WITTOUCK: 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.
WITTOUCK
Largest movements
- Receivables within one year -€20,503
down €20,503 (-71.8%), from €28,539 to €8,036
of which Other amounts receivable: -€20,005
- Cash +€9,990
up €9,990 (+19.9%), from €50,317 to €60,307
mainly Other debts (+€26,953) and Receivables within one year (+€20,503)
- Tangible fixed assets -€5,395
down €5,395 (-33.8%), from €15,983 to €10,589
of which Other tangible fixed assets: -€4,039
- Deferred charges and accrued income +€2,953
up €2,953 (+137%), from €2,154 to €5,106
- Stocks and contracts -€1,809
down €1,809 (-16.4%), from €11,018 to €9,209
- Reserves -€40,540
down €40,540 (-48.7%), from €83,220 to €42,680
- Other debts +€26,953
up €26,953 (+1,685%), from €1,600 to €28,553
- Trade debts -€1,401
down €1,401 (-10.3%), from €13,643 to €12,242
- Gross operating margin +€10,242
up €10,242 (+53.3%), from €19,224 to €29,466
- Taxes +€1,969
up €1,969 (+60.5%), from €3,255 to €5,224
- Financial charges +€390
up €390 (+19.0%), from €2,052 to €2,442
- Other operating charges +€360
up €360 (+15.2%), from €2,366 to €2,726
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 | €108,010 | €93,247 | -€14,764 | -13.7% |
| Fixed assets | 21/28 | €15,983 | €10,589 | -€5,395 | -33.8% |
| Tangible fixed assets | 22/27 | €15,983 | €10,589 | -€5,395 | -33.8% |
| Plant, machinery and equipment | 23 | €4,881 | €4,646 | -€235 | -4.8% |
| Furniture and vehicles | 24 | €3,439 | €2,318 | -€1,121 | -32.6% |
| Other tangible fixed assets | 26 | €7,664 | €3,625 | -€4,039 | -52.7% |
| Current assets | 29/58 | €92,027 | €82,658 | -€9,369 | -10.2% |
| Stocks and contracts in progress | 3 | €11,018 | €9,209 | -€1,809 | -16.4% |
| Stocks | 30/36 | €11,018 | €9,209 | -€1,809 | -16.4% |
| Amounts receivable within one year | 40/41 | €28,539 | €8,036 | -€20,503 | -71.8% |
| Trade receivables | 40 | €6,125 | €5,627 | -€498 | -8.1% |
| Other amounts receivable | 41 | €22,414 | €2,409 | -€20,005 | -89.3% |
| Cash at bank and in hand | 54/58 | €50,317 | €60,307 | +€9,990 | +19.9% |
| Deferred charges and accrued income | 490/1 | €2,154 | €5,106 | +€2,953 | +137% |
| Total equity and liabilities | 10/49 | €108,010 | €93,247 | -€14,764 | -13.7% |
| Equity | 10/15 | €91,237 | €50,697 | -€40,540 | -44.4% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €83,220 | €42,680 | -€40,540 | -48.7% |
| Distributable reserves | 133 | €83,220 | €42,680 | -€40,540 | -48.7% |
| Profit (loss) carried forward | 14 | €581 | €581 | = | 0.0% |
| Amounts payable | 17/49 | €16,773 | €42,550 | +€25,777 | +154% |
| Amounts payable within one year | 42/48 | €16,773 | €42,550 | +€25,777 | +154% |
| Trade debts | 44 | €13,643 | €12,242 | -€1,401 | -10.3% |
| Suppliers | 440/4 | €13,643 | €12,242 | -€1,401 | -10.3% |
| Taxes, remuneration and social security | 45 | €1,530 | €1,754 | +€224 | +14.7% |
| Taxes | 450/3 | €1,530 | €1,754 | +€224 | +14.7% |
| Other amounts payable | 47/48 | €1,600 | €28,553 | +€26,953 | +1,685% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,395 | €5,395 | = | 0.0% |
| Other operating charges | 640/8 | €2,366 | €2,726 | +€360 | +15.2% |
| Gross operating margin | 9900 | €19,224 | €29,466 | +€10,242 | +53.3% |
| Operating profit (loss) | 9901 | €11,463 | €21,345 | +€9,882 | +86.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,052 | €2,442 | +€390 | +19.0% |
| Recurring financial charges | 65 | €2,052 | €2,442 | +€390 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €9,411 | €18,904 | +€9,493 | +101% |
| Income taxes | 67/77 | €3,255 | €5,224 | +€1,969 | +60.5% |
| Profit (loss) for the period | 9904 | €6,156 | €13,680 | +€7,524 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €6,156 | €13,680 | +€7,524 | +122% |
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 20 October 2026 via checked.be.