DuwezTech: 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.
DuwezTech
Largest movements
- Receivables within one year +€35,037
up €35,037 (+135%), from €25,978 to €61,014
of which Other amounts receivable: +€30,802
- Cash -€24,364
down €24,364 (-46.0%), from €52,917 to €28,552
mainly Contributions, distributions and other (-€50,104) and Receivables within one year (-€35,037)
- Tangible fixed assets -€8,729
down €8,729 (-42.8%), from €20,399 to €11,671
of which Furniture and vehicles: -€8,200
- Deferred charges and accrued income +€1,907
new in 2025: €1,907
- Other debts +€44,319
new in 2025: €44,319
- Profit (loss) carried forward -€30,381
no longer reported in 2025 (was €30,381)
- Reserves -€20,352
down €20,352 (-45.9%), from €44,370 to €24,018
- Tax, wage and social debts +€11,628
up €11,628 (+139%), from €8,363 to €19,991
- Debts after one year -€5,737
down €5,737 (-79.9%), from €7,179 to €1,443
- Gross operating margin -€38,045
down €38,045 (-77.2%), from €49,253 to €11,208
- Taxes -€7,742
down €7,742 (-92.6%), from €8,363 to €620
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 | €99,294 | €103,144 | +€3,851 | +3.9% |
| Fixed assets | 21/28 | €20,399 | €11,671 | -€8,729 | -42.8% |
| Tangible fixed assets | 22/27 | €20,399 | €11,671 | -€8,729 | -42.8% |
| Plant, machinery and equipment | 23 | €1,541 | €1,012 | -€528 | -34.3% |
| Furniture and vehicles | 24 | €18,859 | €10,658 | -€8,200 | -43.5% |
| Current assets | 29/58 | €78,894 | €91,473 | +€12,579 | +15.9% |
| Amounts receivable within one year | 40/41 | €25,978 | €61,014 | +€35,037 | +135% |
| Trade receivables | 40 | €19,959 | €24,194 | +€4,235 | +21.2% |
| Other amounts receivable | 41 | €6,019 | €36,821 | +€30,802 | +512% |
| Cash at bank and in hand | 54/58 | €52,917 | €28,552 | -€24,364 | -46.0% |
| Deferred charges and accrued income | 490/1 | - | €1,907 | +€1,907 | |
| Total equity and liabilities | 10/49 | €99,294 | €103,144 | +€3,851 | +3.9% |
| Equity | 10/15 | €77,750 | €27,018 | -€50,732 | -65.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,370 | €24,018 | -€20,352 | -45.9% |
| Distributable reserves | 133 | €44,370 | €24,018 | -€20,352 | -45.9% |
| Profit (loss) carried forward | 14 | €30,381 | - | -€30,381 | |
| Amounts payable | 17/49 | €21,543 | €76,126 | +€54,583 | +253% |
| Amounts payable after more than one year | 17 | €7,179 | €1,443 | -€5,737 | -79.9% |
| Financial debts | 170/4 | €7,179 | €1,443 | -€5,737 | -79.9% |
| Amounts payable within one year | 42/48 | €14,364 | €74,683 | +€60,319 | +420% |
| Current portion of amounts payable after more than one year | 42 | €5,681 | €5,737 | +€55 | +1.0% |
| Trade debts | 44 | €320 | €4,637 | +€4,317 | +1,351% |
| Suppliers | 440/4 | €320 | €4,637 | +€4,317 | +1,351% |
| Taxes, remuneration and social security | 45 | €8,363 | €19,991 | +€11,628 | +139% |
| Taxes | 450/3 | €8,363 | €19,991 | +€11,628 | +139% |
| Other amounts payable | 47/48 | - | €44,319 | +€44,319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,726 | €10,129 | +€403 | +4.1% |
| Other operating charges | 640/8 | €528 | €878 | +€350 | +66.2% |
| Gross operating margin | 9900 | €49,253 | €11,208 | -€38,045 | -77.2% |
| Operating profit (loss) | 9901 | €38,999 | €202 | -€38,797 | -99.5% |
| Financial charges | 65/66B | €256 | €209 | -€46 | -18.1% |
| Recurring financial charges | 65 | €256 | €209 | -€46 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €38,743 | -€7 | -€38,751 | |
| Income taxes | 67/77 | €8,363 | €620 | -€7,742 | -92.6% |
| Profit (loss) for the period | 9904 | €30,381 | -€628 | -€31,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,381 | -€628 | -€31,009 |
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 16 October 2026 via checked.be.