DE WITTEKOP: what changed
Two fiscal 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 WITTEKOP
Largest movements
- Receivables after one year -€23,085
down €23,085 (-36.5%), from €63,259 to €40,174
- Financial fixed assets -€9,690
no longer reported in 2024 (was €9,690)
- Tangible fixed assets -€8,111
no longer reported in 2024 (was €8,111)
- Receivables within one year -€6,415
down €6,415 (-53.6%), from €11,973 to €5,558
of which Trade receivables: -€6,039
- Cash +€4,987
up €4,987 (+31.3%), from €15,950 to €20,937
mainly Receivables after one year (+€23,085) and Investment in fixed assets (net) (+€17,801)
- Contributions -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Trade debts -€28,943
down €28,943 (-60.7%), from €47,717 to €18,774
- Debts after one year -€27,614
no longer reported in 2024 (was €27,614)
- Profit (loss) carried forward +€17,562
up €17,562 (+34.6%), from -€50,787 to -€33,225
- Current portion of long-term debt +€15,368
up €15,368 (+125.5%), from €12,246 to €27,614
- Financial income +€41,773
up €41,773 (+36011.2%), from €116 to €41,889
of which Non-recurring financial income: +€41,889
- Gross operating margin -€27,519
down €27,519 (-26.0%), from €105,923 to €78,404
- Other operating charges +€5,719
up €5,719 (+255.8%), from €2,236 to €7,955
- Depreciation -€4,321
no longer reported in 2024 (was €4,321)
- Staff costs +€2,310
up €2,310 (+2.8%), from €82,752 to €85,062
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,493 | €66,669 | -€44,824 | -40.2% |
| Fixed assets | 21/28 | €17,801 | - | -€17,801 | |
| Tangible fixed assets | 22/27 | €8,111 | - | -€8,111 | |
| Plant, machinery and equipment | 23 | €8,111 | - | -€8,111 | |
| Financial fixed assets | 28 | €9,690 | - | -€9,690 | |
| Current assets | 29/58 | €93,692 | €66,669 | -€27,023 | -28.8% |
| Amounts receivable after more than one year | 29 | €63,259 | €40,174 | -€23,085 | -36.5% |
| Other amounts receivable | 291 | €63,259 | €40,174 | -€23,085 | -36.5% |
| Stocks and contracts in progress | 3 | €2,510 | - | -€2,510 | |
| Stocks | 30/36 | €2,510 | - | -€2,510 | |
| Amounts receivable within one year | 40/41 | €11,973 | €5,558 | -€6,415 | -53.6% |
| Trade receivables | 40 | €11,597 | €5,558 | -€6,039 | -52.1% |
| Other amounts receivable | 41 | €376 | - | -€376 | |
| Cash at bank and in hand | 54/58 | €15,950 | €20,937 | +€4,987 | +31.3% |
| Total equity and liabilities | 10/49 | €111,493 | €66,669 | -€44,824 | -40.2% |
| Equity | 10/15 | €4,213 | -€8,225 | -€12,438 | |
| Contributions | 10/11 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,787 | -€33,225 | +€17,562 | +34.6% |
| Amounts payable | 17/49 | €107,280 | €74,894 | -€32,386 | -30.2% |
| Amounts payable after more than one year | 17 | €27,614 | - | -€27,614 | |
| Financial debts | 170/4 | €27,614 | - | -€27,614 | |
| Amounts payable within one year | 42/48 | €79,666 | €73,272 | -€6,394 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €12,246 | €27,614 | +€15,368 | +125.5% |
| Financial debts | 43 | €3,121 | €8,004 | +€4,883 | +156.5% |
| Credit institutions | 430/8 | €3,121 | €8,004 | +€4,883 | +156.5% |
| Trade debts | 44 | €47,717 | €18,774 | -€28,943 | -60.7% |
| Suppliers | 440/4 | €47,717 | €18,774 | -€28,943 | -60.7% |
| Taxes, remuneration and social security | 45 | €16,582 | €18,880 | +€2,298 | +13.9% |
| Taxes | 450/3 | €16,224 | €16,554 | +€330 | +2.0% |
| Remuneration and social security | 454/9 | €358 | €2,326 | +€1,968 | +549.7% |
| Accrued charges and deferred income | 492/3 | - | €1,622 | +€1,622 | |
| Remuneration, social security and pensions | 62 | €82,752 | €85,062 | +€2,310 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,321 | - | -€4,321 | |
| Other operating charges | 640/8 | €2,236 | €7,955 | +€5,719 | +255.8% |
| Gross operating margin | 9900 | €105,923 | €78,404 | -€27,519 | -26.0% |
| Operating profit (loss) | 9901 | €16,614 | -€14,613 | -€31,227 | |
| Financial income | 75/76B | €116 | €41,889 | +€41,773 | +36011.2% |
| Recurring financial income | 75 | €116 | €41,889 | +€41,773 | +36011.2% |
| Non-recurring financial income | 76B | - | €41,889 | +€41,889 | |
| Financial charges | 65/66B | €10,078 | €9,067 | -€1,011 | -10.0% |
| Recurring financial charges | 65 | €10,078 | €9,067 | -€1,011 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €6,652 | €18,209 | +€11,557 | +173.7% |
| Income taxes | 67/77 | €317 | €647 | +€330 | +104.1% |
| Profit (loss) for the period | 9904 | €6,335 | €17,562 | +€11,227 | +177.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,335 | €17,562 | +€11,227 | +177.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.