WILLEMS TRANS: 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 TRANS
Largest movements
- Tangible fixed assets +€102,073
up €102,073 (+36.5%), from €279,461 to €381,535
of which Furniture and vehicles: +€107,873
- Cash -€76,264
down €76,264 (-43.0%), from €177,498 to €101,234
mainly Investment in fixed assets (net) (-€158,748) and Contributions, distributions and other (-€155,223)
- Other debts +€156,551
up €156,551 (+682.1%), from €22,953 to €179,504
- Reserves -€72,843
down €72,843 (-12.5%), from €582,208 to €509,365
of which Distributable reserves: -€72,843
- Tax, wage and social debts -€31,179
down €31,179 (-57.1%), from €54,559 to €23,379
of which Taxes: -€33,932
- Trade debts -€23,790
down €23,790 (-51.5%), from €46,215 to €22,426
- Depreciation +€24,377
up €24,377 (+75.5%), from €32,298 to €56,675
- Taxes -€15,115
down €15,115 (-28.5%), from €53,046 to €37,931
- Other operating charges +€11,082
up €11,082 (+55.6%), from €19,924 to €31,006
- Staff costs +€7,862
up €7,862 (+9.2%), from €84,997 to €92,859
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 | €726,615 | €755,129 | +€28,513 | +3.9% |
| Fixed assets | 21/28 | €279,801 | €381,874 | +€102,073 | +36.5% |
| Tangible fixed assets | 22/27 | €279,461 | €381,535 | +€102,073 | +36.5% |
| Land and buildings | 22 | €75,400 | €69,600 | -€5,800 | -7.7% |
| Furniture and vehicles | 24 | €204,061 | €311,935 | +€107,873 | +52.9% |
| Financial fixed assets | 28 | €340 | €340 | = | 0.0% |
| Current assets | 29/58 | €446,814 | €373,254 | -€73,560 | -16.5% |
| Amounts receivable within one year | 40/41 | €117,398 | €122,599 | +€5,201 | +4.4% |
| Trade receivables | 40 | €102,231 | €121,957 | +€19,726 | +19.3% |
| Other amounts receivable | 41 | €15,167 | €642 | -€14,526 | -95.8% |
| Current investments | 50/53 | €142,308 | €138,283 | -€4,025 | -2.8% |
| Cash at bank and in hand | 54/58 | €177,498 | €101,234 | -€76,264 | -43.0% |
| Deferred charges and accrued income | 490/1 | €9,610 | €11,139 | +€1,528 | +15.9% |
| Total equity and liabilities | 10/49 | €726,615 | €755,129 | +€28,513 | +3.9% |
| Equity | 10/15 | €601,005 | €528,162 | -€72,843 | -12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €582,208 | €509,365 | -€72,843 | -12.5% |
| Tax-exempt reserves | 132 | €83,919 | €83,919 | = | 0.0% |
| Distributable reserves | 133 | €498,289 | €425,446 | -€72,843 | -14.6% |
| Profit (loss) carried forward | 14 | €197 | €197 | = | 0.0% |
| Amounts payable | 17/49 | €125,610 | €226,967 | +€101,356 | +80.7% |
| Amounts payable within one year | 42/48 | €123,727 | €225,309 | +€101,582 | +82.1% |
| Trade debts | 44 | €46,215 | €22,426 | -€23,790 | -51.5% |
| Suppliers | 440/4 | €46,215 | €22,426 | -€23,790 | -51.5% |
| Taxes, remuneration and social security | 45 | €54,559 | €23,379 | -€31,179 | -57.1% |
| Taxes | 450/3 | €52,737 | €18,805 | -€33,932 | -64.3% |
| Remuneration and social security | 454/9 | €1,822 | €4,575 | +€2,753 | +151.1% |
| Other amounts payable | 47/48 | €22,953 | €179,504 | +€156,551 | +682.1% |
| Accrued charges and deferred income | 492/3 | €1,883 | €1,658 | -€225 | -12.0% |
| Remuneration, social security and pensions | 62 | €84,997 | €92,859 | +€7,862 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,298 | €56,675 | +€24,377 | +75.5% |
| Other operating charges | 640/8 | €19,924 | €31,006 | +€11,082 | +55.6% |
| Gross operating margin | 9900 | €299,455 | €301,718 | +€2,262 | +0.8% |
| Operating profit (loss) | 9901 | €162,236 | €121,178 | -€41,058 | -25.3% |
| Financial income | 75/76B | €3,560 | €1,423 | -€2,137 | -60.0% |
| Recurring financial income | 75 | €3,560 | €1,423 | -€2,137 | -60.0% |
| Financial charges | 65/66B | €2,949 | €2,289 | -€660 | -22.4% |
| Recurring financial charges | 65 | €2,949 | €2,289 | -€660 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €162,847 | €120,312 | -€42,536 | -26.1% |
| Income taxes | 67/77 | €53,046 | €37,931 | -€15,115 | -28.5% |
| Profit (loss) for the period | 9904 | €109,801 | €82,380 | -€27,421 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €109,801 | €82,380 | -€27,421 | -25.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.