Wittevrouw - Smets: 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.
Wittevrouw - Smets
Largest movements
- Cash -€23,164
down €23,164 (-43.1%), from €53,727 to €30,563
mainly Contributions, distributions and other (-€33,508) and Tax, wage and social debts (-€908)
- Reserves -€25,942
down €25,942 (-60.1%), from €43,140 to €17,199
- Other debts +€3,232
up €3,232, from €0 to €3,232
- Tax, wage and social debts -€908
down €908 (-2.8%), from €32,929 to €32,020
of which Taxes: -€4,608
- Gross operating margin +€9,082
up €9,082 (+31.3%), from €29,010 to €38,091
- Taxes +€2,217
up €2,217 (+311%), from €714 to €2,930
- Staff costs +€1,242
up €1,242 (+4.8%), from €26,008 to €27,250
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 | €76,205 | €52,858 | -€23,347 | -30.6% |
| Current assets | 29/58 | €76,205 | €52,858 | -€23,347 | -30.6% |
| Amounts receivable within one year | 40/41 | €16,229 | €16,039 | -€191 | -1.2% |
| Trade receivables | 40 | €13,673 | €13,752 | +€79 | +0.6% |
| Other amounts receivable | 41 | €2,556 | €2,286 | -€270 | -10.6% |
| Current investments | 50/53 | €6,005 | €6,005 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,727 | €30,563 | -€23,164 | -43.1% |
| Deferred charges and accrued income | 490/1 | €244 | €251 | +€7 | +2.9% |
| Total equity and liabilities | 10/49 | €76,205 | €52,858 | -€23,347 | -30.6% |
| Equity | 10/15 | €43,140 | €17,199 | -€25,942 | -60.1% |
| Reserves | 13 | €43,140 | €17,199 | -€25,942 | -60.1% |
| Distributable reserves | 133 | €43,140 | €17,199 | -€25,942 | -60.1% |
| Amounts payable | 17/49 | €33,065 | €35,659 | +€2,594 | +7.8% |
| Amounts payable within one year | 42/48 | €33,065 | €35,659 | +€2,594 | +7.8% |
| Trade debts | 44 | €136 | €407 | +€271 | +199% |
| Suppliers | 440/4 | €136 | €407 | +€271 | +199% |
| Taxes, remuneration and social security | 45 | €32,929 | €32,020 | -€908 | -2.8% |
| Taxes | 450/3 | €11,446 | €6,838 | -€4,608 | -40.3% |
| Remuneration and social security | 454/9 | €21,483 | €25,182 | +€3,700 | +17.2% |
| Other amounts payable | 47/48 | €0 | €3,232 | +€3,232 | |
| Remuneration, social security and pensions | 62 | €26,008 | €27,250 | +€1,242 | +4.8% |
| Other operating charges | 640/8 | €232 | €66 | -€166 | -71.7% |
| Gross operating margin | 9900 | €29,010 | €38,091 | +€9,082 | +31.3% |
| Operating profit (loss) | 9901 | €2,770 | €10,776 | +€8,006 | +289% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €178 | €279 | +€101 | +57.1% |
| Recurring financial charges | 65 | €178 | €279 | +€101 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €2,593 | €10,497 | +€7,904 | +305% |
| Income taxes | 67/77 | €714 | €2,930 | +€2,217 | +311% |
| Profit (loss) for the period | 9904 | €1,879 | €7,567 | +€5,688 | +303% |
| Profit (loss) for the period to be appropriated | 9905 | €1,879 | €7,567 | +€5,688 | +303% |
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 21 October 2026 via checked.be.