DWS TECHNICS: what changed
DWS TECHNICS
Largest movements
- Tangible fixed assets +€33,254
up €33,254 (+785%), from €4,234 to €37,488
of which Furniture and vehicles: +€35,131
- Current investments +€20,002
new in 2025: €20,002
- Cash +€12,040
up €12,040 (+36.4%), from €33,112 to €45,152
mainly Debts after one year (+€29,183) and Net result for the year (+€15,522)
- Receivables within one year -€5,195
down €5,195 (-12.4%), from €41,765 to €36,571
of which Trade receivables: -€19,596
- Stocks and contracts -€2,519
down €2,519 (-58.1%), from €4,333 to €1,815
- Debts after one year +€29,183
new in 2025: €29,183
- Reserves +€15,522
up €15,522 (+28.8%), from €53,827 to €69,350
- Current portion of long-term debt +€7,045
new in 2025: €7,045
- Other debts +€5,325
up €5,325 (+32.4%), from €16,436 to €21,760
- Trade debts +€3,260
up €3,260 (+377%), from €864 to €4,124
- Gross operating margin -€42,489
down €42,489 (-63.0%), from €67,444 to €24,955
- Taxes -€9,685
down €9,685 (-75.4%), from €12,839 to €3,153
- Depreciation +€1,867
up €1,867 (+82.7%), from €2,259 to €4,126
- Financial charges +€736
up €736 (+70.1%), from €1,051 to €1,787
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,994 | €142,412 | +€58,417 | +69.5% |
| Fixed assets | 21/28 | €4,234 | €37,488 | +€33,254 | +785% |
| Tangible fixed assets | 22/27 | €4,234 | €37,488 | +€33,254 | +785% |
| Land and buildings | 22 | €209 | - | -€209 | |
| Plant, machinery and equipment | 23 | €2,574 | €905 | -€1,668 | -64.8% |
| Furniture and vehicles | 24 | €1,452 | €36,583 | +€35,131 | +2,420% |
| Current assets | 29/58 | €79,760 | €104,924 | +€25,164 | +31.5% |
| Stocks and contracts in progress | 3 | €4,333 | €1,815 | -€2,519 | -58.1% |
| Stocks | 30/36 | €4,333 | €1,815 | -€2,519 | -58.1% |
| Amounts receivable within one year | 40/41 | €41,765 | €36,571 | -€5,195 | -12.4% |
| Trade receivables | 40 | €41,438 | €21,842 | -€19,596 | -47.3% |
| Other amounts receivable | 41 | €327 | €14,728 | +€14,401 | +4,404% |
| Current investments | 50/53 | - | €20,002 | +€20,002 | |
| Cash at bank and in hand | 54/58 | €33,112 | €45,152 | +€12,040 | +36.4% |
| Deferred charges and accrued income | 490/1 | €549 | €1,384 | +€835 | +152% |
| Total equity and liabilities | 10/49 | €83,994 | €142,412 | +€58,417 | +69.5% |
| Equity | 10/15 | €53,927 | €69,450 | +€15,522 | +28.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €53,827 | €69,350 | +€15,522 | +28.8% |
| Distributable reserves | 133 | €53,827 | €69,350 | +€15,522 | +28.8% |
| Amounts payable | 17/49 | €30,067 | €72,962 | +€42,895 | +143% |
| Amounts payable after more than one year | 17 | - | €29,183 | +€29,183 | |
| Financial debts | 170/4 | - | €29,183 | +€29,183 | |
| Amounts payable within one year | 42/48 | €29,091 | €42,427 | +€13,336 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,045 | +€7,045 | |
| Trade debts | 44 | €864 | €4,124 | +€3,260 | +377% |
| Suppliers | 440/4 | €864 | €4,124 | +€3,260 | +377% |
| Taxes, remuneration and social security | 45 | €11,791 | €9,498 | -€2,293 | -19.4% |
| Taxes | 450/3 | €9,791 | €7,498 | -€2,293 | -23.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €16,436 | €21,760 | +€5,325 | +32.4% |
| Accrued charges and deferred income | 492/3 | €976 | €1,352 | +€376 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,259 | €4,126 | +€1,867 | +82.7% |
| Other operating charges | 640/8 | €396 | €443 | +€47 | +11.8% |
| Gross operating margin | 9900 | €67,444 | €24,955 | -€42,489 | -63.0% |
| Operating profit (loss) | 9901 | €64,790 | €20,387 | -€44,403 | -68.5% |
| Financial income | 75/76B | €24 | €76 | +€52 | +218% |
| Recurring financial income | 75 | €24 | €76 | +€52 | +218% |
| Financial charges | 65/66B | €1,051 | €1,787 | +€736 | +70.1% |
| Recurring financial charges | 65 | €1,051 | €1,787 | +€736 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €63,763 | €18,676 | -€45,087 | -70.7% |
| Income taxes | 67/77 | €12,839 | €3,153 | -€9,685 | -75.4% |
| Profit (loss) for the period | 9904 | €50,924 | €15,522 | -€35,402 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,924 | €15,522 | -€35,402 | -69.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.