WILLE METAALCONSTRUCTIE: 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 METAALCONSTRUCTIE
Largest movements
- Cash -€73,316
down €73,316 (-16.2%), from €451,878 to €378,562
mainly Contributions, distributions and other (-€142,855) and Trade debts (-€28,415)
- Tangible fixed assets -€49,884
down €49,884 (-31.7%), from €157,441 to €107,557
of which Furniture and vehicles: -€44,604
- Receivables within one year -€31,178
down €31,178 (-24.9%), from €125,387 to €94,209
of which Trade receivables: -€37,143
- Deferred charges and accrued income +€8,678
up €8,678 (+102%), from €8,497 to €17,175
- Reserves -€122,725
down €122,725 (-20.5%), from €598,229 to €475,504
of which Distributable reserves: -€122,725
- Other debts +€52,543
up €52,543 (+883%), from €5,951 to €58,494
- Trade debts -€28,415
down €28,415 (-65.8%), from €43,174 to €14,759
- Tax, wage and social debts -€26,270
down €26,270 (-61.5%), from €42,693 to €16,423
of which Taxes: -€15,153
- Debts after one year -€11,322
no longer reported in 2025 (was €11,322)
- Gross operating margin -€110,518
down €110,518 (-36.0%), from €307,136 to €196,619
- Staff costs -€89,183
down €89,183 (-43.6%), from €204,726 to €115,542
- Taxes -€5,937
down €5,937 (-41.5%), from €14,320 to €8,383
- Depreciation +€3,866
up €3,866 (+8.4%), from €46,019 to €49,884
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 | €743,203 | €597,503 | -€145,700 | -19.6% |
| Fixed assets | 21/28 | €157,441 | €107,557 | -€49,884 | -31.7% |
| Tangible fixed assets | 22/27 | €157,441 | €107,557 | -€49,884 | -31.7% |
| Plant, machinery and equipment | 23 | €21,235 | €15,955 | -€5,280 | -24.9% |
| Furniture and vehicles | 24 | €136,206 | €91,602 | -€44,604 | -32.7% |
| Current assets | 29/58 | €585,762 | €489,946 | -€95,815 | -16.4% |
| Amounts receivable within one year | 40/41 | €125,387 | €94,209 | -€31,178 | -24.9% |
| Trade receivables | 40 | €99,680 | €62,538 | -€37,143 | -37.3% |
| Other amounts receivable | 41 | €25,706 | €31,671 | +€5,965 | +23.2% |
| Cash at bank and in hand | 54/58 | €451,878 | €378,562 | -€73,316 | -16.2% |
| Deferred charges and accrued income | 490/1 | €8,497 | €17,175 | +€8,678 | +102% |
| Total equity and liabilities | 10/49 | €743,203 | €597,503 | -€145,700 | -19.6% |
| Equity | 10/15 | €619,229 | €496,504 | -€122,725 | -19.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €598,229 | €475,504 | -€122,725 | -20.5% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €579,479 | €456,754 | -€122,725 | -21.2% |
| Amounts payable | 17/49 | €123,974 | €100,999 | -€22,975 | -18.5% |
| Amounts payable after more than one year | 17 | €11,322 | - | -€11,322 | |
| Financial debts | 170/4 | €11,322 | - | -€11,322 | |
| Amounts payable within one year | 42/48 | €110,506 | €100,999 | -€9,507 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €18,688 | €11,322 | -€7,366 | -39.4% |
| Trade debts | 44 | €43,174 | €14,759 | -€28,415 | -65.8% |
| Suppliers | 440/4 | €43,174 | €14,759 | -€28,415 | -65.8% |
| Taxes, remuneration and social security | 45 | €42,693 | €16,423 | -€26,270 | -61.5% |
| Taxes | 450/3 | €21,614 | €6,461 | -€15,153 | -70.1% |
| Remuneration and social security | 454/9 | €21,079 | €9,962 | -€11,117 | -52.7% |
| Other amounts payable | 47/48 | €5,951 | €58,494 | +€52,543 | +883% |
| Accrued charges and deferred income | 492/3 | €2,146 | - | -€2,146 | |
| Remuneration, social security and pensions | 62 | €204,726 | €115,542 | -€89,183 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,019 | €49,884 | +€3,866 | +8.4% |
| Other operating charges | 640/8 | €917 | €832 | -€85 | -9.3% |
| Gross operating margin | 9900 | €307,136 | €196,619 | -€110,518 | -36.0% |
| Operating profit (loss) | 9901 | €55,475 | €30,361 | -€25,115 | -45.3% |
| Financial income | 75/76B | €30 | €25 | -€5 | -16.0% |
| Recurring financial income | 75 | €30 | €25 | -€5 | -16.0% |
| Financial charges | 65/66B | €3,474 | €1,872 | -€1,602 | -46.1% |
| Recurring financial charges | 65 | €3,474 | €1,872 | -€1,602 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €52,031 | €28,513 | -€23,518 | -45.2% |
| Income taxes | 67/77 | €14,320 | €8,383 | -€5,937 | -41.5% |
| Profit (loss) for the period | 9904 | €37,711 | €20,130 | -€17,581 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,711 | €20,130 | -€17,581 | -46.6% |
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 21 October 2026 via checked.be.