Withe & Co: 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.
Withe & Co
Largest movements
- Receivables within one year -€23,145
down €23,145 (-96.3%), from €24,027 to €882
- Cash +€19,546
up €19,546 (+191.3%), from €10,217 to €29,764
mainly Receivables within one year (+€23,145) and Depreciation (+€1,516)
- Tax, wage and social debts -€4,060
down €4,060 (-53.1%), from €7,639 to €3,579
- Profit (loss) carried forward -€1,038
down €1,038 (-134.8%), from -€770 to -€1,808
- Other debts +€793
up €793 (+11.8%), from €6,713 to €7,507
- Trade debts +€615
up €615 (+22.6%), from €2,717 to €3,333
- Gross operating margin -€1,872
down €1,872 (-44.0%), from €4,252 to €2,380
- Financial charges -€1,322
down €1,322 (-85.9%), from €1,539 to €217
of which Non-recurring financial charges: -€1,252
- Taxes +€900
new in 2025: €900
- Depreciation -€296
down €296 (-16.3%), from €1,812 to €1,516
- Other operating charges -€84
down €84 (-9.6%), from €869 to €785
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 | €37,300 | €33,610 | -€3,690 | -9.9% |
| Fixed assets | 21/28 | €2,129 | €2,224 | +€95 | +4.4% |
| Tangible fixed assets | 22/27 | €2,129 | €2,224 | +€95 | +4.4% |
| Furniture and vehicles | 24 | €1,190 | €1,590 | +€400 | +33.6% |
| Other tangible fixed assets | 26 | €939 | €634 | -€305 | -32.5% |
| Current assets | 29/58 | €35,170 | €31,386 | -€3,784 | -10.8% |
| Amounts receivable within one year | 40/41 | €24,027 | €882 | -€23,145 | -96.3% |
| Trade receivables | 40 | €24,027 | €882 | -€23,145 | -96.3% |
| Cash at bank and in hand | 54/58 | €10,217 | €29,764 | +€19,546 | +191.3% |
| Deferred charges and accrued income | 490/1 | €927 | €741 | -€186 | -20.0% |
| Total equity and liabilities | 10/49 | €37,300 | €33,610 | -€3,690 | -9.9% |
| Equity | 10/15 | €20,230 | €19,192 | -€1,038 | -5.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€770 | -€1,808 | -€1,038 | -134.8% |
| Amounts payable | 17/49 | €17,070 | €14,418 | -€2,652 | -15.5% |
| Amounts payable within one year | 42/48 | €17,070 | €14,418 | -€2,652 | -15.5% |
| Trade debts | 44 | €2,717 | €3,333 | +€615 | +22.6% |
| Suppliers | 440/4 | €2,717 | €3,333 | +€615 | +22.6% |
| Taxes, remuneration and social security | 45 | €7,639 | €3,579 | -€4,060 | -53.1% |
| Taxes | 450/3 | €7,639 | €3,579 | -€4,060 | -53.1% |
| Other amounts payable | 47/48 | €6,713 | €7,507 | +€793 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,812 | €1,516 | -€296 | -16.3% |
| Other operating charges | 640/8 | €869 | €785 | -€84 | -9.6% |
| Gross operating margin | 9900 | €4,252 | €2,380 | -€1,872 | -44.0% |
| Operating profit (loss) | 9901 | €1,572 | €79 | -€1,492 | -95.0% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €1,539 | €217 | -€1,322 | -85.9% |
| Recurring financial charges | 65 | €288 | €217 | -€70 | -24.5% |
| Non-recurring financial charges | 66B | €1,252 | - | -€1,252 | |
| Profit (loss) for the period before taxes | 9903 | €65 | -€138 | -€203 | |
| Income taxes | 67/77 | - | €900 | +€900 | |
| Profit (loss) for the period | 9904 | €65 | -€1,038 | -€1,103 | |
| Profit (loss) for the period to be appropriated | 9905 | €65 | -€1,038 | -€1,103 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.