DEWULF OLIVIER: 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.
DEWULF OLIVIER
Largest movements
- Receivables within one year -€6,173
down €6,173 (-7.3%), from €84,941 to €78,768
of which Other amounts receivable: -€6,173
- Reserves +€21,340
up €21,340 (+5.5%), from €391,499 to €412,839
of which Distributable reserves: +€21,340
- Tax, wage and social debts -€12,485
down €12,485 (-41.2%), from €30,313 to €17,827
- Current portion of long-term debt -€11,023
down €11,023 (-66.3%), from €16,613 to €5,590
- Debts after one year -€5,590
down €5,590 (-100%), from €5,590 to €0
- Gross operating margin -€1,758
down €1,758 (-5.4%), from €32,594 to €30,836
- Financial income -€853
down €853 (-40.5%), from €2,106 to €1,253
- Taxes -€777
down €777 (-8.2%), from €9,435 to €8,658
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €471,141 | €463,402 | -€7,739 | -1.6% |
| Fixed assets | 21/28 | €384,487 | €384,487 | = | 0.0% |
| Financial fixed assets | 28 | €384,487 | €384,487 | = | 0.0% |
| Current assets | 29/58 | €86,654 | €78,916 | -€7,739 | -8.9% |
| Amounts receivable within one year | 40/41 | €84,941 | €78,768 | -€6,173 | -7.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €84,941 | €78,768 | -€6,173 | -7.3% |
| Cash at bank and in hand | 54/58 | €1,713 | €148 | -€1,566 | -91.4% |
| Total equity and liabilities | 10/49 | €471,141 | €463,402 | -€7,739 | -1.6% |
| Equity | 10/15 | €410,099 | €431,439 | +€21,340 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €391,499 | €412,839 | +€21,340 | +5.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €391,499 | €412,839 | +€21,340 | +5.5% |
| Provisions and deferred taxes | 16 | €6,977 | €6,977 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,977 | €6,977 | = | 0.0% |
| Pensions and similar obligations | 160 | €6,977 | €6,977 | = | 0.0% |
| Amounts payable | 17/49 | €54,065 | €24,987 | -€29,078 | -53.8% |
| Amounts payable after more than one year | 17 | €5,590 | €0 | -€5,590 | -100% |
| Financial debts | 170/4 | €5,590 | €0 | -€5,590 | -100% |
| Amounts payable within one year | 42/48 | €47,474 | €23,987 | -€23,488 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €16,613 | €5,590 | -€11,023 | -66.3% |
| Trade debts | 44 | €548 | €569 | +€20 | +3.7% |
| Suppliers | 440/4 | €548 | €569 | +€20 | +3.7% |
| Taxes, remuneration and social security | 45 | €30,313 | €17,827 | -€12,485 | -41.2% |
| Taxes | 450/3 | €30,313 | €17,827 | -€12,485 | -41.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,065 | €1,062 | -€3 | -0.3% |
| Gross operating margin | 9900 | €32,594 | €30,836 | -€1,758 | -5.4% |
| Operating profit (loss) | 9901 | €31,529 | €29,774 | -€1,755 | -5.6% |
| Financial income | 75/76B | €2,106 | €1,253 | -€853 | -40.5% |
| Recurring financial income | 75 | €2,106 | €1,253 | -€853 | -40.5% |
| Financial charges | 65/66B | €918 | €1,030 | +€112 | +12.2% |
| Recurring financial charges | 65 | €918 | €1,030 | +€112 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €32,717 | €29,998 | -€2,720 | -8.3% |
| Income taxes | 67/77 | €9,435 | €8,658 | -€777 | -8.2% |
| Profit (loss) for the period | 9904 | €23,282 | €21,340 | -€1,943 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,282 | €21,340 | -€1,943 | -8.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.