DW-TRONICS: what changed
DW-TRONICS
Largest movements
- Tangible fixed assets +€7,986
up €7,986 (+868%), from €920 to €8,907
of which Furniture and vehicles: +€6,189
- Cash -€4,198
down €4,198 (-10.8%), from €38,710 to €34,511
mainly Investment in fixed assets (net) (-€10,894) and Net result for the year (-€5,979)
- Receivables within one year +€4,040
up €4,040 (+922%), from €438 to €4,478
of which Trade receivables: +€2,426
- Trade debts +€12,756
up €12,756 (+393%), from €3,245 to €16,002
- Profit (loss) carried forward -€5,979
down €5,979 (-134%), from -€4,461 to -€10,439
- Other debts +€1,050
up €1,050 (+14.3%), from €7,318 to €8,368
- Depreciation +€1,561
up €1,561 (+116%), from €1,346 to €2,908
- Other operating charges -€41
down €41 (-4.3%), from €956 to €915
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,068 | €47,896 | +€7,828 | +19.5% |
| Fixed assets | 21/28 | €920 | €8,907 | +€7,986 | +868% |
| Tangible fixed assets | 22/27 | €920 | €8,907 | +€7,986 | +868% |
| Plant, machinery and equipment | 23 | €412 | €2,210 | +€1,797 | +436% |
| Furniture and vehicles | 24 | €508 | €6,697 | +€6,189 | +1,218% |
| Current assets | 29/58 | €39,148 | €38,989 | -€159 | -0.4% |
| Amounts receivable within one year | 40/41 | €438 | €4,478 | +€4,040 | +922% |
| Trade receivables | 40 | - | €2,426 | +€2,426 | |
| Other amounts receivable | 41 | €438 | €2,052 | +€1,614 | +368% |
| Cash at bank and in hand | 54/58 | €38,710 | €34,511 | -€4,198 | -10.8% |
| Total equity and liabilities | 10/49 | €40,068 | €47,896 | +€7,828 | +19.5% |
| Equity | 10/15 | €27,030 | €21,051 | -€5,979 | -22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,290 | €25,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €23,290 | €23,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,461 | -€10,439 | -€5,979 | -134% |
| Amounts payable | 17/49 | €13,038 | €26,845 | +€13,806 | +106% |
| Amounts payable within one year | 42/48 | €13,038 | €26,845 | +€13,806 | +106% |
| Trade debts | 44 | €3,245 | €16,002 | +€12,756 | +393% |
| Suppliers | 440/4 | €3,245 | €16,002 | +€12,756 | +393% |
| Taxes, remuneration and social security | 45 | €2,475 | €2,475 | = | 0.0% |
| Taxes | 450/3 | €2,475 | €2,475 | = | 0.0% |
| Other amounts payable | 47/48 | €7,318 | €8,368 | +€1,050 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,346 | €2,908 | +€1,561 | +116% |
| Other operating charges | 640/8 | €956 | €915 | -€41 | -4.3% |
| Gross operating margin | 9900 | -€2,130 | -€2,116 | +€13 | +0.6% |
| Operating profit (loss) | 9901 | -€4,432 | -€5,939 | -€1,507 | -34.0% |
| Financial income | 75/76B | €18 | €7 | -€11 | -62.8% |
| Recurring financial income | 75 | €18 | €7 | -€11 | -62.8% |
| Financial charges | 65/66B | €46 | €46 | -€0 | -0.7% |
| Recurring financial charges | 65 | €46 | €46 | -€0 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,461 | -€5,979 | -€1,518 | -34.0% |
| Profit (loss) for the period | 9904 | -€4,461 | -€5,979 | -€1,518 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,461 | -€5,979 | -€1,518 | -34.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.