N.DEWEER: what changed
Two financial 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.
N.DEWEER
Largest movements
- Receivables within one year +€5,552
up €5,552 (+22.0%), from €25,240 to €30,793
of which Other amounts receivable: +€8,900
- Cash +€4,451
up €4,451 (+342.4%), from €1,300 to €5,751
mainly Other debts (+€21,459) and Net result for the year (+€6,518)
- Tangible fixed assets -€473
down €473 (-34.3%), from €1,379 to €906
- Other debts +€21,459
new in 2025: €21,459
- Reserves -€14,941
down €14,941 (-100.0%), from €14,941 to €0
- Tax, wage and social debts +€2,445
up €2,445 (+82.1%), from €2,978 to €5,423
- Trade debts +€568
up €568, from €0 to €568
- Gross operating margin +€4,033
up €4,033 (+78.4%), from €5,142 to €9,175
- Taxes +€1,444
up €1,444 (+120.7%), from €1,197 to €2,642
- Financial charges -€1,069
down €1,069 (-77.3%), from €1,383 to €314
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 | €27,919 | €37,449 | +€9,530 | +34.1% |
| Fixed assets | 21/28 | €1,379 | €906 | -€473 | -34.3% |
| Tangible fixed assets | 22/27 | €1,379 | €906 | -€473 | -34.3% |
| Furniture and vehicles | 24 | €1,379 | €906 | -€473 | -34.3% |
| Current assets | 29/58 | €26,540 | €36,544 | +€10,004 | +37.7% |
| Amounts receivable within one year | 40/41 | €25,240 | €30,793 | +€5,552 | +22.0% |
| Trade receivables | 40 | €9,432 | €6,085 | -€3,347 | -35.5% |
| Other amounts receivable | 41 | €15,809 | €24,708 | +€8,900 | +56.3% |
| Cash at bank and in hand | 54/58 | €1,300 | €5,751 | +€4,451 | +342.4% |
| Total equity and liabilities | 10/49 | €27,919 | €37,449 | +€9,530 | +34.1% |
| Equity | 10/15 | €24,941 | €10,000 | -€14,941 | -59.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €14,941 | €0 | -€14,941 | -100.0% |
| Distributable reserves | 133 | €14,941 | €0 | -€14,941 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,978 | €27,449 | +€24,471 | +821.7% |
| Amounts payable within one year | 42/48 | €2,978 | €27,449 | +€24,471 | +821.7% |
| Trade debts | 44 | €0 | €568 | +€568 | |
| Suppliers | 440/4 | €0 | €568 | +€568 | |
| Taxes, remuneration and social security | 45 | €2,978 | €5,423 | +€2,445 | +82.1% |
| Taxes | 450/3 | €2,978 | €5,423 | +€2,445 | +82.1% |
| Other amounts payable | 47/48 | - | €21,459 | +€21,459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €473 | -€23 | -4.7% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €5,142 | €9,175 | +€4,033 | +78.4% |
| Operating profit (loss) | 9901 | €4,581 | €8,636 | +€4,054 | +88.5% |
| Financial income | 75/76B | €768 | €837 | +€69 | +9.0% |
| Recurring financial income | 75 | €768 | €837 | +€69 | +9.0% |
| Financial charges | 65/66B | €1,383 | €314 | -€1,069 | -77.3% |
| Recurring financial charges | 65 | €1,383 | €314 | -€1,069 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €3,966 | €9,159 | +€5,193 | +130.9% |
| Income taxes | 67/77 | €1,197 | €2,642 | +€1,444 | +120.7% |
| Profit (loss) for the period | 9904 | €2,769 | €6,518 | +€3,749 | +135.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,769 | €6,518 | +€3,749 | +135.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.