DWW-ELECTRO: 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.
DWW-ELECTRO
Largest movements
- Cash +€11,588
up €11,588 (+19.8%), from €58,626 to €70,214
mainly Depreciation (+€23,087) and Debts after one year (+€22,666)
- Tangible fixed assets +€9,750
up €9,750 (+20.1%), from €48,415 to €58,165
of which Furniture and vehicles: +€21,550
- Receivables within one year +€7,494
up €7,494 (+8.9%), from €83,914 to €91,409
of which Trade receivables: +€5,881
- Debts after one year +€22,666
new in 2025: €22,666
- Trade debts +€7,715
up €7,715 (+205.0%), from €3,763 to €11,478
- Reserves -€7,092
down €7,092 (-8.4%), from €84,578 to €77,486
- Current portion of long-term debt +€4,255
up €4,255 (+104.6%), from €4,066 to €8,321
- Depreciation +€12,817
up €12,817 (+124.8%), from €10,269 to €23,087
- Gross operating margin +€11,814
up €11,814 (+9.3%), from €126,602 to €138,416
- Staff costs -€4,653
down €4,653 (-4.6%), from €100,516 to €95,863
- Taxes -€1,723
down €1,723 (-76.1%), from €2,265 to €542
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.
Cash bridge derived
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 | €190,955 | €219,788 | +€28,833 | +15.1% |
| Fixed assets | 21/28 | €48,415 | €58,165 | +€9,750 | +20.1% |
| Tangible fixed assets | 22/27 | €48,415 | €58,165 | +€9,750 | +20.1% |
| Land and buildings | 22 | €18,875 | €625 | -€18,250 | -96.7% |
| Plant, machinery and equipment | 23 | - | €6,451 | +€6,451 | |
| Furniture and vehicles | 24 | €29,540 | €51,090 | +€21,550 | +73.0% |
| Current assets | 29/58 | €142,540 | €161,623 | +€19,082 | +13.4% |
| Amounts receivable within one year | 40/41 | €83,914 | €91,409 | +€7,494 | +8.9% |
| Trade receivables | 40 | €68,105 | €73,986 | +€5,881 | +8.6% |
| Other amounts receivable | 41 | €15,809 | €17,423 | +€1,613 | +10.2% |
| Cash at bank and in hand | 54/58 | €58,626 | €70,214 | +€11,588 | +19.8% |
| Total equity and liabilities | 10/49 | €190,955 | €219,788 | +€28,833 | +15.1% |
| Equity | 10/15 | €160,680 | €153,011 | -€7,669 | -4.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,578 | €77,486 | -€7,092 | -8.4% |
| Distributable reserves | 133 | €84,578 | €77,486 | -€7,092 | -8.4% |
| Profit (loss) carried forward | 14 | €63,702 | €63,125 | -€577 | -0.9% |
| Amounts payable | 17/49 | €30,275 | €66,777 | +€36,502 | +120.6% |
| Amounts payable after more than one year | 17 | - | €22,666 | +€22,666 | |
| Financial debts | 170/4 | - | €22,666 | +€22,666 | |
| Amounts payable within one year | 42/48 | €30,275 | €44,111 | +€13,835 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €4,066 | €8,321 | +€4,255 | +104.6% |
| Trade debts | 44 | €3,763 | €11,478 | +€7,715 | +205.0% |
| Suppliers | 440/4 | €3,763 | €11,478 | +€7,715 | +205.0% |
| Taxes, remuneration and social security | 45 | €7,948 | €8,404 | +€456 | +5.7% |
| Taxes | 450/3 | €1,501 | €2,155 | +€653 | +43.5% |
| Remuneration and social security | 454/9 | €6,447 | €6,249 | -€198 | -3.1% |
| Other amounts payable | 47/48 | €14,498 | €15,908 | +€1,410 | +9.7% |
| Non-recurring operating income | 76A | €1,194 | €107,866 | +€106,672 | +8934.9% |
| Remuneration, social security and pensions | 62 | €100,516 | €95,863 | -€4,653 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,269 | €23,087 | +€12,817 | +124.8% |
| Other operating charges | 640/8 | €3,396 | €3,714 | +€319 | +9.4% |
| Non-recurring operating charges | 66A | - | €9,052 | +€9,052 | |
| Gross operating margin | 9900 | €126,602 | €138,416 | +€11,814 | +9.3% |
| Operating profit (loss) | 9901 | €12,420 | €6,700 | -€5,721 | -46.1% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €6,381 | €6,735 | +€354 | +5.5% |
| Recurring financial charges | 65 | €6,381 | €6,735 | +€354 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €6,053 | -€35 | -€6,088 | |
| Income taxes | 67/77 | €2,265 | €542 | -€1,723 | -76.1% |
| Profit (loss) for the period | 9904 | €3,788 | -€577 | -€4,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,788 | -€577 | -€4,365 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.