WITTEXCO: what changed
WITTEXCO
Largest movements
- Cash -€76,749
down €76,749 (-94.8%), from €80,968 to €4,218
mainly Receivables within one year (-€75,996) and Tax, wage and social debts (-€5,739)
- Receivables within one year +€75,996
up €75,996 (+164%), from €46,423 to €122,419
of which Trade receivables: +€45,000
- Financial fixed assets +€2,450
new in 2025: €2,450
- Profit (loss) carried forward +€11,749
up €11,749 (+10.9%), from €108,177 to €119,926
- Tax, wage and social debts -€5,739
down €5,739 (-57.3%), from €10,016 to €4,277
- Other debts -€3,926
no longer reported in 2025 (was €3,926)
- Gross operating margin -€992
down €992 (-4.3%), from €23,111 to €22,120
- Taxes -€467
down €467 (-9.9%), from €4,744 to €4,277
- Other operating charges +€392
up €392 (+6.9%), from €5,657 to €6,049
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,706 | €192,403 | +€1,697 | +0.9% |
| Fixed assets | 21/28 | €63,315 | €65,765 | +€2,450 | +3.9% |
| Tangible fixed assets | 22/27 | €63,315 | €63,315 | = | 0.0% |
| Land and buildings | 22 | €63,315 | €63,315 | = | 0.0% |
| Financial fixed assets | 28 | - | €2,450 | +€2,450 | |
| Current assets | 29/58 | €127,391 | €126,638 | -€753 | -0.6% |
| Amounts receivable within one year | 40/41 | €46,423 | €122,419 | +€75,996 | +164% |
| Trade receivables | 40 | - | €45,000 | +€45,000 | |
| Other amounts receivable | 41 | €46,423 | €77,419 | +€30,996 | +66.8% |
| Cash at bank and in hand | 54/58 | €80,968 | €4,218 | -€76,749 | -94.8% |
| Total equity and liabilities | 10/49 | €190,706 | €192,403 | +€1,697 | +0.9% |
| Equity | 10/15 | €176,377 | €188,126 | +€11,749 | +6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,177 | €119,926 | +€11,749 | +10.9% |
| Amounts payable | 17/49 | €14,329 | €4,277 | -€10,052 | -70.2% |
| Amounts payable within one year | 42/48 | €13,942 | €4,277 | -€9,665 | -69.3% |
| Taxes, remuneration and social security | 45 | €10,016 | €4,277 | -€5,739 | -57.3% |
| Taxes | 450/3 | €10,016 | €4,277 | -€5,739 | -57.3% |
| Other amounts payable | 47/48 | €3,926 | - | -€3,926 | |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Other operating charges | 640/8 | €5,657 | €6,049 | +€392 | +6.9% |
| Gross operating margin | 9900 | €23,111 | €22,120 | -€992 | -4.3% |
| Operating profit (loss) | 9901 | €17,454 | €16,071 | -€1,383 | -7.9% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €17,411 | €16,026 | -€1,385 | -8.0% |
| Income taxes | 67/77 | €4,744 | €4,277 | -€467 | -9.9% |
| Profit (loss) for the period | 9904 | €12,666 | €11,749 | -€917 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,666 | €11,749 | -€917 | -7.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.