Witte Claes: 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 Claes
Largest movements
- Tangible fixed assets -€6,967
down €6,967 (-25.9%), from €26,856 to €19,890
of which Furniture and vehicles: -€6,343
- Cash +€3,495
up €3,495 (+18.4%), from €19,019 to €22,515
mainly Depreciation (+€6,967) and Deferred charges and accrued income (+€2,298)
- Deferred charges and accrued income -€2,298
no longer reported in 2025 (was €2,298)
- Receivables within one year -€1,357
down €1,357 (-16.8%), from €8,096 to €6,739
- Debts after one year -€6,305
down €6,305 (-30.9%), from €20,426 to €14,121
- Trade debts +€1,850
up €1,850 (+188.8%), from €980 to €2,830
- Tax, wage and social debts -€1,223
down €1,223 (-9.8%), from €12,539 to €11,316
of which Taxes: -€1,223
- Reserves -€1,176
down €1,176 (-12.5%), from €9,428 to €8,252
- Gross operating margin -€748
down €748 (-7.5%), from €9,991 to €9,243
- Other operating charges +€619
up €619 (+71.3%), from €868 to €1,487
- Taxes -€268
down €268 (-28.3%), from €948 to €679
- Depreciation +€260
up €260 (+3.9%), from €6,707 to €6,967
- Financial charges -€103
down €103 (-7.3%), from €1,397 to €1,294
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 | €56,270 | €49,143 | -€7,127 | -12.7% |
| Fixed assets | 21/28 | €26,856 | €19,890 | -€6,967 | -25.9% |
| Tangible fixed assets | 22/27 | €26,856 | €19,890 | -€6,967 | -25.9% |
| Furniture and vehicles | 24 | €25,633 | €19,290 | -€6,343 | -24.7% |
| Other tangible fixed assets | 26 | €1,224 | €600 | -€624 | -51.0% |
| Current assets | 29/58 | €29,414 | €29,254 | -€160 | -0.5% |
| Amounts receivable within one year | 40/41 | €8,096 | €6,739 | -€1,357 | -16.8% |
| Trade receivables | 40 | €8,096 | €6,739 | -€1,357 | -16.8% |
| Cash at bank and in hand | 54/58 | €19,019 | €22,515 | +€3,495 | +18.4% |
| Deferred charges and accrued income | 490/1 | €2,298 | - | -€2,298 | |
| Total equity and liabilities | 10/49 | €56,270 | €49,143 | -€7,127 | -12.7% |
| Equity | 10/15 | €15,628 | €14,452 | -€1,176 | -7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,428 | €8,252 | -€1,176 | -12.5% |
| Distributable reserves | 133 | €9,428 | €8,252 | -€1,176 | -12.5% |
| Amounts payable | 17/49 | €40,642 | €34,691 | -€5,951 | -14.6% |
| Amounts payable after more than one year | 17 | €20,426 | €14,121 | -€6,305 | -30.9% |
| Financial debts | 170/4 | €20,426 | €14,121 | -€6,305 | -30.9% |
| Amounts payable within one year | 42/48 | €20,216 | €20,570 | +€354 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €6,017 | €6,305 | +€288 | +4.8% |
| Trade debts | 44 | €980 | €2,830 | +€1,850 | +188.8% |
| Suppliers | 440/4 | €980 | €2,830 | +€1,850 | +188.8% |
| Taxes, remuneration and social security | 45 | €12,539 | €11,316 | -€1,223 | -9.8% |
| Taxes | 450/3 | €10,289 | €9,066 | -€1,223 | -11.9% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €681 | €119 | -€562 | -82.5% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €18 | - | -€18 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,707 | €6,967 | +€260 | +3.9% |
| Other operating charges | 640/8 | €868 | €1,487 | +€619 | +71.3% |
| Gross operating margin | 9900 | €9,991 | €9,243 | -€748 | -7.5% |
| Operating profit (loss) | 9901 | €2,398 | €789 | -€1,609 | -67.1% |
| Financial income | 75/76B | €14 | €9 | -€5 | -37.4% |
| Recurring financial income | 75 | €14 | €9 | -€5 | -37.4% |
| Financial charges | 65/66B | €1,397 | €1,294 | -€103 | -7.3% |
| Recurring financial charges | 65 | €1,397 | €1,294 | -€103 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €1,015 | -€496 | -€1,512 | |
| Income taxes | 67/77 | €948 | €679 | -€268 | -28.3% |
| Profit (loss) for the period | 9904 | €68 | -€1,176 | -€1,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €68 | -€1,176 | -€1,244 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.