Willems HRTC: what changed
What changed
Willems HRTC
NACE 94.993, Activities of membership organisations
filed annual accounts (NBB)
Net result for the year
€54,427
2024 · €52,337+€2,089
Equity
€173,249
2024 · €233,504-€60,255
Cash
€203,548
2024 · €186,196+€17,352
Balance sheet total
€300,238
2024 · €279,629+€20,609
Largest movements
Assets
- Cash +€17,352
up €17,352 (+9.3%), from €186,196 to €203,548
mainly Other debts (+€81,214) and Net result for the year (+€54,427)
- Receivables within one year +€3,576
up €3,576 (+15.2%), from €23,495 to €27,071
of which Trade receivables: +€3,816
Equity and liabilities
- Other debts +€81,214
up €81,214 (+243%), from €33,468 to €114,682
- Reserves -€60,255
down €60,255 (-26.5%), from €227,304 to €167,049
Income statement
- Depreciation -€1,047
down €1,047 (-40.6%), from €2,576 to €1,529
- Gross operating margin +€1,040
up €1,040 (+1.3%), from €77,815 to €78,855
- Taxes +€943
up €943 (+4.5%), from €20,797 to €21,741
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€52,337
Gross operating margin
+€1,040
Depreciation
+€1,047
Other operating charges
+€97
Financial income
+€487
Financial charges
+€362
Taxes
-€943
Result 2025
€54,427
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€132,546
Investment
-€1,156
Financing
-€114,037
Cash 2024
€186,196
From operations (derived)
+€132,546
Net result for the year
+€54,427
Depreciation
+€1,529
Receivables within one year
-€3,576
Deferred charges and accrued income
-€53
Trade debts
-€520
Tax, wage and social debts
-€474
Other debts
+€81,214
Investment (derived)
-€1,156
Investment in fixed assets (net)
-€1,156
Financing
-€114,037
Short-term financial debts
+€645
Contributions, distributions and other
-€114,682
Cash 2025
€203,548
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,629 | €300,238 | +€20,609 | +7.4% |
| Fixed assets | 21/28 | €6,227 | €5,854 | -€373 | -6.0% |
| Tangible fixed assets | 22/27 | €6,227 | €5,854 | -€373 | -6.0% |
| Plant, machinery and equipment | 23 | €1,173 | €1,049 | -€125 | -10.6% |
| Furniture and vehicles | 24 | €862 | €1,041 | +€179 | +20.8% |
| Other tangible fixed assets | 26 | €4,192 | €3,764 | -€427 | -10.2% |
| Current assets | 29/58 | €273,402 | €294,384 | +€20,982 | +7.7% |
| Amounts receivable within one year | 40/41 | €23,495 | €27,071 | +€3,576 | +15.2% |
| Trade receivables | 40 | €16,229 | €20,045 | +€3,816 | +23.5% |
| Other amounts receivable | 41 | €7,266 | €7,026 | -€240 | -3.3% |
| Current investments | 50/53 | €63,477 | €63,477 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €186,196 | €203,548 | +€17,352 | +9.3% |
| Deferred charges and accrued income | 490/1 | €234 | €287 | +€53 | +22.6% |
| Total equity and liabilities | 10/49 | €279,629 | €300,238 | +€20,609 | +7.4% |
| Equity | 10/15 | €233,504 | €173,249 | -€60,255 | -25.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €227,304 | €167,049 | -€60,255 | -26.5% |
| Distributable reserves | 133 | €227,304 | €167,049 | -€60,255 | -26.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,125 | €126,989 | +€80,864 | +175% |
| Amounts payable within one year | 42/48 | €45,125 | €125,989 | +€80,864 | +179% |
| Financial debts | 43 | €94 | €738 | +€645 | +689% |
| Credit institutions | 430/8 | - | €738 | +€738 | |
| Other loans | 439 | €94 | €0 | -€94 | -100% |
| Trade debts | 44 | €2,019 | €1,499 | -€520 | -25.8% |
| Suppliers | 440/4 | €2,019 | €1,499 | -€520 | -25.8% |
| Taxes, remuneration and social security | 45 | €9,544 | €9,070 | -€474 | -5.0% |
| Taxes | 450/3 | €9,544 | €9,070 | -€474 | -5.0% |
| Other amounts payable | 47/48 | €33,468 | €114,682 | +€81,214 | +243% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,576 | €1,529 | -€1,047 | -40.6% |
| Other operating charges | 640/8 | €900 | €803 | -€97 | -10.7% |
| Gross operating margin | 9900 | €77,815 | €78,855 | +€1,040 | +1.3% |
| Operating profit (loss) | 9901 | €74,340 | €76,523 | +€2,183 | +2.9% |
| Financial income | 75/76B | €1,567 | €2,054 | +€487 | +31.1% |
| Recurring financial income | 75 | €1,567 | €2,054 | +€487 | +31.1% |
| Financial charges | 65/66B | €2,773 | €2,410 | -€362 | -13.1% |
| Recurring financial charges | 65 | €2,773 | €2,410 | -€362 | -13.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €73,135 | €76,167 | +€3,033 | +4.1% |
| Income taxes | 67/77 | €20,797 | €21,741 | +€943 | +4.5% |
| Profit (loss) for the period | 9904 | €52,337 | €54,427 | +€2,089 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,337 | €54,427 | +€2,089 | +4.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.