DEWITTE Nicolas: 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.
DEWITTE Nicolas
Largest movements
- Receivables within one year -€10,239
down €10,239 (-19.4%), from €52,808 to €42,569
of which Trade receivables: -€10,239
- Cash -€3,785
down €3,785 (-7.1%), from €53,491 to €49,706
mainly Other debts (-€22,060) and Trade debts (-€3,188)
- Tangible fixed assets -€1,264
down €1,264 (-39.7%), from €3,187 to €1,923
- Other debts -€22,060
down €22,060 (-75.8%), from €29,116 to €7,056
- Tax, wage and social debts +€7,692
up €7,692 (+36.8%), from €20,924 to €28,617
of which Remuneration and social security: +€8,387
- Trade debts -€3,188
down €3,188 (-84.9%), from €3,755 to €566
- Profit (loss) carried forward +€2,328
up €2,328 (+4.7%), from €49,401 to €51,729
- Gross operating margin -€44,494
down €44,494 (-27.1%), from €164,203 to €119,709
- Financial charges -€34,334
down €34,334 (-99.5%), from €34,491 to €157
- Staff costs -€10,414
down €10,414 (-8.4%), from €123,830 to €113,416
- Taxes -€2,344
down €2,344 (-65.9%), from €3,554 to €1,210
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.
Derived cash bridge
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 | €111,256 | €96,028 | -€15,228 | -13.7% |
| Fixed assets | 21/28 | €3,187 | €1,923 | -€1,264 | -39.7% |
| Tangible fixed assets | 22/27 | €3,187 | €1,923 | -€1,264 | -39.7% |
| Furniture and vehicles | 24 | €3,187 | €1,923 | -€1,264 | -39.7% |
| Current assets | 29/58 | €108,069 | €94,105 | -€13,964 | -12.9% |
| Amounts receivable within one year | 40/41 | €52,808 | €42,569 | -€10,239 | -19.4% |
| Trade receivables | 40 | €52,808 | €42,569 | -€10,239 | -19.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €53,491 | €49,706 | -€3,785 | -7.1% |
| Deferred charges and accrued income | 490/1 | €1,770 | €1,830 | +€60 | +3.4% |
| Total equity and liabilities | 10/49 | €111,256 | €96,028 | -€15,228 | -13.7% |
| Equity | 10/15 | €57,461 | €59,789 | +€2,328 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,401 | €51,729 | +€2,328 | +4.7% |
| Amounts payable | 17/49 | €53,795 | €36,239 | -€17,556 | -32.6% |
| Amounts payable within one year | 42/48 | €53,795 | €36,239 | -€17,556 | -32.6% |
| Trade debts | 44 | €3,755 | €566 | -€3,188 | -84.9% |
| Suppliers | 440/4 | €3,755 | €566 | -€3,188 | -84.9% |
| Taxes, remuneration and social security | 45 | €20,924 | €28,617 | +€7,692 | +36.8% |
| Taxes | 450/3 | €8,820 | €8,125 | -€695 | -7.9% |
| Remuneration and social security | 454/9 | €12,105 | €20,492 | +€8,387 | +69.3% |
| Other amounts payable | 47/48 | €29,116 | €7,056 | -€22,060 | -75.8% |
| Remuneration, social security and pensions | 62 | €123,830 | €113,416 | -€10,414 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €947 | €1,264 | +€317 | +33.5% |
| Other operating charges | 640/8 | €1,094 | €1,428 | +€334 | +30.5% |
| Gross operating margin | 9900 | €164,203 | €119,709 | -€44,494 | -27.1% |
| Operating profit (loss) | 9901 | €38,332 | €3,601 | -€34,730 | -90.6% |
| Financial income | 75/76B | €168 | €93 | -€75 | -44.4% |
| Recurring financial income | 75 | €168 | €93 | -€75 | -44.4% |
| Financial charges | 65/66B | €34,491 | €157 | -€34,334 | -99.5% |
| Recurring financial charges | 65 | €34,491 | €157 | -€34,334 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €4,009 | €3,538 | -€471 | -11.7% |
| Income taxes | 67/77 | €3,554 | €1,210 | -€2,344 | -65.9% |
| Profit (loss) for the period | 9904 | €455 | €2,328 | +€1,873 | +412% |
| Profit (loss) for the period to be appropriated | 9905 | €455 | €2,328 | +€1,873 | +412% |
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 14 October 2026 via checked.be.