DW Invest: 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 Invest
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Other debts +€38,735
up €38,735 (+2.1%), from €1.8m to €1.9m
- Profit (loss) carried forward -€21,727
down €21,727 (-14.3%), from -€152,091 to -€173,818
- Gross operating margin +€19,543
up €19,543, from -€1,874 to €17,669
- Financial charges +€4,942
up €4,942 (+14.4%), from €34,300 to €39,242
- Financial income +€900
new in 2025: €900
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 | €1,681,427 | €1,696,489 | +€15,062 | +0.9% |
| Fixed assets | 21/28 | €1,675,000 | €1,664,950 | -€10,050 | -0.6% |
| Tangible fixed assets | 22/27 | €1,675,000 | €1,664,950 | -€10,050 | -0.6% |
| Land and buildings | 22 | €1,675,000 | €1,664,950 | -€10,050 | -0.6% |
| Current assets | 29/58 | €6,427 | €31,539 | +€25,112 | +391% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €5,940 | €0 | -€5,940 | -100% |
| Trade receivables | 40 | €5,940 | €0 | -€5,940 | -100% |
| Cash at bank and in hand | 54/58 | €487 | €1,539 | +€1,052 | +216% |
| Total equity and liabilities | 10/49 | €1,681,427 | €1,696,489 | +€15,062 | +0.9% |
| Equity | 10/15 | -€147,091 | -€168,818 | -€21,727 | -14.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,091 | -€173,818 | -€21,727 | -14.3% |
| Amounts payable | 17/49 | €1,828,518 | €1,865,307 | +€36,789 | +2.0% |
| Amounts payable within one year | 42/48 | €1,828,518 | €1,865,307 | +€36,789 | +2.0% |
| Trade debts | 44 | €2,158 | €212 | -€1,946 | -90.2% |
| Suppliers | 440/4 | €2,158 | €212 | -€1,946 | -90.2% |
| Other amounts payable | 47/48 | €1,826,360 | €1,865,095 | +€38,735 | +2.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €20,029 | +€20,029 | |
| Other operating charges | 640/8 | €1,107 | €1,054 | -€53 | -4.7% |
| Gross operating margin | 9900 | -€1,874 | €17,669 | +€19,543 | |
| Operating profit (loss) | 9901 | -€2,980 | €16,615 | +€19,595 | |
| Financial income | 75/76B | - | €900 | +€900 | |
| Recurring financial income | 75 | - | €900 | +€900 | |
| Financial charges | 65/66B | €34,300 | €39,242 | +€4,942 | +14.4% |
| Recurring financial charges | 65 | €34,300 | €39,242 | +€4,942 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,280 | -€21,727 | +€15,553 | +41.7% |
| Profit (loss) for the period | 9904 | -€37,280 | -€21,727 | +€15,553 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,280 | -€21,727 | +€15,553 | +41.7% |
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 25 October 2026 via checked.be.