VILIAM: what changed
Two fiscal 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.
VILIAM
Largest movements
- Tangible fixed assets -€24,554
down €24,554 (-4.4%), from €561,643 to €537,089
- Debts after one year -€49,669
down €49,669 (-19.3%), from €257,192 to €207,523
- Reserves +€39,690
up €39,690 (+19.4%), from €204,600 to €244,290
of which Distributable reserves: +€41,550
- Tax, wage and social debts -€9,105
down €9,105 (-57.0%), from €15,971 to €6,866
- Current portion of long-term debt -€9,034
down €9,034 (-15.4%), from €58,703 to €49,669
- Other debts +€6,632
up €6,632 (+43.4%), from €15,279 to €21,911
- Depreciation +€9,137
up €9,137 (+59.3%), from €15,417 to €24,554
- Financial charges -€2,173
down €2,173 (-18.1%), from €12,012 to €9,839
- Taxes -€2,015
down €2,015 (-9.8%), from €20,537 to €18,522
- Gross operating margin +€1,264
up €1,264 (+1.4%), from €91,621 to €92,885
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.
Cash bridge derived
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 | €570,344 | €548,976 | -€21,368 | -3.7% |
| Fixed assets | 21/28 | €561,643 | €537,089 | -€24,554 | -4.4% |
| Tangible fixed assets | 22/27 | €561,643 | €537,089 | -€24,554 | -4.4% |
| Land and buildings | 22 | €561,643 | €537,089 | -€24,554 | -4.4% |
| Current assets | 29/58 | €8,701 | €11,887 | +€3,186 | +36.6% |
| Amounts receivable within one year | 40/41 | €20 | €1,498 | +€1,478 | +7403.7% |
| Other amounts receivable | 41 | €20 | €1,498 | +€1,478 | +7403.7% |
| Cash at bank and in hand | 54/58 | €8,089 | €9,728 | +€1,639 | +20.3% |
| Deferred charges and accrued income | 490/1 | €592 | €661 | +€69 | +11.6% |
| Total equity and liabilities | 10/49 | €570,344 | €548,976 | -€21,368 | -3.7% |
| Equity | 10/15 | €223,200 | €262,890 | +€39,690 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,600 | €244,290 | +€39,690 | +19.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €202,740 | €244,290 | +€41,550 | +20.5% |
| Amounts payable | 17/49 | €347,145 | €286,086 | -€61,059 | -17.6% |
| Amounts payable after more than one year | 17 | €257,192 | €207,523 | -€49,669 | -19.3% |
| Financial debts | 170/4 | €257,192 | €207,523 | -€49,669 | -19.3% |
| Amounts payable within one year | 42/48 | €89,953 | €78,563 | -€11,389 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €58,703 | €49,669 | -€9,034 | -15.4% |
| Trade debts | 44 | - | €117 | +€117 | |
| Suppliers | 440/4 | - | €117 | +€117 | |
| Taxes, remuneration and social security | 45 | €15,971 | €6,866 | -€9,105 | -57.0% |
| Taxes | 450/3 | €15,971 | €6,866 | -€9,105 | -57.0% |
| Other amounts payable | 47/48 | €15,279 | €21,911 | +€6,632 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,417 | €24,554 | +€9,137 | +59.3% |
| Other operating charges | 640/8 | €179 | €296 | +€117 | +65.4% |
| Gross operating margin | 9900 | €91,621 | €92,885 | +€1,264 | +1.4% |
| Operating profit (loss) | 9901 | €76,025 | €68,035 | -€7,990 | -10.5% |
| Financial income | 75/76B | €10 | €17 | +€7 | +62.8% |
| Recurring financial income | 75 | €10 | €17 | +€7 | +62.8% |
| Financial charges | 65/66B | €12,012 | €9,839 | -€2,173 | -18.1% |
| Recurring financial charges | 65 | €12,012 | €9,839 | -€2,173 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €64,024 | €58,213 | -€5,811 | -9.1% |
| Income taxes | 67/77 | €20,537 | €18,522 | -€2,015 | -9.8% |
| Profit (loss) for the period | 9904 | €43,486 | €39,690 | -€3,796 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,486 | €39,690 | -€3,796 | -8.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.