De Withoef: 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 Withoef
Largest movements
- Cash +€4,237
up €4,237 (+22.0%), from €19,284 to €23,521
mainly Net result for the year (+€3,808) and Receivables within one year (+€889)
- Receivables within one year -€889
no longer reported in 2025 (was €889)
- Profit (loss) carried forward +€3,808
up €3,808 (+4.4%), from -€86,442 to -€82,634
- Other debts -€460
down €460 (-1.0%), from €45,145 to €44,685
- Gross operating margin +€1,660
up €1,660 (+57.8%), from €2,874 to €4,534
- Depreciation -€671
no longer reported in 2025 (was €671)
- Financial charges +€56
up €56 (+27.2%), from €208 to €264
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 | €21,818 | €25,220 | +€3,402 | +15.6% |
| Fixed assets | 21/28 | €497 | €497 | = | 0.0% |
| Financial fixed assets | 28 | €497 | €497 | = | 0.0% |
| Current assets | 29/58 | €21,321 | €24,723 | +€3,402 | +16.0% |
| Amounts receivable within one year | 40/41 | €889 | - | -€889 | |
| Other amounts receivable | 41 | €889 | - | -€889 | |
| Cash at bank and in hand | 54/58 | €19,284 | €23,521 | +€4,237 | +22.0% |
| Deferred charges and accrued income | 490/1 | €1,148 | €1,202 | +€55 | +4.8% |
| Total equity and liabilities | 10/49 | €21,818 | €25,220 | +€3,402 | +15.6% |
| Equity | 10/15 | -€24,468 | -€20,660 | +€3,808 | +15.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,442 | -€82,634 | +€3,808 | +4.4% |
| Amounts payable | 17/49 | €46,286 | €45,880 | -€405 | -0.9% |
| Amounts payable within one year | 42/48 | €46,286 | €45,880 | -€405 | -0.9% |
| Trade debts | 44 | €1,141 | €1,196 | +€55 | +4.8% |
| Suppliers | 440/4 | €1,141 | €1,196 | +€55 | +4.8% |
| Other amounts payable | 47/48 | €45,145 | €44,685 | -€460 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €671 | - | -€671 | |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €2,874 | €4,534 | +€1,660 | +57.8% |
| Operating profit (loss) | 9901 | €1,753 | €4,072 | +€2,319 | +132.3% |
| Financial charges | 65/66B | €208 | €264 | +€56 | +27.2% |
| Recurring financial charges | 65 | €208 | €264 | +€56 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €1,545 | €3,808 | +€2,263 | +146.4% |
| Profit (loss) for the period | 9904 | €1,545 | €3,808 | +€2,263 | +146.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,545 | €3,808 | +€2,263 | +146.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.