DEWOLF ADVICE: 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 ADVICE
Largest movements
- Receivables within one year +€20,943
up €20,943 (+377.8%), from €5,544 to €26,487
of which Trade receivables: +€24,700
- Cash -€632
down €632 (-6.8%), from €9,230 to €8,599
mainly Receivables within one year (-€20,943)
- Profit (loss) carried forward +€20,312
up €20,312 (+71.5%), from -€28,426 to -€8,115
- Gross operating margin +€28,813
up €28,813, from -€8,501 to €20,312
- Turnover +€22,816
up €22,816 (+2011.1%), from €1,134 to €23,950
- Purchases and services -€5,247
down €5,247 (-54.5%), from €9,635 to €4,388
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 | €14,774 | €35,085 | +€20,312 | +137.5% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €14,774 | €35,085 | +€20,312 | +137.5% |
| Amounts receivable within one year | 40/41 | €5,544 | €26,487 | +€20,943 | +377.8% |
| Trade receivables | 40 | €0 | €24,700 | +€24,700 | |
| Other amounts receivable | 41 | €5,544 | €1,787 | -€3,757 | -67.8% |
| Cash at bank and in hand | 54/58 | €9,230 | €8,599 | -€632 | -6.8% |
| Total equity and liabilities | 10/49 | €14,774 | €35,085 | +€20,312 | +137.5% |
| Equity | 10/15 | €14,774 | €35,085 | +€20,312 | +137.5% |
| Contributions | 10/11 | €43,200 | €43,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,426 | -€8,115 | +€20,312 | +71.5% |
| Turnover | 70 | €1,134 | €23,950 | +€22,816 | +2011.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,635 | €4,388 | -€5,247 | -54.5% |
| Non-recurring operating charges | 66A | €933 | - | -€933 | |
| Gross operating margin | 9900 | -€8,501 | €20,312 | +€28,813 | |
| Operating profit (loss) | 9901 | -€9,434 | €20,312 | +€29,745 | |
| Profit (loss) for the period before taxes | 9903 | -€9,434 | €20,312 | +€29,745 | |
| Profit (loss) for the period | 9904 | -€9,434 | €20,312 | +€29,745 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,434 | €20,312 | +€29,745 |
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 9 October 2026 via checked.be.