TRANSPORT WILLEMS PATRICK: what changed
TRANSPORT WILLEMS PATRICK
Largest movements
- Receivables within one year -€24,310
down €24,310 (-28.1%), from €86,444 to €62,134
of which Trade receivables: -€24,160
- Cash -€9,149
down €9,149 (-34.7%), from €26,339 to €17,190
mainly Investment in fixed assets (net) (-€41,282) and Debts after one year (-€22,973)
- Debts after one year -€22,973
down €22,973 (-76.0%), from €30,238 to €7,265
- Reserves +€11,611
up €11,611 (+12.8%), from €90,370 to €101,981
of which Distributable reserves: +€20,191
- Trade debts -€11,581
down €11,581 (-65.0%), from €17,828 to €6,247
- Tax, wage and social debts -€9,074
down €9,074 (-43.5%), from €20,872 to €11,798
of which Taxes: -€6,001
- Depreciation +€12,238
up €12,238 (+40.0%), from €30,614 to €42,852
- Other operating charges +€3,919
up €3,919 (+2,799%), from €140 to €4,059
- Taxes -€3,894
down €3,894 (-33.4%), from €11,656 to €7,762
- Gross operating margin +€1,696
up €1,696 (+2.6%), from €64,904 to €66,600
- Financial charges -€718
down €718 (-26.5%), from €2,715 to €1,997
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 | €217,031 | €182,001 | -€35,030 | -16.1% |
| Fixed assets | 21/28 | €104,248 | €102,678 | -€1,570 | -1.5% |
| Tangible fixed assets | 22/27 | €104,248 | €102,678 | -€1,570 | -1.5% |
| Land and buildings | 22 | €14,911 | €12,933 | -€1,979 | -13.3% |
| Plant, machinery and equipment | 23 | €20,151 | €8,755 | -€11,396 | -56.6% |
| Furniture and vehicles | 24 | €69,186 | €80,991 | +€11,805 | +17.1% |
| Current assets | 29/58 | €112,783 | €79,324 | -€33,459 | -29.7% |
| Amounts receivable within one year | 40/41 | €86,444 | €62,134 | -€24,310 | -28.1% |
| Trade receivables | 40 | €86,294 | €62,134 | -€24,160 | -28.0% |
| Other amounts receivable | 41 | €150 | €0 | -€150 | -100% |
| Cash at bank and in hand | 54/58 | €26,339 | €17,190 | -€9,149 | -34.7% |
| Total equity and liabilities | 10/49 | €217,031 | €182,001 | -€35,030 | -16.1% |
| Equity | 10/15 | €122,107 | €133,718 | +€11,611 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,370 | €101,981 | +€11,611 | +12.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €6,720 | €0 | -€6,720 | -100% |
| Distributable reserves | 133 | €81,790 | €101,981 | +€20,191 | +24.7% |
| Profit (loss) carried forward | 14 | €25,537 | €25,537 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €1,680 | €0 | -€1,680 | -100% |
| Deferred taxes | 168 | €1,680 | €0 | -€1,680 | -100% |
| Amounts payable | 17/49 | €93,244 | €48,283 | -€44,961 | -48.2% |
| Amounts payable after more than one year | 17 | €30,238 | €7,265 | -€22,973 | -76.0% |
| Financial debts | 170/4 | €30,238 | €7,265 | -€22,973 | -76.0% |
| Amounts payable within one year | 42/48 | €63,006 | €41,019 | -€21,987 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €24,306 | €22,974 | -€1,332 | -5.5% |
| Trade debts | 44 | €17,828 | €6,247 | -€11,581 | -65.0% |
| Suppliers | 440/4 | €17,828 | €6,247 | -€11,581 | -65.0% |
| Taxes, remuneration and social security | 45 | €20,872 | €11,798 | -€9,074 | -43.5% |
| Taxes | 450/3 | €13,040 | €7,039 | -€6,001 | -46.0% |
| Remuneration and social security | 454/9 | €7,832 | €4,758 | -€3,074 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,614 | €42,852 | +€12,238 | +40.0% |
| Other operating charges | 640/8 | €140 | €4,059 | +€3,919 | +2,799% |
| Gross operating margin | 9900 | €64,904 | €66,600 | +€1,696 | +2.6% |
| Operating profit (loss) | 9901 | €34,150 | €19,689 | -€14,461 | -42.3% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €2,715 | €1,997 | -€718 | -26.5% |
| Recurring financial charges | 65 | €2,715 | €1,997 | -€718 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €31,440 | €17,693 | -€13,747 | -43.7% |
| Transfer from deferred taxes | 780 | €1,680 | €1,680 | = | 0.0% |
| Income taxes | 67/77 | €11,656 | €7,762 | -€3,894 | -33.4% |
| Profit (loss) for the period | 9904 | €21,464 | €11,611 | -€9,853 | -45.9% |
| Transfer from tax-exempt reserves | 789 | €6,720 | €6,720 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,184 | €18,331 | -€9,853 | -35.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.