WITBOS: 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.
What changed
WITBOS
NACE 93.110, Operation of sports facilities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€107,874
2024 · €49,668+€58,206
Equity
€830,652
2024 · €722,778+€107,874
Cash
€506,428
2024 · €510,046-€3,618
Balance sheet total
€4.0m
2024 · €3.9m+€107,887
Largest movements
Assets
- Receivables within one year +€195,036
up €195,036 (+52.8%), from €369,052 to €564,088
of which Trade receivables: +€186,582
- Tangible fixed assets -€64,338
down €64,338 (-3.4%), from €1.9m to €1.8m
of which Land and buildings: -€63,387
Equity and liabilities
- Profit (loss) carried forward +€107,874
up €107,874 (+20.8%), from €517,463 to €625,337
- Tax, wage and social debts -€77,881
down €77,881 (-86.2%), from €90,368 to €12,487
of which Taxes: -€81,506
- Accrued charges and deferred income +€68,688
up €68,688 (+9.7%), from €710,935 to €779,623
Income statement
- Gross operating margin +€44,919
up €44,919 (+16.0%), from €280,715 to €325,633
- Financial charges -€33,600
down €33,600 (-31.0%), from €108,324 to €74,724
- Taxes +€18,896
up €18,896 (+108.2%), from €17,460 to €36,356
- Financial income -€15,970
down €15,970 (-43.3%), from €36,921 to €20,951
- Staff costs -€7,624
down €7,624 (-35.3%), from €21,626 to €14,003
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.
Result 2024
€49,668
Gross operating margin
+€44,919
Staff costs
+€7,624
Depreciation
+€5,095
Write-downs
+€3,159
Other operating charges
-€1,323
Financial income
-€15,970
Financial charges
+€33,600
Taxes
-€18,896
Result 2025
€107,874
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.
From operations
+€51,925
Investment
-€39,406
Financing
-€16,137
Cash 2024
€510,046
From operations (derived)
+€51,925
Net result for the year
+€107,874
Depreciation
+€103,744
Stocks and contracts
-€3,635
Receivables within one year
-€195,036
Deferred charges and accrued income
+€22,828
Trade debts
+€25,568
Tax, wage and social debts
-€77,881
Other debts
-€226
Accrued charges and deferred income
+€68,688
Investment (derived)
-€39,406
Investment in fixed assets (net)
-€39,406
Financing
-€16,137
Debts after one year
-€3,206
Current portion of long-term debt
-€12,931
Cash 2025
€506,428
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,906,663 | €4,014,549 | +€107,887 | +2.8% |
| Fixed assets | 21/28 | €1,887,575 | €1,823,237 | -€64,338 | -3.4% |
| Tangible fixed assets | 22/27 | €1,887,575 | €1,823,237 | -€64,338 | -3.4% |
| Land and buildings | 22 | €1,784,262 | €1,720,874 | -€63,387 | -3.6% |
| Plant, machinery and equipment | 23 | €69,250 | €86,338 | +€17,088 | +24.7% |
| Furniture and vehicles | 24 | €24,063 | €14,024 | -€10,039 | -41.7% |
| Leasing and similar rights | 25 | €10,000 | €2,000 | -€8,000 | -80.0% |
| Current assets | 29/58 | €2,019,088 | €2,191,313 | +€172,225 | +8.5% |
| Stocks and contracts in progress | 3 | €3,976 | €7,611 | +€3,635 | +91.4% |
| Stocks | 30/36 | €3,976 | €7,611 | +€3,635 | +91.4% |
| Amounts receivable within one year | 40/41 | €369,052 | €564,088 | +€195,036 | +52.8% |
| Trade receivables | 40 | €368,832 | €555,413 | +€186,582 | +50.6% |
| Other amounts receivable | 41 | €220 | €8,675 | +€8,455 | +3837.7% |
| Current investments | 50/53 | €1,100,000 | €1,100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €510,046 | €506,428 | -€3,618 | -0.7% |
| Deferred charges and accrued income | 490/1 | €36,015 | €13,187 | -€22,828 | -63.4% |
| Total equity and liabilities | 10/49 | €3,906,663 | €4,014,549 | +€107,887 | +2.8% |
| Equity | 10/15 | €722,778 | €830,652 | +€107,874 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €517,463 | €625,337 | +€107,874 | +20.8% |
| Investment grants | 15 | €197,255 | €197,255 | = | 0.0% |
| Provisions and deferred taxes | 16 | €65,752 | €65,752 | = | 0.0% |
| Deferred taxes | 168 | €65,752 | €65,752 | = | 0.0% |
| Amounts payable | 17/49 | €3,118,133 | €3,118,146 | +€13 | 0.0% |
| Amounts payable after more than one year | 17 | €3,206 | - | -€3,206 | |
| Financial debts | 170/4 | €3,206 | - | -€3,206 | |
| Amounts payable within one year | 42/48 | €2,403,993 | €2,338,524 | -€65,469 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €16,172 | €3,241 | -€12,931 | -80.0% |
| Financial debts | 43 | €2,200,000 | €2,200,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,200,000 | €2,200,000 | = | 0.0% |
| Trade debts | 44 | €33,657 | €59,226 | +€25,568 | +76.0% |
| Suppliers | 440/4 | €33,657 | €59,226 | +€25,568 | +76.0% |
| Taxes, remuneration and social security | 45 | €90,368 | €12,487 | -€77,881 | -86.2% |
| Taxes | 450/3 | €85,791 | €4,285 | -€81,506 | -95.0% |
| Remuneration and social security | 454/9 | €4,577 | €8,202 | +€3,625 | +79.2% |
| Other amounts payable | 47/48 | €63,795 | €63,570 | -€226 | -0.4% |
| Accrued charges and deferred income | 492/3 | €710,935 | €779,623 | +€68,688 | +9.7% |
| Remuneration, social security and pensions | 62 | €21,626 | €14,003 | -€7,624 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,839 | €103,744 | -€5,095 | -4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,159 | - | -€3,159 | |
| Other operating charges | 640/8 | €8,559 | €9,883 | +€1,323 | +15.5% |
| Gross operating margin | 9900 | €280,715 | €325,633 | +€44,919 | +16.0% |
| Operating profit (loss) | 9901 | €138,531 | €198,004 | +€59,473 | +42.9% |
| Financial income | 75/76B | €36,921 | €20,951 | -€15,970 | -43.3% |
| Recurring financial income | 75 | €36,921 | €20,951 | -€15,970 | -43.3% |
| Financial charges | 65/66B | €108,324 | €74,724 | -€33,600 | -31.0% |
| Recurring financial charges | 65 | €108,324 | €74,724 | -€33,600 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €67,128 | €144,230 | +€77,102 | +114.9% |
| Income taxes | 67/77 | €17,460 | €36,356 | +€18,896 | +108.2% |
| Profit (loss) for the period | 9904 | €49,668 | €107,874 | +€58,206 | +117.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,668 | €107,874 | +€58,206 | +117.2% |
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 7 October 2026 via checked.be.