De Witte Lelie: 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 Lelie
Largest movements
- Cash +€55,240
up €55,240 (+1,257%), from €4,395 to €59,635
mainly Depreciation (+€30,066) and Other debts (+€24,034)
- Tangible fixed assets -€50,828
down €50,828 (-36.6%), from €138,947 to €88,120
of which Plant, machinery and equipment: -€35,243
- Stocks and contracts -€10,366
down €10,366 (-70.5%), from €14,708 to €4,342
- Receivables within one year +€3,219
up €3,219 (+9.5%), from €33,974 to €37,194
of which Other amounts receivable: +€2,425
- Other debts +€24,034
up €24,034 (+80.3%), from €29,914 to €53,948
- Debts after one year -€21,571
down €21,571 (-31.9%), from €67,557 to €45,985
- Reserves +€20,680
up €20,680 (+43.6%), from €47,445 to €68,125
- Trade debts -€12,033
down €12,033 (-72.4%), from €16,611 to €4,579
- Current portion of long-term debt -€9,989
down €9,989 (-31.7%), from €31,561 to €21,571
- Depreciation -€14,817
down €14,817 (-33.0%), from €44,883 to €30,066
- Taxes +€2,765
up €2,765 (+76.3%), from €3,625 to €6,390
- Financial charges +€2,280
up €2,280 (+63.8%), from €3,573 to €5,853
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 | €200,048 | €195,510 | -€4,538 | -2.3% |
| Fixed assets | 21/28 | €145,947 | €93,120 | -€52,828 | -36.2% |
| Intangible fixed assets | 21 | €7,000 | €5,000 | -€2,000 | -28.6% |
| Tangible fixed assets | 22/27 | €138,947 | €88,120 | -€50,828 | -36.6% |
| Plant, machinery and equipment | 23 | €74,786 | €39,544 | -€35,243 | -47.1% |
| Furniture and vehicles | 24 | €54,122 | €40,261 | -€13,861 | -25.6% |
| Other tangible fixed assets | 26 | €10,039 | €8,315 | -€1,724 | -17.2% |
| Current assets | 29/58 | €54,101 | €102,390 | +€48,289 | +89.3% |
| Stocks and contracts in progress | 3 | €14,708 | €4,342 | -€10,366 | -70.5% |
| Stocks | 30/36 | €14,708 | €4,342 | -€10,366 | -70.5% |
| Amounts receivable within one year | 40/41 | €33,974 | €37,194 | +€3,219 | +9.5% |
| Trade receivables | 40 | €22,381 | €23,175 | +€795 | +3.6% |
| Other amounts receivable | 41 | €11,593 | €14,018 | +€2,425 | +20.9% |
| Cash at bank and in hand | 54/58 | €4,395 | €59,635 | +€55,240 | +1,257% |
| Deferred charges and accrued income | 490/1 | €1,023 | €1,219 | +€196 | +19.2% |
| Total equity and liabilities | 10/49 | €200,048 | €195,510 | -€4,538 | -2.3% |
| Equity | 10/15 | €48,445 | €69,125 | +€20,680 | +42.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,445 | €68,125 | +€20,680 | +43.6% |
| Distributable reserves | 133 | €47,445 | €68,125 | +€20,680 | +43.6% |
| Amounts payable | 17/49 | €151,603 | €126,384 | -€25,219 | -16.6% |
| Amounts payable after more than one year | 17 | €67,557 | €45,985 | -€21,571 | -31.9% |
| Financial debts | 170/4 | €67,557 | €45,985 | -€21,571 | -31.9% |
| Amounts payable within one year | 42/48 | €79,546 | €80,399 | +€853 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €31,561 | €21,571 | -€9,989 | -31.7% |
| Trade debts | 44 | €16,611 | €4,579 | -€12,033 | -72.4% |
| Suppliers | 440/4 | €16,611 | €4,579 | -€12,033 | -72.4% |
| Taxes, remuneration and social security | 45 | €1,460 | €301 | -€1,159 | -79.4% |
| Taxes | 450/3 | €1,460 | €301 | -€1,159 | -79.4% |
| Other amounts payable | 47/48 | €29,914 | €53,948 | +€24,034 | +80.3% |
| Accrued charges and deferred income | 492/3 | €4,500 | €0 | -€4,500 | -100% |
| Non-recurring operating income | 76A | - | €23,215 | +€23,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,883 | €30,066 | -€14,817 | -33.0% |
| Other operating charges | 640/8 | €505 | €894 | +€389 | +77.0% |
| Gross operating margin | 9900 | €63,307 | €63,884 | +€577 | +0.9% |
| Operating profit (loss) | 9901 | €17,919 | €32,923 | +€15,005 | +83.7% |
| Financial charges | 65/66B | €3,573 | €5,853 | +€2,280 | +63.8% |
| Recurring financial charges | 65 | €3,573 | €5,853 | +€2,280 | +63.8% |
| Profit (loss) for the period before taxes | 9903 | €14,346 | €27,070 | +€12,725 | +88.7% |
| Income taxes | 67/77 | €3,625 | €6,390 | +€2,765 | +76.3% |
| Profit (loss) for the period | 9904 | €10,721 | €20,680 | +€9,959 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,721 | €20,680 | +€9,959 | +92.9% |
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 21 October 2026 via checked.be.