DEWISPELAERE: 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.
DEWISPELAERE
Largest movements
- Receivables after one year +€140,624
up €140,624 (+31.1%), from €452,000 to €592,624
- Receivables within one year -€79,933
down €79,933 (-18.4%), from €433,707 to €353,775
of which Trade receivables: -€81,833
- Tangible fixed assets -€34,068
down €34,068 (-19.1%), from €178,191 to €144,123
of which Furniture and vehicles: -€54,056
- Cash +€15,210
up €15,210 (+7.5%), from €201,562 to €216,772
mainly Other debts (+€129,895) and Net result for the year (+€89,816)
- Other debts +€129,895
up €129,895 (+38.4%), from €338,143 to €468,038
- Reserves -€47,287
down €47,287 (-6.7%), from €705,701 to €658,414
- Tax, wage and social debts -€27,370
down €27,370 (-45.6%), from €59,981 to €32,612
of which Taxes: -€26,089
- Debts after one year -€23,657
down €23,657 (-59.6%), from €39,713 to €16,056
- Accrued charges and deferred income +€17,626
up €17,626 (+298%), from €5,924 to €23,551
- Gross operating margin -€35,769
down €35,769 (-11.5%), from €312,386 to €276,617
- Taxes -€20,293
down €20,293 (-30.4%), from €66,830 to €46,536
- Other operating charges +€11,162
up €11,162 (+127%), from €8,796 to €19,957
- Financial income +€8,480
up €8,480 (+45.8%), from €18,530 to €27,010
- Financial charges +€6,666
up €6,666 (+41.3%), from €16,155 to €22,821
of which Financial charges: +€6,952
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.
Derived cash bridge
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 | €1,295,154 | €1,338,380 | +€43,225 | +3.3% |
| Fixed assets | 21/28 | €199,362 | €160,832 | -€38,530 | -19.3% |
| Intangible fixed assets | 21 | €21,172 | €16,710 | -€4,462 | -21.1% |
| Tangible fixed assets | 22/27 | €178,191 | €144,123 | -€34,068 | -19.1% |
| Plant, machinery and equipment | 23 | €2,381 | €2,757 | +€377 | +15.8% |
| Furniture and vehicles | 24 | €175,810 | €121,754 | -€54,056 | -30.7% |
| Other tangible fixed assets | 26 | - | €19,612 | +€19,612 | |
| Current assets | 29/58 | €1,095,792 | €1,177,547 | +€81,755 | +7.5% |
| Amounts receivable after more than one year | 29 | €452,000 | €592,624 | +€140,624 | +31.1% |
| Other amounts receivable | 291 | €452,000 | €592,624 | +€140,624 | +31.1% |
| Amounts receivable within one year | 40/41 | €433,707 | €353,775 | -€79,933 | -18.4% |
| Trade receivables | 40 | €313,707 | €231,874 | -€81,833 | -26.1% |
| Other amounts receivable | 41 | €120,000 | €121,901 | +€1,901 | +1.6% |
| Cash at bank and in hand | 54/58 | €201,562 | €216,772 | +€15,210 | +7.5% |
| Deferred charges and accrued income | 490/1 | €8,523 | €14,376 | +€5,853 | +68.7% |
| Total equity and liabilities | 10/49 | €1,295,154 | €1,338,380 | +€43,225 | +3.3% |
| Equity | 10/15 | €718,101 | €670,814 | -€47,287 | -6.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €705,701 | €658,414 | -€47,287 | -6.7% |
| Distributable reserves | 133 | €705,701 | €658,414 | -€47,287 | -6.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €577,054 | €667,566 | +€90,512 | +15.7% |
| Amounts payable after more than one year | 17 | €39,713 | €16,056 | -€23,657 | -59.6% |
| Financial debts | 170/4 | €39,713 | €16,056 | -€23,657 | -59.6% |
| Amounts payable within one year | 42/48 | €531,416 | €627,959 | +€96,543 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €36,677 | €37,113 | +€436 | +1.2% |
| Trade debts | 44 | €96,615 | €90,196 | -€6,419 | -6.6% |
| Suppliers | 440/4 | €96,615 | €90,196 | -€6,419 | -6.6% |
| Taxes, remuneration and social security | 45 | €59,981 | €32,612 | -€27,370 | -45.6% |
| Taxes | 450/3 | €50,573 | €24,484 | -€26,089 | -51.6% |
| Remuneration and social security | 454/9 | €9,408 | €8,127 | -€1,280 | -13.6% |
| Other amounts payable | 47/48 | €338,143 | €468,038 | +€129,895 | +38.4% |
| Accrued charges and deferred income | 492/3 | €5,924 | €23,551 | +€17,626 | +298% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €53,657 | €56,944 | +€3,287 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,443 | €66,854 | +€3,411 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €698 | +€698 | |
| Other operating charges | 640/8 | €8,796 | €19,957 | +€11,162 | +127% |
| Gross operating margin | 9900 | €312,386 | €276,617 | -€35,769 | -11.5% |
| Operating profit (loss) | 9901 | €186,491 | €132,164 | -€54,326 | -29.1% |
| Financial income | 75/76B | €18,530 | €27,010 | +€8,480 | +45.8% |
| Recurring financial income | 75 | €18,530 | €27,010 | +€8,480 | +45.8% |
| Financial charges | 65/66B | €16,155 | €22,821 | +€6,666 | +41.3% |
| Recurring financial charges | 65 | €15,185 | €22,137 | +€6,952 | +45.8% |
| Non-recurring financial charges | 66B | €970 | €685 | -€285 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €188,865 | €136,353 | -€52,513 | -27.8% |
| Income taxes | 67/77 | €66,830 | €46,536 | -€20,293 | -30.4% |
| Profit (loss) for the period | 9904 | €122,035 | €89,816 | -€32,219 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €122,035 | €89,816 | -€32,219 | -26.4% |
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 13 October 2026 via checked.be.