DEWIGEST: what changed
What changed
DEWIGEST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€122,742
2024 · €340,592-€217,850
Equity
€873,124
2024 · €828,382+€44,742
Cash
€145,596
2024 · €77,283+€68,313
Balance sheet total
€1.1m
2024 · €1.0m+€87,651
Largest movements
Assets
- Receivables within one year -€261,943
down €261,943 (-62.8%), from €417,328 to €155,385
of which Trade receivables: -€302,641
- Current investments +€250,000
new in 2025: €250,000
- Cash +€68,313
up €68,313 (+88.4%), from €77,283 to €145,596
mainly Receivables within one year (+€261,943) and Net result for the year (+€122,742)
- Tangible fixed assets +€27,061
up €27,061 (+5.5%), from €491,962 to €519,022
of which Furniture and vehicles: +€46,436
Equity and liabilities
- Reserves +€122,000
up €122,000 (+18.7%), from €651,446 to €773,446
of which Distributable reserves: +€122,000
- Profit (loss) carried forward -€77,258
down €77,258 (-67.2%), from €114,936 to €37,678
- Other debts +€73,500
up €73,500 (+75.8%), from €96,930 to €170,430
- Current portion of long-term debt -€33,366
no longer reported in 2025 (was €33,366)
Income statement
- Gross operating margin -€320,262
down €320,262 (-59.3%), from €539,828 to €219,565
- Taxes -€102,489
down €102,489 (-65.0%), from €157,624 to €55,135
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
€340,592
Gross operating margin
-€320,262
Depreciation
+€3,353
Other operating charges
-€785
Financial income
-€3,105
Financial charges
+€460
Taxes
+€102,489
Result 2025
€122,742
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
+€490,309
Investment
-€310,630
Financing
-€111,366
Cash 2024
€77,283
From operations (derived)
+€490,309
Net result for the year
+€122,742
Depreciation
+€33,569
Receivables within one year
+€261,943
Deferred charges and accrued income
-€4,221
Trade debts
+€1,267
Tax, wage and social debts
-€2,839
Other debts
+€73,500
Accrued charges and deferred income
+€4,347
Investment (derived)
-€310,630
Investment in fixed assets (net)
-€60,630
Current investments
-€250,000
Financing
-€111,366
Current portion of long-term debt
-€33,366
Contributions, distributions and other
-€78,000
Cash 2025
€145,596
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,000,581 | €1,088,231 | +€87,651 | +8.8% |
| Formation expenses | 20 | €8,565 | €8,565 | = | 0.0% |
| Fixed assets | 21/28 | €492,137 | €519,198 | +€27,061 | +5.5% |
| Tangible fixed assets | 22/27 | €491,962 | €519,022 | +€27,061 | +5.5% |
| Land and buildings | 22 | €344,355 | €330,129 | -€14,226 | -4.1% |
| Plant, machinery and equipment | 23 | €47,515 | €42,366 | -€5,149 | -10.8% |
| Furniture and vehicles | 24 | €100,091 | €146,527 | +€46,436 | +46.4% |
| Financial fixed assets | 28 | €176 | €176 | = | 0.0% |
| Current assets | 29/58 | €499,879 | €560,469 | +€60,590 | +12.1% |
| Amounts receivable within one year | 40/41 | €417,328 | €155,385 | -€261,943 | -62.8% |
| Trade receivables | 40 | €401,000 | €98,359 | -€302,641 | -75.5% |
| Other amounts receivable | 41 | €16,328 | €57,026 | +€40,698 | +249% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €77,283 | €145,596 | +€68,313 | +88.4% |
| Deferred charges and accrued income | 490/1 | €5,268 | €9,488 | +€4,221 | +80.1% |
| Total equity and liabilities | 10/49 | €1,000,581 | €1,088,231 | +€87,651 | +8.8% |
| Equity | 10/15 | €828,382 | €873,124 | +€44,742 | +5.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €651,446 | €773,446 | +€122,000 | +18.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €645,246 | €767,246 | +€122,000 | +18.9% |
| Profit (loss) carried forward | 14 | €114,936 | €37,678 | -€77,258 | -67.2% |
| Amounts payable | 17/49 | €172,198 | €215,107 | +€42,909 | +24.9% |
| Amounts payable within one year | 42/48 | €168,799 | €207,361 | +€38,562 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €33,366 | - | -€33,366 | |
| Trade debts | 44 | €148 | €1,415 | +€1,267 | +857% |
| Suppliers | 440/4 | €148 | €1,415 | +€1,267 | +857% |
| Taxes, remuneration and social security | 45 | €38,355 | €35,516 | -€2,839 | -7.4% |
| Taxes | 450/3 | €38,355 | €35,516 | -€2,839 | -7.4% |
| Other amounts payable | 47/48 | €96,930 | €170,430 | +€73,500 | +75.8% |
| Accrued charges and deferred income | 492/3 | €3,399 | €7,746 | +€4,347 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,923 | €33,569 | -€3,353 | -9.1% |
| Other operating charges | 640/8 | €6,913 | €7,698 | +€785 | +11.4% |
| Gross operating margin | 9900 | €539,828 | €219,565 | -€320,262 | -59.3% |
| Operating profit (loss) | 9901 | €495,992 | €178,298 | -€317,694 | -64.1% |
| Financial income | 75/76B | €4,771 | €1,666 | -€3,105 | -65.1% |
| Recurring financial income | 75 | €4,771 | €1,666 | -€3,105 | -65.1% |
| Financial charges | 65/66B | €2,547 | €2,087 | -€460 | -18.1% |
| Recurring financial charges | 65 | €2,547 | €2,087 | -€460 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €498,216 | €177,877 | -€320,339 | -64.3% |
| Income taxes | 67/77 | €157,624 | €55,135 | -€102,489 | -65.0% |
| Profit (loss) for the period | 9904 | €340,592 | €122,742 | -€217,850 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €340,592 | €122,742 | -€217,850 | -64.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.