DEWOLF: 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.
DEWOLF
Largest movements
- Current investments -€240,218
down €240,218 (-100%), from €240,218 to €0
- Cash +€190,040
up €190,040 (+652%), from €29,165 to €219,205
mainly Current investments (+€240,218) and Net result for the year (+€1,027)
- Receivables within one year +€37,743
up €37,743 (+6,562%), from €575 to €38,319
- Debts after one year -€13,285
down €13,285 (-100%), from €13,285 to €0
- Gross operating margin +€2,460
up €2,460, from -€192 to €2,269
- Financial charges +€639
up €639 (+236%), from €270 to €909
- Other operating charges +€48
up €48 (+3.0%), from €1,594 to €1,642
- Financial income -€41
down €41 (-3.1%), from €1,351 to €1,310
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 | €297,640 | €285,075 | -€12,565 | -4.2% |
| Fixed assets | 21/28 | €27,512 | €27,512 | = | 0.0% |
| Tangible fixed assets | 22/27 | €27,512 | €27,512 | = | 0.0% |
| Land and buildings | 22 | €27,512 | €27,512 | = | 0.0% |
| Current assets | 29/58 | €270,128 | €257,563 | -€12,565 | -4.7% |
| Amounts receivable within one year | 40/41 | €575 | €38,319 | +€37,743 | +6,562% |
| Other amounts receivable | 41 | €575 | €38,319 | +€37,743 | +6,562% |
| Current investments | 50/53 | €240,218 | €0 | -€240,218 | -100% |
| Cash at bank and in hand | 54/58 | €29,165 | €219,205 | +€190,040 | +652% |
| Deferred charges and accrued income | 490/1 | €170 | €39 | -€131 | -77.0% |
| Total equity and liabilities | 10/49 | €297,640 | €285,075 | -€12,565 | -4.2% |
| Equity | 10/15 | €283,673 | €284,700 | +€1,027 | +0.4% |
| Contributions | 10/11 | €142,600 | €142,600 | = | 0.0% |
| Reserves | 13 | €151,016 | €151,016 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €151,016 | €151,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,943 | -€8,916 | +€1,027 | +10.3% |
| Amounts payable | 17/49 | €13,967 | €375 | -€13,592 | -97.3% |
| Amounts payable after more than one year | 17 | €13,285 | €0 | -€13,285 | -100% |
| Other amounts payable | 178/9 | €13,285 | €0 | -€13,285 | -100% |
| Amounts payable within one year | 42/48 | €634 | €324 | -€310 | -48.9% |
| Trade debts | 44 | €634 | €128 | -€506 | -79.8% |
| Suppliers | 440/4 | €634 | €128 | -€506 | -79.8% |
| Taxes, remuneration and social security | 45 | - | €196 | +€196 | |
| Taxes | 450/3 | - | €196 | +€196 | |
| Accrued charges and deferred income | 492/3 | €47 | €51 | +€3 | +7.4% |
| Other operating charges | 640/8 | €1,594 | €1,642 | +€48 | +3.0% |
| Gross operating margin | 9900 | -€192 | €2,269 | +€2,460 | |
| Operating profit (loss) | 9901 | -€1,786 | €626 | +€2,412 | |
| Financial income | 75/76B | €1,351 | €1,310 | -€41 | -3.1% |
| Recurring financial income | 75 | €1,351 | €1,310 | -€41 | -3.1% |
| Financial charges | 65/66B | €270 | €909 | +€639 | +236% |
| Recurring financial charges | 65 | €270 | €909 | +€639 | +236% |
| Profit (loss) for the period before taxes | 9903 | -€705 | €1,027 | +€1,732 | |
| Profit (loss) for the period | 9904 | -€705 | €1,027 | +€1,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€705 | €1,027 | +€1,732 |
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 23 October 2026 via checked.be.