DE WIT: 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.
DE WIT
Largest movements
- Tangible fixed assets -€107,562
down €107,562 (-8.3%), from €1.3m to €1.2m
of which Plant, machinery and equipment: -€80,782
- Receivables within one year -€31,442
down €31,442 (-9.7%), from €324,195 to €292,752
of which Other amounts receivable: -€28,759
- Debts after one year -€94,484
down €94,484 (-10.4%), from €906,592 to €812,108
- Current portion of long-term debt -€37,747
down €37,747 (-28.5%), from €132,231 to €94,484
- Trade debts -€32,940
down €32,940 (-76.9%), from €42,810 to €9,870
- Other debts +€16,921
up €16,921 (+8.0%), from €210,867 to €227,789
- Tax, wage and social debts +€16,653
up €16,653 (+51.2%), from €32,514 to €49,168
of which Taxes: +€19,751
- Gross operating margin -€164,603
down €164,603 (-33.6%), from €489,823 to €325,220
- Staff costs -€83,290
down €83,290 (-48.4%), from €172,111 to €88,821
- Other operating charges -€22,980
down €22,980 (-61.9%), from €37,138 to €14,158
- Financial charges -€9,478
down €9,478 (-15.2%), from €62,517 to €53,039
- Depreciation -€7,305
down €7,305 (-6.4%), from €114,867 to €107,562
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.
Cash bridge derived
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 | €1,623,223 | €1,482,644 | -€140,579 | -8.7% |
| Fixed assets | 21/28 | €1,293,401 | €1,185,839 | -€107,562 | -8.3% |
| Tangible fixed assets | 22/27 | €1,293,401 | €1,185,839 | -€107,562 | -8.3% |
| Land and buildings | 22 | €881,894 | €857,246 | -€24,648 | -2.8% |
| Plant, machinery and equipment | 23 | €409,134 | €328,352 | -€80,782 | -19.7% |
| Furniture and vehicles | 24 | €2,374 | €241 | -€2,132 | -89.8% |
| Current assets | 29/58 | €329,822 | €296,805 | -€33,017 | -10.0% |
| Stocks and contracts in progress | 3 | €757 | €0 | -€757 | -100.0% |
| Stocks | 30/36 | €757 | €0 | -€757 | -100.0% |
| Amounts receivable within one year | 40/41 | €324,195 | €292,752 | -€31,442 | -9.7% |
| Trade receivables | 40 | €18,096 | €15,413 | -€2,683 | -14.8% |
| Other amounts receivable | 41 | €306,099 | €277,339 | -€28,759 | -9.4% |
| Cash at bank and in hand | 54/58 | €407 | €705 | +€298 | +73.1% |
| Deferred charges and accrued income | 490/1 | €4,463 | €3,348 | -€1,115 | -25.0% |
| Total equity and liabilities | 10/49 | €1,623,223 | €1,482,644 | -€140,579 | -8.7% |
| Equity | 10/15 | €268,678 | €276,858 | +€8,180 | +3.0% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €91,010 | €99,190 | +€8,180 | +9.0% |
| Non-distributable reserves | 130/1 | €3,493 | €3,493 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,493 | €3,493 | = | 0.0% |
| Distributable reserves | 133 | €87,518 | €95,698 | +€8,180 | +9.3% |
| Profit (loss) carried forward | 14 | €87,668 | €87,668 | = | 0.0% |
| Amounts payable | 17/49 | €1,354,545 | €1,205,787 | -€148,759 | -11.0% |
| Amounts payable after more than one year | 17 | €906,592 | €812,108 | -€94,484 | -10.4% |
| Financial debts | 170/4 | €906,592 | €812,108 | -€94,484 | -10.4% |
| Amounts payable within one year | 42/48 | €447,136 | €392,818 | -€54,318 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €132,231 | €94,484 | -€37,747 | -28.5% |
| Financial debts | 43 | €26,215 | €11,508 | -€14,707 | -56.1% |
| Credit institutions | 430/8 | €26,215 | €11,508 | -€14,707 | -56.1% |
| Trade debts | 44 | €42,810 | €9,870 | -€32,940 | -76.9% |
| Suppliers | 440/4 | €42,810 | €9,870 | -€32,940 | -76.9% |
| Advances received on contracts in progress | 46 | €2,499 | €0 | -€2,499 | -100.0% |
| Taxes, remuneration and social security | 45 | €32,514 | €49,168 | +€16,653 | +51.2% |
| Taxes | 450/3 | €29,417 | €49,168 | +€19,751 | +67.1% |
| Remuneration and social security | 454/9 | €3,097 | €0 | -€3,097 | -100.0% |
| Other amounts payable | 47/48 | €210,867 | €227,789 | +€16,921 | +8.0% |
| Accrued charges and deferred income | 492/3 | €817 | €861 | +€44 | +5.4% |
| Remuneration, social security and pensions | 62 | €172,111 | €88,821 | -€83,290 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,867 | €107,562 | -€7,305 | -6.4% |
| Other operating charges | 640/8 | €37,138 | €14,158 | -€22,980 | -61.9% |
| Gross operating margin | 9900 | €489,823 | €325,220 | -€164,603 | -33.6% |
| Operating profit (loss) | 9901 | €165,708 | €114,679 | -€51,029 | -30.8% |
| Financial income | 75/76B | €2,928 | €3,026 | +€98 | +3.3% |
| Recurring financial income | 75 | €2,928 | €3,026 | +€98 | +3.3% |
| Financial charges | 65/66B | €62,517 | €53,039 | -€9,478 | -15.2% |
| Recurring financial charges | 65 | €62,517 | €53,039 | -€9,478 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €106,119 | €64,666 | -€41,453 | -39.1% |
| Income taxes | 67/77 | €25,091 | €21,887 | -€3,204 | -12.8% |
| Profit (loss) for the period | 9904 | €81,028 | €42,779 | -€38,249 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €81,028 | €42,779 | -€38,249 | -47.2% |
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 11 October 2026 via checked.be.