DR. DEWEERDT LEEN: what changed
DR. DEWEERDT LEEN
Largest movements
- Tangible fixed assets +€148,706
up €148,706 (+28.9%), from €513,728 to €662,434
of which Land and buildings: +€262,994
- Cash +€13,039
up €13,039 (+14.4%), from €90,795 to €103,834
mainly Debts after one year (+€163,214) and Depreciation (+€33,579)
- Debts after one year +€163,214
up €163,214 (+54.1%), from €301,812 to €465,025
- Current portion of long-term debt -€11,333
down €11,333 (-84.2%), from €13,458 to €2,125
- Other operating charges -€46,895
down €46,895 (-93.4%), from €50,211 to €3,316
- Gross operating margin -€37,222
down €37,222 (-36.2%), from €102,932 to €65,710
- Depreciation +€20,624
up €20,624 (+159%), from €12,955 to €33,579
- Financial charges +€6,868
up €6,868 (+56.3%), from €12,195 to €19,062
- Taxes -€3,053
down €3,053 (-47.4%), from €6,438 to €3,385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €684,105 | €842,654 | +€158,548 | +23.2% |
| Fixed assets | 21/28 | €587,749 | €730,205 | +€142,456 | +24.2% |
| Intangible fixed assets | 21 | €30,208 | €23,958 | -€6,250 | -20.7% |
| Tangible fixed assets | 22/27 | €513,728 | €662,434 | +€148,706 | +28.9% |
| Land and buildings | 22 | €394,236 | €657,231 | +€262,994 | +66.7% |
| Plant, machinery and equipment | 23 | €6,225 | €5,203 | -€1,021 | -16.4% |
| Furniture and vehicles | 24 | €4,700 | - | -€4,700 | |
| Assets under construction and advance payments | 27 | €108,567 | - | -€108,567 | |
| Financial fixed assets | 28 | €43,813 | €43,813 | = | 0.0% |
| Current assets | 29/58 | €96,357 | €112,449 | +€16,092 | +16.7% |
| Amounts receivable within one year | 40/41 | €5,562 | €8,615 | +€3,053 | +54.9% |
| Other amounts receivable | 41 | €5,562 | €8,615 | +€3,053 | +54.9% |
| Cash at bank and in hand | 54/58 | €90,795 | €103,834 | +€13,039 | +14.4% |
| Total equity and liabilities | 10/49 | €684,105 | €842,654 | +€158,548 | +23.2% |
| Equity | 10/15 | €112,715 | €119,082 | +€6,367 | +5.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €107,715 | €114,082 | +€6,367 | +5.9% |
| Distributable reserves | 133 | €107,715 | €114,082 | +€6,367 | +5.9% |
| Amounts payable | 17/49 | €571,390 | €723,571 | +€152,181 | +26.6% |
| Amounts payable after more than one year | 17 | €301,812 | €465,025 | +€163,214 | +54.1% |
| Financial debts | 170/4 | €301,812 | €465,025 | +€163,214 | +54.1% |
| Amounts payable within one year | 42/48 | €269,579 | €258,546 | -€11,033 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €13,458 | €2,125 | -€11,333 | -84.2% |
| Trade debts | 44 | €3,042 | €1,519 | -€1,523 | -50.1% |
| Suppliers | 440/4 | €3,042 | €1,519 | -€1,523 | -50.1% |
| Other amounts payable | 47/48 | €253,079 | €254,902 | +€1,822 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,955 | €33,579 | +€20,624 | +159% |
| Other operating charges | 640/8 | €50,211 | €3,316 | -€46,895 | -93.4% |
| Gross operating margin | 9900 | €102,932 | €65,710 | -€37,222 | -36.2% |
| Operating profit (loss) | 9901 | €39,767 | €28,815 | -€10,952 | -27.5% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €12,195 | €19,062 | +€6,868 | +56.3% |
| Recurring financial charges | 65 | €12,195 | €19,062 | +€6,868 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €27,580 | €9,753 | -€17,827 | -64.6% |
| Income taxes | 67/77 | €6,438 | €3,385 | -€3,053 | -47.4% |
| Profit (loss) for the period | 9904 | €21,142 | €6,367 | -€14,774 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,142 | €6,367 | -€14,774 | -69.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.