Willems Perlite: 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 Perlite
Largest movements
- Cash +€74,565
up €74,565 (+20.7%), from €360,557 to €435,121
mainly Net result for the year (+€143,737) and Depreciation (+€111,536)
- Stocks and contracts -€34,743
down €34,743 (-7.2%), from €482,983 to €448,240
- Debts after one year -€203,468
down €203,468 (-38.9%), from €522,462 to €318,993
- Profit (loss) carried forward +€143,737
up €143,737 (+101%), from €142,063 to €285,800
- Current portion of long-term debt +€63,413
up €63,413 (+34.5%), from €183,983 to €247,395
- Tax, wage and social debts +€33,838
up €33,838 (+30.9%), from €109,530 to €143,368
of which Taxes: +€42,731
- Other debts -€30,503
down €30,503 (-84.7%), from €36,000 to €5,497
- Staff costs -€46,782
down €46,782 (-16.8%), from €278,623 to €231,841
- Depreciation +€22,467
up €22,467 (+25.2%), from €89,068 to €111,536
- Taxes +€21,970
up €21,970 (+61.2%), from €35,923 to €57,893
- Financial charges -€8,141
down €8,141 (-16.6%), from €48,895 to €40,754
- Other operating charges +€7,017
up €7,017 (+291%), from €2,408 to €9,425
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 | €1,582,602 | €1,607,641 | +€25,039 | +1.6% |
| Fixed assets | 21/28 | €303,103 | €294,458 | -€8,645 | -2.9% |
| Tangible fixed assets | 22/27 | €303,103 | €294,458 | -€8,645 | -2.9% |
| Land and buildings | 22 | €6,002 | €2,846 | -€3,157 | -52.6% |
| Plant, machinery and equipment | 23 | €254,543 | €204,326 | -€50,217 | -19.7% |
| Furniture and vehicles | 24 | €4,987 | €3,804 | -€1,183 | -23.7% |
| Leasing and similar rights | 25 | €37,571 | €83,482 | +€45,911 | +122% |
| Current assets | 29/58 | €1,279,499 | €1,313,183 | +€33,684 | +2.6% |
| Stocks and contracts in progress | 3 | €482,983 | €448,240 | -€34,743 | -7.2% |
| Stocks | 30/36 | €482,983 | €448,240 | -€34,743 | -7.2% |
| Amounts receivable within one year | 40/41 | €416,251 | €413,499 | -€2,752 | -0.7% |
| Trade receivables | 40 | €350,956 | €389,731 | +€38,775 | +11.0% |
| Other amounts receivable | 41 | €65,295 | €23,768 | -€41,527 | -63.6% |
| Cash at bank and in hand | 54/58 | €360,557 | €435,121 | +€74,565 | +20.7% |
| Deferred charges and accrued income | 490/1 | €19,709 | €16,323 | -€3,385 | -17.2% |
| Total equity and liabilities | 10/49 | €1,582,602 | €1,607,641 | +€25,039 | +1.6% |
| Equity | 10/15 | €289,955 | €433,692 | +€143,737 | +49.6% |
| Contributions | 10/11 | €134,100 | €134,100 | = | 0.0% |
| Capital | 10 | €134,100 | €134,100 | = | 0.0% |
| Issued capital | 100 | €134,100 | €134,100 | = | 0.0% |
| Reserves | 13 | €13,792 | €13,792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,410 | €13,410 | = | 0.0% |
| Legal reserve | 130 | €13,410 | €13,410 | = | 0.0% |
| Distributable reserves | 133 | €382 | €382 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,063 | €285,800 | +€143,737 | +101% |
| Amounts payable | 17/49 | €1,292,647 | €1,173,949 | -€118,698 | -9.2% |
| Amounts payable after more than one year | 17 | €522,462 | €318,993 | -€203,468 | -38.9% |
| Financial debts | 170/4 | €522,462 | €318,993 | -€203,468 | -38.9% |
| Amounts payable within one year | 42/48 | €739,552 | €817,173 | +€77,621 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €183,983 | €247,395 | +€63,413 | +34.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €410,039 | €420,912 | +€10,873 | +2.7% |
| Suppliers | 440/4 | €410,039 | €420,912 | +€10,873 | +2.7% |
| Taxes, remuneration and social security | 45 | €109,530 | €143,368 | +€33,838 | +30.9% |
| Taxes | 450/3 | €68,089 | €110,820 | +€42,731 | +62.8% |
| Remuneration and social security | 454/9 | €41,442 | €32,548 | -€8,893 | -21.5% |
| Other amounts payable | 47/48 | €36,000 | €5,497 | -€30,503 | -84.7% |
| Accrued charges and deferred income | 492/3 | €30,634 | €37,783 | +€7,149 | +23.3% |
| Non-recurring operating income | 76A | €4,000 | €18,836 | +€14,836 | +371% |
| Remuneration, social security and pensions | 62 | €278,623 | €231,841 | -€46,782 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,068 | €111,536 | +€22,467 | +25.2% |
| Other operating charges | 640/8 | €2,408 | €9,425 | +€7,017 | +291% |
| Gross operating margin | 9900 | €599,760 | €593,243 | -€6,517 | -1.1% |
| Operating profit (loss) | 9901 | €229,660 | €240,441 | +€10,780 | +4.7% |
| Financial income | 75/76B | €346 | €1,943 | +€1,597 | +461% |
| Recurring financial income | 75 | €346 | €1,943 | +€1,597 | +461% |
| Financial charges | 65/66B | €48,895 | €40,754 | -€8,141 | -16.6% |
| Recurring financial charges | 65 | €48,895 | €40,754 | -€8,141 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €181,112 | €201,630 | +€20,518 | +11.3% |
| Income taxes | 67/77 | €35,923 | €57,893 | +€21,970 | +61.2% |
| Profit (loss) for the period | 9904 | €145,189 | €143,737 | -€1,452 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,189 | €143,737 | -€1,452 | -1.0% |
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 17 October 2026 via checked.be.