GRAAFWERKEN 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.
GRAAFWERKEN DE WIT
Largest movements
- Receivables within one year -€51,280
down €51,280 (-73.6%), from €69,665 to €18,386
of which Trade receivables: -€56,363
- Deferred charges and accrued income -€22,063
down €22,063 (-47.9%), from €46,049 to €23,985
- Tangible fixed assets -€8,572
down €8,572 (-6.5%), from €132,684 to €124,112
of which Furniture and vehicles: -€10,734
- Cash +€4,056
up €4,056 (+12.7%), from €31,877 to €35,933
mainly Depreciation (+€52,425) and Receivables within one year (+€51,280)
- Other debts -€31,641
down €31,641 (-98.1%), from €32,249 to €608
- Profit (loss) carried forward -€19,857
down €19,857 (-32.5%), from €61,187 to €41,330
- Debts after one year -€18,771
down €18,771 (-21.4%), from €87,732 to €68,961
- Trade debts -€17,263
down €17,263 (-80.6%), from €21,432 to €4,168
- Tax, wage and social debts -€10,336
down €10,336 (-100%), from €10,336 to €0
of which Taxes: -€6,460
- Gross operating margin -€32,964
down €32,964 (-27.6%), from €119,319 to €86,355
- Staff costs +€23,838
up €23,838 (+244%), from €9,769 to €33,607
- Taxes -€7,760
down €7,760 (-100%), from €7,760 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,275 | €202,416 | -€77,859 | -27.8% |
| Fixed assets | 21/28 | €132,684 | €124,112 | -€8,572 | -6.5% |
| Tangible fixed assets | 22/27 | €132,684 | €124,112 | -€8,572 | -6.5% |
| Plant, machinery and equipment | 23 | €7,244 | €9,406 | +€2,162 | +29.8% |
| Furniture and vehicles | 24 | €125,440 | €114,706 | -€10,734 | -8.6% |
| Current assets | 29/58 | €147,591 | €78,304 | -€69,287 | -46.9% |
| Amounts receivable within one year | 40/41 | €69,665 | €18,386 | -€51,280 | -73.6% |
| Trade receivables | 40 | €58,429 | €2,065 | -€56,363 | -96.5% |
| Other amounts receivable | 41 | €11,237 | €16,320 | +€5,084 | +45.2% |
| Cash at bank and in hand | 54/58 | €31,877 | €35,933 | +€4,056 | +12.7% |
| Deferred charges and accrued income | 490/1 | €46,049 | €23,985 | -€22,063 | -47.9% |
| Total equity and liabilities | 10/49 | €280,275 | €202,416 | -€77,859 | -27.8% |
| Equity | 10/15 | €83,184 | €62,812 | -€20,372 | -24.5% |
| Contributions | 10/11 | €18,593 | €18,593 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,187 | €41,330 | -€19,857 | -32.5% |
| Investment grants | 15 | €1,544 | €1,029 | -€515 | -33.4% |
| Amounts payable | 17/49 | €197,091 | €139,604 | -€57,487 | -29.2% |
| Amounts payable after more than one year | 17 | €87,732 | €68,961 | -€18,771 | -21.4% |
| Financial debts | 170/4 | €87,732 | €68,961 | -€18,771 | -21.4% |
| Amounts payable within one year | 42/48 | €101,925 | €56,040 | -€45,885 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €37,909 | €47,148 | +€9,238 | +24.4% |
| Trade debts | 44 | €21,432 | €4,168 | -€17,263 | -80.6% |
| Suppliers | 440/4 | €21,432 | €4,168 | -€17,263 | -80.6% |
| Advances received on contracts in progress | 46 | - | €4,116 | +€4,116 | |
| Taxes, remuneration and social security | 45 | €10,336 | €0 | -€10,336 | -100% |
| Taxes | 450/3 | €6,460 | €0 | -€6,460 | -100% |
| Remuneration and social security | 454/9 | €3,876 | €0 | -€3,876 | -100% |
| Other amounts payable | 47/48 | €32,249 | €608 | -€31,641 | -98.1% |
| Accrued charges and deferred income | 492/3 | €7,433 | €14,603 | +€7,170 | +96.5% |
| Remuneration, social security and pensions | 62 | €9,769 | €33,607 | +€23,838 | +244% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,284 | €52,425 | -€859 | -1.6% |
| Other operating charges | 640/8 | €14,963 | €14,972 | +€9 | +0.1% |
| Gross operating margin | 9900 | €119,319 | €86,355 | -€32,964 | -27.6% |
| Operating profit (loss) | 9901 | €41,302 | -€14,649 | -€55,951 | |
| Financial income | 75/76B | €515 | €517 | +€2 | +0.3% |
| Recurring financial income | 75 | €515 | €517 | +€2 | +0.3% |
| Financial charges | 65/66B | €6,186 | €5,725 | -€461 | -7.5% |
| Recurring financial charges | 65 | €6,186 | €5,725 | -€461 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €35,631 | -€19,857 | -€55,488 | |
| Income taxes | 67/77 | €7,760 | €0 | -€7,760 | -100% |
| Profit (loss) for the period | 9904 | €27,871 | -€19,857 | -€47,728 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,871 | -€19,857 | -€47,728 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.