WITTE RAVEN PROJECT: 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 RAVEN PROJECT
Largest movements
- Cash -€4,021
down €4,021 (-5.1%), from €78,402 to €74,381
mainly Net result for the year (-€4,291)
- Profit (loss) carried forward -€4,291
down €4,291 (-5.5%), from €78,402 to €74,111
- Gross operating margin -€44,569
down €44,569, from €39,879 to -€4,690
- Financial income +€445
new in 2025: €445
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 | €78,402 | €74,381 | -€4,021 | -5.1% |
| Current assets | 29/58 | €78,402 | €74,381 | -€4,021 | -5.1% |
| Cash at bank and in hand | 54/58 | €78,402 | €74,381 | -€4,021 | -5.1% |
| Total equity and liabilities | 10/49 | €78,402 | €74,381 | -€4,021 | -5.1% |
| Equity | 10/15 | €78,402 | €74,111 | -€4,291 | -5.5% |
| Profit (loss) carried forward | 14 | €78,402 | €74,111 | -€4,291 | -5.5% |
| Amounts payable | 17/49 | - | €270 | +€270 | |
| Amounts payable within one year | 42/48 | - | €224 | +€224 | |
| Trade debts | 44 | - | €224 | +€224 | |
| Suppliers | 440/4 | - | €224 | +€224 | |
| Accrued charges and deferred income | 492/3 | - | €46 | +€46 | |
| Gross operating margin | 9900 | €39,879 | -€4,690 | -€44,569 | |
| Operating profit (loss) | 9901 | €39,879 | -€4,690 | -€44,569 | |
| Financial income | 75/76B | - | €445 | +€445 | |
| Recurring financial income | 75 | - | €445 | +€445 | |
| Financial charges | 65/66B | €49 | €45 | -€4 | -8.1% |
| Recurring financial charges | 65 | €49 | €45 | -€4 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €39,830 | -€4,291 | -€44,121 | |
| Profit (loss) for the period | 9904 | €39,830 | -€4,291 | -€44,121 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,830 | -€4,291 | -€44,121 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.