BOUWGROEP DE WITTE: 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.
BOUWGROEP DE WITTE
Largest movements
- Tangible fixed assets +€673,639
up €673,639 (+4.0%), from €16.9m to €17.5m
of which Land and buildings: +€658,715
- Profit (loss) carried forward +€723,993
up €723,993 (+26.2%), from €2.8m to €3.5m
- Debts after one year +€656,576
up €656,576 (+5.5%), from €12.0m to €12.7m
of which Financial debts: +€534,043
- Current portion of long-term debt -€634,104
down €634,104 (-32.1%), from €2.0m to €1.3m
- Other debts -€599,469
down €599,469 (-45.7%), from €1.3m to €711,022
- Tax, wage and social debts +€250,003
up €250,003 (+151%), from €165,655 to €415,658
- Gross operating margin +€340,630
up €340,630 (+15.1%), from €2.3m to €2.6m
- Depreciation +€110,198
up €110,198 (+10.7%), from €1.0m to €1.1m
- Financial charges +€46,765
up €46,765 (+16.1%), from €290,728 to €337,494
- Taxes +€44,240
up €44,240 (+20.2%), from €219,310 to €263,551
- Write-downs +€29,065
up €29,065 (+304%), from €9,546 to €38,612
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 | €19,619,261 | €20,084,185 | +€464,925 | +2.4% |
| Fixed assets | 21/28 | €16,869,670 | €17,543,309 | +€673,639 | +4.0% |
| Tangible fixed assets | 22/27 | €16,869,670 | €17,543,309 | +€673,639 | +4.0% |
| Land and buildings | 22 | €16,316,751 | €16,975,466 | +€658,715 | +4.0% |
| Plant, machinery and equipment | 23 | - | €81,174 | +€81,174 | |
| Furniture and vehicles | 24 | €5,836 | €4,586 | -€1,250 | -21.4% |
| Other tangible fixed assets | 26 | €547,083 | €482,083 | -€65,000 | -11.9% |
| Current assets | 29/58 | €2,749,590 | €2,540,876 | -€208,714 | -7.6% |
| Amounts receivable within one year | 40/41 | €2,427,255 | €2,302,201 | -€125,055 | -5.2% |
| Trade receivables | 40 | €520,848 | €547,885 | +€27,037 | +5.2% |
| Other amounts receivable | 41 | €1,906,407 | €1,754,316 | -€152,092 | -8.0% |
| Cash at bank and in hand | 54/58 | €322,335 | €238,676 | -€83,659 | -26.0% |
| Total equity and liabilities | 10/49 | €19,619,261 | €20,084,185 | +€464,925 | +2.4% |
| Equity | 10/15 | €2,960,181 | €3,684,174 | +€723,993 | +24.5% |
| Contributions | 10/11 | €174,765 | €174,765 | = | 0.0% |
| Capital | 10 | €174,765 | €174,765 | = | 0.0% |
| Issued capital | 100 | €174,765 | €174,765 | = | 0.0% |
| Reserves | 13 | €17,477 | €17,477 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,477 | €17,477 | = | 0.0% |
| Legal reserve | 130 | €17,477 | €17,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,767,940 | €3,491,933 | +€723,993 | +26.2% |
| Amounts payable | 17/49 | €16,659,080 | €16,400,011 | -€259,068 | -1.6% |
| Amounts payable after more than one year | 17 | €12,023,791 | €12,680,367 | +€656,576 | +5.5% |
| Financial debts | 170/4 | €11,677,986 | €12,212,029 | +€534,043 | +4.6% |
| Other amounts payable | 178/9 | €345,805 | €468,337 | +€122,533 | +35.4% |
| Amounts payable within one year | 42/48 | €4,207,162 | €3,346,822 | -€860,340 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €1,978,480 | €1,344,376 | -€634,104 | -32.1% |
| Trade debts | 44 | €752,535 | €875,766 | +€123,231 | +16.4% |
| Suppliers | 440/4 | €752,535 | €875,766 | +€123,231 | +16.4% |
| Taxes, remuneration and social security | 45 | €165,655 | €415,658 | +€250,003 | +151% |
| Taxes | 450/3 | €165,655 | €415,658 | +€250,003 | +151% |
| Other amounts payable | 47/48 | €1,310,491 | €711,022 | -€599,469 | -45.7% |
| Accrued charges and deferred income | 492/3 | €428,127 | €372,822 | -€55,305 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,033,686 | €1,143,885 | +€110,198 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,546 | €38,612 | +€29,065 | +304% |
| Other operating charges | 640/8 | €94,109 | €84,755 | -€9,354 | -9.9% |
| Gross operating margin | 9900 | €2,251,034 | €2,591,664 | +€340,630 | +15.1% |
| Operating profit (loss) | 9901 | €1,113,692 | €1,324,413 | +€210,720 | +18.9% |
| Financial income | 75/76B | €22,127 | €625 | -€21,502 | -97.2% |
| Recurring financial income | 75 | €22,127 | €625 | -€21,502 | -97.2% |
| Financial charges | 65/66B | €290,728 | €337,494 | +€46,765 | +16.1% |
| Recurring financial charges | 65 | €290,728 | €337,494 | +€46,765 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €845,091 | €987,544 | +€142,453 | +16.9% |
| Income taxes | 67/77 | €219,310 | €263,551 | +€44,240 | +20.2% |
| Profit (loss) for the period | 9904 | €625,780 | €723,993 | +€98,213 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €625,780 | €723,993 | +€98,213 | +15.7% |
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 30 October 2026 via checked.be.