DE WITTE: 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 WITTE
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+1039.6%), from €151,718 to €1.7m
of which Land and buildings: +€1.6m
- Receivables within one year +€235,000
new in 2025: €235,000
- Current investments +€24,520
new in 2025: €24,520
- Trade debts +€999,511
up €999,511 (+120859.9%), from €827 to €1.0m
- Other debts +€542,609
up €542,609 (+496.6%), from €109,264 to €651,873
- Debts after one year +€324,500
new in 2025: €324,500
of which Financial debts: +€300,000
- Profit (loss) carried forward -€25,542
down €25,542 (-419.8%), from -€6,084 to -€31,626
- Purchases and services +€50,088
up €50,088 (+376.1%), from €13,317 to €63,405
- Gross operating margin +€21,613
up €21,613, from -€2,667 to €18,946
- Financial charges +€11,416
up €11,416 (+3367.6%), from €339 to €11,755
- Depreciation +€11,191
up €11,191 (+133.5%), from €8,381 to €19,572
- Other operating charges +€1,434
up €1,434 (+63.8%), from €2,247 to €3,681
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 | €155,038 | €2,007,366 | +€1.9m | +1194.8% |
| Fixed assets | 21/28 | €151,851 | €1,729,113 | +€1.6m | +1038.7% |
| Tangible fixed assets | 22/27 | €151,718 | €1,728,980 | +€1.6m | +1039.6% |
| Land and buildings | 22 | €146,297 | €1,724,139 | +€1.6m | +1078.5% |
| Plant, machinery and equipment | 23 | €5,421 | €4,841 | -€580 | -10.7% |
| Financial fixed assets | 28 | €133 | €133 | = | 0.0% |
| Current assets | 29/58 | €3,187 | €278,253 | +€275,066 | +8630.9% |
| Amounts receivable within one year | 40/41 | - | €235,000 | +€235,000 | |
| Trade receivables | 40 | - | €235,000 | +€235,000 | |
| Current investments | 50/53 | - | €24,520 | +€24,520 | |
| Cash at bank and in hand | 54/58 | €3,187 | €18,733 | +€15,546 | +487.8% |
| Total equity and liabilities | 10/49 | €155,038 | €2,007,366 | +€1.9m | +1194.8% |
| Equity | 10/15 | €44,947 | €19,405 | -€25,542 | -56.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,439 | €32,439 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €30,580 | €30,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,084 | -€31,626 | -€25,542 | -419.8% |
| Amounts payable | 17/49 | €110,091 | €1,987,961 | +€1.9m | +1705.7% |
| Amounts payable after more than one year | 17 | - | €324,500 | +€324,500 | |
| Financial debts | 170/4 | - | €300,000 | +€300,000 | |
| Other amounts payable | 178/9 | - | €24,500 | +€24,500 | |
| Amounts payable within one year | 42/48 | €110,091 | €1,652,211 | +€1.5m | +1400.8% |
| Trade debts | 44 | €827 | €1,000,338 | +€999,511 | +120859.9% |
| Suppliers | 440/4 | €827 | €1,000,338 | +€999,511 | +120859.9% |
| Other amounts payable | 47/48 | €109,264 | €651,873 | +€542,609 | +496.6% |
| Accrued charges and deferred income | 492/3 | - | €11,250 | +€11,250 | |
| Goods, raw materials, services and sundry goods | 60/61 | €13,317 | €63,405 | +€50,088 | +376.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,381 | €19,572 | +€11,191 | +133.5% |
| Other operating charges | 640/8 | €2,247 | €3,681 | +€1,434 | +63.8% |
| Non-recurring operating charges | 66A | - | €9,500 | +€9,500 | |
| Gross operating margin | 9900 | -€2,667 | €18,946 | +€21,613 | |
| Operating profit (loss) | 9901 | -€13,295 | -€13,807 | -€512 | -3.9% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €339 | €11,755 | +€11,416 | +3367.6% |
| Recurring financial charges | 65 | €339 | €11,755 | +€11,416 | +3367.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,634 | -€25,542 | -€11,908 | -87.3% |
| Profit (loss) for the period | 9904 | -€13,634 | -€25,542 | -€11,908 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,634 | -€25,542 | -€11,908 | -87.3% |
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 4 October 2026 via checked.be.