WILLY CLYMANS: what changed
Two financial 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.
WILLY CLYMANS
Largest movements
- Stocks and contracts +€197,130
up €197,130 (+11.7%), from €1.7m to €1.9m
- Tangible fixed assets -€140,406
down €140,406 (-36.2%), from €387,445 to €247,039
- Deferred charges and accrued income -€133,497
down €133,497 (-45.1%), from €295,823 to €162,325
- Cash -€64,333
down €64,333 (-40.6%), from €158,374 to €94,041
mainly Stocks and contracts (-€197,130) and Short-term financial debts (-€123,947)
- Receivables within one year +€36,541
up €36,541 (+4.9%), from €753,010 to €789,551
of which Trade receivables: +€67,082
- Trade debts +€133,074
up €133,074 (+21.0%), from €635,121 to €768,195
- Short-term financial debts -€123,947
down €123,947 (-14.2%), from €873,947 to €750,000
- Debts after one year -€82,110
down €82,110 (-8.2%), from €997,708 to €915,597
of which Financial debts: -€59,850
- Other debts -€50,000
no longer reported in 2025 (was €50,000)
- Current portion of long-term debt -€41,657
down €41,657 (-42.5%), from €97,923 to €56,267
- Gross operating margin -€186,345
down €186,345 (-12.9%), from €1.4m to €1.3m
- Staff costs -€100,846
down €100,846 (-9.5%), from €1.1m to €957,987
- Write-downs -€74,228
down €74,228, from €70,291 to -€3,937
- Financial charges -€21,247
down €21,247 (-30.4%), from €70,001 to €48,755
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.
Derived cash bridge
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 | €3,390,733 | €3,262,138 | -€128,594 | -3.8% |
| Fixed assets | 21/28 | €498,619 | €334,185 | -€164,434 | -33.0% |
| Intangible fixed assets | 21 | €80,861 | €56,833 | -€24,028 | -29.7% |
| Tangible fixed assets | 22/27 | €387,445 | €247,039 | -€140,406 | -36.2% |
| Land and buildings | 22 | €76,167 | €37,052 | -€39,115 | -51.4% |
| Plant, machinery and equipment | 23 | €103,143 | €82,694 | -€20,449 | -19.8% |
| Furniture and vehicles | 24 | €66,897 | €45,055 | -€21,842 | -32.7% |
| Leasing and similar rights | 25 | €141,238 | €82,238 | -€59,000 | -41.8% |
| Financial fixed assets | 28 | €30,313 | €30,313 | = | 0.0% |
| Current assets | 29/58 | €2,892,113 | €2,927,953 | +€35,840 | +1.2% |
| Stocks and contracts in progress | 3 | €1,684,906 | €1,882,036 | +€197,130 | +11.7% |
| Stocks | 30/36 | €1,684,906 | €1,882,036 | +€197,130 | +11.7% |
| Amounts receivable within one year | 40/41 | €753,010 | €789,551 | +€36,541 | +4.9% |
| Trade receivables | 40 | €612,469 | €679,551 | +€67,082 | +11.0% |
| Other amounts receivable | 41 | €140,541 | €110,000 | -€30,541 | -21.7% |
| Cash at bank and in hand | 54/58 | €158,374 | €94,041 | -€64,333 | -40.6% |
| Deferred charges and accrued income | 490/1 | €295,823 | €162,325 | -€133,497 | -45.1% |
| Total equity and liabilities | 10/49 | €3,390,733 | €3,262,138 | -€128,594 | -3.8% |
| Equity | 10/15 | €595,752 | €631,842 | +€36,090 | +6.1% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €180,207 | €180,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,627 | €3,627 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,627 | €3,627 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €139,080 | €139,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | €388,045 | €424,135 | +€36,090 | +9.3% |
| Amounts payable | 17/49 | €2,794,980 | €2,630,296 | -€164,684 | -5.9% |
| Amounts payable after more than one year | 17 | €997,708 | €915,597 | -€82,110 | -8.2% |
| Financial debts | 170/4 | €176,539 | €116,689 | -€59,850 | -33.9% |
| Other amounts payable | 178/9 | €821,169 | €798,909 | -€22,260 | -2.7% |
| Amounts payable within one year | 42/48 | €1,795,173 | €1,684,495 | -€110,678 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €97,923 | €56,267 | -€41,657 | -42.5% |
| Financial debts | 43 | €873,947 | €750,000 | -€123,947 | -14.2% |
| Credit institutions | 430/8 | €873,947 | €750,000 | -€123,947 | -14.2% |
| Trade debts | 44 | €635,121 | €768,195 | +€133,074 | +21.0% |
| Suppliers | 440/4 | €635,121 | €768,195 | +€133,074 | +21.0% |
| Taxes, remuneration and social security | 45 | €138,182 | €110,033 | -€28,149 | -20.4% |
| Taxes | 450/3 | €50,008 | €34,562 | -€15,446 | -30.9% |
| Remuneration and social security | 454/9 | €88,174 | €75,471 | -€12,702 | -14.4% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Accrued charges and deferred income | 492/3 | €2,100 | €30,204 | +€28,104 | +1,338% |
| Remuneration, social security and pensions | 62 | €1,058,832 | €957,987 | -€100,846 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217,174 | €202,897 | -€14,277 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €70,291 | -€3,937 | -€74,228 | |
| Other operating charges | 640/8 | €42,044 | €43,903 | +€1,859 | +4.4% |
| Gross operating margin | 9900 | €1,447,587 | €1,261,242 | -€186,345 | -12.9% |
| Operating profit (loss) | 9901 | €59,247 | €60,393 | +€1,147 | +1.9% |
| Financial income | 75/76B | €18,346 | €25,678 | +€7,332 | +40.0% |
| Recurring financial income | 75 | €18,346 | €25,678 | +€7,332 | +40.0% |
| Financial charges | 65/66B | €70,001 | €48,755 | -€21,247 | -30.4% |
| Recurring financial charges | 65 | €70,001 | €48,755 | -€21,247 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €7,591 | €37,317 | +€29,725 | +392% |
| Income taxes | 67/77 | €1,333 | €1,227 | -€106 | -8.0% |
| Profit (loss) for the period | 9904 | €6,258 | €36,090 | +€29,831 | +477% |
| Profit (loss) for the period to be appropriated | 9905 | €6,258 | €36,090 | +€29,831 | +477% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.