WILLIAM'S PLACE: 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.
WILLIAM'S PLACE
Largest movements
- Tangible fixed assets -€13,475
down €13,475 (-12.3%), from €109,590 to €96,115
of which Other tangible fixed assets: -€8,061
- Receivables within one year -€10,565
down €10,565 (-48.8%), from €21,651 to €11,086
of which Trade receivables: -€12,845
- Cash +€1,779
up €1,779 (+8.8%), from €20,315 to €22,094
mainly Depreciation (+€13,475) and Receivables within one year (+€10,565)
- Current portion of long-term debt -€14,447
down €14,447 (-100%), from €14,447 to €0
- Tax, wage and social debts -€4,856
down €4,856 (-100%), from €4,856 to €0
- Trade debts -€2,465
down €2,465 (-81.7%), from €3,017 to €552
- Gross operating margin -€49,946
down €49,946 (-76.9%), from €64,949 to €15,002
- Taxes -€4,831
down €4,831 (-100%), from €4,831 to €0
- Other operating charges -€1,305
down €1,305 (-34.8%), from €3,753 to €2,447
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.
Derived cash bridge
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 | €154,072 | €131,295 | -€22,777 | -14.8% |
| Fixed assets | 21/28 | €111,590 | €98,115 | -€13,475 | -12.1% |
| Tangible fixed assets | 22/27 | €109,590 | €96,115 | -€13,475 | -12.3% |
| Land and buildings | 22 | €93,467 | €88,054 | -€5,413 | -5.8% |
| Other tangible fixed assets | 26 | €16,123 | €8,061 | -€8,061 | -50.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €42,483 | €33,180 | -€9,303 | -21.9% |
| Amounts receivable within one year | 40/41 | €21,651 | €11,086 | -€10,565 | -48.8% |
| Trade receivables | 40 | €21,651 | €8,806 | -€12,845 | -59.3% |
| Other amounts receivable | 41 | €0 | €2,280 | +€2,280 | |
| Cash at bank and in hand | 54/58 | €20,315 | €22,094 | +€1,779 | +8.8% |
| Deferred charges and accrued income | 490/1 | €517 | €0 | -€517 | -100% |
| Total equity and liabilities | 10/49 | €154,072 | €131,295 | -€22,777 | -14.8% |
| Equity | 10/15 | €65,082 | €64,073 | -€1,009 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,482 | €45,473 | -€1,009 | -2.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €44,622 | €45,473 | +€851 | +1.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €88,990 | €67,222 | -€21,768 | -24.5% |
| Amounts payable after more than one year | 17 | €20,945 | €20,945 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €20,945 | €20,945 | = | 0.0% |
| Amounts payable within one year | 42/48 | €68,045 | €46,277 | -€21,768 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €14,447 | €0 | -€14,447 | -100% |
| Trade debts | 44 | €3,017 | €552 | -€2,465 | -81.7% |
| Suppliers | 440/4 | €3,017 | €552 | -€2,465 | -81.7% |
| Taxes, remuneration and social security | 45 | €4,856 | €0 | -€4,856 | -100% |
| Taxes | 450/3 | €4,856 | €0 | -€4,856 | -100% |
| Other amounts payable | 47/48 | €45,724 | €45,724 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,038 | €13,475 | -€564 | -4.0% |
| Other operating charges | 640/8 | €3,753 | €2,447 | -€1,305 | -34.8% |
| Gross operating margin | 9900 | €64,949 | €15,002 | -€49,946 | -76.9% |
| Operating profit (loss) | 9901 | €47,158 | -€920 | -€48,077 | |
| Financial income | 75/76B | €43 | €118 | +€75 | +174% |
| Recurring financial income | 75 | €43 | €118 | +€75 | +174% |
| Financial charges | 65/66B | €346 | €207 | -€139 | -40.2% |
| Recurring financial charges | 65 | €346 | €207 | -€139 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €46,854 | -€1,009 | -€47,863 | |
| Income taxes | 67/77 | €4,831 | €0 | -€4,831 | -100% |
| Profit (loss) for the period | 9904 | €42,024 | -€1,009 | -€43,033 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,024 | -€1,009 | -€43,033 |
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 29 October 2026 via checked.be.