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
- Receivables within one year +€21,275
up €21,275 (+94.2%), from €22,586 to €43,861
of which Other amounts receivable: +€10,674
- Cash -€16,973
down €16,973 (-64.7%), from €26,239 to €9,266
mainly Receivables within one year (-€21,275) and Tax, wage and social debts (-€1,562)
- Profit (loss) carried forward +€3,317
up €3,317 (+4792.6%), from €69 to €3,386
- Trade debts +€2,184
up €2,184 (+549.3%), from €397 to €2,581
- Tax, wage and social debts -€1,562
down €1,562 (-18.4%), from €8,509 to €6,947
- Gross operating margin -€36,628
down €36,628 (-83.7%), from €43,782 to €7,154
- Taxes -€7,100
down €7,100 (-70.6%), from €10,056 to €2,956
- Financial income +€522
up €522 (+173.6%), from €301 to €823
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 | €51,976 | €56,093 | +€4,117 | +7.9% |
| Fixed assets | 21/28 | €3,151 | €2,610 | -€540 | -17.2% |
| Tangible fixed assets | 22/27 | €3,151 | €2,610 | -€540 | -17.2% |
| Furniture and vehicles | 24 | €3,151 | €2,610 | -€540 | -17.2% |
| Current assets | 29/58 | €48,825 | €53,483 | +€4,658 | +9.5% |
| Amounts receivable within one year | 40/41 | €22,586 | €43,861 | +€21,275 | +94.2% |
| Trade receivables | 40 | €13,381 | €23,982 | +€10,601 | +79.2% |
| Other amounts receivable | 41 | €9,205 | €19,879 | +€10,674 | +116.0% |
| Cash at bank and in hand | 54/58 | €26,239 | €9,266 | -€16,973 | -64.7% |
| Deferred charges and accrued income | 490/1 | - | €356 | +€356 | |
| Total equity and liabilities | 10/49 | €51,976 | €56,093 | +€4,117 | +7.9% |
| Equity | 10/15 | €43,069 | €46,386 | +€3,317 | +7.7% |
| Reserves | 13 | €43,000 | €43,000 | = | 0.0% |
| Distributable reserves | 133 | €43,000 | €43,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69 | €3,386 | +€3,317 | +4792.6% |
| Amounts payable | 17/49 | €8,907 | €9,707 | +€800 | +9.0% |
| Amounts payable within one year | 42/48 | €8,907 | €9,528 | +€621 | +7.0% |
| Trade debts | 44 | €397 | €2,581 | +€2,184 | +549.3% |
| Suppliers | 440/4 | €397 | €2,581 | +€2,184 | +549.3% |
| Taxes, remuneration and social security | 45 | €8,509 | €6,947 | -€1,562 | -18.4% |
| Taxes | 450/3 | €8,509 | €6,947 | -€1,562 | -18.4% |
| Accrued charges and deferred income | 492/3 | - | €179 | +€179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,465 | €1,509 | +€44 | +3.0% |
| Other operating charges | 640/8 | €56 | - | -€56 | |
| Gross operating margin | 9900 | €43,782 | €7,154 | -€36,628 | -83.7% |
| Operating profit (loss) | 9901 | €42,260 | €5,645 | -€36,615 | -86.6% |
| Financial income | 75/76B | €301 | €823 | +€522 | +173.6% |
| Recurring financial income | 75 | €301 | €823 | +€522 | +173.6% |
| Financial charges | 65/66B | €258 | €196 | -€63 | -24.3% |
| Recurring financial charges | 65 | €258 | €196 | -€63 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €42,303 | €6,272 | -€36,031 | -85.2% |
| Income taxes | 67/77 | €10,056 | €2,956 | -€7,100 | -70.6% |
| Profit (loss) for the period | 9904 | €32,247 | €3,317 | -€28,930 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,247 | €3,317 | -€28,930 | -89.7% |
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 1 October 2026 via checked.be.