Dewolf Debels Technix: 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 Debels Technix
Largest movements
- Tangible fixed assets +€276,037
up €276,037 (+875%), from €31,545 to €307,581
of which Land and buildings: +€280,304
- Cash -€64,106
down €64,106 (-66.5%), from €96,454 to €32,348
mainly Investment in fixed assets (net) (-€290,023) and Receivables within one year (-€47,965)
- Receivables within one year +€47,965
up €47,965 (+261%), from €18,395 to €66,360
of which Other amounts receivable: +€35,000
- Debts after one year +€267,119
up €267,119 (+1,635%), from €16,339 to €283,457
- Accrued charges and deferred income -€13,911
down €13,911 (-79.0%), from €17,601 to €3,690
- Current portion of long-term debt +€10,380
up €10,380 (+177%), from €5,849 to €16,228
- Gross operating margin -€67,447
down €67,447 (-71.4%), from €94,445 to €26,998
- Taxes -€21,182
down €21,182 (-97.3%), from €21,768 to €586
- Depreciation +€3,493
up €3,493 (+33.2%), from €10,508 to €14,001
- Financial charges +€2,155
up €2,155 (+102%), from €2,121 to €4,276
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 | €162,075 | €420,318 | +€258,243 | +159% |
| Fixed assets | 21/28 | €36,157 | €312,179 | +€276,022 | +763% |
| Intangible fixed assets | 21 | €3,092 | €4,598 | +€1,506 | +48.7% |
| Tangible fixed assets | 22/27 | €31,545 | €307,581 | +€276,037 | +875% |
| Land and buildings | 22 | - | €280,304 | +€280,304 | |
| Furniture and vehicles | 24 | €31,545 | €27,277 | -€4,267 | -13.5% |
| Financial fixed assets | 28 | €1,520 | €0 | -€1,520 | -100% |
| Current assets | 29/58 | €125,919 | €108,139 | -€17,779 | -14.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,395 | €66,360 | +€47,965 | +261% |
| Trade receivables | 40 | €18,395 | €31,360 | +€12,965 | +70.5% |
| Other amounts receivable | 41 | - | €35,000 | +€35,000 | |
| Cash at bank and in hand | 54/58 | €96,454 | €32,348 | -€64,106 | -66.5% |
| Deferred charges and accrued income | 490/1 | €11,070 | €9,431 | -€1,638 | -14.8% |
| Total equity and liabilities | 10/49 | €162,075 | €420,318 | +€258,243 | +159% |
| Equity | 10/15 | €68,395 | €69,805 | +€1,410 | +2.1% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €63,895 | €65,305 | +€1,410 | +2.2% |
| Distributable reserves | 133 | €63,895 | €65,305 | +€1,410 | +2.2% |
| Amounts payable | 17/49 | €93,680 | €350,513 | +€256,833 | +274% |
| Amounts payable after more than one year | 17 | €16,339 | €283,457 | +€267,119 | +1,635% |
| Financial debts | 170/4 | €16,339 | €283,457 | +€267,119 | +1,635% |
| Amounts payable within one year | 42/48 | €59,740 | €63,366 | +€3,626 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €5,849 | €16,228 | +€10,380 | +177% |
| Trade debts | 44 | €6,374 | €2,398 | -€3,976 | -62.4% |
| Suppliers | 440/4 | €6,374 | €2,398 | -€3,976 | -62.4% |
| Taxes, remuneration and social security | 45 | €36,957 | €34,341 | -€2,615 | -7.1% |
| Taxes | 450/3 | €36,957 | €34,341 | -€2,615 | -7.1% |
| Other amounts payable | 47/48 | €10,561 | €10,399 | -€162 | -1.5% |
| Accrued charges and deferred income | 492/3 | €17,601 | €3,690 | -€13,911 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,508 | €14,001 | +€3,493 | +33.2% |
| Other operating charges | 640/8 | €828 | €894 | +€66 | +8.0% |
| Non-recurring operating charges | 66A | €791 | €5,831 | +€5,040 | +637% |
| Gross operating margin | 9900 | €94,445 | €26,998 | -€67,447 | -71.4% |
| Operating profit (loss) | 9901 | €82,318 | €6,271 | -€76,047 | -92.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €2,121 | €4,276 | +€2,155 | +102% |
| Recurring financial charges | 65 | €2,121 | €4,276 | +€2,155 | +102% |
| Profit (loss) for the period before taxes | 9903 | €80,202 | €1,996 | -€78,207 | -97.5% |
| Income taxes | 67/77 | €21,768 | €586 | -€21,182 | -97.3% |
| Profit (loss) for the period | 9904 | €58,434 | €1,410 | -€57,024 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,434 | €1,410 | -€57,024 | -97.6% |
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 20 October 2026 via checked.be.