Wiljam: 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.
Wiljam
Largest movements
- Cash -€717,435
down €717,435 (-71.7%), from €1.0m to €283,669
mainly Current investments (-€606,158) and Trade debts (-€123,757)
- Current investments +€606,158
new in 2025: €606,158
- Tangible fixed assets +€68,311
up €68,311 (+80.2%), from €85,206 to €153,517
of which Land and buildings: +€78,291
- Reserves +€243,059
up €243,059 (+18.3%), from €1.3m to €1.6m
of which Distributable reserves: +€242,726
- Trade debts -€123,757
no longer reported in 2025 (was €123,757)
- Gross operating margin -€660,231
down €660,231 (-98.3%), from €671,483 to €11,252
- Taxes -€149,644
down €149,644 (-82.4%), from €181,536 to €31,892
- Financial income -€124,873
down €124,873 (-29.0%), from €429,867 to €304,994
- Financial charges -€23,338
down €23,338 (-94.8%), from €24,630 to €1,292
- Depreciation -€14,591
down €14,591 (-43.0%), from €33,932 to €19,341
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 | €6,091,214 | €6,101,296 | +€10,082 | +0.2% |
| Fixed assets | 21/28 | €5,059,552 | €5,127,863 | +€68,311 | +1.4% |
| Tangible fixed assets | 22/27 | €85,206 | €153,517 | +€68,311 | +80.2% |
| Land and buildings | 22 | €58,433 | €136,724 | +€78,291 | +134.0% |
| Plant, machinery and equipment | 23 | €18,401 | €14,494 | -€3,907 | -21.2% |
| Furniture and vehicles | 24 | €8,373 | €2,300 | -€6,073 | -72.5% |
| Financial fixed assets | 28 | €4,974,346 | €4,974,346 | = | 0.0% |
| Current assets | 29/58 | €1,031,662 | €973,432 | -€58,229 | -5.6% |
| Stocks and contracts in progress | 3 | €10,400 | €10,400 | = | 0.0% |
| Stocks | 30/36 | €10,400 | €10,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,659 | €70,707 | +€53,048 | +300.4% |
| Trade receivables | 40 | €14,777 | €568 | -€14,209 | -96.2% |
| Other amounts receivable | 41 | €2,882 | €70,140 | +€67,257 | +2333.3% |
| Current investments | 50/53 | - | €606,158 | +€606,158 | |
| Cash at bank and in hand | 54/58 | €1,001,104 | €283,669 | -€717,435 | -71.7% |
| Deferred charges and accrued income | 490/1 | €2,498 | €2,498 | = | 0.0% |
| Total equity and liabilities | 10/49 | €6,091,214 | €6,101,296 | +€10,082 | +0.2% |
| Equity | 10/15 | €5,823,181 | €6,066,240 | +€243,059 | +4.2% |
| Contributions | 10/11 | €4,753,704 | €4,753,704 | = | 0.0% |
| Capital | 10 | €4,753,704 | €4,753,704 | = | 0.0% |
| Issued capital | 100 | €4,753,704 | €4,753,704 | = | 0.0% |
| Reserves | 13 | €1,329,519 | €1,572,578 | +€243,059 | +18.3% |
| Non-distributable reserves | 130/1 | €50,507 | €50,840 | +€333 | +0.7% |
| Legal reserve | 130 | €50,507 | €50,840 | +€333 | +0.7% |
| Distributable reserves | 133 | €1,279,011 | €1,521,738 | +€242,726 | +19.0% |
| Profit (loss) carried forward | 14 | -€260,041 | -€260,041 | = | 0.0% |
| Amounts payable | 17/49 | €268,033 | €35,056 | -€232,977 | -86.9% |
| Amounts payable within one year | 42/48 | €268,033 | €35,056 | -€232,977 | -86.9% |
| Financial debts | 43 | €27,791 | - | -€27,791 | |
| Credit institutions | 430/8 | €27,791 | - | -€27,791 | |
| Trade debts | 44 | €123,757 | - | -€123,757 | |
| Suppliers | 440/4 | €123,757 | - | -€123,757 | |
| Taxes, remuneration and social security | 45 | €34,687 | €5,563 | -€29,124 | -84.0% |
| Taxes | 450/3 | €34,687 | €5,563 | -€29,124 | -84.0% |
| Other amounts payable | 47/48 | €81,798 | €29,493 | -€52,305 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,932 | €19,341 | -€14,591 | -43.0% |
| Other operating charges | 640/8 | €18,094 | €20,662 | +€2,568 | +14.2% |
| Gross operating margin | 9900 | €671,483 | €11,252 | -€660,231 | -98.3% |
| Operating profit (loss) | 9901 | €619,457 | -€28,751 | -€648,208 | |
| Financial income | 75/76B | €429,867 | €304,994 | -€124,873 | -29.0% |
| Recurring financial income | 75 | €429,867 | €304,994 | -€124,873 | -29.0% |
| Financial charges | 65/66B | €24,630 | €1,292 | -€23,338 | -94.8% |
| Recurring financial charges | 65 | €24,630 | €1,292 | -€23,338 | -94.8% |
| Profit (loss) for the period before taxes | 9903 | €1,024,693 | €274,951 | -€749,742 | -73.2% |
| Income taxes | 67/77 | €181,536 | €31,892 | -€149,644 | -82.4% |
| Profit (loss) for the period | 9904 | €843,157 | €243,059 | -€600,098 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €843,157 | €243,059 | -€600,098 | -71.2% |
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 29 September 2026 via checked.be.