DWM Enterprises: 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.
DWM Enterprises
Largest movements
- Cash +€36,648
up €36,648 (+111%), from €33,081 to €69,729
mainly Net result for the year (+€152,248) and Other debts (+€31,580)
- Tangible fixed assets -€15,755
down €15,755 (-19.5%), from €80,979 to €65,224
of which Furniture and vehicles: -€11,119
- Receivables within one year +€14,536
up €14,536 (+61.2%), from €23,735 to €38,272
of which Other amounts receivable: +€9,189
- Other debts +€31,580
up €31,580 (+26.2%), from €120,668 to €152,248
- Tax, wage and social debts +€4,246
up €4,246 (+20.1%), from €21,119 to €25,365
- Gross operating margin +€19,634
up €19,634 (+9.9%), from €198,573 to €218,207
- Taxes +€5,117
up €5,117 (+12.5%), from €40,873 to €45,990
- Financial charges -€3,116
down €3,116 (-58.9%), from €5,290 to €2,174
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 | €149,168 | €184,365 | +€35,197 | +23.6% |
| Fixed assets | 21/28 | €80,979 | €65,224 | -€15,755 | -19.5% |
| Tangible fixed assets | 22/27 | €80,979 | €65,224 | -€15,755 | -19.5% |
| Furniture and vehicles | 24 | €41,186 | €30,067 | -€11,119 | -27.0% |
| Other tangible fixed assets | 26 | €39,792 | €35,156 | -€4,636 | -11.7% |
| Current assets | 29/58 | €68,189 | €119,141 | +€50,952 | +74.7% |
| Amounts receivable within one year | 40/41 | €23,735 | €38,272 | +€14,536 | +61.2% |
| Trade receivables | 40 | €23,735 | €29,082 | +€5,347 | +22.5% |
| Other amounts receivable | 41 | - | €9,189 | +€9,189 | |
| Cash at bank and in hand | 54/58 | €33,081 | €69,729 | +€36,648 | +111% |
| Deferred charges and accrued income | 490/1 | €11,373 | €11,140 | -€233 | -2.0% |
| Total equity and liabilities | 10/49 | €149,168 | €184,365 | +€35,197 | +23.6% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €144,168 | €179,365 | +€35,197 | +24.4% |
| Amounts payable within one year | 42/48 | €144,168 | €179,365 | +€35,197 | +24.4% |
| Trade debts | 44 | €2,381 | €1,752 | -€629 | -26.4% |
| Suppliers | 440/4 | €2,381 | €1,752 | -€629 | -26.4% |
| Taxes, remuneration and social security | 45 | €21,119 | €25,365 | +€4,246 | +20.1% |
| Taxes | 450/3 | €21,119 | €25,365 | +€4,246 | +20.1% |
| Other amounts payable | 47/48 | €120,668 | €152,248 | +€31,580 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,291 | €17,275 | +€984 | +6.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €198,573 | €218,207 | +€19,634 | +9.9% |
| Operating profit (loss) | 9901 | €181,777 | €200,412 | +€18,635 | +10.3% |
| Financial charges | 65/66B | €5,290 | €2,174 | -€3,116 | -58.9% |
| Recurring financial charges | 65 | €5,290 | €2,174 | -€3,116 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €176,487 | €198,238 | +€21,751 | +12.3% |
| Income taxes | 67/77 | €40,873 | €45,990 | +€5,117 | +12.5% |
| Profit (loss) for the period | 9904 | €135,614 | €152,248 | +€16,634 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €135,614 | €152,248 | +€16,634 | +12.3% |
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 19 October 2026 via checked.be.