WILLOM: 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.
WILLOM
Largest movements
- Receivables within one year +€218,577
up €218,577 (+54532.4%), from €401 to €218,978
of which Other amounts receivable: +€218,474
- Tangible fixed assets +€31,874
up €31,874 (+1.4%), from €2.2m to €2.3m
of which Plant, machinery and equipment: +€62,054
- Current portion of long-term debt +€420,342
up €420,342 (+751.2%), from €55,955 to €476,297
- Debts after one year -€134,852
down €134,852 (-6.4%), from €2.1m to €2.0m
- Profit (loss) carried forward -€41,529
down €41,529 (-33.5%), from -€124,100 to -€165,628
- Gross operating margin +€111,239
up €111,239 (+437.7%), from €25,412 to €136,650
- Depreciation +€25,130
up €25,130 (+49.5%), from €50,737 to €75,867
- Financial charges +€23,013
up €23,013 (+29.0%), from €79,264 to €102,277
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 | €2,277,191 | €2,496,551 | +€219,360 | +9.6% |
| Fixed assets | 21/28 | €2,239,687 | €2,255,183 | +€15,496 | +0.7% |
| Tangible fixed assets | 22/27 | €2,223,309 | €2,255,183 | +€31,874 | +1.4% |
| Land and buildings | 22 | €2,153,889 | €2,124,241 | -€29,648 | -1.4% |
| Plant, machinery and equipment | 23 | €67,066 | €129,121 | +€62,054 | +92.5% |
| Furniture and vehicles | 24 | €2,354 | €1,822 | -€532 | -22.6% |
| Financial fixed assets | 28 | €16,379 | - | -€16,379 | |
| Current assets | 29/58 | €37,504 | €241,368 | +€203,864 | +543.6% |
| Amounts receivable within one year | 40/41 | €401 | €218,978 | +€218,577 | +54532.4% |
| Trade receivables | 40 | - | €103 | +€103 | |
| Other amounts receivable | 41 | €401 | €218,875 | +€218,474 | +54506.8% |
| Cash at bank and in hand | 54/58 | €37,103 | €22,374 | -€14,729 | -39.7% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €2,277,191 | €2,496,551 | +€219,360 | +9.6% |
| Equity | 10/15 | -€94,100 | -€135,628 | -€41,529 | -44.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,100 | -€165,628 | -€41,529 | -33.5% |
| Amounts payable | 17/49 | €2,371,291 | €2,632,179 | +€260,888 | +11.0% |
| Amounts payable after more than one year | 17 | €2,095,841 | €1,960,990 | -€134,852 | -6.4% |
| Financial debts | 170/4 | €2,095,841 | €1,960,990 | -€134,852 | -6.4% |
| Amounts payable within one year | 42/48 | €275,450 | €671,189 | +€395,740 | +143.7% |
| Current portion of amounts payable after more than one year | 42 | €55,955 | €476,297 | +€420,342 | +751.2% |
| Trade debts | 44 | €36,370 | €31,531 | -€4,839 | -13.3% |
| Suppliers | 440/4 | €36,370 | €31,531 | -€4,839 | -13.3% |
| Taxes, remuneration and social security | 45 | - | €3,362 | +€3,362 | |
| Taxes | 450/3 | - | €3,362 | +€3,362 | |
| Other amounts payable | 47/48 | €183,125 | €160,000 | -€23,125 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,737 | €75,867 | +€25,130 | +49.5% |
| Other operating charges | 640/8 | €34 | €35 | +€1 | +3.8% |
| Gross operating margin | 9900 | €25,412 | €136,650 | +€111,239 | +437.7% |
| Operating profit (loss) | 9901 | -€25,359 | €60,748 | +€86,108 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €79,264 | €102,277 | +€23,013 | +29.0% |
| Recurring financial charges | 65 | €79,264 | €102,277 | +€23,013 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | -€104,622 | -€41,529 | +€63,094 | +60.3% |
| Profit (loss) for the period | 9904 | -€104,622 | -€41,529 | +€63,094 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,622 | -€41,529 | +€63,094 | +60.3% |
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 4 October 2026 via checked.be.