DWS MEDICAL: 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.
DWS MEDICAL
Largest movements
- Receivables after one year -€84,500
down €84,500 (-39.5%), from €214,000 to €129,500
- Receivables within one year +€30,470
up €30,470 (+12.3%), from €246,809 to €277,279
of which Other amounts receivable: +€44,100
- Cash -€16,920
down €16,920 (-46.8%), from €36,172 to €19,252
mainly Contributions, distributions and other (-€140,000) and Tax, wage and social debts (-€85,882)
- Tax, wage and social debts -€85,882
down €85,882 (-95.8%), from €89,601 to €3,720
- Profit (loss) carried forward +€67,265
up €67,265 (+31.0%), from €216,932 to €284,197
- Other debts -€47,657
down €47,657 (-25.4%), from €187,911 to €140,254
- Gross operating margin -€8,255
down €8,255 (-3.0%), from €277,561 to €269,307
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 | €504,253 | €433,945 | -€70,308 | -13.9% |
| Fixed assets | 21/28 | €3,583 | €3,872 | +€290 | +8.1% |
| Tangible fixed assets | 22/27 | €3,583 | €3,872 | +€290 | +8.1% |
| Furniture and vehicles | 24 | €2,232 | €2,830 | +€598 | +26.8% |
| Other tangible fixed assets | 26 | €1,351 | €1,042 | -€309 | -22.9% |
| Current assets | 29/58 | €500,670 | €430,073 | -€70,598 | -14.1% |
| Amounts receivable after more than one year | 29 | €214,000 | €129,500 | -€84,500 | -39.5% |
| Other amounts receivable | 291 | €214,000 | €129,500 | -€84,500 | -39.5% |
| Amounts receivable within one year | 40/41 | €246,809 | €277,279 | +€30,470 | +12.3% |
| Trade receivables | 40 | €128,915 | €115,285 | -€13,630 | -10.6% |
| Other amounts receivable | 41 | €117,894 | €161,994 | +€44,100 | +37.4% |
| Cash at bank and in hand | 54/58 | €36,172 | €19,252 | -€16,920 | -46.8% |
| Deferred charges and accrued income | 490/1 | €3,690 | €4,042 | +€352 | +9.5% |
| Total equity and liabilities | 10/49 | €504,253 | €433,945 | -€70,308 | -13.9% |
| Equity | 10/15 | €221,932 | €289,197 | +€67,265 | +30.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,932 | €284,197 | +€67,265 | +31.0% |
| Amounts payable | 17/49 | €282,321 | €144,748 | -€137,573 | -48.7% |
| Amounts payable within one year | 42/48 | €282,321 | €144,748 | -€137,573 | -48.7% |
| Trade debts | 44 | €4,809 | €775 | -€4,035 | -83.9% |
| Suppliers | 440/4 | €4,809 | €775 | -€4,035 | -83.9% |
| Taxes, remuneration and social security | 45 | €89,601 | €3,720 | -€85,882 | -95.8% |
| Taxes | 450/3 | €89,601 | €3,720 | -€85,882 | -95.8% |
| Other amounts payable | 47/48 | €187,911 | €140,254 | -€47,657 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,896 | €1,388 | -€508 | -26.8% |
| Other operating charges | 640/8 | €749 | €733 | -€17 | -2.2% |
| Non-recurring operating charges | 66A | - | €271 | +€271 | |
| Gross operating margin | 9900 | €277,561 | €269,307 | -€8,255 | -3.0% |
| Operating profit (loss) | 9901 | €274,916 | €266,915 | -€8,001 | -2.9% |
| Financial income | 75/76B | €4,880 | €5,086 | +€206 | +4.2% |
| Recurring financial income | 75 | €4,880 | €5,086 | +€206 | +4.2% |
| Financial charges | 65/66B | €1,162 | €952 | -€210 | -18.1% |
| Recurring financial charges | 65 | €1,162 | €952 | -€210 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €278,634 | €271,049 | -€7,585 | -2.7% |
| Income taxes | 67/77 | €65,735 | €63,784 | -€1,952 | -3.0% |
| Profit (loss) for the period | 9904 | €212,899 | €207,265 | -€5,634 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €212,899 | €207,265 | -€5,634 | -2.6% |
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 31 October 2026 via checked.be.