Petrus Wittebrood: 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
Petrus Wittebrood
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€114,528
2024 · €118,007-€3,479
Equity
€1.4m
2024 · €1.3m+€100,944
Cash
€5,267
2024 · €2,328+€2,939
Balance sheet total
€1.6m
2024 · €1.6m+€55,775
Largest movements
Assets
- Tangible fixed assets +€136,847
up €136,847 (+9.4%), from €1.5m to €1.6m
of which Assets under construction and advance payments: +€204,674
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
Equity and liabilities
- Reserves +€100,944
up €100,944 (+15.0%), from €670,916 to €771,861
of which Distributable reserves: +€102,119
- Debts after one year -€44,445
down €44,445 (-63.2%), from €70,370 to €25,925
of which Financial debts: -€44,445
- Trade debts -€27,545
down €27,545 (-40.5%), from €67,953 to €40,408
- Short-term financial debts +€25,250
up €25,250 (+102%), from €24,750 to €50,000
Income statement
- Depreciation +€3,839
up €3,839 (+5.1%), from €74,595 to €78,434
- Financial charges -€3,449
down €3,449 (-29.3%), from €11,784 to €8,334
- Gross operating margin -€2,728
down €2,728 (-1.0%), from €260,868 to €258,140
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
€118,007
Gross operating margin
-€2,728
Depreciation
-€3,839
Other operating charges
+€1,835
Financial income
-€1,985
Financial charges
+€3,449
Taxes
-€212
Result 2025
€114,528
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
+€150,998
Investment
-€115,281
Financing
-€32,778
Cash 2024
€2,328
From operations (derived)
+€150,998
Net result for the year
+€114,528
Depreciation
+€78,434
Receivables within one year
-€16,485
Deferred charges and accrued income
+€496
Provisions
-€605
Trade debts
-€27,545
Tax, wage and social debts
+€8,312
Advances received
-€2,162
Accrued charges and deferred income
-€3,974
Investment (derived)
-€115,281
Investment in fixed assets (net)
-€215,281
Current investments
+€100,000
Financing
-€32,778
Debts after one year
-€44,445
Short-term financial debts
+€25,250
Contributions, distributions and other
-€13,584
Cash 2025
€5,267
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,593,743 | €1,649,518 | +€55,775 | +3.5% |
| Fixed assets | 21/28 | €1,465,006 | €1,601,853 | +€136,847 | +9.3% |
| Tangible fixed assets | 22/27 | €1,462,864 | €1,599,711 | +€136,847 | +9.4% |
| Land and buildings | 22 | €1,205,764 | €1,166,599 | -€39,165 | -3.2% |
| Plant, machinery and equipment | 23 | €43,514 | €23,381 | -€20,133 | -46.3% |
| Furniture and vehicles | 24 | €21,019 | €23,069 | +€2,050 | +9.8% |
| Other tangible fixed assets | 26 | €49,845 | €39,266 | -€10,579 | -21.2% |
| Assets under construction and advance payments | 27 | €142,722 | €347,396 | +€204,674 | +143% |
| Financial fixed assets | 28 | €2,142 | €2,142 | = | 0.0% |
| Current assets | 29/58 | €128,737 | €47,665 | -€81,072 | -63.0% |
| Amounts receivable after more than one year | 29 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,586 | €31,071 | +€16,485 | +113% |
| Trade receivables | 40 | €2,676 | €1,833 | -€843 | -31.5% |
| Other amounts receivable | 41 | €11,911 | €29,238 | +€17,328 | +145% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €2,328 | €5,267 | +€2,939 | +126% |
| Deferred charges and accrued income | 490/1 | €10,823 | €10,327 | -€496 | -4.6% |
| Total equity and liabilities | 10/49 | €1,593,743 | €1,649,518 | +€55,775 | +3.5% |
| Equity | 10/15 | €1,327,513 | €1,428,457 | +€100,944 | +7.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €670,916 | €771,861 | +€100,944 | +15.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €86,794 | €85,619 | -€1,175 | -1.4% |
| Distributable reserves | 133 | €584,122 | €686,241 | +€102,119 | +17.5% |
| Profit (loss) carried forward | 14 | €406,596 | €406,596 | = | 0.0% |
| Provisions and deferred taxes | 16 | €23,728 | €23,123 | -€605 | -2.5% |
| Provisions for liabilities and charges | 160/5 | €8,000 | €8,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €8,000 | €8,000 | = | 0.0% |
| Deferred taxes | 168 | €15,728 | €15,123 | -€605 | -3.8% |
| Amounts payable | 17/49 | €242,503 | €197,938 | -€44,564 | -18.4% |
| Amounts payable after more than one year | 17 | €70,370 | €25,925 | -€44,445 | -63.2% |
| Financial debts | 170/4 | €70,370 | €25,925 | -€44,445 | -63.2% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €165,842 | €169,697 | +€3,855 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €44,445 | €44,445 | = | 0.0% |
| Financial debts | 43 | €24,750 | €50,000 | +€25,250 | +102% |
| Credit institutions | 430/8 | €24,750 | €50,000 | +€25,250 | +102% |
| Trade debts | 44 | €67,953 | €40,408 | -€27,545 | -40.5% |
| Suppliers | 440/4 | €67,953 | €40,408 | -€27,545 | -40.5% |
| Advances received on contracts in progress | 46 | €9,904 | €7,742 | -€2,162 | -21.8% |
| Taxes, remuneration and social security | 45 | €18,790 | €27,102 | +€8,312 | +44.2% |
| Taxes | 450/3 | €18,790 | €27,102 | +€8,312 | +44.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,291 | €2,316 | -€3,974 | -63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,595 | €78,434 | +€3,839 | +5.1% |
| Other operating charges | 640/8 | €10,425 | €8,589 | -€1,835 | -17.6% |
| Gross operating margin | 9900 | €260,868 | €258,140 | -€2,728 | -1.0% |
| Operating profit (loss) | 9901 | €175,849 | €171,117 | -€4,732 | -2.7% |
| Financial income | 75/76B | €2,850 | €865 | -€1,985 | -69.7% |
| Recurring financial income | 75 | €2,850 | €865 | -€1,985 | -69.7% |
| Financial charges | 65/66B | €11,784 | €8,334 | -€3,449 | -29.3% |
| Recurring financial charges | 65 | €11,784 | €8,334 | -€3,449 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €166,915 | €163,647 | -€3,267 | -2.0% |
| Transfer from deferred taxes | 780 | €605 | €605 | = | 0.0% |
| Income taxes | 67/77 | €49,513 | €49,724 | +€212 | +0.4% |
| Profit (loss) for the period | 9904 | €118,007 | €114,528 | -€3,479 | -2.9% |
| Transfer from tax-exempt reserves | 789 | €1,175 | €1,175 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,182 | €115,703 | -€3,479 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.