WILLEMS BUILDING & ENGINEERING: 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.
WILLEMS BUILDING & ENGINEERING
Largest movements
- Tangible fixed assets -€45,528
down €45,528 (-5.2%), from €883,871 to €838,343
of which Land and buildings: -€32,353
- Cash +€29,322
up €29,322 (+182%), from €16,151 to €45,473
mainly Current portion of long-term debt (+€50,839) and Depreciation (+€48,588)
- Current portion of long-term debt +€50,839
up €50,839 (+105%), from €48,314 to €99,152
- Debts after one year -€49,202
down €49,202 (-10.7%), from €461,647 to €412,445
- Tax, wage and social debts -€10,279
down €10,279 (-23.3%), from €44,116 to €33,838
of which Taxes: -€10,279
- Gross operating margin -€39,184
down €39,184 (-35.0%), from €111,985 to €72,801
- Taxes -€11,854
down €11,854 (-75.6%), from €15,676 to €3,822
- Depreciation +€1,172
up €1,172 (+2.5%), from €47,416 to €48,588
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 | €927,366 | €912,611 | -€14,754 | -1.6% |
| Fixed assets | 21/28 | €897,553 | €848,965 | -€48,588 | -5.4% |
| Intangible fixed assets | 21 | €13,682 | €10,622 | -€3,060 | -22.4% |
| Tangible fixed assets | 22/27 | €883,871 | €838,343 | -€45,528 | -5.2% |
| Land and buildings | 22 | €826,968 | €794,615 | -€32,353 | -3.9% |
| Plant, machinery and equipment | 23 | €2,792 | €1,398 | -€1,394 | -49.9% |
| Furniture and vehicles | 24 | €54,112 | €42,330 | -€11,782 | -21.8% |
| Current assets | 29/58 | €29,812 | €63,646 | +€33,834 | +113% |
| Amounts receivable within one year | 40/41 | €2,314 | €8,127 | +€5,813 | +251% |
| Trade receivables | 40 | €2,200 | €8,030 | +€5,830 | +265% |
| Other amounts receivable | 41 | €114 | €97 | -€17 | -14.6% |
| Cash at bank and in hand | 54/58 | €16,151 | €45,473 | +€29,322 | +182% |
| Deferred charges and accrued income | 490/1 | €11,347 | €10,046 | -€1,301 | -11.5% |
| Total equity and liabilities | 10/49 | €927,366 | €912,611 | -€14,754 | -1.6% |
| Equity | 10/15 | €187,415 | €188,380 | +€965 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,215 | €182,180 | +€965 | +0.5% |
| Distributable reserves | 133 | €181,215 | €182,180 | +€965 | +0.5% |
| Amounts payable | 17/49 | €739,951 | €724,231 | -€15,720 | -2.1% |
| Amounts payable after more than one year | 17 | €461,647 | €412,445 | -€49,202 | -10.7% |
| Financial debts | 170/4 | €461,647 | €412,445 | -€49,202 | -10.7% |
| Amounts payable within one year | 42/48 | €278,304 | €311,786 | +€33,483 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €48,314 | €99,152 | +€50,839 | +105% |
| Financial debts | 43 | €331 | €303 | -€28 | -8.5% |
| Credit institutions | 430/8 | €331 | €303 | -€28 | -8.5% |
| Trade debts | 44 | €25,889 | €19,744 | -€6,145 | -23.7% |
| Suppliers | 440/4 | €25,889 | €19,744 | -€6,145 | -23.7% |
| Taxes, remuneration and social security | 45 | €44,116 | €33,838 | -€10,279 | -23.3% |
| Taxes | 450/3 | €41,116 | €30,838 | -€10,279 | -25.0% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €159,654 | €158,749 | -€905 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,416 | €48,588 | +€1,172 | +2.5% |
| Other operating charges | 640/8 | €3,191 | €3,122 | -€70 | -2.2% |
| Non-recurring operating charges | 66A | €142 | - | -€142 | |
| Gross operating margin | 9900 | €111,985 | €72,801 | -€39,184 | -35.0% |
| Operating profit (loss) | 9901 | €61,236 | €21,091 | -€40,145 | -65.6% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €14,221 | €14,615 | +€395 | +2.8% |
| Recurring financial charges | 65 | €14,221 | €14,615 | +€395 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €47,016 | €6,506 | -€40,510 | -86.2% |
| Income taxes | 67/77 | €15,676 | €3,822 | -€11,854 | -75.6% |
| Profit (loss) for the period | 9904 | €31,339 | €2,683 | -€28,656 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,339 | €2,683 | -€28,656 | -91.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.