DW-TECHNICS: 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-TECHNICS
Largest movements
- Cash +€41,873
up €41,873 (+597.8%), from €7,004 to €48,878
mainly Net result for the year (+€39,146) and Depreciation (+€18,805)
- Tangible fixed assets -€18,805
down €18,805 (-41.5%), from €45,322 to €26,517
of which Furniture and vehicles: -€15,805
- Receivables within one year +€16,611
up €16,611 (+112.5%), from €14,767 to €31,377
of which Trade receivables: +€16,763
- Stocks and contracts -€8,242
down €8,242 (-15.3%), from €53,796 to €45,553
of which Contracts in progress: -€5,000
- Profit (loss) carried forward +€39,146
up €39,146 (+179.1%), from €21,857 to €61,003
- Debts after one year -€12,067
down €12,067 (-71.8%), from €16,805 to €4,737
- Short-term financial debts -€11,258
down €11,258 (-48.3%), from €23,325 to €12,067
- Tax, wage and social debts +€7,925
up €7,925 (+50.0%), from €15,847 to €23,772
- Other debts +€7,467
up €7,467 (+71.4%), from €10,457 to €17,924
- Gross operating margin +€59,540
up €59,540 (+57.7%), from €103,238 to €162,778
- Taxes -€10,000
down €10,000, from €5,000 to -€5,000
- Staff costs +€6,535
up €6,535 (+6.5%), from €100,944 to €107,479
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 | €122,383 | €155,316 | +€32,933 | +26.9% |
| Fixed assets | 21/28 | €45,322 | €26,517 | -€18,805 | -41.5% |
| Tangible fixed assets | 22/27 | €45,322 | €26,517 | -€18,805 | -41.5% |
| Land and buildings | 22 | €23,408 | €20,408 | -€3,000 | -12.8% |
| Furniture and vehicles | 24 | €21,914 | €6,109 | -€15,805 | -72.1% |
| Current assets | 29/58 | €77,061 | €128,799 | +€51,738 | +67.1% |
| Stocks and contracts in progress | 3 | €53,796 | €45,553 | -€8,242 | -15.3% |
| Stocks | 30/36 | €48,796 | €45,553 | -€3,242 | -6.6% |
| Contracts in progress | 37 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €14,767 | €31,377 | +€16,611 | +112.5% |
| Trade receivables | 40 | €14,458 | €31,221 | +€16,763 | +115.9% |
| Other amounts receivable | 41 | €308 | €156 | -€152 | -49.3% |
| Cash at bank and in hand | 54/58 | €7,004 | €48,878 | +€41,873 | +597.8% |
| Deferred charges and accrued income | 490/1 | €1,495 | €2,991 | +€1,496 | +100.1% |
| Total equity and liabilities | 10/49 | €122,383 | €155,316 | +€32,933 | +26.9% |
| Equity | 10/15 | €43,857 | €83,003 | +€39,146 | +89.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,857 | €61,003 | +€39,146 | +179.1% |
| Amounts payable | 17/49 | €78,526 | €72,313 | -€6,213 | -7.9% |
| Amounts payable after more than one year | 17 | €16,805 | €4,737 | -€12,067 | -71.8% |
| Financial debts | 170/4 | €16,805 | €4,737 | -€12,067 | -71.8% |
| Amounts payable within one year | 42/48 | €61,722 | €67,263 | +€5,542 | +9.0% |
| Financial debts | 43 | €23,325 | €12,067 | -€11,258 | -48.3% |
| Credit institutions | 430/8 | €23,325 | €12,067 | -€11,258 | -48.3% |
| Trade debts | 44 | €12,093 | €13,500 | +€1,407 | +11.6% |
| Suppliers | 440/4 | €12,093 | €13,500 | +€1,407 | +11.6% |
| Taxes, remuneration and social security | 45 | €15,847 | €23,772 | +€7,925 | +50.0% |
| Remuneration and social security | 454/9 | €15,847 | €23,772 | +€7,925 | +50.0% |
| Other amounts payable | 47/48 | €10,457 | €17,924 | +€7,467 | +71.4% |
| Accrued charges and deferred income | 492/3 | - | €312 | +€312 | |
| Remuneration, social security and pensions | 62 | €100,944 | €107,479 | +€6,535 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,356 | €18,805 | -€1,551 | -7.6% |
| Other operating charges | 640/8 | €1,224 | €1,605 | +€381 | +31.2% |
| Gross operating margin | 9900 | €103,238 | €162,778 | +€59,540 | +57.7% |
| Operating profit (loss) | 9901 | -€19,286 | €34,889 | +€54,174 | |
| Financial income | 75/76B | €545 | €19 | -€526 | -96.5% |
| Recurring financial income | 75 | €545 | €19 | -€526 | -96.5% |
| Financial charges | 65/66B | €2,018 | €762 | -€1,256 | -62.3% |
| Recurring financial charges | 65 | €2,018 | €762 | -€1,256 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,759 | €34,146 | +€54,905 | |
| Income taxes | 67/77 | €5,000 | -€5,000 | -€10,000 | |
| Profit (loss) for the period | 9904 | -€25,759 | €39,146 | +€64,905 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,759 | €39,146 | +€64,905 |
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 11 October 2026 via checked.be.