DW Grondwerken: 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 Grondwerken
Largest movements
- Cash -€14,539
down €14,539 (-56.4%), from €25,780 to €11,241
mainly Other debts (-€16,244) and Contributions, distributions and other (-€14,686)
- Tangible fixed assets -€13,381
down €13,381 (-26.6%), from €50,301 to €36,919
of which Furniture and vehicles: -€12,888
- Receivables within one year +€4,324
up €4,324 (+12.3%), from €35,050 to €39,374
of which Trade receivables: +€12,625
- Other debts -€16,244
down €16,244 (-52.5%), from €30,930 to €14,686
- Debts after one year -€12,360
down €12,360 (-32.4%), from €38,122 to €25,762
- Trade debts +€4,644
up €4,644 (+1,332%), from €349 to €4,993
- Gross operating margin -€5,294
down €5,294 (-13.0%), from €40,754 to €35,460
- Other operating charges +€1,151
up €1,151 (+448%), from €257 to €1,408
- Taxes -€810
down €810 (-16.1%), from €5,048 to €4,237
- Depreciation -€628
down €628 (-4.5%), from €14,009 to €13,381
- Financial charges -€623
down €623 (-18.8%), from €3,307 to €2,683
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 | €111,170 | €87,574 | -€23,596 | -21.2% |
| Fixed assets | 21/28 | €50,341 | €36,959 | -€13,381 | -26.6% |
| Tangible fixed assets | 22/27 | €50,301 | €36,919 | -€13,381 | -26.6% |
| Plant, machinery and equipment | 23 | €1,493 | €1,000 | -€493 | -33.0% |
| Furniture and vehicles | 24 | €48,808 | €35,919 | -€12,888 | -26.4% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €60,829 | €50,614 | -€10,215 | -16.8% |
| Amounts receivable within one year | 40/41 | €35,050 | €39,374 | +€4,324 | +12.3% |
| Trade receivables | 40 | €13,973 | €26,598 | +€12,625 | +90.4% |
| Other amounts receivable | 41 | €21,077 | €12,776 | -€8,301 | -39.4% |
| Cash at bank and in hand | 54/58 | €25,780 | €11,241 | -€14,539 | -56.4% |
| Total equity and liabilities | 10/49 | €111,170 | €87,574 | -€23,596 | -21.2% |
| Equity | 10/15 | €24,137 | €24,130 | -€7 | 0.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €23,637 | €23,630 | -€7 | 0.0% |
| Distributable reserves | 133 | €23,637 | €23,630 | -€7 | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €87,033 | €63,444 | -€23,589 | -27.1% |
| Amounts payable after more than one year | 17 | €38,122 | €25,762 | -€12,360 | -32.4% |
| Financial debts | 170/4 | €38,122 | €25,762 | -€12,360 | -32.4% |
| Amounts payable within one year | 42/48 | €48,911 | €37,682 | -€11,229 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €11,673 | €12,360 | +€688 | +5.9% |
| Trade debts | 44 | €349 | €4,993 | +€4,644 | +1,332% |
| Suppliers | 440/4 | €349 | €4,993 | +€4,644 | +1,332% |
| Taxes, remuneration and social security | 45 | €5,959 | €5,643 | -€317 | -5.3% |
| Taxes | 450/3 | €5,959 | €5,643 | -€317 | -5.3% |
| Other amounts payable | 47/48 | €30,930 | €14,686 | -€16,244 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,009 | €13,381 | -€628 | -4.5% |
| Other operating charges | 640/8 | €257 | €1,408 | +€1,151 | +448% |
| Gross operating margin | 9900 | €40,754 | €35,460 | -€5,294 | -13.0% |
| Operating profit (loss) | 9901 | €26,488 | €20,671 | -€5,816 | -22.0% |
| Financial income | 75/76B | €799 | €928 | +€129 | +16.1% |
| Recurring financial income | 75 | €799 | €928 | +€129 | +16.1% |
| Financial charges | 65/66B | €3,307 | €2,683 | -€623 | -18.8% |
| Recurring financial charges | 65 | €3,307 | €2,683 | -€623 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €23,980 | €18,916 | -€5,065 | -21.1% |
| Income taxes | 67/77 | €5,048 | €4,237 | -€810 | -16.1% |
| Profit (loss) for the period | 9904 | €18,933 | €14,679 | -€4,254 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,933 | €14,679 | -€4,254 | -22.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.