WILLOWCAMP: 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.
WILLOWCAMP
Largest movements
- Receivables within one year -€95,433
down €95,433 (-68.0%), from €140,373 to €44,940
of which Trade receivables: -€71,770
- Tangible fixed assets -€62,179
down €62,179 (-3.4%), from €1.8m to €1.8m
of which Land and buildings: -€37,174
- Profit (loss) carried forward -€109,812
down €109,812 (-50.6%), from -€216,832 to -€326,644
- Trade debts -€93,693
down €93,693 (-79.3%), from €118,203 to €24,510
- Other debts +€49,331
up €49,331 (+2.5%), from €2.0m to €2.0m
- Gross operating margin +€50,406
up €50,406 (+134.3%), from €37,528 to €87,934
- Depreciation +€21,553
up €21,553 (+21.2%), from €101,627 to €123,180
- Staff costs +€20,630
up €20,630 (+42.4%), from €48,677 to €69,307
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 | €1,989,090 | €1,841,839 | -€147,251 | -7.4% |
| Fixed assets | 21/28 | €1,828,331 | €1,766,152 | -€62,179 | -3.4% |
| Tangible fixed assets | 22/27 | €1,828,126 | €1,765,947 | -€62,179 | -3.4% |
| Land and buildings | 22 | €1,185,707 | €1,148,533 | -€37,174 | -3.1% |
| Plant, machinery and equipment | 23 | €539,885 | €531,069 | -€8,816 | -1.6% |
| Furniture and vehicles | 24 | €102,534 | €86,345 | -€16,189 | -15.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €160,759 | €75,687 | -€85,072 | -52.9% |
| Amounts receivable within one year | 40/41 | €140,373 | €44,940 | -€95,433 | -68.0% |
| Trade receivables | 40 | €114,839 | €43,069 | -€71,770 | -62.5% |
| Other amounts receivable | 41 | €25,534 | €1,871 | -€23,663 | -92.7% |
| Cash at bank and in hand | 54/58 | €15,124 | €30,747 | +€15,623 | +103.3% |
| Deferred charges and accrued income | 490/1 | €5,262 | - | -€5,262 | |
| Total equity and liabilities | 10/49 | €1,989,090 | €1,841,839 | -€147,251 | -7.4% |
| Equity | 10/15 | -€116,832 | -€226,644 | -€109,812 | -94.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€216,832 | -€326,644 | -€109,812 | -50.6% |
| Amounts payable | 17/49 | €2,105,922 | €2,068,483 | -€37,439 | -1.8% |
| Amounts payable within one year | 42/48 | €2,105,922 | €2,068,483 | -€37,439 | -1.8% |
| Trade debts | 44 | €118,203 | €24,510 | -€93,693 | -79.3% |
| Suppliers | 440/4 | €118,203 | €24,510 | -€93,693 | -79.3% |
| Taxes, remuneration and social security | 45 | €1,068 | €7,991 | +€6,923 | +648.2% |
| Taxes | 450/3 | - | €148 | +€148 | |
| Remuneration and social security | 454/9 | €1,068 | €7,843 | +€6,775 | +634.4% |
| Other amounts payable | 47/48 | €1,986,651 | €2,035,982 | +€49,331 | +2.5% |
| Remuneration, social security and pensions | 62 | €48,677 | €69,307 | +€20,630 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,627 | €123,180 | +€21,553 | +21.2% |
| Other operating charges | 640/8 | €3,078 | €3,174 | +€96 | +3.1% |
| Gross operating margin | 9900 | €37,528 | €87,934 | +€50,406 | +134.3% |
| Operating profit (loss) | 9901 | -€115,854 | -€107,727 | +€8,127 | +7.0% |
| Financial income | 75/76B | €27 | €3 | -€24 | -90.2% |
| Recurring financial income | 75 | €27 | €3 | -€24 | -90.2% |
| Financial charges | 65/66B | €1,843 | €2,087 | +€244 | +13.2% |
| Recurring financial charges | 65 | €1,843 | €2,087 | +€244 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€117,670 | -€109,812 | +€7,858 | +6.7% |
| Profit (loss) for the period | 9904 | -€117,670 | -€109,812 | +€7,858 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€117,670 | -€109,812 | +€7,858 | +6.7% |
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 29 September 2026 via checked.be.