DE WITTE TRADING & SERVICES: 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 TRADING & SERVICES
Largest movements
- Receivables within one year +€45,250
up €45,250 (+187%), from €24,226 to €69,476
of which Trade receivables: +€45,250
- Tangible fixed assets -€24,995
down €24,995 (-22.9%), from €109,148 to €84,153
- Cash +€17,644
up €17,644 (+25.8%), from €68,466 to €86,110
mainly Net result for the year (+€63,353) and Depreciation (+€25,935)
- Trade debts +€17,722
up €17,722 (+1,444%), from €1,227 to €18,949
- Tax, wage and social debts +€8,379
up €8,379 (+345%), from €2,430 to €10,809
- Other debts +€7,923
up €7,923 (+4.5%), from €175,010 to €182,933
- Profit (loss) carried forward +€3,085
no longer reported in 2025 (was -€3,085)
- Gross operating margin +€69,823
up €69,823 (+296%), from €23,624 to €93,447
- Depreciation +€5,964
up €5,964 (+29.9%), from €19,971 to €25,935
- Taxes +€1,477
up €1,477 (+840%), from €176 to €1,653
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 | €202,362 | €239,738 | +€37,377 | +18.5% |
| Fixed assets | 21/28 | €109,148 | €84,153 | -€24,995 | -22.9% |
| Tangible fixed assets | 22/27 | €109,148 | €84,153 | -€24,995 | -22.9% |
| Furniture and vehicles | 24 | €109,148 | €84,153 | -€24,995 | -22.9% |
| Current assets | 29/58 | €93,213 | €155,585 | +€62,372 | +66.9% |
| Amounts receivable within one year | 40/41 | €24,226 | €69,476 | +€45,250 | +187% |
| Trade receivables | 40 | €24,200 | €69,450 | +€45,250 | +187% |
| Other amounts receivable | 41 | €26 | €26 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,466 | €86,110 | +€17,644 | +25.8% |
| Deferred charges and accrued income | 490/1 | €522 | - | -€522 | |
| Total equity and liabilities | 10/49 | €202,362 | €239,738 | +€37,377 | +18.5% |
| Equity | 10/15 | €23,695 | €27,047 | +€3,353 | +14.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,380 | €14,647 | +€268 | +1.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,520 | €12,787 | +€268 | +2.1% |
| Profit (loss) carried forward | 14 | -€3,085 | - | +€3,085 | |
| Amounts payable | 17/49 | €178,667 | €212,691 | +€34,024 | +19.0% |
| Amounts payable within one year | 42/48 | €178,667 | €212,691 | +€34,024 | +19.0% |
| Trade debts | 44 | €1,227 | €18,949 | +€17,722 | +1,444% |
| Suppliers | 440/4 | €1,227 | €18,949 | +€17,722 | +1,444% |
| Taxes, remuneration and social security | 45 | €2,430 | €10,809 | +€8,379 | +345% |
| Taxes | 450/3 | €2,430 | €10,809 | +€8,379 | +345% |
| Other amounts payable | 47/48 | €175,010 | €182,933 | +€7,923 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,971 | €25,935 | +€5,964 | +29.9% |
| Other operating charges | 640/8 | €1,643 | €2,521 | +€878 | +53.4% |
| Gross operating margin | 9900 | €23,624 | €93,447 | +€69,823 | +296% |
| Operating profit (loss) | 9901 | €2,010 | €64,991 | +€62,982 | +3,134% |
| Financial income | 75/76B | €31 | €159 | +€128 | +413% |
| Recurring financial income | 75 | €31 | €159 | +€128 | +413% |
| Financial charges | 65/66B | €106 | €145 | +€39 | +36.4% |
| Recurring financial charges | 65 | €106 | €145 | +€39 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €1,935 | €65,006 | +€63,071 | +3,260% |
| Income taxes | 67/77 | €176 | €1,653 | +€1,477 | +840% |
| Profit (loss) for the period | 9904 | €1,759 | €63,353 | +€61,594 | +3,502% |
| Profit (loss) for the period to be appropriated | 9905 | €1,759 | €63,353 | +€61,594 | +3,502% |
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 25 October 2026 via checked.be.