DW INTERNATIONAL: what changed
What changed
DW INTERNATIONAL
NACE 46.649, Wholesale of other machinery and equipment
filed annual accounts (NBB)
Net result for the year
€2,575
2024 · €5,514-€2,940
Equity
€2,726
2024 · €151+€2,575
Cash
-
2024 · €0
Balance sheet total
€54,858
2024 · €47,572+€7,286
Largest movements
Assets
- Receivables after one year +€5,104
up €5,104 (+17.9%), from €28,492 to €33,596
- Tangible fixed assets +€1,222
up €1,222 (+6.9%), from €17,655 to €18,876
of which Furniture and vehicles: +€1,621
- Deferred charges and accrued income +€789
up €789 (+57.4%), from €1,375 to €2,164
Equity and liabilities
- Other debts +€9,885
up €9,885 (+30.1%), from €32,839 to €42,724
- Trade debts -€3,262
down €3,262 (-59.9%), from €5,446 to €2,184
- Profit (loss) carried forward +€2,575
up €2,575 (+12.8%), from -€20,126 to -€17,552
- Tax, wage and social debts -€1,451
down €1,451 (-22.1%), from €6,578 to €5,127
- Accrued charges and deferred income -€789
down €789 (-100%), from €789 to €0
Income statement
- Gross operating margin -€5,327
down €5,327 (-42.6%), from €12,495 to €7,168
- Depreciation -€2,298
down €2,298 (-77.9%), from €2,950 to €651
- Financial charges +€342
up €342 (+43.0%), from €795 to €1,136
- Other operating charges -€246
down €246 (-12.1%), from €2,045 to €1,798
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,514
Gross operating margin
-€5,327
Depreciation
+€2,298
Other operating charges
+€246
Financial income
+€87
Financial charges
-€342
Taxes
+€98
Result 2025
€2,575
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,544
Investment
-€1,873
Financing
+€329
Cash 2024
€0
From operations (derived)
+€1,544
Net result for the year
+€2,575
Depreciation
+€651
Receivables after one year
-€5,104
Receivables within one year
-€171
Deferred charges and accrued income
-€789
Trade debts
-€3,262
Tax, wage and social debts
-€1,451
Other debts
+€9,885
Accrued charges and deferred income
-€789
Investment (derived)
-€1,873
Investment in fixed assets (net)
-€1,873
Financing
+€329
Short-term financial debts
+€329
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,572 | €54,858 | +€7,286 | +15.3% |
| Fixed assets | 21/28 | €17,705 | €18,926 | +€1,222 | +6.9% |
| Tangible fixed assets | 22/27 | €17,655 | €18,876 | +€1,222 | +6.9% |
| Land and buildings | 22 | €14,766 | €14,766 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,730 | €2,330 | -€400 | -14.6% |
| Furniture and vehicles | 24 | €158 | €1,780 | +€1,621 | +1,025% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €29,868 | €35,932 | +€6,064 | +20.3% |
| Amounts receivable after more than one year | 29 | €28,492 | €33,596 | +€5,104 | +17.9% |
| Other amounts receivable | 291 | €28,492 | €33,596 | +€5,104 | +17.9% |
| Amounts receivable within one year | 40/41 | €0 | €171 | +€171 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €171 | +€171 | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €1,375 | €2,164 | +€789 | +57.4% |
| Total equity and liabilities | 10/49 | €47,572 | €54,858 | +€7,286 | +15.3% |
| Equity | 10/15 | €151 | €2,726 | +€2,575 | +1,702% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €277 | €277 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €277 | €277 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,126 | -€17,552 | +€2,575 | +12.8% |
| Amounts payable | 17/49 | €47,421 | €52,132 | +€4,711 | +9.9% |
| Amounts payable within one year | 42/48 | €46,632 | €52,132 | +€5,500 | +11.8% |
| Financial debts | 43 | €1,768 | €2,098 | +€329 | +18.6% |
| Credit institutions | 430/8 | €1,768 | €2,098 | +€329 | +18.6% |
| Trade debts | 44 | €5,446 | €2,184 | -€3,262 | -59.9% |
| Suppliers | 440/4 | €5,446 | €2,184 | -€3,262 | -59.9% |
| Taxes, remuneration and social security | 45 | €6,578 | €5,127 | -€1,451 | -22.1% |
| Taxes | 450/3 | €6,578 | €5,127 | -€1,451 | -22.1% |
| Other amounts payable | 47/48 | €32,839 | €42,724 | +€9,885 | +30.1% |
| Accrued charges and deferred income | 492/3 | €789 | €0 | -€789 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,950 | €651 | -€2,298 | -77.9% |
| Other operating charges | 640/8 | €2,045 | €1,798 | -€246 | -12.1% |
| Gross operating margin | 9900 | €12,495 | €7,168 | -€5,327 | -42.6% |
| Operating profit (loss) | 9901 | €7,501 | €4,719 | -€2,783 | -37.1% |
| Financial income | 75/76B | €1,000 | €1,087 | +€87 | +8.7% |
| Recurring financial income | 75 | €1,000 | €1,087 | +€87 | +8.7% |
| Financial charges | 65/66B | €795 | €1,136 | +€342 | +43.0% |
| Recurring financial charges | 65 | €795 | €1,136 | +€342 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €7,706 | €4,669 | -€3,037 | -39.4% |
| Income taxes | 67/77 | €2,192 | €2,094 | -€98 | -4.5% |
| Profit (loss) for the period | 9904 | €5,514 | €2,575 | -€2,940 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,514 | €2,575 | -€2,940 | -53.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.