't WITTE GOUD: what changed
What changed
't WITTE GOUD
NACE 56.220, Contract catering and other food service activities
filed annual accounts (NBB)
Net result for the year
€32,818
2024 · €45,784-€12,965
Equity
€155,114
2024 · €122,296+€32,818
Cash
€200,340
2024 · €111,873+€88,467
Balance sheet total
€575,853
2024 · €492,547+€83,306
Largest movements
Assets
- Cash +€88,467
up €88,467 (+79.1%), from €111,873 to €200,340
mainly Other debts (+€98,790) and Net result for the year (+€32,818)
- Deferred charges and accrued income -€17,805
no longer reported in 2025 (was €17,805)
- Current investments +€12,000
up €12,000 (+6.7%), from €178,214 to €190,214
Equity and liabilities
- Other debts +€98,790
up €98,790 (+257%), from €38,509 to €137,299
- Accrued charges and deferred income -€40,558
down €40,558 (-28.5%), from €142,152 to €101,594
- Reserves +€32,818
up €32,818 (+26.8%), from €122,296 to €155,114
of which Distributable reserves: +€32,818
- Debts after one year -€25,074
down €25,074 (-19.3%), from €129,597 to €104,523
- Trade debts +€21,984
new in 2025: €21,984
Income statement
- Gross operating margin -€53,014
down €53,014 (-19.0%), from €279,226 to €226,213
- Financial charges -€37,783
down €37,783 (-31.4%), from €120,390 to €82,607
- Staff costs -€9,858
down €9,858 (-11.9%), from €82,875 to €73,017
- Financial income -€5,911
down €5,911 (-78.6%), from €7,523 to €1,612
- Depreciation +€4,572
up €4,572 (+24.6%), from €18,567 to €23,139
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
€45,784
Gross operating margin
-€53,014
Staff costs
+€9,858
Depreciation
-€4,572
Other operating charges
+€16
Financial income
-€5,911
Financial charges
+€37,783
Taxes
+€2,875
Result 2025
€32,818
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
+€148,834
Investment
-€35,918
Financing
-€24,450
Cash 2024
€111,873
From operations (derived)
+€148,834
Net result for the year
+€32,818
Depreciation
+€23,139
Receivables within one year
+€134
Deferred charges and accrued income
+€17,805
Trade debts
+€21,984
Tax, wage and social debts
-€5,279
Other debts
+€98,790
Accrued charges and deferred income
-€40,558
Investment (derived)
-€35,918
Investment in fixed assets (net)
-€23,918
Current investments
-€12,000
Financing
-€24,450
Debts after one year
-€25,074
Current portion of long-term debt
+€624
Cash 2025
€200,340
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €492,547 | €575,853 | +€83,306 | +16.9% |
| Fixed assets | 21/28 | €87,789 | €88,569 | +€779 | +0.9% |
| Tangible fixed assets | 22/27 | €87,789 | €88,569 | +€779 | +0.9% |
| Land and buildings | 22 | €7,941 | €5,143 | -€2,797 | -35.2% |
| Plant, machinery and equipment | 23 | €25,790 | €42,045 | +€16,256 | +63.0% |
| Furniture and vehicles | 24 | €54,059 | €41,380 | -€12,679 | -23.5% |
| Current assets | 29/58 | €404,758 | €487,285 | +€82,527 | +20.4% |
| Amounts receivable after more than one year | 29 | €96,731 | €96,731 | = | 0.0% |
| Other amounts receivable | 291 | €96,731 | €96,731 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €134 | - | -€134 | |
| Other amounts receivable | 41 | €134 | - | -€134 | |
| Current investments | 50/53 | €178,214 | €190,214 | +€12,000 | +6.7% |
| Cash at bank and in hand | 54/58 | €111,873 | €200,340 | +€88,467 | +79.1% |
| Deferred charges and accrued income | 490/1 | €17,805 | - | -€17,805 | |
| Total equity and liabilities | 10/49 | €492,547 | €575,853 | +€83,306 | +16.9% |
| Equity | 10/15 | €122,296 | €155,114 | +€32,818 | +26.8% |
| Reserves | 13 | €122,296 | €155,114 | +€32,818 | +26.8% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €118,796 | €151,614 | +€32,818 | +27.6% |
| Amounts payable | 17/49 | €370,251 | €420,739 | +€50,488 | +13.6% |
| Amounts payable after more than one year | 17 | €129,597 | €104,523 | -€25,074 | -19.3% |
| Financial debts | 170/4 | €129,597 | €104,523 | -€25,074 | -19.3% |
| Amounts payable within one year | 42/48 | €98,502 | €214,622 | +€116,120 | +118% |
| Current portion of amounts payable after more than one year | 42 | €24,450 | €25,074 | +€624 | +2.6% |
| Trade debts | 44 | - | €21,984 | +€21,984 | |
| Suppliers | 440/4 | - | €21,984 | +€21,984 | |
| Taxes, remuneration and social security | 45 | €35,543 | €30,264 | -€5,279 | -14.9% |
| Taxes | 450/3 | €24,570 | €19,947 | -€4,622 | -18.8% |
| Remuneration and social security | 454/9 | €10,973 | €10,317 | -€656 | -6.0% |
| Other amounts payable | 47/48 | €38,509 | €137,299 | +€98,790 | +257% |
| Accrued charges and deferred income | 492/3 | €142,152 | €101,594 | -€40,558 | -28.5% |
| Remuneration, social security and pensions | 62 | €82,875 | €73,017 | -€9,858 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,567 | €23,139 | +€4,572 | +24.6% |
| Other operating charges | 640/8 | €136 | €120 | -€16 | -11.6% |
| Gross operating margin | 9900 | €279,226 | €226,213 | -€53,014 | -19.0% |
| Operating profit (loss) | 9901 | €177,649 | €129,937 | -€47,712 | -26.9% |
| Financial income | 75/76B | €7,523 | €1,612 | -€5,911 | -78.6% |
| Recurring financial income | 75 | €7,523 | €1,612 | -€5,911 | -78.6% |
| Financial charges | 65/66B | €120,390 | €82,607 | -€37,783 | -31.4% |
| Recurring financial charges | 65 | €120,390 | €82,607 | -€37,783 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €64,782 | €48,941 | -€15,840 | -24.5% |
| Income taxes | 67/77 | €18,998 | €16,123 | -€2,875 | -15.1% |
| Profit (loss) for the period | 9904 | €45,784 | €32,818 | -€12,965 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,784 | €32,818 | -€12,965 | -28.3% |
Next steps
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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 6 November 2026 via checked.be.