DW COLOR: 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 COLOR
Largest movements
- Cash +€14,594
up €14,594 (+256%), from €5,699 to €20,293
mainly Net result for the year (+€15,795) and Other debts (+€13,000)
- Stocks and contracts -€2,626
down €2,626 (-5.5%), from €47,833 to €45,207
- Receivables within one year +€2,293
up €2,293 (+5.4%), from €42,787 to €45,080
of which Trade receivables: +€2,293
- Tangible fixed assets -€1,833
down €1,833 (-57.7%), from €3,179 to €1,346
- Profit (loss) carried forward +€15,795
up €15,795 (+2,038%), from €775 to €16,570
- Trade debts -€14,441
down €14,441 (-73.4%), from €19,672 to €5,231
of which Suppliers: -€14,246
- Other debts +€13,000
up €13,000 (+43.3%), from €30,006 to €43,006
- Debts after one year -€6,367
down €6,367 (-85.0%), from €7,491 to €1,124
- Tax, wage and social debts +€4,441
up €4,441 (+268%), from €1,660 to €6,101
- Gross operating margin +€28,231
up €28,231, from -€1,420 to €26,811
- Taxes +€7,312
up €7,312, from -€2,543 to €4,769
- Other operating charges +€3,564
up €3,564 (+475%), from €751 to €4,315
- Financial charges -€328
down €328 (-75.1%), from €437 to €109
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 | €99,604 | €112,032 | +€12,428 | +12.5% |
| Fixed assets | 21/28 | €3,285 | €1,452 | -€1,833 | -55.8% |
| Tangible fixed assets | 22/27 | €3,179 | €1,346 | -€1,833 | -57.7% |
| Furniture and vehicles | 24 | €3,179 | €1,346 | -€1,833 | -57.7% |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €96,319 | €110,580 | +€14,261 | +14.8% |
| Stocks and contracts in progress | 3 | €47,833 | €45,207 | -€2,626 | -5.5% |
| Stocks | 30/36 | €47,833 | €45,207 | -€2,626 | -5.5% |
| Amounts receivable within one year | 40/41 | €42,787 | €45,080 | +€2,293 | +5.4% |
| Trade receivables | 40 | €1,132 | €3,425 | +€2,293 | +203% |
| Other amounts receivable | 41 | €41,655 | €41,655 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,699 | €20,293 | +€14,594 | +256% |
| Total equity and liabilities | 10/49 | €99,604 | €112,032 | +€12,428 | +12.5% |
| Equity | 10/15 | €40,775 | €56,570 | +€15,795 | +38.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €775 | €16,570 | +€15,795 | +2,038% |
| Amounts payable | 17/49 | €58,829 | €55,462 | -€3,367 | -5.7% |
| Amounts payable after more than one year | 17 | €7,491 | €1,124 | -€6,367 | -85.0% |
| Financial debts | 170/4 | €7,491 | €1,124 | -€6,367 | -85.0% |
| Amounts payable within one year | 42/48 | €51,338 | €54,338 | +€3,000 | +5.8% |
| Trade debts | 44 | €19,672 | €5,231 | -€14,441 | -73.4% |
| Suppliers | 440/4 | €19,477 | €5,231 | -€14,246 | -73.1% |
| Bills of exchange payable | 441 | €195 | - | -€195 | |
| Taxes, remuneration and social security | 45 | €1,660 | €6,101 | +€4,441 | +268% |
| Taxes | 450/3 | €1,660 | €6,101 | +€4,441 | +268% |
| Other amounts payable | 47/48 | €30,006 | €43,006 | +€13,000 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,834 | €1,833 | -€1 | -0.1% |
| Other operating charges | 640/8 | €751 | €4,315 | +€3,564 | +475% |
| Gross operating margin | 9900 | -€1,420 | €26,811 | +€28,231 | |
| Operating profit (loss) | 9901 | -€4,005 | €20,663 | +€24,668 | |
| Financial income | 75/76B | €160 | €10 | -€150 | -93.8% |
| Recurring financial income | 75 | €160 | €10 | -€150 | -93.8% |
| Financial charges | 65/66B | €437 | €109 | -€328 | -75.1% |
| Recurring financial charges | 65 | €437 | €109 | -€328 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,282 | €20,564 | +€24,846 | |
| Income taxes | 67/77 | -€2,543 | €4,769 | +€7,312 | |
| Profit (loss) for the period | 9904 | -€1,739 | €15,795 | +€17,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,739 | €15,795 | +€17,534 |
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 30 October 2026 via checked.be.