Vastgoed De Witte: 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.
Vastgoed De Witte
Largest movements
- Receivables within one year -€66,340
down €66,340 (-91.5%), from €72,487 to €6,147
of which Other amounts receivable: -€66,340
- Tangible fixed assets -€64,813
down €64,813 (-6.5%), from €1.0m to €938,609
of which Land and buildings: -€64,813
- Cash +€62,156
up €62,156 (+308%), from €20,183 to €82,339
mainly Receivables within one year (+€66,340) and Depreciation (+€65,072)
- Debts after one year -€40,017
down €40,017 (-13.5%), from €297,364 to €257,347
- Other debts -€28,203
down €28,203 (-4.8%), from €586,705 to €558,502
- Gross operating margin -€10,922
down €10,922 (-11.9%), from €92,059 to €81,137
- Depreciation -€8,433
down €8,433 (-11.5%), from €73,505 to €65,072
- Financial income +€1,789
new in 2025: €1,789
- Financial charges -€1,132
down €1,132 (-16.2%), from €6,967 to €5,835
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 | €1,097,740 | €1,032,370 | -€65,370 | -6.0% |
| Fixed assets | 21/28 | €1,003,422 | €938,609 | -€64,813 | -6.5% |
| Tangible fixed assets | 22/27 | €1,003,422 | €938,609 | -€64,813 | -6.5% |
| Land and buildings | 22 | €1,003,422 | €938,609 | -€64,813 | -6.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €94,318 | €93,761 | -€557 | -0.6% |
| Amounts receivable within one year | 40/41 | €72,487 | €6,147 | -€66,340 | -91.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €72,487 | €6,147 | -€66,340 | -91.5% |
| Cash at bank and in hand | 54/58 | €20,183 | €82,339 | +€62,156 | +308% |
| Deferred charges and accrued income | 490/1 | €1,648 | €5,275 | +€3,627 | +220% |
| Total equity and liabilities | 10/49 | €1,097,740 | €1,032,370 | -€65,370 | -6.0% |
| Equity | 10/15 | €154,518 | €153,450 | -€1,068 | -0.7% |
| Contributions | 10/11 | €3,723 | €3,723 | = | 0.0% |
| Reserves | 13 | €150,785 | €150,785 | = | 0.0% |
| Distributable reserves | 133 | €150,785 | €150,785 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10 | -€1,057 | -€1,068 | |
| Amounts payable | 17/49 | €943,222 | €878,920 | -€64,302 | -6.8% |
| Amounts payable after more than one year | 17 | €297,364 | €257,347 | -€40,017 | -13.5% |
| Financial debts | 170/4 | €297,364 | €257,347 | -€40,017 | -13.5% |
| Amounts payable within one year | 42/48 | €627,007 | €603,024 | -€23,983 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €39,058 | €40,017 | +€959 | +2.5% |
| Financial debts | 43 | €255 | €255 | = | 0.0% |
| Credit institutions | 430/8 | €255 | €255 | = | 0.0% |
| Trade debts | 44 | €989 | €4,250 | +€3,261 | +330% |
| Suppliers | 440/4 | €989 | €4,250 | +€3,261 | +330% |
| Other amounts payable | 47/48 | €586,705 | €558,502 | -€28,203 | -4.8% |
| Accrued charges and deferred income | 492/3 | €18,851 | €18,549 | -€302 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,505 | €65,072 | -€8,433 | -11.5% |
| Other operating charges | 640/8 | €10,969 | €11,395 | +€426 | +3.9% |
| Gross operating margin | 9900 | €92,059 | €81,137 | -€10,922 | -11.9% |
| Operating profit (loss) | 9901 | €7,586 | €4,670 | -€2,916 | -38.4% |
| Financial income | 75/76B | - | €1,789 | +€1,789 | |
| Recurring financial income | 75 | - | €1,789 | +€1,789 | |
| Financial charges | 65/66B | €6,967 | €5,835 | -€1,132 | -16.2% |
| Recurring financial charges | 65 | €6,967 | €5,835 | -€1,132 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €619 | €625 | +€6 | +0.9% |
| Income taxes | 67/77 | €1,209 | €1,693 | +€484 | +40.0% |
| Profit (loss) for the period | 9904 | -€590 | -€1,068 | -€478 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€590 | -€1,068 | -€478 | -81.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.