WILLY DRIESEN: 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 DRIESEN
Largest movements
- Tangible fixed assets +€15,519
up €15,519, from €0 to €15,519
- Receivables after one year -€5,117
down €5,117 (-8.5%), from €59,999 to €54,882
- Cash -€4,298
down €4,298 (-65.9%), from €6,524 to €2,227
mainly Investment in fixed assets (net) (-€18,017) and Net result for the year (-€6,323)
- Other debts +€13,450
up €13,450 (+1,295%), from €1,039 to €14,489
- Profit (loss) carried forward -€6,323
down €6,323 (-34.2%), from -€18,496 to -€24,819
- Tax, wage and social debts -€1,150
no longer reported in 2025 (was €1,150)
- Gross operating margin +€2,934
up €2,934 (+46.8%), from -€6,268 to -€3,334
- Depreciation +€2,498
new in 2025: €2,498
- Financial income -€457
down €457 (-81.1%), from €564 to €107
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 | €67,186 | €73,322 | +€6,136 | +9.1% |
| Fixed assets | 21/28 | €0 | €15,519 | +€15,519 | |
| Tangible fixed assets | 22/27 | €0 | €15,519 | +€15,519 | |
| Furniture and vehicles | 24 | €0 | €15,519 | +€15,519 | |
| Current assets | 29/58 | €67,186 | €57,803 | -€9,383 | -14.0% |
| Amounts receivable after more than one year | 29 | €59,999 | €54,882 | -€5,117 | -8.5% |
| Other amounts receivable | 291 | €59,999 | €54,882 | -€5,117 | -8.5% |
| Amounts receivable within one year | 40/41 | €663 | €695 | +€32 | +4.8% |
| Other amounts receivable | 41 | €663 | €695 | +€32 | +4.8% |
| Cash at bank and in hand | 54/58 | €6,524 | €2,227 | -€4,298 | -65.9% |
| Total equity and liabilities | 10/49 | €67,186 | €73,322 | +€6,136 | +9.1% |
| Equity | 10/15 | €64,690 | €58,367 | -€6,323 | -9.8% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €55,687 | €55,687 | = | 0.0% |
| Distributable reserves | 133 | €55,687 | €55,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,496 | -€24,819 | -€6,323 | -34.2% |
| Amounts payable | 17/49 | €2,496 | €14,955 | +€12,459 | +499% |
| Amounts payable within one year | 42/48 | €2,496 | €14,955 | +€12,459 | +499% |
| Trade debts | 44 | €307 | €466 | +€159 | +51.7% |
| Suppliers | 440/4 | €307 | €466 | +€159 | +51.7% |
| Taxes, remuneration and social security | 45 | €1,150 | - | -€1,150 | |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €1,039 | €14,489 | +€13,450 | +1,295% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,498 | +€2,498 | |
| Other operating charges | 640/8 | €652 | €598 | -€55 | -8.4% |
| Gross operating margin | 9900 | -€6,268 | -€3,334 | +€2,934 | +46.8% |
| Operating profit (loss) | 9901 | -€6,921 | -€6,430 | +€491 | +7.1% |
| Financial income | 75/76B | €564 | €107 | -€457 | -81.1% |
| Recurring financial income | 75 | €564 | €107 | -€457 | -81.1% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€6,357 | -€6,323 | +€34 | +0.5% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€6,357 | -€6,323 | +€34 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,357 | -€6,323 | +€34 | +0.5% |
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 14 October 2026 via checked.be.