DWE-ADVIES: 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.
DWE-ADVIES
Largest movements
- Cash +€44,161
up €44,161 (+261%), from €16,915 to €61,076
mainly Current investments (+€40,000) and Depreciation (+€33,768)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Tangible fixed assets -€31,304
down €31,304 (-16.7%), from €187,931 to €156,626
of which Furniture and vehicles: -€21,527
- Receivables within one year +€10,137
up €10,137 (+32.3%), from €31,344 to €41,480
of which Other amounts receivable: +€13,147
- Deferred charges and accrued income +€4,862
up €4,862 (+230%), from €2,110 to €6,973
- Reserves +€22,433
up €22,433 (+16.9%), from €133,054 to €155,488
of which Distributable reserves: +€22,433
- Debts after one year -€17,085
down €17,085 (-24.6%), from €69,478 to €52,393
- Tax, wage and social debts -€7,129
down €7,129 (-24.9%), from €28,652 to €21,523
of which Taxes: -€7,129
- Other debts -€6,771
down €6,771 (-92.0%), from €7,362 to €591
- Current portion of long-term debt -€4,615
down €4,615 (-23.1%), from €19,994 to €15,378
- Gross operating margin +€34,171
up €34,171 (+97.7%), from €34,990 to €69,161
- Taxes +€9,154
up €9,154 (+965%), from €949 to €10,102
- Financial charges -€1,133
down €1,133 (-39.3%), from €2,879 to €1,747
- Depreciation +€857
up €857 (+2.6%), from €32,911 to €33,768
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 | €278,300 | €266,155 | -€12,144 | -4.4% |
| Fixed assets | 21/28 | €187,931 | €156,626 | -€31,304 | -16.7% |
| Tangible fixed assets | 22/27 | €187,931 | €156,626 | -€31,304 | -16.7% |
| Land and buildings | 22 | €146,271 | €139,498 | -€6,772 | -4.6% |
| Plant, machinery and equipment | 23 | €7,466 | €4,461 | -€3,005 | -40.2% |
| Furniture and vehicles | 24 | €34,194 | €12,667 | -€21,527 | -63.0% |
| Current assets | 29/58 | €90,369 | €109,529 | +€19,160 | +21.2% |
| Amounts receivable within one year | 40/41 | €31,344 | €41,480 | +€10,137 | +32.3% |
| Trade receivables | 40 | €29,504 | €26,494 | -€3,010 | -10.2% |
| Other amounts receivable | 41 | €1,839 | €14,986 | +€13,147 | +715% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €16,915 | €61,076 | +€44,161 | +261% |
| Deferred charges and accrued income | 490/1 | €2,110 | €6,973 | +€4,862 | +230% |
| Total equity and liabilities | 10/49 | €278,300 | €266,155 | -€12,144 | -4.4% |
| Equity | 10/15 | €149,438 | €171,871 | +€22,433 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €133,054 | €155,488 | +€22,433 | +16.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,194 | €153,628 | +€22,433 | +17.1% |
| Profit (loss) carried forward | 14 | -€2,216 | -€2,216 | = | 0.0% |
| Amounts payable | 17/49 | €128,862 | €94,284 | -€34,578 | -26.8% |
| Amounts payable after more than one year | 17 | €69,478 | €52,393 | -€17,085 | -24.6% |
| Financial debts | 170/4 | €69,478 | €52,393 | -€17,085 | -24.6% |
| Amounts payable within one year | 42/48 | €57,186 | €40,555 | -€16,631 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €19,994 | €15,378 | -€4,615 | -23.1% |
| Trade debts | 44 | €1,178 | €3,062 | +€1,884 | +160% |
| Suppliers | 440/4 | €1,178 | €3,062 | +€1,884 | +160% |
| Taxes, remuneration and social security | 45 | €28,652 | €21,523 | -€7,129 | -24.9% |
| Taxes | 450/3 | €26,652 | €19,523 | -€7,129 | -26.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €7,362 | €591 | -€6,771 | -92.0% |
| Accrued charges and deferred income | 492/3 | €2,197 | €1,336 | -€861 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,911 | €33,768 | +€857 | +2.6% |
| Other operating charges | 640/8 | €2,020 | €2,008 | -€11 | -0.5% |
| Gross operating margin | 9900 | €34,990 | €69,161 | +€34,171 | +97.7% |
| Operating profit (loss) | 9901 | €60 | €33,385 | +€33,325 | +55,718% |
| Financial income | 75/76B | €1,552 | €898 | -€654 | -42.2% |
| Recurring financial income | 75 | €1,552 | €898 | -€654 | -42.2% |
| Financial charges | 65/66B | €2,879 | €1,747 | -€1,133 | -39.3% |
| Recurring financial charges | 65 | €2,879 | €1,747 | -€1,133 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,268 | €32,536 | +€33,804 | |
| Income taxes | 67/77 | €949 | €10,102 | +€9,154 | +965% |
| Profit (loss) for the period | 9904 | -€2,216 | €22,433 | +€24,650 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,216 | €22,433 | +€24,650 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.