WILL CONSTRUCT: 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.
WILL CONSTRUCT
Largest movements
- Receivables within one year +€5,629
up €5,629 (+132%), from €4,267 to €9,896
of which Trade receivables: +€6,026
- Cash +€1,178
up €1,178 (+50.2%), from €2,346 to €3,524
mainly Net result for the year (+€7,926) and Deferred charges and accrued income (+€351)
- Deferred charges and accrued income -€351
down €351 (-54.8%), from €641 to €289
- Tangible fixed assets -€312
down €312 (-68.2%), from €457 to €145
- Profit (loss) carried forward +€7,926
up €7,926 (+2,107%), from €376 to €8,302
- Other debts -€1,851
down €1,851 (-93.7%), from €1,976 to €125
- Tax, wage and social debts +€270
new in 2024: €270
- Trade debts -€202
down €202 (-7.7%), from €2,608 to €2,407
- Gross operating margin +€6,882
up €6,882 (+259%), from €2,660 to €9,541
- Other operating charges -€594
down €594 (-49.6%), from €1,198 to €604
- Financial charges -€350
down €350 (-44.9%), from €780 to €429
- Taxes +€270
new in 2024: €270
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.
Derived cash bridge
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 | €7,960 | €14,104 | +€6,144 | +77.2% |
| Fixed assets | 21/28 | €707 | €395 | -€312 | -44.1% |
| Tangible fixed assets | 22/27 | €457 | €145 | -€312 | -68.2% |
| Plant, machinery and equipment | 23 | €457 | €145 | -€312 | -68.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €7,254 | €13,709 | +€6,455 | +89.0% |
| Amounts receivable within one year | 40/41 | €4,267 | €9,896 | +€5,629 | +132% |
| Trade receivables | 40 | €3,253 | €9,279 | +€6,026 | +185% |
| Other amounts receivable | 41 | €1,014 | €617 | -€397 | -39.1% |
| Cash at bank and in hand | 54/58 | €2,346 | €3,524 | +€1,178 | +50.2% |
| Deferred charges and accrued income | 490/1 | €641 | €289 | -€351 | -54.8% |
| Total equity and liabilities | 10/49 | €7,960 | €14,104 | +€6,144 | +77.2% |
| Equity | 10/15 | €3,376 | €11,302 | +€7,926 | +235% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376 | €8,302 | +€7,926 | +2,107% |
| Amounts payable | 17/49 | €4,584 | €2,802 | -€1,782 | -38.9% |
| Amounts payable within one year | 42/48 | €4,584 | €2,802 | -€1,782 | -38.9% |
| Trade debts | 44 | €2,608 | €2,407 | -€202 | -7.7% |
| Suppliers | 440/4 | €2,608 | €2,407 | -€202 | -7.7% |
| Taxes, remuneration and social security | 45 | - | €270 | +€270 | |
| Taxes | 450/3 | - | €270 | +€270 | |
| Other amounts payable | 47/48 | €1,976 | €125 | -€1,851 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €401 | €312 | -€90 | -22.4% |
| Other operating charges | 640/8 | €1,198 | €604 | -€594 | -49.6% |
| Gross operating margin | 9900 | €2,660 | €9,541 | +€6,882 | +259% |
| Operating profit (loss) | 9901 | €1,060 | €8,626 | +€7,566 | +714% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €780 | €429 | -€350 | -44.9% |
| Recurring financial charges | 65 | €780 | €429 | -€350 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €281 | €8,196 | +€7,915 | +2,817% |
| Income taxes | 67/77 | - | €270 | +€270 | |
| Profit (loss) for the period | 9904 | €281 | €7,926 | +€7,645 | +2,721% |
| Profit (loss) for the period to be appropriated | 9905 | €281 | €7,926 | +€7,645 | +2,721% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.