Willems Diamonds: 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 Diamonds
Largest movements
- Stocks and contracts +€97,527
up €97,527 (+402%), from €24,244 to €121,770
- Receivables within one year +€45,977
up €45,977 (+112%), from €40,915 to €86,893
of which Trade receivables: +€35,449
- Cash -€33,554
down €33,554 (-73.6%), from €45,583 to €12,029
mainly Stocks and contracts (-€97,527) and Receivables within one year (-€45,977)
- Tangible fixed assets -€32,496
down €32,496 (-19.7%), from €165,030 to €132,534
of which Plant, machinery and equipment: -€23,092
- Accrued charges and deferred income +€64,212
new in 2025: €64,212
- Debts after one year -€34,177
down €34,177 (-54.7%), from €62,518 to €28,341
- Other debts +€29,250
up €29,250 (+491%), from €5,954 to €35,204
- Tax, wage and social debts +€17,162
up €17,162 (+203%), from €8,438 to €25,599
of which Taxes: +€13,216
- Reserves +€16,549
up €16,549 (+24.0%), from €68,954 to €85,503
- Gross operating margin +€26,665
up €26,665 (+9.9%), from €270,208 to €296,872
- Taxes +€10,674
up €10,674 (+757%), from €1,410 to €12,083
- Staff costs -€9,873
down €9,873 (-4.9%), from €202,662 to €192,789
- Financial charges +€8,867
up €8,867 (+112%), from €7,896 to €16,763
- Depreciation +€3,829
up €3,829 (+7.2%), from €53,187 to €57,015
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 | €314,415 | €388,026 | +€73,611 | +23.4% |
| Fixed assets | 21/28 | €165,030 | €132,534 | -€32,496 | -19.7% |
| Tangible fixed assets | 22/27 | €165,030 | €132,534 | -€32,496 | -19.7% |
| Land and buildings | 22 | €23,399 | €28,781 | +€5,382 | +23.0% |
| Plant, machinery and equipment | 23 | €102,013 | €78,921 | -€23,092 | -22.6% |
| Furniture and vehicles | 24 | €39,618 | €24,831 | -€14,787 | -37.3% |
| Current assets | 29/58 | €149,385 | €255,492 | +€106,107 | +71.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €24,244 | €121,770 | +€97,527 | +402% |
| Stocks | 30/36 | €24,244 | €121,770 | +€97,527 | +402% |
| Amounts receivable within one year | 40/41 | €40,915 | €86,893 | +€45,977 | +112% |
| Trade receivables | 40 | €23,299 | €58,748 | +€35,449 | +152% |
| Other amounts receivable | 41 | €17,616 | €28,145 | +€10,528 | +59.8% |
| Cash at bank and in hand | 54/58 | €45,583 | €12,029 | -€33,554 | -73.6% |
| Deferred charges and accrued income | 490/1 | €38,644 | €34,800 | -€3,843 | -9.9% |
| Total equity and liabilities | 10/49 | €314,415 | €388,026 | +€73,611 | +23.4% |
| Equity | 10/15 | €87,504 | €104,053 | +€16,549 | +18.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €68,954 | €85,503 | +€16,549 | +24.0% |
| Distributable reserves | 133 | €68,954 | €85,503 | +€16,549 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €226,911 | €283,973 | +€57,062 | +25.1% |
| Amounts payable after more than one year | 17 | €62,518 | €28,341 | -€34,177 | -54.7% |
| Financial debts | 170/4 | €62,518 | €28,341 | -€34,177 | -54.7% |
| Amounts payable within one year | 42/48 | €164,393 | €191,420 | +€27,027 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €133,351 | €119,124 | -€14,227 | -10.7% |
| Trade debts | 44 | €16,651 | €11,493 | -€5,158 | -31.0% |
| Suppliers | 440/4 | €16,651 | €11,493 | -€5,158 | -31.0% |
| Taxes, remuneration and social security | 45 | €8,438 | €25,599 | +€17,162 | +203% |
| Taxes | 450/3 | €0 | €13,216 | +€13,216 | |
| Remuneration and social security | 454/9 | €8,438 | €12,384 | +€3,946 | +46.8% |
| Other amounts payable | 47/48 | €5,954 | €35,204 | +€29,250 | +491% |
| Accrued charges and deferred income | 492/3 | - | €64,212 | +€64,212 | |
| Remuneration, social security and pensions | 62 | €202,662 | €192,789 | -€9,873 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,187 | €57,015 | +€3,829 | +7.2% |
| Other operating charges | 640/8 | €3,291 | €2,499 | -€793 | -24.1% |
| Gross operating margin | 9900 | €270,208 | €296,872 | +€26,665 | +9.9% |
| Operating profit (loss) | 9901 | €11,068 | €44,570 | +€33,502 | +303% |
| Financial income | 75/76B | €24 | €825 | +€801 | +3,308% |
| Recurring financial income | 75 | €24 | €825 | +€801 | +3,308% |
| Financial charges | 65/66B | €7,896 | €16,763 | +€8,867 | +112% |
| Recurring financial charges | 65 | €7,896 | €16,763 | +€8,867 | +112% |
| Profit (loss) for the period before taxes | 9903 | €3,196 | €28,632 | +€25,436 | +796% |
| Income taxes | 67/77 | €1,410 | €12,083 | +€10,674 | +757% |
| Profit (loss) for the period | 9904 | €1,787 | €16,549 | +€14,762 | +826% |
| Profit (loss) for the period to be appropriated | 9905 | €1,787 | €16,549 | +€14,762 | +826% |
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 31 October 2026 via checked.be.