Willems Holding Group: 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 Holding Group
Largest movements
- Receivables within one year -€260
down €260 (-86.2%), from €302 to €42
of which Other amounts receivable: -€300
- Cash -€255
down €255 (-95.5%), from €267 to €12
mainly Net result for the year (-€2,838)
- Profit (loss) carried forward -€2,838
down €2,838 (-51.6%), from -€5,502 to -€8,340
- Trade debts +€2,045
up €2,045 (+221%), from €923 to €2,969
- Other debts +€253
up €253 (+72.8%), from €348 to €600
- Gross operating margin -€24,624
down €24,624, from €22,293 to -€2,330
- Write-downs -€12,507
no longer reported in 2025 (was €12,507)
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 | €3,769 | €3,254 | -€515 | -13.7% |
| Fixed assets | 21/28 | €3,200 | €3,200 | = | 0.0% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €569 | €54 | -€515 | -90.5% |
| Amounts receivable within one year | 40/41 | €302 | €42 | -€260 | -86.2% |
| Trade receivables | 40 | - | €40 | +€40 | |
| Other amounts receivable | 41 | €302 | €2 | -€300 | -99.4% |
| Cash at bank and in hand | 54/58 | €267 | €12 | -€255 | -95.5% |
| Total equity and liabilities | 10/49 | €3,769 | €3,254 | -€515 | -13.7% |
| Equity | 10/15 | €2,498 | -€340 | -€2,838 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,502 | -€8,340 | -€2,838 | -51.6% |
| Amounts payable | 17/49 | €1,271 | €3,594 | +€2,323 | +183% |
| Amounts payable within one year | 42/48 | €1,271 | €3,569 | +€2,298 | +181% |
| Trade debts | 44 | €923 | €2,969 | +€2,045 | +221% |
| Suppliers | 440/4 | €923 | €2,969 | +€2,045 | +221% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €348 | €600 | +€253 | +72.8% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Non-recurring operating income | 76A | - | €1,632 | +€1,632 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,507 | - | -€12,507 | |
| Other operating charges | 640/8 | €564 | €400 | -€165 | -29.2% |
| Gross operating margin | 9900 | €22,293 | -€2,330 | -€24,624 | |
| Operating profit (loss) | 9901 | €9,221 | -€2,730 | -€11,952 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €156 | €108 | -€48 | -30.7% |
| Recurring financial charges | 65 | €156 | €108 | -€48 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €9,066 | -€2,838 | -€11,904 | |
| Profit (loss) for the period | 9904 | €9,066 | -€2,838 | -€11,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,066 | -€2,838 | -€11,904 |
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 27 October 2026 via checked.be.