WITVROUWEN SOFTWARE SERVICES: 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.
WITVROUWEN SOFTWARE SERVICES
Largest movements
- Cash +€38,737
up €38,737 (+208.9%), from €18,542 to €57,278
mainly Net result for the year (+€38,303) and Depreciation (+€16,678)
- Tangible fixed assets -€17,499
down €17,499 (-25.5%), from €68,631 to €51,132
of which Furniture and vehicles: -€16,961
- Receivables within one year +€2,568
up €2,568 (+24.1%), from €10,670 to €13,238
of which Other amounts receivable: +€2,388
- Reserves +€36,637
up €36,637 (+21.4%), from €170,949 to €207,586
- Debts after one year -€7,610
down €7,610 (-53.5%), from €14,217 to €6,608
- Current portion of long-term debt -€6,477
down €6,477 (-46.0%), from €14,087 to €7,610
- Tax, wage and social debts +€2,829
up €2,829 (+24.7%), from €11,438 to €14,267
- Gross operating margin +€2,736
up €2,736 (+3.7%), from €74,112 to €76,848
- Taxes +€2,207
up €2,207 (+11.6%), from €18,974 to €21,181
- Other operating charges -€1,788
down €1,788 (-59.1%), from €3,023 to €1,235
- Financial charges -€1,521
down €1,521 (-56.4%), from €2,699 to €1,178
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,024 | €245,556 | +€24,532 | +11.1% |
| Fixed assets | 21/28 | €68,631 | €51,132 | -€17,499 | -25.5% |
| Tangible fixed assets | 22/27 | €68,631 | €51,132 | -€17,499 | -25.5% |
| Plant, machinery and equipment | 23 | €60 | €0 | -€60 | -100.0% |
| Furniture and vehicles | 24 | €67,501 | €50,540 | -€16,961 | -25.1% |
| Other tangible fixed assets | 26 | €1,070 | €593 | -€478 | -44.6% |
| Current assets | 29/58 | €152,393 | €194,424 | +€42,031 | +27.6% |
| Amounts receivable after more than one year | 29 | €117,500 | €117,500 | = | 0.0% |
| Other amounts receivable | 291 | €117,500 | €117,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,670 | €13,238 | +€2,568 | +24.1% |
| Trade receivables | 40 | €10,670 | €10,850 | +€180 | +1.7% |
| Other amounts receivable | 41 | €0 | €2,388 | +€2,388 | |
| Cash at bank and in hand | 54/58 | €18,542 | €57,278 | +€38,737 | +208.9% |
| Deferred charges and accrued income | 490/1 | €5,681 | €6,407 | +€726 | +12.8% |
| Total equity and liabilities | 10/49 | €221,024 | €245,556 | +€24,532 | +11.1% |
| Equity | 10/15 | €177,155 | €213,791 | +€36,637 | +20.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €170,949 | €207,586 | +€36,637 | +21.4% |
| Distributable reserves | 133 | €170,949 | €207,586 | +€36,637 | +21.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,869 | €31,765 | -€12,105 | -27.6% |
| Amounts payable after more than one year | 17 | €14,217 | €6,608 | -€7,610 | -53.5% |
| Financial debts | 170/4 | €14,217 | €6,608 | -€7,610 | -53.5% |
| Amounts payable within one year | 42/48 | €29,652 | €25,157 | -€4,495 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €14,087 | €7,610 | -€6,477 | -46.0% |
| Trade debts | 44 | €1,160 | €1,614 | +€455 | +39.2% |
| Suppliers | 440/4 | €1,160 | €1,614 | +€455 | +39.2% |
| Taxes, remuneration and social security | 45 | €11,438 | €14,267 | +€2,829 | +24.7% |
| Taxes | 450/3 | €11,438 | €14,267 | +€2,829 | +24.7% |
| Other amounts payable | 47/48 | €2,968 | €1,666 | -€1,302 | -43.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €17,989 | €0 | -€17,989 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,786 | €16,678 | -€109 | -0.6% |
| Other operating charges | 640/8 | €3,023 | €1,235 | -€1,788 | -59.1% |
| Non-recurring operating charges | 66A | €10 | €1,528 | +€1,518 | +15289.8% |
| Gross operating margin | 9900 | €74,112 | €76,848 | +€2,736 | +3.7% |
| Operating profit (loss) | 9901 | €54,292 | €57,407 | +€3,114 | +5.7% |
| Financial income | 75/76B | €3,608 | €3,255 | -€352 | -9.8% |
| Recurring financial income | 75 | €3,608 | €3,255 | -€352 | -9.8% |
| Financial charges | 65/66B | €2,699 | €1,178 | -€1,521 | -56.4% |
| Recurring financial charges | 65 | €2,699 | €1,178 | -€1,521 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €55,201 | €59,484 | +€4,283 | +7.8% |
| Income taxes | 67/77 | €18,974 | €21,181 | +€2,207 | +11.6% |
| Profit (loss) for the period | 9904 | €36,227 | €38,303 | +€2,076 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,227 | €38,303 | +€2,076 | +5.7% |
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 3 October 2026 via checked.be.