De Witte Technics: 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 Technics
Largest movements
- Cash +€223,648
up €223,648 (+67.6%), from €330,811 to €554,460
mainly Net result for the year (+€154,753) and Receivables within one year (+€125,742)
- Receivables within one year -€125,742
down €125,742 (-32.9%), from €381,881 to €256,139
of which Trade receivables: -€111,001
- Current investments +€52,000
new in 2025: €52,000
- Profit (loss) carried forward +€154,753
up €154,753 (+34.3%), from €450,830 to €605,583
- Trade debts +€81,244
up €81,244 (+112%), from €72,252 to €153,496
- Other debts -€60,000
down €60,000 (-100%), from €60,000 to €0
- Advances received -€19,580
down €19,580 (-100%), from €19,580 to €0
- Tax, wage and social debts -€15,161
down €15,161 (-36.2%), from €41,840 to €26,680
of which Remuneration and social security: -€15,365
- Staff costs -€196,362
down €196,362 (-31.9%), from €615,918 to €419,555
- Gross operating margin -€148,396
down €148,396 (-18.9%), from €784,608 to €636,212
- Financial charges -€19,495
down €19,495 (-95.6%), from €20,399 to €903
- Financial income -€13,292
down €13,292 (-50.6%), from €26,282 to €12,990
- Taxes +€8,662
up €8,662 (+18.6%), from €46,688 to €55,350
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 | €897,127 | €1,038,383 | +€141,256 | +15.7% |
| Fixed assets | 21/28 | €30,581 | €31,962 | +€1,381 | +4.5% |
| Intangible fixed assets | 21 | €3,759 | €422 | -€3,337 | -88.8% |
| Tangible fixed assets | 22/27 | €26,821 | €31,540 | +€4,718 | +17.6% |
| Land and buildings | 22 | €4,017 | €0 | -€4,017 | -100% |
| Plant, machinery and equipment | 23 | €14,883 | €14,610 | -€274 | -1.8% |
| Furniture and vehicles | 24 | €7,921 | €16,930 | +€9,009 | +114% |
| Current assets | 29/58 | €866,547 | €1,006,421 | +€139,874 | +16.1% |
| Stocks and contracts in progress | 3 | €134,727 | €130,869 | -€3,858 | -2.9% |
| Stocks | 30/36 | €134,727 | €130,869 | -€3,858 | -2.9% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €381,881 | €256,139 | -€125,742 | -32.9% |
| Trade receivables | 40 | €330,923 | €219,922 | -€111,001 | -33.5% |
| Other amounts receivable | 41 | €50,958 | €36,217 | -€14,740 | -28.9% |
| Current investments | 50/53 | - | €52,000 | +€52,000 | |
| Cash at bank and in hand | 54/58 | €330,811 | €554,460 | +€223,648 | +67.6% |
| Deferred charges and accrued income | 490/1 | €19,128 | €12,953 | -€6,175 | -32.3% |
| Total equity and liabilities | 10/49 | €897,127 | €1,038,383 | +€141,256 | +15.7% |
| Equity | 10/15 | €703,455 | €858,208 | +€154,753 | +22.0% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €172,059 | €172,059 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €52,000 | +€52,000 | |
| Own shares acquired | 1312 | - | €52,000 | +€52,000 | |
| Distributable reserves | 133 | €172,059 | €120,059 | -€52,000 | -30.2% |
| Profit (loss) carried forward | 14 | €450,830 | €605,583 | +€154,753 | +34.3% |
| Amounts payable | 17/49 | €193,672 | €180,175 | -€13,497 | -7.0% |
| Amounts payable within one year | 42/48 | €193,672 | €180,175 | -€13,497 | -7.0% |
| Trade debts | 44 | €72,252 | €153,496 | +€81,244 | +112% |
| Suppliers | 440/4 | €72,252 | €153,496 | +€81,244 | +112% |
| Advances received on contracts in progress | 46 | €19,580 | €0 | -€19,580 | -100% |
| Taxes, remuneration and social security | 45 | €41,840 | €26,680 | -€15,161 | -36.2% |
| Taxes | 450/3 | €950 | €1,154 | +€204 | +21.5% |
| Remuneration and social security | 454/9 | €40,890 | €25,525 | -€15,365 | -37.6% |
| Other amounts payable | 47/48 | €60,000 | €0 | -€60,000 | -100% |
| Non-recurring operating income | 76A | €2,056 | €18,511 | +€16,455 | +800% |
| Remuneration, social security and pensions | 62 | €615,918 | €419,555 | -€196,362 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,389 | €12,921 | -€468 | -3.5% |
| Other operating charges | 640/8 | €4,243 | €5,719 | +€1,476 | +34.8% |
| Gross operating margin | 9900 | €784,608 | €636,212 | -€148,396 | -18.9% |
| Operating profit (loss) | 9901 | €151,059 | €198,017 | +€46,958 | +31.1% |
| Financial income | 75/76B | €26,282 | €12,990 | -€13,292 | -50.6% |
| Recurring financial income | 75 | €26,282 | €12,990 | -€13,292 | -50.6% |
| Financial charges | 65/66B | €20,399 | €903 | -€19,495 | -95.6% |
| Recurring financial charges | 65 | €20,399 | €903 | -€19,495 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €156,942 | €210,103 | +€53,161 | +33.9% |
| Income taxes | 67/77 | €46,688 | €55,350 | +€8,662 | +18.6% |
| Profit (loss) for the period | 9904 | €110,254 | €154,753 | +€44,499 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,254 | €154,753 | +€44,499 | +40.4% |
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 13 October 2026 via checked.be.