DWB+: 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.
DWB+
Largest movements
- Tangible fixed assets +€57,855
up €57,855 (+64.3%), from €90,000 to €147,855
- Cash +€7,293
up €7,293 (+408%), from €1,787 to €9,081
mainly Contributions, distributions and other (+€62,105) and Net result for the year (+€10,006)
- Receivables within one year +€3,403
up €3,403 (+92.4%), from €3,685 to €7,088
of which Trade receivables: +€3,579
- Reserves +€71,206
up €71,206 (+512%), from €13,912 to €85,117
of which Distributable reserves: +€71,103
- Debts after one year -€5,837
down €5,837 (-9.4%), from €62,336 to €56,498
- Tax, wage and social debts +€4,834
up €4,834 (+432%), from €1,118 to €5,951
- Other debts -€4,135
down €4,135 (-91.9%), from €4,500 to €365
- Gross operating margin +€5,503
up €5,503 (+35.9%), from €15,320 to €20,823
- Depreciation +€4,250
new in 2026: €4,250
- Staff costs +€864
new in 2026: €864
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,472 | €164,024 | +€68,552 | +71.8% |
| Fixed assets | 21/28 | €90,000 | €147,855 | +€57,855 | +64.3% |
| Tangible fixed assets | 22/27 | €90,000 | €147,855 | +€57,855 | +64.3% |
| Land and buildings | 22 | €90,000 | €147,855 | +€57,855 | +64.3% |
| Current assets | 29/58 | €5,472 | €16,169 | +€10,696 | +195% |
| Amounts receivable within one year | 40/41 | €3,685 | €7,088 | +€3,403 | +92.4% |
| Trade receivables | 40 | €3,509 | €7,088 | +€3,579 | +102% |
| Other amounts receivable | 41 | €176 | - | -€176 | |
| Cash at bank and in hand | 54/58 | €1,787 | €9,081 | +€7,293 | +408% |
| Total equity and liabilities | 10/49 | €95,472 | €164,024 | +€68,552 | +71.8% |
| Equity | 10/15 | €21,412 | €93,523 | +€72,111 | +337% |
| Contributions | 10/11 | €7,500 | €8,406 | +€906 | +12.1% |
| Reserves | 13 | €13,912 | €85,117 | +€71,206 | +512% |
| Tax-exempt reserves | 132 | - | €103 | +€103 | |
| Distributable reserves | 133 | €13,912 | €85,014 | +€71,103 | +511% |
| Amounts payable | 17/49 | €74,061 | €70,501 | -€3,560 | -4.8% |
| Amounts payable after more than one year | 17 | €62,336 | €56,498 | -€5,837 | -9.4% |
| Financial debts | 170/4 | €62,336 | €56,498 | -€5,837 | -9.4% |
| Amounts payable within one year | 42/48 | €11,725 | €14,003 | +€2,278 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €5,765 | €5,837 | +€72 | +1.3% |
| Trade debts | 44 | €342 | €1,849 | +€1,506 | +440% |
| Suppliers | 440/4 | €342 | €1,849 | +€1,506 | +440% |
| Taxes, remuneration and social security | 45 | €1,118 | €5,951 | +€4,834 | +432% |
| Taxes | 450/3 | €1,118 | €5,951 | +€4,834 | +432% |
| Other amounts payable | 47/48 | €4,500 | €365 | -€4,135 | -91.9% |
| Remuneration, social security and pensions | 62 | - | €864 | +€864 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,250 | +€4,250 | |
| Other operating charges | 640/8 | €528 | €608 | +€80 | +15.1% |
| Gross operating margin | 9900 | €15,320 | €20,823 | +€5,503 | +35.9% |
| Operating profit (loss) | 9901 | €14,792 | €15,102 | +€309 | +2.1% |
| Financial charges | 65/66B | €1,073 | €1,023 | -€50 | -4.7% |
| Recurring financial charges | 65 | €1,073 | €1,023 | -€50 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €13,719 | €14,079 | +€360 | +2.6% |
| Income taxes | 67/77 | €4,018 | €4,073 | +€54 | +1.3% |
| Profit (loss) for the period | 9904 | €9,701 | €10,006 | +€306 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,701 | €10,006 | +€306 | +3.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.