DE WIT: what changed
DE WIT
Largest movements
- Current investments +€70,000
new in 2025: €70,000
- Cash +€57,864
up €57,864 (+19.2%), from €301,672 to €359,536
mainly Net result for the year (+€72,159) and Receivables within one year (+€40,148)
- Receivables within one year -€40,148
down €40,148 (-43.2%), from €93,010 to €52,862
of which Trade receivables: -€38,163
- Tangible fixed assets -€29,518
down €29,518 (-26.2%), from €112,563 to €83,044
of which Furniture and vehicles: -€26,909
- Stocks and contracts -€10,718
down €10,718 (-82.9%), from €12,923 to €2,205
- Reserves +€72,159
up €72,159 (+47.8%), from €151,072 to €223,230
of which Distributable reserves: +€72,159
- Profit (loss) carried forward -€24,000
down €24,000 (-8.6%), from €278,622 to €254,622
- Other debts +€17,619
up €17,619 (+276%), from €6,381 to €24,000
- Tax, wage and social debts +€13,135
up €13,135 (+166%), from €7,903 to €21,038
of which Taxes: +€13,135
- Current portion of long-term debt -€10,590
down €10,590 (-48.0%), from €22,070 to €11,480
- Gross operating margin +€35,619
up €35,619 (+31.8%), from €112,130 to €147,749
- Taxes +€11,228
up €11,228 (+59.9%), from €18,745 to €29,973
- Financial charges -€1,762
down €1,762 (-34.9%), from €5,045 to €3,283
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,450 | €577,934 | +€49,484 | +9.4% |
| Fixed assets | 21/28 | €112,698 | €83,179 | -€29,518 | -26.2% |
| Tangible fixed assets | 22/27 | €112,563 | €83,044 | -€29,518 | -26.2% |
| Land and buildings | 22 | €54,509 | €51,313 | -€3,196 | -5.9% |
| Plant, machinery and equipment | 23 | €1,774 | €2,360 | +€586 | +33.1% |
| Furniture and vehicles | 24 | €56,279 | €29,371 | -€26,909 | -47.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €415,752 | €494,754 | +€79,002 | +19.0% |
| Stocks and contracts in progress | 3 | €12,923 | €2,205 | -€10,718 | -82.9% |
| Stocks | 30/36 | €12,923 | €2,205 | -€10,718 | -82.9% |
| Amounts receivable within one year | 40/41 | €93,010 | €52,862 | -€40,148 | -43.2% |
| Trade receivables | 40 | €74,808 | €36,644 | -€38,163 | -51.0% |
| Other amounts receivable | 41 | €18,203 | €16,218 | -€1,985 | -10.9% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €301,672 | €359,536 | +€57,864 | +19.2% |
| Deferred charges and accrued income | 490/1 | €8,147 | €10,151 | +€2,004 | +24.6% |
| Total equity and liabilities | 10/49 | €528,450 | €577,934 | +€49,484 | +9.4% |
| Equity | 10/15 | €448,285 | €496,444 | +€48,159 | +10.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €151,072 | €223,230 | +€72,159 | +47.8% |
| Tax-exempt reserves | 132 | €63,133 | €63,133 | = | 0.0% |
| Distributable reserves | 133 | €87,939 | €160,097 | +€72,159 | +82.1% |
| Profit (loss) carried forward | 14 | €278,622 | €254,622 | -€24,000 | -8.6% |
| Amounts payable | 17/49 | €80,165 | €81,490 | +€1,325 | +1.7% |
| Amounts payable after more than one year | 17 | €15,857 | €6,936 | -€8,922 | -56.3% |
| Financial debts | 170/4 | €15,857 | €6,936 | -€8,922 | -56.3% |
| Amounts payable within one year | 42/48 | €64,307 | €74,554 | +€10,247 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €22,070 | €11,480 | -€10,590 | -48.0% |
| Trade debts | 44 | €27,953 | €18,036 | -€9,918 | -35.5% |
| Suppliers | 440/4 | €27,953 | €18,036 | -€9,918 | -35.5% |
| Taxes, remuneration and social security | 45 | €7,903 | €21,038 | +€13,135 | +166% |
| Taxes | 450/3 | €2,603 | €15,738 | +€13,135 | +505% |
| Remuneration and social security | 454/9 | €5,300 | €5,300 | = | 0.0% |
| Other amounts payable | 47/48 | €6,381 | €24,000 | +€17,619 | +276% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,768 | €39,609 | +€840 | +2.2% |
| Other operating charges | 640/8 | €3,204 | €3,746 | +€541 | +16.9% |
| Gross operating margin | 9900 | €112,130 | €147,749 | +€35,619 | +31.8% |
| Operating profit (loss) | 9901 | €70,158 | €104,395 | +€34,237 | +48.8% |
| Financial income | 75/76B | €1,244 | €1,019 | -€225 | -18.1% |
| Recurring financial income | 75 | €1,244 | €1,019 | -€225 | -18.1% |
| Financial charges | 65/66B | €5,045 | €3,283 | -€1,762 | -34.9% |
| Recurring financial charges | 65 | €5,045 | €3,283 | -€1,762 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €66,356 | €102,131 | +€35,775 | +53.9% |
| Income taxes | 67/77 | €18,745 | €29,973 | +€11,228 | +59.9% |
| Profit (loss) for the period | 9904 | €47,611 | €72,159 | +€24,548 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,611 | €72,159 | +€24,548 | +51.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.