Willems Dieter: 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 Dieter
Largest movements
- Current investments -€72,550
down €72,550 (-62.7%), from €115,696 to €43,146
- Tangible fixed assets +€39,785
up €39,785 (+5,587%), from €712 to €40,497
of which Furniture and vehicles: +€38,067
- Cash +€39,254
up €39,254 (+35.2%), from €111,464 to €150,718
mainly Other debts (+€139,471) and Net result for the year (+€128,795)
- Other debts +€139,471
up €139,471 (+3,947%), from €3,533 to €143,005
- Reserves -€123,871
down €123,871 (-55.3%), from €223,871 to €100,000
- Profit (loss) carried forward -€11,244
down €11,244 (-100%), from €11,244 to €0
- Tax, wage and social debts +€2,940
up €2,940 (+74.7%), from €3,937 to €6,877
- Gross operating margin +€13,510
up €13,510 (+8.7%), from €155,771 to €169,281
- Depreciation +€8,211
up €8,211 (+1,925%), from €426 to €8,638
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 | €246,969 | €254,252 | +€7,283 | +2.9% |
| Fixed assets | 21/28 | €712 | €40,497 | +€39,785 | +5,587% |
| Tangible fixed assets | 22/27 | €712 | €40,497 | +€39,785 | +5,587% |
| Plant, machinery and equipment | 23 | €712 | €2,430 | +€1,717 | +241% |
| Furniture and vehicles | 24 | - | €38,067 | +€38,067 | |
| Current assets | 29/58 | €246,257 | €213,756 | -€32,501 | -13.2% |
| Current investments | 50/53 | €115,696 | €43,146 | -€72,550 | -62.7% |
| Cash at bank and in hand | 54/58 | €111,464 | €150,718 | +€39,254 | +35.2% |
| Deferred charges and accrued income | 490/1 | €19,097 | €19,892 | +€795 | +4.2% |
| Total equity and liabilities | 10/49 | €246,969 | €254,252 | +€7,283 | +2.9% |
| Equity | 10/15 | €239,115 | €104,000 | -€135,115 | -56.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €223,871 | €100,000 | -€123,871 | -55.3% |
| Distributable reserves | 133 | €223,871 | €100,000 | -€123,871 | -55.3% |
| Profit (loss) carried forward | 14 | €11,244 | €0 | -€11,244 | -100% |
| Amounts payable | 17/49 | €7,854 | €150,252 | +€142,398 | +1,813% |
| Amounts payable within one year | 42/48 | €7,579 | €149,881 | +€142,303 | +1,878% |
| Trade debts | 44 | €108 | €0 | -€108 | -100% |
| Suppliers | 440/4 | €108 | €0 | -€108 | -100% |
| Taxes, remuneration and social security | 45 | €3,937 | €6,877 | +€2,940 | +74.7% |
| Taxes | 450/3 | €3,937 | €6,877 | +€2,940 | +74.7% |
| Other amounts payable | 47/48 | €3,533 | €143,005 | +€139,471 | +3,947% |
| Accrued charges and deferred income | 492/3 | €276 | €371 | +€96 | +34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €8,638 | +€8,211 | +1,925% |
| Other operating charges | 640/8 | €681 | €589 | -€91 | -13.4% |
| Gross operating margin | 9900 | €155,771 | €169,281 | +€13,510 | +8.7% |
| Operating profit (loss) | 9901 | €154,664 | €160,054 | +€5,390 | +3.5% |
| Financial income | 75/76B | €4,667 | €4,874 | +€208 | +4.4% |
| Recurring financial income | 75 | €4,667 | €4,874 | +€208 | +4.4% |
| Financial charges | 65/66B | €623 | €798 | +€175 | +28.1% |
| Recurring financial charges | 65 | €623 | €798 | +€175 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €158,708 | €164,130 | +€5,422 | +3.4% |
| Income taxes | 67/77 | €34,837 | €35,334 | +€497 | +1.4% |
| Profit (loss) for the period | 9904 | €123,871 | €128,795 | +€4,925 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €123,871 | €128,795 | +€4,925 | +4.0% |
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 18 October 2026 via checked.be.