De Wilg Travel: what changed
De Wilg Travel
Largest movements
- Cash +€76,570
up €76,570 (+176%), from €43,420 to €119,990
mainly Other debts (+€154,982) and Stocks and contracts (+€70,800)
- Stocks and contracts -€70,800
down €70,800 (-30.6%), from €231,500 to €160,700
- Receivables within one year -€26,746
down €26,746 (-70.7%), from €37,825 to €11,079
of which Trade receivables: -€18,143
- Reserves -€174,831
down €174,831 (-92.6%), from €188,706 to €13,875
of which Distributable reserves: -€174,831
- Other debts +€154,982
new in 2025: €154,982
- Gross operating margin -€31,934
down €31,934, from €12,851 to -€19,084
- Taxes -€2,675
down €2,675 (-100%), from €2,675 to €0
- Depreciation -€1,423
down €1,423 (-100%), from €1,423 to €0
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 | €313,719 | €292,743 | -€20,976 | -6.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €313,719 | €292,743 | -€20,976 | -6.7% |
| Stocks and contracts in progress | 3 | €231,500 | €160,700 | -€70,800 | -30.6% |
| Stocks | 30/36 | €231,500 | €160,700 | -€70,800 | -30.6% |
| Amounts receivable within one year | 40/41 | €37,825 | €11,079 | -€26,746 | -70.7% |
| Trade receivables | 40 | €27,000 | €8,857 | -€18,143 | -67.2% |
| Other amounts receivable | 41 | €10,825 | €2,223 | -€8,602 | -79.5% |
| Cash at bank and in hand | 54/58 | €43,420 | €119,990 | +€76,570 | +176% |
| Deferred charges and accrued income | 490/1 | €974 | €974 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €313,719 | €292,743 | -€20,976 | -6.7% |
| Equity | 10/15 | €312,574 | €137,743 | -€174,831 | -55.9% |
| Contributions | 10/11 | €123,868 | €123,868 | = | 0.0% |
| Capital | 10 | €123,868 | €123,868 | = | 0.0% |
| Issued capital | 100 | €123,868 | €123,868 | = | 0.0% |
| Reserves | 13 | €188,706 | €13,875 | -€174,831 | -92.6% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €176,311 | €1,480 | -€174,831 | -99.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,145 | €155,000 | +€153,855 | +13,434% |
| Amounts payable within one year | 42/48 | €1,145 | €155,000 | +€153,855 | +13,434% |
| Trade debts | 44 | €325 | €0 | -€325 | -100% |
| Suppliers | 440/4 | €325 | €0 | -€325 | -100% |
| Taxes, remuneration and social security | 45 | €821 | €18 | -€802 | -97.8% |
| Taxes | 450/3 | €821 | €18 | -€802 | -97.8% |
| Other amounts payable | 47/48 | - | €154,982 | +€154,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,423 | €0 | -€1,423 | -100% |
| Other operating charges | 640/8 | €606 | €622 | +€16 | +2.7% |
| Gross operating margin | 9900 | €12,851 | -€19,084 | -€31,934 | |
| Operating profit (loss) | 9901 | €10,822 | -€19,706 | -€30,528 | |
| Financial charges | 65/66B | €121 | €125 | +€4 | +3.0% |
| Recurring financial charges | 65 | €121 | €125 | +€4 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €10,701 | -€19,831 | -€30,532 | |
| Income taxes | 67/77 | €2,675 | €0 | -€2,675 | -100% |
| Profit (loss) for the period | 9904 | €8,026 | -€19,831 | -€27,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,026 | -€19,831 | -€27,856 |
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 7 November 2026 via checked.be.