DW Services: 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 Services
Largest movements
- Receivables within one year -€52,966
down €52,966 (-66.8%), from €79,246 to €26,281
- Reserves -€29,892
down €29,892 (-45.4%), from €65,853 to €35,960
- Trade debts -€16,603
down €16,603 (-98.3%), from €16,898 to €295
- Current portion of long-term debt -€6,481
down €6,481 (-100.0%), from €6,481 to €0
- Gross operating margin +€17,337
up €17,337 (+59.2%), from -€29,276 to -€11,938
- Depreciation -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Financial charges +€3,726
up €3,726 (+8665.7%), from €43 to €3,769
- Financial income -€2,637
down €2,637 (-49.0%), from €5,387 to €2,750
- Other operating charges -€1,873
down €1,873 (-65.2%), from €2,873 to €1,000
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 | €89,246 | €36,281 | -€52,966 | -59.3% |
| Fixed assets | 21/28 | €10,000 | €10,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,000 | €10,000 | = | 0.0% |
| Furniture and vehicles | 24 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €79,246 | €26,281 | -€52,966 | -66.8% |
| Amounts receivable within one year | 40/41 | €79,246 | €26,281 | -€52,966 | -66.8% |
| Other amounts receivable | 41 | €79,246 | €26,281 | -€52,966 | -66.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €89,246 | €36,281 | -€52,966 | -59.3% |
| Equity | 10/15 | €65,853 | €35,960 | -€29,892 | -45.4% |
| Reserves | 13 | €65,853 | €35,960 | -€29,892 | -45.4% |
| Distributable reserves | 133 | €65,853 | €35,960 | -€29,892 | -45.4% |
| Amounts payable | 17/49 | €23,394 | €320 | -€23,073 | -98.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,394 | €320 | -€23,073 | -98.6% |
| Current portion of amounts payable after more than one year | 42 | €6,481 | €0 | -€6,481 | -100.0% |
| Financial debts | 43 | €15 | €25 | +€11 | +74.4% |
| Credit institutions | 430/8 | €15 | €25 | +€11 | +74.4% |
| Trade debts | 44 | €16,898 | €295 | -€16,603 | -98.3% |
| Suppliers | 440/4 | €16,898 | €295 | -€16,603 | -98.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,000 | €0 | -€10,000 | -100.0% |
| Other operating charges | 640/8 | €2,873 | €1,000 | -€1,873 | -65.2% |
| Gross operating margin | 9900 | -€29,276 | -€11,938 | +€17,337 | +59.2% |
| Operating profit (loss) | 9901 | -€42,149 | -€12,938 | +€29,210 | +69.3% |
| Financial income | 75/76B | €5,387 | €2,750 | -€2,637 | -49.0% |
| Recurring financial income | 75 | €5,387 | €2,750 | -€2,637 | -49.0% |
| Financial charges | 65/66B | €43 | €3,769 | +€3,726 | +8665.7% |
| Recurring financial charges | 65 | €43 | €3,769 | +€3,726 | +8665.7% |
| Profit (loss) for the period before taxes | 9903 | -€36,805 | -€13,958 | +€22,847 | +62.1% |
| Income taxes | 67/77 | €16,773 | €15,934 | -€839 | -5.0% |
| Profit (loss) for the period | 9904 | -€53,578 | -€29,892 | +€23,686 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,578 | -€29,892 | +€23,686 | +44.2% |
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 4 October 2026 via checked.be.