ALGEMENE ONDERNEMING WITHOFS: what changed
ALGEMENE ONDERNEMING WITHOFS
Largest movements
- Receivables within one year -€89,554
down €89,554 (-51.6%), from €173,638 to €84,084
of which Other amounts receivable: -€88,755
- Tangible fixed assets +€20,736
up €20,736 (+208%), from €9,959 to €30,695
- Cash +€11,531
up €11,531 (+36.7%), from €31,456 to €42,987
mainly Receivables within one year (+€89,554) and Depreciation (+€18,085)
- Trade debts -€47,614
down €47,614 (-92.3%), from €51,570 to €3,956
- Profit (loss) carried forward +€16,465
up €16,465 (+43.0%), from €38,304 to €54,769
- Tax, wage and social debts -€15,010
down €15,010 (-38.4%), from €39,098 to €24,088
of which Remuneration and social security: -€12,862
- Reserves -€10,535
down €10,535 (-41.7%), from €25,285 to €14,749
of which Tax-exempt reserves: -€10,535
- Staff costs -€36,477
down €36,477 (-24.8%), from €147,164 to €110,687
- Depreciation +€14,468
up €14,468 (+400%), from €3,617 to €18,085
- Taxes +€5,685
up €5,685, from -€4,163 to €1,522
- Gross operating margin +€4,178
up €4,178 (+2.8%), from €148,350 to €152,528
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,277 | €159,582 | -€56,695 | -26.2% |
| Fixed assets | 21/28 | €9,959 | €30,695 | +€20,736 | +208% |
| Tangible fixed assets | 22/27 | €9,959 | €30,695 | +€20,736 | +208% |
| Furniture and vehicles | 24 | €9,959 | €30,695 | +€20,736 | +208% |
| Current assets | 29/58 | €206,317 | €128,887 | -€77,431 | -37.5% |
| Amounts receivable within one year | 40/41 | €173,638 | €84,084 | -€89,554 | -51.6% |
| Trade receivables | 40 | €800 | - | -€800 | |
| Other amounts receivable | 41 | €172,838 | €84,084 | -€88,755 | -51.4% |
| Cash at bank and in hand | 54/58 | €31,456 | €42,987 | +€11,531 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,224 | €1,817 | +€593 | +48.4% |
| Total equity and liabilities | 10/49 | €216,277 | €159,582 | -€56,695 | -26.2% |
| Equity | 10/15 | €125,589 | €131,518 | +€5,929 | +4.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €25,285 | €14,749 | -€10,535 | -41.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,535 | - | -€10,535 | |
| Distributable reserves | 133 | €8,549 | €8,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,304 | €54,769 | +€16,465 | +43.0% |
| Amounts payable | 17/49 | €90,688 | €28,064 | -€62,624 | -69.1% |
| Amounts payable within one year | 42/48 | €90,668 | €28,044 | -€62,624 | -69.1% |
| Trade debts | 44 | €51,570 | €3,956 | -€47,614 | -92.3% |
| Suppliers | 440/4 | €51,570 | €3,956 | -€47,614 | -92.3% |
| Taxes, remuneration and social security | 45 | €39,098 | €24,088 | -€15,010 | -38.4% |
| Taxes | 450/3 | €12,806 | €10,657 | -€2,149 | -16.8% |
| Remuneration and social security | 454/9 | €26,292 | €13,431 | -€12,862 | -48.9% |
| Accrued charges and deferred income | 492/3 | €20 | €20 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €147,164 | €110,687 | -€36,477 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,617 | €18,085 | +€14,468 | +400% |
| Other operating charges | 640/8 | €16,926 | €15,623 | -€1,303 | -7.7% |
| Gross operating margin | 9900 | €148,350 | €152,528 | +€4,178 | +2.8% |
| Operating profit (loss) | 9901 | -€19,356 | €8,133 | +€27,489 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €622 | €682 | +€59 | +9.5% |
| Recurring financial charges | 65 | €622 | €682 | +€59 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,978 | €7,452 | +€27,430 | |
| Income taxes | 67/77 | -€4,163 | €1,522 | +€5,685 | |
| Profit (loss) for the period | 9904 | -€15,815 | €5,929 | +€21,744 | |
| Transfer from tax-exempt reserves | 789 | - | €10,535 | +€10,535 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,815 | €16,465 | +€32,280 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.