Dr Stéphane DE WIT: 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 Stéphane DE WIT
Largest movements
- Receivables within one year +€37,523
up €37,523 (+53.3%), from €70,442 to €107,965
of which Other amounts receivable: +€37,568
- Cash +€2,738
up €2,738 (+11.1%), from €24,670 to €27,408
mainly Net result for the year (+€39,198) and Tax, wage and social debts (+€823)
- Reserves +€39,198
up €39,198 (+46.8%), from €83,692 to €122,889
- Gross operating margin +€12,503
up €12,503 (+33.4%), from €37,454 to €49,957
- Taxes +€3,903
up €3,903 (+35.7%), from €10,920 to €14,823
- Financial income +€1,805
up €1,805 (+65.3%), from €2,763 to €4,568
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 | €95,112 | €135,373 | +€40,262 | +42.3% |
| Current assets | 29/58 | €95,112 | €135,373 | +€40,262 | +42.3% |
| Amounts receivable within one year | 40/41 | €70,442 | €107,965 | +€37,523 | +53.3% |
| Trade receivables | 40 | €4,937 | €4,893 | -€45 | -0.9% |
| Other amounts receivable | 41 | €65,505 | €103,073 | +€37,568 | +57.4% |
| Cash at bank and in hand | 54/58 | €24,670 | €27,408 | +€2,738 | +11.1% |
| Total equity and liabilities | 10/49 | €95,112 | €135,373 | +€40,262 | +42.3% |
| Equity | 10/15 | €84,192 | €123,389 | +€39,198 | +46.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €83,692 | €122,889 | +€39,198 | +46.8% |
| Distributable reserves | 133 | €83,692 | €122,889 | +€39,198 | +46.8% |
| Amounts payable | 17/49 | €10,920 | €11,984 | +€1,064 | +9.7% |
| Amounts payable within one year | 42/48 | €10,920 | €11,984 | +€1,064 | +9.7% |
| Trade debts | 44 | - | €241 | +€241 | |
| Suppliers | 440/4 | - | €241 | +€241 | |
| Taxes, remuneration and social security | 45 | €10,920 | €11,743 | +€823 | +7.5% |
| Taxes | 450/3 | €10,920 | €11,743 | +€823 | +7.5% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €37,454 | €49,957 | +€12,503 | +33.4% |
| Operating profit (loss) | 9901 | €37,454 | €49,558 | +€12,103 | +32.3% |
| Financial income | 75/76B | €2,763 | €4,568 | +€1,805 | +65.3% |
| Recurring financial income | 75 | €2,763 | €4,568 | +€1,805 | +65.3% |
| Financial charges | 65/66B | €177 | €104 | -€73 | -41.0% |
| Recurring financial charges | 65 | €177 | €104 | -€73 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €40,041 | €54,021 | +€13,980 | +34.9% |
| Income taxes | 67/77 | €10,920 | €14,823 | +€3,903 | +35.7% |
| Profit (loss) for the period | 9904 | €29,120 | €39,198 | +€10,077 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,120 | €39,198 | +€10,077 | +34.6% |
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 19 October 2026 via checked.be.