S&B WILLEMS: what changed
S&B WILLEMS
Largest movements
- Receivables within one year -€4,513
down €4,513 (-23.7%), from €19,041 to €14,528
of which Trade receivables: -€9,000
- Cash +€1,492
up €1,492 (+90.2%), from €1,655 to €3,147
mainly Receivables within one year (+€4,513) and Trade debts (+€967)
- Tax, wage and social debts -€4,894
down €4,894 (-82.8%), from €5,909 to €1,016
of which Remuneration and social security: -€4,500
- Trade debts +€967
up €967 (+18.5%), from €5,230 to €6,197
- Reserves +€906
up €906 (+12.7%), from €7,157 to €8,063
- Taxes -€401
down €401 (-33.7%), from €1,189 to €788
- Gross operating margin -€343
down €343 (-12.7%), from €2,695 to €2,351
- Financial income +€317
up €317 (+453,329%), from €0 to €317
- Financial charges +€124
up €124 (+328%), from €38 to €161
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 | €20,696 | €17,676 | -€3,020 | -14.6% |
| Current assets | 29/58 | €20,696 | €17,676 | -€3,020 | -14.6% |
| Amounts receivable within one year | 40/41 | €19,041 | €14,528 | -€4,513 | -23.7% |
| Trade receivables | 40 | €15,000 | €6,000 | -€9,000 | -60.0% |
| Other amounts receivable | 41 | €4,041 | €8,528 | +€4,487 | +111% |
| Cash at bank and in hand | 54/58 | €1,655 | €3,147 | +€1,492 | +90.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €20,696 | €17,676 | -€3,020 | -14.6% |
| Equity | 10/15 | €9,557 | €10,463 | +€906 | +9.5% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €7,157 | €8,063 | +€906 | +12.7% |
| Distributable reserves | 133 | €7,157 | €8,063 | +€906 | +12.7% |
| Amounts payable | 17/49 | €11,139 | €7,212 | -€3,927 | -35.3% |
| Amounts payable within one year | 42/48 | €11,139 | €7,212 | -€3,927 | -35.3% |
| Trade debts | 44 | €5,230 | €6,197 | +€967 | +18.5% |
| Suppliers | 440/4 | €5,230 | €6,197 | +€967 | +18.5% |
| Taxes, remuneration and social security | 45 | €5,909 | €1,016 | -€4,894 | -82.8% |
| Taxes | 450/3 | €1,409 | €1,016 | -€394 | -27.9% |
| Remuneration and social security | 454/9 | €4,500 | €0 | -€4,500 | -100% |
| Other operating charges | 640/8 | €790 | €813 | +€23 | +2.9% |
| Gross operating margin | 9900 | €2,695 | €2,351 | -€343 | -12.7% |
| Operating profit (loss) | 9901 | €1,905 | €1,539 | -€366 | -19.2% |
| Financial income | 75/76B | €0 | €317 | +€317 | +453,329% |
| Recurring financial income | 75 | €0 | €317 | +€317 | +453,329% |
| Financial charges | 65/66B | €38 | €161 | +€124 | +328% |
| Recurring financial charges | 65 | €38 | €161 | +€124 | +328% |
| Profit (loss) for the period before taxes | 9903 | €1,867 | €1,695 | -€173 | -9.2% |
| Income taxes | 67/77 | €1,189 | €788 | -€401 | -33.7% |
| Profit (loss) for the period | 9904 | €678 | €906 | +€228 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €678 | €906 | +€228 | +33.6% |
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 4 November 2026 via checked.be.