ETS DEWEVER: 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.
ETS DEWEVER
Largest movements
- Receivables within one year -€11,538
down €11,538 (-80.9%), from €14,268 to €2,731
of which Other amounts receivable: -€7,598
- Cash +€4,072
up €4,072 (+60.0%), from €6,786 to €10,858
mainly Receivables within one year (+€11,538) and Depreciation (+€1,658)
- Tangible fixed assets -€1,658
down €1,658 (-39.2%), from €4,232 to €2,574
of which Plant, machinery and equipment: -€918
- Profit (loss) carried forward -€8,149
down €8,149 (-51.0%), from €15,971 to €7,821
- Trade debts -€2,171
down €2,171 (-83.0%), from €2,615 to €444
- Other debts +€1,200
up €1,200 (+7402.8%), from €16 to €1,216
- Gross operating margin -€7,225
down €7,225, from €990 to -€6,235
- Staff costs -€5,442
no longer reported in 2025 (was €5,442)
- Depreciation -€759
down €759 (-31.4%), from €2,417 to €1,658
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 | €25,615 | €16,495 | -€9,120 | -35.6% |
| Fixed assets | 21/28 | €4,232 | €2,574 | -€1,658 | -39.2% |
| Tangible fixed assets | 22/27 | €4,232 | €2,574 | -€1,658 | -39.2% |
| Plant, machinery and equipment | 23 | €1,201 | €283 | -€918 | -76.4% |
| Furniture and vehicles | 24 | €3,031 | €2,291 | -€740 | -24.4% |
| Current assets | 29/58 | €21,384 | €13,921 | -€7,462 | -34.9% |
| Amounts receivable within one year | 40/41 | €14,268 | €2,731 | -€11,538 | -80.9% |
| Trade receivables | 40 | €3,940 | - | -€3,940 | |
| Other amounts receivable | 41 | €10,329 | €2,731 | -€7,598 | -73.6% |
| Cash at bank and in hand | 54/58 | €6,786 | €10,858 | +€4,072 | +60.0% |
| Deferred charges and accrued income | 490/1 | €329 | €332 | +€3 | +0.9% |
| Total equity and liabilities | 10/49 | €25,615 | €16,495 | -€9,120 | -35.6% |
| Equity | 10/15 | €22,984 | €14,835 | -€8,149 | -35.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €814 | €814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €814 | €814 | = | 0.0% |
| Reserves not available under the articles | 1311 | €814 | €814 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,971 | €7,821 | -€8,149 | -51.0% |
| Amounts payable | 17/49 | €2,631 | €1,660 | -€971 | -36.9% |
| Amounts payable within one year | 42/48 | €2,631 | €1,660 | -€971 | -36.9% |
| Trade debts | 44 | €2,615 | €444 | -€2,171 | -83.0% |
| Suppliers | 440/4 | €2,615 | €444 | -€2,171 | -83.0% |
| Other amounts payable | 47/48 | €16 | €1,216 | +€1,200 | +7402.8% |
| Remuneration, social security and pensions | 62 | €5,442 | - | -€5,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,417 | €1,658 | -€759 | -31.4% |
| Other operating charges | 640/8 | €193 | €149 | -€44 | -22.9% |
| Gross operating margin | 9900 | €990 | -€6,235 | -€7,225 | |
| Operating profit (loss) | 9901 | -€7,062 | -€8,041 | -€979 | -13.9% |
| Financial income | 75/76B | €29 | €43 | +€14 | +48.3% |
| Recurring financial income | 75 | €29 | €43 | +€14 | +48.3% |
| Financial charges | 65/66B | €138 | €151 | +€13 | +9.3% |
| Recurring financial charges | 65 | €138 | €151 | +€13 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,171 | -€8,149 | -€978 | -13.6% |
| Profit (loss) for the period | 9904 | -€7,171 | -€8,149 | -€978 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,171 | -€8,149 | -€978 | -13.6% |
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 7 October 2026 via checked.be.