HILDE WITTEMANS: 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.
What changed
HILDE WITTEMANS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€347,852
2024 · €306,825+€41,027
Equity
€2.3m
2024 · €2.1m+€210,872
Cash
€1.1m
2024 · €40,957+€1.1m
Balance sheet total
€3.0m
2024 · €2.9m+€73,398
Largest movements
Assets
- Cash +€1.1m
up €1.1m (+2,699%), from €40,957 to €1.1m
mainly Investment in fixed assets (net) (+€1.0m) and Net result for the year (+€347,852)
- Tangible fixed assets -€1.1m
down €1.1m (-48.6%), from €2.2m to €1.2m
of which Land and buildings: -€1.1m
- Receivables after one year +€74,000
up €74,000 (+13.9%), from €532,000 to €606,000
Equity and liabilities
- Reserves +€210,872
up €210,872 (+15.6%), from €1.4m to €1.6m
of which Tax-exempt reserves: +€126,300
- Current portion of long-term debt -€151,335
down €151,335 (-70.9%), from €213,310 to €61,975
Income statement
- Depreciation -€54,604
down €54,604 (-40.7%), from €134,015 to €79,411
- Taxes +€17,799
up €17,799 (+14.2%), from €125,368 to €143,167
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.
Result 2024
€306,825
Gross operating margin
+€2,560
Depreciation
+€54,604
Other operating charges
-€2,654
Financial income
+€4,317
Financial charges
-€2
Taxes
-€17,799
Result 2025
€347,852
raises the resultlowers the result
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.
From operations
+€399,592
Investment
+€1.0m
Financing
-€305,290
Cash 2024
€40,957
From operations (derived)
+€399,592
Net result for the year
+€347,852
Depreciation
+€79,411
Receivables after one year
-€74,000
Receivables within one year
+€27,718
Deferred charges and accrued income
-€12,225
Trade debts
-€725
Tax, wage and social debts
+€12,050
Other debts
+€16,500
Accrued charges and deferred income
+€3,011
Investment (derived)
+€1.0m
Investment in fixed assets (net)
+€1.0m
Financing
-€305,290
Debts after one year
-€16,975
Current portion of long-term debt
-€151,335
Contributions, distributions and other
-€136,980
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,935,809 | €3,009,207 | +€73,398 | +2.5% |
| Fixed assets | 21/28 | €2,245,429 | €1,154,995 | -€1.1m | -48.6% |
| Tangible fixed assets | 22/27 | €2,245,429 | €1,154,995 | -€1.1m | -48.6% |
| Land and buildings | 22 | €2,165,913 | €1,115,721 | -€1.1m | -48.5% |
| Plant, machinery and equipment | 23 | €4,285 | €2,975 | -€1,310 | -30.6% |
| Furniture and vehicles | 24 | €75,231 | €36,299 | -€38,932 | -51.7% |
| Current assets | 29/58 | €690,380 | €1,854,212 | +€1.2m | +169% |
| Amounts receivable after more than one year | 29 | €532,000 | €606,000 | +€74,000 | +13.9% |
| Other amounts receivable | 291 | €532,000 | €606,000 | +€74,000 | +13.9% |
| Amounts receivable within one year | 40/41 | €96,696 | €68,978 | -€27,718 | -28.7% |
| Trade receivables | 40 | €33,060 | - | -€33,060 | |
| Other amounts receivable | 41 | €63,636 | €68,978 | +€5,342 | +8.4% |
| Cash at bank and in hand | 54/58 | €40,957 | €1,146,283 | +€1.1m | +2,699% |
| Deferred charges and accrued income | 490/1 | €20,727 | €32,952 | +€12,225 | +59.0% |
| Total equity and liabilities | 10/49 | €2,935,809 | €3,009,207 | +€73,398 | +2.5% |
| Equity | 10/15 | €2,089,921 | €2,300,792 | +€210,872 | +10.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,351,908 | €1,562,780 | +€210,872 | +15.6% |
| Tax-exempt reserves | 132 | €210,500 | €336,800 | +€126,300 | +60.0% |
| Distributable reserves | 133 | €1,141,408 | €1,225,980 | +€84,572 | +7.4% |
| Profit (loss) carried forward | 14 | €708,013 | €708,013 | = | 0.0% |
| Provisions and deferred taxes | 16 | €140,000 | €140,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €140,000 | €140,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable | 17/49 | €705,888 | €568,415 | -€137,474 | -19.5% |
| Amounts payable after more than one year | 17 | €16,975 | - | -€16,975 | |
| Financial debts | 170/4 | €16,975 | - | -€16,975 | |
| Amounts payable within one year | 42/48 | €666,664 | €543,154 | -€123,510 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €213,310 | €61,975 | -€151,335 | -70.9% |
| Trade debts | 44 | €2,304 | €1,579 | -€725 | -31.5% |
| Suppliers | 440/4 | €2,304 | €1,579 | -€725 | -31.5% |
| Taxes, remuneration and social security | 45 | €33,750 | €45,800 | +€12,050 | +35.7% |
| Taxes | 450/3 | €27,750 | €27,800 | +€50 | +0.2% |
| Remuneration and social security | 454/9 | €6,000 | €18,000 | +€12,000 | +200% |
| Other amounts payable | 47/48 | €417,300 | €433,800 | +€16,500 | +4.0% |
| Accrued charges and deferred income | 492/3 | €22,250 | €25,261 | +€3,011 | +13.5% |
| Non-recurring operating income | 76A | €117,282 | €98,579 | -€18,702 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,015 | €79,411 | -€54,604 | -40.7% |
| Other operating charges | 640/8 | €8,111 | €10,764 | +€2,654 | +32.7% |
| Gross operating margin | 9900 | €585,131 | €587,691 | +€2,560 | +0.4% |
| Operating profit (loss) | 9901 | €443,005 | €497,516 | +€54,511 | +12.3% |
| Financial income | 75/76B | €14,144 | €18,461 | +€4,317 | +30.5% |
| Recurring financial income | 75 | €14,144 | €18,461 | +€4,317 | +30.5% |
| Financial charges | 65/66B | €24,955 | €24,957 | +€2 | 0.0% |
| Recurring financial charges | 65 | €24,955 | €24,957 | +€2 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €432,194 | €491,020 | +€58,826 | +13.6% |
| Income taxes | 67/77 | €125,368 | €143,167 | +€17,799 | +14.2% |
| Profit (loss) for the period | 9904 | €306,825 | €347,852 | +€41,027 | +13.4% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €126,300 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €180,525 | €221,552 | +€41,027 | +22.7% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.