WIT: 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.
WIT
Largest movements
- Receivables within one year -€61,735
down €61,735 (-96.0%), from €64,289 to €2,554
of which Trade receivables: -€59,109
- Cash -€18,248
down €18,248 (-58.2%), from €31,336 to €13,088
mainly Contributions, distributions and other (-€84,352) and Tax, wage and social debts (-€15,561)
- Deferred charges and accrued income -€8,156
down €8,156 (-99.2%), from €8,220 to €64
- Tangible fixed assets -€5,374
down €5,374 (-22.1%), from €24,326 to €18,952
of which Furniture and vehicles: -€2,969
- Reserves -€76,913
down €76,913 (-26.0%), from €295,468 to €218,555
- Tax, wage and social debts -€15,561
down €15,561 (-84.0%), from €18,517 to €2,956
- Trade debts -€7,698
down €7,698 (-72.6%), from €10,607 to €2,910
- Other debts +€7,381
new in 2024: €7,381
- Accrued charges and deferred income -€4,988
no longer reported in 2024 (was €4,988)
- Gross operating margin -€29,965
down €29,965 (-66.2%), from €45,268 to €15,304
- Taxes -€6,702
down €6,702 (-65.0%), from €10,304 to €3,601
- Financial income +€3,304
up €3,304 (+73585.3%), from €4 to €3,308
- Financial charges -€1,539
down €1,539 (-68.2%), from €2,257 to €718
- Depreciation -€688
down €688 (-9.8%), from €7,012 to €6,324
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,779 | €238,002 | -€97,778 | -29.1% |
| Fixed assets | 21/28 | €27,434 | €21,110 | -€6,324 | -23.1% |
| Intangible fixed assets | 21 | €3,108 | €2,158 | -€950 | -30.6% |
| Tangible fixed assets | 22/27 | €24,326 | €18,952 | -€5,374 | -22.1% |
| Plant, machinery and equipment | 23 | €10,571 | €8,333 | -€2,238 | -21.2% |
| Furniture and vehicles | 24 | €12,262 | €9,293 | -€2,969 | -24.2% |
| Other tangible fixed assets | 26 | €1,494 | €1,327 | -€167 | -11.2% |
| Current assets | 29/58 | €308,345 | €216,891 | -€91,454 | -29.7% |
| Amounts receivable within one year | 40/41 | €64,289 | €2,554 | -€61,735 | -96.0% |
| Trade receivables | 40 | €59,109 | - | -€59,109 | |
| Other amounts receivable | 41 | €5,180 | €2,554 | -€2,626 | -50.7% |
| Current investments | 50/53 | €204,500 | €201,185 | -€3,315 | -1.6% |
| Cash at bank and in hand | 54/58 | €31,336 | €13,088 | -€18,248 | -58.2% |
| Deferred charges and accrued income | 490/1 | €8,220 | €64 | -€8,156 | -99.2% |
| Total equity and liabilities | 10/49 | €335,779 | €238,002 | -€97,778 | -29.1% |
| Equity | 10/15 | €301,668 | €224,755 | -€76,913 | -25.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €295,468 | €218,555 | -€76,913 | -26.0% |
| Distributable reserves | 133 | €295,468 | €218,555 | -€76,913 | -26.0% |
| Amounts payable | 17/49 | €34,112 | €13,247 | -€20,865 | -61.2% |
| Amounts payable within one year | 42/48 | €29,124 | €13,247 | -€15,877 | -54.5% |
| Trade debts | 44 | €10,607 | €2,910 | -€7,698 | -72.6% |
| Suppliers | 440/4 | €10,607 | €2,910 | -€7,698 | -72.6% |
| Taxes, remuneration and social security | 45 | €18,517 | €2,956 | -€15,561 | -84.0% |
| Taxes | 450/3 | €18,517 | €2,956 | -€15,561 | -84.0% |
| Other amounts payable | 47/48 | - | €7,381 | +€7,381 | |
| Accrued charges and deferred income | 492/3 | €4,988 | - | -€4,988 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,012 | €6,324 | -€688 | -9.8% |
| Other operating charges | 640/8 | €346 | €530 | +€183 | +53.0% |
| Gross operating margin | 9900 | €45,268 | €15,304 | -€29,965 | -66.2% |
| Operating profit (loss) | 9901 | €37,910 | €8,450 | -€29,460 | -77.7% |
| Financial income | 75/76B | €4 | €3,308 | +€3,304 | +73585.3% |
| Recurring financial income | 75 | €4 | €3,308 | +€3,304 | +73585.3% |
| Financial charges | 65/66B | €2,257 | €718 | -€1,539 | -68.2% |
| Recurring financial charges | 65 | €2,257 | €718 | -€1,539 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €35,657 | €11,040 | -€24,617 | -69.0% |
| Income taxes | 67/77 | €10,304 | €3,601 | -€6,702 | -65.0% |
| Profit (loss) for the period | 9904 | €25,353 | €7,439 | -€17,914 | -70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,353 | €7,439 | -€17,914 | -70.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.