VAN WITTENBERGH: what changed
Two fiscal 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.
VAN WITTENBERGH
Largest movements
- Cash +€54,695
up €54,695 (+93.8%), from €58,333 to €113,028
mainly Net result for the year (+€53,830) and Tax, wage and social debts (+€10,783)
- Tangible fixed assets +€6,595
up €6,595 (+105.9%), from €6,227 to €12,821
- Reserves +€52,830
up €52,830 (+112.4%), from €46,994 to €99,823
- Tax, wage and social debts +€10,783
up €10,783 (+69.9%), from €15,435 to €26,218
- Other debts -€3,157
down €3,157 (-61.4%), from €5,145 to €1,988
- Gross operating margin +€10,220
up €10,220 (+17.1%), from €59,665 to €69,885
- Taxes +€1,840
up €1,840 (+15.6%), from €11,781 to €13,621
- Depreciation +€882
up €882 (+114.1%), from €773 to €1,655
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.
Cash bridge derived
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 | €70,720 | €132,241 | +€61,522 | +87.0% |
| Fixed assets | 21/28 | €6,227 | €12,821 | +€6,595 | +105.9% |
| Tangible fixed assets | 22/27 | €6,227 | €12,821 | +€6,595 | +105.9% |
| Land and buildings | 22 | €6,227 | €12,821 | +€6,595 | +105.9% |
| Current assets | 29/58 | €64,493 | €119,420 | +€54,927 | +85.2% |
| Amounts receivable within one year | 40/41 | €6,160 | €6,392 | +€232 | +3.8% |
| Trade receivables | 40 | €6,160 | €6,392 | +€232 | +3.8% |
| Cash at bank and in hand | 54/58 | €58,333 | €113,028 | +€54,695 | +93.8% |
| Total equity and liabilities | 10/49 | €70,720 | €132,241 | +€61,522 | +87.0% |
| Equity | 10/15 | €49,994 | €103,823 | +€53,830 | +107.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,994 | €99,823 | +€52,830 | +112.4% |
| Distributable reserves | 133 | €46,994 | €99,823 | +€52,830 | +112.4% |
| Profit (loss) carried forward | 14 | - | €1,000 | +€1,000 | |
| Amounts payable | 17/49 | €20,726 | €28,418 | +€7,692 | +37.1% |
| Amounts payable within one year | 42/48 | €20,726 | €28,418 | +€7,692 | +37.1% |
| Trade debts | 44 | €145 | €212 | +€66 | +45.7% |
| Suppliers | 440/4 | €145 | €212 | +€66 | +45.7% |
| Taxes, remuneration and social security | 45 | €15,435 | €26,218 | +€10,783 | +69.9% |
| Taxes | 450/3 | €15,435 | €26,218 | +€10,783 | +69.9% |
| Other amounts payable | 47/48 | €5,145 | €1,988 | -€3,157 | -61.4% |
| Remuneration, social security and pensions | 62 | - | €522 | +€522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €773 | €1,655 | +€882 | +114.1% |
| Other operating charges | 640/8 | €16 | €202 | +€186 | +1149.8% |
| Gross operating margin | 9900 | €59,665 | €69,885 | +€10,220 | +17.1% |
| Operating profit (loss) | 9901 | €58,876 | €67,505 | +€8,630 | +14.7% |
| Financial charges | 65/66B | €101 | €54 | -€47 | -46.5% |
| Recurring financial charges | 65 | €101 | €54 | -€47 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €58,775 | €67,451 | +€8,677 | +14.8% |
| Income taxes | 67/77 | €11,781 | €13,621 | +€1,840 | +15.6% |
| Profit (loss) for the period | 9904 | €46,994 | €53,830 | +€6,836 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,994 | €53,830 | +€6,836 | +14.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.