IR. J. WITTOUCK: what changed
What changed
IR. J. WITTOUCK
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€318,286
2024 · €332,880-€14,594
Equity
€1.4m
2024 · €1.1m+€318,286
Cash
€97,440
2024 · €214,608-€117,168
Balance sheet total
€3.6m
2024 · €3.4m+€248,509
Largest movements
Assets
- Current investments +€448,728
up €448,728 (+24.1%), from €1.9m to €2.3m
- Cash -€117,168
down €117,168 (-54.6%), from €214,608 to €97,440
mainly Current investments (-€448,728) and Investment in fixed assets (net) (-€64,620)
- Tangible fixed assets -€42,148
down €42,148 (-29.2%), from €144,184 to €102,037
of which Land and buildings: -€89,753
Equity and liabilities
- Reserves +€318,286
up €318,286 (+29.8%), from €1.1m to €1.4m
of which Distributable reserves: +€318,286
- Debts after one year -€57,778
down €57,778 (-5.1%), from €1.1m to €1.1m
- Accrued charges and deferred income +€51,849
up €51,849 (+7.3%), from €711,361 to €763,210
- Tax, wage and social debts -€36,383
down €36,383 (-60.3%), from €60,371 to €23,988
of which Taxes: -€36,383
Income statement
- Financial income -€44,487
down €44,487 (-23.6%), from €188,641 to €144,154
- Gross operating margin +€17,664
up €17,664 (+3.6%), from €494,445 to €512,108
- Depreciation -€5,585
down €5,585 (-5.0%), from €112,353 to €106,767
- Financial charges -€5,184
down €5,184 (-6.5%), from €80,171 to €74,987
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€332,880
Gross operating margin
+€17,664
Depreciation
+€5,585
Other operating charges
-€2,208
Financial income
-€44,487
Financial charges
+€5,184
Taxes
+€3,668
Result 2025
€318,286
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€482,846
Investment
-€513,348
Financing
-€86,667
Cash 2024
€214,608
From operations (derived)
+€482,846
Net result for the year
+€318,286
Depreciation
+€106,767
Receivables after one year
+€11,660
Receivables within one year
+€13,854
Deferred charges and accrued income
+€15,389
Trade debts
-€4,860
Tax, wage and social debts
-€36,383
Other debts
+€6,283
Accrued charges and deferred income
+€51,849
Investment (derived)
-€513,348
Investment in fixed assets (net)
-€64,620
Current investments
-€448,728
Financing
-€86,667
Debts after one year
-€57,778
Current portion of long-term debt
-€28,888
Cash 2025
€97,440
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,354,559 | €3,603,068 | +€248,509 | +7.4% |
| Fixed assets | 21/28 | €1,220,005 | €1,177,858 | -€42,148 | -3.5% |
| Tangible fixed assets | 22/27 | €144,184 | €102,037 | -€42,148 | -29.2% |
| Land and buildings | 22 | €98,542 | €8,789 | -€89,753 | -91.1% |
| Furniture and vehicles | 24 | €45,642 | €90,398 | +€44,755 | +98.1% |
| Other tangible fixed assets | 26 | - | €2,850 | +€2,850 | |
| Financial fixed assets | 28 | €1,075,821 | €1,075,821 | = | 0.0% |
| Current assets | 29/58 | €2,134,553 | €2,425,210 | +€290,657 | +13.6% |
| Amounts receivable after more than one year | 29 | €11,660 | €0 | -€11,660 | -100% |
| Other amounts receivable | 291 | €11,660 | €0 | -€11,660 | -100% |
| Amounts receivable within one year | 40/41 | €27,406 | €13,552 | -€13,854 | -50.6% |
| Trade receivables | 40 | €27,400 | €13,552 | -€13,848 | -50.5% |
| Other amounts receivable | 41 | €6 | €0 | -€6 | -100% |
| Current investments | 50/53 | €1,858,683 | €2,307,411 | +€448,728 | +24.1% |
| Cash at bank and in hand | 54/58 | €214,608 | €97,440 | -€117,168 | -54.6% |
| Deferred charges and accrued income | 490/1 | €22,197 | €6,808 | -€15,389 | -69.3% |
| Total equity and liabilities | 10/49 | €3,354,559 | €3,603,068 | +€248,509 | +7.4% |
| Equity | 10/15 | €1,129,534 | €1,447,820 | +€318,286 | +28.2% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €1,067,134 | €1,385,420 | +€318,286 | +29.8% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,860 | €6,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,490 | €18,490 | = | 0.0% |
| Distributable reserves | 133 | €1,041,784 | €1,360,070 | +€318,286 | +30.6% |
| Amounts payable | 17/49 | €2,225,025 | €2,155,248 | -€69,777 | -3.1% |
| Amounts payable after more than one year | 17 | €1,133,599 | €1,075,821 | -€57,778 | -5.1% |
| Financial debts | 170/4 | €1,133,599 | €1,075,821 | -€57,778 | -5.1% |
| Amounts payable within one year | 42/48 | €380,065 | €316,217 | -€63,848 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €86,667 | €57,778 | -€28,888 | -33.3% |
| Trade debts | 44 | €6,170 | €1,311 | -€4,860 | -78.8% |
| Suppliers | 440/4 | €6,170 | €1,311 | -€4,860 | -78.8% |
| Taxes, remuneration and social security | 45 | €60,371 | €23,988 | -€36,383 | -60.3% |
| Taxes | 450/3 | €60,371 | €23,988 | -€36,383 | -60.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €226,857 | €233,140 | +€6,283 | +2.8% |
| Accrued charges and deferred income | 492/3 | €711,361 | €763,210 | +€51,849 | +7.3% |
| Non-recurring operating income | 76A | - | €19,425 | +€19,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,353 | €106,767 | -€5,585 | -5.0% |
| Other operating charges | 640/8 | €4,398 | €6,607 | +€2,208 | +50.2% |
| Gross operating margin | 9900 | €494,445 | €512,108 | +€17,664 | +3.6% |
| Operating profit (loss) | 9901 | €377,693 | €398,734 | +€21,041 | +5.6% |
| Financial income | 75/76B | €188,641 | €144,154 | -€44,487 | -23.6% |
| Recurring financial income | 75 | €188,641 | €144,154 | -€44,487 | -23.6% |
| Financial charges | 65/66B | €80,171 | €74,987 | -€5,184 | -6.5% |
| Recurring financial charges | 65 | €80,171 | €74,987 | -€5,184 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €486,163 | €467,901 | -€18,262 | -3.8% |
| Income taxes | 67/77 | €153,283 | €149,615 | -€3,668 | -2.4% |
| Profit (loss) for the period | 9904 | €332,880 | €318,286 | -€14,594 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €332,880 | €318,286 | -€14,594 | -4.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.