WILLEMART GROUP: 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.
WILLEMART GROUP
Largest movements
- Receivables within one year +€311,399
up €311,399 (+183%), from €170,401 to €481,800
of which Trade receivables: +€261,800
- Cash +€63,396
up €63,396 (+48.0%), from €132,108 to €195,503
mainly Net result for the year (+€308,675) and Tax, wage and social debts (+€59,505)
- Tangible fixed assets +€7,811
new in 2024: €7,811
- Profit (loss) carried forward +€308,675
up €308,675 (+165%), from €187,589 to €496,263
- Tax, wage and social debts +€59,505
up €59,505 (+2,216%), from €2,685 to €62,190
of which Taxes: +€44,699
- Trade debts +€15,874
up €15,874 (+22.4%), from €70,993 to €86,867
- Purchases and services +€309,567
new in 2024: €309,567
- Gross operating margin +€301,144
up €301,144 (+295%), from €101,948 to €403,091
- Staff costs +€51,003
up €51,003 (+646%), from €7,893 to €58,897
- Taxes +€29,549
new in 2024: €29,549
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 | €302,509 | €685,320 | +€382,811 | +127% |
| Fixed assets | 21/28 | - | €8,016 | +€8,016 | |
| Tangible fixed assets | 22/27 | - | €7,811 | +€7,811 | |
| Furniture and vehicles | 24 | - | €7,811 | +€7,811 | |
| Financial fixed assets | 28 | - | €205 | +€205 | |
| Current assets | 29/58 | €302,509 | €677,304 | +€374,795 | +124% |
| Amounts receivable within one year | 40/41 | €170,401 | €481,800 | +€311,399 | +183% |
| Trade receivables | 40 | €170,000 | €431,800 | +€261,800 | +154% |
| Other amounts receivable | 41 | €401 | €50,000 | +€49,599 | +12,357% |
| Cash at bank and in hand | 54/58 | €132,108 | €195,503 | +€63,396 | +48.0% |
| Total equity and liabilities | 10/49 | €302,509 | €685,320 | +€382,811 | +127% |
| Equity | 10/15 | €227,589 | €536,263 | +€308,675 | +136% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Capital | 10 | €40,000 | €40,000 | = | 0.0% |
| Issued capital | 100 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,589 | €496,263 | +€308,675 | +165% |
| Amounts payable | 17/49 | €74,921 | €149,057 | +€74,136 | +99.0% |
| Amounts payable within one year | 42/48 | €74,921 | €149,057 | +€74,136 | +99.0% |
| Trade debts | 44 | €70,993 | €86,867 | +€15,874 | +22.4% |
| Suppliers | 440/4 | €70,993 | €86,867 | +€15,874 | +22.4% |
| Taxes, remuneration and social security | 45 | €2,685 | €62,190 | +€59,505 | +2,216% |
| Taxes | 450/3 | €449 | €45,148 | +€44,699 | +9,952% |
| Remuneration and social security | 454/9 | €2,236 | €17,042 | +€14,806 | +662% |
| Other amounts payable | 47/48 | €1,242 | - | -€1,242 | |
| Non-recurring operating income | 76A | - | €705,292 | +€705,292 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €309,567 | +€309,567 | |
| Remuneration, social security and pensions | 62 | €7,893 | €58,897 | +€51,003 | +646% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,906 | +€3,906 | |
| Other operating charges | 640/8 | €145 | €765 | +€620 | +426% |
| Gross operating margin | 9900 | €101,948 | €403,091 | +€301,144 | +295% |
| Operating profit (loss) | 9901 | €93,909 | €339,524 | +€245,615 | +262% |
| Financial charges | 65/66B | €569 | €1,300 | +€732 | +129% |
| Recurring financial charges | 65 | €569 | €1,300 | +€732 | +129% |
| Profit (loss) for the period before taxes | 9903 | €93,341 | €338,224 | +€244,883 | +262% |
| Income taxes | 67/77 | - | €29,549 | +€29,549 | |
| Profit (loss) for the period | 9904 | €93,341 | €308,675 | +€215,334 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €93,341 | €308,675 | +€215,334 | +231% |
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 29 October 2026 via checked.be.