DEWULF SALES & LOGISTICS: 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 SALES & LOGISTICS
Largest movements
- Receivables within one year -€28,373
down €28,373 (-13.6%), from €208,399 to €180,026
of which Trade receivables: -€31,274
- Cash -€9,548
down €9,548 (-60.0%), from €15,923 to €6,375
mainly Trade debts (-€57,233)
- Trade debts -€57,233
down €57,233 (-43.8%), from €130,683 to €73,450
- Reserves +€14,484
up €14,484 (+17.0%), from €85,049 to €99,533
- Tax, wage and social debts +€4,828
up €4,828 (+202%), from €2,390 to €7,218
- Gross operating margin -€34,133
down €34,133 (-63.9%), from €53,420 to €19,288
- Taxes -€9,562
down €9,562 (-66.4%), from €14,390 to €4,828
- Financial income +€601
up €601 (+34,349%), from €2 to €603
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 | €224,322 | €186,402 | -€37,920 | -16.9% |
| Current assets | 29/58 | €224,322 | €186,402 | -€37,920 | -16.9% |
| Amounts receivable within one year | 40/41 | €208,399 | €180,026 | -€28,373 | -13.6% |
| Trade receivables | 40 | €208,160 | €176,886 | -€31,274 | -15.0% |
| Other amounts receivable | 41 | €239 | €3,140 | +€2,901 | +1,213% |
| Cash at bank and in hand | 54/58 | €15,923 | €6,375 | -€9,548 | -60.0% |
| Total equity and liabilities | 10/49 | €224,322 | €186,402 | -€37,920 | -16.9% |
| Equity | 10/15 | €91,249 | €105,733 | +€14,484 | +15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,049 | €99,533 | +€14,484 | +17.0% |
| Distributable reserves | 133 | €85,049 | €99,533 | +€14,484 | +17.0% |
| Amounts payable | 17/49 | €133,073 | €80,668 | -€52,404 | -39.4% |
| Amounts payable within one year | 42/48 | €133,073 | €80,668 | -€52,404 | -39.4% |
| Trade debts | 44 | €130,683 | €73,450 | -€57,233 | -43.8% |
| Suppliers | 440/4 | €130,683 | €73,450 | -€57,233 | -43.8% |
| Taxes, remuneration and social security | 45 | €2,390 | €7,218 | +€4,828 | +202% |
| Taxes | 450/3 | €2,390 | €7,218 | +€4,828 | +202% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €53,420 | €19,288 | -€34,133 | -63.9% |
| Operating profit (loss) | 9901 | €52,907 | €18,760 | -€34,147 | -64.5% |
| Financial income | 75/76B | €2 | €603 | +€601 | +34,349% |
| Recurring financial income | 75 | €2 | €603 | +€601 | +34,349% |
| Financial charges | 65/66B | €48 | €51 | +€2 | +4.7% |
| Recurring financial charges | 65 | €48 | €51 | +€2 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €52,860 | €19,312 | -€33,548 | -63.5% |
| Income taxes | 67/77 | €14,390 | €4,828 | -€9,562 | -66.4% |
| Profit (loss) for the period | 9904 | €38,470 | €14,484 | -€23,986 | -62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,470 | €14,484 | -€23,986 | -62.3% |
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 25 October 2026 via checked.be.