,620 | -32.8% |
| Recurring financial income | 75 | €26,308 | €17,688 | -€8,620 | -32.8% |
| Financial charges | 65/66B | €54,432 | €81,102 | +€26,670 | +49.0% |
| Recurring financial charges | 65 | €54,432 | €81,102 | +€26,670 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €1,103,005 | €606,659 | -€496,346 | -45.0% |
| Income taxes | 67/77 | €292,148 | €188,278 | -€103,870 | -35.6% |
| Profit (loss) for the period | 9904 | €810,857 | €418,381 | -€392,477 | -48.4% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Transfer to tax-exempt reserves | 689 | €421,000 | €105,250 | -€315,750 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €389,857 | €397,331 | +€7,473 | +1.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.