DWK - FEEDOMATIC: 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.
DWK - FEEDOMATIC
Largest movements
- Cash +€159,154
up €159,154 (+85.1%), from €187,054 to €346,208
mainly Net result for the year (+€264,680) and Other debts (+€263,226)
- Receivables within one year -€141,394
down €141,394 (-16.0%), from €881,270 to €739,876
of which Other amounts receivable: -€72,171
- Stocks and contracts +€87,062
up €87,062 (+25.3%), from €344,544 to €431,606
of which Contracts in progress: +€83,086
- Tangible fixed assets -€40,664
down €40,664 (-8.1%), from €502,971 to €462,307
of which Furniture and vehicles: -€59,413
- Current investments +€37,808
up €37,808 (+11.6%), from €325,000 to €362,808
- Other debts +€263,226
up €263,226 (+63.2%), from €416,798 to €680,024
- Trade debts -€120,528
down €120,528 (-47.1%), from €256,136 to €135,608
- Current portion of long-term debt -€23,741
no longer reported in 2024 (was €23,741)
- Gross operating margin -€267,100
down €267,100 (-16.4%), from €1.6m to €1.4m
- Taxes -€62,867
down €62,867 (-39.2%), from €160,567 to €97,700
- Depreciation -€20,614
down €20,614 (-12.4%), from €166,865 to €146,251
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,258,473 | €2,360,577 | +€102,104 | +4.5% |
| Fixed assets | 21/28 | €502,971 | €462,307 | -€40,664 | -8.1% |
| Tangible fixed assets | 22/27 | €502,971 | €462,307 | -€40,664 | -8.1% |
| Land and buildings | 22 | €10,417 | €9,017 | -€1,400 | -13.4% |
| Plant, machinery and equipment | 23 | €181,262 | €214,306 | +€33,044 | +18.2% |
| Furniture and vehicles | 24 | €186,763 | €127,350 | -€59,413 | -31.8% |
| Other tangible fixed assets | 26 | €124,530 | €111,634 | -€12,896 | -10.4% |
| Current assets | 29/58 | €1,755,502 | €1,898,270 | +€142,768 | +8.1% |
| Stocks and contracts in progress | 3 | €344,544 | €431,606 | +€87,062 | +25.3% |
| Stocks | 30/36 | €344,544 | €348,520 | +€3,976 | +1.2% |
| Contracts in progress | 37 | - | €83,086 | +€83,086 | |
| Amounts receivable within one year | 40/41 | €881,270 | €739,876 | -€141,394 | -16.0% |
| Trade receivables | 40 | €795,061 | €725,838 | -€69,223 | -8.7% |
| Other amounts receivable | 41 | €86,209 | €14,038 | -€72,171 | -83.7% |
| Current investments | 50/53 | €325,000 | €362,808 | +€37,808 | +11.6% |
| Cash at bank and in hand | 54/58 | €187,054 | €346,208 | +€159,154 | +85.1% |
| Deferred charges and accrued income | 490/1 | €17,633 | €17,772 | +€139 | +0.8% |
| Total equity and liabilities | 10/49 | €2,258,473 | €2,360,577 | +€102,104 | +4.5% |
| Equity | 10/15 | €1,407,427 | €1,408,107 | +€680 | 0.0% |
| Contributions | 10/11 | €430,105 | €430,105 | = | 0.0% |
| Reserves | 13 | €977,321 | €978,002 | +€680 | +0.1% |
| Distributable reserves | 133 | €977,321 | €978,002 | +€680 | +0.1% |
| Amounts payable | 17/49 | €851,047 | €952,470 | +€101,424 | +11.9% |
| Amounts payable within one year | 42/48 | €851,047 | €952,470 | +€101,424 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €23,741 | - | -€23,741 | |
| Trade debts | 44 | €256,136 | €135,608 | -€120,528 | -47.1% |
| Suppliers | 440/4 | €256,136 | €135,608 | -€120,528 | -47.1% |
| Taxes, remuneration and social security | 45 | €154,372 | €136,839 | -€17,533 | -11.4% |
| Taxes | 450/3 | €89,763 | €72,761 | -€17,002 | -18.9% |
| Remuneration and social security | 454/9 | €64,609 | €64,078 | -€531 | -0.8% |
| Other amounts payable | 47/48 | €416,798 | €680,024 | +€263,226 | +63.2% |
| Remuneration, social security and pensions | 62 | €855,608 | €855,008 | -€600 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,865 | €146,251 | -€20,614 | -12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,526 | - | -€3,526 | |
| Other operating charges | 640/8 | €4,889 | €5,630 | +€741 | +15.2% |
| Gross operating margin | 9900 | €1,629,286 | €1,362,186 | -€267,100 | -16.4% |
| Operating profit (loss) | 9901 | €598,398 | €355,298 | -€243,100 | -40.6% |
| Financial income | 75/76B | €6,562 | €8,740 | +€2,178 | +33.2% |
| Recurring financial income | 75 | €6,562 | €8,740 | +€2,178 | +33.2% |
| Financial charges | 65/66B | €1,697 | €1,658 | -€40 | -2.3% |
| Recurring financial charges | 65 | €1,697 | €1,658 | -€40 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €603,263 | €362,380 | -€240,882 | -39.9% |
| Income taxes | 67/77 | €160,567 | €97,700 | -€62,867 | -39.2% |
| Profit (loss) for the period | 9904 | €442,696 | €264,680 | -€178,016 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €442,696 | €264,680 | -€178,016 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.