WILLY SAMYN: what changed
Two fiscal 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 SAMYN
Largest movements
- Tangible fixed assets +€415,443
up €415,443 (+267.2%), from €155,462 to €570,906
of which Leasing and similar rights: +€447,519
- Stocks and contracts -€383,866
down €383,866 (-31.6%), from €1.2m to €830,412
of which Contracts in progress: -€288,785
- Cash +€372,130
up €372,130 (+133.0%), from €279,819 to €651,949
mainly Debts after one year (+€390,639) and Stocks and contracts (+€383,866)
- Receivables within one year -€95,572
down €95,572 (-11.9%), from €801,224 to €705,652
of which Trade receivables: -€132,940
- Other debts -€396,916
down €396,916 (-59.7%), from €664,812 to €267,896
- Debts after one year +€390,639
up €390,639 (+180.5%), from €216,440 to €607,078
- Accrued charges and deferred income +€169,286
up €169,286 (+621.7%), from €27,228 to €196,514
- Reserves +€152,795
up €152,795 (+16.9%), from €903,866 to €1.1m
of which Distributable reserves: +€152,795
- Current portion of long-term debt +€55,388
up €55,388 (+258.2%), from €21,448 to €76,836
- Gross operating margin -€238,858
down €238,858 (-10.8%), from €2.2m to €2.0m
- Financial income +€83,800
up €83,800 (+1009.7%), from €8,300 to €92,100
- Taxes -€72,878
down €72,878 (-58.8%), from €123,902 to €51,024
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.
Cash bridge derived
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 | €2,526,701 | €2,811,791 | +€285,090 | +11.3% |
| Fixed assets | 21/28 | €168,309 | €580,953 | +€412,643 | +245.2% |
| Intangible fixed assets | 21 | €12,597 | €9,797 | -€2,800 | -22.2% |
| Tangible fixed assets | 22/27 | €155,462 | €570,906 | +€415,443 | +267.2% |
| Land and buildings | 22 | - | €17,961 | +€17,961 | |
| Plant, machinery and equipment | 23 | €51,608 | €29,435 | -€22,173 | -43.0% |
| Furniture and vehicles | 24 | €80,229 | €52,366 | -€27,863 | -34.7% |
| Leasing and similar rights | 25 | €23,626 | €471,145 | +€447,519 | +1894.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,358,392 | €2,230,839 | -€127,553 | -5.4% |
| Stocks and contracts in progress | 3 | €1,214,277 | €830,412 | -€383,866 | -31.6% |
| Stocks | 30/36 | €445,664 | €350,583 | -€95,081 | -21.3% |
| Contracts in progress | 37 | €768,613 | €479,828 | -€288,785 | -37.6% |
| Amounts receivable within one year | 40/41 | €801,224 | €705,652 | -€95,572 | -11.9% |
| Trade receivables | 40 | €755,466 | €622,526 | -€132,940 | -17.6% |
| Other amounts receivable | 41 | €45,758 | €83,126 | +€37,368 | +81.7% |
| Cash at bank and in hand | 54/58 | €279,819 | €651,949 | +€372,130 | +133.0% |
| Deferred charges and accrued income | 490/1 | €63,072 | €42,826 | -€20,245 | -32.1% |
| Total equity and liabilities | 10/49 | €2,526,701 | €2,811,791 | +€285,090 | +11.3% |
| Equity | 10/15 | €922,458 | €1,075,254 | +€152,795 | +16.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €903,866 | €1,056,662 | +€152,795 | +16.9% |
| Tax-exempt reserves | 132 | €49,005 | €49,005 | = | 0.0% |
| Distributable reserves | 133 | €854,861 | €1,007,656 | +€152,795 | +17.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,604,243 | €1,736,538 | +€132,295 | +8.2% |
| Amounts payable after more than one year | 17 | €216,440 | €607,078 | +€390,639 | +180.5% |
| Financial debts | 170/4 | €216,440 | €607,078 | +€390,639 | +180.5% |
| Amounts payable within one year | 42/48 | €1,360,575 | €932,946 | -€427,629 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €21,448 | €76,836 | +€55,388 | +258.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €378,652 | €344,201 | -€34,451 | -9.1% |
| Suppliers | 440/4 | €378,652 | €344,201 | -€34,451 | -9.1% |
| Taxes, remuneration and social security | 45 | €295,662 | €244,012 | -€51,650 | -17.5% |
| Taxes | 450/3 | €99,067 | €29,568 | -€69,499 | -70.2% |
| Remuneration and social security | 454/9 | €196,595 | €214,444 | +€17,849 | +9.1% |
| Other amounts payable | 47/48 | €664,812 | €267,896 | -€396,916 | -59.7% |
| Accrued charges and deferred income | 492/3 | €27,228 | €196,514 | +€169,286 | +621.7% |
| Non-recurring operating income | 76A | €9,170 | €0 | -€9,170 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,701,697 | €1,720,296 | +€18,599 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,072 | €70,056 | +€4,983 | +7.7% |
| Other operating charges | 640/8 | €15,070 | €8,239 | -€6,832 | -45.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,208,088 | €1,969,230 | -€238,858 | -10.8% |
| Operating profit (loss) | 9901 | €426,249 | €170,640 | -€255,609 | -60.0% |
| Financial income | 75/76B | €8,300 | €92,100 | +€83,800 | +1009.7% |
| Recurring financial income | 75 | €8,300 | €92,100 | +€83,800 | +1009.7% |
| Financial charges | 65/66B | €66,333 | €58,921 | -€7,413 | -11.2% |
| Recurring financial charges | 65 | €66,333 | €58,921 | -€7,413 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €368,215 | €203,819 | -€164,396 | -44.6% |
| Income taxes | 67/77 | €123,902 | €51,024 | -€72,878 | -58.8% |
| Profit (loss) for the period | 9904 | €244,313 | €152,795 | -€91,518 | -37.5% |
| Transfer to tax-exempt reserves | 689 | €2,847 | €0 | -€2,847 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €241,466 | €152,795 | -€88,671 | -36.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.