Willems Equipment: 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 Equipment
Largest movements
- Receivables within one year +€4,125
up €4,125 (+40.1%), from €10,290 to €14,416
of which Other amounts receivable: +€8,173
- Cash -€2,065
down €2,065 (-9.4%), from €22,077 to €20,012
mainly Tax, wage and social debts (-€5,442) and Receivables within one year (-€4,125)
- Tax, wage and social debts -€5,442
down €5,442 (-44.4%), from €12,263 to €6,820
of which Taxes: -€4,742
- Reserves +€4,827
up €4,827 (+30.3%), from €15,954 to €20,781
- Trade debts +€2,218
up €2,218 (+893%), from €248 to €2,466
- Gross operating margin -€11,071
down €11,071 (-53.3%), from €20,759 to €9,688
- Taxes -€2,720
down €2,720 (-68.1%), from €3,998 to €1,277
- Depreciation +€1,887
up €1,887 (+297%), from €634 to €2,521
- Other operating charges +€868
up €868 (+564%), from €154 to €1,022
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 | €43,783 | €45,385 | +€1,603 | +3.7% |
| Fixed assets | 21/28 | €11,416 | €10,958 | -€458 | -4.0% |
| Intangible fixed assets | 21 | €75 | €0 | -€75 | -100% |
| Tangible fixed assets | 22/27 | €11,341 | €10,958 | -€383 | -3.4% |
| Plant, machinery and equipment | 23 | - | €2,007 | +€2,007 | |
| Furniture and vehicles | 24 | €11,341 | €8,951 | -€2,390 | -21.1% |
| Current assets | 29/58 | €32,367 | €34,428 | +€2,061 | +6.4% |
| Amounts receivable within one year | 40/41 | €10,290 | €14,416 | +€4,125 | +40.1% |
| Trade receivables | 40 | €10,290 | €6,243 | -€4,048 | -39.3% |
| Other amounts receivable | 41 | - | €8,173 | +€8,173 | |
| Cash at bank and in hand | 54/58 | €22,077 | €20,012 | -€2,065 | -9.4% |
| Total equity and liabilities | 10/49 | €43,783 | €45,385 | +€1,603 | +3.7% |
| Equity | 10/15 | €18,954 | €23,781 | +€4,827 | +25.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,954 | €20,781 | +€4,827 | +30.3% |
| Distributable reserves | 133 | €15,954 | €20,781 | +€4,827 | +30.3% |
| Amounts payable | 17/49 | €24,828 | €21,604 | -€3,224 | -13.0% |
| Amounts payable within one year | 42/48 | €24,728 | €21,504 | -€3,224 | -13.0% |
| Trade debts | 44 | €248 | €2,466 | +€2,218 | +893% |
| Suppliers | 440/4 | €248 | €2,466 | +€2,218 | +893% |
| Taxes, remuneration and social security | 45 | €12,263 | €6,820 | -€5,442 | -44.4% |
| Taxes | 450/3 | €9,363 | €4,620 | -€4,742 | -50.7% |
| Remuneration and social security | 454/9 | €2,900 | €2,200 | -€700 | -24.1% |
| Other amounts payable | 47/48 | €12,217 | €12,217 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €100 | €100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €2,521 | +€1,887 | +297% |
| Other operating charges | 640/8 | €154 | €1,022 | +€868 | +564% |
| Gross operating margin | 9900 | €20,759 | €9,688 | -€11,071 | -53.3% |
| Operating profit (loss) | 9901 | €19,970 | €6,145 | -€13,826 | -69.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €18 | €40 | +€22 | +120% |
| Recurring financial charges | 65 | €18 | €40 | +€22 | +120% |
| Profit (loss) for the period before taxes | 9903 | €19,952 | €6,104 | -€13,848 | -69.4% |
| Income taxes | 67/77 | €3,998 | €1,277 | -€2,720 | -68.1% |
| Profit (loss) for the period | 9904 | €15,954 | €4,827 | -€11,127 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,954 | €4,827 | -€11,127 | -69.7% |
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 22 October 2026 via checked.be.