CONSTRUCTIEWERKEN ROGER WILLEMS: 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.
What changed
CONSTRUCTIEWERKEN ROGER WILLEMS
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€37,890
2024 · €35,931+€1,959
Equity
€335,867
2024 · €297,977+€37,890
Cash
€9,058
2024 · €74,457-€65,399
Balance sheet total
€491,718
2024 · €574,378-€82,660
Largest movements
Assets
- Cash -€65,399
down €65,399 (-87.8%), from €74,457 to €9,058
mainly Trade debts (-€117,358) and Investment in fixed assets (net) (-€6,578)
- Deferred charges and accrued income -€16,117
down €16,117 (-59.2%), from €27,217 to €11,100
Equity and liabilities
- Trade debts -€117,358
down €117,358 (-64.3%), from €182,590 to €65,233
- Profit (loss) carried forward +€37,890
up €37,890 (+14.6%), from €259,477 to €297,367
Income statement
- Gross operating margin +€9,740
up €9,740 (+2.1%), from €467,362 to €477,102
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
€35,931
Gross operating margin
+€9,740
Staff costs
-€3,494
Depreciation
-€166
Other operating charges
-€2,065
Financial income
-€25
Financial charges
+€74
Taxes
-€2,105
Result 2025
€37,890
raises the resultlowers the result
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.
From operations
-€56,296
Investment
-€6,578
Financing
-€2,525
Cash 2024
€74,457
From operations (derived)
-€56,296
Net result for the year
+€37,890
Depreciation
+€9,675
Stocks and contracts
-€2,881
Receivables within one year
+€928
Deferred charges and accrued income
+€16,117
Trade debts
-€117,358
Tax, wage and social debts
-€1,817
Accrued charges and deferred income
+€1,150
Investment (derived)
-€6,578
Investment in fixed assets (net)
-€6,578
Financing
-€2,525
Short-term financial debts
-€2,525
Cash 2025
€9,058
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €574,378 | €491,718 | -€82,660 | -14.4% |
| Fixed assets | 21/28 | €156,487 | €153,390 | -€3,098 | -2.0% |
| Tangible fixed assets | 22/27 | €142,039 | €138,239 | -€3,800 | -2.7% |
| Land and buildings | 22 | €127,667 | €127,000 | -€667 | -0.5% |
| Plant, machinery and equipment | 23 | €713 | €4,880 | +€4,167 | +584% |
| Furniture and vehicles | 24 | €13,659 | €6,359 | -€7,300 | -53.4% |
| Financial fixed assets | 28 | €14,449 | €15,151 | +€703 | +4.9% |
| Current assets | 29/58 | €417,891 | €338,328 | -€79,562 | -19.0% |
| Stocks and contracts in progress | 3 | €67,864 | €70,745 | +€2,881 | +4.2% |
| Stocks | 30/36 | €67,864 | €70,745 | +€2,881 | +4.2% |
| Amounts receivable within one year | 40/41 | €248,353 | €247,426 | -€928 | -0.4% |
| Trade receivables | 40 | €246,192 | €247,426 | +€1,233 | +0.5% |
| Other amounts receivable | 41 | €2,161 | - | -€2,161 | |
| Cash at bank and in hand | 54/58 | €74,457 | €9,058 | -€65,399 | -87.8% |
| Deferred charges and accrued income | 490/1 | €27,217 | €11,100 | -€16,117 | -59.2% |
| Total equity and liabilities | 10/49 | €574,378 | €491,718 | -€82,660 | -14.4% |
| Equity | 10/15 | €297,977 | €335,867 | +€37,890 | +12.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,477 | €297,367 | +€37,890 | +14.6% |
| Amounts payable | 17/49 | €276,401 | €155,851 | -€120,550 | -43.6% |
| Amounts payable within one year | 42/48 | €276,401 | €154,701 | -€121,700 | -44.0% |
| Financial debts | 43 | €40,159 | €37,634 | -€2,525 | -6.3% |
| Credit institutions | 430/8 | €40,159 | €37,634 | -€2,525 | -6.3% |
| Trade debts | 44 | €182,590 | €65,233 | -€117,358 | -64.3% |
| Suppliers | 440/4 | €182,590 | €65,233 | -€117,358 | -64.3% |
| Taxes, remuneration and social security | 45 | €53,651 | €51,835 | -€1,817 | -3.4% |
| Taxes | 450/3 | €3,134 | €10,328 | +€7,194 | +230% |
| Remuneration and social security | 454/9 | €50,517 | €41,507 | -€9,011 | -17.8% |
| Accrued charges and deferred income | 492/3 | - | €1,150 | +€1,150 | |
| Non-recurring operating income | 76A | €11,765 | - | -€11,765 | |
| Remuneration, social security and pensions | 62 | €388,167 | €391,661 | +€3,494 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,509 | €9,675 | +€166 | +1.8% |
| Other operating charges | 640/8 | €17,334 | €19,399 | +€2,065 | +11.9% |
| Gross operating margin | 9900 | €467,362 | €477,102 | +€9,740 | +2.1% |
| Operating profit (loss) | 9901 | €52,352 | €56,367 | +€4,015 | +7.7% |
| Financial income | 75/76B | €26 | €0 | -€25 | -98.3% |
| Recurring financial income | 75 | €26 | €0 | -€25 | -98.3% |
| Financial charges | 65/66B | €3,079 | €3,004 | -€74 | -2.4% |
| Recurring financial charges | 65 | €3,079 | €3,004 | -€74 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €49,299 | €53,363 | +€4,064 | +8.2% |
| Income taxes | 67/77 | €13,368 | €15,473 | +€2,105 | +15.7% |
| Profit (loss) for the period | 9904 | €35,931 | €37,890 | +€1,959 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,931 | €37,890 | +€1,959 | +5.5% |
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.