DW AUTOMATION: 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.
DW AUTOMATION
Largest movements
- Receivables within one year -€28,573
down €28,573 (-95.2%), from €30,001 to €1,428
of which Trade receivables: -€27,173
- Cash -€26,697
down €26,697 (-78.7%), from €33,939 to €7,242
mainly Debts after one year (-€29,528) and Stocks and contracts (-€25,750)
- Stocks and contracts +€25,750
up €25,750 (+22.2%), from €116,045 to €141,795
of which Stocks: +€13,500
- Intangible fixed assets -€9,207
down €9,207 (-42.5%), from €21,687 to €12,480
- Tangible fixed assets +€3,810
up €3,810 (+11.5%), from €33,009 to €36,819
of which Other tangible fixed assets: +€3,704
- Debts after one year -€29,528
down €29,528 (-24.9%), from €118,761 to €89,233
of which Financial debts: -€18,594
- Trade debts -€18,303
down €18,303 (-34.6%), from €52,929 to €34,626
- Tax, wage and social debts +€10,468
up €10,468 (+46.1%), from €22,715 to €33,183
- Current portion of long-term debt +€3,199
up €3,199 (+19.9%), from €16,092 to €19,291
- Gross operating margin -€4,049
down €4,049 (-15.1%), from €26,871 to €22,822
- Taxes -€3,814
down €3,814 (-73.9%), from €5,160 to €1,345
- Financial income -€3,524
down €3,524 (-99.2%), from €3,552 to €28
- Financial charges +€3,034
up €3,034 (+46.6%), from €6,512 to €9,547
- Write-downs +€2,023
no longer reported in 2024 (was -€2,023)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,614 | €246,454 | -€34,160 | -12.2% |
| Fixed assets | 21/28 | €99,696 | €94,299 | -€5,398 | -5.4% |
| Intangible fixed assets | 21 | €21,687 | €12,480 | -€9,207 | -42.5% |
| Tangible fixed assets | 22/27 | €33,009 | €36,819 | +€3,810 | +11.5% |
| Plant, machinery and equipment | 23 | €31,875 | €31,246 | -€630 | -2.0% |
| Furniture and vehicles | 24 | €1,134 | €1,869 | +€735 | +64.8% |
| Other tangible fixed assets | 26 | - | €3,704 | +€3,704 | |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €180,918 | €152,155 | -€28,763 | -15.9% |
| Stocks and contracts in progress | 3 | €116,045 | €141,795 | +€25,750 | +22.2% |
| Stocks | 30/36 | €65,045 | €78,545 | +€13,500 | +20.8% |
| Contracts in progress | 37 | €51,000 | €63,250 | +€12,250 | +24.0% |
| Amounts receivable within one year | 40/41 | €30,001 | €1,428 | -€28,573 | -95.2% |
| Trade receivables | 40 | €28,601 | €1,428 | -€27,173 | -95.0% |
| Other amounts receivable | 41 | €1,400 | - | -€1,400 | |
| Cash at bank and in hand | 54/58 | €33,939 | €7,242 | -€26,697 | -78.7% |
| Deferred charges and accrued income | 490/1 | €933 | €1,691 | +€758 | +81.2% |
| Total equity and liabilities | 10/49 | €280,614 | €246,454 | -€34,160 | -12.2% |
| Equity | 10/15 | €41,699 | €41,955 | +€256 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,099 | €23,355 | +€256 | +1.1% |
| Non-distributable reserves | 130/1 | €429 | €429 | = | 0.0% |
| Reserves not available under the articles | 1311 | €429 | €429 | = | 0.0% |
| Distributable reserves | 133 | €22,670 | €22,926 | +€256 | +1.1% |
| Amounts payable | 17/49 | €238,915 | €204,499 | -€34,416 | -14.4% |
| Amounts payable after more than one year | 17 | €118,761 | €89,233 | -€29,528 | -24.9% |
| Financial debts | 170/4 | €43,908 | €25,315 | -€18,594 | -42.3% |
| Other amounts payable | 178/9 | €74,853 | €63,919 | -€10,934 | -14.6% |
| Amounts payable within one year | 42/48 | €119,408 | €112,100 | -€7,308 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €16,092 | €19,291 | +€3,199 | +19.9% |
| Financial debts | 43 | €25,032 | €25,000 | -€32 | -0.1% |
| Credit institutions | 430/8 | €25,032 | €25,000 | -€32 | -0.1% |
| Trade debts | 44 | €52,929 | €34,626 | -€18,303 | -34.6% |
| Suppliers | 440/4 | €52,929 | €34,626 | -€18,303 | -34.6% |
| Taxes, remuneration and social security | 45 | €22,715 | €33,183 | +€10,468 | +46.1% |
| Taxes | 450/3 | €22,715 | €33,183 | +€10,468 | +46.1% |
| Other amounts payable | 47/48 | €2,640 | - | -€2,640 | |
| Accrued charges and deferred income | 492/3 | €746 | €3,166 | +€2,420 | +324% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,809 | €10,333 | +€1,524 | +17.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,023 | - | +€2,023 | |
| Other operating charges | 640/8 | €1,494 | €1,369 | -€125 | -8.4% |
| Gross operating margin | 9900 | €26,871 | €22,822 | -€4,049 | -15.1% |
| Operating profit (loss) | 9901 | €18,591 | €11,120 | -€7,471 | -40.2% |
| Financial income | 75/76B | €3,552 | €28 | -€3,524 | -99.2% |
| Recurring financial income | 75 | €3,552 | €28 | -€3,524 | -99.2% |
| Financial charges | 65/66B | €6,512 | €9,547 | +€3,034 | +46.6% |
| Recurring financial charges | 65 | €6,512 | €9,547 | +€3,034 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €15,631 | €1,601 | -€14,030 | -89.8% |
| Income taxes | 67/77 | €5,160 | €1,345 | -€3,814 | -73.9% |
| Profit (loss) for the period | 9904 | €10,471 | €256 | -€10,215 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,471 | €256 | -€10,215 | -97.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.