WITTEVRONGEL AGRO: 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 AGRO
Largest movements
- Cash +€60,278
up €60,278 (+63.4%), from €95,088 to €155,367
mainly Depreciation (+€95,129) and Net result for the year (+€73,599)
- Tangible fixed assets -€42,651
down €42,651 (-9.4%), from €455,158 to €412,507
of which Furniture and vehicles: -€37,996
- Intangible fixed assets -€10,000
down €10,000 (-12.5%), from €80,082 to €70,082
- Receivables within one year +€7,773
up €7,773 (+12.2%), from €63,718 to €71,491
- Debts after one year -€88,050
down €88,050 (-28.8%), from €305,332 to €217,282
- Reserves +€73,599
up €73,599 (+48.7%), from €151,217 to €224,817
- Trade debts +€31,127
up €31,127 (+176%), from €17,694 to €48,821
- Current portion of long-term debt -€27,736
down €27,736 (-19.3%), from €143,486 to €115,750
- Tax, wage and social debts +€27,412
up €27,412 (+59.1%), from €46,409 to €73,821
of which Taxes: +€25,646
- Gross operating margin +€25,385
up €25,385 (+11.3%), from €225,069 to €250,454
- Staff costs +€10,150
up €10,150 (+36.2%), from €28,001 to €38,151
- Taxes +€5,068
up €5,068 (+21.2%), from €23,933 to €29,002
- Depreciation +€4,723
up €4,723 (+5.2%), from €90,407 to €95,129
- Financial income +€4,631
up €4,631 (+405%), from €1,144 to €5,775
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 | €720,410 | €736,386 | +€15,976 | +2.2% |
| Fixed assets | 21/28 | €535,240 | €482,590 | -€52,651 | -9.8% |
| Intangible fixed assets | 21 | €80,082 | €70,082 | -€10,000 | -12.5% |
| Tangible fixed assets | 22/27 | €455,158 | €412,507 | -€42,651 | -9.4% |
| Land and buildings | 22 | €208,791 | €199,728 | -€9,063 | -4.3% |
| Plant, machinery and equipment | 23 | €9,508 | €13,916 | +€4,408 | +46.4% |
| Furniture and vehicles | 24 | €236,859 | €198,863 | -€37,996 | -16.0% |
| Current assets | 29/58 | €185,170 | €253,797 | +€68,627 | +37.1% |
| Stocks and contracts in progress | 3 | €24,907 | €26,568 | +€1,661 | +6.7% |
| Stocks | 30/36 | €24,907 | €26,568 | +€1,661 | +6.7% |
| Amounts receivable within one year | 40/41 | €63,718 | €71,491 | +€7,773 | +12.2% |
| Trade receivables | 40 | €63,718 | €71,491 | +€7,773 | +12.2% |
| Cash at bank and in hand | 54/58 | €95,088 | €155,367 | +€60,278 | +63.4% |
| Deferred charges and accrued income | 490/1 | €1,456 | €371 | -€1,086 | -74.5% |
| Total equity and liabilities | 10/49 | €720,410 | €736,386 | +€15,976 | +2.2% |
| Equity | 10/15 | €154,217 | €227,817 | +€73,599 | +47.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €151,217 | €224,817 | +€73,599 | +48.7% |
| Distributable reserves | 133 | €151,217 | €224,817 | +€73,599 | +48.7% |
| Amounts payable | 17/49 | €566,193 | €508,569 | -€57,623 | -10.2% |
| Amounts payable after more than one year | 17 | €305,332 | €217,282 | -€88,050 | -28.8% |
| Financial debts | 170/4 | €305,332 | €217,282 | -€88,050 | -28.8% |
| Amounts payable within one year | 42/48 | €260,861 | €291,288 | +€30,427 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €143,486 | €115,750 | -€27,736 | -19.3% |
| Trade debts | 44 | €17,694 | €48,821 | +€31,127 | +176% |
| Suppliers | 440/4 | €17,694 | €48,821 | +€31,127 | +176% |
| Taxes, remuneration and social security | 45 | €46,409 | €73,821 | +€27,412 | +59.1% |
| Taxes | 450/3 | €42,735 | €68,381 | +€25,646 | +60.0% |
| Remuneration and social security | 454/9 | €3,674 | €5,440 | +€1,766 | +48.1% |
| Other amounts payable | 47/48 | €53,271 | €52,895 | -€376 | -0.7% |
| Remuneration, social security and pensions | 62 | €28,001 | €38,151 | +€10,150 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,407 | €95,129 | +€4,723 | +5.2% |
| Other operating charges | 640/8 | €8,674 | €10,187 | +€1,512 | +17.4% |
| Gross operating margin | 9900 | €225,069 | €250,454 | +€25,385 | +11.3% |
| Operating profit (loss) | 9901 | €97,987 | €106,987 | +€8,999 | +9.2% |
| Financial income | 75/76B | €1,144 | €5,775 | +€4,631 | +405% |
| Recurring financial income | 75 | €1,144 | €5,775 | +€4,631 | +405% |
| Financial charges | 65/66B | €12,298 | €10,160 | -€2,138 | -17.4% |
| Recurring financial charges | 65 | €12,298 | €10,160 | -€2,138 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €86,833 | €102,601 | +€15,768 | +18.2% |
| Income taxes | 67/77 | €23,933 | €29,002 | +€5,068 | +21.2% |
| Profit (loss) for the period | 9904 | €62,900 | €73,599 | +€10,700 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,900 | €73,599 | +€10,700 | +17.0% |
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 29 October 2026 via checked.be.