DEWULF SANDER TECHNICS: 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 SANDER TECHNICS
Largest movements
- Tangible fixed assets -€27,603
down €27,603 (-26.0%), from €106,275 to €78,672
of which Furniture and vehicles: -€19,888
- Cash +€26,456
up €26,456 (+224%), from €11,832 to €38,288
mainly Debts after one year (+€41,329) and Depreciation (+€26,550)
- Receivables within one year -€21,227
down €21,227 (-93.0%), from €22,819 to €1,592
of which Trade receivables: -€12,306
- Trade debts -€75,712
down €75,712 (-94.4%), from €80,230 to €4,518
- Debts after one year +€41,329
up €41,329 (+517%), from €7,989 to €49,318
- Current portion of long-term debt +€15,000
up €15,000 (+219%), from €6,848 to €21,848
- Other debts -€14,719
down €14,719 (-96.5%), from €15,246 to €526
- Profit (loss) carried forward +€6,509
up €6,509 (+24.4%), from €26,659 to €33,167
- Gross operating margin +€22,319
up €22,319 (+135%), from €16,485 to €38,804
- Depreciation +€14,454
up €14,454 (+120%), from €12,095 to €26,550
- Financial charges +€2,489
up €2,489 (+1,553%), from €160 to €2,650
- Taxes +€690
up €690 (+48.1%), from €1,435 to €2,125
- Other operating charges +€520
up €520 (+115%), from €451 to €971
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 | €141,390 | €118,552 | -€22,838 | -16.2% |
| Fixed assets | 21/28 | €106,275 | €78,672 | -€27,603 | -26.0% |
| Tangible fixed assets | 22/27 | €106,275 | €78,672 | -€27,603 | -26.0% |
| Land and buildings | 22 | - | €1,254 | +€1,254 | |
| Plant, machinery and equipment | 23 | €2,685 | €2,910 | +€224 | +8.4% |
| Furniture and vehicles | 24 | €83,154 | €63,265 | -€19,888 | -23.9% |
| Leasing and similar rights | 25 | €20,436 | €11,243 | -€9,193 | -45.0% |
| Current assets | 29/58 | €35,115 | €39,880 | +€4,765 | +13.6% |
| Amounts receivable within one year | 40/41 | €22,819 | €1,592 | -€21,227 | -93.0% |
| Trade receivables | 40 | €13,020 | €714 | -€12,306 | -94.5% |
| Other amounts receivable | 41 | €9,799 | €878 | -€8,921 | -91.0% |
| Cash at bank and in hand | 54/58 | €11,832 | €38,288 | +€26,456 | +224% |
| Deferred charges and accrued income | 490/1 | €463 | €0 | -€463 | -100% |
| Total equity and liabilities | 10/49 | €141,390 | €118,552 | -€22,838 | -16.2% |
| Equity | 10/15 | €29,659 | €36,167 | +€6,509 | +21.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,659 | €33,167 | +€6,509 | +24.4% |
| Amounts payable | 17/49 | €111,731 | €82,384 | -€29,347 | -26.3% |
| Amounts payable after more than one year | 17 | €7,989 | €49,318 | +€41,329 | +517% |
| Financial debts | 170/4 | €7,989 | €49,318 | +€41,329 | +517% |
| Amounts payable within one year | 42/48 | €103,742 | €33,066 | -€70,676 | -68.1% |
| Current portion of amounts payable after more than one year | 42 | €6,848 | €21,848 | +€15,000 | +219% |
| Trade debts | 44 | €80,230 | €4,518 | -€75,712 | -94.4% |
| Suppliers | 440/4 | €80,230 | €4,518 | -€75,712 | -94.4% |
| Taxes, remuneration and social security | 45 | €1,418 | €6,173 | +€4,755 | +335% |
| Taxes | 450/3 | €1,418 | €6,173 | +€4,755 | +335% |
| Other amounts payable | 47/48 | €15,246 | €526 | -€14,719 | -96.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €2,836 | +€2,836 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,095 | €26,550 | +€14,454 | +120% |
| Other operating charges | 640/8 | €451 | €971 | +€520 | +115% |
| Gross operating margin | 9900 | €16,485 | €38,804 | +€22,319 | +135% |
| Operating profit (loss) | 9901 | €3,939 | €11,283 | +€7,344 | +186% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €160 | €2,650 | +€2,489 | +1,553% |
| Recurring financial charges | 65 | €160 | €2,650 | +€2,489 | +1,553% |
| Profit (loss) for the period before taxes | 9903 | €3,778 | €8,633 | +€4,855 | +129% |
| Income taxes | 67/77 | €1,435 | €2,125 | +€690 | +48.1% |
| Profit (loss) for the period | 9904 | €2,344 | €6,509 | +€4,165 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €2,344 | €6,509 | +€4,165 | +178% |
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 17 October 2026 via checked.be.