Etablissements A. Dewitte: 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.
Etablissements A. Dewitte
Largest movements
- Formation expenses +€108,646
new in 2025: €108,646
- Receivables after one year -€102,331
down €102,331 (-68.3%), from €149,914 to €47,583
- Receivables within one year -€51,502
down €51,502 (-23.9%), from €215,868 to €164,367
of which Trade receivables: -€58,191
- Cash -€30,200
down €30,200 (-26.6%), from €113,742 to €83,543
mainly Investment in fixed assets (net) (-€109,666) and Trade debts (-€105,789)
- Tangible fixed assets -€10,545
down €10,545 (-35.9%), from €29,406 to €18,861
- Trade debts -€105,789
down €105,789 (-43.0%), from €245,963 to €140,173
- Debts after one year +€53,359
up €53,359 (+61.6%), from €86,680 to €140,039
- Tax, wage and social debts -€31,026
down €31,026 (-54.7%), from €56,727 to €25,701
of which Remuneration and social security: -€18,730
- Gross operating margin -€97,385
down €97,385 (-30.1%), from €323,683 to €226,298
- Staff costs +€67,920
up €67,920 (+28.1%), from €241,823 to €309,743
- Write-downs -€42,953
no longer reported in 2025 (was €42,953)
- Taxes -€4,902
down €4,902 (-55.3%), from €8,865 to €3,963
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 | €677,407 | €595,760 | -€81,647 | -12.1% |
| Formation expenses | 20 | - | €108,646 | +€108,646 | |
| Fixed assets | 21/28 | €30,931 | €19,219 | -€11,711 | -37.9% |
| Intangible fixed assets | 21 | €1,525 | €358 | -€1,167 | -76.5% |
| Tangible fixed assets | 22/27 | €29,406 | €18,861 | -€10,545 | -35.9% |
| Plant, machinery and equipment | 23 | €14,266 | €9,594 | -€4,671 | -32.7% |
| Furniture and vehicles | 24 | €7,182 | €4,070 | -€3,112 | -43.3% |
| Other tangible fixed assets | 26 | €7,958 | €5,197 | -€2,761 | -34.7% |
| Current assets | 29/58 | €646,476 | €467,894 | -€178,582 | -27.6% |
| Amounts receivable after more than one year | 29 | €149,914 | €47,583 | -€102,331 | -68.3% |
| Trade receivables | 290 | €149,914 | €47,583 | -€102,331 | -68.3% |
| Stocks and contracts in progress | 3 | €151,951 | €157,402 | +€5,451 | +3.6% |
| Stocks | 30/36 | €151,951 | €157,402 | +€5,451 | +3.6% |
| Amounts receivable within one year | 40/41 | €215,868 | €164,367 | -€51,502 | -23.9% |
| Trade receivables | 40 | €199,614 | €141,423 | -€58,191 | -29.2% |
| Other amounts receivable | 41 | €16,255 | €22,944 | +€6,689 | +41.2% |
| Cash at bank and in hand | 54/58 | €113,742 | €83,543 | -€30,200 | -26.6% |
| Deferred charges and accrued income | 490/1 | €15,000 | €15,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €677,407 | €595,760 | -€81,647 | -12.1% |
| Equity | 10/15 | €288,037 | €289,846 | +€1,809 | +0.6% |
| Contributions | 10/11 | €126,985 | €126,985 | = | 0.0% |
| Capital | 10 | €126,985 | €126,985 | = | 0.0% |
| Issued capital | 100 | €126,985 | €126,985 | = | 0.0% |
| Reserves | 13 | €121,364 | €121,454 | +€90 | +0.1% |
| Non-distributable reserves | 130/1 | €7,542 | €7,632 | +€90 | +1.2% |
| Legal reserve | 130 | €7,542 | €7,632 | +€90 | +1.2% |
| Tax-exempt reserves | 132 | €5,200 | €5,200 | = | 0.0% |
| Distributable reserves | 133 | €108,622 | €108,622 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,688 | €41,407 | +€1,719 | +4.3% |
| Amounts payable | 17/49 | €389,370 | €305,914 | -€83,456 | -21.4% |
| Amounts payable after more than one year | 17 | €86,680 | €140,039 | +€53,359 | +61.6% |
| Other amounts payable | 178/9 | €86,680 | €140,039 | +€53,359 | +61.6% |
| Amounts payable within one year | 42/48 | €302,690 | €165,874 | -€136,815 | -45.2% |
| Trade debts | 44 | €245,963 | €140,173 | -€105,789 | -43.0% |
| Suppliers | 440/4 | €245,963 | €140,173 | -€105,789 | -43.0% |
| Taxes, remuneration and social security | 45 | €56,727 | €25,701 | -€31,026 | -54.7% |
| Taxes | 450/3 | €15,821 | €3,524 | -€12,296 | -77.7% |
| Remuneration and social security | 454/9 | €40,906 | €22,177 | -€18,730 | -45.8% |
| Non-recurring operating income | 76A | - | €253 | +€253 | |
| Remuneration, social security and pensions | 62 | €241,823 | €309,743 | +€67,920 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,468 | €12,731 | +€263 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €42,953 | - | -€42,953 | |
| Other operating charges | 640/8 | €1,679 | €2,246 | +€567 | +33.7% |
| Operating charges capitalised as restructuring costs | 649 | - | -€108,646 | -€108,646 | |
| Non-recurring operating charges | 66A | - | €959 | +€959 | |
| Gross operating margin | 9900 | €323,683 | €226,298 | -€97,385 | -30.1% |
| Operating profit (loss) | 9901 | €24,758 | €9,266 | -€15,492 | -62.6% |
| Financial income | 75/76B | €3,017 | €274 | -€2,743 | -90.9% |
| Recurring financial income | 75 | €3,017 | €274 | -€2,743 | -90.9% |
| Financial charges | 65/66B | €4,139 | €3,767 | -€372 | -9.0% |
| Recurring financial charges | 65 | €4,132 | €2,921 | -€1,210 | -29.3% |
| Non-recurring financial charges | 66B | €8 | €846 | +€838 | +10,900% |
| Profit (loss) for the period before taxes | 9903 | €23,636 | €5,773 | -€17,863 | -75.6% |
| Income taxes | 67/77 | €8,865 | €3,963 | -€4,902 | -55.3% |
| Profit (loss) for the period | 9904 | €14,771 | €1,809 | -€12,962 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,771 | €1,809 | -€12,962 | -87.7% |
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 30 October 2026 via checked.be.