WILLY & CO: 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 & CO
Largest movements
- Current investments +€168,994
up €168,994 (+63.4%), from €266,510 to €435,504
- Cash -€150,222
down €150,222 (-56.0%), from €268,188 to €117,966
mainly Current investments (-€168,994) and Other debts (-€27,447)
- Tangible fixed assets -€27,240
down €27,240 (-27.5%), from €99,115 to €71,876
of which Furniture and vehicles: -€17,485
- Receivables within one year -€17,273
down €17,273 (-36.1%), from €47,892 to €30,619
of which Trade receivables: -€22,620
- Other debts -€27,447
down €27,447 (-83.7%), from €32,782 to €5,335
- Gross operating margin -€49,282
down €49,282 (-63.2%), from €77,958 to €28,676
- Taxes -€9,178
down €9,178 (-98.3%), from €9,333 to €156
- Depreciation -€7,423
down €7,423 (-20.7%), from €35,814 to €28,392
- Financial income +€2,623
up €2,623 (+489%), from €536 to €3,159
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 | €689,780 | €665,084 | -€24,697 | -3.6% |
| Fixed assets | 21/28 | €99,115 | €71,876 | -€27,240 | -27.5% |
| Tangible fixed assets | 22/27 | €99,115 | €71,876 | -€27,240 | -27.5% |
| Land and buildings | 22 | €21,156 | €17,947 | -€3,209 | -15.2% |
| Plant, machinery and equipment | 23 | €693 | €1,407 | +€715 | +103% |
| Furniture and vehicles | 24 | €30,886 | €13,401 | -€17,485 | -56.6% |
| Other tangible fixed assets | 26 | €46,381 | €39,120 | -€7,261 | -15.7% |
| Current assets | 29/58 | €590,665 | €593,208 | +€2,543 | +0.4% |
| Stocks and contracts in progress | 3 | €1,162 | €1,162 | = | 0.0% |
| Stocks | 30/36 | €1,162 | €1,162 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,892 | €30,619 | -€17,273 | -36.1% |
| Trade receivables | 40 | €36,947 | €14,327 | -€22,620 | -61.2% |
| Other amounts receivable | 41 | €10,945 | €16,292 | +€5,347 | +48.8% |
| Current investments | 50/53 | €266,510 | €435,504 | +€168,994 | +63.4% |
| Cash at bank and in hand | 54/58 | €268,188 | €117,966 | -€150,222 | -56.0% |
| Deferred charges and accrued income | 490/1 | €6,913 | €7,956 | +€1,044 | +15.1% |
| Total equity and liabilities | 10/49 | €689,780 | €665,084 | -€24,697 | -3.6% |
| Equity | 10/15 | €642,456 | €643,153 | +€697 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €623,864 | €624,561 | +€697 | +0.1% |
| Tax-exempt reserves | 132 | €53,613 | €53,613 | = | 0.0% |
| Distributable reserves | 133 | €570,251 | €570,948 | +€697 | +0.1% |
| Amounts payable | 17/49 | €47,324 | €21,931 | -€25,394 | -53.7% |
| Amounts payable within one year | 42/48 | €47,324 | €21,931 | -€25,394 | -53.7% |
| Trade debts | 44 | €14,542 | €16,596 | +€2,054 | +14.1% |
| Suppliers | 440/4 | €14,542 | €16,596 | +€2,054 | +14.1% |
| Other amounts payable | 47/48 | €32,782 | €5,335 | -€27,447 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,814 | €28,392 | -€7,423 | -20.7% |
| Other operating charges | 640/8 | €2,806 | €2,269 | -€537 | -19.1% |
| Gross operating margin | 9900 | €77,958 | €28,676 | -€49,282 | -63.2% |
| Operating profit (loss) | 9901 | €39,338 | -€1,985 | -€41,322 | |
| Financial income | 75/76B | €536 | €3,159 | +€2,623 | +489% |
| Recurring financial income | 75 | €536 | €3,159 | +€2,623 | +489% |
| Financial charges | 65/66B | €753 | €322 | -€432 | -57.3% |
| Recurring financial charges | 65 | €753 | €322 | -€432 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €39,120 | €853 | -€38,268 | -97.8% |
| Income taxes | 67/77 | €9,333 | €156 | -€9,178 | -98.3% |
| Profit (loss) for the period | 9904 | €29,787 | €697 | -€29,090 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,787 | €697 | -€29,090 | -97.7% |
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 26 October 2026 via checked.be.