DE WIT INVEST: what changed
DE WIT INVEST
Largest movements
- Tangible fixed assets +€104,314
up €104,314 (+34.0%), from €307,042 to €411,356
of which Furniture and vehicles: +€113,121
- Cash -€24,120
down €24,120 (-53.2%), from €45,299 to €21,179
mainly Contributions, distributions and other (-€188,500) and Investment in fixed assets (net) (-€125,913)
- Receivables within one year +€18,465
up €18,465 (+6.2%), from €296,384 to €314,849
of which Other amounts receivable: +€18,465
- Current investments +€13,588
up €13,588 (+24.9%), from €54,600 to €68,188
- Reserves +€45,000
up €45,000 (+16.4%), from €274,360 to €319,360
- Short-term financial debts +€28,719
new in 2025: €28,719
- Tax, wage and social debts +€25,365
up €25,365 (+302%), from €8,400 to €33,765
- Current portion of long-term debt +€12,533
up €12,533 (+18.3%), from €68,300 to €80,833
- Gross operating margin +€292,266
up €292,266 (+436%), from €67,044 to €359,310
- Financial income -€119,471
down €119,471 (-98.4%), from €121,417 to €1,946
of which Non-recurring financial income: -€119,000
- Taxes +€86,772
up €86,772 (+1,083%), from €8,014 to €94,786
- Financial charges -€11,186
down €11,186 (-56.7%), from €19,724 to €8,538
of which Non-recurring financial charges: -€13,426
- Depreciation +€8,565
up €8,565 (+65.7%), from €13,034 to €21,599
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 | €825,177 | €941,308 | +€116,130 | +14.1% |
| Fixed assets | 21/28 | €309,042 | €413,356 | +€104,314 | +33.8% |
| Tangible fixed assets | 22/27 | €307,042 | €411,356 | +€104,314 | +34.0% |
| Land and buildings | 22 | €279,119 | €272,213 | -€6,906 | -2.5% |
| Plant, machinery and equipment | 23 | €4,806 | €3,580 | -€1,226 | -25.5% |
| Furniture and vehicles | 24 | €20,140 | €133,261 | +€113,121 | +562% |
| Other tangible fixed assets | 26 | €2,978 | €2,303 | -€675 | -22.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €516,135 | €527,951 | +€11,816 | +2.3% |
| Amounts receivable after more than one year | 29 | €118,600 | €118,600 | = | 0.0% |
| Other amounts receivable | 291 | €118,600 | €118,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €296,384 | €314,849 | +€18,465 | +6.2% |
| Trade receivables | 40 | €13,500 | €13,500 | = | 0.0% |
| Other amounts receivable | 41 | €282,884 | €301,349 | +€18,465 | +6.5% |
| Current investments | 50/53 | €54,600 | €68,188 | +€13,588 | +24.9% |
| Cash at bank and in hand | 54/58 | €45,299 | €21,179 | -€24,120 | -53.2% |
| Deferred charges and accrued income | 490/1 | €1,252 | €5,135 | +€3,883 | +310% |
| Total equity and liabilities | 10/49 | €825,177 | €941,308 | +€116,130 | +14.1% |
| Equity | 10/15 | €313,625 | €359,085 | +€45,460 | +14.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €274,360 | €319,360 | +€45,000 | +16.4% |
| Distributable reserves | 133 | €274,360 | €319,360 | +€45,000 | +16.4% |
| Profit (loss) carried forward | 14 | €26,865 | €27,325 | +€460 | +1.7% |
| Amounts payable | 17/49 | €511,552 | €582,222 | +€70,670 | +13.8% |
| Amounts payable after more than one year | 17 | €248,546 | €248,782 | +€235 | +0.1% |
| Financial debts | 170/4 | €248,546 | €248,782 | +€235 | +0.1% |
| Amounts payable within one year | 42/48 | €263,006 | €333,440 | +€70,435 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €68,300 | €80,833 | +€12,533 | +18.3% |
| Financial debts | 43 | - | €28,719 | +€28,719 | |
| Credit institutions | 430/8 | - | €28,719 | +€28,719 | |
| Trade debts | 44 | €1,849 | €1,624 | -€225 | -12.2% |
| Suppliers | 440/4 | €1,849 | €1,624 | -€225 | -12.2% |
| Taxes, remuneration and social security | 45 | €8,400 | €33,765 | +€25,365 | +302% |
| Taxes | 450/3 | €8,400 | €33,765 | +€25,365 | +302% |
| Other amounts payable | 47/48 | €184,457 | €188,500 | +€4,043 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,034 | €21,599 | +€8,565 | +65.7% |
| Other operating charges | 640/8 | €2,233 | €2,373 | +€140 | +6.3% |
| Gross operating margin | 9900 | €67,044 | €359,310 | +€292,266 | +436% |
| Operating profit (loss) | 9901 | €51,777 | €335,338 | +€283,560 | +548% |
| Financial income | 75/76B | €121,417 | €1,946 | -€119,471 | -98.4% |
| Recurring financial income | 75 | €2,417 | €1,946 | -€471 | -19.5% |
| Non-recurring financial income | 76B | €119,000 | - | -€119,000 | |
| Financial charges | 65/66B | €19,724 | €8,538 | -€11,186 | -56.7% |
| Recurring financial charges | 65 | €6,298 | €8,538 | +€2,240 | +35.6% |
| Non-recurring financial charges | 66B | €13,426 | - | -€13,426 | |
| Profit (loss) for the period before taxes | 9903 | €153,471 | €328,746 | +€175,275 | +114% |
| Income taxes | 67/77 | €8,014 | €94,786 | +€86,772 | +1,083% |
| Profit (loss) for the period | 9904 | €145,457 | €233,960 | +€88,503 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €145,457 | €233,960 | +€88,503 | +60.8% |
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 2 November 2026 via checked.be.