BWITI: 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.
BWITI
Largest movements
- Receivables within one year -€4,907
down €4,907 (-77.8%), from €6,306 to €1,399
of which Trade receivables: -€2,779
- Tangible fixed assets -€2,841
down €2,841 (-4.1%), from €70,037 to €67,196
of which Land and buildings: -€9,100
- Cash -€2,217
down €2,217 (-69.1%), from €3,208 to €991
mainly Net result for the year (-€7,480) and Investment in fixed assets (net) (-€7,318)
- Reserves -€7,480
down €7,480 (-41.5%), from €18,022 to €10,542
of which Distributable reserves: -€7,480
- Tax, wage and social debts -€2,207
down €2,207 (-81.5%), from €2,707 to €499
- Accrued charges and deferred income +€1,215
new in 2025: €1,215
- Gross operating margin -€5,951
down €5,951 (-52.7%), from €11,297 to €5,346
- Depreciation +€831
up €831 (+8.9%), from €9,328 to €10,159
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 | €81,313 | €71,490 | -€9,823 | -12.1% |
| Fixed assets | 21/28 | €71,727 | €68,886 | -€2,841 | -4.0% |
| Tangible fixed assets | 22/27 | €70,037 | €67,196 | -€2,841 | -4.1% |
| Land and buildings | 22 | €68,200 | €59,100 | -€9,100 | -13.3% |
| Plant, machinery and equipment | 23 | - | €6,948 | +€6,948 | |
| Furniture and vehicles | 24 | €1,837 | €1,149 | -€688 | -37.5% |
| Financial fixed assets | 28 | €1,690 | €1,690 | = | 0.0% |
| Current assets | 29/58 | €9,586 | €2,604 | -€6,982 | -72.8% |
| Amounts receivable within one year | 40/41 | €6,306 | €1,399 | -€4,907 | -77.8% |
| Trade receivables | 40 | €3,812 | €1,032 | -€2,779 | -72.9% |
| Other amounts receivable | 41 | €2,494 | €366 | -€2,128 | -85.3% |
| Cash at bank and in hand | 54/58 | €3,208 | €991 | -€2,217 | -69.1% |
| Deferred charges and accrued income | 490/1 | €72 | €214 | +€142 | +198% |
| Total equity and liabilities | 10/49 | €81,313 | €71,490 | -€9,823 | -12.1% |
| Equity | 10/15 | €24,219 | €16,739 | -€7,480 | -30.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €18,022 | €10,542 | -€7,480 | -41.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,022 | €10,542 | -€7,480 | -41.5% |
| Amounts payable | 17/49 | €57,094 | €54,751 | -€2,343 | -4.1% |
| Amounts payable within one year | 42/48 | €57,094 | €53,536 | -€3,558 | -6.2% |
| Financial debts | 43 | €253 | €1 | -€252 | -99.6% |
| Credit institutions | 430/8 | €253 | €1 | -€252 | -99.6% |
| Trade debts | 44 | €396 | €0 | -€396 | -100% |
| Suppliers | 440/4 | €396 | €0 | -€396 | -100% |
| Taxes, remuneration and social security | 45 | €2,707 | €499 | -€2,207 | -81.5% |
| Taxes | 450/3 | €2,707 | €499 | -€2,207 | -81.5% |
| Other amounts payable | 47/48 | €53,738 | €53,035 | -€703 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €1,215 | +€1,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,328 | €10,159 | +€831 | +8.9% |
| Other operating charges | 640/8 | €2,477 | €2,555 | +€78 | +3.2% |
| Gross operating margin | 9900 | €11,297 | €5,346 | -€5,951 | -52.7% |
| Operating profit (loss) | 9901 | -€508 | -€7,368 | -€6,860 | -1,349% |
| Financial charges | 65/66B | €95 | €112 | +€16 | +16.9% |
| Recurring financial charges | 65 | €95 | €112 | +€16 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | -€604 | -€7,480 | -€6,876 | -1,139% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€604 | -€7,480 | -€6,876 | -1,139% |
| Profit (loss) for the period to be appropriated | 9905 | -€604 | -€7,480 | -€6,876 | -1,139% |
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 18 October 2026 via checked.be.