Dr. E. Witters oogarts: 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.
Dr. E. Witters oogarts
Largest movements
- Current investments +€162,126
up €162,126 (+139%), from €117,024 to €279,151
- Cash +€29,845
up €29,845 (+37.0%), from €80,690 to €110,535
mainly Net result for the year (+€251,739) and Other debts (+€187,974)
- Receivables within one year +€23,424
new in 2025: €23,424
- Tangible fixed assets -€11,978
down €11,978 (-21.3%), from €56,114 to €44,136
of which Furniture and vehicles: -€14,133
- Other debts +€187,974
up €187,974 (+112%), from €168,174 to €356,148
- Short-term financial debts +€70,400
new in 2025: €70,400
- Reserves -€51,799
down €51,799 (-100.0%), from €51,799 to €1
- Gross operating margin -€27,588
down €27,588 (-7.4%), from €370,521 to €342,933
- Taxes -€7,467
down €7,467 (-8.8%), from €85,251 to €77,784
- Financial charges -€3,982
down €3,982 (-71.2%), from €5,591 to €1,608
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 | €255,813 | €459,459 | +€203,646 | +79.6% |
| Fixed assets | 21/28 | €56,114 | €44,136 | -€11,978 | -21.3% |
| Tangible fixed assets | 22/27 | €56,114 | €44,136 | -€11,978 | -21.3% |
| Plant, machinery and equipment | 23 | - | €2,155 | +€2,155 | |
| Furniture and vehicles | 24 | €56,114 | €41,981 | -€14,133 | -25.2% |
| Current assets | 29/58 | €199,699 | €415,323 | +€215,624 | +108% |
| Amounts receivable within one year | 40/41 | - | €23,424 | +€23,424 | |
| Trade receivables | 40 | - | €23,424 | +€23,424 | |
| Current investments | 50/53 | €117,024 | €279,151 | +€162,126 | +139% |
| Cash at bank and in hand | 54/58 | €80,690 | €110,535 | +€29,845 | +37.0% |
| Deferred charges and accrued income | 490/1 | €1,985 | €2,213 | +€228 | +11.5% |
| Total equity and liabilities | 10/49 | €255,813 | €459,459 | +€203,646 | +79.6% |
| Equity | 10/15 | €70,399 | €18,601 | -€51,799 | -73.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,799 | €1 | -€51,799 | -100.0% |
| Distributable reserves | 133 | €51,799 | €1 | -€51,799 | -100.0% |
| Amounts payable | 17/49 | €185,414 | €440,858 | +€255,444 | +138% |
| Amounts payable within one year | 42/48 | €185,414 | €440,607 | +€255,194 | +138% |
| Financial debts | 43 | - | €70,400 | +€70,400 | |
| Other loans | 439 | - | €70,400 | +€70,400 | |
| Taxes, remuneration and social security | 45 | €17,240 | €14,059 | -€3,181 | -18.4% |
| Taxes | 450/3 | €17,240 | €14,059 | -€3,181 | -18.4% |
| Other amounts payable | 47/48 | €168,174 | €356,148 | +€187,974 | +112% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,289 | €14,446 | +€1,158 | +8.7% |
| Other operating charges | 640/8 | €534 | €428 | -€107 | -20.0% |
| Gross operating margin | 9900 | €370,521 | €342,933 | -€27,588 | -7.4% |
| Operating profit (loss) | 9901 | €356,697 | €328,059 | -€28,638 | -8.0% |
| Financial income | 75/76B | €5,941 | €3,073 | -€2,868 | -48.3% |
| Recurring financial income | 75 | €5,941 | €3,073 | -€2,868 | -48.3% |
| Financial charges | 65/66B | €5,591 | €1,608 | -€3,982 | -71.2% |
| Recurring financial charges | 65 | €5,591 | €1,608 | -€3,982 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | €357,047 | €329,523 | -€27,524 | -7.7% |
| Income taxes | 67/77 | €85,251 | €77,784 | -€7,467 | -8.8% |
| Profit (loss) for the period | 9904 | €271,796 | €251,739 | -€20,057 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €271,796 | €251,739 | -€20,057 | -7.4% |
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 25 October 2026 via checked.be.