DR WITTERS M.-A.: 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 WITTERS M.-A.
Largest movements
- Receivables within one year +€9,091
up €9,091 (+42.0%), from €21,626 to €30,716
- Current investments +€9,000
new in 2025: €9,000
- Tangible fixed assets +€8,264
up €8,264 (+77.6%), from €10,644 to €18,908
of which Plant, machinery and equipment: +€8,881
- Cash +€4,517
up €4,517 (+2.8%), from €158,565 to €163,082
mainly Net result for the year (+€50,102) and Other debts (+€13,421)
- Profit (loss) carried forward +€19,160
up €19,160 (+12.2%), from €157,569 to €176,729
- Other debts +€13,421
up €13,421 (+76.6%), from €17,520 to €30,941
- Trade debts -€3,806
down €3,806 (-47.9%), from €7,945 to €4,139
- Gross operating margin -€10,902
down €10,902 (-13.1%), from €83,507 to €72,605
- Taxes +€4,390
up €4,390 (+25.8%), from €17,009 to €21,399
- Turnover +€1,734
up €1,734 (+1.1%), from €152,409 to €154,143
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 | €190,940 | €221,812 | +€30,872 | +16.2% |
| Fixed assets | 21/28 | €10,749 | €19,013 | +€8,264 | +76.9% |
| Tangible fixed assets | 22/27 | €10,644 | €18,908 | +€8,264 | +77.6% |
| Plant, machinery and equipment | 23 | - | €8,881 | +€8,881 | |
| Furniture and vehicles | 24 | €10,644 | €10,027 | -€616 | -5.8% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €180,191 | €202,799 | +€22,607 | +12.5% |
| Amounts receivable within one year | 40/41 | €21,626 | €30,716 | +€9,091 | +42.0% |
| Other amounts receivable | 41 | €21,626 | €30,716 | +€9,091 | +42.0% |
| Current investments | 50/53 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €158,565 | €163,082 | +€4,517 | +2.8% |
| Total equity and liabilities | 10/49 | €190,940 | €221,812 | +€30,872 | +16.2% |
| Equity | 10/15 | €160,569 | €179,729 | +€19,160 | +11.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,569 | €176,729 | +€19,160 | +12.2% |
| Amounts payable | 17/49 | €30,371 | €42,082 | +€11,711 | +38.6% |
| Amounts payable within one year | 42/48 | €30,371 | €42,082 | +€11,711 | +38.6% |
| Trade debts | 44 | €7,945 | €4,139 | -€3,806 | -47.9% |
| Suppliers | 440/4 | €7,945 | €4,139 | -€3,806 | -47.9% |
| Taxes, remuneration and social security | 45 | €4,907 | €7,003 | +€2,096 | +42.7% |
| Taxes | 450/3 | €4,907 | €7,003 | +€2,096 | +42.7% |
| Other amounts payable | 47/48 | €17,520 | €30,941 | +€13,421 | +76.6% |
| Turnover | 70 | €152,409 | €154,143 | +€1,734 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,093 | €93,881 | +€788 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,563 | €2,125 | +€562 | +35.9% |
| Other operating charges | 640/8 | €922 | €233 | -€689 | -74.8% |
| Gross operating margin | 9900 | €83,507 | €72,605 | -€10,902 | -13.1% |
| Operating profit (loss) | 9901 | €81,022 | €70,247 | -€10,775 | -13.3% |
| Financial income | 75/76B | €1,834 | €1,359 | -€475 | -25.9% |
| Recurring financial income | 75 | €1,834 | €1,359 | -€475 | -25.9% |
| Financial charges | 65/66B | €108 | €105 | -€3 | -3.0% |
| Recurring financial charges | 65 | €108 | €105 | -€3 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €82,748 | €71,501 | -€11,247 | -13.6% |
| Income taxes | 67/77 | €17,009 | €21,399 | +€4,390 | +25.8% |
| Profit (loss) for the period | 9904 | €65,739 | €50,102 | -€15,637 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,739 | €50,102 | -€15,637 | -23.8% |
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.