TER 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.
TER WIT
Largest movements
- Receivables within one year -€36,925
down €36,925 (-20.8%), from €177,129 to €140,204
of which Trade receivables: -€37,683
- Stocks and contracts -€23,100
down €23,100 (-35.8%), from €64,500 to €41,400
- Tangible fixed assets -€14,952
down €14,952 (-21.3%), from €70,097 to €55,144
of which Plant, machinery and equipment: -€10,802
- Profit (loss) carried forward -€89,992
down €89,992 (-23.1%), from -€390,344 to -€480,337
- Other debts +€26,650
up €26,650 (+10.7%), from €248,908 to €275,558
- Debts after one year -€24,473
down €24,473 (-16.4%), from €149,109 to €124,636
- Trade debts +€9,491
up €9,491 (+3.9%), from €244,026 to €253,517
- Staff costs -€35,209
down €35,209 (-22.7%), from €155,407 to €120,198
- Gross operating margin -€18,667
down €18,667 (-26.9%), from €69,287 to €50,620
- Financial income -€9,064
down €9,064 (-90.0%), from €10,076 to €1,012
of which Non-recurring financial income: -€10,054
- Financial charges -€758
down €758 (-13.4%), from €5,657 to €4,899
- Other operating charges -€713
down €713 (-40.0%), from €1,782 to €1,069
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 | €313,560 | €238,295 | -€75,265 | -24.0% |
| Fixed assets | 21/28 | €70,097 | €55,144 | -€14,952 | -21.3% |
| Tangible fixed assets | 22/27 | €70,097 | €55,144 | -€14,952 | -21.3% |
| Land and buildings | 22 | €3,783 | €3,277 | -€506 | -13.4% |
| Plant, machinery and equipment | 23 | €56,947 | €46,146 | -€10,802 | -19.0% |
| Furniture and vehicles | 24 | €9,366 | €5,721 | -€3,645 | -38.9% |
| Current assets | 29/58 | €243,464 | €183,151 | -€60,313 | -24.8% |
| Stocks and contracts in progress | 3 | €64,500 | €41,400 | -€23,100 | -35.8% |
| Stocks | 30/36 | €64,500 | €41,400 | -€23,100 | -35.8% |
| Amounts receivable within one year | 40/41 | €177,129 | €140,204 | -€36,925 | -20.8% |
| Trade receivables | 40 | €176,541 | €138,859 | -€37,683 | -21.3% |
| Other amounts receivable | 41 | €588 | €1,346 | +€758 | +129% |
| Cash at bank and in hand | 54/58 | €454 | €1,163 | +€709 | +156% |
| Deferred charges and accrued income | 490/1 | €1,381 | €384 | -€997 | -72.2% |
| Total equity and liabilities | 10/49 | €313,560 | €238,295 | -€75,265 | -24.0% |
| Equity | 10/15 | -€370,470 | -€459,956 | -€89,486 | -24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,275 | €1,781 | +€506 | +39.7% |
| Tax-exempt reserves | 132 | €1,275 | €1,781 | +€506 | +39.7% |
| Profit (loss) carried forward | 14 | -€390,344 | -€480,337 | -€89,992 | -23.1% |
| Amounts payable | 17/49 | €684,030 | €698,251 | +€14,221 | +2.1% |
| Amounts payable after more than one year | 17 | €149,109 | €124,636 | -€24,473 | -16.4% |
| Financial debts | 170/4 | €149,109 | €124,636 | -€24,473 | -16.4% |
| Amounts payable within one year | 42/48 | €534,921 | €573,615 | +€38,694 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €23,759 | €24,473 | +€714 | +3.0% |
| Financial debts | 43 | €313 | €546 | +€233 | +74.3% |
| Credit institutions | 430/8 | €313 | €546 | +€233 | +74.3% |
| Trade debts | 44 | €244,026 | €253,517 | +€9,491 | +3.9% |
| Suppliers | 440/4 | €244,026 | €253,517 | +€9,491 | +3.9% |
| Taxes, remuneration and social security | 45 | €17,914 | €19,521 | +€1,607 | +9.0% |
| Taxes | 450/3 | €1,650 | €4,019 | +€2,369 | +144% |
| Remuneration and social security | 454/9 | €16,264 | €15,502 | -€762 | -4.7% |
| Other amounts payable | 47/48 | €248,908 | €275,558 | +€26,650 | +10.7% |
| Remuneration, social security and pensions | 62 | €155,407 | €120,198 | -€35,209 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,002 | €14,952 | -€49 | -0.3% |
| Other operating charges | 640/8 | €1,782 | €1,069 | -€713 | -40.0% |
| Gross operating margin | 9900 | €69,287 | €50,620 | -€18,667 | -26.9% |
| Operating profit (loss) | 9901 | -€102,904 | -€85,599 | +€17,304 | +16.8% |
| Financial income | 75/76B | €10,076 | €1,012 | -€9,064 | -90.0% |
| Recurring financial income | 75 | €21 | €1,012 | +€991 | +4,693% |
| Non-recurring financial income | 76B | €10,054 | - | -€10,054 | |
| Financial charges | 65/66B | €5,657 | €4,899 | -€758 | -13.4% |
| Recurring financial charges | 65 | €5,657 | €4,899 | -€758 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€98,485 | -€89,486 | +€8,999 | +9.1% |
| Profit (loss) for the period | 9904 | -€98,485 | -€89,486 | +€8,999 | +9.1% |
| Transfer to tax-exempt reserves | 689 | €506 | €506 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,991 | -€89,992 | +€8,999 | +9.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.