DEWINE: what changed
Two fiscal 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.
DEWINE
Largest movements
- Stocks and contracts -€15,087
down €15,087 (-32.1%), from €47,009 to €31,922
- Receivables within one year -€7,781
down €7,781 (-26.0%), from €29,931 to €22,150
- Cash +€2,425
up €2,425 (+11.0%), from €22,132 to €24,556
mainly Stocks and contracts (+€15,087) and Receivables within one year (+€7,781)
- Trade debts -€12,112
down €12,112 (-24.1%), from €50,274 to €38,162
- Other debts -€9,299
down €9,299 (-5.9%), from €156,437 to €147,137
- Tax, wage and social debts -€2,748
down €2,748 (-21.7%), from €12,637 to €9,889
- Profit (loss) carried forward +€2,550
up €2,550 (+1.9%), from -€137,304 to -€134,753
- Gross operating margin -€12,588
down €12,588 (-32.7%), from €38,456 to €25,868
- Other operating charges -€4,923
down €4,923 (-18.0%), from €27,333 to €22,410
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 | €100,644 | €79,035 | -€21,609 | -21.5% |
| Fixed assets | 21/28 | €880 | €176 | -€704 | -80.0% |
| Tangible fixed assets | 22/27 | €880 | €176 | -€704 | -80.0% |
| Furniture and vehicles | 24 | €880 | €176 | -€704 | -80.0% |
| Current assets | 29/58 | €99,763 | €78,858 | -€20,905 | -21.0% |
| Stocks and contracts in progress | 3 | €47,009 | €31,922 | -€15,087 | -32.1% |
| Stocks | 30/36 | €47,009 | €31,922 | -€15,087 | -32.1% |
| Amounts receivable within one year | 40/41 | €29,931 | €22,150 | -€7,781 | -26.0% |
| Trade receivables | 40 | €29,931 | €22,150 | -€7,781 | -26.0% |
| Cash at bank and in hand | 54/58 | €22,132 | €24,556 | +€2,425 | +11.0% |
| Deferred charges and accrued income | 490/1 | €692 | €230 | -€462 | -66.7% |
| Total equity and liabilities | 10/49 | €100,644 | €79,035 | -€21,609 | -21.5% |
| Equity | 10/15 | -€118,704 | -€116,153 | +€2,550 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,304 | -€134,753 | +€2,550 | +1.9% |
| Amounts payable | 17/49 | €219,348 | €195,188 | -€24,160 | -11.0% |
| Amounts payable within one year | 42/48 | €219,348 | €195,188 | -€24,160 | -11.0% |
| Trade debts | 44 | €50,274 | €38,162 | -€12,112 | -24.1% |
| Suppliers | 440/4 | €50,274 | €38,162 | -€12,112 | -24.1% |
| Taxes, remuneration and social security | 45 | €12,637 | €9,889 | -€2,748 | -21.7% |
| Taxes | 450/3 | €12,637 | €9,889 | -€2,748 | -21.7% |
| Other amounts payable | 47/48 | €156,437 | €147,137 | -€9,299 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €552 | €704 | +€152 | +27.6% |
| Other operating charges | 640/8 | €27,333 | €22,410 | -€4,923 | -18.0% |
| Gross operating margin | 9900 | €38,456 | €25,868 | -€12,588 | -32.7% |
| Operating profit (loss) | 9901 | €10,571 | €2,754 | -€7,817 | -73.9% |
| Financial income | 75/76B | €6 | €22 | +€15 | +240.9% |
| Recurring financial income | 75 | €6 | €22 | +€15 | +240.9% |
| Financial charges | 65/66B | €80 | €226 | +€146 | +182.2% |
| Recurring financial charges | 65 | €80 | €226 | +€146 | +182.2% |
| Profit (loss) for the period before taxes | 9903 | €10,497 | €2,550 | -€7,947 | -75.7% |
| Profit (loss) for the period | 9904 | €10,497 | €2,550 | -€7,947 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,497 | €2,550 | -€7,947 | -75.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.