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
- Cash -€14,581
down €14,581 (-13.3%), from €109,993 to €95,412
mainly Other debts (-€24,166) and Trade debts (-€10,867)
- Tangible fixed assets +€3,766
up €3,766 (+67.7%), from €5,563 to €9,329
of which Furniture and vehicles: +€6,451
- Receivables within one year -€3,314
down €3,314 (-50.3%), from €6,595 to €3,281
of which Trade receivables: -€3,266
- Stocks and contracts -€1,425
down €1,425 (-30.7%), from €4,641 to €3,215
- Other debts -€24,166
down €24,166 (-30.2%), from €79,946 to €55,780
- Profit (loss) carried forward +€15,096
up €15,096 (+63.5%), from -€23,780 to -€8,684
- Trade debts -€10,867
down €10,867 (-69.6%), from €15,617 to €4,750
- Tax, wage and social debts +€4,382
up €4,382 (+23.2%), from €18,870 to €23,252
of which Remuneration and social security: +€2,682
- Financial income +€6,008
up €6,008 (+1781.1%), from €337 to €6,345
of which Financial income: +€6,345
- Gross operating margin -€5,820
down €5,820 (-7.0%), from €83,222 to €77,402
- Staff costs +€4,663
up €4,663 (+8.3%), from €56,010 to €60,673
- Taxes +€1,661
up €1,661 (+827.6%), from €201 to €1,862
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 | €127,191 | €111,637 | -€15,554 | -12.2% |
| Fixed assets | 21/28 | €5,963 | €9,729 | +€3,766 | +63.2% |
| Tangible fixed assets | 22/27 | €5,563 | €9,329 | +€3,766 | +67.7% |
| Land and buildings | 22 | €524 | - | -€524 | |
| Plant, machinery and equipment | 23 | €4,962 | €2,800 | -€2,161 | -43.6% |
| Furniture and vehicles | 24 | €78 | €6,529 | +€6,451 | +8259.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €121,228 | €101,908 | -€19,321 | -15.9% |
| Stocks and contracts in progress | 3 | €4,641 | €3,215 | -€1,425 | -30.7% |
| Stocks | 30/36 | €4,641 | €3,215 | -€1,425 | -30.7% |
| Amounts receivable within one year | 40/41 | €6,595 | €3,281 | -€3,314 | -50.3% |
| Trade receivables | 40 | €4,144 | €878 | -€3,266 | -78.8% |
| Other amounts receivable | 41 | €2,451 | €2,402 | -€48 | -2.0% |
| Cash at bank and in hand | 54/58 | €109,993 | €95,412 | -€14,581 | -13.3% |
| Total equity and liabilities | 10/49 | €127,191 | €111,637 | -€15,554 | -12.2% |
| Equity | 10/15 | €12,759 | €27,855 | +€15,096 | +118.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,939 | €17,939 | = | 0.0% |
| 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 | €16,079 | €16,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,780 | -€8,684 | +€15,096 | +63.5% |
| Amounts payable | 17/49 | €114,433 | €83,782 | -€30,651 | -26.8% |
| Amounts payable within one year | 42/48 | €114,433 | €83,782 | -€30,651 | -26.8% |
| Trade debts | 44 | €15,617 | €4,750 | -€10,867 | -69.6% |
| Suppliers | 440/4 | €15,617 | €4,750 | -€10,867 | -69.6% |
| Taxes, remuneration and social security | 45 | €18,870 | €23,252 | +€4,382 | +23.2% |
| Taxes | 450/3 | €11,148 | €12,848 | +€1,700 | +15.3% |
| Remuneration and social security | 454/9 | €7,722 | €10,404 | +€2,682 | +34.7% |
| Other amounts payable | 47/48 | €79,946 | €55,780 | -€24,166 | -30.2% |
| Remuneration, social security and pensions | 62 | €56,010 | €60,673 | +€4,663 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,574 | €3,343 | -€230 | -6.4% |
| Other operating charges | 640/8 | €2,152 | €1,386 | -€766 | -35.6% |
| Gross operating margin | 9900 | €83,222 | €77,402 | -€5,820 | -7.0% |
| Operating profit (loss) | 9901 | €21,487 | €12,000 | -€9,487 | -44.2% |
| Financial income | 75/76B | €337 | €6,345 | +€6,008 | +1781.1% |
| Recurring financial income | 75 | €0 | €6,345 | +€6,345 | +12690040.0% |
| Non-recurring financial income | 76B | €337 | €6,345 | +€6,008 | +1781.4% |
| Financial charges | 65/66B | €712 | €1,387 | +€675 | +94.8% |
| Recurring financial charges | 65 | €608 | €980 | +€372 | +61.1% |
| Non-recurring financial charges | 66B | €103 | €407 | +€303 | +293.3% |
| Profit (loss) for the period before taxes | 9903 | €21,113 | €16,958 | -€4,155 | -19.7% |
| Income taxes | 67/77 | €201 | €1,862 | +€1,661 | +827.6% |
| Profit (loss) for the period | 9904 | €20,912 | €15,096 | -€5,816 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,912 | €15,096 | -€5,816 | -27.8% |
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 29 September 2026 via checked.be.