DWT: 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.
DWT
Largest movements
- Tangible fixed assets +€19,393
up €19,393 (+8422.9%), from €230 to €19,623
of which Furniture and vehicles: +€19,623
- Cash +€6,695
up €6,695 (+390.2%), from €1,716 to €8,410
mainly Net result for the year (+€26,149) and Tax, wage and social debts (+€3,155)
- Receivables within one year -€2,134
down €2,134 (-82.4%), from €2,591 to €457
of which Other amounts receivable: -€1,443
- Deferred charges and accrued income +€878
up €878, from €0 to €878
- Profit (loss) carried forward +€26,149
up €26,149 (+4.7%), from -€561,827 to -€535,678
- Other debts -€5,201
down €5,201 (-4.7%), from €111,158 to €105,956
- Tax, wage and social debts +€3,155
up €3,155 (+480.5%), from €657 to €3,811
- Trade debts +€729
up €729, from €0 to €729
- Gross operating margin +€13,952
up €13,952 (+88.5%), from €15,758 to €29,711
- Depreciation +€1,335
up €1,335 (+105.0%), from €1,272 to €2,607
- Taxes -€407
down €407 (-100.0%), from €407 to €0
- Financial income -€402
down €402 (-100.0%), from €402 to €0
- Other operating charges -€371
down €371 (-35.0%), from €1,058 to €687
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 | €4,537 | €29,368 | +€24,832 | +547.4% |
| Fixed assets | 21/28 | €230 | €19,623 | +€19,393 | +8422.9% |
| Tangible fixed assets | 22/27 | €230 | €19,623 | +€19,393 | +8422.9% |
| Plant, machinery and equipment | 23 | €230 | €0 | -€230 | -100.0% |
| Furniture and vehicles | 24 | €0 | €19,623 | +€19,623 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €4,306 | €9,745 | +€5,439 | +126.3% |
| Amounts receivable within one year | 40/41 | €2,591 | €457 | -€2,134 | -82.4% |
| Trade receivables | 40 | €1,148 | €457 | -€690 | -60.2% |
| Other amounts receivable | 41 | €1,443 | €0 | -€1,443 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,716 | €8,410 | +€6,695 | +390.2% |
| Deferred charges and accrued income | 490/1 | €0 | €878 | +€878 | |
| Total equity and liabilities | 10/49 | €4,537 | €29,368 | +€24,832 | +547.4% |
| Equity | 10/15 | -€107,278 | -€81,128 | +€26,149 | +24.4% |
| Contributions | 10/11 | €409,100 | €409,100 | = | 0.0% |
| Capital | 10 | €409,100 | €409,100 | = | 0.0% |
| Issued capital | 100 | €409,100 | €409,100 | = | 0.0% |
| Reserves | 13 | €45,449 | €45,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,516 | €27,516 | = | 0.0% |
| Legal reserve | 130 | €27,516 | €27,516 | = | 0.0% |
| Distributable reserves | 133 | €17,934 | €17,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€561,827 | -€535,678 | +€26,149 | +4.7% |
| Amounts payable | 17/49 | €111,814 | €110,497 | -€1,318 | -1.2% |
| Amounts payable within one year | 42/48 | €111,814 | €110,497 | -€1,318 | -1.2% |
| Trade debts | 44 | €0 | €729 | +€729 | |
| Suppliers | 440/4 | €0 | €729 | +€729 | |
| Taxes, remuneration and social security | 45 | €657 | €3,811 | +€3,155 | +480.5% |
| Taxes | 450/3 | €657 | €3,811 | +€3,155 | +480.5% |
| Other amounts payable | 47/48 | €111,158 | €105,956 | -€5,201 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | €2,607 | +€1,335 | +105.0% |
| Other operating charges | 640/8 | €1,058 | €687 | -€371 | -35.0% |
| Gross operating margin | 9900 | €15,758 | €29,711 | +€13,952 | +88.5% |
| Operating profit (loss) | 9901 | €13,429 | €26,416 | +€12,988 | +96.7% |
| Financial income | 75/76B | €402 | €0 | -€402 | -100.0% |
| Recurring financial income | 75 | €402 | €0 | -€402 | -100.0% |
| Financial charges | 65/66B | €329 | €267 | -€61 | -18.7% |
| Recurring financial charges | 65 | €329 | €267 | -€61 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €13,502 | €26,149 | +€12,647 | +93.7% |
| Income taxes | 67/77 | €407 | €0 | -€407 | -100.0% |
| Profit (loss) for the period | 9904 | €13,096 | €26,149 | +€13,054 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,096 | €26,149 | +€13,054 | +99.7% |
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 29 September 2026 via checked.be.