De Witte & Brown: 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 & Brown
Largest movements
- Receivables within one year +€48,066
up €48,066 (+80.3%), from €59,879 to €107,945
of which Other amounts receivable: +€28,886
- Cash -€9,588
down €9,588 (-57.8%), from €16,601 to €7,013
mainly Receivables within one year (-€48,066) and Trade debts (-€28,209)
- Profit (loss) carried forward +€30,279
up €30,279 (+631.7%), from €4,793 to €35,072
- Trade debts -€28,209
down €28,209 (-64.3%), from €43,888 to €15,679
- Tax, wage and social debts +€20,296
up €20,296 (+408.2%), from €4,972 to €25,268
of which Taxes: +€19,612
- Other debts +€16,000
new in 2025: €16,000
- Gross operating margin +€36,913
up €36,913 (+135.2%), from €27,295 to €64,208
- Taxes +€11,401
up €11,401 (+224.8%), from €5,072 to €16,473
- Other operating charges +€10,370
up €10,370 (+3049.0%), from €340 to €10,710
- Financial charges +€6,048
up €6,048 (+206.8%), from €2,925 to €8,973
of which Non-recurring financial charges: +€6,728
- Financial income +€853
up €853 (+57.4%), from €1,486 to €2,339
of which Financial income: +€847
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 | €76,705 | €115,070 | +€38,365 | +50.0% |
| Fixed assets | 21/28 | €225 | €112 | -€112 | -50.0% |
| Tangible fixed assets | 22/27 | €225 | €112 | -€112 | -50.0% |
| Other tangible fixed assets | 26 | €225 | €112 | -€112 | -50.0% |
| Current assets | 29/58 | €76,480 | €114,958 | +€38,478 | +50.3% |
| Amounts receivable within one year | 40/41 | €59,879 | €107,945 | +€48,066 | +80.3% |
| Trade receivables | 40 | €26,342 | €45,523 | +€19,181 | +72.8% |
| Other amounts receivable | 41 | €33,537 | €62,422 | +€28,886 | +86.1% |
| Cash at bank and in hand | 54/58 | €16,601 | €7,013 | -€9,588 | -57.8% |
| Total equity and liabilities | 10/49 | €76,705 | €115,070 | +€38,365 | +50.0% |
| Equity | 10/15 | €27,845 | €58,124 | +€30,279 | +108.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,452 | €4,452 | = | 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 | €2,592 | €2,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,793 | €35,072 | +€30,279 | +631.7% |
| Amounts payable | 17/49 | €48,860 | €56,947 | +€8,086 | +16.6% |
| Amounts payable within one year | 42/48 | €48,860 | €56,947 | +€8,086 | +16.6% |
| Trade debts | 44 | €43,888 | €15,679 | -€28,209 | -64.3% |
| Suppliers | 440/4 | €43,888 | €15,679 | -€28,209 | -64.3% |
| Taxes, remuneration and social security | 45 | €4,972 | €25,268 | +€20,296 | +408.2% |
| Taxes | 450/3 | €4,375 | €23,988 | +€19,612 | +448.2% |
| Remuneration and social security | 454/9 | €596 | €1,280 | +€684 | +114.6% |
| Other amounts payable | 47/48 | - | €16,000 | +€16,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €564 | €112 | -€452 | -80.1% |
| Other operating charges | 640/8 | €340 | €10,710 | +€10,370 | +3049.0% |
| Gross operating margin | 9900 | €27,295 | €64,208 | +€36,913 | +135.2% |
| Operating profit (loss) | 9901 | €26,390 | €53,385 | +€26,995 | +102.3% |
| Financial income | 75/76B | €1,486 | €2,339 | +€853 | +57.4% |
| Recurring financial income | 75 | €1,486 | €2,334 | +€847 | +57.0% |
| Non-recurring financial income | 76B | - | €6 | +€6 | |
| Financial charges | 65/66B | €2,925 | €8,973 | +€6,048 | +206.8% |
| Recurring financial charges | 65 | €2,925 | €2,245 | -€680 | -23.2% |
| Non-recurring financial charges | 66B | - | €6,728 | +€6,728 | |
| Profit (loss) for the period before taxes | 9903 | €24,952 | €46,752 | +€21,800 | +87.4% |
| Income taxes | 67/77 | €5,072 | €16,473 | +€11,401 | +224.8% |
| Profit (loss) for the period | 9904 | €19,879 | €30,279 | +€10,399 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,879 | €30,279 | +€10,399 | +52.3% |
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.