deWITarchitectuur: 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.
deWITarchitectuur
Largest movements
- Tangible fixed assets -€46,212
down €46,212 (-13.9%), from €331,661 to €285,449
of which Assets under construction and advance payments: -€38,977
- Cash +€10,257
up €10,257 (+1,185%), from €866 to €11,123
mainly Debts after one year (+€83,217) and Depreciation (+€69,573)
- Receivables within one year +€8,271
up €8,271 (+2.3%), from €358,326 to €366,597
of which Trade receivables: +€29,282
- Trade debts -€170,103
down €170,103 (-60.6%), from €280,587 to €110,484
- Debts after one year +€83,217
up €83,217 (+26.8%), from €310,776 to €393,993
- Current portion of long-term debt +€35,731
new in 2024: €35,731
- Other debts -€31,463
down €31,463 (-30.3%), from €103,932 to €72,469
- Tax, wage and social debts +€29,720
up €29,720 (+45.9%), from €64,797 to €94,517
of which Taxes: +€46,677
- Gross operating margin +€151,168
up €151,168 (+282%), from €53,538 to €204,706
- Staff costs -€13,834
down €13,834 (-13.7%), from €101,103 to €87,269
- Other operating charges +€5,295
up €5,295 (+710%), from €745 to €6,040
- Financial charges +€4,419
up €4,419 (+36.7%), from €12,046 to €16,465
- Depreciation +€3,109
up €3,109 (+4.7%), from €66,464 to €69,573
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.
Derived cash bridge
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 | €705,474 | €673,153 | -€32,321 | -4.6% |
| Fixed assets | 21/28 | €343,630 | €292,407 | -€51,223 | -14.9% |
| Intangible fixed assets | 21 | €9,655 | €4,645 | -€5,010 | -51.9% |
| Tangible fixed assets | 22/27 | €331,661 | €285,449 | -€46,212 | -13.9% |
| Land and buildings | 22 | €34,297 | €30,739 | -€3,558 | -10.4% |
| Plant, machinery and equipment | 23 | €1,474 | €118 | -€1,356 | -92.0% |
| Furniture and vehicles | 24 | €3,776 | €2,147 | -€1,629 | -43.1% |
| Other tangible fixed assets | 26 | €744 | €51 | -€693 | -93.1% |
| Assets under construction and advance payments | 27 | €291,371 | €252,394 | -€38,977 | -13.4% |
| Financial fixed assets | 28 | €2,313 | €2,313 | -€0 | 0.0% |
| Current assets | 29/58 | €361,844 | €380,746 | +€18,902 | +5.2% |
| Amounts receivable within one year | 40/41 | €358,326 | €366,597 | +€8,271 | +2.3% |
| Trade receivables | 40 | €327,561 | €356,843 | +€29,282 | +8.9% |
| Other amounts receivable | 41 | €30,765 | €9,754 | -€21,011 | -68.3% |
| Cash at bank and in hand | 54/58 | €866 | €11,123 | +€10,257 | +1,185% |
| Deferred charges and accrued income | 490/1 | €2,652 | €3,026 | +€374 | +14.1% |
| Total equity and liabilities | 10/49 | €705,474 | €673,153 | -€32,321 | -4.6% |
| Equity | 10/15 | -€59,400 | -€34,041 | +€25,359 | +42.7% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €2,599 | €2,599 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | -€0 | 0.0% |
| Distributable reserves | 133 | €740 | €740 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€80,591 | -€55,232 | +€25,359 | +31.5% |
| Amounts payable | 17/49 | €764,874 | €707,194 | -€57,680 | -7.5% |
| Amounts payable after more than one year | 17 | €310,776 | €393,993 | +€83,217 | +26.8% |
| Financial debts | 170/4 | €310,776 | €393,993 | +€83,217 | +26.8% |
| Amounts payable within one year | 42/48 | €454,098 | €313,201 | -€140,897 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | - | €35,731 | +€35,731 | |
| Financial debts | 43 | €4,781 | - | -€4,781 | |
| Credit institutions | 430/8 | €4,781 | - | -€4,781 | |
| Trade debts | 44 | €280,587 | €110,484 | -€170,103 | -60.6% |
| Suppliers | 440/4 | €280,587 | €110,484 | -€170,103 | -60.6% |
| Taxes, remuneration and social security | 45 | €64,797 | €94,517 | +€29,720 | +45.9% |
| Taxes | 450/3 | €22,491 | €69,168 | +€46,677 | +208% |
| Remuneration and social security | 454/9 | €42,306 | €25,349 | -€16,957 | -40.1% |
| Other amounts payable | 47/48 | €103,932 | €72,469 | -€31,463 | -30.3% |
| Non-recurring operating income | 76A | - | €7,011 | +€7,011 | |
| Remuneration, social security and pensions | 62 | €101,103 | €87,269 | -€13,834 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,464 | €69,573 | +€3,109 | +4.7% |
| Other operating charges | 640/8 | €745 | €6,040 | +€5,295 | +710% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €53,538 | €204,706 | +€151,168 | +282% |
| Operating profit (loss) | 9901 | -€114,774 | €41,824 | +€156,598 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €12,046 | €16,465 | +€4,419 | +36.7% |
| Recurring financial charges | 65 | €12,046 | €16,465 | +€4,419 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | -€126,813 | €25,359 | +€152,172 | |
| Income taxes | 67/77 | €246 | - | -€246 | |
| Profit (loss) for the period | 9904 | -€127,060 | €25,359 | +€152,419 | |
| Profit (loss) for the period to be appropriated | 9905 | -€127,060 | €25,359 | +€152,419 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.