DE WITTE FENIX: 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 FENIX
Largest movements
- Cash -€8,501
down €8,501 (-85.6%), from €9,929 to €1,429
mainly Net result for the year (-€9,848) and Investment in fixed assets (net) (-€7,824)
- Tangible fixed assets -€3,178
down €3,178 (-6.5%), from €48,886 to €45,709
of which Furniture and vehicles: -€8,396
- Profit (loss) carried forward -€9,848
new in 2025: -€9,848
- Debts after one year -€4,861
down €4,861 (-14.4%), from €33,742 to €28,881
- Trade debts +€2,120
up €2,120 (+800%), from €265 to €2,384
- Gross operating margin -€11,369
down €11,369 (-86.5%), from €13,145 to €1,776
- Depreciation +€7,927
up €7,927 (+258%), from €3,074 to €11,001
- Taxes -€1,681
down €1,681 (-92.3%), from €1,821 to €140
- Financial charges -€268
down €268 (-80.4%), from €333 to €65
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 | €67,033 | €55,277 | -€11,756 | -17.5% |
| Fixed assets | 21/28 | €48,886 | €45,709 | -€3,178 | -6.5% |
| Tangible fixed assets | 22/27 | €48,886 | €45,709 | -€3,178 | -6.5% |
| Land and buildings | 22 | - | €4,253 | +€4,253 | |
| Plant, machinery and equipment | 23 | €8,305 | €9,270 | +€966 | +11.6% |
| Furniture and vehicles | 24 | €40,582 | €32,185 | -€8,396 | -20.7% |
| Current assets | 29/58 | €18,146 | €9,568 | -€8,578 | -47.3% |
| Amounts receivable within one year | 40/41 | €6,445 | €5,854 | -€592 | -9.2% |
| Trade receivables | 40 | €2,990 | €3,515 | +€526 | +17.6% |
| Other amounts receivable | 41 | €3,456 | €2,339 | -€1,117 | -32.3% |
| Cash at bank and in hand | 54/58 | €9,929 | €1,429 | -€8,501 | -85.6% |
| Deferred charges and accrued income | 490/1 | €1,772 | €2,286 | +€514 | +29.0% |
| Total equity and liabilities | 10/49 | €67,033 | €55,277 | -€11,756 | -17.5% |
| Equity | 10/15 | €31,205 | €21,356 | -€9,848 | -31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,605 | €12,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €10,745 | €12,605 | +€1,860 | +17.3% |
| Profit (loss) carried forward | 14 | - | -€9,848 | -€9,848 | |
| Amounts payable | 17/49 | €35,828 | €33,920 | -€1,907 | -5.3% |
| Amounts payable after more than one year | 17 | €33,742 | €28,881 | -€4,861 | -14.4% |
| Other amounts payable | 178/9 | €33,742 | €28,881 | -€4,861 | -14.4% |
| Amounts payable within one year | 42/48 | €2,086 | €4,847 | +€2,761 | +132% |
| Trade debts | 44 | €265 | €2,384 | +€2,120 | +800% |
| Suppliers | 440/4 | €265 | €2,384 | +€2,120 | +800% |
| Taxes, remuneration and social security | 45 | €1,821 | €2,463 | +€641 | +35.2% |
| Taxes | 450/3 | €1,821 | €140 | -€1,681 | -92.3% |
| Remuneration and social security | 454/9 | - | €2,322 | +€2,322 | |
| Accrued charges and deferred income | 492/3 | - | €193 | +€193 | |
| Non-recurring operating income | 76A | €1,492 | - | -€1,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,074 | €11,001 | +€7,927 | +258% |
| Other operating charges | 640/8 | €440 | €451 | +€11 | +2.5% |
| Gross operating margin | 9900 | €13,145 | €1,776 | -€11,369 | -86.5% |
| Operating profit (loss) | 9901 | €9,630 | -€9,677 | -€19,307 | |
| Financial income | 75/76B | €18 | €34 | +€16 | +88.1% |
| Recurring financial income | 75 | €18 | €34 | +€16 | +88.1% |
| Financial charges | 65/66B | €333 | €65 | -€268 | -80.4% |
| Recurring financial charges | 65 | €333 | €65 | -€268 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €9,315 | -€9,708 | -€19,023 | |
| Income taxes | 67/77 | €1,821 | €140 | -€1,681 | -92.3% |
| Profit (loss) for the period | 9904 | €7,494 | -€9,848 | -€17,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,494 | -€9,848 | -€17,343 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.