WITEC: 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.
WITEC
Largest movements
- Receivables within one year +€5,276
up €5,276 (+16.5%), from €32,033 to €37,309
of which Other amounts receivable: +€3,589
- Tangible fixed assets -€888
down €888 (-28.3%), from €3,137 to €2,249
of which Furniture and vehicles: -€3,137
- Financial fixed assets +€800
new in 2025: €800
- Cash -€430
down €430 (-95.8%), from €449 to €19
mainly Other debts (-€6,750) and Receivables within one year (-€5,276)
- Other debts -€6,750
no longer reported in 2025 (was €6,750)
- Profit (loss) carried forward +€6,102
up €6,102 (+27.1%), from €22,487 to €28,589
- Trade debts +€4,847
new in 2025: €4,847
- Tax, wage and social debts +€558
up €558 (+9.5%), from €5,882 to €6,440
- Turnover -€105,644
no longer reported in 2025 (was €105,644)
- Purchases and services -€72,500
no longer reported in 2025 (was €72,500)
- Gross operating margin -€12,129
down €12,129 (-36.6%), from €33,144 to €21,015
- Staff costs +€6,611
up €6,611 (+297.1%), from €2,225 to €8,836
- Taxes -€3,441
down €3,441 (-61.5%), from €5,600 to €2,159
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 | €35,619 | €40,376 | +€4,757 | +13.4% |
| Fixed assets | 21/28 | €3,137 | €3,049 | -€88 | -2.8% |
| Tangible fixed assets | 22/27 | €3,137 | €2,249 | -€888 | -28.3% |
| Plant, machinery and equipment | 23 | - | €2,249 | +€2,249 | |
| Furniture and vehicles | 24 | €3,137 | - | -€3,137 | |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €32,482 | €37,327 | +€4,846 | +14.9% |
| Amounts receivable within one year | 40/41 | €32,033 | €37,309 | +€5,276 | +16.5% |
| Trade receivables | 40 | €32,033 | €33,719 | +€1,687 | +5.3% |
| Other amounts receivable | 41 | - | €3,589 | +€3,589 | |
| Cash at bank and in hand | 54/58 | €449 | €19 | -€430 | -95.8% |
| Total equity and liabilities | 10/49 | €35,619 | €40,376 | +€4,757 | +13.4% |
| Equity | 10/15 | €22,987 | €29,089 | +€6,102 | +26.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Outside capital | 11 | €500 | €500 | = | 0.0% |
| Other | 1109/19 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,487 | €28,589 | +€6,102 | +27.1% |
| Amounts payable | 17/49 | €12,632 | €11,287 | -€1,345 | -10.6% |
| Amounts payable within one year | 42/48 | €12,632 | €11,287 | -€1,345 | -10.6% |
| Trade debts | 44 | - | €4,847 | +€4,847 | |
| Suppliers | 440/4 | - | €4,847 | +€4,847 | |
| Taxes, remuneration and social security | 45 | €5,882 | €6,440 | +€558 | +9.5% |
| Taxes | 450/3 | €5,882 | €6,440 | +€558 | +9.5% |
| Other amounts payable | 47/48 | €6,750 | - | -€6,750 | |
| Turnover | 70 | €105,644 | - | -€105,644 | |
| Goods, raw materials, services and sundry goods | 60/61 | €72,500 | - | -€72,500 | |
| Remuneration, social security and pensions | 62 | €2,225 | €8,836 | +€6,611 | +297.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88 | €712 | +€624 | +708.5% |
| Other operating charges | 640/8 | €636 | €3,122 | +€2,486 | +391.0% |
| Gross operating margin | 9900 | €33,144 | €21,015 | -€12,129 | -36.6% |
| Operating profit (loss) | 9901 | €30,196 | €8,345 | -€21,851 | -72.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,108 | €84 | -€2,024 | -96.0% |
| Recurring financial charges | 65 | €2,108 | €84 | -€2,024 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | €28,087 | €8,261 | -€19,826 | -70.6% |
| Income taxes | 67/77 | €5,600 | €2,159 | -€3,441 | -61.5% |
| Profit (loss) for the period | 9904 | €22,487 | €6,102 | -€16,385 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,487 | €6,102 | -€16,385 | -72.9% |
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 3 October 2026 via checked.be.