ULTIM WILMA: what changed
What changed
ULTIM WILMA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€19,441
2024 · €29,507-€10,065
Equity
€136,993
2024 · €117,552+€19,441
Cash
€307
2024 · €33+€274
Balance sheet total
€493,531
2024 · €490,986+€2,545
Largest movements
Assets
- Tangible fixed assets +€5,030
up €5,030 (+1.1%), from €468,176 to €473,206
of which Other tangible fixed assets: +€7,954
Equity and liabilities
- Debts after one year -€37,069
down €37,069 (-16.7%), from €222,470 to €185,401
- Reserves +€19,441
up €19,441 (+19.6%), from €98,952 to €118,393
- Other debts +€11,830
up €11,830 (+8.5%), from €139,499 to €151,329
- Tax, wage and social debts +€9,448
up €9,448 (+40,001%), from €24 to €9,472
Income statement
- Gross operating margin -€8,666
down €8,666 (-98.0%), from €8,838 to €173
- Depreciation +€4,285
up €4,285 (+21.9%), from €19,571 to €23,856
- Financial charges -€1,896
down €1,896 (-34.7%), from €5,461 to €3,565
- Financial income +€1,014
up €1,014 (+2.2%), from €47,078 to €48,092
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.
Result 2024
€29,507
Gross operating margin
-€8,666
Depreciation
-€4,285
Other operating charges
-€48
Financial income
+€1,014
Financial charges
+€1,896
Taxes
+€24
Result 2025
€19,441
raises the resultlowers the result
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.
From operations
+€66,072
Investment
-€28,885
Financing
-€36,913
Cash 2024
€33
From operations (derived)
+€66,072
Net result for the year
+€19,441
Depreciation
+€23,856
Receivables within one year
+€2,787
Deferred charges and accrued income
-€28
Trade debts
-€728
Tax, wage and social debts
+€9,448
Other debts
+€11,830
Accrued charges and deferred income
-€533
Investment (derived)
-€28,885
Investment in fixed assets (net)
-€28,885
Financing
-€36,913
Debts after one year
-€37,069
Current portion of long-term debt
+€156
Cash 2025
€307
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €490,986 | €493,531 | +€2,545 | +0.5% |
| Fixed assets | 21/28 | €486,676 | €491,706 | +€5,030 | +1.0% |
| Tangible fixed assets | 22/27 | €468,176 | €473,206 | +€5,030 | +1.1% |
| Land and buildings | 22 | €468,176 | €465,252 | -€2,924 | -0.6% |
| Other tangible fixed assets | 26 | - | €7,954 | +€7,954 | |
| Financial fixed assets | 28 | €18,500 | €18,500 | = | 0.0% |
| Current assets | 29/58 | €4,309 | €1,825 | -€2,484 | -57.6% |
| Amounts receivable within one year | 40/41 | €2,787 | €0 | -€2,787 | -100% |
| Trade receivables | 40 | €1,918 | €0 | -€1,918 | -100% |
| Other amounts receivable | 41 | €869 | €0 | -€869 | -100% |
| Cash at bank and in hand | 54/58 | €33 | €307 | +€274 | +822% |
| Deferred charges and accrued income | 490/1 | €1,490 | €1,518 | +€28 | +1.9% |
| Total equity and liabilities | 10/49 | €490,986 | €493,531 | +€2,545 | +0.5% |
| Equity | 10/15 | €117,552 | €136,993 | +€19,441 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,952 | €118,393 | +€19,441 | +19.6% |
| Distributable reserves | 133 | €98,952 | €118,393 | +€19,441 | +19.6% |
| Amounts payable | 17/49 | €373,434 | €356,538 | -€16,896 | -4.5% |
| Amounts payable after more than one year | 17 | €222,470 | €185,401 | -€37,069 | -16.7% |
| Financial debts | 170/4 | €222,470 | €185,401 | -€37,069 | -16.7% |
| Amounts payable within one year | 42/48 | €150,432 | €171,137 | +€20,706 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €9,975 | €10,131 | +€156 | +1.6% |
| Trade debts | 44 | €933 | €205 | -€728 | -78.0% |
| Suppliers | 440/4 | €933 | €205 | -€728 | -78.0% |
| Taxes, remuneration and social security | 45 | €24 | €9,472 | +€9,448 | +40,001% |
| Taxes | 450/3 | €24 | €9,472 | +€9,448 | +40,001% |
| Other amounts payable | 47/48 | €139,499 | €151,329 | +€11,830 | +8.5% |
| Accrued charges and deferred income | 492/3 | €533 | - | -€533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,571 | €23,856 | +€4,285 | +21.9% |
| Other operating charges | 640/8 | €1,355 | €1,403 | +€48 | +3.6% |
| Gross operating margin | 9900 | €8,838 | €173 | -€8,666 | -98.0% |
| Operating profit (loss) | 9901 | -€12,087 | -€25,086 | -€12,999 | -108% |
| Financial income | 75/76B | €47,078 | €48,092 | +€1,014 | +2.2% |
| Recurring financial income | 75 | €47,078 | €48,092 | +€1,014 | +2.2% |
| Financial charges | 65/66B | €5,461 | €3,565 | -€1,896 | -34.7% |
| Recurring financial charges | 65 | €5,461 | €3,565 | -€1,896 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €29,530 | €19,441 | -€10,089 | -34.2% |
| Income taxes | 67/77 | €24 | - | -€24 | |
| Profit (loss) for the period | 9904 | €29,507 | €19,441 | -€10,065 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,507 | €19,441 | -€10,065 | -34.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.