DE WITTE GEOFFREY: what changed
DE WITTE GEOFFREY
Largest movements
- Tangible fixed assets -€97,047
down €97,047 (-69.6%), from €139,385 to €42,339
of which Land and buildings: -€138,880
- Cash +€90,437
up €90,437 (+428%), from €21,118 to €111,556
mainly Investment in fixed assets (net) (+€85,486) and Receivables within one year (+€79,578)
- Receivables within one year -€79,578
down €79,578 (-57.8%), from €137,651 to €58,073
of which Trade receivables: -€60,306
- Stocks and contracts -€11,930
down €11,930 (-21.3%), from €56,038 to €44,108
- Debts after one year -€107,105
down €107,105 (-83.3%), from €128,500 to €21,395
- Trade debts -€74,804
down €74,804 (-92.5%), from €80,894 to €6,090
- Reserves +€67,300
up €67,300 (+111%), from €60,633 to €127,933
of which Distributable reserves: +€67,300
- Other debts +€43,988
up €43,988 (+109%), from €40,269 to €84,258
- Tax, wage and social debts -€20,018
down €20,018 (-98.4%), from €20,337 to €319
- Financial income +€134,167
up €134,167 (+13,283,888%), from €1 to €134,168
of which Non-recurring financial income: +€133,770
- Gross operating margin -€74,546
down €74,546, from €66,994 to -€7,552
- Staff costs -€49,902
down €49,902 (-96.1%), from €51,939 to €2,038
- Taxes +€24,810
up €24,810 (+3,496%), from €710 to €25,519
- Other operating charges +€10,040
up €10,040 (+190%), from €5,282 to €15,322
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,181 | €259,229 | -€97,952 | -27.4% |
| Fixed assets | 21/28 | €139,385 | €45,492 | -€93,893 | -67.4% |
| Tangible fixed assets | 22/27 | €139,385 | €42,339 | -€97,047 | -69.6% |
| Land and buildings | 22 | €138,880 | - | -€138,880 | |
| Plant, machinery and equipment | 23 | €505 | - | -€505 | |
| Furniture and vehicles | 24 | - | €42,339 | +€42,339 | |
| Financial fixed assets | 28 | - | €3,153 | +€3,153 | |
| Current assets | 29/58 | €217,796 | €213,737 | -€4,059 | -1.9% |
| Stocks and contracts in progress | 3 | €56,038 | €44,108 | -€11,930 | -21.3% |
| Stocks | 30/36 | €56,038 | €44,108 | -€11,930 | -21.3% |
| Amounts receivable within one year | 40/41 | €137,651 | €58,073 | -€79,578 | -57.8% |
| Trade receivables | 40 | €112,517 | €52,211 | -€60,306 | -53.6% |
| Other amounts receivable | 41 | €25,134 | €5,862 | -€19,271 | -76.7% |
| Cash at bank and in hand | 54/58 | €21,118 | €111,556 | +€90,437 | +428% |
| Deferred charges and accrued income | 490/1 | €2,989 | - | -€2,989 | |
| Total equity and liabilities | 10/49 | €357,181 | €259,229 | -€97,952 | -27.4% |
| Equity | 10/15 | €73,033 | €140,333 | +€67,300 | +92.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €60,633 | €127,933 | +€67,300 | +111% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €58,633 | €125,933 | +€67,300 | +115% |
| Amounts payable | 17/49 | €284,148 | €118,896 | -€165,253 | -58.2% |
| Amounts payable after more than one year | 17 | €128,500 | €21,395 | -€107,105 | -83.3% |
| Financial debts | 170/4 | €128,500 | €21,395 | -€107,105 | -83.3% |
| Amounts payable within one year | 42/48 | €154,093 | €96,500 | -€57,593 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €12,593 | €5,834 | -€6,759 | -53.7% |
| Trade debts | 44 | €80,894 | €6,090 | -€74,804 | -92.5% |
| Suppliers | 440/4 | €80,894 | €6,090 | -€74,804 | -92.5% |
| Taxes, remuneration and social security | 45 | €20,337 | €319 | -€20,018 | -98.4% |
| Taxes | 450/3 | €20,337 | €319 | -€20,018 | -98.4% |
| Other amounts payable | 47/48 | €40,269 | €84,258 | +€43,988 | +109% |
| Accrued charges and deferred income | 492/3 | €1,555 | €1,000 | -€555 | -35.7% |
| Non-recurring operating income | 76A | €5,785 | - | -€5,785 | |
| Remuneration, social security and pensions | 62 | €51,939 | €2,038 | -€49,902 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,679 | €8,407 | -€2,272 | -21.3% |
| Other operating charges | 640/8 | €5,282 | €15,322 | +€10,040 | +190% |
| Gross operating margin | 9900 | €66,994 | -€7,552 | -€74,546 | |
| Operating profit (loss) | 9901 | -€906 | -€33,318 | -€32,412 | -3,578% |
| Financial income | 75/76B | €1 | €134,168 | +€134,167 | +13,283,888% |
| Recurring financial income | 75 | €1 | €398 | +€397 | +39,322% |
| Non-recurring financial income | 76B | - | €133,770 | +€133,770 | |
| Financial charges | 65/66B | €8,433 | €8,031 | -€403 | -4.8% |
| Recurring financial charges | 65 | €8,433 | €8,031 | -€403 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,338 | €92,820 | +€102,158 | |
| Income taxes | 67/77 | €710 | €25,519 | +€24,810 | +3,496% |
| Profit (loss) for the period | 9904 | -€10,048 | €67,300 | +€77,348 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,048 | €67,300 | +€77,348 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.