WILLIAM: 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.
WILLIAM
Largest movements
- Cash +€4,657
up €4,657 (+85.0%), from €5,481 to €10,139
mainly Net result for the year (+€4,073) and Depreciation (+€1,864)
- Tangible fixed assets -€1,212
down €1,212 (-23.7%), from €5,107 to €3,895
of which Land and buildings: -€1,281
- Receivables within one year +€1,007
up €1,007 (+3.3%), from €30,338 to €31,345
of which Trade receivables: +€1,995
- Profit (loss) carried forward +€4,073
up €4,073 (+16.2%), from -€25,086 to -€21,012
- Gross operating margin +€9,403
up €9,403, from -€1,426 to €7,977
- Other operating charges -€313
down €313 (-13.7%), from €2,280 to €1,967
- Depreciation +€223
up €223 (+13.6%), from €1,641 to €1,864
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 | €40,927 | €45,379 | +€4,452 | +10.9% |
| Fixed assets | 21/28 | €5,107 | €3,895 | -€1,212 | -23.7% |
| Tangible fixed assets | 22/27 | €5,107 | €3,895 | -€1,212 | -23.7% |
| Land and buildings | 22 | €3,842 | €2,562 | -€1,281 | -33.3% |
| Plant, machinery and equipment | 23 | €1,265 | €1,334 | +€69 | +5.4% |
| Current assets | 29/58 | €35,820 | €41,484 | +€5,665 | +15.8% |
| Amounts receivable within one year | 40/41 | €30,338 | €31,345 | +€1,007 | +3.3% |
| Trade receivables | 40 | €2,165 | €4,161 | +€1,995 | +92.1% |
| Other amounts receivable | 41 | €28,173 | €27,184 | -€988 | -3.5% |
| Cash at bank and in hand | 54/58 | €5,481 | €10,139 | +€4,657 | +85.0% |
| Total equity and liabilities | 10/49 | €40,927 | €45,379 | +€4,452 | +10.9% |
| Equity | 10/15 | €29,575 | €33,648 | +€4,073 | +13.8% |
| Contributions | 10/11 | €15,617 | €15,617 | = | 0.0% |
| Revaluation surpluses | 12 | €38,424 | €38,424 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,086 | -€21,012 | +€4,073 | +16.2% |
| Amounts payable | 17/49 | €11,352 | €11,731 | +€379 | +3.3% |
| Amounts payable within one year | 42/48 | €11,352 | €11,731 | +€379 | +3.3% |
| Trade debts | 44 | €1,882 | €2,310 | +€428 | +22.7% |
| Suppliers | 440/4 | €1,882 | €2,310 | +€428 | +22.7% |
| Other amounts payable | 47/48 | €9,470 | €9,421 | -€49 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,641 | €1,864 | +€223 | +13.6% |
| Other operating charges | 640/8 | €2,280 | €1,967 | -€313 | -13.7% |
| Gross operating margin | 9900 | -€1,426 | €7,977 | +€9,403 | |
| Operating profit (loss) | 9901 | -€5,347 | €4,146 | +€9,493 | |
| Financial income | 75/76B | €33 | €1 | -€33 | -98.5% |
| Recurring financial income | 75 | €33 | €1 | -€33 | -98.5% |
| Financial charges | 65/66B | €70 | €73 | +€3 | +4.6% |
| Recurring financial charges | 65 | €70 | €73 | +€3 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,384 | €4,073 | +€9,457 | |
| Profit (loss) for the period | 9904 | -€5,384 | €4,073 | +€9,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,384 | €4,073 | +€9,457 |
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 2 October 2026 via checked.be.