WITTENBERG: 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.
WITTENBERG
Largest movements
- Tangible fixed assets -€19,788
down €19,788 (-1.2%), from €1.6m to €1.6m
of which Land and buildings: -€19,037
- Other debts -€36,973
down €36,973 (-27.5%), from €134,573 to €97,601
- Profit (loss) carried forward +€16,951
up €16,951 (+10.5%), from -€160,950 to -€143,998
- Gross operating margin +€14,697
up €14,697 (+66.1%), from €22,227 to €36,924
- Depreciation -€804
down €804 (-3.9%), from €20,592 to €19,788
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 | €1,623,507 | €1,603,368 | -€20,139 | -1.2% |
| Fixed assets | 21/28 | €1,622,894 | €1,603,106 | -€19,788 | -1.2% |
| Tangible fixed assets | 22/27 | €1,622,894 | €1,603,106 | -€19,788 | -1.2% |
| Land and buildings | 22 | €1,621,099 | €1,602,062 | -€19,037 | -1.2% |
| Plant, machinery and equipment | 23 | €1,794 | €1,043 | -€751 | -41.9% |
| Current assets | 29/58 | €613 | €262 | -€351 | -57.3% |
| Cash at bank and in hand | 54/58 | €613 | €262 | -€351 | -57.3% |
| Total equity and liabilities | 10/49 | €1,623,507 | €1,603,368 | -€20,139 | -1.2% |
| Equity | 10/15 | -€89,095 | -€72,144 | +€16,951 | +19.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €9,854 | €9,854 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,054 | €3,054 | = | 0.0% |
| Legal reserve | 130 | €3,054 | €3,054 | = | 0.0% |
| Distributable reserves | 133 | €6,800 | €6,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,950 | -€143,998 | +€16,951 | +10.5% |
| Amounts payable | 17/49 | €1,712,603 | €1,675,512 | -€37,091 | -2.2% |
| Amounts payable after more than one year | 17 | €1,576,856 | €1,576,856 | = | 0.0% |
| Other amounts payable | 178/9 | €1,576,856 | €1,576,856 | = | 0.0% |
| Amounts payable within one year | 42/48 | €135,746 | €98,656 | -€37,091 | -27.3% |
| Trade debts | 44 | €1,173 | €1,055 | -€118 | -10.1% |
| Suppliers | 440/4 | €1,173 | €1,055 | -€118 | -10.1% |
| Other amounts payable | 47/48 | €134,573 | €97,601 | -€36,973 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,592 | €19,788 | -€804 | -3.9% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €22,227 | €36,924 | +€14,697 | +66.1% |
| Operating profit (loss) | 9901 | €1,517 | €17,016 | +€15,499 | +1021.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €56 | €64 | +€8 | +15.1% |
| Recurring financial charges | 65 | €56 | €64 | +€8 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,462 | €16,951 | +€15,490 | +1059.7% |
| Profit (loss) for the period | 9904 | €1,462 | €16,951 | +€15,490 | +1059.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,462 | €16,951 | +€15,490 | +1059.7% |
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 2 October 2026 via checked.be.