GROEP 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.
GROEP DE WIT
Largest movements
- Receivables within one year -€5,006
down €5,006 (-18.0%), from €27,807 to €22,802
of which Other amounts receivable: -€4,869
- Tangible fixed assets -€2,359
down €2,359 (-13.2%), from €17,812 to €15,453
- Deferred charges and accrued income -€1,720
no longer reported in 2024 (was €1,720)
- Cash -€1,420
down €1,420 (-1.9%), from €74,920 to €73,501
mainly Contributions, distributions and other (-€24,000) and Other debts (-€6,839)
- Other debts -€6,839
down €6,839 (-22.5%), from €30,400 to €23,562
- Trade debts -€3,379
down €3,379 (-16.7%), from €20,239 to €16,861
- Gross operating margin -€13,118
down €13,118 (-29.1%), from €45,008 to €31,890
- Taxes -€1,373
down €1,373 (-65.9%), from €2,081 to €709
- Depreciation -€579
down €579 (-8.9%), from €6,501 to €5,922
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,259 | €111,755 | -€11,504 | -9.3% |
| Fixed assets | 21/28 | €17,812 | €15,453 | -€2,359 | -13.2% |
| Tangible fixed assets | 22/27 | €17,812 | €15,453 | -€2,359 | -13.2% |
| Land and buildings | 22 | €5,975 | €5,468 | -€507 | -8.5% |
| Plant, machinery and equipment | 23 | €4,544 | €3,840 | -€704 | -15.5% |
| Furniture and vehicles | 24 | €7,293 | €6,145 | -€1,148 | -15.7% |
| Current assets | 29/58 | €105,447 | €96,302 | -€9,145 | -8.7% |
| Amounts receivable after more than one year | 29 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 291 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €27,807 | €22,802 | -€5,006 | -18.0% |
| Trade receivables | 40 | €22,807 | €22,671 | -€137 | -0.6% |
| Other amounts receivable | 41 | €5,000 | €131 | -€4,869 | -97.4% |
| Cash at bank and in hand | 54/58 | €74,920 | €73,501 | -€1,420 | -1.9% |
| Deferred charges and accrued income | 490/1 | €1,720 | - | -€1,720 | |
| Total equity and liabilities | 10/49 | €123,259 | €111,755 | -€11,504 | -9.3% |
| Equity | 10/15 | €64,366 | €64,423 | +€56 | +0.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €9,765 | €9,765 | = | 0.0% |
| Distributable reserves | 133 | €9,765 | €9,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,301 | €48,357 | +€56 | +0.1% |
| Amounts payable | 17/49 | €58,892 | €47,333 | -€11,560 | -19.6% |
| Amounts payable within one year | 42/48 | €58,892 | €47,333 | -€11,560 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €152 | - | -€152 | |
| Trade debts | 44 | €20,239 | €16,861 | -€3,379 | -16.7% |
| Suppliers | 440/4 | €20,239 | €16,861 | -€3,379 | -16.7% |
| Taxes, remuneration and social security | 45 | €8,101 | €6,910 | -€1,190 | -14.7% |
| Taxes | 450/3 | €8,101 | €6,910 | -€1,190 | -14.7% |
| Other amounts payable | 47/48 | €30,400 | €23,562 | -€6,839 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,501 | €5,922 | -€579 | -8.9% |
| Other operating charges | 640/8 | €1,337 | €1,279 | -€58 | -4.3% |
| Gross operating margin | 9900 | €45,008 | €31,890 | -€13,118 | -29.1% |
| Operating profit (loss) | 9901 | €37,170 | €24,689 | -€12,481 | -33.6% |
| Financial income | 75/76B | €77 | €76 | -€0 | -0.5% |
| Recurring financial income | 75 | €77 | €76 | -€0 | -0.5% |
| Financial charges | 65/66B | €23 | €0 | -€23 | -98.4% |
| Recurring financial charges | 65 | €23 | €0 | -€23 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €37,224 | €24,765 | -€12,459 | -33.5% |
| Income taxes | 67/77 | €2,081 | €709 | -€1,373 | -65.9% |
| Profit (loss) for the period | 9904 | €35,142 | €24,056 | -€11,086 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,142 | €24,056 | -€11,086 | -31.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.