WITWEK: 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.
WITWEK
Largest movements
- Tangible fixed assets -€6,022
down €6,022 (-10.7%), from €56,085 to €50,062
- Cash -€1,138
down €1,138 (-87.4%), from €1,303 to €165
mainly Debts within one year (-€9,486)
- Debts within one year -€9,486
down €9,486 (-25.9%), from €36,609 to €27,123
- Equity +€2,299
up €2,299 (+11.0%), from €20,820 to €23,120
- Gross operating margin +€17,155
up €17,155, from -€7,712 to €9,444
- Taxes +€479
new in 2021: €479
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,430 | €50,243 | -€7,187 | -12.5% |
| Fixed assets | 21/28 | €56,085 | €50,062 | -€6,022 | -10.7% |
| Tangible fixed assets | 22/27 | €56,085 | €50,062 | -€6,022 | -10.7% |
| Current assets | 29/58 | €1,345 | €181 | -€1,164 | -86.6% |
| Amounts receivable within one year | 40/41 | €42 | €16 | -€26 | -62.1% |
| Cash at bank and in hand | 54/58 | €1,303 | €165 | -€1,138 | -87.4% |
| Total equity and liabilities | 10/49 | €57,430 | €50,243 | -€7,187 | -12.5% |
| Equity | 10/15 | €20,820 | €23,120 | +€2,299 | +11.0% |
| Profit (loss) carried forward | 14 | -€13,417 | -€11,118 | +€2,299 | +17.1% |
| Amounts payable | 17/49 | €36,609 | €27,123 | -€9,486 | -25.9% |
| Amounts payable within one year | 42/48 | €36,609 | €27,123 | -€9,486 | -25.9% |
| Trade debts | 44 | €12,388 | - | -€12,388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,022 | €6,022 | +€0 | 0.0% |
| Gross operating margin | 9900 | -€7,712 | €9,444 | +€17,155 | |
| Operating profit (loss) | 9901 | -€14,420 | €2,973 | +€17,393 | |
| Recurring financial charges | 65 | €432 | €194 | -€237 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,852 | €2,778 | +€17,630 | |
| Income taxes | 67/77 | - | €479 | +€479 | |
| Profit (loss) for the period | 9904 | -€14,852 | €2,299 | +€17,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,852 | €2,299 | +€17,151 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.