WILLEN.CO: 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.
WILLEN.CO
Largest movements
- Stocks and contracts +€24,290
up €24,290 (+98.8%), from €24,573 to €48,863
- Tangible fixed assets +€2,604
new in 2025: €2,604
- Reserves +€11,382
up €11,382 (+199.9%), from €5,693 to €17,074
of which Distributable reserves: +€11,382
- Profit (loss) carried forward +€8,094
no longer reported in 2025 (was -€8,094)
- Trade debts +€3,829
up €3,829 (+84.1%), from €4,554 to €8,383
- Tax, wage and social debts +€3,394
up €3,394 (+24.4%), from €13,910 to €17,304
- Gross operating margin +€26,582
up €26,582 (+410.8%), from €6,470 to €33,053
- Taxes +€6,030
new in 2025: €6,030
- Financial charges +€1,914
up €1,914 (+38.2%), from €5,005 to €6,919
- Other operating charges -€928
down €928 (-67.5%), from €1,374 to €446
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 | €28,923 | €55,250 | +€26,328 | +91.0% |
| Fixed assets | 21/28 | - | €2,604 | +€2,604 | |
| Tangible fixed assets | 22/27 | - | €2,604 | +€2,604 | |
| Plant, machinery and equipment | 23 | - | €2,604 | +€2,604 | |
| Current assets | 29/58 | €28,923 | €52,646 | +€23,724 | +82.0% |
| Stocks and contracts in progress | 3 | €24,573 | €48,863 | +€24,290 | +98.8% |
| Stocks | 30/36 | €24,573 | €48,863 | +€24,290 | +98.8% |
| Amounts receivable within one year | 40/41 | €2,882 | €2,735 | -€146 | -5.1% |
| Trade receivables | 40 | €146 | - | -€146 | |
| Other amounts receivable | 41 | €2,736 | €2,735 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,468 | €1,048 | -€420 | -28.6% |
| Total equity and liabilities | 10/49 | €28,923 | €55,250 | +€26,328 | +91.0% |
| Equity | 10/15 | €9,999 | €29,474 | +€19,476 | +194.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,693 | €17,074 | +€11,382 | +199.9% |
| Non-distributable reserves | 130/1 | €1,126 | €1,126 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,126 | €1,126 | = | 0.0% |
| Distributable reserves | 133 | €4,567 | €15,949 | +€11,382 | +249.2% |
| Profit (loss) carried forward | 14 | -€8,094 | - | +€8,094 | |
| Amounts payable | 17/49 | €18,924 | €25,776 | +€6,852 | +36.2% |
| Amounts payable within one year | 42/48 | €18,924 | €25,776 | +€6,852 | +36.2% |
| Trade debts | 44 | €4,554 | €8,383 | +€3,829 | +84.1% |
| Suppliers | 440/4 | €4,554 | €8,383 | +€3,829 | +84.1% |
| Taxes, remuneration and social security | 45 | €13,910 | €17,304 | +€3,394 | +24.4% |
| Taxes | 450/3 | €13,910 | €17,304 | +€3,394 | +24.4% |
| Other amounts payable | 47/48 | €460 | €89 | -€371 | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €323 | +€323 | |
| Other operating charges | 640/8 | €1,374 | €446 | -€928 | -67.5% |
| Gross operating margin | 9900 | €6,470 | €33,053 | +€26,582 | +410.8% |
| Operating profit (loss) | 9901 | €5,097 | €32,284 | +€27,187 | +533.4% |
| Financial income | 75/76B | €66 | €142 | +€76 | +114.3% |
| Recurring financial income | 75 | €66 | €142 | +€76 | +114.3% |
| Financial charges | 65/66B | €5,005 | €6,919 | +€1,914 | +38.2% |
| Recurring financial charges | 65 | €5,005 | €6,919 | +€1,914 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €158 | €25,506 | +€25,349 | +16091.4% |
| Income taxes | 67/77 | - | €6,030 | +€6,030 | |
| Profit (loss) for the period | 9904 | €158 | €19,476 | +€19,318 | +12263.3% |
| Profit (loss) for the period to be appropriated | 9905 | €158 | €19,476 | +€19,318 | +12263.3% |
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 12 October 2026 via checked.be.