WILLE-CAUS: 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.
WILLE-CAUS
Largest movements
- Receivables within one year -€3,594
down €3,594 (-64.6%), from €5,561 to €1,967
- Cash -€3,371
down €3,371 (-21.9%), from €15,418 to €12,047
mainly Net result for the year (-€18,299) and Tax, wage and social debts (-€2,111)
- Current investments -€3,083
down €3,083 (-38.4%), from €8,024 to €4,941
- Deferred charges and accrued income +€558
up €558 (+77.1%), from €724 to €1,282
- Profit (loss) carried forward -€18,299
down €18,299 (-22.6%), from -€80,846 to -€99,144
- Other debts +€11,280
up €11,280 (+59.1%), from €19,084 to €30,364
- Tax, wage and social debts -€2,111
down €2,111 (-23.9%), from €8,834 to €6,723
of which Taxes: -€2,209
- Trade debts -€360
down €360 (-9.8%), from €3,673 to €3,313
- Gross operating margin -€9,956
down €9,956 (-34.8%), from €28,624 to €18,668
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.
Derived cash bridge
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 | €29,727 | €20,237 | -€9,490 | -31.9% |
| Current assets | 29/58 | €29,727 | €20,237 | -€9,490 | -31.9% |
| Amounts receivable within one year | 40/41 | €5,561 | €1,967 | -€3,594 | -64.6% |
| Trade receivables | 40 | €5,561 | €1,967 | -€3,594 | -64.6% |
| Current investments | 50/53 | €8,024 | €4,941 | -€3,083 | -38.4% |
| Cash at bank and in hand | 54/58 | €15,418 | €12,047 | -€3,371 | -21.9% |
| Deferred charges and accrued income | 490/1 | €724 | €1,282 | +€558 | +77.1% |
| Total equity and liabilities | 10/49 | €29,727 | €20,237 | -€9,490 | -31.9% |
| Equity | 10/15 | -€50,873 | -€69,172 | -€18,299 | -36.0% |
| Contributions | 10/11 | €19,839 | €19,839 | = | 0.0% |
| Reserves | 13 | €10,133 | €10,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,984 | €1,984 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,984 | €1,984 | = | 0.0% |
| Distributable reserves | 133 | €8,149 | €8,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,846 | -€99,144 | -€18,299 | -22.6% |
| Provisions and deferred taxes | 16 | €49,009 | €49,009 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €49,009 | €49,009 | = | 0.0% |
| Pensions and similar obligations | 160 | €49,009 | €49,009 | = | 0.0% |
| Amounts payable | 17/49 | €31,591 | €40,400 | +€8,809 | +27.9% |
| Amounts payable within one year | 42/48 | €31,591 | €40,400 | +€8,809 | +27.9% |
| Trade debts | 44 | €3,673 | €3,313 | -€360 | -9.8% |
| Suppliers | 440/4 | €3,673 | €3,313 | -€360 | -9.8% |
| Taxes, remuneration and social security | 45 | €8,834 | €6,723 | -€2,111 | -23.9% |
| Taxes | 450/3 | €5,877 | €3,668 | -€2,209 | -37.6% |
| Remuneration and social security | 454/9 | €2,957 | €3,055 | +€98 | +3.3% |
| Other amounts payable | 47/48 | €19,084 | €30,364 | +€11,280 | +59.1% |
| Remuneration, social security and pensions | 62 | €35,393 | €35,642 | +€249 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269 | €0 | -€269 | -100% |
| Other operating charges | 640/8 | €947 | €877 | -€70 | -7.4% |
| Gross operating margin | 9900 | €28,624 | €18,668 | -€9,956 | -34.8% |
| Operating profit (loss) | 9901 | -€7,985 | -€17,851 | -€9,866 | -124% |
| Financial charges | 65/66B | €78 | €307 | +€229 | +293% |
| Recurring financial charges | 65 | €78 | €307 | +€229 | +293% |
| Profit (loss) for the period before taxes | 9903 | -€8,063 | -€18,158 | -€10,095 | -125% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€8,202 | -€18,299 | -€10,096 | -123% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,202 | -€18,299 | -€10,096 | -123% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.