Lederwaren 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.
Lederwaren De Wit
Largest movements
- Tangible fixed assets +€220,530
up €220,530 (+889%), from €24,807 to €245,337
of which Other tangible fixed assets: +€200,109
- Cash -€103,284
down €103,284 (-81.1%), from €127,406 to €24,122
mainly Net result for the year (-€267,909) and Investment in fixed assets (net) (-€236,078)
- Stocks and contracts +€56,669
up €56,669 (+7.1%), from €794,509 to €851,178
- Contributions +€300,000
up €300,000 (+22.2%), from €1.4m to €1.7m
- Profit (loss) carried forward -€267,909
down €267,909 (-22.2%), from -€1.2m to -€1.5m
- Short-term financial debts +€127,000
new in 2025: €127,000
- Other debts +€23,294
up €23,294 (+3.2%), from €733,314 to €756,608
- Gross operating margin -€10,724
down €10,724 (-24.1%), from -€44,579 to -€55,302
- Depreciation +€6,651
up €6,651 (+84.2%), from €7,897 to €14,548
- Financial charges -€2,399
down €2,399 (-11.2%), from €21,395 to €18,996
- Financial income -€2,366
down €2,366 (-20.8%), from €11,361 to €8,996
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 | €958,105 | €1,138,912 | +€180,808 | +18.9% |
| Fixed assets | 21/28 | €24,807 | €246,337 | +€221,530 | +893% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €24,807 | €245,337 | +€220,530 | +889% |
| Plant, machinery and equipment | 23 | €3,191 | €28,964 | +€25,773 | +808% |
| Furniture and vehicles | 24 | €19,471 | €14,120 | -€5,352 | -27.5% |
| Other tangible fixed assets | 26 | €2,145 | €202,253 | +€200,109 | +9,330% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €933,298 | €892,576 | -€40,722 | -4.4% |
| Stocks and contracts in progress | 3 | €794,509 | €851,178 | +€56,669 | +7.1% |
| Stocks | 30/36 | €794,509 | €851,178 | +€56,669 | +7.1% |
| Amounts receivable within one year | 40/41 | €11,383 | €17,275 | +€5,892 | +51.8% |
| Trade receivables | 40 | €7,580 | €11,381 | +€3,800 | +50.1% |
| Other amounts receivable | 41 | €3,803 | €5,895 | +€2,092 | +55.0% |
| Cash at bank and in hand | 54/58 | €127,406 | €24,122 | -€103,284 | -81.1% |
| Total equity and liabilities | 10/49 | €958,105 | €1,138,912 | +€180,808 | +18.9% |
| Equity | 10/15 | €141,038 | €173,129 | +€32,091 | +22.8% |
| Contributions | 10/11 | €1,350,000 | €1,650,000 | +€300,000 | +22.2% |
| Reserves | 13 | €46 | €46 | = | 0.0% |
| Tax-exempt reserves | 132 | €46 | €46 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,209,008 | -€1,476,916 | -€267,909 | -22.2% |
| Amounts payable | 17/49 | €817,067 | €965,783 | +€148,716 | +18.2% |
| Amounts payable within one year | 42/48 | €817,067 | €960,875 | +€143,808 | +17.6% |
| Financial debts | 43 | - | €127,000 | +€127,000 | |
| Credit institutions | 430/8 | - | €127,000 | +€127,000 | |
| Trade debts | 44 | €20,484 | €17,019 | -€3,465 | -16.9% |
| Suppliers | 440/4 | €20,484 | €17,019 | -€3,465 | -16.9% |
| Taxes, remuneration and social security | 45 | €63,269 | €60,248 | -€3,022 | -4.8% |
| Taxes | 450/3 | €30,512 | €29,279 | -€1,233 | -4.0% |
| Remuneration and social security | 454/9 | €32,758 | €30,968 | -€1,789 | -5.5% |
| Other amounts payable | 47/48 | €733,314 | €756,608 | +€23,294 | +3.2% |
| Accrued charges and deferred income | 492/3 | - | €4,908 | +€4,908 | |
| Remuneration, social security and pensions | 62 | €184,786 | €184,923 | +€137 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,897 | €14,548 | +€6,651 | +84.2% |
| Other operating charges | 640/8 | €3,045 | €3,062 | +€16 | +0.5% |
| Gross operating margin | 9900 | -€44,579 | -€55,302 | -€10,724 | -24.1% |
| Operating profit (loss) | 9901 | -€240,308 | -€257,836 | -€17,528 | -7.3% |
| Financial income | 75/76B | €11,361 | €8,996 | -€2,366 | -20.8% |
| Recurring financial income | 75 | €11,361 | €8,996 | -€2,366 | -20.8% |
| Financial charges | 65/66B | €21,395 | €18,996 | -€2,399 | -11.2% |
| Recurring financial charges | 65 | €21,395 | €18,996 | -€2,399 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€250,341 | -€267,836 | -€17,494 | -7.0% |
| Income taxes | 67/77 | €275 | €73 | -€203 | -73.5% |
| Profit (loss) for the period | 9904 | -€250,617 | -€267,909 | -€17,292 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€250,617 | -€267,909 | -€17,292 | -6.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.