LA WILL FRIT'S: 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.
LA WILL FRIT'S
Largest movements
- Intangible fixed assets -€31,045
down €31,045 (-19.4%), from €160,178 to €129,133
- Stocks and contracts -€17,087
down €17,087 (-81.5%), from €20,957 to €3,869
- Tangible fixed assets -€11,120
down €11,120 (-30.1%), from €36,959 to €25,839
of which Furniture and vehicles: -€7,088
- Cash +€10,416
up €10,416 (+108%), from €9,615 to €20,031
mainly Depreciation (+€44,715) and Net result for the year (+€21,152)
- Other debts -€75,918
down €75,918 (-64.6%), from €117,523 to €41,605
- Reserves +€21,152
up €21,152 (+102%), from €20,668 to €41,820
- Debts after one year +€19,998
up €19,998 (+59.7%), from €33,498 to €53,496
- Trade debts -€10,331
down €10,331 (-47.4%), from €21,811 to €11,480
- Current portion of long-term debt -€4,319
down €4,319 (-27.1%), from €15,949 to €11,630
- Other operating charges +€15,475
up €15,475 (+384%), from €4,026 to €19,501
- Gross operating margin +€8,885
up €8,885 (+6.9%), from €128,365 to €137,250
- Staff costs -€7,218
down €7,218 (-15.9%), from €45,419 to €38,201
- Taxes -€1,946
down €1,946 (-26.4%), from €7,383 to €5,437
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 | €230,159 | €181,396 | -€48,763 | -21.2% |
| Fixed assets | 21/28 | €197,138 | €156,873 | -€40,265 | -20.4% |
| Intangible fixed assets | 21 | €160,178 | €129,133 | -€31,045 | -19.4% |
| Tangible fixed assets | 22/27 | €36,959 | €25,839 | -€11,120 | -30.1% |
| Land and buildings | 22 | €22,022 | €20,809 | -€1,213 | -5.5% |
| Plant, machinery and equipment | 23 | - | €2,428 | +€2,428 | |
| Furniture and vehicles | 24 | €8,235 | €1,148 | -€7,088 | -86.1% |
| Leasing and similar rights | 25 | €6,702 | €1,454 | -€5,248 | -78.3% |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €33,021 | €24,523 | -€8,498 | -25.7% |
| Stocks and contracts in progress | 3 | €20,957 | €3,869 | -€17,087 | -81.5% |
| Stocks | 30/36 | €20,957 | €3,869 | -€17,087 | -81.5% |
| Amounts receivable within one year | 40/41 | €2,305 | €546 | -€1,759 | -76.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,305 | €546 | -€1,759 | -76.3% |
| Cash at bank and in hand | 54/58 | €9,615 | €20,031 | +€10,416 | +108% |
| Deferred charges and accrued income | 490/1 | €144 | €77 | -€68 | -46.8% |
| Total equity and liabilities | 10/49 | €230,159 | €181,396 | -€48,763 | -21.2% |
| Equity | 10/15 | €26,668 | €47,820 | +€21,152 | +79.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €20,668 | €41,820 | +€21,152 | +102% |
| Distributable reserves | 133 | €20,668 | €41,820 | +€21,152 | +102% |
| Amounts payable | 17/49 | €203,491 | €133,575 | -€69,915 | -34.4% |
| Amounts payable after more than one year | 17 | €33,498 | €53,496 | +€19,998 | +59.7% |
| Financial debts | 170/4 | €33,498 | €53,496 | +€19,998 | +59.7% |
| Amounts payable within one year | 42/48 | €169,993 | €80,079 | -€89,914 | -52.9% |
| Current portion of amounts payable after more than one year | 42 | €15,949 | €11,630 | -€4,319 | -27.1% |
| Trade debts | 44 | €21,811 | €11,480 | -€10,331 | -47.4% |
| Suppliers | 440/4 | €21,811 | €11,480 | -€10,331 | -47.4% |
| Taxes, remuneration and social security | 45 | €14,710 | €15,364 | +€654 | +4.4% |
| Taxes | 450/3 | €8,574 | €9,158 | +€584 | +6.8% |
| Remuneration and social security | 454/9 | €6,137 | €6,206 | +€70 | +1.1% |
| Other amounts payable | 47/48 | €117,523 | €41,605 | -€75,918 | -64.6% |
| Non-recurring operating income | 76A | - | €75,000 | +€75,000 | |
| Remuneration, social security and pensions | 62 | €45,419 | €38,201 | -€7,218 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,594 | €44,715 | +€122 | +0.3% |
| Other operating charges | 640/8 | €4,026 | €19,501 | +€15,475 | +384% |
| Gross operating margin | 9900 | €128,365 | €137,250 | +€8,885 | +6.9% |
| Operating profit (loss) | 9901 | €34,327 | €34,833 | +€506 | +1.5% |
| Financial income | 75/76B | €71 | €1 | -€71 | -99.1% |
| Recurring financial income | 75 | €71 | €1 | -€71 | -99.1% |
| Financial charges | 65/66B | €7,757 | €8,245 | +€488 | +6.3% |
| Recurring financial charges | 65 | €7,757 | €8,245 | +€488 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €26,641 | €26,589 | -€52 | -0.2% |
| Income taxes | 67/77 | €7,383 | €5,437 | -€1,946 | -26.4% |
| Profit (loss) for the period | 9904 | €19,258 | €21,152 | +€1,894 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,258 | €21,152 | +€1,894 | +9.8% |
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 26 October 2026 via checked.be.