WIT-TECH: 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-TECH
Largest movements
- Cash +€655,724
up €655,724 (+882.8%), from €74,281 to €730,005
mainly Net result for the year (+€1.4m) and Depreciation (+€211,923)
- Receivables within one year +€601,522
up €601,522 (+28.4%), from €2.1m to €2.7m
of which Other amounts receivable: +€601,637
- Current investments +€392,924
up €392,924 (+24.4%), from €1.6m to €2.0m
- Tangible fixed assets -€211,923
down €211,923 (-5.7%), from €3.7m to €3.5m
- Reserves +€1.4m
up €1.4m (+21.2%), from €6.6m to €8.0m
of which Distributable reserves: +€1.4m
- Financial income +€1.3m
up €1.3m (+503.4%), from €265,925 to €1.6m
- Taxes +€139,708
up €139,708 (+153.9%), from €90,796 to €230,504
- Financial charges +€12,279
up €12,279 (+796.3%), from €1,542 to €13,821
- Other operating charges -€4,342
down €4,342 (-13.1%), from €33,136 to €28,794
- Gross operating margin -€4,090
down €4,090 (-1.4%), from €299,491 to €295,401
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 | €9,074,903 | €10,511,529 | +€1.4m | +15.8% |
| Fixed assets | 21/28 | €5,265,315 | €5,053,392 | -€211,923 | -4.0% |
| Tangible fixed assets | 22/27 | €3,705,315 | €3,493,392 | -€211,923 | -5.7% |
| Land and buildings | 22 | €3,705,315 | €3,493,392 | -€211,923 | -5.7% |
| Financial fixed assets | 28 | €1,560,000 | €1,560,000 | = | 0.0% |
| Current assets | 29/58 | €3,809,588 | €5,458,138 | +€1.6m | +43.3% |
| Amounts receivable within one year | 40/41 | €2,118,443 | €2,719,965 | +€601,522 | +28.4% |
| Trade receivables | 40 | €115 | - | -€115 | |
| Other amounts receivable | 41 | €2,118,328 | €2,719,965 | +€601,637 | +28.4% |
| Current investments | 50/53 | €1,613,589 | €2,006,513 | +€392,924 | +24.4% |
| Cash at bank and in hand | 54/58 | €74,281 | €730,005 | +€655,724 | +882.8% |
| Deferred charges and accrued income | 490/1 | €3,275 | €1,655 | -€1,620 | -49.5% |
| Total equity and liabilities | 10/49 | €9,074,903 | €10,511,529 | +€1.4m | +15.8% |
| Equity | 10/15 | €9,063,966 | €10,478,833 | +€1.4m | +15.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,637,150 | €8,047,150 | +€1.4m | +21.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €6,631,000 | €8,041,000 | +€1.4m | +21.3% |
| Profit (loss) carried forward | 14 | €2,365,316 | €2,370,183 | +€4,867 | +0.2% |
| Amounts payable | 17/49 | €10,937 | €32,696 | +€21,759 | +198.9% |
| Amounts payable within one year | 42/48 | €4,532 | €32,200 | +€27,668 | +610.5% |
| Trade debts | 44 | €28 | €2,089 | +€2,061 | +7359.9% |
| Suppliers | 440/4 | €28 | €2,089 | +€2,061 | +7359.9% |
| Taxes, remuneration and social security | 45 | €593 | €26,177 | +€25,584 | +4314.4% |
| Taxes | 450/3 | €593 | €26,177 | +€25,584 | +4314.4% |
| Other amounts payable | 47/48 | €3,911 | €3,933 | +€22 | +0.6% |
| Accrued charges and deferred income | 492/3 | €6,405 | €496 | -€5,909 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211,923 | €211,923 | +€0 | 0.0% |
| Other operating charges | 640/8 | €33,136 | €28,794 | -€4,342 | -13.1% |
| Gross operating margin | 9900 | €299,491 | €295,401 | -€4,090 | -1.4% |
| Operating profit (loss) | 9901 | €54,432 | €54,684 | +€252 | +0.5% |
| Financial income | 75/76B | €265,925 | €1,604,508 | +€1.3m | +503.4% |
| Recurring financial income | 75 | €265,925 | €1,604,508 | +€1.3m | +503.4% |
| Financial charges | 65/66B | €1,542 | €13,821 | +€12,279 | +796.3% |
| Recurring financial charges | 65 | €1,542 | €13,821 | +€12,279 | +796.3% |
| Profit (loss) for the period before taxes | 9903 | €318,815 | €1,645,371 | +€1.3m | +416.1% |
| Income taxes | 67/77 | €90,796 | €230,504 | +€139,708 | +153.9% |
| Profit (loss) for the period | 9904 | €228,019 | €1,414,868 | +€1.2m | +520.5% |
| Profit (loss) for the period to be appropriated | 9905 | €228,019 | €1,414,868 | +€1.2m | +520.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.