WIL'S: 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.
WIL'S
Largest movements
- Tangible fixed assets +€69,221
up €69,221 (+142%), from €48,914 to €118,134
of which Leasing and similar rights: +€64,980
- Receivables within one year +€25,493
up €25,493 (+167%), from €15,307 to €40,799
of which Trade receivables: +€21,805
- Cash +€7,117
up €7,117 (+7.0%), from €100,975 to €108,092
mainly Debts after one year (+€60,156) and Net result for the year (+€31,278)
- Debts after one year +€60,156
up €60,156 (+2,264%), from €2,658 to €62,814
- Reserves +€35,000
up €35,000 (+34.4%), from €101,860 to €136,860
of which Distributable reserves: +€35,000
- Current portion of long-term debt +€11,581
up €11,581 (+92.3%), from €12,550 to €24,130
- Profit (loss) carried forward -€3,722
down €3,722 (-52.3%), from €7,120 to €3,398
- Trade debts -€3,304
down €3,304 (-23.3%), from €14,165 to €10,861
- Depreciation +€11,145
up €11,145 (+137%), from €8,152 to €19,296
- Gross operating margin +€10,437
up €10,437 (+18.3%), from €57,150 to €67,587
- Financial charges +€2,960
up €2,960 (+291%), from €1,018 to €3,978
- Other operating charges +€2,094
up €2,094 (+558%), from €375 to €2,469
- Taxes -€1,397
down €1,397 (-11.0%), from €12,673 to €11,276
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 | €165,218 | €267,140 | +€101,922 | +61.7% |
| Fixed assets | 21/28 | €48,914 | €118,134 | +€69,221 | +142% |
| Tangible fixed assets | 22/27 | €48,914 | €118,134 | +€69,221 | +142% |
| Land and buildings | 22 | €36,001 | €36,001 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €7,622 | +€7,622 | |
| Furniture and vehicles | 24 | €12,913 | €9,531 | -€3,382 | -26.2% |
| Leasing and similar rights | 25 | - | €64,980 | +€64,980 | |
| Current assets | 29/58 | €116,304 | €149,005 | +€32,701 | +28.1% |
| Amounts receivable within one year | 40/41 | €15,307 | €40,799 | +€25,493 | +167% |
| Trade receivables | 40 | €14,141 | €35,946 | +€21,805 | +154% |
| Other amounts receivable | 41 | €1,166 | €4,854 | +€3,688 | +316% |
| Cash at bank and in hand | 54/58 | €100,975 | €108,092 | +€7,117 | +7.0% |
| Deferred charges and accrued income | 490/1 | €23 | €114 | +€91 | +396% |
| Total equity and liabilities | 10/49 | €165,218 | €267,140 | +€101,922 | +61.7% |
| Equity | 10/15 | €127,580 | €158,858 | +€31,278 | +24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €136,860 | +€35,000 | +34.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €135,000 | +€35,000 | +35.0% |
| Profit (loss) carried forward | 14 | €7,120 | €3,398 | -€3,722 | -52.3% |
| Amounts payable | 17/49 | €37,638 | €108,282 | +€70,644 | +188% |
| Amounts payable after more than one year | 17 | €2,658 | €62,814 | +€60,156 | +2,264% |
| Financial debts | 170/4 | €2,658 | €62,814 | +€60,156 | +2,264% |
| Amounts payable within one year | 42/48 | €34,981 | €45,468 | +€10,488 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €12,550 | €24,130 | +€11,581 | +92.3% |
| Trade debts | 44 | €14,165 | €10,861 | -€3,304 | -23.3% |
| Suppliers | 440/4 | €14,165 | €10,861 | -€3,304 | -23.3% |
| Taxes, remuneration and social security | 45 | €3,997 | €5,963 | +€1,966 | +49.2% |
| Taxes | 450/3 | €3,997 | €5,963 | +€1,966 | +49.2% |
| Other amounts payable | 47/48 | €4,269 | €4,514 | +€245 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,152 | €19,296 | +€11,145 | +137% |
| Other operating charges | 640/8 | €375 | €2,469 | +€2,094 | +558% |
| Gross operating margin | 9900 | €57,150 | €67,587 | +€10,437 | +18.3% |
| Operating profit (loss) | 9901 | €48,623 | €45,822 | -€2,801 | -5.8% |
| Financial income | 75/76B | €539 | €710 | +€171 | +31.8% |
| Recurring financial income | 75 | €539 | €710 | +€171 | +31.8% |
| Financial charges | 65/66B | €1,018 | €3,978 | +€2,960 | +291% |
| Recurring financial charges | 65 | €1,018 | €3,978 | +€2,960 | +291% |
| Profit (loss) for the period before taxes | 9903 | €48,144 | €42,554 | -€5,590 | -11.6% |
| Income taxes | 67/77 | €12,673 | €11,276 | -€1,397 | -11.0% |
| Profit (loss) for the period | 9904 | €35,471 | €31,278 | -€4,193 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,471 | €31,278 | -€4,193 | -11.8% |
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 14 October 2026 via checked.be.