DE WITTE BO: 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 WITTE BO
Largest movements
- Cash -€3,141
down €3,141 (-51.2%), from €6,129 to €2,988
mainly Investment in fixed assets (net) (-€24,960) and Trade debts (-€7,204)
- Tangible fixed assets +€1,704
up €1,704 (+2.1%), from €81,112 to €82,816
of which Furniture and vehicles: +€4,533
- Trade debts -€7,204
down €7,204 (-14.4%), from €49,945 to €42,740
- Current portion of long-term debt +€6,314
up €6,314 (+44.3%), from €14,266 to €20,579
- Debts after one year -€1,973
down €1,973 (-4.4%), from €45,357 to €43,383
- Depreciation +€4,468
up €4,468 (+23.8%), from €18,788 to €23,256
- Gross operating margin -€3,567
down €3,567 (-10.8%), from €33,102 to €29,534
- Financial charges -€930
down €930 (-14.6%), from €6,356 to €5,426
- Other operating charges -€526
down €526 (-62.4%), from €844 to €317
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 | €121,287 | €120,502 | -€785 | -0.6% |
| Fixed assets | 21/28 | €81,112 | €82,816 | +€1,704 | +2.1% |
| Tangible fixed assets | 22/27 | €81,112 | €82,816 | +€1,704 | +2.1% |
| Plant, machinery and equipment | 23 | €8,402 | €5,572 | -€2,830 | -33.7% |
| Furniture and vehicles | 24 | €72,710 | €77,244 | +€4,533 | +6.2% |
| Current assets | 29/58 | €40,175 | €37,686 | -€2,489 | -6.2% |
| Stocks and contracts in progress | 3 | €13,428 | €13,000 | -€428 | -3.2% |
| Contracts in progress | 37 | €13,428 | €13,000 | -€428 | -3.2% |
| Amounts receivable within one year | 40/41 | €20,618 | €21,212 | +€593 | +2.9% |
| Trade receivables | 40 | €10,210 | €7,927 | -€2,283 | -22.4% |
| Other amounts receivable | 41 | €10,408 | €13,285 | +€2,877 | +27.6% |
| Cash at bank and in hand | 54/58 | €6,129 | €2,988 | -€3,141 | -51.2% |
| Deferred charges and accrued income | 490/1 | - | €487 | +€487 | |
| Total equity and liabilities | 10/49 | €121,287 | €120,502 | -€785 | -0.6% |
| Equity | 10/15 | €9,403 | €9,444 | +€41 | +0.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,403 | €6,444 | +€41 | +0.6% |
| Distributable reserves | 133 | €6,403 | €6,444 | +€41 | +0.6% |
| Amounts payable | 17/49 | €111,884 | €111,058 | -€826 | -0.7% |
| Amounts payable after more than one year | 17 | €45,357 | €43,383 | -€1,973 | -4.4% |
| Financial debts | 170/4 | €45,357 | €43,383 | -€1,973 | -4.4% |
| Amounts payable within one year | 42/48 | €66,527 | €66,755 | +€228 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €14,266 | €20,579 | +€6,314 | +44.3% |
| Trade debts | 44 | €49,945 | €42,740 | -€7,204 | -14.4% |
| Suppliers | 440/4 | €49,945 | €42,740 | -€7,204 | -14.4% |
| Taxes, remuneration and social security | 45 | €2,317 | €3,435 | +€1,118 | +48.3% |
| Taxes | 450/3 | €1,067 | €1,935 | +€868 | +81.4% |
| Remuneration and social security | 454/9 | €1,250 | €1,500 | +€250 | +20.0% |
| Accrued charges and deferred income | 492/3 | - | €920 | +€920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,788 | €23,256 | +€4,468 | +23.8% |
| Other operating charges | 640/8 | €844 | €317 | -€526 | -62.4% |
| Gross operating margin | 9900 | €33,102 | €29,534 | -€3,567 | -10.8% |
| Operating profit (loss) | 9901 | €13,470 | €5,961 | -€7,509 | -55.7% |
| Financial income | 75/76B | €357 | €250 | -€107 | -30.0% |
| Recurring financial income | 75 | €357 | €250 | -€107 | -30.0% |
| Financial charges | 65/66B | €6,356 | €5,426 | -€930 | -14.6% |
| Recurring financial charges | 65 | €6,356 | €5,426 | -€930 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €7,470 | €784 | -€6,686 | -89.5% |
| Income taxes | 67/77 | €1,067 | €743 | -€324 | -30.3% |
| Profit (loss) for the period | 9904 | €6,403 | €41 | -€6,362 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,403 | €41 | -€6,362 | -99.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.