DE WILLE: 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.
DE WILLE
Largest movements
- Cash -€118,710
down €118,710 (-53.6%), from €221,445 to €102,735
mainly Other debts (-€16.2m) and Net result for the year (-€388,297)
- Receivables within one year -€88,696
down €88,696 (-92.0%), from €96,407 to €7,711
of which Trade receivables: -€84,997
- Debts after one year +€16.7m
up €16.7m (+3,374%), from €495,500 to €17.2m
- Other debts -€16.2m
no longer reported in 2025 (was €16.2m)
- Profit (loss) carried forward -€388,297
down €388,297 (-1.6%), from -€24.8m to -€25.2m
- Tax, wage and social debts -€264,000
no longer reported in 2025 (was €264,000)
- Trade debts -€45,931
down €45,931 (-80.6%), from €56,980 to €11,049
- Gross operating margin -€13.3m
down €13.3m (-98.8%), from €13.5m to €158,016
- Taxes -€264,000
no longer reported in 2025 (was €264,000)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,355 | €112,846 | -€208,508 | -64.9% |
| Fixed assets | 21/28 | €2,400 | €2,400 | = | 0.0% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €318,955 | €110,446 | -€208,508 | -65.4% |
| Amounts receivable within one year | 40/41 | €96,407 | €7,711 | -€88,696 | -92.0% |
| Trade receivables | 40 | €90,246 | €5,249 | -€84,997 | -94.2% |
| Other amounts receivable | 41 | €6,161 | €2,462 | -€3,699 | -60.0% |
| Cash at bank and in hand | 54/58 | €221,445 | €102,735 | -€118,710 | -53.6% |
| Deferred charges and accrued income | 490/1 | €1,102 | - | -€1,102 | |
| Total equity and liabilities | 10/49 | €321,355 | €112,846 | -€208,508 | -64.9% |
| Equity | 10/15 | -€17,215,545 | -€17,603,842 | -€388,297 | -2.3% |
| Contributions | 10/11 | €6,281,975 | €6,281,975 | = | 0.0% |
| Capital | 10 | €6,280,104 | €6,280,104 | = | 0.0% |
| Issued capital | 100 | €6,280,104 | €6,280,104 | = | 0.0% |
| Contributions outside capital | 11 | €1,871 | €1,871 | = | 0.0% |
| Share premium | 1100/10 | €1,871 | €1,871 | = | 0.0% |
| Reserves | 13 | €1,308,604 | €1,308,604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €240,535 | €240,535 | = | 0.0% |
| Legal reserve | 130 | €240,535 | €240,535 | = | 0.0% |
| Distributable reserves | 133 | €1,068,069 | €1,068,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,806,123 | -€25,194,421 | -€388,297 | -1.6% |
| Amounts payable | 17/49 | €17,536,899 | €17,716,688 | +€179,789 | +1.0% |
| Amounts payable after more than one year | 17 | €495,500 | €17,215,919 | +€16.7m | +3,374% |
| Other amounts payable | 178/9 | €495,500 | €17,215,919 | +€16.7m | +3,374% |
| Amounts payable within one year | 42/48 | €16,507,573 | €11,049 | -€16.5m | -99.9% |
| Trade debts | 44 | €56,980 | €11,049 | -€45,931 | -80.6% |
| Suppliers | 440/4 | €56,980 | €11,049 | -€45,931 | -80.6% |
| Taxes, remuneration and social security | 45 | €264,000 | - | -€264,000 | |
| Taxes | 450/3 | €264,000 | - | -€264,000 | |
| Other amounts payable | 47/48 | €16,186,593 | - | -€16.2m | |
| Accrued charges and deferred income | 492/3 | €533,826 | €489,720 | -€44,106 | -8.3% |
| Non-recurring operating income | 76A | €13,136,550 | - | -€13.1m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,645 | -€6,717 | -€9,362 | |
| Other operating charges | 640/8 | €78,109 | €56,753 | -€21,357 | -27.3% |
| Non-recurring operating charges | 66A | €20,101 | €8,039 | -€12,062 | -60.0% |
| Gross operating margin | 9900 | €13,457,245 | €158,016 | -€13.3m | -98.8% |
| Operating profit (loss) | 9901 | €13,356,390 | €99,942 | -€13.3m | -99.3% |
| Financial income | 75/76B | €109,423 | €2,419 | -€107,004 | -97.8% |
| Recurring financial income | 75 | €109,423 | €2,419 | -€107,004 | -97.8% |
| Financial charges | 65/66B | €618,167 | €490,658 | -€127,509 | -20.6% |
| Recurring financial charges | 65 | €618,167 | €490,658 | -€127,509 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €12,847,646 | -€388,297 | -€13.2m | |
| Income taxes | 67/77 | €264,000 | - | -€264,000 | |
| Profit (loss) for the period | 9904 | €12,583,646 | -€388,297 | -€13.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €12,583,646 | -€388,297 | -€13.0m |
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.