WILLEMS DEVELOPMENT: what changed
Two fiscal 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 DEVELOPMENT
Largest movements
- Cash -€21,832
down €21,832 (-64.1%), from €34,037 to €12,205
mainly Contributions, distributions and other (-€28,000) and Receivables within one year (-€75)
- Profit (loss) carried forward -€22,237
down €22,237 (-77.2%), from €28,802 to €6,565
- Other debts +€480
up €480 (+9.3%), from €5,135 to €5,615
- Financial income -€1,127
down €1,127 (-10.9%), from €10,377 to €9,250
- Gross operating margin -€789
down €789 (-29.8%), from -€2,651 to -€3,440
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.
Cash bridge derived
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 | €35,937 | €14,180 | -€21,757 | -60.5% |
| Fixed assets | 21/28 | €1,900 | €1,900 | = | 0.0% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €34,037 | €12,280 | -€21,757 | -63.9% |
| Amounts receivable within one year | 40/41 | - | €75 | +€75 | |
| Other amounts receivable | 41 | - | €75 | +€75 | |
| Cash at bank and in hand | 54/58 | €34,037 | €12,205 | -€21,832 | -64.1% |
| Total equity and liabilities | 10/49 | €35,937 | €14,180 | -€21,757 | -60.5% |
| Equity | 10/15 | €30,802 | €8,565 | -€22,237 | -72.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,802 | €6,565 | -€22,237 | -77.2% |
| Amounts payable | 17/49 | €5,135 | €5,615 | +€480 | +9.3% |
| Amounts payable within one year | 42/48 | €5,135 | €5,615 | +€480 | +9.3% |
| Other amounts payable | 47/48 | €5,135 | €5,615 | +€480 | +9.3% |
| Gross operating margin | 9900 | -€2,651 | -€3,440 | -€789 | -29.8% |
| Operating profit (loss) | 9901 | -€2,651 | -€3,440 | -€789 | -29.8% |
| Financial income | 75/76B | €10,377 | €9,250 | -€1,127 | -10.9% |
| Recurring financial income | 75 | €10,377 | €9,250 | -€1,127 | -10.9% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,679 | €5,763 | -€1,916 | -25.0% |
| Profit (loss) for the period | 9904 | €7,679 | €5,763 | -€1,916 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,679 | €5,763 | -€1,916 | -25.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.