DWA INVEST: what changed
What changed
DWA INVEST
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€7,635
2023 · -€9,203+€1,568
Equity
€43,162
2023 · €50,797-€7,635
Cash
€2,433
2023 · €3,490-€1,057
Balance sheet total
€470,934
2023 · €484,728-€13,794
Largest movements
Assets
- Tangible fixed assets -€20,356
down €20,356 (-4.2%), from €481,238 to €460,882
- Deferred charges and accrued income +€7,449
new in 2024: €7,449
Equity and liabilities
- Other debts -€9,450
down €9,450 (-79.1%), from €11,950 to €2,500
- Profit (loss) carried forward -€7,635
down €7,635 (-83.0%), from -€9,203 to -€16,838
Income statement
- Gross operating margin +€30,859
up €30,859 (+469%), from €6,576 to €37,435
- Depreciation +€21,575
new in 2024: €21,575
- Financial charges +€4,694
up €4,694 (+32.5%), from €14,435 to €19,129
of which Financial charges: +€8,688
- Other operating charges +€3,022
up €3,022 (+225%), from €1,344 to €4,366
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€9,203
Gross operating margin
+€30,859
Depreciation
-€21,575
Other operating charges
-€3,022
Financial charges
-€4,694
Result 2024
-€7,635
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2,879
Investment
-€1,219
Financing
+€3,041
Cash 2023
€3,490
From operations (derived)
-€2,879
Net result for the year
-€7,635
Depreciation
+€21,575
Receivables within one year
-€170
Deferred charges and accrued income
-€7,449
Trade debts
-€200
Other debts
-€9,450
Accrued charges and deferred income
+€450
Investment (derived)
-€1,219
Investment in fixed assets (net)
-€1,219
Financing
+€3,041
Debts after one year
+€2,410
Current portion of long-term debt
+€631
Cash 2024
€2,433
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,728 | €470,934 | -€13,794 | -2.8% |
| Fixed assets | 21/28 | €481,238 | €460,882 | -€20,356 | -4.2% |
| Tangible fixed assets | 22/27 | €481,238 | €460,882 | -€20,356 | -4.2% |
| Land and buildings | 22 | €481,238 | €460,882 | -€20,356 | -4.2% |
| Current assets | 29/58 | €3,490 | €10,052 | +€6,562 | +188% |
| Amounts receivable within one year | 40/41 | - | €170 | +€170 | |
| Trade receivables | 40 | - | €170 | +€170 | |
| Cash at bank and in hand | 54/58 | €3,490 | €2,433 | -€1,057 | -30.3% |
| Deferred charges and accrued income | 490/1 | - | €7,449 | +€7,449 | |
| Total equity and liabilities | 10/49 | €484,728 | €470,934 | -€13,794 | -2.8% |
| Equity | 10/15 | €50,797 | €43,162 | -€7,635 | -15.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,203 | -€16,838 | -€7,635 | -83.0% |
| Amounts payable | 17/49 | €433,931 | €427,772 | -€6,159 | -1.4% |
| Amounts payable after more than one year | 17 | €408,823 | €411,233 | +€2,410 | +0.6% |
| Financial debts | 170/4 | €408,823 | €407,233 | -€1,590 | -0.4% |
| Other amounts payable | 178/9 | - | €4,000 | +€4,000 | |
| Amounts payable within one year | 42/48 | €25,108 | €16,089 | -€9,019 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €12,958 | €13,589 | +€631 | +4.9% |
| Trade debts | 44 | €200 | - | -€200 | |
| Suppliers | 440/4 | €200 | - | -€200 | |
| Other amounts payable | 47/48 | €11,950 | €2,500 | -€9,450 | -79.1% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €21,575 | +€21,575 | |
| Other operating charges | 640/8 | €1,344 | €4,366 | +€3,022 | +225% |
| Gross operating margin | 9900 | €6,576 | €37,435 | +€30,859 | +469% |
| Operating profit (loss) | 9901 | €5,232 | €11,494 | +€6,262 | +120% |
| Financial charges | 65/66B | €14,435 | €19,129 | +€4,694 | +32.5% |
| Recurring financial charges | 65 | €10,441 | €19,129 | +€8,688 | +83.2% |
| Non-recurring financial charges | 66B | €3,994 | - | -€3,994 | |
| Profit (loss) for the period before taxes | 9903 | -€9,203 | -€7,635 | +€1,568 | +17.0% |
| Profit (loss) for the period | 9904 | -€9,203 | -€7,635 | +€1,568 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,203 | -€7,635 | +€1,568 | +17.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.