Tom Wils: 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.
Tom Wils
Largest movements
- Cash +€28,950
up €28,950 (+68.6%), from €42,199 to €71,150
mainly Other debts (+€84,276) and Net result for the year (+€61,002)
- Tangible fixed assets -€26,075
down €26,075 (-47.9%), from €54,485 to €28,410
of which Leasing and similar rights: -€16,320
- Receivables within one year -€21,489
down €21,489 (-67.8%), from €31,689 to €10,200
of which Trade receivables: -€25,169
- Stocks and contracts +€18,360
up €18,360 (+77.0%), from €23,859 to €42,219
of which Stocks: +€11,546
- Other debts +€84,276
up €84,276 (+603%), from €13,982 to €98,257
- Profit (loss) carried forward -€53,135
down €53,135 (-100%), from €53,135 to €0
- Trade debts -€20,777
down €20,777 (-80.0%), from €25,987 to €5,209
- Debts after one year -€16,667
down €16,667 (-68.7%), from €24,265 to €7,598
- Tax, wage and social debts +€10,780
up €10,780 (+204%), from €5,294 to €16,073
of which Taxes: +€10,780
- Depreciation -€9,876
down €9,876 (-27.5%), from €35,951 to €26,075
- Taxes +€1,706
up €1,706 (+11.3%), from €15,034 to €16,739
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 | €154,508 | €153,805 | -€703 | -0.5% |
| Fixed assets | 21/28 | €54,485 | €28,410 | -€26,075 | -47.9% |
| Tangible fixed assets | 22/27 | €54,485 | €28,410 | -€26,075 | -47.9% |
| Plant, machinery and equipment | 23 | €6,403 | €3,157 | -€3,245 | -50.7% |
| Furniture and vehicles | 24 | €6,633 | €123 | -€6,510 | -98.1% |
| Leasing and similar rights | 25 | €41,450 | €25,130 | -€16,320 | -39.4% |
| Current assets | 29/58 | €100,023 | €125,395 | +€25,372 | +25.4% |
| Stocks and contracts in progress | 3 | €23,859 | €42,219 | +€18,360 | +77.0% |
| Stocks | 30/36 | €19,369 | €30,915 | +€11,546 | +59.6% |
| Contracts in progress | 37 | €4,490 | €11,304 | +€6,814 | +152% |
| Amounts receivable within one year | 40/41 | €31,689 | €10,200 | -€21,489 | -67.8% |
| Trade receivables | 40 | €28,327 | €3,158 | -€25,169 | -88.9% |
| Other amounts receivable | 41 | €3,362 | €7,042 | +€3,680 | +109% |
| Cash at bank and in hand | 54/58 | €42,199 | €71,150 | +€28,950 | +68.6% |
| Deferred charges and accrued income | 490/1 | €2,276 | €1,826 | -€450 | -19.8% |
| Total equity and liabilities | 10/49 | €154,508 | €153,805 | -€703 | -0.5% |
| Equity | 10/15 | €63,135 | €10,000 | -€53,135 | -84.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,135 | €0 | -€53,135 | -100% |
| Amounts payable | 17/49 | €91,373 | €143,805 | +€52,432 | +57.4% |
| Amounts payable after more than one year | 17 | €24,265 | €7,598 | -€16,667 | -68.7% |
| Financial debts | 170/4 | €24,265 | €7,598 | -€16,667 | -68.7% |
| Amounts payable within one year | 42/48 | €67,108 | €136,207 | +€69,099 | +103% |
| Current portion of amounts payable after more than one year | 42 | €21,846 | €16,667 | -€5,179 | -23.7% |
| Trade debts | 44 | €25,987 | €5,209 | -€20,777 | -80.0% |
| Suppliers | 440/4 | €25,987 | €5,209 | -€20,777 | -80.0% |
| Taxes, remuneration and social security | 45 | €5,294 | €16,073 | +€10,780 | +204% |
| Taxes | 450/3 | €3,144 | €13,923 | +€10,780 | +343% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | €13,982 | €98,257 | +€84,276 | +603% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,951 | €26,075 | -€9,876 | -27.5% |
| Other operating charges | 640/8 | €1,006 | €1,419 | +€412 | +41.0% |
| Gross operating margin | 9900 | €106,165 | €105,607 | -€559 | -0.5% |
| Operating profit (loss) | 9901 | €69,208 | €78,113 | +€8,904 | +12.9% |
| Financial income | 75/76B | €140 | €102 | -€38 | -27.2% |
| Recurring financial income | 75 | €140 | €102 | -€38 | -27.2% |
| Financial charges | 65/66B | €1,180 | €473 | -€706 | -59.9% |
| Recurring financial charges | 65 | €1,180 | €473 | -€706 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | €68,169 | €77,741 | +€9,572 | +14.0% |
| Income taxes | 67/77 | €15,034 | €16,739 | +€1,706 | +11.3% |
| Profit (loss) for the period | 9904 | €53,135 | €61,002 | +€7,867 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,135 | €61,002 | +€7,867 | +14.8% |
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 17 October 2026 via checked.be.