De Witte Mieke: 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 Mieke
Largest movements
- Cash -€155,840
down €155,840 (-62.5%), from €249,365 to €93,525
mainly Current investments (-€98,279) and Other debts (-€60,523)
- Current investments +€98,279
up €98,279 (+403%), from €24,390 to €122,668
- Receivables within one year -€5,412
down €5,412 (-92.5%), from €5,853 to €441
of which Other amounts receivable: -€5,796
- Other debts -€60,523
down €60,523 (-90.7%), from €66,751 to €6,228
- Gross operating margin -€17,312
down €17,312 (-20.2%), from €85,529 to €68,216
- Taxes -€4,662
down €4,662 (-19.5%), from €23,897 to €19,235
- Financial charges +€1,357
up €1,357 (+58.9%), from €2,303 to €3,660
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 | €307,455 | €243,842 | -€63,612 | -20.7% |
| Fixed assets | 21/28 | €13,464 | €13,043 | -€421 | -3.1% |
| Tangible fixed assets | 22/27 | €13,464 | €13,043 | -€421 | -3.1% |
| Land and buildings | 22 | €13,464 | €13,043 | -€421 | -3.1% |
| Current assets | 29/58 | €293,991 | €230,799 | -€63,192 | -21.5% |
| Amounts receivable within one year | 40/41 | €5,853 | €441 | -€5,412 | -92.5% |
| Trade receivables | 40 | - | €384 | +€384 | |
| Other amounts receivable | 41 | €5,853 | €57 | -€5,796 | -99.0% |
| Current investments | 50/53 | €24,390 | €122,668 | +€98,279 | +403% |
| Cash at bank and in hand | 54/58 | €249,365 | €93,525 | -€155,840 | -62.5% |
| Deferred charges and accrued income | 490/1 | €14,383 | €14,165 | -€218 | -1.5% |
| Total equity and liabilities | 10/49 | €307,455 | €243,842 | -€63,612 | -20.7% |
| Equity | 10/15 | €229,884 | €226,978 | -€2,906 | -1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,484 | €214,578 | -€2,906 | -1.3% |
| Distributable reserves | 133 | €217,484 | €214,578 | -€2,906 | -1.3% |
| Amounts payable | 17/49 | €77,571 | €16,864 | -€60,706 | -78.3% |
| Amounts payable after more than one year | 17 | €150 | €150 | = | 0.0% |
| Other amounts payable | 178/9 | €150 | €150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,421 | €16,714 | -€60,706 | -78.4% |
| Trade debts | 44 | €144 | €148 | +€4 | +2.7% |
| Suppliers | 440/4 | €144 | €148 | +€4 | +2.7% |
| Taxes, remuneration and social security | 45 | €10,526 | €10,338 | -€187 | -1.8% |
| Taxes | 450/3 | €8,314 | €8,336 | +€22 | +0.3% |
| Remuneration and social security | 454/9 | €2,212 | €2,003 | -€209 | -9.5% |
| Other amounts payable | 47/48 | €66,751 | €6,228 | -€60,523 | -90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421 | €421 | = | 0.0% |
| Other operating charges | 640/8 | €2,147 | €2,410 | +€264 | +12.3% |
| Gross operating margin | 9900 | €85,529 | €68,216 | -€17,312 | -20.2% |
| Operating profit (loss) | 9901 | €82,961 | €65,385 | -€17,576 | -21.2% |
| Financial income | 75/76B | €5,128 | €5,976 | +€848 | +16.5% |
| Recurring financial income | 75 | €5,128 | €5,976 | +€848 | +16.5% |
| Financial charges | 65/66B | €2,303 | €3,660 | +€1,357 | +58.9% |
| Recurring financial charges | 65 | €2,303 | €3,660 | +€1,357 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | €85,785 | €67,701 | -€18,085 | -21.1% |
| Income taxes | 67/77 | €23,897 | €19,235 | -€4,662 | -19.5% |
| Profit (loss) for the period | 9904 | €61,889 | €48,466 | -€13,423 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,889 | €48,466 | -€13,423 | -21.7% |
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 15 October 2026 via checked.be.