De Witte Winkel: what changed
De Witte Winkel
Largest movements
- Stocks and contracts +€108,013
up €108,013 (+13.8%), from €781,217 to €889,229
- Cash -€62,860
down €62,860 (-77.6%), from €81,029 to €18,169
mainly Contributions, distributions and other (-€322,408) and Stocks and contracts (-€108,013)
- Receivables within one year +€41,359
up €41,359 (+25.1%), from €164,655 to €206,014
of which Other amounts receivable: +€44,506
- Other debts +€316,405
up €316,405 (+54.4%), from €581,365 to €897,770
- Reserves -€241,009
down €241,009 (-74.3%), from €324,268 to €83,259
of which Distributable reserves: -€241,009
- Tax, wage and social debts -€24,182
down €24,182 (-32.7%), from €73,948 to €49,766
of which Taxes: -€17,735
- Accrued charges and deferred income +€22,683
up €22,683 (+388%), from €5,848 to €28,531
- Trade debts +€20,810
up €20,810 (+31.0%), from €67,173 to €87,983
- Staff costs +€84,373
up €84,373 (+24.6%), from €343,130 to €427,503
- Taxes -€38,393
down €38,393 (-73.3%), from €52,368 to €13,975
- Gross operating margin +€29,575
up €29,575 (+5.4%), from €551,251 to €580,826
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,071,194 | €1,165,901 | +€94,707 | +8.8% |
| Fixed assets | 21/28 | €44,293 | €52,488 | +€8,196 | +18.5% |
| Tangible fixed assets | 22/27 | €44,293 | €52,488 | +€8,196 | +18.5% |
| Plant, machinery and equipment | 23 | €8,823 | €6,999 | -€1,825 | -20.7% |
| Furniture and vehicles | 24 | €35,469 | €45,490 | +€10,021 | +28.3% |
| Current assets | 29/58 | €1,026,901 | €1,113,413 | +€86,511 | +8.4% |
| Stocks and contracts in progress | 3 | €781,217 | €889,229 | +€108,013 | +13.8% |
| Stocks | 30/36 | €781,217 | €889,229 | +€108,013 | +13.8% |
| Amounts receivable within one year | 40/41 | €164,655 | €206,014 | +€41,359 | +25.1% |
| Trade receivables | 40 | €64,671 | €61,524 | -€3,147 | -4.9% |
| Other amounts receivable | 41 | €99,984 | €144,490 | +€44,506 | +44.5% |
| Cash at bank and in hand | 54/58 | €81,029 | €18,169 | -€62,860 | -77.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,071,194 | €1,165,901 | +€94,707 | +8.8% |
| Equity | 10/15 | €342,860 | €101,851 | -€241,009 | -70.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €324,268 | €83,259 | -€241,009 | -74.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €322,408 | €81,400 | -€241,009 | -74.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €728,334 | €1,064,050 | +€335,716 | +46.1% |
| Amounts payable within one year | 42/48 | €722,486 | €1,035,519 | +€313,033 | +43.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €67,173 | €87,983 | +€20,810 | +31.0% |
| Suppliers | 440/4 | €67,173 | €87,983 | +€20,810 | +31.0% |
| Taxes, remuneration and social security | 45 | €73,948 | €49,766 | -€24,182 | -32.7% |
| Taxes | 450/3 | €22,901 | €5,165 | -€17,735 | -77.4% |
| Remuneration and social security | 454/9 | €51,048 | €44,601 | -€6,447 | -12.6% |
| Other amounts payable | 47/48 | €581,365 | €897,770 | +€316,405 | +54.4% |
| Accrued charges and deferred income | 492/3 | €5,848 | €28,531 | +€22,683 | +388% |
| Non-recurring operating income | 76A | €4,844 | €1,629 | -€3,216 | -66.4% |
| Remuneration, social security and pensions | 62 | €343,130 | €427,503 | +€84,373 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,995 | €23,277 | +€4,282 | +22.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €10,096 | €11,893 | +€1,797 | +17.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €551,251 | €580,826 | +€29,575 | +5.4% |
| Operating profit (loss) | 9901 | €179,029 | €118,153 | -€60,876 | -34.0% |
| Financial income | 75/76B | €437 | €1,634 | +€1,197 | +274% |
| Recurring financial income | 75 | €437 | €1,634 | +€1,197 | +274% |
| Financial charges | 65/66B | €23,717 | €24,413 | +€696 | +2.9% |
| Recurring financial charges | 65 | €23,717 | €24,413 | +€696 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €155,750 | €95,375 | -€60,375 | -38.8% |
| Income taxes | 67/77 | €52,368 | €13,975 | -€38,393 | -73.3% |
| Profit (loss) for the period | 9904 | €103,381 | €81,400 | -€21,981 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €103,381 | €81,400 | -€21,981 | -21.3% |
Next steps
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 3 November 2026 via checked.be.