Willex: 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.
Willex
Largest movements
- Cash -€88,564
down €88,564 (-83.0%), from €106,656 to €18,092
mainly Contributions, distributions and other (-€107,466) and Other debts (-€86,763)
- Receivables within one year +€20,147
up €20,147 (+128.7%), from €15,653 to €35,800
of which Other amounts receivable: +€21,250
- Tangible fixed assets -€10,931
down €10,931 (-29.3%), from €37,368 to €26,438
of which Furniture and vehicles: -€10,570
- Other debts -€86,763
down €86,763 (-72.8%), from €119,137 to €32,374
- Tax, wage and social debts +€5,110
up €5,110 (+149.3%), from €3,422 to €8,532
- Trade debts +€1,846
up €1,846 (+347.8%), from €531 to €2,377
- Gross operating margin +€21,369
up €21,369 (+16.5%), from €129,578 to €150,947
- Taxes +€6,037
up €6,037 (+23.5%), from €25,734 to €31,771
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 | €161,390 | €81,944 | -€79,447 | -49.2% |
| Fixed assets | 21/28 | €37,368 | €26,438 | -€10,931 | -29.3% |
| Tangible fixed assets | 22/27 | €37,368 | €26,438 | -€10,931 | -29.3% |
| Plant, machinery and equipment | 23 | €1,293 | €932 | -€361 | -27.9% |
| Furniture and vehicles | 24 | €36,075 | €25,505 | -€10,570 | -29.3% |
| Current assets | 29/58 | €124,022 | €55,506 | -€68,516 | -55.2% |
| Amounts receivable within one year | 40/41 | €15,653 | €35,800 | +€20,147 | +128.7% |
| Trade receivables | 40 | €15,653 | €14,550 | -€1,103 | -7.0% |
| Other amounts receivable | 41 | - | €21,250 | +€21,250 | |
| Cash at bank and in hand | 54/58 | €106,656 | €18,092 | -€88,564 | -83.0% |
| Deferred charges and accrued income | 490/1 | €1,713 | €1,615 | -€99 | -5.8% |
| Total equity and liabilities | 10/49 | €161,390 | €81,944 | -€79,447 | -49.2% |
| Equity | 10/15 | €38,300 | €38,300 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,300 | €33,300 | = | 0.0% |
| Distributable reserves | 133 | €33,300 | €33,300 | = | 0.0% |
| Amounts payable | 17/49 | €123,090 | €43,643 | -€79,447 | -64.5% |
| Amounts payable within one year | 42/48 | €123,090 | €43,284 | -€79,807 | -64.8% |
| Trade debts | 44 | €531 | €2,377 | +€1,846 | +347.8% |
| Suppliers | 440/4 | €531 | €2,377 | +€1,846 | +347.8% |
| Taxes, remuneration and social security | 45 | €3,422 | €8,532 | +€5,110 | +149.3% |
| Taxes | 450/3 | €3,422 | €8,532 | +€5,110 | +149.3% |
| Other amounts payable | 47/48 | €119,137 | €32,374 | -€86,763 | -72.8% |
| Accrued charges and deferred income | 492/3 | - | €360 | +€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,931 | €10,931 | = | 0.0% |
| Other operating charges | 640/8 | €764 | €1,089 | +€324 | +42.4% |
| Gross operating margin | 9900 | €129,578 | €150,947 | +€21,369 | +16.5% |
| Operating profit (loss) | 9901 | €117,883 | €138,928 | +€21,044 | +17.9% |
| Financial income | 75/76B | €1,119 | €827 | -€291 | -26.0% |
| Recurring financial income | 75 | €1,119 | €827 | -€291 | -26.0% |
| Financial charges | 65/66B | €1,573 | €519 | -€1,054 | -67.0% |
| Recurring financial charges | 65 | €1,573 | €519 | -€1,054 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | €117,429 | €139,236 | +€21,807 | +18.6% |
| Income taxes | 67/77 | €25,734 | €31,771 | +€6,037 | +23.5% |
| Profit (loss) for the period | 9904 | €91,695 | €107,466 | +€15,771 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,695 | €107,466 | +€15,771 | +17.2% |
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.