WILLIQUET: 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.
What changed
WILLIQUET
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,078
2024 · €27,148-€17,070
Equity
€691,489
2024 · €731,411-€39,922
Cash
€188,934
2024 · €193,952-€5,018
Balance sheet total
€1.0m
2024 · €1.1m-€54,197
Largest movements
Assets
- Tangible fixed assets -€40,875
down €40,875 (-4.9%), from €831,461 to €790,586
of which Land and buildings: -€34,832
Equity and liabilities
- Profit (loss) carried forward -€39,108
down €39,108 (-6.2%), from €633,847 to €594,739
- Debts after one year -€33,306
down €33,306 (-14.4%), from €231,882 to €198,576
- Trade debts +€12,184
up €12,184 (+8442.3%), from €144 to €12,328
Income statement
- Taxes +€30,554
up €30,554 (+292.4%), from €10,450 to €41,004
- Gross operating margin +€21,024
up €21,024 (+13.6%), from €154,631 to €175,655
- Staff costs +€5,454
up €5,454 (+9.1%), from €59,659 to €65,113
- Financial income -€2,527
down €2,527 (-41.8%), from €6,046 to €3,519
- Depreciation +€1,832
up €1,832 (+3.7%), from €50,035 to €51,868
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.
Result 2024
€27,148
Gross operating margin
+€21,024
Staff costs
-€5,454
Depreciation
-€1,832
Other operating charges
+€1,486
Financial income
-€2,527
Financial charges
+€788
Taxes
-€30,554
Result 2025
€10,078
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.
From operations
+€88,731
Investment
-€10,993
Financing
-€82,756
Cash 2024
€193,952
From operations (derived)
+€88,731
Net result for the year
+€10,078
Depreciation
+€51,868
Receivables within one year
+€79
Deferred charges and accrued income
+€8,226
Provisions
-€271
Trade debts
+€12,184
Tax, wage and social debts
+€5,238
Accrued charges and deferred income
+€1,330
Investment (derived)
-€10,993
Investment in fixed assets (net)
-€10,993
Financing
-€82,756
Debts after one year
-€33,306
Current portion of long-term debt
+€550
Contributions, distributions and other
-€50,000
Cash 2025
€188,934
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,075,762 | €1,021,564 | -€54,197 | -5.0% |
| Fixed assets | 21/28 | €831,561 | €790,686 | -€40,875 | -4.9% |
| Tangible fixed assets | 22/27 | €831,461 | €790,586 | -€40,875 | -4.9% |
| Land and buildings | 22 | €816,444 | €781,613 | -€34,832 | -4.3% |
| Furniture and vehicles | 24 | €15,017 | €8,973 | -€6,043 | -40.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €244,201 | €230,879 | -€13,322 | -5.5% |
| Amounts receivable within one year | 40/41 | €41,373 | €41,294 | -€79 | -0.2% |
| Trade receivables | 40 | €25,373 | €25,014 | -€358 | -1.4% |
| Other amounts receivable | 41 | €16,000 | €16,280 | +€280 | +1.7% |
| Cash at bank and in hand | 54/58 | €193,952 | €188,934 | -€5,018 | -2.6% |
| Deferred charges and accrued income | 490/1 | €8,876 | €651 | -€8,226 | -92.7% |
| Total equity and liabilities | 10/49 | €1,075,762 | €1,021,564 | -€54,197 | -5.0% |
| Equity | 10/15 | €731,411 | €691,489 | -€39,922 | -5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €35,563 | €34,750 | -€814 | -2.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,363 | €28,550 | -€814 | -2.8% |
| Profit (loss) carried forward | 14 | €633,847 | €594,739 | -€39,108 | -6.2% |
| Provisions and deferred taxes | 16 | €3,538 | €3,267 | -€271 | -7.7% |
| Deferred taxes | 168 | €3,538 | €3,267 | -€271 | -7.7% |
| Amounts payable | 17/49 | €340,813 | €326,809 | -€14,004 | -4.1% |
| Amounts payable after more than one year | 17 | €231,882 | €198,576 | -€33,306 | -14.4% |
| Financial debts | 170/4 | €231,882 | €198,576 | -€33,306 | -14.4% |
| Amounts payable within one year | 42/48 | €103,382 | €121,354 | +€17,972 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €33,184 | €33,734 | +€550 | +1.7% |
| Trade debts | 44 | €144 | €12,328 | +€12,184 | +8442.3% |
| Suppliers | 440/4 | €144 | €12,328 | +€12,184 | +8442.3% |
| Taxes, remuneration and social security | 45 | €17,554 | €22,792 | +€5,238 | +29.8% |
| Taxes | 450/3 | €9,209 | €13,490 | +€4,281 | +46.5% |
| Remuneration and social security | 454/9 | €8,345 | €9,302 | +€957 | +11.5% |
| Other amounts payable | 47/48 | €52,500 | €52,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,549 | €6,879 | +€1,330 | +24.0% |
| Remuneration, social security and pensions | 62 | €59,659 | €65,113 | +€5,454 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,035 | €51,868 | +€1,832 | +3.7% |
| Other operating charges | 640/8 | €7,663 | €6,177 | -€1,486 | -19.4% |
| Gross operating margin | 9900 | €154,631 | €175,655 | +€21,024 | +13.6% |
| Operating profit (loss) | 9901 | €37,274 | €52,498 | +€15,224 | +40.8% |
| Financial income | 75/76B | €6,046 | €3,519 | -€2,527 | -41.8% |
| Recurring financial income | 75 | €6,046 | €3,519 | -€2,527 | -41.8% |
| Financial charges | 65/66B | €5,993 | €5,205 | -€788 | -13.1% |
| Recurring financial charges | 65 | €5,993 | €5,205 | -€788 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €37,326 | €50,811 | +€13,485 | +36.1% |
| Transfer from deferred taxes | 780 | €271 | €271 | -€0 | 0.0% |
| Income taxes | 67/77 | €10,450 | €41,004 | +€30,554 | +292.4% |
| Profit (loss) for the period | 9904 | €27,148 | €10,078 | -€17,070 | -62.9% |
| Transfer from tax-exempt reserves | 789 | €814 | €814 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,961 | €10,892 | -€17,070 | -61.0% |
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 3 October 2026 via checked.be.