M. DE WIT BELGIUM: what changed
M. DE WIT BELGIUM
Largest movements
- Receivables within one year +€523,278
up €523,278 (+130%), from €401,502 to €924,780
of which Other amounts receivable: +€521,393
- Tangible fixed assets -€54,167
down €54,167 (-47.2%), from €114,781 to €60,614
of which Land and buildings: -€29,619
- Cash -€47,389
down €47,389 (-78.6%), from €60,301 to €12,912
mainly Receivables within one year (-€523,278) and Net result for the year (-€50,091)
- Other debts +€473,412
up €473,412 (+59.5%), from €796,039 to €1.3m
- Profit (loss) carried forward -€50,091
down €50,091 (-21.5%), from -€233,316 to -€283,407
- Financial income -€100,000
down €100,000 (-100%), from €100,000 to €0
- Gross operating margin +€25,289
up €25,289, from -€7,349 to €17,940
- Financial charges +€6,972
up €6,972 (+131%), from €5,303 to €12,275
- Other operating charges -€3,003
down €3,003 (-67.3%), from €4,460 to €1,457
- Depreciation -€1,167
down €1,167 (-2.1%), from €55,598 to €54,431
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €577,079 | €1,000,462 | +€423,382 | +73.4% |
| Fixed assets | 21/28 | €114,791 | €62,770 | -€52,021 | -45.3% |
| Intangible fixed assets | 21 | - | €1,546 | +€1,546 | |
| Tangible fixed assets | 22/27 | €114,781 | €60,614 | -€54,167 | -47.2% |
| Land and buildings | 22 | €51,146 | €21,527 | -€29,619 | -57.9% |
| Plant, machinery and equipment | 23 | €332 | €85 | -€247 | -74.3% |
| Furniture and vehicles | 24 | €53,159 | €34,626 | -€18,533 | -34.9% |
| Other tangible fixed assets | 26 | €10,144 | €4,376 | -€5,768 | -56.9% |
| Financial fixed assets | 28 | €10 | €610 | +€600 | +6,000% |
| Current assets | 29/58 | €462,288 | €937,691 | +€475,403 | +103% |
| Amounts receivable within one year | 40/41 | €401,502 | €924,780 | +€523,278 | +130% |
| Trade receivables | 40 | - | €1,885 | +€1,885 | |
| Other amounts receivable | 41 | €401,502 | €922,895 | +€521,393 | +130% |
| Cash at bank and in hand | 54/58 | €60,301 | €12,912 | -€47,389 | -78.6% |
| Deferred charges and accrued income | 490/1 | €486 | €0 | -€486 | -100% |
| Total equity and liabilities | 10/49 | €577,079 | €1,000,462 | +€423,382 | +73.4% |
| Equity | 10/15 | -€219,056 | -€269,147 | -€50,091 | -22.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,316 | -€283,407 | -€50,091 | -21.5% |
| Amounts payable | 17/49 | €796,135 | €1,269,608 | +€473,473 | +59.5% |
| Amounts payable within one year | 42/48 | €796,135 | €1,269,608 | +€473,473 | +59.5% |
| Trade debts | 44 | €0 | €127 | +€127 | |
| Suppliers | 440/4 | €0 | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €96 | €30 | -€66 | -68.8% |
| Taxes | 450/3 | €96 | €30 | -€66 | -68.8% |
| Other amounts payable | 47/48 | €796,039 | €1,269,451 | +€473,412 | +59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,598 | €54,431 | -€1,167 | -2.1% |
| Other operating charges | 640/8 | €4,460 | €1,457 | -€3,003 | -67.3% |
| Gross operating margin | 9900 | -€7,349 | €17,940 | +€25,289 | |
| Operating profit (loss) | 9901 | -€67,407 | -€37,947 | +€29,460 | +43.7% |
| Financial income | 75/76B | €100,000 | €0 | -€100,000 | -100% |
| Recurring financial income | 75 | €100,000 | €0 | -€100,000 | -100% |
| Financial charges | 65/66B | €5,303 | €12,275 | +€6,972 | +131% |
| Recurring financial charges | 65 | €5,303 | €12,275 | +€6,972 | +131% |
| Profit (loss) for the period before taxes | 9903 | €27,290 | -€50,222 | -€77,512 | |
| Income taxes | 67/77 | €656 | -€131 | -€787 | |
| Profit (loss) for the period | 9904 | €26,634 | -€50,091 | -€76,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,634 | -€50,091 | -€76,725 |
Next steps
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 5 November 2026 via checked.be.