WILLEMS ECONSULT: 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 ECONSULT
Largest movements
- Current investments +€25,562
up €25,562 (+29.5%), from €86,706 to €112,268
- Cash +€25,054
up €25,054 (+36.7%), from €68,236 to €93,290
mainly Net result for the year (+€64,461) and Investment in fixed assets (net) (+€1,753)
- Receivables within one year +€5,324
up €5,324 (+80.0%), from €6,655 to €11,979
- Profit (loss) carried forward +€64,461
up €64,461 (+4,588%), from €1,405 to €65,866
- Tax, wage and social debts -€9,085
down €9,085 (-29.3%), from €31,029 to €21,943
- Taxes -€10,404
down €10,404 (-46.1%), from €22,557 to €12,153
- Gross operating margin +€6,432
up €6,432 (+9.4%), from €68,264 to €74,696
- Depreciation -€2,442
down €2,442 (-98.5%), from €2,479 to €37
- Financial income +€2,001
up €2,001 (+140%), from €1,427 to €3,427
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 | €168,894 | €224,073 | +€55,179 | +32.7% |
| Fixed assets | 21/28 | €6,602 | €4,812 | -€1,790 | -27.1% |
| Tangible fixed assets | 22/27 | €6,602 | €4,812 | -€1,790 | -27.1% |
| Plant, machinery and equipment | 23 | - | €4,812 | +€4,812 | |
| Furniture and vehicles | 24 | €6,602 | - | -€6,602 | |
| Current assets | 29/58 | €162,292 | €219,262 | +€56,970 | +35.1% |
| Amounts receivable within one year | 40/41 | €6,655 | €11,979 | +€5,324 | +80.0% |
| Trade receivables | 40 | €6,655 | €11,979 | +€5,324 | +80.0% |
| Current investments | 50/53 | €86,706 | €112,268 | +€25,562 | +29.5% |
| Cash at bank and in hand | 54/58 | €68,236 | €93,290 | +€25,054 | +36.7% |
| Deferred charges and accrued income | 490/1 | €694 | €1,724 | +€1,030 | +148% |
| Total equity and liabilities | 10/49 | €168,894 | €224,073 | +€55,179 | +32.7% |
| Equity | 10/15 | €137,405 | €201,866 | +€64,461 | +46.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,000 | €131,000 | = | 0.0% |
| Distributable reserves | 133 | €131,000 | €131,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,405 | €65,866 | +€64,461 | +4,588% |
| Amounts payable | 17/49 | €31,489 | €22,207 | -€9,281 | -29.5% |
| Amounts payable within one year | 42/48 | €31,489 | €22,207 | -€9,281 | -29.5% |
| Trade debts | 44 | €460 | €32 | -€429 | -93.1% |
| Suppliers | 440/4 | €460 | €32 | -€429 | -93.1% |
| Taxes, remuneration and social security | 45 | €31,029 | €21,943 | -€9,085 | -29.3% |
| Taxes | 450/3 | €31,029 | €21,943 | -€9,085 | -29.3% |
| Other amounts payable | 47/48 | - | €233 | +€233 | |
| Non-recurring operating income | 76A | - | €7,398 | +€7,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,479 | €37 | -€2,442 | -98.5% |
| Other operating charges | 640/8 | €776 | €932 | +€156 | +20.1% |
| Gross operating margin | 9900 | €68,264 | €74,696 | +€6,432 | +9.4% |
| Operating profit (loss) | 9901 | €65,009 | €73,726 | +€8,718 | +13.4% |
| Financial income | 75/76B | €1,427 | €3,427 | +€2,001 | +140% |
| Recurring financial income | 75 | €1,427 | €3,427 | +€2,001 | +140% |
| Financial charges | 65/66B | €362 | €540 | +€178 | +49.3% |
| Recurring financial charges | 65 | €362 | €540 | +€178 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | €66,073 | €76,613 | +€10,540 | +16.0% |
| Income taxes | 67/77 | €22,557 | €12,153 | -€10,404 | -46.1% |
| Profit (loss) for the period | 9904 | €43,517 | €64,461 | +€20,944 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,517 | €64,461 | +€20,944 | +48.1% |
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 30 October 2026 via checked.be.