Wittevrongel: 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.
Wittevrongel
Largest movements
- Current investments +€500,000
up €500,000 (+165.6%), from €301,897 to €801,897
- Receivables within one year -€67,226
down €67,226 (-23.3%), from €288,067 to €220,840
of which Other amounts receivable: -€83,948
- Cash -€52,286
down €52,286 (-5.0%), from €1.0m to €984,418
mainly Contributions, distributions and other (-€845,200) and Current investments (-€500,000)
- Other debts +€390,200
up €390,200 (+85.8%), from €455,000 to €845,200
- Profit (loss) carried forward -€68,950
down €68,950 (-5.5%), from €1.3m to €1.2m
- Tax, wage and social debts +€50,474
up €50,474 (+277.5%), from €18,186 to €68,659
of which Taxes: +€35,622
- Trade debts +€47,538
up €47,538 (+241.5%), from €19,681 to €67,219
- Taxes +€38,306
up €38,306 (+36.6%), from €104,799 to €143,104
- Gross operating margin +€22,503
up €22,503 (+1.9%), from €1.2m to €1.2m
- Financial income +€21,439
up €21,439 (+189.7%), from €11,304 to €32,744
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 | €1,809,627 | €2,209,975 | +€400,349 | +22.1% |
| Fixed assets | 21/28 | €162,228 | €181,091 | +€18,863 | +11.6% |
| Tangible fixed assets | 22/27 | €162,228 | €181,091 | +€18,863 | +11.6% |
| Land and buildings | 22 | €78,377 | €78,667 | +€289 | +0.4% |
| Plant, machinery and equipment | 23 | €64,830 | €93,242 | +€28,412 | +43.8% |
| Furniture and vehicles | 24 | €19,020 | €9,182 | -€9,838 | -51.7% |
| Current assets | 29/58 | €1,647,399 | €2,028,884 | +€381,486 | +23.2% |
| Stocks and contracts in progress | 3 | €12,998 | €15,536 | +€2,538 | +19.5% |
| Stocks | 30/36 | €12,998 | €15,536 | +€2,538 | +19.5% |
| Amounts receivable within one year | 40/41 | €288,067 | €220,840 | -€67,226 | -23.3% |
| Trade receivables | 40 | €24,375 | €41,098 | +€16,722 | +68.6% |
| Other amounts receivable | 41 | €263,691 | €179,743 | -€83,948 | -31.8% |
| Current investments | 50/53 | €301,897 | €801,897 | +€500,000 | +165.6% |
| Cash at bank and in hand | 54/58 | €1,036,704 | €984,418 | -€52,286 | -5.0% |
| Deferred charges and accrued income | 490/1 | €7,733 | €6,193 | -€1,541 | -19.9% |
| Total equity and liabilities | 10/49 | €1,809,627 | €2,209,975 | +€400,349 | +22.1% |
| Equity | 10/15 | €1,284,756 | €1,215,807 | -€68,950 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,264,296 | €1,195,347 | -€68,950 | -5.5% |
| Amounts payable | 17/49 | €524,870 | €994,169 | +€469,299 | +89.4% |
| Amounts payable after more than one year | 17 | €7,549 | - | -€7,549 | |
| Financial debts | 170/4 | €7,549 | - | -€7,549 | |
| Amounts payable within one year | 42/48 | €502,848 | €988,627 | +€485,779 | +96.6% |
| Current portion of amounts payable after more than one year | 42 | €9,982 | €7,549 | -€2,433 | -24.4% |
| Trade debts | 44 | €19,681 | €67,219 | +€47,538 | +241.5% |
| Suppliers | 440/4 | €19,681 | €67,219 | +€47,538 | +241.5% |
| Taxes, remuneration and social security | 45 | €18,186 | €68,659 | +€50,474 | +277.5% |
| Taxes | 450/3 | €3,406 | €39,028 | +€35,622 | +1045.9% |
| Remuneration and social security | 454/9 | €14,780 | €29,632 | +€14,852 | +100.5% |
| Other amounts payable | 47/48 | €455,000 | €845,200 | +€390,200 | +85.8% |
| Accrued charges and deferred income | 492/3 | €14,473 | €5,541 | -€8,932 | -61.7% |
| Non-recurring operating income | 76A | €7,400 | - | -€7,400 | |
| Remuneration, social security and pensions | 62 | €243,215 | €232,272 | -€10,942 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,370 | €35,576 | +€2,206 | +6.6% |
| Other operating charges | 640/8 | €16,349 | €15,933 | -€416 | -2.5% |
| Gross operating margin | 9900 | €1,160,793 | €1,183,296 | +€22,503 | +1.9% |
| Operating profit (loss) | 9901 | €867,860 | €899,515 | +€31,656 | +3.6% |
| Financial income | 75/76B | €11,304 | €32,744 | +€21,439 | +189.7% |
| Recurring financial income | 75 | €11,304 | €32,744 | +€21,439 | +189.7% |
| Financial charges | 65/66B | €11,446 | €12,904 | +€1,459 | +12.7% |
| Recurring financial charges | 65 | €11,446 | €12,904 | +€1,459 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €867,718 | €919,354 | +€51,636 | +6.0% |
| Income taxes | 67/77 | €104,799 | €143,104 | +€38,306 | +36.6% |
| Profit (loss) for the period | 9904 | €762,920 | €776,250 | +€13,331 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €762,920 | €776,250 | +€13,331 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.