DWE: what changed
Two fiscal 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.
DWE
Largest movements
- Cash -€20,049
down €20,049 (-70.0%), from €28,651 to €8,602
mainly Net result for the year (-€22,331) and Debts after one year (-€9,712)
- Tangible fixed assets -€16,790
down €16,790 (-25.2%), from €66,600 to €49,810
of which Furniture and vehicles: -€12,783
- Receivables within one year +€4,694
up €4,694 (+7.3%), from €63,893 to €68,587
of which Trade receivables: +€5,290
- Profit (loss) carried forward -€22,331
new in 2025: -€22,331
- Debts after one year -€9,712
down €9,712 (-63.0%), from €15,421 to €5,709
- Accrued charges and deferred income +€4,897
up €4,897 (+607.1%), from €807 to €5,703
- Trade debts +€3,838
up €3,838 (+84.0%), from €4,567 to €8,405
- Tax, wage and social debts -€3,689
down €3,689 (-27.0%), from €13,651 to €9,962
of which Remuneration and social security: -€3,961
- Gross operating margin -€19,494
down €19,494 (-23.4%), from €83,169 to €63,675
- Staff costs +€5,722
up €5,722 (+9.7%), from €58,769 to €64,491
- Taxes -€3,104
down €3,104 (-91.7%), from €3,386 to €282
- Depreciation +€1,179
up €1,179 (+5.9%), from €20,026 to €21,205
- Other operating charges -€923
down €923 (-55.2%), from €1,671 to €748
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 | €245,748 | €216,118 | -€29,630 | -12.1% |
| Fixed assets | 21/28 | €66,600 | €49,810 | -€16,790 | -25.2% |
| Tangible fixed assets | 22/27 | €66,600 | €49,810 | -€16,790 | -25.2% |
| Land and buildings | 22 | €2,488 | €2,119 | -€369 | -14.8% |
| Plant, machinery and equipment | 23 | €8,047 | €4,410 | -€3,638 | -45.2% |
| Furniture and vehicles | 24 | €56,065 | €43,282 | -€12,783 | -22.8% |
| Current assets | 29/58 | €179,148 | €166,308 | -€12,841 | -7.2% |
| Amounts receivable after more than one year | 29 | €85,796 | €86,829 | +€1,033 | +1.2% |
| Other amounts receivable | 291 | €85,796 | €86,829 | +€1,033 | +1.2% |
| Amounts receivable within one year | 40/41 | €63,893 | €68,587 | +€4,694 | +7.3% |
| Trade receivables | 40 | €51,239 | €56,529 | +€5,290 | +10.3% |
| Other amounts receivable | 41 | €12,654 | €12,058 | -€596 | -4.7% |
| Cash at bank and in hand | 54/58 | €28,651 | €8,602 | -€20,049 | -70.0% |
| Deferred charges and accrued income | 490/1 | €808 | €2,289 | +€1,481 | +183.2% |
| Total equity and liabilities | 10/49 | €245,748 | €216,118 | -€29,630 | -12.1% |
| Equity | 10/15 | €191,595 | €169,263 | -€22,331 | -11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €179,195 | €179,195 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,800 | €4,800 | = | 0.0% |
| Distributable reserves | 133 | €172,535 | €172,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,331 | -€22,331 | |
| Amounts payable | 17/49 | €54,153 | €46,854 | -€7,299 | -13.5% |
| Amounts payable after more than one year | 17 | €15,421 | €5,709 | -€9,712 | -63.0% |
| Financial debts | 170/4 | €15,421 | €5,709 | -€9,712 | -63.0% |
| Amounts payable within one year | 42/48 | €37,926 | €35,442 | -€2,484 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €9,617 | €9,712 | +€95 | +1.0% |
| Trade debts | 44 | €4,567 | €8,405 | +€3,838 | +84.0% |
| Suppliers | 440/4 | €4,567 | €8,405 | +€3,838 | +84.0% |
| Taxes, remuneration and social security | 45 | €13,651 | €9,962 | -€3,689 | -27.0% |
| Taxes | 450/3 | €9 | €282 | +€272 | +2882.9% |
| Remuneration and social security | 454/9 | €13,641 | €9,680 | -€3,961 | -29.0% |
| Other amounts payable | 47/48 | €10,091 | €7,363 | -€2,728 | -27.0% |
| Accrued charges and deferred income | 492/3 | €807 | €5,703 | +€4,897 | +607.1% |
| Remuneration, social security and pensions | 62 | €58,769 | €64,491 | +€5,722 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,026 | €21,205 | +€1,179 | +5.9% |
| Other operating charges | 640/8 | €1,671 | €748 | -€923 | -55.2% |
| Gross operating margin | 9900 | €83,169 | €63,675 | -€19,494 | -23.4% |
| Operating profit (loss) | 9901 | €2,703 | -€22,769 | -€25,472 | |
| Financial income | 75/76B | €1,130 | €1,124 | -€5 | -0.5% |
| Recurring financial income | 75 | €1,130 | €1,124 | -€5 | -0.5% |
| Financial charges | 65/66B | €423 | €405 | -€18 | -4.2% |
| Recurring financial charges | 65 | €423 | €405 | -€18 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €3,410 | -€22,050 | -€25,460 | |
| Income taxes | 67/77 | €3,386 | €282 | -€3,104 | -91.7% |
| Profit (loss) for the period | 9904 | €24 | -€22,331 | -€22,355 | |
| Profit (loss) for the period to be appropriated | 9905 | €24 | -€22,331 | -€22,355 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.