DEWOLF JOEL SRL: 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 JOEL SRL
Largest movements
- Tangible fixed assets +€36,786
up €36,786 (+124%), from €29,775 to €66,561
of which Plant, machinery and equipment: +€31,210
- Receivables within one year +€35,699
up €35,699 (+117%), from €30,630 to €66,329
of which Other amounts receivable: +€35,312
- Cash +€23,124
up €23,124 (+149%), from €15,550 to €38,674
mainly Net result for the year (+€52,354) and Trade debts (+€25,574)
- Reserves +€52,354
up €52,354 (+109%), from €47,868 to €100,222
- Trade debts +€25,574
up €25,574 (+1,049%), from €2,438 to €28,012
- Tax, wage and social debts +€18,101
up €18,101 (+83.3%), from €21,736 to €39,837
- Gross operating margin +€6,430
up €6,430 (+8.5%), from €75,647 to €82,077
- Taxes +€1,721
up €1,721 (+9.5%), from €18,182 to €19,903
- Financial income +€1,303
up €1,303 (+111%), from €1,171 to €2,474
- Financial charges +€1,227
up €1,227 (+55.8%), from €2,197 to €3,424
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 | €76,042 | €172,071 | +€96,029 | +126% |
| Fixed assets | 21/28 | €29,775 | €66,561 | +€36,786 | +124% |
| Tangible fixed assets | 22/27 | €29,775 | €66,561 | +€36,786 | +124% |
| Land and buildings | 22 | €8,865 | €10,147 | +€1,282 | +14.5% |
| Plant, machinery and equipment | 23 | €2,927 | €34,138 | +€31,210 | +1,066% |
| Furniture and vehicles | 24 | €17,982 | €22,276 | +€4,294 | +23.9% |
| Current assets | 29/58 | €46,267 | €105,510 | +€59,242 | +128% |
| Amounts receivable within one year | 40/41 | €30,630 | €66,329 | +€35,699 | +117% |
| Trade receivables | 40 | €143 | €530 | +€387 | +270% |
| Other amounts receivable | 41 | €30,487 | €65,799 | +€35,312 | +116% |
| Cash at bank and in hand | 54/58 | €15,550 | €38,674 | +€23,124 | +149% |
| Deferred charges and accrued income | 490/1 | €87 | €507 | +€420 | +484% |
| Total equity and liabilities | 10/49 | €76,042 | €172,071 | +€96,029 | +126% |
| Equity | 10/15 | €51,868 | €104,222 | +€52,354 | +101% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €47,868 | €100,222 | +€52,354 | +109% |
| Distributable reserves | 133 | €47,868 | €100,222 | +€52,354 | +109% |
| Amounts payable | 17/49 | €24,174 | €67,848 | +€43,675 | +181% |
| Amounts payable within one year | 42/48 | €24,174 | €67,848 | +€43,675 | +181% |
| Trade debts | 44 | €2,438 | €28,012 | +€25,574 | +1,049% |
| Suppliers | 440/4 | €2,438 | €28,012 | +€25,574 | +1,049% |
| Taxes, remuneration and social security | 45 | €21,736 | €39,837 | +€18,101 | +83.3% |
| Taxes | 450/3 | €21,736 | €39,837 | +€18,101 | +83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,850 | €8,095 | +€245 | +3.1% |
| Other operating charges | 640/8 | €720 | €774 | +€54 | +7.4% |
| Gross operating margin | 9900 | €75,647 | €82,077 | +€6,430 | +8.5% |
| Operating profit (loss) | 9901 | €67,077 | €73,207 | +€6,131 | +9.1% |
| Financial income | 75/76B | €1,171 | €2,474 | +€1,303 | +111% |
| Recurring financial income | 75 | €1,171 | €2,474 | +€1,303 | +111% |
| Financial charges | 65/66B | €2,197 | €3,424 | +€1,227 | +55.8% |
| Recurring financial charges | 65 | €2,197 | €3,424 | +€1,227 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €66,051 | €72,258 | +€6,207 | +9.4% |
| Income taxes | 67/77 | €18,182 | €19,903 | +€1,721 | +9.5% |
| Profit (loss) for the period | 9904 | €47,868 | €52,354 | +€4,486 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,868 | €52,354 | +€4,486 | +9.4% |
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 19 October 2026 via checked.be.