DE WITTE & Co: 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 & Co
Largest movements
- Receivables within one year -€47,284
down €47,284 (-23.5%), from €200,883 to €153,600
of which Trade receivables: -€44,186
- Cash +€44,504
up €44,504 (+38.1%), from €116,953 to €161,456
mainly Net result for the year (+€134,637) and Receivables within one year (+€47,284)
- Tangible fixed assets -€4,947
down €4,947 (-46.3%), from €10,685 to €5,738
of which Furniture and vehicles: -€4,498
- Deferred charges and accrued income +€3,739
up €3,739 (+97.9%), from €3,819 to €7,558
- Trade debts -€19,546
down €19,546 (-22.7%), from €86,180 to €66,634
- Other debts +€18,313
up €18,313 (+15.7%), from €116,469 to €134,782
- Gross operating margin +€23,592
up €23,592 (+8.5%), from €278,459 to €302,051
- Taxes +€5,670
up €5,670 (+13.5%), from €41,931 to €47,602
- Staff costs -€3,609
down €3,609 (-3.0%), from €119,389 to €115,780
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.
Derived cash bridge
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 | €332,340 | €328,351 | -€3,989 | -1.2% |
| Fixed assets | 21/28 | €10,685 | €5,738 | -€4,947 | -46.3% |
| Tangible fixed assets | 22/27 | €10,685 | €5,738 | -€4,947 | -46.3% |
| Plant, machinery and equipment | 23 | €1,792 | €1,343 | -€449 | -25.1% |
| Furniture and vehicles | 24 | €8,893 | €4,395 | -€4,498 | -50.6% |
| Current assets | 29/58 | €321,655 | €322,614 | +€958 | +0.3% |
| Amounts receivable within one year | 40/41 | €200,883 | €153,600 | -€47,284 | -23.5% |
| Trade receivables | 40 | €197,092 | €152,905 | -€44,186 | -22.4% |
| Other amounts receivable | 41 | €3,792 | €694 | -€3,097 | -81.7% |
| Cash at bank and in hand | 54/58 | €116,953 | €161,456 | +€44,504 | +38.1% |
| Deferred charges and accrued income | 490/1 | €3,819 | €7,558 | +€3,739 | +97.9% |
| Total equity and liabilities | 10/49 | €332,340 | €328,351 | -€3,989 | -1.2% |
| Equity | 10/15 | €64,390 | €64,402 | +€12 | 0.0% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €58,110 | €58,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72 | €84 | +€12 | +16.8% |
| Amounts payable | 17/49 | €267,950 | €263,949 | -€4,001 | -1.5% |
| Amounts payable within one year | 42/48 | €267,950 | €263,912 | -€4,038 | -1.5% |
| Trade debts | 44 | €86,180 | €66,634 | -€19,546 | -22.7% |
| Suppliers | 440/4 | €86,180 | €66,634 | -€19,546 | -22.7% |
| Taxes, remuneration and social security | 45 | €65,302 | €62,497 | -€2,805 | -4.3% |
| Taxes | 450/3 | €49,029 | €45,605 | -€3,424 | -7.0% |
| Remuneration and social security | 454/9 | €16,273 | €16,892 | +€619 | +3.8% |
| Other amounts payable | 47/48 | €116,469 | €134,782 | +€18,313 | +15.7% |
| Accrued charges and deferred income | 492/3 | €0 | €37 | +€37 | |
| Non-recurring operating income | 76A | €1,646 | €0 | -€1,646 | -100% |
| Remuneration, social security and pensions | 62 | €119,389 | €115,780 | -€3,609 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,947 | €4,947 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€542 | €0 | +€542 | |
| Other operating charges | 640/8 | €534 | €847 | +€312 | +58.5% |
| Gross operating margin | 9900 | €278,459 | €302,051 | +€23,592 | +8.5% |
| Operating profit (loss) | 9901 | €154,129 | €180,477 | +€26,348 | +17.1% |
| Financial income | 75/76B | €802 | €1,912 | +€1,110 | +138% |
| Recurring financial income | 75 | €802 | €1,912 | +€1,110 | +138% |
| Financial charges | 65/66B | €137 | €150 | +€13 | +9.6% |
| Recurring financial charges | 65 | €137 | €150 | +€13 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €154,795 | €182,239 | +€27,444 | +17.7% |
| Income taxes | 67/77 | €41,931 | €47,602 | +€5,670 | +13.5% |
| Profit (loss) for the period | 9904 | €112,863 | €134,637 | +€21,774 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,863 | €134,637 | +€21,774 | +19.3% |
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 24 October 2026 via checked.be.