Marc WILMUS: what changed
Marc WILMUS
Largest movements
- Cash -€86,920
down €86,920 (-76.4%), from €113,791 to €26,871
mainly Other debts (-€85,000) and Contributions, distributions and other (-€73,200)
- Tangible fixed assets -€60,084
down €60,084 (-43.1%), from €139,279 to €79,196
- Other debts -€85,000
no longer reported in 2025 (was €85,000)
- Trade debts -€40,000
no longer reported in 2025 (was €40,000)
- Current portion of long-term debt -€9,731
down €9,731 (-55.3%), from €17,589 to €7,857
- Tax, wage and social debts -€9,509
down €9,509 (-36.8%), from €25,808 to €16,300
- Debts after one year -€7,857
down €7,857 (-27.9%), from €28,185 to €20,327
- Financial charges +€7,893
up €7,893 (+132%), from €5,960 to €13,853
of which Non-recurring financial charges: +€10,002
- Taxes -€3,586
down €3,586 (-13.8%), from €26,000 to €22,414
- Purchases and services -€3,300
down €3,300 (-2.9%), from €112,352 to €109,051
- Gross operating margin +€2,654
up €2,654 (+2.0%), from €133,790 to €136,444
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,071 | €106,384 | -€146,687 | -58.0% |
| Fixed assets | 21/28 | €139,279 | €79,196 | -€60,084 | -43.1% |
| Tangible fixed assets | 22/27 | €139,279 | €79,196 | -€60,084 | -43.1% |
| Furniture and vehicles | 24 | €139,279 | €79,196 | -€60,084 | -43.1% |
| Current assets | 29/58 | €113,791 | €27,188 | -€86,603 | -76.1% |
| Amounts receivable within one year | 40/41 | - | €317 | +€317 | |
| Trade receivables | 40 | - | €317 | +€317 | |
| Cash at bank and in hand | 54/58 | €113,791 | €26,871 | -€86,920 | -76.4% |
| Total equity and liabilities | 10/49 | €253,071 | €106,384 | -€146,687 | -58.0% |
| Equity | 10/15 | €56,489 | €61,899 | +€5,410 | +9.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,489 | €59,899 | +€5,410 | +9.9% |
| Amounts payable | 17/49 | €196,582 | €44,485 | -€152,097 | -77.4% |
| Amounts payable after more than one year | 17 | €28,185 | €20,327 | -€7,857 | -27.9% |
| Financial debts | 170/4 | €28,185 | €20,327 | -€7,857 | -27.9% |
| Amounts payable within one year | 42/48 | €168,397 | €24,157 | -€144,240 | -85.7% |
| Current portion of amounts payable after more than one year | 42 | €17,589 | €7,857 | -€9,731 | -55.3% |
| Trade debts | 44 | €40,000 | - | -€40,000 | |
| Suppliers | 440/4 | €40,000 | - | -€40,000 | |
| Taxes, remuneration and social security | 45 | €25,808 | €16,300 | -€9,509 | -36.8% |
| Taxes | 450/3 | €25,808 | €16,300 | -€9,509 | -36.8% |
| Other amounts payable | 47/48 | €85,000 | - | -€85,000 | |
| Turnover | 70 | €246,142 | €245,495 | -€647 | -0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €112,352 | €109,051 | -€3,300 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,992 | €20,993 | +€2,001 | +10.5% |
| Other operating charges | 640/8 | €1,692 | €574 | -€1,118 | -66.1% |
| Gross operating margin | 9900 | €133,790 | €136,444 | +€2,654 | +2.0% |
| Operating profit (loss) | 9901 | €113,106 | €114,876 | +€1,770 | +1.6% |
| Financial charges | 65/66B | €5,960 | €13,853 | +€7,893 | +132% |
| Recurring financial charges | 65 | €5,960 | €3,850 | -€2,109 | -35.4% |
| Non-recurring financial charges | 66B | - | €10,002 | +€10,002 | |
| Profit (loss) for the period before taxes | 9903 | €107,146 | €101,024 | -€6,123 | -5.7% |
| Income taxes | 67/77 | €26,000 | €22,414 | -€3,586 | -13.8% |
| Profit (loss) for the period | 9904 | €81,146 | €78,610 | -€2,536 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €81,146 | €78,610 | -€2,536 | -3.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.