WILLEMS SCHROOT: 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 SCHROOT
Largest movements
- Receivables within one year +€467,597
up €467,597 (+624%), from €74,900 to €542,497
of which Other amounts receivable: +€449,229
- Cash -€342,799
down €342,799 (-30.0%), from €1.1m to €799,650
mainly Receivables within one year (-€467,597) and Other debts (-€118,252)
- Stocks and contracts -€101,931
down €101,931 (-78.6%), from €129,648 to €27,717
- Deferred charges and accrued income -€23,252
down €23,252 (-60.8%), from €38,245 to €14,992
- Tangible fixed assets -€16,477
down €16,477 (-11.9%), from €138,432 to €121,955
of which Furniture and vehicles: -€10,130
- Other debts -€118,252
no longer reported in 2025 (was €118,252)
- Reserves +€105,554
up €105,554 (+8.2%), from €1.3m to €1.4m
- Gross operating margin +€30,339
up €30,339 (+21.1%), from €143,702 to €174,041
- Taxes +€13,209
up €13,209 (+41.3%), from €31,958 to €45,167
- Financial income +€9,611
new in 2025: €9,611
- Staff costs +€4,017
up €4,017 (+50.3%), from €7,987 to €12,004
- Depreciation -€3,341
down €3,341 (-16.9%), from €19,818 to €16,477
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 | €1,523,809 | €1,506,947 | -€16,862 | -1.1% |
| Fixed assets | 21/28 | €138,567 | €122,090 | -€16,477 | -11.9% |
| Tangible fixed assets | 22/27 | €138,432 | €121,955 | -€16,477 | -11.9% |
| Land and buildings | 22 | €90,322 | €89,242 | -€1,080 | -1.2% |
| Plant, machinery and equipment | 23 | €18,963 | €13,696 | -€5,266 | -27.8% |
| Furniture and vehicles | 24 | €29,147 | €19,017 | -€10,130 | -34.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,385,243 | €1,384,857 | -€385 | 0.0% |
| Stocks and contracts in progress | 3 | €129,648 | €27,717 | -€101,931 | -78.6% |
| Stocks | 30/36 | €129,648 | €27,717 | -€101,931 | -78.6% |
| Amounts receivable within one year | 40/41 | €74,900 | €542,497 | +€467,597 | +624% |
| Trade receivables | 40 | €64,737 | €83,106 | +€18,369 | +28.4% |
| Other amounts receivable | 41 | €10,163 | €459,392 | +€449,229 | +4,420% |
| Cash at bank and in hand | 54/58 | €1,142,450 | €799,650 | -€342,799 | -30.0% |
| Deferred charges and accrued income | 490/1 | €38,245 | €14,992 | -€23,252 | -60.8% |
| Total equity and liabilities | 10/49 | €1,523,809 | €1,506,947 | -€16,862 | -1.1% |
| Equity | 10/15 | €1,391,963 | €1,497,517 | +€105,554 | +7.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,291,963 | €1,397,517 | +€105,554 | +8.2% |
| Distributable reserves | 133 | €1,291,963 | €1,397,517 | +€105,554 | +8.2% |
| Amounts payable | 17/49 | €131,846 | €9,430 | -€122,416 | -92.8% |
| Amounts payable within one year | 42/48 | €131,846 | €9,430 | -€122,416 | -92.8% |
| Trade debts | 44 | €13,015 | €8,420 | -€4,594 | -35.3% |
| Suppliers | 440/4 | €13,015 | €8,420 | -€4,594 | -35.3% |
| Taxes, remuneration and social security | 45 | €580 | €1,010 | +€430 | +74.1% |
| Taxes | 450/3 | - | €114 | +€114 | |
| Remuneration and social security | 454/9 | €580 | €896 | +€316 | +54.5% |
| Other amounts payable | 47/48 | €118,252 | - | -€118,252 | |
| Remuneration, social security and pensions | 62 | €7,987 | €12,004 | +€4,017 | +50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,818 | €16,477 | -€3,341 | -16.9% |
| Other operating charges | 640/8 | €3,979 | €4,228 | +€249 | +6.2% |
| Gross operating margin | 9900 | €143,702 | €174,041 | +€30,339 | +21.1% |
| Operating profit (loss) | 9901 | €111,917 | €141,332 | +€29,415 | +26.3% |
| Financial income | 75/76B | - | €9,611 | +€9,611 | |
| Recurring financial income | 75 | - | €9,611 | +€9,611 | |
| Financial charges | 65/66B | €225 | €222 | -€4 | -1.6% |
| Recurring financial charges | 65 | €225 | €222 | -€4 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €111,692 | €150,721 | +€39,029 | +34.9% |
| Income taxes | 67/77 | €31,958 | €45,167 | +€13,209 | +41.3% |
| Profit (loss) for the period | 9904 | €79,733 | €105,554 | +€25,820 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,733 | €105,554 | +€25,820 | +32.4% |
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 15 October 2026 via checked.be.