DIWEL: 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.
DIWEL
Largest movements
- Stocks and contracts -€301,689
down €301,689 (-28.3%), from €1.1m to €764,523
- Cash +€275,118
up €275,118 (+1,881%), from €14,626 to €289,744
mainly Stocks and contracts (+€301,689) and Current portion of long-term debt (+€58,771)
- Receivables within one year +€26,390
up €26,390 (+116%), from €22,832 to €49,223
of which Other amounts receivable: +€43,547
- Other debts -€89,976
down €89,976 (-11.4%), from €790,951 to €700,975
- Current portion of long-term debt +€58,771
up €58,771 (+26.3%), from €223,124 to €281,895
- Tax, wage and social debts +€58,721
up €58,721 (+488%), from €12,026 to €70,747
- Trade debts -€20,558
down €20,558 (-31.4%), from €65,372 to €44,814
- Gross operating margin -€63,287
down €63,287 (-74.3%), from €85,201 to €21,914
- Taxes -€4,596
down €4,596 (-100%), from €4,596 to €0
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 | €1,105,193 | €1,109,403 | +€4,211 | +0.4% |
| Fixed assets | 21/28 | €500 | €4,101 | +€3,601 | +720% |
| Financial fixed assets | 28 | €500 | €4,101 | +€3,601 | +720% |
| Current assets | 29/58 | €1,104,693 | €1,105,302 | +€609 | +0.1% |
| Stocks and contracts in progress | 3 | €1,066,213 | €764,523 | -€301,689 | -28.3% |
| Stocks | 30/36 | €1,066,213 | €764,523 | -€301,689 | -28.3% |
| Amounts receivable within one year | 40/41 | €22,832 | €49,223 | +€26,390 | +116% |
| Trade receivables | 40 | €22,832 | €5,675 | -€17,157 | -75.1% |
| Other amounts receivable | 41 | €0 | €43,547 | +€43,547 | |
| Cash at bank and in hand | 54/58 | €14,626 | €289,744 | +€275,118 | +1,881% |
| Deferred charges and accrued income | 490/1 | €1,022 | €1,813 | +€791 | +77.4% |
| Total equity and liabilities | 10/49 | €1,105,193 | €1,109,403 | +€4,211 | +0.4% |
| Equity | 10/15 | €13,720 | €10,973 | -€2,746 | -20.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,720 | €8,973 | -€2,746 | -23.4% |
| Amounts payable | 17/49 | €1,091,473 | €1,098,430 | +€6,957 | +0.6% |
| Amounts payable within one year | 42/48 | €1,091,473 | €1,098,430 | +€6,957 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €223,124 | €281,895 | +€58,771 | +26.3% |
| Trade debts | 44 | €65,372 | €44,814 | -€20,558 | -31.4% |
| Suppliers | 440/4 | €65,372 | €44,814 | -€20,558 | -31.4% |
| Taxes, remuneration and social security | 45 | €12,026 | €70,747 | +€58,721 | +488% |
| Taxes | 450/3 | €12,026 | €70,747 | +€58,721 | +488% |
| Other amounts payable | 47/48 | €790,951 | €700,975 | -€89,976 | -11.4% |
| Non-recurring operating income | 76A | €464 | €1,016 | +€552 | +119% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €50 | €544 | +€494 | +989% |
| Gross operating margin | 9900 | €85,201 | €21,914 | -€63,287 | -74.3% |
| Operating profit (loss) | 9901 | €84,764 | €20,970 | -€63,794 | -75.3% |
| Financial income | 75/76B | €0 | €39 | +€39 | +15,015% |
| Recurring financial income | 75 | €0 | €39 | +€39 | +15,015% |
| Financial charges | 65/66B | €23,894 | €23,756 | -€138 | -0.6% |
| Recurring financial charges | 65 | €23,894 | €23,756 | -€138 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €60,870 | -€2,746 | -€63,617 | |
| Income taxes | 67/77 | €4,596 | €0 | -€4,596 | -100% |
| Profit (loss) for the period | 9904 | €56,274 | -€2,746 | -€59,021 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,274 | -€2,746 | -€59,021 |
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.