WILLY INTERNATIONAL: 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 INTERNATIONAL
Largest movements
- Current investments +€54,387
up €54,387 (+837%), from €6,500 to €60,887
- Cash -€37,528
down €37,528 (-69.4%), from €54,084 to €16,556
mainly Current investments (-€54,387) and Investment in fixed assets (net) (-€12,454)
- Receivables within one year +€11,588
new in 2025: €11,588
- Financial fixed assets +€11,125
up €11,125 (+141%), from €7,875 to €19,000
- Reserves +€43,900
up €43,900 (+127%), from €34,687 to €78,587
- Current portion of long-term debt -€10,187
down €10,187 (-91.4%), from €11,140 to €953
- Tax, wage and social debts +€6,176
up €6,176 (+61.5%), from €10,045 to €16,220
- Trade debts +€1,451
up €1,451 (+196%), from €741 to €2,192
- Other debts -€1,313
down €1,313 (-10.1%), from €13,042 to €11,729
- Gross operating margin +€17,334
up €17,334 (+40.3%), from €42,994 to €60,328
- Depreciation -€13,547
down €13,547 (-85.7%), from €15,803 to €2,256
- Taxes +€7,375
up €7,375 (+71.9%), from €10,255 to €17,630
- Financial income +€4,001
up €4,001 (+558%), from €717 to €4,717
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 | €75,607 | €114,681 | +€39,074 | +51.7% |
| Fixed assets | 21/28 | €15,023 | €25,221 | +€10,198 | +67.9% |
| Tangible fixed assets | 22/27 | €7,148 | €6,221 | -€927 | -13.0% |
| Furniture and vehicles | 24 | €6,173 | €5,246 | -€927 | -15.0% |
| Other tangible fixed assets | 26 | €975 | €975 | = | 0.0% |
| Financial fixed assets | 28 | €7,875 | €19,000 | +€11,125 | +141% |
| Current assets | 29/58 | €60,584 | €89,460 | +€28,876 | +47.7% |
| Amounts receivable within one year | 40/41 | - | €11,588 | +€11,588 | |
| Trade receivables | 40 | - | €11,588 | +€11,588 | |
| Current investments | 50/53 | €6,500 | €60,887 | +€54,387 | +837% |
| Cash at bank and in hand | 54/58 | €54,084 | €16,556 | -€37,528 | -69.4% |
| Deferred charges and accrued income | 490/1 | - | €429 | +€429 | |
| Total equity and liabilities | 10/49 | €75,607 | €114,681 | +€39,074 | +51.7% |
| Equity | 10/15 | €39,687 | €83,587 | +€43,900 | +111% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,687 | €78,587 | +€43,900 | +127% |
| Distributable reserves | 133 | €34,687 | €78,587 | +€43,900 | +127% |
| Amounts payable | 17/49 | €35,920 | €31,094 | -€4,826 | -13.4% |
| Amounts payable after more than one year | 17 | €953 | €0 | -€953 | -100% |
| Financial debts | 170/4 | €953 | €0 | -€953 | -100% |
| Amounts payable within one year | 42/48 | €34,967 | €31,094 | -€3,873 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €11,140 | €953 | -€10,187 | -91.4% |
| Trade debts | 44 | €741 | €2,192 | +€1,451 | +196% |
| Suppliers | 440/4 | €741 | €2,192 | +€1,451 | +196% |
| Taxes, remuneration and social security | 45 | €10,045 | €16,220 | +€6,176 | +61.5% |
| Taxes | 450/3 | €10,045 | €16,220 | +€6,176 | +61.5% |
| Other amounts payable | 47/48 | €13,042 | €11,729 | -€1,313 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,803 | €2,256 | -€13,547 | -85.7% |
| Other operating charges | 640/8 | €722 | €692 | -€30 | -4.2% |
| Gross operating margin | 9900 | €42,994 | €60,328 | +€17,334 | +40.3% |
| Operating profit (loss) | 9901 | €26,469 | €57,380 | +€30,911 | +117% |
| Financial income | 75/76B | €717 | €4,717 | +€4,001 | +558% |
| Recurring financial income | 75 | €717 | €4,717 | +€4,001 | +558% |
| Financial charges | 65/66B | €1,052 | €568 | -€484 | -46.0% |
| Recurring financial charges | 65 | €1,052 | €568 | -€484 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €26,134 | €61,530 | +€35,396 | +135% |
| Income taxes | 67/77 | €10,255 | €17,630 | +€7,375 | +71.9% |
| Profit (loss) for the period | 9904 | €15,879 | €43,900 | +€28,021 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €15,879 | €43,900 | +€28,021 | +176% |
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 25 October 2026 via checked.be.