WILKINSON: 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.
WILKINSON
Largest movements
- Tangible fixed assets +€414,434
up €414,434 (+86.1%), from €481,235 to €895,669
of which Land and buildings: +€358,493
- Receivables within one year -€12,940
down €12,940 (-28.1%), from €46,029 to €33,089
of which Other amounts receivable: -€20,000
- Debts after one year +€275,855
up €275,855 (+83.7%), from €329,655 to €605,510
- Other debts +€110,303
up €110,303 (+2409.8%), from €4,577 to €114,881
- Current portion of long-term debt +€21,768
up €21,768 (+45.1%), from €48,313 to €70,081
- Other operating charges +€22,976
up €22,976 (+703.8%), from €3,265 to €26,240
- Gross operating margin -€18,356
down €18,356 (-14.9%), from €123,011 to €104,655
- Taxes -€14,311
no longer reported in 2025 (was €14,311)
- Depreciation +€11,967
up €11,967 (+27.0%), from €44,255 to €56,222
- Financial charges +€4,490
up €4,490 (+25.5%), from €17,586 to €22,077
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 | €534,779 | €939,400 | +€404,621 | +75.7% |
| Fixed assets | 21/28 | €481,359 | €895,793 | +€414,434 | +86.1% |
| Tangible fixed assets | 22/27 | €481,235 | €895,669 | +€414,434 | +86.1% |
| Land and buildings | 22 | €448,406 | €806,899 | +€358,493 | +79.9% |
| Plant, machinery and equipment | 23 | €3,356 | €32,961 | +€29,605 | +882.2% |
| Furniture and vehicles | 24 | €29,473 | €55,809 | +€26,336 | +89.4% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €53,420 | €43,607 | -€9,813 | -18.4% |
| Amounts receivable within one year | 40/41 | €46,029 | €33,089 | -€12,940 | -28.1% |
| Trade receivables | 40 | €1,029 | €8,089 | +€7,060 | +686.4% |
| Other amounts receivable | 41 | €45,000 | €25,000 | -€20,000 | -44.4% |
| Cash at bank and in hand | 54/58 | €7,392 | €10,519 | +€3,127 | +42.3% |
| Total equity and liabilities | 10/49 | €534,779 | €939,400 | +€404,621 | +75.7% |
| Equity | 10/15 | €142,831 | €142,947 | +€116 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €124,239 | €124,355 | +€116 | +0.1% |
| Distributable reserves | 133 | €124,239 | €124,355 | +€116 | +0.1% |
| Amounts payable | 17/49 | €391,948 | €796,453 | +€404,505 | +103.2% |
| Amounts payable after more than one year | 17 | €329,655 | €605,510 | +€275,855 | +83.7% |
| Financial debts | 170/4 | €329,655 | €605,510 | +€275,855 | +83.7% |
| Amounts payable within one year | 42/48 | €62,294 | €190,943 | +€128,649 | +206.5% |
| Current portion of amounts payable after more than one year | 42 | €48,313 | €70,081 | +€21,768 | +45.1% |
| Trade debts | 44 | €1,850 | €1,162 | -€687 | -37.2% |
| Suppliers | 440/4 | €1,850 | €1,162 | -€687 | -37.2% |
| Taxes, remuneration and social security | 45 | €7,554 | €4,819 | -€2,735 | -36.2% |
| Taxes | 450/3 | €7,554 | €4,819 | -€2,735 | -36.2% |
| Other amounts payable | 47/48 | €4,577 | €114,881 | +€110,303 | +2409.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,255 | €56,222 | +€11,967 | +27.0% |
| Other operating charges | 640/8 | €3,265 | €26,240 | +€22,976 | +703.8% |
| Gross operating margin | 9900 | €123,011 | €104,655 | -€18,356 | -14.9% |
| Operating profit (loss) | 9901 | €75,491 | €22,193 | -€53,298 | -70.6% |
| Financial charges | 65/66B | €17,586 | €22,077 | +€4,490 | +25.5% |
| Recurring financial charges | 65 | €17,586 | €22,077 | +€4,490 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €57,905 | €116 | -€57,788 | -99.8% |
| Income taxes | 67/77 | €14,311 | - | -€14,311 | |
| Profit (loss) for the period | 9904 | €43,594 | €116 | -€43,477 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,594 | €116 | -€43,477 | -99.7% |
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 30 September 2026 via checked.be.