Witters Management: 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.
Witters Management
Largest movements
- Receivables within one year -€66,104
down €66,104 (-98.7%), from €67,007 to €902
of which Other amounts receivable: -€64,232
- Cash +€20,265
up €20,265 (+138%), from €14,734 to €34,999
mainly Receivables within one year (+€66,104) and Other debts (+€28,316)
- Deferred charges and accrued income +€3,500
up €3,500 (+1,000%), from €350 to €3,850
- Reserves -€71,179
down €71,179 (-97.9%), from €72,720 to €1,541
- Other debts +€28,316
up €28,316 (+189%), from €14,982 to €43,298
- Gross operating margin +€7,508
up €7,508 (+51.9%), from -€14,458 to -€6,950
- Financial income -€746
down €746 (-3.6%), from €20,746 to €20,000
- Depreciation -€570
down €570 (-12.3%), from €4,638 to €4,068
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 | €93,366 | €50,553 | -€42,814 | -45.9% |
| Fixed assets | 21/28 | €11,276 | €10,802 | -€474 | -4.2% |
| Tangible fixed assets | 22/27 | €11,275 | €10,801 | -€474 | -4.2% |
| Furniture and vehicles | 24 | €6,736 | €6,737 | +€1 | 0.0% |
| Other tangible fixed assets | 26 | €4,539 | €4,064 | -€475 | -10.5% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €82,090 | €39,751 | -€42,339 | -51.6% |
| Amounts receivable within one year | 40/41 | €67,007 | €902 | -€66,104 | -98.7% |
| Trade receivables | 40 | €2,541 | €669 | -€1,872 | -73.7% |
| Other amounts receivable | 41 | €64,466 | €233 | -€64,232 | -99.6% |
| Cash at bank and in hand | 54/58 | €14,734 | €34,999 | +€20,265 | +138% |
| Deferred charges and accrued income | 490/1 | €350 | €3,850 | +€3,500 | +1,000% |
| Total equity and liabilities | 10/49 | €93,366 | €50,553 | -€42,814 | -45.9% |
| Equity | 10/15 | €73,200 | €2,021 | -€71,179 | -97.2% |
| Contributions | 10/11 | €480 | €480 | = | 0.0% |
| Reserves | 13 | €72,720 | €1,541 | -€71,179 | -97.9% |
| Distributable reserves | 133 | €72,720 | €1,541 | -€71,179 | -97.9% |
| Amounts payable | 17/49 | €20,167 | €48,532 | +€28,365 | +141% |
| Amounts payable within one year | 42/48 | €20,167 | €48,532 | +€28,365 | +141% |
| Trade debts | 44 | €985 | €912 | -€73 | -7.4% |
| Suppliers | 440/4 | €985 | €912 | -€73 | -7.4% |
| Taxes, remuneration and social security | 45 | €4,200 | €4,322 | +€122 | +2.9% |
| Taxes | 450/3 | €4,200 | €4,322 | +€122 | +2.9% |
| Other amounts payable | 47/48 | €14,982 | €43,298 | +€28,316 | +189% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,638 | €4,068 | -€570 | -12.3% |
| Other operating charges | 640/8 | €513 | €527 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€14,458 | -€6,950 | +€7,508 | +51.9% |
| Operating profit (loss) | 9901 | -€19,609 | -€11,545 | +€8,065 | +41.1% |
| Financial income | 75/76B | €20,746 | €20,000 | -€746 | -3.6% |
| Recurring financial income | 75 | €20,746 | €20,000 | -€746 | -3.6% |
| Financial charges | 65/66B | €389 | €336 | -€53 | -13.6% |
| Recurring financial charges | 65 | €389 | €336 | -€53 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €747 | €8,119 | +€7,372 | +986% |
| Income taxes | 67/77 | €68 | - | -€68 | |
| Profit (loss) for the period | 9904 | €679 | €8,119 | +€7,440 | +1,095% |
| Profit (loss) for the period to be appropriated | 9905 | €679 | €8,119 | +€7,440 | +1,095% |
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.