DW FLOOR: what changed
Two fiscal 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 FLOOR
Largest movements
- Receivables within one year +€28,594
up €28,594 (+117.0%), from €24,434 to €53,028
of which Trade receivables: +€21,055
- Cash -€20,844
down €20,844 (-74.2%), from €28,080 to €7,236
mainly Receivables within one year (-€28,594) and Debts after one year (-€19,079)
- Stocks and contracts +€11,664
up €11,664 (+7.3%), from €160,819 to €172,482
- Tax, wage and social debts +€19,254
up €19,254 (+51.3%), from €37,553 to €56,807
- Debts after one year -€19,079
down €19,079 (-71.9%), from €26,540 to €7,460
- Profit (loss) carried forward +€14,305
up €14,305 (+27.3%), from €52,333 to €66,638
- Short-term financial debts +€5,000
up €5,000 (+10.6%), from €47,000 to €52,000
- Trade debts +€2,428
up €2,428 (+95.1%), from €2,555 to €4,983
- Gross operating margin -€27,473
down €27,473 (-33.1%), from €83,004 to €55,532
- Taxes -€8,434
down €8,434 (-44.2%), from €19,070 to €10,635
- Financial charges +€4,463
up €4,463 (+120.2%), from €3,712 to €8,175
- Write-downs +€1,632
up €1,632 (+94.2%), from €1,731 to €3,363
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.
Cash bridge derived
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 | €217,983 | €240,418 | +€22,435 | +10.3% |
| Fixed assets | 21/28 | €4,338 | €7,355 | +€3,018 | +69.6% |
| Intangible fixed assets | 21 | - | €1,615 | +€1,615 | |
| Tangible fixed assets | 22/27 | €1,070 | €2,473 | +€1,403 | +131.2% |
| Plant, machinery and equipment | 23 | €1,070 | - | -€1,070 | |
| Furniture and vehicles | 24 | - | €2,473 | +€2,473 | |
| Financial fixed assets | 28 | €3,268 | €3,268 | = | 0.0% |
| Current assets | 29/58 | €213,645 | €233,063 | +€19,418 | +9.1% |
| Stocks and contracts in progress | 3 | €160,819 | €172,482 | +€11,664 | +7.3% |
| Stocks | 30/36 | €160,819 | €172,482 | +€11,664 | +7.3% |
| Amounts receivable within one year | 40/41 | €24,434 | €53,028 | +€28,594 | +117.0% |
| Trade receivables | 40 | €24,434 | €45,489 | +€21,055 | +86.2% |
| Other amounts receivable | 41 | - | €7,540 | +€7,540 | |
| Cash at bank and in hand | 54/58 | €28,080 | €7,236 | -€20,844 | -74.2% |
| Deferred charges and accrued income | 490/1 | €313 | €316 | +€3 | +1.0% |
| Total equity and liabilities | 10/49 | €217,983 | €240,418 | +€22,435 | +10.3% |
| Equity | 10/15 | €72,333 | €86,638 | +€14,305 | +19.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,333 | €66,638 | +€14,305 | +27.3% |
| Amounts payable | 17/49 | €145,650 | €153,781 | +€8,131 | +5.6% |
| Amounts payable after more than one year | 17 | €26,540 | €7,460 | -€19,079 | -71.9% |
| Financial debts | 170/4 | €26,540 | €7,460 | -€19,079 | -71.9% |
| Amounts payable within one year | 42/48 | €119,110 | €146,320 | +€27,210 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €18,840 | €19,079 | +€240 | +1.3% |
| Financial debts | 43 | €47,000 | €52,000 | +€5,000 | +10.6% |
| Other loans | 439 | €47,000 | €52,000 | +€5,000 | +10.6% |
| Trade debts | 44 | €2,555 | €4,983 | +€2,428 | +95.1% |
| Suppliers | 440/4 | €2,555 | €4,983 | +€2,428 | +95.1% |
| Taxes, remuneration and social security | 45 | €37,553 | €56,807 | +€19,254 | +51.3% |
| Taxes | 450/3 | €37,553 | €56,807 | +€19,254 | +51.3% |
| Other amounts payable | 47/48 | €13,164 | €13,451 | +€287 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,100 | €1,668 | -€432 | -20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,731 | €3,363 | +€1,632 | +94.2% |
| Other operating charges | 640/8 | €171 | €400 | +€229 | +134.2% |
| Non-recurring operating charges | 66A | - | €66 | +€66 | |
| Gross operating margin | 9900 | €83,004 | €55,532 | -€27,473 | -33.1% |
| Operating profit (loss) | 9901 | €79,002 | €50,035 | -€28,968 | -36.7% |
| Financial income | 75/76B | €103 | €21 | -€82 | -79.2% |
| Recurring financial income | 75 | €103 | €21 | -€82 | -79.2% |
| Financial charges | 65/66B | €3,712 | €8,175 | +€4,463 | +120.2% |
| Recurring financial charges | 65 | €3,712 | €8,175 | +€4,463 | +120.2% |
| Profit (loss) for the period before taxes | 9903 | €75,394 | €41,881 | -€33,512 | -44.4% |
| Income taxes | 67/77 | €19,070 | €10,635 | -€8,434 | -44.2% |
| Profit (loss) for the period | 9904 | €56,324 | €31,246 | -€25,078 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,324 | €31,246 | -€25,078 | -44.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.