DWAALLICHT: 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.
DWAALLICHT
Largest movements
- Tangible fixed assets -€17,330
down €17,330 (-7.5%), from €230,725 to €213,394
of which Furniture and vehicles: -€10,853
- Cash +€4,482
up €4,482 (+35.4%), from €12,655 to €17,137
mainly Depreciation (+€24,008) and Net result for the year (+€2,387)
- Deferred charges and accrued income +€2,722
up €2,722 (+62.1%), from €4,387 to €7,110
- Debts after one year -€13,065
down €13,065 (-10.3%), from €126,973 to €113,909
- Gross operating margin -€37,546
down €37,546 (-54.4%), from €69,054 to €31,508
- Taxes -€10,938
down €10,938 (-93.3%), from €11,722 to €784
- Depreciation -€2,877
down €2,877 (-10.7%), from €26,884 to €24,008
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 | €262,184 | €252,414 | -€9,770 | -3.7% |
| Fixed assets | 21/28 | €230,725 | €213,394 | -€17,330 | -7.5% |
| Tangible fixed assets | 22/27 | €230,725 | €213,394 | -€17,330 | -7.5% |
| Land and buildings | 22 | €193,378 | €183,532 | -€9,846 | -5.1% |
| Plant, machinery and equipment | 23 | €4,510 | €7,879 | +€3,369 | +74.7% |
| Furniture and vehicles | 24 | €32,836 | €21,983 | -€10,853 | -33.1% |
| Current assets | 29/58 | €31,460 | €39,020 | +€7,560 | +24.0% |
| Amounts receivable within one year | 40/41 | €14,417 | €14,773 | +€356 | +2.5% |
| Trade receivables | 40 | €11,861 | €13,271 | +€1,411 | +11.9% |
| Other amounts receivable | 41 | €2,556 | €1,502 | -€1,055 | -41.3% |
| Cash at bank and in hand | 54/58 | €12,655 | €17,137 | +€4,482 | +35.4% |
| Deferred charges and accrued income | 490/1 | €4,387 | €7,110 | +€2,722 | +62.1% |
| Total equity and liabilities | 10/49 | €262,184 | €252,414 | -€9,770 | -3.7% |
| Equity | 10/15 | €79,678 | €82,064 | +€2,387 | +3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,979 | €60,979 | = | 0.0% |
| Distributable reserves | 133 | €60,979 | €60,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106 | €2,493 | +€2,387 | +2,244% |
| Amounts payable | 17/49 | €182,507 | €170,350 | -€12,157 | -6.7% |
| Amounts payable after more than one year | 17 | €126,973 | €113,909 | -€13,065 | -10.3% |
| Financial debts | 170/4 | €126,973 | €113,909 | -€13,065 | -10.3% |
| Amounts payable within one year | 42/48 | €55,533 | €56,441 | +€908 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €12,851 | €13,065 | +€214 | +1.7% |
| Trade debts | 44 | €3,053 | €3,808 | +€756 | +24.8% |
| Suppliers | 440/4 | €3,053 | €3,808 | +€756 | +24.8% |
| Taxes, remuneration and social security | 45 | €2,472 | €2,472 | = | 0.0% |
| Taxes | 450/3 | €2,472 | €2,472 | = | 0.0% |
| Other amounts payable | 47/48 | €37,158 | €37,096 | -€62 | -0.2% |
| Non-recurring operating income | 76A | €33,884 | - | -€33,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,884 | €24,008 | -€2,877 | -10.7% |
| Other operating charges | 640/8 | €1,994 | €1,918 | -€76 | -3.8% |
| Gross operating margin | 9900 | €69,054 | €31,508 | -€37,546 | -54.4% |
| Operating profit (loss) | 9901 | €40,176 | €5,583 | -€34,593 | -86.1% |
| Financial income | 75/76B | €3 | €122 | +€119 | +3,888% |
| Recurring financial income | 75 | €3 | €122 | +€119 | +3,888% |
| Financial charges | 65/66B | €2,656 | €2,534 | -€121 | -4.6% |
| Recurring financial charges | 65 | €2,656 | €2,534 | -€121 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €37,523 | €3,171 | -€34,352 | -91.5% |
| Income taxes | 67/77 | €11,722 | €784 | -€10,938 | -93.3% |
| Profit (loss) for the period | 9904 | €25,801 | €2,387 | -€23,414 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,801 | €2,387 | -€23,414 | -90.7% |
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 31 October 2026 via checked.be.