NPG Willebroek: 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.
NPG Willebroek
Largest movements
- Tangible fixed assets -€428,897
down €428,897 (-18.8%), from €2.3m to €1.9m
- Cash -€167,259
down €167,259 (-14.8%), from €1.1m to €964,743
mainly Debts after one year (-€477,811) and Contributions, distributions and other (-€300,000)
- Debts after one year -€477,811
down €477,811 (-39.2%), from €1.2m to €740,336
- Other debts -€100,000
down €100,000 (-25.0%), from €400,000 to €300,000
- Profit (loss) carried forward +€65,322
up €65,322 (+22.0%), from €296,359 to €361,681
- Current portion of long-term debt -€47,255
down €47,255 (-9.0%), from €525,066 to €477,811
- Gross operating margin -€192,639
down €192,639 (-16.2%), from €1.2m to €998,208
- Financial charges -€47,018
down €47,018 (-36.4%), from €129,254 to €82,237
- Taxes -€30,688
down €30,688 (-20.1%), from €152,462 to €121,774
- Write-downs -€19,549
new in 2025: -€19,549
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 | €3,467,757 | €2,865,617 | -€602,140 | -17.4% |
| Fixed assets | 21/28 | €2,288,518 | €1,859,621 | -€428,897 | -18.7% |
| Tangible fixed assets | 22/27 | €2,284,318 | €1,855,421 | -€428,897 | -18.8% |
| Plant, machinery and equipment | 23 | €2,284,318 | €1,855,421 | -€428,897 | -18.8% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €1,179,238 | €1,005,996 | -€173,242 | -14.7% |
| Amounts receivable within one year | 40/41 | €25,234 | €27,515 | +€2,281 | +9.0% |
| Trade receivables | 40 | €25,234 | €27,515 | +€2,281 | +9.0% |
| Cash at bank and in hand | 54/58 | €1,132,002 | €964,743 | -€167,259 | -14.8% |
| Deferred charges and accrued income | 490/1 | €22,002 | €13,738 | -€8,264 | -37.6% |
| Total equity and liabilities | 10/49 | €3,467,757 | €2,865,617 | -€602,140 | -17.4% |
| Equity | 10/15 | €1,235,955 | €1,301,277 | +€65,322 | +5.3% |
| Contributions | 10/11 | €850,586 | €850,586 | = | 0.0% |
| Capital | 10 | €850,000 | €850,000 | = | 0.0% |
| Issued capital | 100 | €850,000 | €850,000 | = | 0.0% |
| Contributions outside capital | 11 | €586 | €586 | = | 0.0% |
| Share premium | 1100/10 | €586 | €586 | = | 0.0% |
| Reserves | 13 | €89,010 | €89,010 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89,010 | €89,010 | = | 0.0% |
| Legal reserve | 130 | €89,010 | €89,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296,359 | €361,681 | +€65,322 | +22.0% |
| Provisions and deferred taxes | 16 | €19,549 | - | -€19,549 | |
| Provisions for liabilities and charges | 160/5 | €19,549 | - | -€19,549 | |
| Major repairs and maintenance | 162 | €19,549 | - | -€19,549 | |
| Amounts payable | 17/49 | €2,212,252 | €1,564,340 | -€647,912 | -29.3% |
| Amounts payable after more than one year | 17 | €1,218,146 | €740,336 | -€477,811 | -39.2% |
| Financial debts | 170/4 | €1,218,146 | €740,336 | -€477,811 | -39.2% |
| Amounts payable within one year | 42/48 | €982,686 | €821,476 | -€161,210 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €525,066 | €477,811 | -€47,255 | -9.0% |
| Trade debts | 44 | €23,743 | €29,327 | +€5,584 | +23.5% |
| Suppliers | 440/4 | €23,743 | €29,327 | +€5,584 | +23.5% |
| Taxes, remuneration and social security | 45 | €33,878 | €14,339 | -€19,539 | -57.7% |
| Taxes | 450/3 | €33,878 | €14,339 | -€19,539 | -57.7% |
| Other amounts payable | 47/48 | €400,000 | €300,000 | -€100,000 | -25.0% |
| Accrued charges and deferred income | 492/3 | €11,420 | €2,528 | -€8,892 | -77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €428,897 | €428,897 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€19,549 | -€19,549 | |
| Other operating charges | 640/8 | €24,601 | €21,330 | -€3,271 | -13.3% |
| Gross operating margin | 9900 | €1,190,847 | €998,208 | -€192,639 | -16.2% |
| Operating profit (loss) | 9901 | €737,349 | €567,529 | -€169,820 | -23.0% |
| Financial income | 75/76B | €1,755 | €1,803 | +€48 | +2.7% |
| Recurring financial income | 75 | €1,755 | €1,803 | +€48 | +2.7% |
| Financial charges | 65/66B | €129,254 | €82,237 | -€47,018 | -36.4% |
| Recurring financial charges | 65 | €129,254 | €82,237 | -€47,018 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €609,850 | €487,096 | -€122,754 | -20.1% |
| Income taxes | 67/77 | €152,462 | €121,774 | -€30,688 | -20.1% |
| Profit (loss) for the period | 9904 | €457,387 | €365,322 | -€92,065 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €457,387 | €365,322 | -€92,065 | -20.1% |
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 31 October 2026 via checked.be.