WITBOSCH: 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.
WITBOSCH
Largest movements
- Receivables within one year -€9,300
down €9,300 (-54.8%), from €16,986 to €7,686
of which Trade receivables: -€8,332
- Stocks and contracts +€6,190
up €6,190 (+7.2%), from €86,475 to €92,665
- Intangible fixed assets -€2,806
down €2,806 (-82.7%), from €3,394 to €588
- Cash -€1,106
down €1,106 (-76.9%), from €1,438 to €332
mainly Net result for the year (-€10,702) and Stocks and contracts (-€6,190)
- Profit (loss) carried forward -€10,702
down €10,702 (-26.9%), from -€39,725 to -€50,427
- Other debts -€5,096
down €5,096 (-99.9%), from €5,101 to €5
- Trade debts +€4,994
up €4,994 (+15.8%), from €31,578 to €36,572
- Short-term financial debts +€3,999
new in 2025: €3,999
- Gross operating margin -€13,883
down €13,883, from €7,905 to -€5,977
- Depreciation -€833
down €833 (-20.1%), from €4,144 to €3,310
- Other operating charges -€387
down €387 (-79.5%), from €487 to €100
- Staff costs +€261
up €261 (+28.7%), from €910 to €1,171
- Financial charges +€108
up €108 (+224%), from €48 to €156
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 | €108,797 | €101,271 | -€7,526 | -6.9% |
| Fixed assets | 21/28 | €3,898 | €588 | -€3,310 | -84.9% |
| Intangible fixed assets | 21 | €3,394 | €588 | -€2,806 | -82.7% |
| Tangible fixed assets | 22/27 | €504 | - | -€504 | |
| Furniture and vehicles | 24 | €504 | - | -€504 | |
| Current assets | 29/58 | €104,899 | €100,683 | -€4,216 | -4.0% |
| Stocks and contracts in progress | 3 | €86,475 | €92,665 | +€6,190 | +7.2% |
| Stocks | 30/36 | €86,475 | €92,665 | +€6,190 | +7.2% |
| Amounts receivable within one year | 40/41 | €16,986 | €7,686 | -€9,300 | -54.8% |
| Trade receivables | 40 | €9,482 | €1,150 | -€8,332 | -87.9% |
| Other amounts receivable | 41 | €7,504 | €6,536 | -€968 | -12.9% |
| Cash at bank and in hand | 54/58 | €1,438 | €332 | -€1,106 | -76.9% |
| Total equity and liabilities | 10/49 | €108,797 | €101,271 | -€7,526 | -6.9% |
| Equity | 10/15 | €18,335 | €7,633 | -€10,702 | -58.4% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 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 | -€39,725 | -€50,427 | -€10,702 | -26.9% |
| Amounts payable | 17/49 | €90,462 | €93,638 | +€3,176 | +3.5% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,462 | €43,638 | +€3,176 | +7.8% |
| Financial debts | 43 | - | €3,999 | +€3,999 | |
| Credit institutions | 430/8 | - | €3,999 | +€3,999 | |
| Trade debts | 44 | €31,578 | €36,572 | +€4,994 | +15.8% |
| Suppliers | 440/4 | €31,578 | €36,572 | +€4,994 | +15.8% |
| Taxes, remuneration and social security | 45 | €3,782 | €3,062 | -€720 | -19.0% |
| Taxes | 450/3 | €3,782 | €3,062 | -€720 | -19.0% |
| Other amounts payable | 47/48 | €5,101 | €5 | -€5,096 | -99.9% |
| Remuneration, social security and pensions | 62 | €910 | €1,171 | +€261 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,144 | €3,310 | -€833 | -20.1% |
| Other operating charges | 640/8 | €487 | €100 | -€387 | -79.5% |
| Gross operating margin | 9900 | €7,905 | -€5,977 | -€13,883 | |
| Operating profit (loss) | 9901 | €2,365 | -€10,559 | -€12,923 | |
| Financial income | 75/76B | €5 | €13 | +€7 | +148% |
| Recurring financial income | 75 | €5 | €13 | +€7 | +148% |
| Financial charges | 65/66B | €48 | €156 | +€108 | +224% |
| Recurring financial charges | 65 | €48 | €156 | +€108 | +224% |
| Profit (loss) for the period before taxes | 9903 | €2,321 | -€10,702 | -€13,024 | |
| Profit (loss) for the period | 9904 | €2,321 | -€10,702 | -€13,024 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,321 | -€10,702 | -€13,024 |
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 16 October 2026 via checked.be.