DE WITTE HAAS: 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 HAAS
Largest movements
- Tangible fixed assets -€11,787
down €11,787 (-48.8%), from €24,155 to €12,369
of which Land and buildings: -€11,204
- Cash -€1,175
down €1,175 (-82.6%), from €1,423 to €247
mainly Net result for the year (-€8,779) and Debts after one year (-€7,121)
- Formation expenses -€758
no longer reported in 2025 (was €758)
- Profit (loss) carried forward -€8,779
down €8,779 (-3.4%), from -€259,519 to -€268,298
- Other debts +€7,892
up €7,892 (+3.2%), from €245,310 to €253,202
- Debts after one year -€7,121
no longer reported in 2025 (was €7,121)
- Current portion of long-term debt -€6,930
down €6,930 (-49.3%), from €14,051 to €7,121
- Short-term financial debts +€1,296
new in 2025: €1,296
- Gross operating margin -€2,325
down €2,325 (-28.3%), from €8,224 to €5,899
- Depreciation +€379
up €379 (+3.1%), from €12,166 to €12,544
- Financial charges -€255
down €255 (-33.5%), from €761 to €506
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 | €26,336 | €12,679 | -€13,657 | -51.9% |
| Formation expenses | 20 | €758 | - | -€758 | |
| Fixed assets | 21/28 | €24,155 | €12,369 | -€11,787 | -48.8% |
| Tangible fixed assets | 22/27 | €24,155 | €12,369 | -€11,787 | -48.8% |
| Land and buildings | 22 | €22,409 | €11,204 | -€11,204 | -50.0% |
| Other tangible fixed assets | 26 | €1,747 | €1,164 | -€582 | -33.3% |
| Current assets | 29/58 | €1,423 | €310 | -€1,112 | -78.2% |
| Cash at bank and in hand | 54/58 | €1,423 | €247 | -€1,175 | -82.6% |
| Deferred charges and accrued income | 490/1 | - | €63 | +€63 | |
| Total equity and liabilities | 10/49 | €26,336 | €12,679 | -€13,657 | -51.9% |
| Equity | 10/15 | -€240,919 | -€249,698 | -€8,779 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,519 | -€268,298 | -€8,779 | -3.4% |
| Amounts payable | 17/49 | €267,255 | €262,377 | -€4,878 | -1.8% |
| Amounts payable after more than one year | 17 | €7,121 | - | -€7,121 | |
| Financial debts | 170/4 | €7,121 | - | -€7,121 | |
| Amounts payable within one year | 42/48 | €260,134 | €262,377 | +€2,243 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €14,051 | €7,121 | -€6,930 | -49.3% |
| Financial debts | 43 | - | €1,296 | +€1,296 | |
| Credit institutions | 430/8 | - | €1,296 | +€1,296 | |
| Trade debts | 44 | €773 | €758 | -€15 | -1.9% |
| Suppliers | 440/4 | €773 | €758 | -€15 | -1.9% |
| Other amounts payable | 47/48 | €245,310 | €253,202 | +€7,892 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,166 | €12,544 | +€379 | +3.1% |
| Other operating charges | 640/8 | €1,580 | €1,629 | +€48 | +3.1% |
| Gross operating margin | 9900 | €8,224 | €5,899 | -€2,325 | -28.3% |
| Operating profit (loss) | 9901 | -€5,522 | -€8,274 | -€2,752 | -49.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €761 | €506 | -€255 | -33.5% |
| Recurring financial charges | 65 | €761 | €506 | -€255 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,283 | -€8,778 | -€2,496 | -39.7% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€6,283 | -€8,779 | -€2,496 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,283 | -€8,779 | -€2,496 | -39.7% |
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 16 October 2026 via checked.be.