WILLMAR: 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.
WILLMAR
Largest movements
- Cash +€1,730
up €1,730 (+2390.6%), from €72 to €1,802
mainly Net result for the year (+€10,158) and Depreciation (+€20)
- Receivables within one year +€85
up €85 (+14.9%), from €568 to €652
- Equity +€10,158
up €10,158 (+26.5%), from -€38,274 to -€28,116
of which Profit (loss) carried forward: +€10,158
- Debts within one year -€7,163
down €7,163 (-19.3%), from €37,134 to €29,971
- Debts after one year -€1,200
down €1,200 (-66.7%), from €1,800 to €600
- Gross operating margin +€6,494
up €6,494 (+143.8%), from €4,517 to €11,011
- Financial charges +€453
new in 2021: €453
- Other operating charges +€381
new in 2021: €381
- Depreciation -€148
down €148 (-88.2%), from €168 to €20
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €660 | €2,454 | +€1,795 | +272.0% |
| Fixed assets | 21/28 | €20 | - | -€20 | |
| Tangible fixed assets | 22/27 | €20 | €0 | -€20 | -100.0% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €640 | €2,454 | +€1,815 | +283.5% |
| Amounts receivable within one year | 40/41 | €568 | €652 | +€85 | +14.9% |
| Other amounts receivable | 41 | - | €652 | +€652 | |
| Cash at bank and in hand | 54/58 | €72 | €1,802 | +€1,730 | +2390.6% |
| Total equity and liabilities | 10/49 | €660 | €2,454 | +€1,795 | +272.0% |
| Equity | 10/15 | -€38,274 | -€28,116 | +€10,158 | +26.5% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€41,274 | -€31,116 | +€10,158 | +24.6% |
| Amounts payable | 17/49 | €38,934 | €30,571 | -€8,363 | -21.5% |
| Amounts payable after more than one year | 17 | €1,800 | €600 | -€1,200 | -66.7% |
| Financial debts | 170/4 | - | €600 | +€600 | |
| Amounts payable within one year | 42/48 | €37,134 | €29,971 | -€7,163 | -19.3% |
| Taxes, remuneration and social security | 45 | - | €33 | +€33 | |
| Taxes | 450/3 | - | €33 | +€33 | |
| Other amounts payable | 47/48 | - | €29,937 | +€29,937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168 | €20 | -€148 | -88.2% |
| Other operating charges | 640/8 | - | €381 | +€381 | |
| Gross operating margin | 9900 | €4,517 | €11,011 | +€6,494 | +143.8% |
| Operating profit (loss) | 9901 | €3,969 | €10,611 | +€6,642 | +167.3% |
| Financial charges | 65/66B | - | €453 | +€453 | |
| Recurring financial charges | 65 | €344 | €453 | +€109 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €3,625 | €10,158 | +€6,533 | +180.2% |
| Profit (loss) for the period | 9904 | €3,625 | €10,158 | +€6,533 | +180.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,625 | €10,158 | +€6,533 | +180.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.