WITON: 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.
WITON
Largest movements
- Tangible fixed assets -€83,413
down €83,413 (-12.2%), from €685,279 to €601,866
of which Land and buildings: -€53,821
- Cash +€51,929
up €51,929 (+62.1%), from €83,584 to €135,514
mainly Depreciation (+€103,587) and Net result for the year (+€59,725)
- Reserves -€90,275
down €90,275 (-14.0%), from €643,336 to €553,061
- Other debts +€48,671
up €48,671 (+48.0%), from €101,329 to €150,000
- Write-downs -€58,224
down €58,224, from €4,238 to -€53,986
- Other operating charges +€55,305
up €55,305 (+379.3%), from €14,579 to €69,884
- Financial charges -€34,919
down €34,919 (-97.8%), from €35,688 to €770
- Staff costs -€31,566
down €31,566 (-10.6%), from €299,165 to €267,599
- Gross operating margin -€23,044
down €23,044 (-4.9%), from €471,022 to €447,978
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 | €879,244 | €843,595 | -€35,650 | -4.1% |
| Fixed assets | 21/28 | €689,606 | €604,123 | -€85,483 | -12.4% |
| Intangible fixed assets | 21 | €4,327 | €2,257 | -€2,070 | -47.8% |
| Tangible fixed assets | 22/27 | €685,279 | €601,866 | -€83,413 | -12.2% |
| Land and buildings | 22 | €539,260 | €485,439 | -€53,821 | -10.0% |
| Plant, machinery and equipment | 23 | €141,695 | €113,407 | -€28,288 | -20.0% |
| Furniture and vehicles | 24 | €4,323 | €3,020 | -€1,304 | -30.2% |
| Current assets | 29/58 | €189,639 | €239,471 | +€49,833 | +26.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €105,135 | €103,035 | -€2,100 | -2.0% |
| Trade receivables | 40 | €88,902 | €88,247 | -€654 | -0.7% |
| Other amounts receivable | 41 | €16,233 | €14,787 | -€1,446 | -8.9% |
| Cash at bank and in hand | 54/58 | €83,584 | €135,514 | +€51,929 | +62.1% |
| Deferred charges and accrued income | 490/1 | €919 | €923 | +€4 | +0.4% |
| Total equity and liabilities | 10/49 | €879,244 | €843,595 | -€35,650 | -4.1% |
| Equity | 10/15 | €717,704 | €627,429 | -€90,275 | -12.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €643,336 | €553,061 | -€90,275 | -14.0% |
| Distributable reserves | 133 | €643,336 | €553,061 | -€90,275 | -14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €161,540 | €216,165 | +€54,625 | +33.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €161,540 | €215,917 | +€54,376 | +33.7% |
| Trade debts | 44 | €6,955 | €6,494 | -€461 | -6.6% |
| Suppliers | 440/4 | €6,955 | €6,494 | -€461 | -6.6% |
| Taxes, remuneration and social security | 45 | €53,256 | €59,422 | +€6,166 | +11.6% |
| Taxes | 450/3 | €19,645 | €20,198 | +€553 | +2.8% |
| Remuneration and social security | 454/9 | €33,611 | €39,225 | +€5,613 | +16.7% |
| Other amounts payable | 47/48 | €101,329 | €150,000 | +€48,671 | +48.0% |
| Accrued charges and deferred income | 492/3 | €0 | €249 | +€249 | |
| Non-recurring operating income | 76A | €5,000 | €0 | -€5,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €299,165 | €267,599 | -€31,566 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,755 | €103,587 | -€2,168 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,238 | -€53,986 | -€58,224 | |
| Other operating charges | 640/8 | €14,579 | €69,884 | +€55,305 | +379.3% |
| Non-recurring operating charges | 66A | €672 | €0 | -€672 | -100.0% |
| Gross operating margin | 9900 | €471,022 | €447,978 | -€23,044 | -4.9% |
| Operating profit (loss) | 9901 | €46,613 | €60,894 | +€14,281 | +30.6% |
| Financial income | 75/76B | €757 | €67 | -€690 | -91.1% |
| Recurring financial income | 75 | €757 | €67 | -€690 | -91.1% |
| Financial charges | 65/66B | €35,688 | €770 | -€34,919 | -97.8% |
| Recurring financial charges | 65 | €35,688 | €770 | -€34,919 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €11,681 | €60,192 | +€48,510 | +415.3% |
| Income taxes | 67/77 | €670 | €467 | -€203 | -30.3% |
| Profit (loss) for the period | 9904 | €11,012 | €59,725 | +€48,713 | +442.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,012 | €59,725 | +€48,713 | +442.4% |
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 7 October 2026 via checked.be.