WITVEN: what changed
Two fiscal 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.
What changed
WITVEN
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€120,189
2024 · -€145,936+€25,748
Equity
€25,811
2024 · €146,592-€120,781
Cash
€1,004
2024 · €3,231-€2,227
Balance sheet total
€664,896
2024 · €664,120+€776
Largest movements
Assets
- Stocks and contracts +€72,567
up €72,567 (+378.8%), from €19,157 to €91,723
- Receivables within one year -€50,760
down €50,760 (-44.1%), from €115,181 to €64,421
of which Trade receivables: -€52,193
- Financial fixed assets -€15,280
down €15,280 (-99.4%), from €15,379 to €99
Equity and liabilities
- Other debts +€155,434
up €155,434 (+133.1%), from €116,753 to €272,187
- Profit (loss) carried forward -€120,189
down €120,189 (-168.4%), from -€71,370 to -€191,559
- Debts after one year -€48,167
down €48,167 (-22.6%), from €213,097 to €164,930
- Trade debts +€7,446
up €7,446 (+5.5%), from €136,585 to €144,031
Income statement
- Gross operating margin -€25,609
down €25,609 (-189.7%), from -€13,500 to -€39,109
- Depreciation +€10,145
up €10,145 (+15.9%), from €63,813 to €73,959
- Other operating charges -€1,506
down €1,506 (-19.8%), from €7,604 to €6,098
- Financial charges -€909
down €909 (-36.7%), from €2,475 to €1,565
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.
Result 2024
-€145,936
Gross operating margin
-€25,609
Depreciation
-€10,145
Other operating charges
+€1,506
Other operating items
+€59,389
Financial income
-€269
Financial charges
+€909
Taxes
-€34
Result 2025
-€120,189
Cash bridge derived
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.
From operations
+€108,704
Investment
-€62,172
Financing
-€48,759
Cash 2024
€3,231
From operations (derived)
+€108,704
Net result for the year
-€120,189
Depreciation
+€73,959
Receivables after one year
+€5,333
Stocks and contracts
-€72,567
Receivables within one year
+€50,760
Deferred charges and accrued income
+€1,683
Provisions
-€31
Trade debts
+€7,446
Tax, wage and social debts
+€3,431
Other debts
+€155,434
Accrued charges and deferred income
+€3,444
Investment (derived)
-€62,172
Investment in fixed assets (net)
-€62,172
Financing
-€48,759
Debts after one year
-€48,167
Contributions, distributions and other
-€593
Cash 2025
€1,004
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €664,120 | €664,896 | +€776 | +0.1% |
| Fixed assets | 21/28 | €441,758 | €429,971 | -€11,787 | -2.7% |
| Intangible fixed assets | 21 | €4,680 | €3,510 | -€1,170 | -25.0% |
| Tangible fixed assets | 22/27 | €421,698 | €426,361 | +€4,663 | +1.1% |
| Land and buildings | 22 | €267,028 | €239,202 | -€27,826 | -10.4% |
| Plant, machinery and equipment | 23 | €38,754 | €63,876 | +€25,123 | +64.8% |
| Furniture and vehicles | 24 | €115,917 | €123,284 | +€7,367 | +6.4% |
| Financial fixed assets | 28 | €15,379 | €99 | -€15,280 | -99.4% |
| Current assets | 29/58 | €222,362 | €234,925 | +€12,563 | +5.6% |
| Amounts receivable after more than one year | 29 | €83,111 | €77,778 | -€5,333 | -6.4% |
| Trade receivables | 290 | €83,111 | €77,778 | -€5,333 | -6.4% |
| Stocks and contracts in progress | 3 | €19,157 | €91,723 | +€72,567 | +378.8% |
| Stocks | 30/36 | €19,157 | €91,723 | +€72,567 | +378.8% |
| Amounts receivable within one year | 40/41 | €115,181 | €64,421 | -€50,760 | -44.1% |
| Trade receivables | 40 | €109,607 | €57,414 | -€52,193 | -47.6% |
| Other amounts receivable | 41 | €5,574 | €7,007 | +€1,433 | +25.7% |
| Cash at bank and in hand | 54/58 | €3,231 | €1,004 | -€2,227 | -68.9% |
| Deferred charges and accrued income | 490/1 | €1,683 | €0 | -€1,683 | -100.0% |
| Total equity and liabilities | 10/49 | €664,120 | €664,896 | +€776 | +0.1% |
| Equity | 10/15 | €146,592 | €25,811 | -€120,781 | -82.4% |
| Contributions | 10/11 | €215,000 | €215,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€71,370 | -€191,559 | -€120,189 | -168.4% |
| Investment grants | 15 | €2,963 | €2,370 | -€593 | -20.0% |
| Provisions and deferred taxes | 16 | €156 | €125 | -€31 | -20.0% |
| Deferred taxes | 168 | €156 | €125 | -€31 | -20.0% |
| Amounts payable | 17/49 | €517,372 | €638,960 | +€121,588 | +23.5% |
| Amounts payable after more than one year | 17 | €213,097 | €164,930 | -€48,167 | -22.6% |
| Financial debts | 170/4 | €213,097 | €164,930 | -€48,167 | -22.6% |
| Amounts payable within one year | 42/48 | €303,540 | €469,852 | +€166,311 | +54.8% |
| Current portion of amounts payable after more than one year | 42 | €45,042 | €45,042 | = | 0.0% |
| Trade debts | 44 | €136,585 | €144,031 | +€7,446 | +5.5% |
| Suppliers | 440/4 | €136,585 | €144,031 | +€7,446 | +5.5% |
| Taxes, remuneration and social security | 45 | €5,161 | €8,592 | +€3,431 | +66.5% |
| Taxes | 450/3 | €4,811 | €1,042 | -€3,769 | -78.3% |
| Remuneration and social security | 454/9 | €350 | €7,550 | +€7,200 | +2057.1% |
| Other amounts payable | 47/48 | €116,753 | €272,187 | +€155,434 | +133.1% |
| Accrued charges and deferred income | 492/3 | €734 | €4,178 | +€3,444 | +468.9% |
| Non-recurring operating income | 76A | €15,114 | €0 | -€15,114 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,813 | €73,959 | +€10,145 | +15.9% |
| Other operating charges | 640/8 | €7,604 | €6,098 | -€1,506 | -19.8% |
| Non-recurring operating charges | 66A | €59,789 | €400 | -€59,389 | -99.3% |
| Gross operating margin | 9900 | -€13,500 | -€39,109 | -€25,609 | -189.7% |
| Operating profit (loss) | 9901 | -€144,707 | -€119,566 | +€25,141 | +17.4% |
| Financial income | 75/76B | €1,352 | €1,084 | -€269 | -19.9% |
| Recurring financial income | 75 | €1,352 | €1,084 | -€269 | -19.9% |
| Financial charges | 65/66B | €2,475 | €1,565 | -€909 | -36.7% |
| Recurring financial charges | 65 | €2,475 | €1,565 | -€909 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€145,829 | -€120,048 | +€25,782 | +17.7% |
| Transfer from deferred taxes | 780 | €31 | €31 | = | 0.0% |
| Income taxes | 67/77 | €138 | €172 | +€34 | +24.4% |
| Profit (loss) for the period | 9904 | -€145,936 | -€120,189 | +€25,748 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€145,936 | -€120,189 | +€25,748 | +17.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.