Wittevrongel-Technics: 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-Technics
Largest movements
- Stocks and contracts +€18,386
up €18,386 (+2,007%), from €916 to €19,302
- Receivables within one year -€11,323
down €11,323 (-36.0%), from €31,429 to €20,106
of which Trade receivables: -€18,398
- Tangible fixed assets +€9,608
up €9,608 (+12.1%), from €79,521 to €89,129
of which Plant, machinery and equipment: +€14,094
- Cash -€3,954
down €3,954 (-39.9%), from €9,920 to €5,966
mainly Investment in fixed assets (net) (-€22,649) and Trade debts (-€18,883)
- Reserves +€33,593
up €33,593 (+63.0%), from €53,339 to €86,932
- Trade debts -€18,883
down €18,883 (-95.4%), from €19,800 to €917
- Current portion of long-term debt -€5,696
no longer reported in 2025 (was €5,696)
- Other debts +€2,626
up €2,626 (+8.8%), from €29,787 to €32,413
- Gross operating margin +€44,714
up €44,714 (+295%), from €15,152 to €59,866
- Taxes +€11,226
up €11,226 (+1,471%), from €763 to €11,989
- Depreciation +€3,843
up €3,843 (+41.8%), from €9,198 to €13,041
- Financial income +€1,377
new in 2025: €1,377
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 | €121,785 | €135,212 | +€13,427 | +11.0% |
| Fixed assets | 21/28 | €79,521 | €89,129 | +€9,608 | +12.1% |
| Tangible fixed assets | 22/27 | €79,521 | €89,129 | +€9,608 | +12.1% |
| Land and buildings | 22 | €79,521 | €70,322 | -€9,198 | -11.6% |
| Plant, machinery and equipment | 23 | - | €14,094 | +€14,094 | |
| Furniture and vehicles | 24 | - | €4,712 | +€4,712 | |
| Current assets | 29/58 | €42,264 | €46,083 | +€3,819 | +9.0% |
| Stocks and contracts in progress | 3 | €916 | €19,302 | +€18,386 | +2,007% |
| Stocks | 30/36 | €916 | €19,302 | +€18,386 | +2,007% |
| Amounts receivable within one year | 40/41 | €31,429 | €20,106 | -€11,323 | -36.0% |
| Trade receivables | 40 | €30,968 | €12,571 | -€18,398 | -59.4% |
| Other amounts receivable | 41 | €461 | €7,536 | +€7,075 | +1,536% |
| Cash at bank and in hand | 54/58 | €9,920 | €5,966 | -€3,954 | -39.9% |
| Deferred charges and accrued income | 490/1 | - | €709 | +€709 | |
| Total equity and liabilities | 10/49 | €121,785 | €135,212 | +€13,427 | +11.0% |
| Equity | 10/15 | €65,739 | €99,332 | +€33,593 | +51.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €53,339 | €86,932 | +€33,593 | +63.0% |
| Distributable reserves | 133 | €53,339 | €86,932 | +€33,593 | +63.0% |
| Amounts payable | 17/49 | €56,046 | €35,880 | -€20,167 | -36.0% |
| Amounts payable within one year | 42/48 | €56,046 | €35,880 | -€20,167 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €5,696 | - | -€5,696 | |
| Financial debts | 43 | - | €561 | +€561 | |
| Credit institutions | 430/8 | - | €561 | +€561 | |
| Trade debts | 44 | €19,800 | €917 | -€18,883 | -95.4% |
| Suppliers | 440/4 | €19,800 | €917 | -€18,883 | -95.4% |
| Taxes, remuneration and social security | 45 | €763 | €1,989 | +€1,226 | +161% |
| Taxes | 450/3 | €763 | €1,989 | +€1,226 | +161% |
| Other amounts payable | 47/48 | €29,787 | €32,413 | +€2,626 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,198 | €13,041 | +€3,843 | +41.8% |
| Other operating charges | 640/8 | €1,089 | €1,381 | +€292 | +26.8% |
| Gross operating margin | 9900 | €15,152 | €59,866 | +€44,714 | +295% |
| Operating profit (loss) | 9901 | €4,864 | €45,443 | +€40,579 | +834% |
| Financial income | 75/76B | - | €1,377 | +€1,377 | |
| Recurring financial income | 75 | - | €1,377 | +€1,377 | |
| Financial charges | 65/66B | €819 | €1,237 | +€419 | +51.2% |
| Recurring financial charges | 65 | €819 | €1,237 | +€419 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €4,045 | €45,583 | +€41,537 | +1,027% |
| Income taxes | 67/77 | €763 | €11,989 | +€11,226 | +1,471% |
| Profit (loss) for the period | 9904 | €3,282 | €33,593 | +€30,311 | +924% |
| Profit (loss) for the period to be appropriated | 9905 | €3,282 | €33,593 | +€30,311 | +924% |
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 25 October 2026 via checked.be.