DE WITTE – VERHELST: what changed
What changed
DE WITTE – VERHELST
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€4,268
2024 · €4,768-€500
Equity
€25.6m
2024 · €24.8m+€724,268
Cash
€10,642
2024 · €224+€10,418
Balance sheet total
€27.2m
2024 · €26.4m+€800,079
Largest movements
Assets
- Receivables after one year +€640,000
new in 2025: €640,000
Equity and liabilities
- Contributions +€720,000
up €720,000 (+2.9%), from €24.8m to €25.6m
Income statement
- Turnover +€107,698
up €107,698 (+17.9%), from €601,285 to €708,983
- Services and other goods +€98,260
up €98,260 (+18.6%), from €529,562 to €627,822
- Financial charges +€10,790
up €10,790 (+16.9%), from €64,021 to €74,811
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,768
Turnover
+€107,698
Services and other goods
-€98,260
Other operating charges
+€620
Financial charges
-€10,790
Taxes
+€232
Result 2025
€4,268
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€709,582
Investment
€0
Financing
+€720,000
Cash 2024
€224
From operations (derived)
-€709,582
Net result for the year
+€4,268
Receivables after one year
-€640,000
Receivables within one year
-€149,661
Smaller working-capital items
+€1,651
Accrued charges and deferred income
+€74,160
Financing
+€720,000
Contributions, distributions and other
+€720,000
Cash 2025
€10,642
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,438,660 | €27,238,739 | +€800,079 | +3.0% |
| Fixed assets | 21/28 | €26,300,000 | €26,300,000 | = | 0.0% |
| Financial fixed assets | 28 | €26,300,000 | €26,300,000 | = | 0.0% |
| Affiliated companies | 280/1 | €26,300,000 | €26,300,000 | = | 0.0% |
| Participating interests | 280 | €26,300,000 | €26,300,000 | = | 0.0% |
| Current assets | 29/58 | €138,660 | €938,739 | +€800,079 | +577% |
| Amounts receivable after more than one year | 29 | - | €640,000 | +€640,000 | |
| Other amounts receivable | 291 | - | €640,000 | +€640,000 | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €138,436 | €288,097 | +€149,661 | +108% |
| Trade receivables | 40 | €122,680 | €245,712 | +€123,032 | +100% |
| Other amounts receivable | 41 | €15,756 | €42,384 | +€26,628 | +169% |
| Cash at bank and in hand | 54/58 | €224 | €10,642 | +€10,418 | +4,651% |
| Total equity and liabilities | 10/49 | €26,438,660 | €27,238,739 | +€800,079 | +3.0% |
| Equity | 10/15 | €24,836,768 | €25,561,036 | +€724,268 | +2.9% |
| Contributions | 10/11 | €24,832,000 | €25,552,000 | +€720,000 | +2.9% |
| Capital | 10 | €24,832,000 | €25,552,000 | +€720,000 | +2.9% |
| Issued capital | 100 | €26,300,000 | €26,300,000 | = | 0.0% |
| Uncalled capital | 101 | €1,468,000 | €748,000 | -€720,000 | -49.0% |
| Reserves | 13 | €238 | €452 | +€213 | +89.5% |
| Non-distributable reserves | 130/1 | €238 | €452 | +€213 | +89.5% |
| Legal reserve | 130 | €238 | €452 | +€213 | +89.5% |
| Profit (loss) carried forward | 14 | €4,530 | €8,584 | +€4,055 | +89.5% |
| Amounts payable | 17/49 | €1,601,892 | €1,677,702 | +€75,810 | +4.7% |
| Amounts payable after more than one year | 17 | €963,194 | €963,194 | = | 0.0% |
| Other amounts payable | 178/9 | €963,194 | €963,194 | = | 0.0% |
| Amounts payable within one year | 42/48 | €590,538 | €592,189 | +€1,651 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €520,000 | €520,000 | = | 0.0% |
| Trade debts | 44 | €68,752 | €68,283 | -€469 | -0.7% |
| Suppliers | 440/4 | €68,752 | €68,283 | -€469 | -0.7% |
| Taxes, remuneration and social security | 45 | €1,786 | €3,340 | +€1,554 | +87.0% |
| Taxes | 450/3 | €1,786 | €3,340 | +€1,554 | +87.0% |
| Other amounts payable | 47/48 | - | €566 | +€566 | |
| Accrued charges and deferred income | 492/3 | €48,160 | €122,319 | +€74,160 | +154% |
| Operating income | 70/76A | €601,285 | €708,983 | +€107,698 | +17.9% |
| Turnover | 70 | €601,285 | €708,983 | +€107,698 | +17.9% |
| Operating charges | 60/66A | €530,710 | €628,350 | +€97,640 | +18.4% |
| Services and other goods | 61 | €529,562 | €627,822 | +€98,260 | +18.6% |
| Other operating charges | 640/8 | €1,148 | €528 | -€620 | -54.0% |
| Operating profit (loss) | 9901 | €70,575 | €80,633 | +€10,058 | +14.3% |
| Financial charges | 65/66B | €64,021 | €74,811 | +€10,790 | +16.9% |
| Recurring financial charges | 65 | €64,021 | €74,811 | +€10,790 | +16.9% |
| Debt charges | 650 | €63,354 | €74,160 | +€10,806 | +17.1% |
| Other financial charges | 652/9 | €668 | €652 | -€16 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €6,554 | €5,822 | -€732 | -11.2% |
| Income taxes | 67/77 | €1,786 | €1,554 | -€232 | -13.0% |
| Taxes | 670/3 | €1,786 | €1,554 | -€232 | -13.0% |
| Profit (loss) for the period | 9904 | €4,768 | €4,268 | -€500 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,768 | €4,268 | -€500 | -10.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.