WILBOCO: 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.
WILBOCO
Largest movements
- Receivables within one year +€227,827
up €227,827 (+56.4%), from €404,115 to €631,942
of which Trade receivables: +€226,545
- Cash -€221,902
down €221,902 (-84.7%), from €262,135 to €40,233
mainly Receivables within one year (-€227,827) and Current portion of long-term debt (-€69,899)
- Tangible fixed assets -€91,980
down €91,980 (-53.1%), from €173,344 to €81,364
- Current portion of long-term debt -€69,899
down €69,899 (-65.4%), from €106,864 to €36,965
- Debts after one year -€28,513
down €28,513 (-20.1%), from €141,922 to €113,409
- Tax, wage and social debts -€18,593
down €18,593 (-33.5%), from €55,422 to €36,829
of which Remuneration and social security: -€18,055
- Trade debts +€12,098
up €12,098 (+14.8%), from €81,657 to €93,755
- Profit (loss) carried forward +€11,351
up €11,351 (+11.0%), from €103,633 to €114,984
- Purchases and services -€136,867
down €136,867 (-26.3%), from €519,499 to €382,632
- Turnover -€134,311
down €134,311 (-12.3%), from €1.1m to €959,382
- Staff costs -€38,847
down €38,847 (-7.8%), from €499,354 to €460,507
- Depreciation -€11,464
down €11,464 (-11.1%), from €103,444 to €91,980
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €984,545 | €891,533 | -€93,012 | -9.4% |
| Fixed assets | 21/28 | €248,189 | €156,209 | -€91,980 | -37.1% |
| Tangible fixed assets | 22/27 | €173,344 | €81,364 | -€91,980 | -53.1% |
| Leasing and similar rights | 25 | €173,344 | €81,364 | -€91,980 | -53.1% |
| Financial fixed assets | 28 | €74,845 | €74,845 | = | 0.0% |
| Current assets | 29/58 | €736,356 | €735,324 | -€1,032 | -0.1% |
| Amounts receivable within one year | 40/41 | €404,115 | €631,942 | +€227,827 | +56.4% |
| Trade receivables | 40 | €337,334 | €563,879 | +€226,545 | +67.2% |
| Other amounts receivable | 41 | €66,781 | €68,063 | +€1,282 | +1.9% |
| Current investments | 50/53 | €50,912 | €51,656 | +€744 | +1.5% |
| Cash at bank and in hand | 54/58 | €262,135 | €40,233 | -€221,902 | -84.7% |
| Deferred charges and accrued income | 490/1 | €19,194 | €11,493 | -€7,701 | -40.1% |
| Total equity and liabilities | 10/49 | €984,545 | €891,533 | -€93,012 | -9.4% |
| Equity | 10/15 | €588,449 | €599,800 | +€11,351 | +1.9% |
| Contributions | 10/11 | €63,750 | €63,750 | = | 0.0% |
| Reserves | 13 | €421,066 | €421,066 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,375 | €6,375 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,375 | €6,375 | = | 0.0% |
| Distributable reserves | 133 | €414,691 | €414,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,633 | €114,984 | +€11,351 | +11.0% |
| Amounts payable | 17/49 | €396,096 | €291,733 | -€104,363 | -26.3% |
| Amounts payable after more than one year | 17 | €141,922 | €113,409 | -€28,513 | -20.1% |
| Financial debts | 170/4 | €141,922 | €113,409 | -€28,513 | -20.1% |
| Amounts payable within one year | 42/48 | €254,174 | €178,324 | -€75,850 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €106,864 | €36,965 | -€69,899 | -65.4% |
| Trade debts | 44 | €81,657 | €93,755 | +€12,098 | +14.8% |
| Suppliers | 440/4 | €81,657 | €93,755 | +€12,098 | +14.8% |
| Taxes, remuneration and social security | 45 | €55,422 | €36,829 | -€18,593 | -33.5% |
| Taxes | 450/3 | €2,086 | €1,548 | -€538 | -25.8% |
| Remuneration and social security | 454/9 | €53,336 | €35,281 | -€18,055 | -33.9% |
| Other amounts payable | 47/48 | €10,231 | €10,775 | +€544 | +5.3% |
| Turnover | 70 | €1,093,693 | €959,382 | -€134,311 | -12.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €519,499 | €382,632 | -€136,867 | -26.3% |
| Remuneration, social security and pensions | 62 | €499,354 | €460,507 | -€38,847 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,444 | €91,980 | -€11,464 | -11.1% |
| Other operating charges | 640/8 | €9,562 | €9,128 | -€434 | -4.5% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €574,194 | €576,750 | +€2,556 | +0.4% |
| Operating profit (loss) | 9901 | -€38,166 | €15,072 | +€53,238 | |
| Financial income | 75/76B | €1,266 | €1,080 | -€186 | -14.7% |
| Recurring financial income | 75 | €1,266 | €1,080 | -€186 | -14.7% |
| Financial charges | 65/66B | €5,544 | €4,327 | -€1,217 | -22.0% |
| Recurring financial charges | 65 | €5,544 | €4,327 | -€1,217 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | -€42,444 | €11,825 | +€54,269 | |
| Income taxes | 67/77 | €111 | €474 | +€363 | +327.0% |
| Profit (loss) for the period | 9904 | -€42,555 | €11,351 | +€53,906 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,555 | €11,351 | +€53,906 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.