De Witlofcompagnie: 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 Witlofcompagnie
Largest movements
- Receivables within one year -€24,261
down €24,261 (-34.6%), from €70,065 to €45,804
of which Trade receivables: -€24,900
- Tangible fixed assets -€8,067
down €8,067 (-15.3%), from €52,731 to €44,664
of which Land and buildings: -€7,774
- Cash +€2,228
up €2,228 (+21.5%), from €10,363 to €12,591
mainly Receivables within one year (+€24,261) and Depreciation (+€8,066)
- Other debts -€21,080
down €21,080 (-95.0%), from €22,179 to €1,099
- Tax, wage and social debts -€3,979
down €3,979 (-80.9%), from €4,920 to €941
- Reserves -€3,888
down €3,888 (-4.1%), from €95,645 to €91,757
- Short-term financial debts -€2,077
no longer reported in 2025 (was €2,077)
- Gross operating margin -€13,946
down €13,946 (-48.3%), from €28,880 to €14,934
- Taxes +€4,542
new in 2025: €4,542
- Financial charges +€2,068
up €2,068 (+680%), from €304 to €2,372
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.
Derived cash bridge
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 | €133,208 | €103,109 | -€30,099 | -22.6% |
| Fixed assets | 21/28 | €52,780 | €44,714 | -€8,066 | -15.3% |
| Tangible fixed assets | 22/27 | €52,731 | €44,664 | -€8,067 | -15.3% |
| Land and buildings | 22 | €52,146 | €44,372 | -€7,774 | -14.9% |
| Furniture and vehicles | 24 | €585 | €292 | -€293 | -50.1% |
| Financial fixed assets | 28 | €50 | €50 | +€0 | +0.8% |
| Current assets | 29/58 | €80,427 | €58,395 | -€22,032 | -27.4% |
| Amounts receivable within one year | 40/41 | €70,065 | €45,804 | -€24,261 | -34.6% |
| Trade receivables | 40 | €70,065 | €45,165 | -€24,900 | -35.5% |
| Other amounts receivable | 41 | - | €639 | +€639 | |
| Cash at bank and in hand | 54/58 | €10,363 | €12,591 | +€2,228 | +21.5% |
| Total equity and liabilities | 10/49 | €133,208 | €103,109 | -€30,099 | -22.6% |
| Equity | 10/15 | €101,851 | €97,962 | -€3,889 | -3.8% |
| Contributions | 10/11 | €6,205 | €6,205 | -€0 | 0.0% |
| Reserves | 13 | €95,645 | €91,757 | -€3,888 | -4.1% |
| Distributable reserves | 133 | €95,645 | €91,757 | -€3,888 | -4.1% |
| Amounts payable | 17/49 | €31,357 | €5,147 | -€26,210 | -83.6% |
| Amounts payable within one year | 42/48 | €29,176 | €2,898 | -€26,278 | -90.1% |
| Financial debts | 43 | €2,077 | - | -€2,077 | |
| Credit institutions | 430/8 | €2,077 | - | -€2,077 | |
| Trade debts | 44 | - | €858 | +€858 | |
| Suppliers | 440/4 | - | €858 | +€858 | |
| Taxes, remuneration and social security | 45 | €4,920 | €941 | -€3,979 | -80.9% |
| Taxes | 450/3 | €4,920 | €941 | -€3,979 | -80.9% |
| Other amounts payable | 47/48 | €22,179 | €1,099 | -€21,080 | -95.0% |
| Accrued charges and deferred income | 492/3 | €2,181 | €2,249 | +€68 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,066 | €8,066 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,442 | €3,593 | +€151 | +4.4% |
| Non-recurring operating charges | 66A | €125 | €250 | +€125 | +100% |
| Gross operating margin | 9900 | €28,880 | €14,934 | -€13,946 | -48.3% |
| Operating profit (loss) | 9901 | €17,247 | €3,025 | -€14,222 | -82.5% |
| Financial income | 75/76B | €68 | - | -€68 | |
| Recurring financial income | 75 | €68 | - | -€68 | |
| Financial charges | 65/66B | €304 | €2,372 | +€2,068 | +680% |
| Recurring financial charges | 65 | €304 | €2,372 | +€2,068 | +680% |
| Profit (loss) for the period before taxes | 9903 | €17,010 | €653 | -€16,357 | -96.2% |
| Income taxes | 67/77 | - | €4,542 | +€4,542 | |
| Profit (loss) for the period | 9904 | €17,010 | -€3,889 | -€20,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,010 | -€3,889 | -€20,899 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.