WILLSINT: 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.
WILLSINT
Largest movements
- Cash +€233,486
up €233,486 (+35.4%), from €659,019 to €892,505
mainly Other debts (+€538,512) and Net result for the year (+€336,115)
- Receivables within one year -€37,619
down €37,619 (-8.0%), from €471,446 to €433,827
- Tangible fixed assets -€34,297
down €34,297 (-4.5%), from €767,642 to €733,345
of which Furniture and vehicles: -€24,456
- Other debts +€538,512
up €538,512 (+407.1%), from €132,289 to €670,801
- Reserves -€378,563
down €378,563 (-26.7%), from €1.4m to €1.0m
- Tax, wage and social debts +€22,642
up €22,642 (+17.1%), from €132,739 to €155,381
- Gross operating margin -€43,341
down €43,341 (-7.3%), from €589,891 to €546,550
- Depreciation +€23,188
up €23,188 (+51.5%), from €45,013 to €68,202
- Taxes -€11,346
down €11,346 (-6.4%), from €177,640 to €166,294
- Financial income +€6,562
up €6,562 (+26.5%), from €24,759 to €31,321
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 | €1,898,107 | €2,059,677 | +€161,570 | +8.5% |
| Fixed assets | 21/28 | €767,642 | €733,345 | -€34,297 | -4.5% |
| Tangible fixed assets | 22/27 | €767,642 | €733,345 | -€34,297 | -4.5% |
| Land and buildings | 22 | €679,666 | €671,328 | -€8,338 | -1.2% |
| Plant, machinery and equipment | 23 | €25,164 | €23,662 | -€1,502 | -6.0% |
| Furniture and vehicles | 24 | €62,812 | €38,355 | -€24,456 | -38.9% |
| Current assets | 29/58 | €1,130,465 | €1,326,332 | +€195,867 | +17.3% |
| Amounts receivable within one year | 40/41 | €471,446 | €433,827 | -€37,619 | -8.0% |
| Other amounts receivable | 41 | €471,446 | €433,827 | -€37,619 | -8.0% |
| Cash at bank and in hand | 54/58 | €659,019 | €892,505 | +€233,486 | +35.4% |
| Total equity and liabilities | 10/49 | €1,898,107 | €2,059,677 | +€161,570 | +8.5% |
| Equity | 10/15 | €1,578,244 | €1,199,681 | -€378,563 | -24.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,418,590 | €1,040,027 | -€378,563 | -26.7% |
| Distributable reserves | 133 | €1,418,590 | €1,040,027 | -€378,563 | -26.7% |
| Profit (loss) carried forward | 14 | €147,254 | €147,254 | = | 0.0% |
| Amounts payable | 17/49 | €319,863 | €859,996 | +€540,134 | +168.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €312,905 | €851,181 | +€538,276 | +172.0% |
| Current portion of amounts payable after more than one year | 42 | €14,444 | €0 | -€14,444 | -100.0% |
| Financial debts | 43 | €28,457 | €25,000 | -€3,457 | -12.1% |
| Credit institutions | 430/8 | €28,457 | €25,000 | -€3,457 | -12.1% |
| Trade debts | 44 | €4,976 | €0 | -€4,976 | -100.0% |
| Suppliers | 440/4 | €4,976 | €0 | -€4,976 | -100.0% |
| Taxes, remuneration and social security | 45 | €132,739 | €155,381 | +€22,642 | +17.1% |
| Taxes | 450/3 | €132,739 | €155,381 | +€22,642 | +17.1% |
| Other amounts payable | 47/48 | €132,289 | €670,801 | +€538,512 | +407.1% |
| Accrued charges and deferred income | 492/3 | €6,958 | €8,815 | +€1,857 | +26.7% |
| Non-recurring operating income | 76A | €17,000 | €0 | -€17,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,013 | €68,202 | +€23,188 | +51.5% |
| Other operating charges | 640/8 | €5,806 | €4,360 | -€1,446 | -24.9% |
| Gross operating margin | 9900 | €589,891 | €546,550 | -€43,341 | -7.3% |
| Operating profit (loss) | 9901 | €539,072 | €473,988 | -€65,083 | -12.1% |
| Financial income | 75/76B | €24,759 | €31,321 | +€6,562 | +26.5% |
| Recurring financial income | 75 | €24,759 | €31,321 | +€6,562 | +26.5% |
| Financial charges | 65/66B | €3,607 | €2,900 | -€707 | -19.6% |
| Recurring financial charges | 65 | €3,607 | €2,900 | -€707 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €560,224 | €502,409 | -€57,814 | -10.3% |
| Income taxes | 67/77 | €177,640 | €166,294 | -€11,346 | -6.4% |
| Profit (loss) for the period | 9904 | €382,584 | €336,115 | -€46,469 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €382,584 | €336,115 | -€46,469 | -12.1% |
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 5 October 2026 via checked.be.