DE WIT A.: what changed
Two fiscal 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 A.
Largest movements
- Cash +€6,629
up €6,629 (+19.4%), from €34,251 to €40,879
mainly Net result for the year (+€7,019) and Depreciation (+€4,618)
- Tangible fixed assets -€2,842
down €2,842 (-5.0%), from €57,197 to €54,356
of which Land and buildings: -€4,393
- Reserves +€6,750
up €6,750 (+55.7%), from €12,110 to €18,860
of which Distributable reserves: +€6,750
- Other debts -€5,224
down €5,224 (-16.1%), from €32,477 to €27,253
- Tax, wage and social debts +€3,685
up €3,685 (+381.8%), from €965 to €4,650
- Debts after one year -€2,999
down €2,999 (-11.9%), from €25,191 to €22,192
- Gross operating margin +€9,772
up €9,772 (+109.7%), from €8,904 to €18,676
- Taxes +€2,986
up €2,986 (+1971.7%), from €151 to €3,138
- Depreciation -€2,506
down €2,506 (-35.2%), from €7,124 to €4,618
- Financial charges +€582
up €582 (+22.9%), from €2,546 to €3,127
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,217 | €98,195 | +€2,978 | +3.1% |
| Fixed assets | 21/28 | €57,197 | €54,356 | -€2,842 | -5.0% |
| Tangible fixed assets | 22/27 | €57,197 | €54,356 | -€2,842 | -5.0% |
| Land and buildings | 22 | €57,197 | €52,805 | -€4,393 | -7.7% |
| Plant, machinery and equipment | 23 | - | €1,551 | +€1,551 | |
| Current assets | 29/58 | €38,020 | €43,839 | +€5,820 | +15.3% |
| Amounts receivable within one year | 40/41 | €3,410 | €2,589 | -€821 | -24.1% |
| Trade receivables | 40 | €1,257 | €2,589 | +€1,331 | +105.9% |
| Other amounts receivable | 41 | €2,153 | - | -€2,153 | |
| Cash at bank and in hand | 54/58 | €34,251 | €40,879 | +€6,629 | +19.4% |
| Deferred charges and accrued income | 490/1 | €359 | €371 | +€12 | +3.3% |
| Total equity and liabilities | 10/49 | €95,217 | €98,195 | +€2,978 | +3.1% |
| Equity | 10/15 | €33,574 | €40,593 | +€7,019 | +20.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,110 | €18,860 | +€6,750 | +55.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,250 | €17,000 | +€6,750 | +65.9% |
| Profit (loss) carried forward | 14 | €2,864 | €3,133 | +€269 | +9.4% |
| Amounts payable | 17/49 | €61,643 | €57,602 | -€4,041 | -6.6% |
| Amounts payable after more than one year | 17 | €25,191 | €22,192 | -€2,999 | -11.9% |
| Financial debts | 170/4 | €25,191 | €22,192 | -€2,999 | -11.9% |
| Amounts payable within one year | 42/48 | €36,453 | €35,411 | -€1,042 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €2,939 | €2,999 | +€60 | +2.0% |
| Trade debts | 44 | €72 | €509 | +€437 | +604.2% |
| Suppliers | 440/4 | €72 | €509 | +€437 | +604.2% |
| Taxes, remuneration and social security | 45 | €965 | €4,650 | +€3,685 | +381.8% |
| Taxes | 450/3 | €965 | €4,650 | +€3,685 | +381.8% |
| Other amounts payable | 47/48 | €32,477 | €27,253 | -€5,224 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,124 | €4,618 | -€2,506 | -35.2% |
| Other operating charges | 640/8 | €731 | €808 | +€77 | +10.5% |
| Gross operating margin | 9900 | €8,904 | €18,676 | +€9,772 | +109.7% |
| Operating profit (loss) | 9901 | €1,049 | €13,250 | +€12,201 | +1162.7% |
| Financial income | 75/76B | €18 | €34 | +€16 | +94.2% |
| Recurring financial income | 75 | €18 | €34 | +€16 | +94.2% |
| Financial charges | 65/66B | €2,546 | €3,127 | +€582 | +22.9% |
| Recurring financial charges | 65 | €2,546 | €3,127 | +€582 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,479 | €10,157 | +€11,635 | |
| Income taxes | 67/77 | €151 | €3,138 | +€2,986 | +1971.7% |
| Profit (loss) for the period | 9904 | -€1,630 | €7,019 | +€8,649 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,630 | €7,019 | +€8,649 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.