WILLEMS SOFTWARE: what changed
Two fiscal 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 SOFTWARE
Largest movements
- Cash -€16,826
down €16,826 (-50.3%), from €33,468 to €16,642
mainly Investment in fixed assets (net) (-€20,959) and Net result for the year (-€6,860)
- Tangible fixed assets +€14,149
up €14,149 (+54.0%), from €26,221 to €40,370
of which Furniture and vehicles: +€13,078
- Receivables within one year -€1,431
down €1,431 (-6.5%), from €22,128 to €20,697
of which Other amounts receivable: -€1,545
- Profit (loss) carried forward -€6,860
down €6,860 (-14.9%), from €46,107 to €39,247
- Tax, wage and social debts +€5,355
new in 2025: €5,355
- Trade debts -€3,076
down €3,076 (-94.5%), from €3,255 to €179
- Staff costs +€11,845
new in 2025: €11,845
- Depreciation +€3,916
up €3,916 (+135.3%), from €2,894 to €6,810
- Taxes -€2,022
down €2,022 (-59.4%), from €3,405 to €1,383
- Gross operating margin +€1,875
up €1,875 (+14.7%), from €12,730 to €14,605
- Other operating charges +€345
up €345 (+35.5%), from €972 to €1,317
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.
Cash bridge derived
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 | €81,817 | €77,709 | -€4,108 | -5.0% |
| Fixed assets | 21/28 | €26,221 | €40,370 | +€14,149 | +54.0% |
| Tangible fixed assets | 22/27 | €26,221 | €40,370 | +€14,149 | +54.0% |
| Land and buildings | 22 | €11,614 | €10,732 | -€882 | -7.6% |
| Plant, machinery and equipment | 23 | €8,672 | €11,424 | +€2,752 | +31.7% |
| Furniture and vehicles | 24 | - | €13,078 | +€13,078 | |
| Leasing and similar rights | 25 | €5,935 | €5,135 | -€800 | -13.5% |
| Current assets | 29/58 | €55,595 | €37,339 | -€18,256 | -32.8% |
| Amounts receivable within one year | 40/41 | €22,128 | €20,697 | -€1,431 | -6.5% |
| Trade receivables | 40 | €20,583 | €20,697 | +€114 | +0.6% |
| Other amounts receivable | 41 | €1,545 | - | -€1,545 | |
| Cash at bank and in hand | 54/58 | €33,468 | €16,642 | -€16,826 | -50.3% |
| Total equity and liabilities | 10/49 | €81,817 | €77,709 | -€4,108 | -5.0% |
| Equity | 10/15 | €77,407 | €70,547 | -€6,860 | -8.9% |
| Contributions | 10/11 | €1,001 | €1,001 | = | 0.0% |
| Reserves | 13 | €30,299 | €30,299 | = | 0.0% |
| Distributable reserves | 133 | €30,299 | €30,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,107 | €39,247 | -€6,860 | -14.9% |
| Amounts payable | 17/49 | €4,410 | €7,162 | +€2,752 | +62.4% |
| Amounts payable within one year | 42/48 | €4,410 | €7,162 | +€2,752 | +62.4% |
| Trade debts | 44 | €3,255 | €179 | -€3,076 | -94.5% |
| Suppliers | 440/4 | €3,255 | €179 | -€3,076 | -94.5% |
| Taxes, remuneration and social security | 45 | - | €5,355 | +€5,355 | |
| Taxes | 450/3 | - | €5,355 | +€5,355 | |
| Other amounts payable | 47/48 | €1,155 | €1,628 | +€473 | +40.9% |
| Remuneration, social security and pensions | 62 | - | €11,845 | +€11,845 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,894 | €6,810 | +€3,916 | +135.3% |
| Other operating charges | 640/8 | €972 | €1,317 | +€345 | +35.5% |
| Gross operating margin | 9900 | €12,730 | €14,605 | +€1,875 | +14.7% |
| Operating profit (loss) | 9901 | €8,864 | -€5,367 | -€14,232 | |
| Financial income | 75/76B | €3 | €2 | -€2 | -56.0% |
| Recurring financial income | 75 | €3 | €2 | -€2 | -56.0% |
| Financial charges | 65/66B | €107 | €111 | +€4 | +3.4% |
| Recurring financial charges | 65 | €107 | €111 | +€4 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €8,761 | -€5,476 | -€14,237 | |
| Income taxes | 67/77 | €3,405 | €1,383 | -€2,022 | -59.4% |
| Profit (loss) for the period | 9904 | €5,355 | -€6,860 | -€12,215 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,355 | -€6,860 | -€12,215 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.