DWMF: 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.
DWMF
Largest movements
- Receivables within one year +€11,724
up €11,724 (+17.8%), from €65,961 to €77,685
of which Other amounts receivable: +€49,656
- Tangible fixed assets -€1,670
down €1,670 (-31.8%), from €5,255 to €3,585
of which Plant, machinery and equipment: -€1,642
- Debts after one year -€17,520
down €17,520 (-59.8%), from €29,322 to €11,802
- Profit (loss) carried forward +€14,638
up €14,638 (+30.0%), from -€48,824 to -€34,186
- Tax, wage and social debts +€10,516
up €10,516 (+77.3%), from €13,608 to €24,124
of which Taxes: +€12,046
- Trade debts -€4,906
down €4,906 (-36.2%), from €13,543 to €8,637
- Short-term financial debts +€4,889
up €4,889 (+11.5%), from €42,458 to €47,347
of which Credit institutions: +€43,969
- Turnover +€148,046
new in 2024: €148,046
- Purchases and services +€108,665
new in 2024: €108,665
- Gross operating margin +€73,597
up €73,597, from -€31,478 to €42,119
- Staff costs +€16,956
up €16,956 (+1487.2%), from €1,140 to €18,096
- Financial charges -€7,930
down €7,930 (-55.0%), from €14,420 to €6,489
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,216 | €81,270 | +€10,054 | +14.1% |
| Fixed assets | 21/28 | €5,255 | €3,585 | -€1,670 | -31.8% |
| Tangible fixed assets | 22/27 | €5,255 | €3,585 | -€1,670 | -31.8% |
| Plant, machinery and equipment | 23 | €2,403 | €761 | -€1,642 | -68.3% |
| Furniture and vehicles | 24 | €2,852 | €1,725 | -€1,128 | -39.5% |
| Other tangible fixed assets | 26 | - | €1,099 | +€1,099 | |
| Current assets | 29/58 | €65,961 | €77,685 | +€11,724 | +17.8% |
| Amounts receivable within one year | 40/41 | €65,961 | €77,685 | +€11,724 | +17.8% |
| Trade receivables | 40 | €37,932 | - | -€37,932 | |
| Other amounts receivable | 41 | €28,029 | €77,685 | +€49,656 | +177.2% |
| Total equity and liabilities | 10/49 | €71,216 | €81,270 | +€10,054 | +14.1% |
| Equity | 10/15 | -€32,857 | -€18,219 | +€14,638 | +44.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | - | €5,000 | +€5,000 | |
| Issued capital | 100 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €10,967 | €10,967 | = | 0.0% |
| Distributable reserves | 133 | €10,967 | €10,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,824 | -€34,186 | +€14,638 | +30.0% |
| Amounts payable | 17/49 | €104,073 | €99,489 | -€4,584 | -4.4% |
| Amounts payable after more than one year | 17 | €29,322 | €11,802 | -€17,520 | -59.8% |
| Financial debts | 170/4 | €29,322 | €11,802 | -€17,520 | -59.8% |
| Amounts payable within one year | 42/48 | €74,208 | €87,640 | +€13,432 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €4,598 | €7,140 | +€2,542 | +55.3% |
| Financial debts | 43 | €42,458 | €47,347 | +€4,889 | +11.5% |
| Credit institutions | 430/8 | €2,951 | €46,920 | +€43,969 | +1490.0% |
| Other loans | 439 | €39,507 | €428 | -€39,080 | -98.9% |
| Trade debts | 44 | €13,543 | €8,637 | -€4,906 | -36.2% |
| Suppliers | 440/4 | €13,543 | €8,637 | -€4,906 | -36.2% |
| Taxes, remuneration and social security | 45 | €13,608 | €24,124 | +€10,516 | +77.3% |
| Taxes | 450/3 | €5,840 | €17,886 | +€12,046 | +206.2% |
| Remuneration and social security | 454/9 | €7,768 | €6,238 | -€1,530 | -19.7% |
| Other amounts payable | 47/48 | - | €391 | +€391 | |
| Accrued charges and deferred income | 492/3 | €543 | €47 | -€496 | -91.3% |
| Turnover | 70 | - | €148,046 | +€148,046 | |
| Non-recurring operating income | 76A | - | €2,737 | +€2,737 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €108,665 | +€108,665 | |
| Remuneration, social security and pensions | 62 | €1,140 | €18,096 | +€16,956 | +1487.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,490 | €1,544 | -€946 | -38.0% |
| Other operating charges | 640/8 | €360 | €852 | +€493 | +137.0% |
| Gross operating margin | 9900 | -€31,478 | €42,119 | +€73,597 | |
| Operating profit (loss) | 9901 | -€35,468 | €21,626 | +€57,094 | |
| Financial income | 75/76B | €1,483 | €1 | -€1,482 | -99.9% |
| Recurring financial income | 75 | €1,483 | €1 | -€1,482 | -99.9% |
| Non-recurring financial income | 76B | - | €1 | +€1 | |
| Financial charges | 65/66B | €14,420 | €6,489 | -€7,930 | -55.0% |
| Recurring financial charges | 65 | €14,420 | €6,489 | -€7,930 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | -€48,405 | €15,138 | +€63,543 | |
| Income taxes | 67/77 | €419 | €500 | +€81 | +19.2% |
| Profit (loss) for the period | 9904 | -€48,824 | €14,638 | +€63,462 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,824 | €14,638 | +€63,462 |
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 8 October 2026 via checked.be.