WILACO: 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.
WILACO
Largest movements
- Tangible fixed assets -€74,715
down €74,715 (-9.2%), from €813,571 to €738,856
of which Furniture and vehicles: -€37,761
- Stocks and contracts +€65,850
up €65,850 (+92.1%), from €71,517 to €137,367
of which Contracts in progress: +€60,600
- Receivables within one year +€11,476
up €11,476 (+27.0%), from €42,546 to €54,022
of which Trade receivables: +€20,057
- Debts after one year +€57,550
up €57,550 (+9.0%), from €642,023 to €699,573
of which Other amounts payable: +€68,423
- Reserves -€51,997
down €51,997 (-33.4%), from €155,756 to €103,760
of which Distributable reserves: -€50,464
- Financial charges +€5,143
up €5,143 (+42.5%), from €12,114 to €17,258
- Gross operating margin +€4,036
up €4,036 (+3.5%), from €116,870 to €120,905
- Depreciation +€2,462
up €2,462 (+2.6%), from €94,349 to €96,811
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 | €943,535 | €946,332 | +€2,797 | +0.3% |
| Fixed assets | 21/28 | €816,206 | €741,491 | -€74,715 | -9.2% |
| Tangible fixed assets | 22/27 | €813,571 | €738,856 | -€74,715 | -9.2% |
| Land and buildings | 22 | €578,826 | €549,717 | -€29,109 | -5.0% |
| Plant, machinery and equipment | 23 | €73,942 | €66,097 | -€7,845 | -10.6% |
| Furniture and vehicles | 24 | €160,803 | €123,043 | -€37,761 | -23.5% |
| Financial fixed assets | 28 | €2,635 | €2,635 | = | 0.0% |
| Current assets | 29/58 | €127,329 | €204,840 | +€77,512 | +60.9% |
| Stocks and contracts in progress | 3 | €71,517 | €137,367 | +€65,850 | +92.1% |
| Stocks | 30/36 | €62,617 | €67,867 | +€5,250 | +8.4% |
| Contracts in progress | 37 | €8,900 | €69,500 | +€60,600 | +680.9% |
| Amounts receivable within one year | 40/41 | €42,546 | €54,022 | +€11,476 | +27.0% |
| Trade receivables | 40 | €30,046 | €50,104 | +€20,057 | +66.8% |
| Other amounts receivable | 41 | €12,500 | €3,919 | -€8,581 | -68.7% |
| Cash at bank and in hand | 54/58 | €6,293 | €6,148 | -€145 | -2.3% |
| Deferred charges and accrued income | 490/1 | €6,972 | €7,303 | +€331 | +4.7% |
| Total equity and liabilities | 10/49 | €943,535 | €946,332 | +€2,797 | +0.3% |
| Equity | 10/15 | €174,356 | €122,360 | -€51,997 | -29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,756 | €103,760 | -€51,997 | -33.4% |
| Tax-exempt reserves | 132 | €22,991 | €21,458 | -€1,533 | -6.7% |
| Distributable reserves | 133 | €132,765 | €82,302 | -€50,464 | -38.0% |
| Provisions and deferred taxes | 16 | €5,748 | €5,365 | -€383 | -6.7% |
| Deferred taxes | 168 | €5,748 | €5,365 | -€383 | -6.7% |
| Amounts payable | 17/49 | €763,431 | €818,608 | +€55,177 | +7.2% |
| Amounts payable after more than one year | 17 | €642,023 | €699,573 | +€57,550 | +9.0% |
| Financial debts | 170/4 | €455,773 | €444,901 | -€10,872 | -2.4% |
| Other amounts payable | 178/9 | €186,250 | €254,673 | +€68,423 | +36.7% |
| Amounts payable within one year | 42/48 | €115,902 | €113,557 | -€2,345 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €91,567 | €90,636 | -€931 | -1.0% |
| Financial debts | 43 | - | €3,371 | +€3,371 | |
| Credit institutions | 430/8 | - | €3,371 | +€3,371 | |
| Trade debts | 44 | €18,304 | €17,932 | -€373 | -2.0% |
| Suppliers | 440/4 | €18,304 | €17,932 | -€373 | -2.0% |
| Taxes, remuneration and social security | 45 | €5,172 | €786 | -€4,386 | -84.8% |
| Taxes | 450/3 | €5,158 | €786 | -€4,373 | -84.8% |
| Remuneration and social security | 454/9 | €14 | - | -€14 | |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €5,506 | €5,477 | -€28 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,349 | €96,811 | +€2,462 | +2.6% |
| Other operating charges | 640/8 | €4,787 | €5,703 | +€916 | +19.1% |
| Gross operating margin | 9900 | €116,870 | €120,905 | +€4,036 | +3.5% |
| Operating profit (loss) | 9901 | €17,733 | €18,391 | +€658 | +3.7% |
| Financial income | 75/76B | €392 | €465 | +€73 | +18.7% |
| Recurring financial income | 75 | €392 | €465 | +€73 | +18.7% |
| Financial charges | 65/66B | €12,114 | €17,258 | +€5,143 | +42.5% |
| Recurring financial charges | 65 | €12,114 | €17,258 | +€5,143 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €6,011 | €1,599 | -€4,412 | -73.4% |
| Transfer from deferred taxes | 780 | €383 | €383 | = | 0.0% |
| Income taxes | 67/77 | €786 | €832 | +€46 | +5.9% |
| Profit (loss) for the period | 9904 | €5,609 | €1,151 | -€4,458 | -79.5% |
| Transfer from tax-exempt reserves | 789 | €1,533 | €1,533 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,142 | €2,683 | -€4,458 | -62.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.