WITTE BEER INVEST: 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.
WITTE BEER INVEST
Largest movements
- Tangible fixed assets -€25,758
down €25,758 (-2.2%), from €1.2m to €1.2m
of which Land and buildings: -€18,893
- Debts after one year -€31,976
down €31,976 (-41.2%), from €77,593 to €45,616
- Reserves +€14,900
up €14,900 (+5.1%), from €292,200 to €307,100
of which Distributable reserves: +€14,900
- Financial charges -€5,190
down €5,190 (-12.3%), from €42,231 to €37,042
- Gross operating margin +€4,997
up €4,997 (+4.4%), from €114,390 to €119,386
- Taxes +€3,258
up €3,258 (+63.7%), from €5,117 to €8,375
- Depreciation +€2,610
up €2,610 (+7.7%), from €33,895 to €36,505
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,239,024 | €1,217,503 | -€21,521 | -1.7% |
| Fixed assets | 21/28 | €1,192,191 | €1,166,433 | -€25,758 | -2.2% |
| Tangible fixed assets | 22/27 | €1,191,206 | €1,165,448 | -€25,758 | -2.2% |
| Land and buildings | 22 | €1,078,234 | €1,059,341 | -€18,893 | -1.8% |
| Furniture and vehicles | 24 | €5,697 | €2,841 | -€2,856 | -50.1% |
| Other tangible fixed assets | 26 | €107,275 | €103,266 | -€4,009 | -3.7% |
| Financial fixed assets | 28 | €985 | €985 | = | 0.0% |
| Current assets | 29/58 | €46,833 | €51,070 | +€4,238 | +9.0% |
| Amounts receivable within one year | 40/41 | €4,883 | €2,090 | -€2,793 | -57.2% |
| Trade receivables | 40 | - | €465 | +€465 | |
| Other amounts receivable | 41 | €4,883 | €1,625 | -€3,258 | -66.7% |
| Cash at bank and in hand | 54/58 | €32,635 | €38,421 | +€5,786 | +17.7% |
| Deferred charges and accrued income | 490/1 | €9,314 | €10,559 | +€1,245 | +13.4% |
| Total equity and liabilities | 10/49 | €1,239,024 | €1,217,503 | -€21,521 | -1.7% |
| Equity | 10/15 | €616,782 | €631,712 | +€14,931 | +2.4% |
| Contributions | 10/11 | €307,000 | €307,000 | = | 0.0% |
| Capital | 10 | €307,000 | €307,000 | = | 0.0% |
| Issued capital | 100 | €307,000 | €307,000 | = | 0.0% |
| Reserves | 13 | €292,200 | €307,100 | +€14,900 | +5.1% |
| Non-distributable reserves | 130/1 | €30,700 | €30,700 | = | 0.0% |
| Legal reserve | 130 | €30,700 | €30,700 | = | 0.0% |
| Distributable reserves | 133 | €261,500 | €276,400 | +€14,900 | +5.7% |
| Profit (loss) carried forward | 14 | €17,582 | €17,612 | +€31 | +0.2% |
| Amounts payable | 17/49 | €622,242 | €585,791 | -€36,452 | -5.9% |
| Amounts payable after more than one year | 17 | €77,593 | €45,616 | -€31,976 | -41.2% |
| Financial debts | 170/4 | €77,593 | €45,616 | -€31,976 | -41.2% |
| Amounts payable within one year | 42/48 | €518,258 | €516,411 | -€1,847 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €31,454 | €31,976 | +€523 | +1.7% |
| Trade debts | 44 | €0 | €89 | +€89 | |
| Suppliers | 440/4 | €0 | €89 | +€89 | |
| Taxes, remuneration and social security | 45 | €11,311 | €9,991 | -€1,319 | -11.7% |
| Taxes | 450/3 | €11,311 | €9,991 | -€1,319 | -11.7% |
| Other amounts payable | 47/48 | €475,494 | €474,355 | -€1,139 | -0.2% |
| Accrued charges and deferred income | 492/3 | €26,391 | €23,763 | -€2,628 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,895 | €36,505 | +€2,610 | +7.7% |
| Other operating charges | 640/8 | €21,611 | €22,535 | +€924 | +4.3% |
| Gross operating margin | 9900 | €114,390 | €119,386 | +€4,997 | +4.4% |
| Operating profit (loss) | 9901 | €58,884 | €60,347 | +€1,463 | +2.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +700% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +700% |
| Financial charges | 65/66B | €42,231 | €37,042 | -€5,190 | -12.3% |
| Recurring financial charges | 65 | €42,231 | €37,042 | -€5,190 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €16,653 | €23,305 | +€6,653 | +39.9% |
| Income taxes | 67/77 | €5,117 | €8,375 | +€3,258 | +63.7% |
| Profit (loss) for the period | 9904 | €11,536 | €14,931 | +€3,395 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,536 | €14,931 | +€3,395 | +29.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.