DWS: 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.
DWS
Largest movements
- Cash +€57,837
up €57,837 (+23.0%), from €251,226 to €309,063
mainly Net result for the year (+€405,728) and Depreciation (+€1,605)
- Current investments +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Profit (loss) carried forward +€170,434
up €170,434 (+216.4%), from €78,761 to €249,195
- Other debts -€54,221
down €54,221 (-21.0%), from €258,772 to €204,551
- Tax, wage and social debts -€9,706
down €9,706 (-19.9%), from €48,750 to €39,044
- Gross operating margin +€36,235
up €36,235 (+7.3%), from €499,473 to €535,709
- Taxes +€10,779
up €10,779 (+9.0%), from €119,726 to €130,505
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 | €408,283 | €514,805 | +€106,523 | +26.1% |
| Fixed assets | 21/28 | €5,534 | €3,929 | -€1,605 | -29.0% |
| Tangible fixed assets | 22/27 | €5,534 | €3,929 | -€1,605 | -29.0% |
| Furniture and vehicles | 24 | €5,534 | €3,929 | -€1,605 | -29.0% |
| Current assets | 29/58 | €402,748 | €510,876 | +€108,128 | +26.8% |
| Amounts receivable within one year | 40/41 | €867 | €1,127 | +€260 | +30.0% |
| Other amounts receivable | 41 | €867 | €1,127 | +€260 | +30.0% |
| Current investments | 50/53 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €251,226 | €309,063 | +€57,837 | +23.0% |
| Deferred charges and accrued income | 490/1 | €655 | €686 | +€31 | +4.7% |
| Total equity and liabilities | 10/49 | €408,283 | €514,805 | +€106,523 | +26.1% |
| Equity | 10/15 | €100,761 | €271,195 | +€170,434 | +169.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,761 | €249,195 | +€170,434 | +216.4% |
| Amounts payable | 17/49 | €307,522 | €243,610 | -€63,912 | -20.8% |
| Amounts payable within one year | 42/48 | €307,522 | €243,610 | -€63,912 | -20.8% |
| Trade debts | 44 | - | €15 | +€15 | |
| Suppliers | 440/4 | - | €15 | +€15 | |
| Taxes, remuneration and social security | 45 | €48,750 | €39,044 | -€9,706 | -19.9% |
| Taxes | 450/3 | €48,750 | €39,044 | -€9,706 | -19.9% |
| Other amounts payable | 47/48 | €258,772 | €204,551 | -€54,221 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,785 | €1,605 | -€5,180 | -76.3% |
| Other operating charges | 640/8 | €881 | €1,445 | +€563 | +63.9% |
| Gross operating margin | 9900 | €499,473 | €535,709 | +€36,235 | +7.3% |
| Operating profit (loss) | 9901 | €491,807 | €532,659 | +€40,852 | +8.3% |
| Financial income | 75/76B | €2,108 | €3,575 | +€1,466 | +69.6% |
| Recurring financial income | 75 | €2,108 | €3,575 | +€1,466 | +69.6% |
| Financial charges | 65/66B | €5 | - | -€5 | |
| Recurring financial charges | 65 | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | €493,910 | €536,234 | +€42,324 | +8.6% |
| Income taxes | 67/77 | €119,726 | €130,505 | +€10,779 | +9.0% |
| Profit (loss) for the period | 9904 | €374,184 | €405,728 | +€31,545 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €374,184 | €405,728 | +€31,545 | +8.4% |
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 30 September 2026 via checked.be.