WITTERS Care & Services: 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.
What changed
WITTERS Care & Services
NACE 96.301, Funeral services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,275
2024 · €75,611-€12,337
Equity
€1.1m
2024 · €1.0m+€63,275
Cash
€97,523
2024 · €88,243+€9,280
Balance sheet total
€4.1m
2024 · €4.2m-€173,065
Largest movements
Assets
- Tangible fixed assets -€167,829
down €167,829 (-4.2%), from €4.0m to €3.9m
of which Land and buildings: -€155,949
Equity and liabilities
- Debts after one year -€233,961
down €233,961 (-12.9%), from €1.8m to €1.6m
- Current portion of long-term debt -€84,680
down €84,680 (-26.6%), from €318,641 to €233,961
- Reserves +€63,275
up €63,275 (+6.3%), from €1.0m to €1.1m
- Other debts +€43,917
up €43,917 (+4.7%), from €940,208 to €984,125
Income statement
- Gross operating margin -€114,161
down €114,161 (-20.0%), from €569,814 to €455,652
- Other operating charges -€64,000
down €64,000 (-81.5%), from €78,536 to €14,536
- Staff costs -€27,357
down €27,357 (-29.8%), from €91,685 to €64,328
- Financial charges -€11,815
down €11,815 (-10.3%), from €114,287 to €102,472
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.
Result 2024
€75,611
Gross operating margin
-€114,161
Staff costs
+€27,357
Depreciation
-€2,489
Other operating charges
+€64,000
Financial income
-€8
Financial charges
+€11,815
Taxes
+€1,150
Result 2025
€63,275
raises the resultlowers the result
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.
From operations
+€341,624
Investment
-€15,365
Financing
-€316,979
Cash 2024
€88,243
From operations (derived)
+€341,624
Net result for the year
+€63,275
Depreciation
+€186,739
Smaller working-capital items
-€121
Receivables within one year
+€11,171
Trade debts
+€36,026
Tax, wage and social debts
+€617
Other debts
+€43,917
Investment (derived)
-€15,365
Investment in fixed assets (net)
-€15,365
Financing
-€316,979
Debts after one year
-€233,961
Current portion of long-term debt
-€84,680
Short-term financial debts
+€1,662
Cash 2025
€97,523
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,237,365 | €4,064,300 | -€173,065 | -4.1% |
| Fixed assets | 21/28 | €4,023,420 | €3,852,046 | -€171,374 | -4.3% |
| Tangible fixed assets | 22/27 | €4,019,725 | €3,851,896 | -€167,829 | -4.2% |
| Land and buildings | 22 | €3,946,862 | €3,790,914 | -€155,949 | -4.0% |
| Plant, machinery and equipment | 23 | €72,863 | €60,983 | -€11,880 | -16.3% |
| Financial fixed assets | 28 | €3,695 | €150 | -€3,545 | -95.9% |
| Current assets | 29/58 | €213,945 | €212,254 | -€1,691 | -0.8% |
| Stocks and contracts in progress | 3 | €1,776 | €1,537 | -€239 | -13.5% |
| Stocks | 30/36 | €1,776 | €1,537 | -€239 | -13.5% |
| Amounts receivable within one year | 40/41 | €120,100 | €108,929 | -€11,171 | -9.3% |
| Trade receivables | 40 | €117,894 | €78,797 | -€39,097 | -33.2% |
| Other amounts receivable | 41 | €2,206 | €30,132 | +€27,926 | +1,266% |
| Cash at bank and in hand | 54/58 | €88,243 | €97,523 | +€9,280 | +10.5% |
| Deferred charges and accrued income | 490/1 | €3,826 | €4,265 | +€439 | +11.5% |
| Total equity and liabilities | 10/49 | €4,237,365 | €4,064,300 | -€173,065 | -4.1% |
| Equity | 10/15 | €1,033,368 | €1,096,643 | +€63,275 | +6.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,003,368 | €1,066,643 | +€63,275 | +6.3% |
| Distributable reserves | 133 | €1,003,368 | €1,066,643 | +€63,275 | +6.3% |
| Amounts payable | 17/49 | €3,203,997 | €2,967,657 | -€236,340 | -7.4% |
| Amounts payable after more than one year | 17 | €1,813,209 | €1,579,248 | -€233,961 | -12.9% |
| Financial debts | 170/4 | €1,813,209 | €1,579,248 | -€233,961 | -12.9% |
| Amounts payable within one year | 42/48 | €1,374,178 | €1,371,721 | -€2,457 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €318,641 | €233,961 | -€84,680 | -26.6% |
| Financial debts | 43 | €8,439 | €10,101 | +€1,662 | +19.7% |
| Other loans | 439 | €8,439 | €10,101 | +€1,662 | +19.7% |
| Trade debts | 44 | €42,637 | €78,663 | +€36,026 | +84.5% |
| Suppliers | 440/4 | €42,637 | €78,663 | +€36,026 | +84.5% |
| Taxes, remuneration and social security | 45 | €64,253 | €64,871 | +€617 | +1.0% |
| Taxes | 450/3 | €58,153 | €60,548 | +€2,396 | +4.1% |
| Remuneration and social security | 454/9 | €6,101 | €4,323 | -€1,778 | -29.1% |
| Other amounts payable | 47/48 | €940,208 | €984,125 | +€43,917 | +4.7% |
| Accrued charges and deferred income | 492/3 | €16,609 | €16,688 | +€79 | +0.5% |
| Remuneration, social security and pensions | 62 | €91,685 | €64,328 | -€27,357 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,250 | €186,739 | +€2,489 | +1.4% |
| Other operating charges | 640/8 | €78,536 | €14,536 | -€64,000 | -81.5% |
| Gross operating margin | 9900 | €569,814 | €455,652 | -€114,161 | -20.0% |
| Operating profit (loss) | 9901 | €215,343 | €190,050 | -€25,293 | -11.7% |
| Financial income | 75/76B | €14 | €6 | -€8 | -58.4% |
| Recurring financial income | 75 | €14 | €6 | -€8 | -58.4% |
| Financial charges | 65/66B | €114,287 | €102,472 | -€11,815 | -10.3% |
| Recurring financial charges | 65 | €114,287 | €102,472 | -€11,815 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €101,070 | €87,584 | -€13,486 | -13.3% |
| Income taxes | 67/77 | €25,459 | €24,309 | -€1,150 | -4.5% |
| Profit (loss) for the period | 9904 | €75,611 | €63,275 | -€12,337 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,611 | €63,275 | -€12,337 | -16.3% |
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 18 October 2026 via checked.be.