DEWIT: 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.
DEWIT
Largest movements
- Current investments +€289,384
up €289,384 (+53.7%), from €539,059 to €828,444
- Tangible fixed assets -€158,965
down €158,965 (-14.6%), from €1.1m to €929,527
of which Furniture and vehicles: -€165,018
- Cash -€91,045
down €91,045 (-7.1%), from €1.3m to €1.2m
mainly Current investments (-€289,384) and Investment in fixed assets (net) (-€225,700)
- Receivables within one year -€82,245
down €82,245 (-38.0%), from €216,448 to €134,204
of which Trade receivables: -€83,495
- Debts after one year -€214,496
down €214,496 (-36.7%), from €585,192 to €370,696
- Reserves +€210,160
up €210,160 (+10.4%), from €2.0m to €2.2m
of which Distributable reserves: +€274,938
- Other debts -€48,067
down €48,067 (-46.1%), from €104,301 to €56,234
- Gross operating margin +€95,672
up €95,672 (+13.8%), from €691,557 to €787,229
- Financial income +€36,904
up €36,904 (+381%), from €9,692 to €46,596
- Taxes +€28,219
up €28,219 (+30.9%), from €91,181 to €119,401
- Depreciation +€21,306
up €21,306 (+5.9%), from €363,359 to €384,665
- Staff costs +€15,792
up €15,792 (+18.2%), from €86,577 to €102,369
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 | €3,135,683 | €3,093,962 | -€41,721 | -1.3% |
| Fixed assets | 21/28 | €1,088,492 | €929,527 | -€158,965 | -14.6% |
| Tangible fixed assets | 22/27 | €1,088,492 | €929,527 | -€158,965 | -14.6% |
| Land and buildings | 22 | €59,500 | €61,694 | +€2,194 | +3.7% |
| Plant, machinery and equipment | 23 | €1,974 | €5,834 | +€3,859 | +195% |
| Furniture and vehicles | 24 | €1,027,017 | €862,000 | -€165,018 | -16.1% |
| Current assets | 29/58 | €2,047,191 | €2,164,435 | +€117,244 | +5.7% |
| Amounts receivable within one year | 40/41 | €216,448 | €134,204 | -€82,245 | -38.0% |
| Trade receivables | 40 | €216,135 | €132,640 | -€83,495 | -38.6% |
| Other amounts receivable | 41 | €313 | €1,563 | +€1,251 | +400% |
| Current investments | 50/53 | €539,059 | €828,444 | +€289,384 | +53.7% |
| Cash at bank and in hand | 54/58 | €1,285,843 | €1,194,798 | -€91,045 | -7.1% |
| Deferred charges and accrued income | 490/1 | €5,841 | €6,990 | +€1,149 | +19.7% |
| Total equity and liabilities | 10/49 | €3,135,683 | €3,093,962 | -€41,721 | -1.3% |
| Equity | 10/15 | €2,077,492 | €2,287,652 | +€210,160 | +10.1% |
| Contributions | 10/11 | €57,016 | €57,016 | = | 0.0% |
| Reserves | 13 | €2,020,476 | €2,230,637 | +€210,160 | +10.4% |
| Tax-exempt reserves | 132 | €239,961 | €175,183 | -€64,778 | -27.0% |
| Distributable reserves | 133 | €1,780,515 | €2,055,453 | +€274,938 | +15.4% |
| Provisions and deferred taxes | 16 | €39,750 | €23,556 | -€16,195 | -40.7% |
| Deferred taxes | 168 | €39,750 | €23,556 | -€16,195 | -40.7% |
| Amounts payable | 17/49 | €1,018,441 | €782,755 | -€235,686 | -23.1% |
| Amounts payable after more than one year | 17 | €585,192 | €370,696 | -€214,496 | -36.7% |
| Financial debts | 170/4 | €585,192 | €370,696 | -€214,496 | -36.7% |
| Amounts payable within one year | 42/48 | €433,249 | €412,058 | -€21,191 | -4.9% |
| Financial debts | 43 | €213,713 | €214,496 | +€782 | +0.4% |
| Credit institutions | 430/8 | €213,713 | €214,496 | +€782 | +0.4% |
| Trade debts | 44 | €42,175 | €64,698 | +€22,523 | +53.4% |
| Suppliers | 440/4 | €42,175 | €64,698 | +€22,523 | +53.4% |
| Taxes, remuneration and social security | 45 | €73,060 | €76,630 | +€3,571 | +4.9% |
| Taxes | 450/3 | €71,086 | €73,757 | +€2,671 | +3.8% |
| Remuneration and social security | 454/9 | €1,974 | €2,874 | +€900 | +45.6% |
| Other amounts payable | 47/48 | €104,301 | €56,234 | -€48,067 | -46.1% |
| Non-recurring operating income | 76A | €37,500 | €83,000 | +€45,500 | +121% |
| Remuneration, social security and pensions | 62 | €86,577 | €102,369 | +€15,792 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363,359 | €384,665 | +€21,306 | +5.9% |
| Other operating charges | 640/8 | €1,301 | €6,517 | +€5,217 | +401% |
| Gross operating margin | 9900 | €691,557 | €787,229 | +€95,672 | +13.8% |
| Operating profit (loss) | 9901 | €240,320 | €293,678 | +€53,358 | +22.2% |
| Financial income | 75/76B | €9,692 | €46,596 | +€36,904 | +381% |
| Recurring financial income | 75 | €9,692 | €46,596 | +€36,904 | +381% |
| Financial charges | 65/66B | €21,496 | €26,908 | +€5,412 | +25.2% |
| Recurring financial charges | 65 | €21,496 | €26,908 | +€5,412 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €228,517 | €313,366 | +€84,850 | +37.1% |
| Transfer from deferred taxes | 780 | €16,600 | €16,195 | -€405 | -2.4% |
| Income taxes | 67/77 | €91,181 | €119,401 | +€28,219 | +30.9% |
| Profit (loss) for the period | 9904 | €153,935 | €210,160 | +€56,225 | +36.5% |
| Transfer from tax-exempt reserves | 789 | €66,400 | €64,778 | -€1,622 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €220,335 | €274,938 | +€54,603 | +24.8% |
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.