DWLD: 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.
DWLD
Largest movements
- Cash +€5,548
up €5,548 (+33.2%), from €16,731 to €22,279
mainly Net result for the year (+€4,436) and Other debts (+€1,857)
- Tangible fixed assets -€1,203
down €1,203 (-35.5%), from €3,387 to €2,184
- Receivables within one year +€678
up €678 (+22.7%), from €2,983 to €3,661
of which Trade receivables: +€619
- Reserves +€4,436
up €4,436 (+24.4%), from €18,205 to €22,642
- Other debts +€1,857
up €1,857 (+72.1%), from €2,575 to €4,432
- Tax, wage and social debts -€713
down €713 (-85.7%), from €832 to €119
- Trade debts -€557
no longer reported in 2025 (was €557)
- Gross operating margin -€3,156
down €3,156 (-29.5%), from €10,704 to €7,548
- Taxes -€621
down €621 (-27.7%), from €2,241 to €1,619
- Depreciation +€311
up €311 (+34.9%), from €892 to €1,203
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 | €23,169 | €28,193 | +€5,023 | +21.7% |
| Fixed assets | 21/28 | €3,387 | €2,184 | -€1,203 | -35.5% |
| Tangible fixed assets | 22/27 | €3,387 | €2,184 | -€1,203 | -35.5% |
| Furniture and vehicles | 24 | €3,387 | €2,184 | -€1,203 | -35.5% |
| Current assets | 29/58 | €19,782 | €26,008 | +€6,226 | +31.5% |
| Amounts receivable within one year | 40/41 | €2,983 | €3,661 | +€678 | +22.7% |
| Trade receivables | 40 | €1,174 | €1,793 | +€619 | +52.7% |
| Other amounts receivable | 41 | €1,809 | €1,868 | +€59 | +3.3% |
| Cash at bank and in hand | 54/58 | €16,731 | €22,279 | +€5,548 | +33.2% |
| Deferred charges and accrued income | 490/1 | €68 | €68 | +€0 | +0.4% |
| Total equity and liabilities | 10/49 | €23,169 | €28,193 | +€5,023 | +21.7% |
| Equity | 10/15 | €19,205 | €23,642 | +€4,436 | +23.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,205 | €22,642 | +€4,436 | +24.4% |
| Distributable reserves | 133 | €18,205 | €22,642 | +€4,436 | +24.4% |
| Amounts payable | 17/49 | €3,964 | €4,551 | +€587 | +14.8% |
| Amounts payable within one year | 42/48 | €3,964 | €4,551 | +€587 | +14.8% |
| Trade debts | 44 | €557 | - | -€557 | |
| Suppliers | 440/4 | €557 | - | -€557 | |
| Taxes, remuneration and social security | 45 | €832 | €119 | -€713 | -85.7% |
| Taxes | 450/3 | €832 | €119 | -€713 | -85.7% |
| Other amounts payable | 47/48 | €2,575 | €4,432 | +€1,857 | +72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €892 | €1,203 | +€311 | +34.9% |
| Other operating charges | 640/8 | €141 | €174 | +€34 | +23.9% |
| Gross operating margin | 9900 | €10,704 | €7,548 | -€3,156 | -29.5% |
| Operating profit (loss) | 9901 | €9,672 | €6,172 | -€3,500 | -36.2% |
| Financial charges | 65/66B | €99 | €116 | +€17 | +17.0% |
| Recurring financial charges | 65 | €99 | €116 | +€17 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €9,573 | €6,056 | -€3,517 | -36.7% |
| Income taxes | 67/77 | €2,241 | €1,619 | -€621 | -27.7% |
| Profit (loss) for the period | 9904 | €7,332 | €4,436 | -€2,896 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,332 | €4,436 | -€2,896 | -39.5% |
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 24 October 2026 via checked.be.