DEWITTE TRAPPEN: 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.
DEWITTE TRAPPEN
Largest movements
- Cash +€17,579
up €17,579 (+120.4%), from €14,604 to €32,183
mainly Depreciation (+€11,243) and Receivables within one year (+€8,451)
- Receivables within one year -€8,451
down €8,451 (-40.9%), from €20,681 to €12,230
of which Trade receivables: -€6,835
- Stocks and contracts -€2,600
down €2,600 (-14.8%), from €17,600 to €15,000
of which Stocks: -€2,600
- Tangible fixed assets -€1,840
down €1,840 (-9.8%), from €18,873 to €17,033
of which Plant, machinery and equipment: -€3,965
- Tax, wage and social debts +€2,538
up €2,538 (+166.2%), from €1,528 to €4,066
of which Taxes: +€2,496
- Trade debts +€1,484
up €1,484 (+102.6%), from €1,446 to €2,930
- Gross operating margin +€4,613
up €4,613 (+47.2%), from €9,779 to €14,392
- Depreciation +€1,466
up €1,466 (+15.0%), from €9,777 to €11,243
- Other operating charges +€627
up €627 (+37.0%), from €1,692 to €2,318
- Financial charges +€466
up €466 (+194.8%), from €239 to €706
- Financial income +€247
up €247 (+696.3%), from €35 to €283
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 | €77,782 | €82,143 | +€4,361 | +5.6% |
| Fixed assets | 21/28 | €20,462 | €18,198 | -€2,263 | -11.1% |
| Intangible fixed assets | 21 | €1,589 | €1,165 | -€423 | -26.6% |
| Tangible fixed assets | 22/27 | €18,873 | €17,033 | -€1,840 | -9.8% |
| Plant, machinery and equipment | 23 | €17,517 | €13,553 | -€3,965 | -22.6% |
| Furniture and vehicles | 24 | €1,356 | €3,480 | +€2,124 | +156.7% |
| Current assets | 29/58 | €57,320 | €63,945 | +€6,625 | +11.6% |
| Amounts receivable after more than one year | 29 | €2,025 | €2,025 | = | 0.0% |
| Other amounts receivable | 291 | €2,025 | €2,025 | = | 0.0% |
| Stocks and contracts in progress | 3 | €17,600 | €15,000 | -€2,600 | -14.8% |
| Stocks | 30/36 | €15,100 | €12,500 | -€2,600 | -17.2% |
| Contracts in progress | 37 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,681 | €12,230 | -€8,451 | -40.9% |
| Trade receivables | 40 | €18,189 | €11,354 | -€6,835 | -37.6% |
| Other amounts receivable | 41 | €2,492 | €876 | -€1,616 | -64.8% |
| Cash at bank and in hand | 54/58 | €14,604 | €32,183 | +€17,579 | +120.4% |
| Deferred charges and accrued income | 490/1 | €2,410 | €2,507 | +€96 | +4.0% |
| Total equity and liabilities | 10/49 | €77,782 | €82,143 | +€4,361 | +5.6% |
| Equity | 10/15 | €74,357 | €74,764 | +€407 | +0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €54,357 | €54,764 | +€407 | +0.7% |
| Distributable reserves | 133 | €54,357 | €54,764 | +€407 | +0.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,425 | €7,379 | +€3,954 | +115.5% |
| Amounts payable within one year | 42/48 | €3,425 | €7,379 | +€3,954 | +115.5% |
| Trade debts | 44 | €1,446 | €2,930 | +€1,484 | +102.6% |
| Suppliers | 440/4 | €1,446 | €2,930 | +€1,484 | +102.6% |
| Taxes, remuneration and social security | 45 | €1,528 | €4,066 | +€2,538 | +166.2% |
| Taxes | 450/3 | €1,115 | €3,611 | +€2,496 | +223.9% |
| Remuneration and social security | 454/9 | €413 | €455 | +€42 | +10.3% |
| Other amounts payable | 47/48 | €451 | €383 | -€68 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,777 | €11,243 | +€1,466 | +15.0% |
| Other operating charges | 640/8 | €1,692 | €2,318 | +€627 | +37.0% |
| Non-recurring operating charges | 66A | €1,950 | €0 | -€1,950 | -100.0% |
| Gross operating margin | 9900 | €9,779 | €14,392 | +€4,613 | +47.2% |
| Operating profit (loss) | 9901 | -€3,640 | €831 | +€4,470 | |
| Financial income | 75/76B | €35 | €283 | +€247 | +696.3% |
| Recurring financial income | 75 | €35 | €283 | +€247 | +696.3% |
| Financial charges | 65/66B | €239 | €706 | +€466 | +194.8% |
| Recurring financial charges | 65 | €239 | €706 | +€466 | +194.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,844 | €407 | +€4,251 | |
| Profit (loss) for the period | 9904 | -€3,844 | €407 | +€4,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,844 | €407 | +€4,251 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.