WITHIT: 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.
WITHIT
Largest movements
- Stocks and contracts -€688,595
down €688,595 (-84.2%), from €817,351 to €128,756
- Tangible fixed assets +€514,242
up €514,242 (+45.8%), from €1.1m to €1.6m
of which Land and buildings: +€548,192
- Cash +€282,322
up €282,322 (+1,784%), from €15,828 to €298,151
mainly Stocks and contracts (+€688,595) and Net result for the year (+€347,209)
- Reserves +€243,437
up €243,437 (+18.2%), from €1.3m to €1.6m
of which Distributable reserves: +€243,437
- Trade debts -€160,619
down €160,619 (-25.2%), from €637,650 to €477,030
- Current portion of long-term debt +€31,077
up €31,077 (+19.9%), from €155,915 to €186,991
- Gross operating margin +€206,049
up €206,049 (+39.8%), from €517,416 to €723,465
- Taxes +€53,574
up €53,574 (+52.7%), from €101,575 to €155,149
- Depreciation +€26,364
up €26,364 (+34.5%), from €76,327 to €102,691
- Other operating charges -€13,820
down €13,820 (-44.1%), from €31,339 to €17,519
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 | €2,851,131 | €2,952,040 | +€100,910 | +3.5% |
| Fixed assets | 21/28 | €1,122,443 | €1,636,685 | +€514,242 | +45.8% |
| Tangible fixed assets | 22/27 | €1,122,443 | €1,636,685 | +€514,242 | +45.8% |
| Land and buildings | 22 | €946,480 | €1,494,672 | +€548,192 | +57.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €175,963 | €142,013 | -€33,950 | -19.3% |
| Current assets | 29/58 | €1,728,688 | €1,315,355 | -€413,332 | -23.9% |
| Stocks and contracts in progress | 3 | €817,351 | €128,756 | -€688,595 | -84.2% |
| Stocks | 30/36 | €817,351 | €128,756 | -€688,595 | -84.2% |
| Amounts receivable within one year | 40/41 | €878,922 | €877,215 | -€1,706 | -0.2% |
| Trade receivables | 40 | €646,074 | €685,998 | +€39,924 | +6.2% |
| Other amounts receivable | 41 | €232,848 | €191,218 | -€41,631 | -17.9% |
| Cash at bank and in hand | 54/58 | €15,828 | €298,151 | +€282,322 | +1,784% |
| Deferred charges and accrued income | 490/1 | €16,587 | €11,233 | -€5,353 | -32.3% |
| Total equity and liabilities | 10/49 | €2,851,131 | €2,952,040 | +€100,910 | +3.5% |
| Equity | 10/15 | €1,372,809 | €1,616,246 | +€243,437 | +17.7% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €1,336,809 | €1,580,246 | +€243,437 | +18.2% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,200 | €7,200 | = | 0.0% |
| Distributable reserves | 133 | €1,329,609 | €1,573,046 | +€243,437 | +18.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,478,321 | €1,335,794 | -€142,527 | -9.6% |
| Amounts payable after more than one year | 17 | €563,260 | €573,157 | +€9,897 | +1.8% |
| Financial debts | 170/4 | €563,260 | €573,157 | +€9,897 | +1.8% |
| Amounts payable within one year | 42/48 | €915,061 | €762,637 | -€152,424 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €155,915 | €186,991 | +€31,077 | +19.9% |
| Trade debts | 44 | €637,650 | €477,030 | -€160,619 | -25.2% |
| Suppliers | 440/4 | €637,650 | €477,030 | -€160,619 | -25.2% |
| Taxes, remuneration and social security | 45 | €45,173 | €23,093 | -€22,079 | -48.9% |
| Taxes | 450/3 | €32,060 | €10,345 | -€21,715 | -67.7% |
| Remuneration and social security | 454/9 | €13,112 | €12,748 | -€364 | -2.8% |
| Other amounts payable | 47/48 | €76,325 | €75,522 | -€802 | -1.1% |
| Non-recurring operating income | 76A | €1,088 | €0 | -€1,088 | -100% |
| Remuneration, social security and pensions | 62 | €80,296 | €85,514 | +€5,219 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,327 | €102,691 | +€26,364 | +34.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €31,339 | €17,519 | -€13,820 | -44.1% |
| Gross operating margin | 9900 | €517,416 | €723,465 | +€206,049 | +39.8% |
| Operating profit (loss) | 9901 | €329,454 | €517,741 | +€188,287 | +57.2% |
| Financial income | 75/76B | €1,885 | €2,251 | +€365 | +19.4% |
| Recurring financial income | 75 | €1,885 | €2,251 | +€365 | +19.4% |
| Financial charges | 65/66B | €20,679 | €17,634 | -€3,045 | -14.7% |
| Recurring financial charges | 65 | €20,679 | €17,634 | -€3,045 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €310,660 | €502,358 | +€191,697 | +61.7% |
| Income taxes | 67/77 | €101,575 | €155,149 | +€53,574 | +52.7% |
| Profit (loss) for the period | 9904 | €209,085 | €347,209 | +€138,124 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €209,085 | €347,209 | +€138,124 | +66.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.