Charles De Wit Holding: 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.
What changed
Charles De Wit Holding
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €2.7m-€436,143
Equity
€17.2m
2024 · €14.9m+€2.3m
Cash
€686,818
2024 · €2.8m-€2.1m
Balance sheet total
€21.2m
2024 · €18.2m+€3.1m
Largest movements
Assets
- Financial fixed assets +€5.1m
up €5.1m (+40.0%), from €12.7m to €17.7m
- Cash -€2.1m
down €2.1m (-75.3%), from €2.8m to €686,818
mainly Investment in fixed assets (net) (-€5.2m) and Receivables within one year (-€135,549)
Equity and liabilities
- Profit (loss) carried forward +€2.3m
up €2.3m (+16.6%), from €13.7m to €15.9m
- Other debts +€968,053
up €968,053 (+59.3%), from €1.6m to €2.6m
Income statement
- Financial income -€1.1m
down €1.1m (-30.4%), from €3.7m to €2.6m
- Other operating income +€1.0m
up €1.0m (+287%), from €350,134 to €1.4m
- Staff costs +€204,397
up €204,397 (+91.3%), from €223,899 to €428,296
- Services and other goods +€188,457
up €188,457 (+17.5%), from €1.1m to €1.3m
- Turnover +€133,804
up €133,804 (+67.2%), from €199,100 to €332,904
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.
Result 2024
€2.7m
Turnover
+€133,804
Other operating income
+€1.0m
Services and other goods
-€188,457
Staff costs
-€204,397
Depreciation
+€53,562
Other operating charges
-€5,841
Other operating items
-€84,130
Financial income
-€1.1m
Financial charges
-€15,540
Taxes
-€465
Result 2025
€2.3m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.2m
Investment
-€5.2m
Financing
-€88,552
Cash 2024
€2.8m
From operations (derived)
+€3.2m
Net result for the year
+€2.3m
Depreciation
+€136,343
Receivables within one year
-€135,549
Deferred charges and accrued income
-€839
Trade debts
+€46,957
Tax, wage and social debts
-€107,078
Other debts
+€968,053
Investment (derived)
-€5.2m
Investment in fixed assets (net)
-€5.2m
Current investments
-€2
Financing
-€88,552
Debts after one year
-€93,796
Current portion of long-term debt
+€5,244
Cash 2025
€686,818
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,162,022 | €21,246,757 | +€3.1m | +17.0% |
| Fixed assets | 21/28 | €14,122,154 | €19,160,980 | +€5.0m | +35.7% |
| Tangible fixed assets | 22/27 | €1,440,976 | €1,412,663 | -€28,313 | -2.0% |
| Land and buildings | 22 | €1,344,725 | €1,260,316 | -€84,409 | -6.3% |
| Plant, machinery and equipment | 23 | €6,295 | €5,137 | -€1,158 | -18.4% |
| Furniture and vehicles | 24 | €89,956 | €74,669 | -€15,288 | -17.0% |
| Assets under construction and advance payments | 27 | - | €72,541 | +€72,541 | |
| Financial fixed assets | 28 | €12,681,178 | €17,748,317 | +€5.1m | +40.0% |
| Affiliated companies | 280/1 | €12,681,178 | €17,748,317 | +€5.1m | +40.0% |
| Participating interests | 280 | €3,881,178 | €5,198,317 | +€1.3m | +33.9% |
| Amounts receivable | 281 | €8,800,000 | €12,550,000 | +€3.8m | +42.6% |
| Current assets | 29/58 | €4,039,868 | €2,085,777 | -€2.0m | -48.4% |
| Amounts receivable within one year | 40/41 | €1,161,024 | €1,296,573 | +€135,549 | +11.7% |
| Trade receivables | 40 | €269,268 | €539,668 | +€270,400 | +100% |
| Other amounts receivable | 41 | €891,756 | €756,905 | -€134,851 | -15.1% |
| Current investments | 50/53 | €610 | €612 | +€2 | +0.4% |
| Other investments | 51/53 | €610 | €612 | +€2 | +0.4% |
| Cash at bank and in hand | 54/58 | €2,777,299 | €686,818 | -€2.1m | -75.3% |
| Deferred charges and accrued income | 490/1 | €100,934 | €101,773 | +€839 | +0.8% |
| Total equity and liabilities | 10/49 | €18,162,022 | €21,246,757 | +€3.1m | +17.0% |
| Equity | 10/15 | €14,890,005 | €17,155,360 | +€2.3m | +15.2% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Capital | 10 | €1,050,000 | €1,050,000 | = | 0.0% |
| Issued capital | 100 | €1,050,000 | €1,050,000 | = | 0.0% |
| Reserves | 13 | €180,164 | €180,164 | = | 0.0% |
| Non-distributable reserves | 130/1 | €180,000 | €180,000 | = | 0.0% |
| Legal reserve | 130 | €180,000 | €180,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €164 | €164 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,659,841 | €15,925,195 | +€2.3m | +16.6% |
| Amounts payable | 17/49 | €3,272,017 | €4,091,397 | +€819,381 | +25.0% |
| Amounts payable after more than one year | 17 | €572,521 | €478,725 | -€93,796 | -16.4% |
| Financial debts | 170/4 | €119,456 | €68,082 | -€51,374 | -43.0% |
| Credit institutions | 173 | €119,456 | €68,082 | -€51,374 | -43.0% |
| Other amounts payable | 178/9 | €453,064 | €410,643 | -€42,421 | -9.4% |
| Amounts payable within one year | 42/48 | €2,699,496 | €3,612,672 | +€913,176 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €88,552 | €93,796 | +€5,244 | +5.9% |
| Trade debts | 44 | €31,001 | €77,958 | +€46,957 | +151% |
| Suppliers | 440/4 | €31,001 | €77,958 | +€46,957 | +151% |
| Taxes, remuneration and social security | 45 | €946,687 | €839,609 | -€107,078 | -11.3% |
| Taxes | 450/3 | €913,889 | €775,648 | -€138,240 | -15.1% |
| Remuneration and social security | 454/9 | €32,798 | €63,961 | +€31,162 | +95.0% |
| Other amounts payable | 47/48 | €1,633,256 | €2,601,310 | +€968,053 | +59.3% |
| Operating income | 70/76A | €633,364 | €1,688,570 | +€1.1m | +167% |
| Turnover | 70 | €199,100 | €332,904 | +€133,804 | +67.2% |
| Other operating income | 74 | €350,134 | €1,355,666 | +€1.0m | +287% |
| Non-recurring operating income | 76A | €84,130 | - | -€84,130 | |
| Operating charges | 60/66A | €1,507,053 | €1,852,185 | +€345,133 | +22.9% |
| Services and other goods | 61 | €1,078,364 | €1,266,821 | +€188,457 | +17.5% |
| Remuneration, social security and pensions | 62 | €223,899 | €428,296 | +€204,397 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,905 | €136,343 | -€53,562 | -28.2% |
| Other operating charges | 640/8 | €14,884 | €20,725 | +€5,841 | +39.2% |
| Operating profit (loss) | 9901 | -€873,688 | -€163,615 | +€710,073 | +81.3% |
| Financial income | 75/76B | €3,712,559 | €2,582,348 | -€1.1m | -30.4% |
| Recurring financial income | 75 | €3,712,559 | €2,582,348 | -€1.1m | -30.4% |
| Income from financial fixed assets | 750 | €3,457,331 | €2,582,344 | -€874,987 | -25.3% |
| Income from current assets | 751 | €255,228 | €4 | -€255,224 | -100.0% |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €136,447 | €151,987 | +€15,540 | +11.4% |
| Recurring financial charges | 65 | €136,447 | €151,987 | +€15,540 | +11.4% |
| Debt charges | 650 | €134,692 | €148,208 | +€13,516 | +10.0% |
| Other financial charges | 652/9 | €1,754 | €3,779 | +€2,024 | +115% |
| Profit (loss) for the period before taxes | 9903 | €2,702,424 | €2,266,746 | -€435,678 | -16.1% |
| Income taxes | 67/77 | €926 | €1,391 | +€465 | +50.2% |
| Taxes | 670/3 | €926 | €1,391 | +€465 | +50.2% |
| Profit (loss) for the period | 9904 | €2,701,498 | €2,265,355 | -€436,143 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,701,498 | €2,265,355 | -€436,143 | -16.1% |
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 26 October 2026 via checked.be.