DWM PROJECTS: 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.
DWM PROJECTS
Largest movements
- Stocks and contracts +€93,231
new in 2025: €93,231
- Cash -€70,596
down €70,596 (-98.6%), from €71,604 to €1,008
mainly Stocks and contracts (-€93,231) and Net result for the year (-€2,485)
- Other debts +€25,000
up €25,000 (+45.5%), from €55,000 to €80,000
- Profit (loss) carried forward -€2,485
down €2,485 (-25.9%), from €9,604 to €7,119
- Gross operating margin -€886
down €886 (-482.8%), from -€184 to -€1,070
- Other operating charges -€354
down €354 (-41.1%), from €861 to €507
- Taxes +€102
no longer reported in 2025 (was -€102)
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 | €76,604 | €99,239 | +€22,635 | +29.5% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €71,604 | €94,239 | +€22,635 | +31.6% |
| Stocks and contracts in progress | 3 | - | €93,231 | +€93,231 | |
| Stocks | 30/36 | - | €93,231 | +€93,231 | |
| Cash at bank and in hand | 54/58 | €71,604 | €1,008 | -€70,596 | -98.6% |
| Total equity and liabilities | 10/49 | €76,604 | €99,239 | +€22,635 | +29.5% |
| Equity | 10/15 | €21,604 | €19,119 | -€2,485 | -11.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,604 | €7,119 | -€2,485 | -25.9% |
| Amounts payable | 17/49 | €55,000 | €80,120 | +€25,120 | +45.7% |
| Amounts payable within one year | 42/48 | €55,000 | €80,120 | +€25,120 | +45.7% |
| Trade debts | 44 | - | €120 | +€120 | |
| Suppliers | 440/4 | - | €120 | +€120 | |
| Other amounts payable | 47/48 | €55,000 | €80,000 | +€25,000 | +45.5% |
| Other operating charges | 640/8 | €861 | €507 | -€354 | -41.1% |
| Gross operating margin | 9900 | -€184 | -€1,070 | -€886 | -482.8% |
| Operating profit (loss) | 9901 | -€1,045 | -€1,577 | -€532 | -50.9% |
| Financial charges | 65/66B | €908 | €908 | = | 0.0% |
| Recurring financial charges | 65 | €908 | €908 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,953 | -€2,485 | -€532 | -27.3% |
| Income taxes | 67/77 | -€102 | - | +€102 | |
| Profit (loss) for the period | 9904 | -€1,851 | -€2,485 | -€634 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,851 | -€2,485 | -€634 | -34.2% |
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 29 September 2026 via checked.be.