DW PEOPLE: 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 PEOPLE
Largest movements
- Receivables within one year -€20,584
down €20,584 (-13.3%), from €154,240 to €133,656
of which Trade receivables: -€10,510
- Cash +€4,071
up €4,071 (+174%), from €2,341 to €6,412
mainly Receivables within one year (+€20,584) and Depreciation (+€3,556)
- Tangible fixed assets -€3,556
down €3,556 (-40.6%), from €8,751 to €5,195
of which Furniture and vehicles: -€3,016
- Other debts -€12,857
down €12,857 (-24.5%), from €52,568 to €39,711
- Profit (loss) carried forward -€7,909
down €7,909 (-8.5%), from €93,432 to €85,523
- Gross operating margin +€6,043
up €6,043 (+64.7%), from -€9,334 to -€3,291
- Other operating charges -€1,153
down €1,153 (-62.2%), from €1,854 to €701
- Taxes +€253
up €253 (+516%), from €49 to €302
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 | €166,953 | €146,884 | -€20,069 | -12.0% |
| Fixed assets | 21/28 | €10,372 | €6,816 | -€3,556 | -34.3% |
| Tangible fixed assets | 22/27 | €8,751 | €5,195 | -€3,556 | -40.6% |
| Furniture and vehicles | 24 | €5,074 | €2,058 | -€3,016 | -59.4% |
| Other tangible fixed assets | 26 | €3,677 | €3,137 | -€540 | -14.7% |
| Financial fixed assets | 28 | €1,621 | €1,621 | = | 0.0% |
| Current assets | 29/58 | €156,581 | €140,068 | -€16,513 | -10.5% |
| Amounts receivable within one year | 40/41 | €154,240 | €133,656 | -€20,584 | -13.3% |
| Trade receivables | 40 | €10,510 | - | -€10,510 | |
| Other amounts receivable | 41 | €143,730 | €133,656 | -€10,074 | -7.0% |
| Cash at bank and in hand | 54/58 | €2,341 | €6,412 | +€4,071 | +174% |
| Total equity and liabilities | 10/49 | €166,953 | €146,884 | -€20,069 | -12.0% |
| Equity | 10/15 | €113,432 | €105,523 | -€7,909 | -7.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,432 | €85,523 | -€7,909 | -8.5% |
| Amounts payable | 17/49 | €53,521 | €41,361 | -€12,160 | -22.7% |
| Amounts payable within one year | 42/48 | €53,521 | €41,361 | -€12,160 | -22.7% |
| Trade debts | 44 | - | €1,650 | +€1,650 | |
| Suppliers | 440/4 | - | €1,650 | +€1,650 | |
| Taxes, remuneration and social security | 45 | €953 | - | -€953 | |
| Taxes | 450/3 | €953 | - | -€953 | |
| Other amounts payable | 47/48 | €52,568 | €39,711 | -€12,857 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,556 | €3,556 | = | 0.0% |
| Other operating charges | 640/8 | €1,854 | €701 | -€1,153 | -62.2% |
| Non-recurring operating charges | 66A | €830 | - | -€830 | |
| Gross operating margin | 9900 | -€9,334 | -€3,291 | +€6,043 | +64.7% |
| Operating profit (loss) | 9901 | -€15,574 | -€7,548 | +€8,026 | +51.5% |
| Financial charges | 65/66B | €136 | €59 | -€77 | -56.6% |
| Recurring financial charges | 65 | €136 | €59 | -€77 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,710 | -€7,607 | +€8,103 | +51.6% |
| Income taxes | 67/77 | €49 | €302 | +€253 | +516% |
| Profit (loss) for the period | 9904 | -€15,759 | -€7,909 | +€7,850 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,759 | -€7,909 | +€7,850 | +49.8% |
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 16 October 2026 via checked.be.