WITKAP: 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.
WITKAP
Largest movements
- Deferred charges and accrued income -€33,287
down €33,287 (-96.0%), from €34,685 to €1,398
- Cash +€17,005
up €17,005 (+45.3%), from €37,554 to €54,558
mainly Depreciation (+€42,666) and Deferred charges and accrued income (+€33,287)
- Debts after one year -€26,371
down €26,371 (-15.5%), from €170,595 to €144,223
- Reserves +€7,747
up €7,747 (+5.0%), from €154,823 to €162,570
of which Distributable reserves: +€7,747
- Depreciation -€28,151
down €28,151 (-39.8%), from €70,817 to €42,666
- Gross operating margin -€14,844
down €14,844 (-16.2%), from €91,364 to €76,520
- Financial charges +€7,925
up €7,925 (+187%), from €4,248 to €12,172
- Other operating charges -€2,287
down €2,287 (-14.1%), from €16,221 to €13,934
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 | €501,780 | €486,962 | -€14,818 | -3.0% |
| Fixed assets | 21/28 | €427,644 | €429,920 | +€2,276 | +0.5% |
| Intangible fixed assets | 21 | €5,317 | €4,687 | -€630 | -11.9% |
| Tangible fixed assets | 22/27 | €422,327 | €425,234 | +€2,907 | +0.7% |
| Land and buildings | 22 | €419,591 | €423,818 | +€4,228 | +1.0% |
| Plant, machinery and equipment | 23 | €2,736 | €1,415 | -€1,321 | -48.3% |
| Current assets | 29/58 | €74,136 | €57,042 | -€17,094 | -23.1% |
| Amounts receivable within one year | 40/41 | €1,897 | €1,085 | -€812 | -42.8% |
| Trade receivables | 40 | €1,897 | €1,085 | -€812 | -42.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €37,554 | €54,558 | +€17,005 | +45.3% |
| Deferred charges and accrued income | 490/1 | €34,685 | €1,398 | -€33,287 | -96.0% |
| Total equity and liabilities | 10/49 | €501,780 | €486,962 | -€14,818 | -3.0% |
| Equity | 10/15 | €221,536 | €229,283 | +€7,747 | +3.5% |
| Contributions | 10/11 | €66,714 | €66,714 | = | 0.0% |
| Reserves | 13 | €154,823 | €162,570 | +€7,747 | +5.0% |
| Non-distributable reserves | 130/1 | €6,671 | €6,671 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,671 | €6,671 | = | 0.0% |
| Tax-exempt reserves | 132 | €183 | €183 | = | 0.0% |
| Distributable reserves | 133 | €147,968 | €155,715 | +€7,747 | +5.2% |
| Amounts payable | 17/49 | €280,244 | €257,679 | -€22,565 | -8.1% |
| Amounts payable after more than one year | 17 | €170,595 | €144,223 | -€26,371 | -15.5% |
| Financial debts | 170/4 | €170,595 | €144,223 | -€26,371 | -15.5% |
| Amounts payable within one year | 42/48 | €108,947 | €110,804 | +€1,857 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €25,292 | €26,371 | +€1,080 | +4.3% |
| Trade debts | 44 | €6,052 | €4,765 | -€1,286 | -21.3% |
| Suppliers | 440/4 | €6,052 | €4,765 | -€1,286 | -21.3% |
| Taxes, remuneration and social security | 45 | €529 | €1,734 | +€1,205 | +228% |
| Taxes | 450/3 | €529 | €1,734 | +€1,205 | +228% |
| Other amounts payable | 47/48 | €77,075 | €77,934 | +€858 | +1.1% |
| Accrued charges and deferred income | 492/3 | €702 | €2,651 | +€1,949 | +278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,817 | €42,666 | -€28,151 | -39.8% |
| Other operating charges | 640/8 | €16,221 | €13,934 | -€2,287 | -14.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €91,364 | €76,520 | -€14,844 | -16.2% |
| Operating profit (loss) | 9901 | €4,326 | €19,920 | +€15,594 | +360% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €4,248 | €12,172 | +€7,925 | +187% |
| Recurring financial charges | 65 | €4,248 | €12,172 | +€7,925 | +187% |
| Profit (loss) for the period before taxes | 9903 | €79 | €7,747 | +€7,668 | +9,721% |
| Profit (loss) for the period | 9904 | €79 | €7,747 | +€7,668 | +9,721% |
| Profit (loss) for the period to be appropriated | 9905 | €79 | €7,747 | +€7,668 | +9,721% |
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 17 October 2026 via checked.be.