F.J. WILLEKENS: what changed
What changed
F.J. WILLEKENS
NACE 18.110, Printing and reproduction of recorded media
filed annual accounts (NBB)
Net result for the year
-€2,102
2024 · €264,610-€266,712
Equity
€935,019
2024 · €937,121-€2,102
Cash
€17,404
2024 · €313,456-€296,052
Balance sheet total
€1.1m
2024 · €1.2m-€69,702
Largest movements
Assets
- Cash -€296,052
down €296,052 (-94.4%), from €313,456 to €17,404
mainly Current investments (-€254,487) and Other debts (-€32,333)
- Current investments +€254,487
up €254,487 (+31.6%), from €806,256 to €1.1m
- Tangible fixed assets -€29,193
down €29,193 (-64.5%), from €45,269 to €16,076
of which Furniture and vehicles: -€29,193
Equity and liabilities
- Other debts -€32,333
down €32,333 (-37.1%), from €87,236 to €54,903
Income statement
- Gross operating margin -€366,106
down €366,106 (-93.5%), from €391,406 to €25,301
- Taxes -€86,466
down €86,466 (-99.8%), from €86,635 to €169
- Financial income +€12,813
up €12,813 (+509%), from €2,518 to €15,331
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€264,610
Gross operating margin
-€366,106
Other operating charges
-€1,246
Financial income
+€12,813
Financial charges
+€1,361
Taxes
+€86,466
Result 2025
-€2,102
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€24,988
Investment
-€254,487
Financing
-€16,578
Cash 2024
€313,456
From operations (derived)
-€24,988
Net result for the year
-€2,102
Depreciation
+€29,193
Receivables within one year
-€1,056
Trade debts
-€11,944
Tax, wage and social debts
-€6,745
Other debts
-€32,333
Investment (derived)
-€254,487
Current investments
-€254,487
Financing
-€16,578
Debts after one year
-€10,493
Current portion of long-term debt
-€2,740
Short-term financial debts
-€3,345
Cash 2025
€17,404
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,195,322 | €1,125,620 | -€69,702 | -5.8% |
| Fixed assets | 21/28 | €45,269 | €16,076 | -€29,193 | -64.5% |
| Tangible fixed assets | 22/27 | €45,269 | €16,076 | -€29,193 | -64.5% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €45,269 | €16,076 | -€29,193 | -64.5% |
| Current assets | 29/58 | €1,150,054 | €1,109,544 | -€40,509 | -3.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €30,342 | €31,398 | +€1,056 | +3.5% |
| Trade receivables | 40 | €30,335 | €28,493 | -€1,842 | -6.1% |
| Other amounts receivable | 41 | €7 | €2,905 | +€2,898 | +40,359% |
| Current investments | 50/53 | €806,256 | €1,060,743 | +€254,487 | +31.6% |
| Cash at bank and in hand | 54/58 | €313,456 | €17,404 | -€296,052 | -94.4% |
| Total equity and liabilities | 10/49 | €1,195,322 | €1,125,620 | -€69,702 | -5.8% |
| Equity | 10/15 | €937,121 | €935,019 | -€2,102 | -0.2% |
| Contributions | 10/11 | €514,754 | €514,754 | = | 0.0% |
| Capital | 10 | €514,754 | €514,754 | = | 0.0% |
| Issued capital | 100 | €580,000 | €580,000 | = | 0.0% |
| Uncalled capital | 101 | €65,246 | €65,246 | = | 0.0% |
| Reserves | 13 | €529,640 | €529,640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €529,640 | €529,640 | = | 0.0% |
| Legal reserve | 130 | €29,634 | €29,634 | = | 0.0% |
| Own shares acquired | 1312 | €500,006 | €500,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,273 | -€109,375 | -€2,102 | -2.0% |
| Amounts payable | 17/49 | €258,202 | €190,601 | -€67,600 | -26.2% |
| Amounts payable after more than one year | 17 | €26,632 | €16,139 | -€10,493 | -39.4% |
| Financial debts | 170/4 | €26,632 | €16,139 | -€10,493 | -39.4% |
| Amounts payable within one year | 42/48 | €231,570 | €174,462 | -€57,107 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €13,233 | €10,493 | -€2,740 | -20.7% |
| Financial debts | 43 | €67,169 | €63,824 | -€3,345 | -5.0% |
| Credit institutions | 430/8 | €67,169 | €63,824 | -€3,345 | -5.0% |
| Trade debts | 44 | €48,262 | €36,318 | -€11,944 | -24.7% |
| Suppliers | 440/4 | €48,262 | €36,318 | -€11,944 | -24.7% |
| Taxes, remuneration and social security | 45 | €15,670 | €8,925 | -€6,745 | -43.0% |
| Taxes | 450/3 | €15,670 | €8,925 | -€6,745 | -43.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €87,236 | €54,903 | -€32,333 | -37.1% |
| Non-recurring operating income | 76A | €396,328 | €0 | -€396,328 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,193 | €29,193 | = | 0.0% |
| Other operating charges | 640/8 | €5,035 | €6,281 | +€1,246 | +24.8% |
| Gross operating margin | 9900 | €391,406 | €25,301 | -€366,106 | -93.5% |
| Operating profit (loss) | 9901 | €357,179 | -€10,173 | -€367,352 | |
| Financial income | 75/76B | €2,518 | €15,331 | +€12,813 | +509% |
| Recurring financial income | 75 | €2,518 | €15,331 | +€12,813 | +509% |
| Financial charges | 65/66B | €8,451 | €7,091 | -€1,361 | -16.1% |
| Recurring financial charges | 65 | €8,451 | €7,091 | -€1,361 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €351,246 | -€1,933 | -€353,178 | |
| Income taxes | 67/77 | €86,635 | €169 | -€86,466 | -99.8% |
| Profit (loss) for the period | 9904 | €264,610 | -€2,102 | -€266,712 | |
| Profit (loss) for the period to be appropriated | 9905 | €264,610 | -€2,102 | -€266,712 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.