WITO: 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.
WITO
Largest movements
- Tangible fixed assets +€262,923
up €262,923 (+110.8%), from €237,388 to €500,311
- Cash -€215,403
down €215,403 (-63.3%), from €340,044 to €124,641
mainly Investment in fixed assets (net) (-€299,240) and Tax, wage and social debts (-€3,206)
- Reserves +€51,132
up €51,132 (+46.8%), from €109,244 to €160,376
of which Distributable reserves: +€48,132
- Gross operating margin -€7,577
down €7,577 (-6.2%), from €121,404 to €113,828
- Depreciation +€3,433
up €3,433 (+10.4%), from €32,884 to €36,317
- Taxes -€3,206
down €3,206 (-10.9%), from €29,387 to €26,181
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 | €577,751 | €625,328 | +€47,578 | +8.2% |
| Fixed assets | 21/28 | €237,388 | €500,311 | +€262,923 | +110.8% |
| Tangible fixed assets | 22/27 | €237,388 | €500,311 | +€262,923 | +110.8% |
| Land and buildings | 22 | €237,388 | €500,311 | +€262,923 | +110.8% |
| Current assets | 29/58 | €340,362 | €125,017 | -€215,345 | -63.3% |
| Amounts receivable within one year | 40/41 | €318 | €376 | +€58 | +18.1% |
| Other amounts receivable | 41 | €318 | €376 | +€58 | +18.1% |
| Cash at bank and in hand | 54/58 | €340,044 | €124,641 | -€215,403 | -63.3% |
| Total equity and liabilities | 10/49 | €577,751 | €625,328 | +€47,578 | +8.2% |
| Equity | 10/15 | €548,016 | €599,147 | +€51,132 | +9.3% |
| Contributions | 10/11 | €438,772 | €438,772 | = | 0.0% |
| Capital | 10 | €438,772 | €438,772 | = | 0.0% |
| Issued capital | 100 | €438,772 | €438,772 | = | 0.0% |
| Reserves | 13 | €109,244 | €160,376 | +€51,132 | +46.8% |
| Non-distributable reserves | 130/1 | €9,658 | €12,658 | +€3,000 | +31.1% |
| Legal reserve | 130 | €9,658 | €12,658 | +€3,000 | +31.1% |
| Distributable reserves | 133 | €99,586 | €147,718 | +€48,132 | +48.3% |
| Amounts payable | 17/49 | €29,735 | €26,181 | -€3,554 | -12.0% |
| Amounts payable within one year | 42/48 | €29,735 | €26,181 | -€3,554 | -12.0% |
| Trade debts | 44 | €348 | - | -€348 | |
| Suppliers | 440/4 | €348 | - | -€348 | |
| Taxes, remuneration and social security | 45 | €29,387 | €26,181 | -€3,206 | -10.9% |
| Taxes | 450/3 | €29,387 | €26,181 | -€3,206 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,884 | €36,317 | +€3,433 | +10.4% |
| Other operating charges | 640/8 | €384 | €198 | -€186 | -48.5% |
| Gross operating margin | 9900 | €121,404 | €113,828 | -€7,577 | -6.2% |
| Operating profit (loss) | 9901 | €88,136 | €77,313 | -€10,823 | -12.3% |
| Financial charges | 65/66B | €24 | - | -€24 | |
| Recurring financial charges | 65 | €24 | - | -€24 | |
| Profit (loss) for the period before taxes | 9903 | €88,112 | €77,313 | -€10,799 | -12.3% |
| Income taxes | 67/77 | €29,387 | €26,181 | -€3,206 | -10.9% |
| Profit (loss) for the period | 9904 | €58,725 | €51,132 | -€7,593 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €58,725 | €51,132 | -€7,593 | -12.9% |
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 5 October 2026 via checked.be.