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J.P. WILLEMS: value indication

Line	Code	31-12-2024	31-12-2025	Change	%
Total assets	20/58	€4,337,720	€4,422,134	+€84,414	+1.9%
Fixed assets	21/28	€2,847,638	€2,632,905	-€214,734	-7.5%
Tangible fixed assets	22/27	€2,696,423	€2,481,690	-€214,734	-8.0%
Land and buildings	22	€2,124,270	€2,023,060	-€101,211	-4.8%
Plant, machinery and equipment	23	€34,998	€16,288	-€18,710	-53.5%
Furniture and vehicles	24	€537,155	€442,342	-€94,813	-17.7%
Financial fixed assets	28	€151,215	€151,215	=	0.0%
Current assets	29/58	€1,490,081	€1,789,229	+€299,148	+20.1%
Amounts receivable after more than one year	29	-	€210,000	+€210,000
Trade receivables	290	-	€210,000	+€210,000
Amounts receivable within one year	40/41	€364,433	€896,073	+€531,639	+146%
Trade receivables	40	€301,514	€261,762	-€39,752	-13.2%
Other amounts receivable	41	€62,920	€634,311	+€571,391	+908%
Current investments	50/53	€574,368	€26,774	-€547,594	-95.3%
Cash at bank and in hand	54/58	€546,266	€656,382	+€110,116	+20.2%
Deferred charges and accrued income	490/1	€5,015	-	-€5,015
Total equity and liabilities	10/49	€4,337,720	€4,422,134	+€84,414	+1.9%
Equity	10/15	€3,891,688	€4,099,078	+€207,390	+5.3%
Contributions	10/11	€20,000	€20,000	=	0.0%
Revaluation surpluses	12	€231,808	€231,808	=	0.0%
Reserves	13	€289,154	€284,670	-€4,484	-1.6%
Non-distributable reserves	130/1	€2,000	€2,000	=	0.0%
Reserves not available under the articles	1311	€2,000	€2,000	=	0.0%
Tax-exempt reserves	132	€287,154	€282,670	-€4,484	-1.6%
Profit (loss) carried forward	14	€3,350,726	€3,562,601	+€211,875	+6.3%
Provisions and deferred taxes	16	€2,310	-	-€2,310
Deferred taxes	168	€2,310	-	-€2,310
Amounts payable	17/49	€443,722	€323,055	-€120,666	-27.2%
Amounts payable after more than one year	17	€320,000	€270,000	-€50,000	-15.6%
Financial debts	170/4	€320,000	€270,000	-€50,000	-15.6%
Amounts payable within one year	42/48	€123,722	€50,555	-€73,166	-59.1%
Financial debts	43	€6,404	-	-€6,404
Credit institutions	430/8	€6,404	-	-€6,404
Trade debts	44	€108,502	€14,090	-€94,412	-87.0%
Suppliers	440/4	€108,502	€14,090	-€94,412	-87.0%
Taxes, remuneration and social security	45	€4,806	€18,464	+€13,659	+284%
Taxes	450/3	€1,922	€10,886	+€8,965	+466%
Remuneration and social security	454/9	€2,884	€7,578	+€4,694	+163%
Other amounts payable	47/48	€4,010	€18,001	+€13,990	+349%
Accrued charges and deferred income	492/3	-	€2,500	+€2,500
Remuneration, social security and pensions	62	€314,281	€295,330	-€18,950	-6.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	€268,157	€246,202	-€21,955	-8.2%
Other operating charges	640/8	€147,970	€96,049	-€51,921	-35.1%
Gross operating margin	9900	€1,036,219	€903,198	-€133,021	-12.8%
Operating profit (loss)	9901	€305,811	€265,617	-€40,194	-13.1%
Financial income	75/76B	€16,987	€14,170	-€2,816	-16.6%
Recurring financial income	75	€16,987	€14,170	-€2,816	-16.6%
Financial charges	65/66B	€6,874	€3,524	-€3,350	-48.7%
Recurring financial charges	65	€6,874	€3,524	-€3,350	-48.7%
Profit (loss) for the period before taxes	9903	€315,924	€276,263	-€39,661	-12.6%
Transfer from deferred taxes	780	€2,978	€2,310	-€668	-22.4%
Income taxes	67/77	€80,890	€71,183	-€9,707	-12.0%
Profit (loss) for the period	9904	€238,012	€207,390	-€30,622	-12.9%
Transfer from tax-exempt reserves	789	€5,782	€4,484	-€1,297	-22.4%
Profit (loss) for the period to be appropriated	9905	€243,793	€211,875	-€31,919	-13.1%

J.P. WILLEMS: value indication

J.P. WILLEMS: value indication

Position among the sector peers

What moved between 31-12-2024 and 31-12-2025

Largest movements

Change in the result, 31-12-2024 to 31-12-2025

Derived cash bridge

Value

Indicative value of the equity

Adjusted equity

Capitalised earnings

Your EBITDA multiple

Limits of the indication

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