ASSU WITTOUCK: 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.
ASSU WITTOUCK
Largest movements
- Receivables within one year +€94,462
up €94,462 (+36.2%), from €260,772 to €355,234
- Cash -€9,340
down €9,340 (-92.5%), from €10,099 to €759
mainly Receivables within one year (-€94,462) and Other debts (-€40,474)
- Reserves +€77,356
up €77,356 (+80.0%), from €96,664 to €174,020
of which Distributable reserves: +€77,356
- Other debts -€40,474
down €40,474 (-28.6%), from €141,688 to €101,214
- Debts after one year +€34,227
new in 2025: €34,227
- Current portion of long-term debt +€15,150
up €15,150 (+121%), from €12,500 to €27,650
- Gross operating margin +€66,523
up €66,523 (+63.0%), from €105,577 to €172,100
- Taxes +€26,589
up €26,589 (+102%), from €26,189 to €52,777
- Financial income +€10,591
up €10,591 (+1,590%), from €666 to €11,258
- Staff costs -€2,818
down €2,818 (-5.9%), from €48,019 to €45,200
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.
Derived cash bridge
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 | €282,520 | €366,230 | +€83,710 | +29.6% |
| Fixed assets | 21/28 | €11,649 | €10,238 | -€1,411 | -12.1% |
| Tangible fixed assets | 22/27 | €11,649 | €10,238 | -€1,411 | -12.1% |
| Furniture and vehicles | 24 | €6,155 | €4,744 | -€1,411 | -22.9% |
| Other tangible fixed assets | 26 | €5,494 | €5,494 | = | 0.0% |
| Current assets | 29/58 | €270,871 | €355,993 | +€85,122 | +31.4% |
| Amounts receivable within one year | 40/41 | €260,772 | €355,234 | +€94,462 | +36.2% |
| Other amounts receivable | 41 | €260,772 | €355,234 | +€94,462 | +36.2% |
| Cash at bank and in hand | 54/58 | €10,099 | €759 | -€9,340 | -92.5% |
| Total equity and liabilities | 10/49 | €282,520 | €366,230 | +€83,710 | +29.6% |
| Equity | 10/15 | €102,864 | €180,220 | +€77,356 | +75.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,664 | €174,020 | +€77,356 | +80.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €96,664 | €174,020 | +€77,356 | +80.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €179,656 | €186,011 | +€6,355 | +3.5% |
| Amounts payable after more than one year | 17 | - | €34,227 | +€34,227 | |
| Financial debts | 170/4 | - | €34,227 | +€34,227 | |
| Amounts payable within one year | 42/48 | €179,151 | €151,255 | -€27,896 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €27,650 | +€15,150 | +121% |
| Trade debts | 44 | €9,988 | €8,483 | -€1,505 | -15.1% |
| Suppliers | 440/4 | €9,988 | €8,483 | -€1,505 | -15.1% |
| Taxes, remuneration and social security | 45 | €14,976 | €13,908 | -€1,068 | -7.1% |
| Taxes | 450/3 | €4,639 | €3,450 | -€1,189 | -25.6% |
| Remuneration and social security | 454/9 | €10,337 | €10,458 | +€121 | +1.2% |
| Other amounts payable | 47/48 | €141,688 | €101,214 | -€40,474 | -28.6% |
| Accrued charges and deferred income | 492/3 | €504 | €528 | +€23 | +4.6% |
| Remuneration, social security and pensions | 62 | €48,019 | €45,200 | -€2,818 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,079 | €1,411 | +€332 | +30.8% |
| Other operating charges | 640/8 | €117 | €137 | +€20 | +17.1% |
| Gross operating margin | 9900 | €105,577 | €172,100 | +€66,523 | +63.0% |
| Operating profit (loss) | 9901 | €56,362 | €125,351 | +€68,989 | +122% |
| Financial income | 75/76B | €666 | €11,258 | +€10,591 | +1,590% |
| Recurring financial income | 75 | €666 | €11,258 | +€10,591 | +1,590% |
| Financial charges | 65/66B | €7,053 | €6,476 | -€577 | -8.2% |
| Recurring financial charges | 65 | €7,053 | €6,476 | -€577 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €49,975 | €130,133 | +€80,158 | +160% |
| Income taxes | 67/77 | €26,189 | €52,777 | +€26,589 | +102% |
| Profit (loss) for the period | 9904 | €23,786 | €77,356 | +€53,569 | +225% |
| Profit (loss) for the period to be appropriated | 9905 | €23,786 | €77,356 | +€53,569 | +225% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.