de witte wolff: 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 wolff
Largest movements
- Cash -€28,904
down €28,904 (-34.5%), from €83,828 to €54,924
mainly Net result for the year (-€13,505) and Other debts (-€10,983)
- Tangible fixed assets -€7,546
down €7,546 (-28.7%), from €26,267 to €18,722
- Receivables within one year +€5,315
up €5,315 (+42.1%), from €12,609 to €17,924
of which Other amounts receivable: +€9,409
- Deferred charges and accrued income -€1,810
down €1,810 (-100.0%), from €1,810 to €0
- Reserves -€13,505
down €13,505 (-27.6%), from €48,915 to €35,410
- Other debts -€10,983
down €10,983 (-13.0%), from €84,393 to €73,410
- Tax, wage and social debts -€7,716
down €7,716 (-77.5%), from €9,958 to €2,242
of which Taxes: -€7,716
- Gross operating margin -€76,846
down €76,846, from €71,351 to -€5,495
- Taxes -€13,300
down €13,300 (-99.0%), from €13,432 to €132
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.
Cash bridge derived
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 | €164,660 | €132,016 | -€32,644 | -19.8% |
| Fixed assets | 21/28 | €26,267 | €18,722 | -€7,546 | -28.7% |
| Tangible fixed assets | 22/27 | €26,267 | €18,722 | -€7,546 | -28.7% |
| Furniture and vehicles | 24 | €26,267 | €18,722 | -€7,546 | -28.7% |
| Current assets | 29/58 | €138,393 | €113,294 | -€25,099 | -18.1% |
| Amounts receivable within one year | 40/41 | €12,609 | €17,924 | +€5,315 | +42.1% |
| Trade receivables | 40 | €12,515 | €8,421 | -€4,094 | -32.7% |
| Other amounts receivable | 41 | €94 | €9,503 | +€9,409 | +9980.4% |
| Current investments | 50/53 | €40,145 | €40,446 | +€300 | +0.7% |
| Cash at bank and in hand | 54/58 | €83,828 | €54,924 | -€28,904 | -34.5% |
| Deferred charges and accrued income | 490/1 | €1,810 | €0 | -€1,810 | -100.0% |
| Total equity and liabilities | 10/49 | €164,660 | €132,016 | -€32,644 | -19.8% |
| Equity | 10/15 | €67,515 | €54,010 | -€13,505 | -20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,915 | €35,410 | -€13,505 | -27.6% |
| Distributable reserves | 133 | €48,915 | €35,410 | -€13,505 | -27.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,145 | €78,006 | -€19,140 | -19.7% |
| Amounts payable within one year | 42/48 | €97,145 | €78,006 | -€19,140 | -19.7% |
| Trade debts | 44 | €2,795 | €2,354 | -€441 | -15.8% |
| Suppliers | 440/4 | €2,795 | €2,354 | -€441 | -15.8% |
| Taxes, remuneration and social security | 45 | €9,958 | €2,242 | -€7,716 | -77.5% |
| Taxes | 450/3 | €9,958 | €2,242 | -€7,716 | -77.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €84,393 | €73,410 | -€10,983 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,916 | €7,546 | -€370 | -4.7% |
| Other operating charges | 640/8 | €576 | €572 | -€4 | -0.7% |
| Gross operating margin | 9900 | €71,351 | -€5,495 | -€76,846 | |
| Operating profit (loss) | 9901 | €62,860 | -€13,612 | -€76,472 | |
| Financial income | 75/76B | €208 | €429 | +€222 | +106.8% |
| Recurring financial income | 75 | €208 | €429 | +€222 | +106.8% |
| Financial charges | 65/66B | €125 | €190 | +€65 | +52.1% |
| Recurring financial charges | 65 | €125 | €190 | +€65 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | €62,943 | -€13,373 | -€76,315 | |
| Income taxes | 67/77 | €13,432 | €132 | -€13,300 | -99.0% |
| Profit (loss) for the period | 9904 | €49,510 | -€13,505 | -€63,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,510 | -€13,505 | -€63,015 |
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 9 October 2026 via checked.be.