WITTENDORP: 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.
WITTENDORP
Largest movements
- Current investments -€35,052
down €35,052 (-21.8%), from €160,441 to €125,389
- Deferred charges and accrued income -€6,743
down €6,743 (-61.0%), from €11,047 to €4,303
- Cash -€6,607
down €6,607 (-59.5%), from €11,105 to €4,498
mainly Contributions, distributions and other (-€40,000) and Advances received (-€35,236)
- Receivables within one year -€5,056
down €5,056 (-24.9%), from €20,295 to €15,239
of which Trade receivables: -€2,569
- Advances received -€35,236
no longer reported in 2025 (was €35,236)
- Reserves -€14,536
down €14,536 (-11.6%), from €124,931 to €110,395
of which Distributable reserves: -€14,536
- Trade debts -€9,661
down €9,661 (-34.1%), from €28,367 to €18,706
- Tax, wage and social debts +€3,873
up €3,873 (+131%), from €2,948 to €6,821
of which Taxes: +€3,924
- Financial income -€8,829
down €8,829 (-90.7%), from €9,729 to €900
- Depreciation -€2,799
down €2,799 (-69.3%), from €4,038 to €1,239
- Gross operating margin +€1,341
up €1,341 (+3.4%), from €39,004 to €40,345
- Financial charges -€571
down €571 (-17.5%), from €3,252 to €2,682
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 | €210,312 | €155,496 | -€54,816 | -26.1% |
| Fixed assets | 21/28 | €4,786 | €3,548 | -€1,239 | -25.9% |
| Tangible fixed assets | 22/27 | €4,786 | €3,548 | -€1,239 | -25.9% |
| Land and buildings | 22 | €1,868 | €1,528 | -€340 | -18.2% |
| Plant, machinery and equipment | 23 | €1,634 | €1,158 | -€477 | -29.2% |
| Furniture and vehicles | 24 | €1,285 | €862 | -€422 | -32.9% |
| Current assets | 29/58 | €205,526 | €151,948 | -€53,577 | -26.1% |
| Stocks and contracts in progress | 3 | €2,638 | €2,519 | -€119 | -4.5% |
| Stocks | 30/36 | €2,638 | €2,519 | -€119 | -4.5% |
| Amounts receivable within one year | 40/41 | €20,295 | €15,239 | -€5,056 | -24.9% |
| Trade receivables | 40 | €11,925 | €9,356 | -€2,569 | -21.5% |
| Other amounts receivable | 41 | €8,370 | €5,884 | -€2,486 | -29.7% |
| Current investments | 50/53 | €160,441 | €125,389 | -€35,052 | -21.8% |
| Cash at bank and in hand | 54/58 | €11,105 | €4,498 | -€6,607 | -59.5% |
| Deferred charges and accrued income | 490/1 | €11,047 | €4,303 | -€6,743 | -61.0% |
| Total equity and liabilities | 10/49 | €210,312 | €155,496 | -€54,816 | -26.1% |
| Equity | 10/15 | €143,531 | €128,995 | -€14,536 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,931 | €110,395 | -€14,536 | -11.6% |
| Tax-exempt reserves | 132 | €13,758 | €13,758 | = | 0.0% |
| Distributable reserves | 133 | €111,173 | €96,637 | -€14,536 | -13.1% |
| Amounts payable | 17/49 | €66,781 | €26,501 | -€40,280 | -60.3% |
| Amounts payable within one year | 42/48 | €66,781 | €26,501 | -€40,280 | -60.3% |
| Financial debts | 43 | €230 | €939 | +€709 | +309% |
| Credit institutions | 430/8 | €230 | €939 | +€709 | +309% |
| Trade debts | 44 | €28,367 | €18,706 | -€9,661 | -34.1% |
| Suppliers | 440/4 | €28,367 | €18,706 | -€9,661 | -34.1% |
| Advances received on contracts in progress | 46 | €35,236 | - | -€35,236 | |
| Taxes, remuneration and social security | 45 | €2,948 | €6,821 | +€3,873 | +131% |
| Taxes | 450/3 | €498 | €4,421 | +€3,924 | +788% |
| Remuneration and social security | 454/9 | €2,450 | €2,400 | -€50 | -2.1% |
| Other amounts payable | 47/48 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,038 | €1,239 | -€2,799 | -69.3% |
| Other operating charges | 640/8 | €1,313 | €1,224 | -€88 | -6.7% |
| Gross operating margin | 9900 | €39,004 | €40,345 | +€1,341 | +3.4% |
| Operating profit (loss) | 9901 | €33,654 | €37,882 | +€4,228 | +12.6% |
| Financial income | 75/76B | €9,729 | €900 | -€8,829 | -90.7% |
| Recurring financial income | 75 | €9,729 | €900 | -€8,829 | -90.7% |
| Financial charges | 65/66B | €3,252 | €2,682 | -€571 | -17.5% |
| Recurring financial charges | 65 | €3,252 | €2,682 | -€571 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €40,130 | €36,100 | -€4,030 | -10.0% |
| Income taxes | 67/77 | €10,758 | €10,636 | -€121 | -1.1% |
| Profit (loss) for the period | 9904 | €29,373 | €25,464 | -€3,909 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,373 | €25,464 | -€3,909 | -13.3% |
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 17 October 2026 via checked.be.