Willems Evy: 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 Evy
Largest movements
- Cash +€187,050
up €187,050 (+49.4%), from €378,701 to €565,751
mainly Other debts (+€499,853) and Net result for the year (+€206,866)
- Current investments -€175,000
no longer reported in 2025 (was €175,000)
- Reserves -€504,825
down €504,825 (-43.4%), from €1.2m to €658,928
of which Distributable reserves: -€504,825
- Other debts +€499,853
new in 2025: €499,853
- Tax, wage and social debts +€24,085
up €24,085 (+241%), from €10,002 to €34,087
- Financial income -€20,737
down €20,737 (-10.9%), from €189,492 to €168,755
- Gross operating margin -€9,228
down €9,228 (-12.5%), from €73,855 to €64,627
- Taxes -€2,251
down €2,251 (-10.4%), from €21,706 to €19,455
- Depreciation -€1,045
down €1,045 (-39.8%), from €2,626 to €1,581
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 | €1,194,868 | €1,214,166 | +€19,297 | +1.6% |
| Fixed assets | 21/28 | €629,281 | €627,700 | -€1,581 | -0.3% |
| Tangible fixed assets | 22/27 | €4,281 | €2,700 | -€1,581 | -36.9% |
| Plant, machinery and equipment | 23 | €1,897 | €1,301 | -€595 | -31.4% |
| Furniture and vehicles | 24 | €530 | €129 | -€401 | -75.7% |
| Other tangible fixed assets | 26 | €1,855 | €1,270 | -€585 | -31.5% |
| Financial fixed assets | 28 | €625,000 | €625,000 | = | 0.0% |
| Current assets | 29/58 | €565,587 | €586,466 | +€20,878 | +3.7% |
| Amounts receivable within one year | 40/41 | €8,805 | €17,336 | +€8,530 | +96.9% |
| Trade receivables | 40 | €99 | €99 | = | 0.0% |
| Other amounts receivable | 41 | €8,706 | €17,237 | +€8,530 | +98.0% |
| Current investments | 50/53 | €175,000 | - | -€175,000 | |
| Cash at bank and in hand | 54/58 | €378,701 | €565,751 | +€187,050 | +49.4% |
| Deferred charges and accrued income | 490/1 | €3,081 | €3,379 | +€298 | +9.7% |
| Total equity and liabilities | 10/49 | €1,194,868 | €1,214,166 | +€19,297 | +1.6% |
| Equity | 10/15 | €1,182,354 | €677,528 | -€504,825 | -42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,163,754 | €658,928 | -€504,825 | -43.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,161,894 | €657,068 | -€504,825 | -43.4% |
| Amounts payable | 17/49 | €12,515 | €536,637 | +€524,123 | +4,188% |
| Amounts payable within one year | 42/48 | €12,515 | €536,637 | +€524,123 | +4,188% |
| Trade debts | 44 | €2,513 | €2,697 | +€184 | +7.3% |
| Suppliers | 440/4 | €2,513 | €2,697 | +€184 | +7.3% |
| Taxes, remuneration and social security | 45 | €10,002 | €34,087 | +€24,085 | +241% |
| Taxes | 450/3 | €10,002 | €34,087 | +€24,085 | +241% |
| Other amounts payable | 47/48 | - | €499,853 | +€499,853 | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,626 | €1,581 | -€1,045 | -39.8% |
| Other operating charges | 640/8 | €2,072 | €2,214 | +€142 | +6.9% |
| Gross operating margin | 9900 | €73,855 | €64,627 | -€9,228 | -12.5% |
| Operating profit (loss) | 9901 | €69,157 | €60,832 | -€8,324 | -12.0% |
| Financial income | 75/76B | €189,492 | €168,755 | -€20,737 | -10.9% |
| Recurring financial income | 75 | €189,492 | €168,755 | -€20,737 | -10.9% |
| Financial charges | 65/66B | €3,648 | €3,266 | -€381 | -10.5% |
| Recurring financial charges | 65 | €3,648 | €3,266 | -€381 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €255,001 | €226,321 | -€28,680 | -11.2% |
| Income taxes | 67/77 | €21,706 | €19,455 | -€2,251 | -10.4% |
| Profit (loss) for the period | 9904 | €233,295 | €206,866 | -€26,429 | -11.3% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €233,295 | €206,866 | -€26,429 | -11.3% |
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.