FARMA DEWOLF: 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.
FARMA DEWOLF
Largest movements
- Receivables within one year -€29,979
down €29,979 (-93.4%), from €32,099 to €2,120
of which Other amounts receivable: -€20,901
- Cash +€22,149
up €22,149 (+137.1%), from €16,161 to €38,310
mainly Receivables within one year (+€29,979) and Net result for the year (+€21,734)
- Stocks and contracts +€7,325
up €7,325 (+1288.3%), from €569 to €7,893
- Tangible fixed assets -€1,250
down €1,250 (-53.5%), from €2,338 to €1,088
- Tax, wage and social debts -€1,250
down €1,250 (-16.1%), from €7,754 to €6,503
of which Taxes: -€1,304
- Taxes +€1,238
up €1,238 (+31.4%), from €3,946 to €5,185
- Gross operating margin +€1,205
up €1,205 (+4.4%), from €27,323 to €28,528
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 | €51,166 | €49,411 | -€1,755 | -3.4% |
| Fixed assets | 21/28 | €2,338 | €1,088 | -€1,250 | -53.5% |
| Tangible fixed assets | 22/27 | €2,338 | €1,088 | -€1,250 | -53.5% |
| Furniture and vehicles | 24 | €2,338 | €1,088 | -€1,250 | -53.5% |
| Current assets | 29/58 | €48,828 | €48,323 | -€505 | -1.0% |
| Stocks and contracts in progress | 3 | €569 | €7,893 | +€7,325 | +1288.3% |
| Contracts in progress | 37 | €569 | €7,893 | +€7,325 | +1288.3% |
| Amounts receivable within one year | 40/41 | €32,099 | €2,120 | -€29,979 | -93.4% |
| Trade receivables | 40 | €9,078 | - | -€9,078 | |
| Other amounts receivable | 41 | €23,020 | €2,120 | -€20,901 | -90.8% |
| Cash at bank and in hand | 54/58 | €16,161 | €38,310 | +€22,149 | +137.1% |
| Total equity and liabilities | 10/49 | €51,166 | €49,411 | -€1,755 | -3.4% |
| Equity | 10/15 | €42,881 | €42,418 | -€463 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,681 | €36,218 | -€463 | -1.3% |
| Distributable reserves | 133 | €36,681 | €36,218 | -€463 | -1.3% |
| Amounts payable | 17/49 | €8,285 | €6,993 | -€1,292 | -15.6% |
| Amounts payable within one year | 42/48 | €8,285 | €6,993 | -€1,292 | -15.6% |
| Trade debts | 44 | €531 | €490 | -€41 | -7.7% |
| Suppliers | 440/4 | €531 | €490 | -€41 | -7.7% |
| Taxes, remuneration and social security | 45 | €7,754 | €6,503 | -€1,250 | -16.1% |
| Taxes | 450/3 | €4,887 | €3,583 | -€1,304 | -26.7% |
| Remuneration and social security | 454/9 | €2,867 | €2,920 | +€54 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,122 | €1,250 | +€127 | +11.3% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €27,323 | €28,528 | +€1,205 | +4.4% |
| Operating profit (loss) | 9901 | €25,816 | €26,891 | +€1,075 | +4.2% |
| Financial income | 75/76B | €19 | €101 | +€82 | +436.5% |
| Recurring financial income | 75 | €19 | €101 | +€82 | +436.5% |
| Financial charges | 65/66B | €77 | €74 | -€3 | -4.2% |
| Recurring financial charges | 65 | €77 | €74 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €25,758 | €26,918 | +€1,160 | +4.5% |
| Income taxes | 67/77 | €3,946 | €5,185 | +€1,238 | +31.4% |
| Profit (loss) for the period | 9904 | €21,812 | €21,734 | -€78 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,812 | €21,734 | -€78 | -0.4% |
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.