WILLY & FILS: 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 & FILS
Largest movements
- Tangible fixed assets +€161,889
up €161,889 (+8.7%), from €1.9m to €2.0m
of which Furniture and vehicles: +€204,193
- Cash +€96,283
up €96,283 (+79.1%), from €121,676 to €217,959
mainly Net result for the year (+€122,463) and Depreciation (+€119,023)
- Reserves +€88,000
up €88,000 (+29.0%), from €303,800 to €391,800
- Tax, wage and social debts +€64,649
up €64,649 (+286%), from €22,578 to €87,227
of which Taxes: +€51,959
- Current portion of long-term debt +€61,736
up €61,736 (+88.8%), from €69,561 to €131,297
- Other debts +€33,661
up €33,661 (+2,514%), from €1,339 to €35,000
- Debts after one year +€25,187
up €25,187 (+1.6%), from €1.6m to €1.6m
- Gross operating margin +€315,010
up €315,010 (+141%), from €223,401 to €538,411
- Staff costs +€96,549
up €96,549 (+255%), from €37,878 to €134,427
- Taxes +€82,624
up €82,624 (+1,450%), from €5,700 to €88,324
- Depreciation +€61,870
up €61,870 (+108%), from €57,153 to €119,023
- Financial charges +€5,800
up €5,800 (+9.0%), from €64,104 to €69,904
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 | €2,080,756 | €2,363,258 | +€282,502 | +13.6% |
| Fixed assets | 21/28 | €1,858,736 | €2,020,625 | +€161,889 | +8.7% |
| Tangible fixed assets | 22/27 | €1,858,736 | €2,020,625 | +€161,889 | +8.7% |
| Land and buildings | 22 | €1,858,277 | €1,770,374 | -€87,903 | -4.7% |
| Plant, machinery and equipment | 23 | €459 | €46,058 | +€45,599 | +9,934% |
| Furniture and vehicles | 24 | - | €204,193 | +€204,193 | |
| Current assets | 29/58 | €222,020 | €342,633 | +€120,613 | +54.3% |
| Stocks and contracts in progress | 3 | €8,991 | €12,763 | +€3,772 | +42.0% |
| Stocks | 30/36 | €8,991 | €12,763 | +€3,772 | +42.0% |
| Amounts receivable within one year | 40/41 | €88,880 | €111,465 | +€22,585 | +25.4% |
| Trade receivables | 40 | €32,807 | €66,109 | +€33,302 | +102% |
| Other amounts receivable | 41 | €56,073 | €45,356 | -€10,717 | -19.1% |
| Cash at bank and in hand | 54/58 | €121,676 | €217,959 | +€96,283 | +79.1% |
| Deferred charges and accrued income | 490/1 | €2,473 | €446 | -€2,027 | -82.0% |
| Total equity and liabilities | 10/49 | €2,080,756 | €2,363,258 | +€282,502 | +13.6% |
| Equity | 10/15 | €325,756 | €413,219 | +€87,463 | +26.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €303,800 | €391,800 | +€88,000 | +29.0% |
| Distributable reserves | 133 | €303,800 | €391,800 | +€88,000 | +29.0% |
| Profit (loss) carried forward | 14 | €1,496 | €959 | -€537 | -35.9% |
| Amounts payable | 17/49 | €1,755,000 | €1,950,039 | +€195,039 | +11.1% |
| Amounts payable after more than one year | 17 | €1,612,701 | €1,637,888 | +€25,187 | +1.6% |
| Financial debts | 170/4 | €1,612,701 | €1,637,888 | +€25,187 | +1.6% |
| Amounts payable within one year | 42/48 | €133,800 | €312,151 | +€178,351 | +133% |
| Current portion of amounts payable after more than one year | 42 | €69,561 | €131,297 | +€61,736 | +88.8% |
| Trade debts | 44 | €35,447 | €52,767 | +€17,320 | +48.9% |
| Suppliers | 440/4 | €35,447 | €52,767 | +€17,320 | +48.9% |
| Advances received on contracts in progress | 46 | €4,875 | €5,860 | +€985 | +20.2% |
| Taxes, remuneration and social security | 45 | €22,578 | €87,227 | +€64,649 | +286% |
| Taxes | 450/3 | €9,222 | €61,181 | +€51,959 | +563% |
| Remuneration and social security | 454/9 | €13,356 | €26,046 | +€12,690 | +95.0% |
| Other amounts payable | 47/48 | €1,339 | €35,000 | +€33,661 | +2,514% |
| Accrued charges and deferred income | 492/3 | €8,499 | - | -€8,499 | |
| Remuneration, social security and pensions | 62 | €37,878 | €134,427 | +€96,549 | +255% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,153 | €119,023 | +€61,870 | +108% |
| Other operating charges | 640/8 | €1,580 | €4,270 | +€2,690 | +170% |
| Gross operating margin | 9900 | €223,401 | €538,411 | +€315,010 | +141% |
| Operating profit (loss) | 9901 | €126,790 | €280,691 | +€153,901 | +121% |
| Financial income | 75/76B | €920 | - | -€920 | |
| Recurring financial income | 75 | €920 | - | -€920 | |
| Financial charges | 65/66B | €64,104 | €69,904 | +€5,800 | +9.0% |
| Recurring financial charges | 65 | €64,104 | €69,904 | +€5,800 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €63,606 | €210,787 | +€147,181 | +231% |
| Income taxes | 67/77 | €5,700 | €88,324 | +€82,624 | +1,450% |
| Profit (loss) for the period | 9904 | €57,906 | €122,463 | +€64,557 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €57,906 | €122,463 | +€64,557 | +111% |
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 1 November 2026 via checked.be.