WILLY SAUWENS: what changed
WILLY SAUWENS
Largest movements
- Tangible fixed assets -€5,316
down €5,316 (-42.0%), from €12,650 to €7,334
of which Furniture and vehicles: -€5,316
- Receivables within one year +€5,017
up €5,017 (+67.6%), from €7,422 to €12,439
of which Trade receivables: +€4,846
- Other debts -€11,667
down €11,667 (-13.7%), from €85,024 to €73,357
- Profit (loss) carried forward +€9,336
up €9,336, from -€9,336 to €0
- Trade debts +€2,924
up €2,924 (+216%), from €1,353 to €4,277
- Reserves +€2,803
up €2,803 (+1.9%), from €146,293 to €149,096
- Other operating charges -€5,382
down €5,382 (-88.8%), from €6,064 to €681
- Financial income +€3,474
up €3,474 (+112%), from €3,104 to €6,577
- Gross operating margin -€2,310
down €2,310 (-10.9%), from €21,224 to €18,915
- Taxes +€1,497
up €1,497 (+2,481%), from €60 to €1,557
- Financial charges -€1,220
down €1,220 (-17.4%), from €7,019 to €5,799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,856 | €274,825 | -€32 | 0.0% |
| Fixed assets | 21/28 | €12,650 | €7,334 | -€5,316 | -42.0% |
| Tangible fixed assets | 22/27 | €12,650 | €7,334 | -€5,316 | -42.0% |
| Furniture and vehicles | 24 | €10,250 | €4,934 | -€5,316 | -51.9% |
| Other tangible fixed assets | 26 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €262,207 | €267,491 | +€5,284 | +2.0% |
| Amounts receivable within one year | 40/41 | €7,422 | €12,439 | +€5,017 | +67.6% |
| Trade receivables | 40 | €6,506 | €11,352 | +€4,846 | +74.5% |
| Other amounts receivable | 41 | €916 | €1,087 | +€171 | +18.7% |
| Current investments | 50/53 | €97,224 | €97,224 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €157,415 | €157,185 | -€230 | -0.1% |
| Deferred charges and accrued income | 490/1 | €145 | €643 | +€498 | +342% |
| Total equity and liabilities | 10/49 | €274,856 | €274,825 | -€32 | 0.0% |
| Equity | 10/15 | €149,357 | €161,496 | +€12,139 | +8.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €146,293 | €149,096 | +€2,803 | +1.9% |
| Distributable reserves | 133 | €146,293 | €149,096 | +€2,803 | +1.9% |
| Profit (loss) carried forward | 14 | -€9,336 | €0 | +€9,336 | |
| Amounts payable | 17/49 | €125,499 | €113,329 | -€12,171 | -9.7% |
| Amounts payable within one year | 42/48 | €96,796 | €86,674 | -€10,122 | -10.5% |
| Trade debts | 44 | €1,353 | €4,277 | +€2,924 | +216% |
| Suppliers | 440/4 | €1,353 | €4,277 | +€2,924 | +216% |
| Taxes, remuneration and social security | 45 | €10,420 | €9,041 | -€1,379 | -13.2% |
| Taxes | 450/3 | €6,765 | €5,352 | -€1,412 | -20.9% |
| Remuneration and social security | 454/9 | €3,655 | €3,688 | +€33 | +0.9% |
| Other amounts payable | 47/48 | €85,024 | €73,357 | -€11,667 | -13.7% |
| Accrued charges and deferred income | 492/3 | €28,703 | €26,655 | -€2,049 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,388 | €5,316 | +€928 | +21.1% |
| Other operating charges | 640/8 | €6,064 | €681 | -€5,382 | -88.8% |
| Gross operating margin | 9900 | €21,224 | €18,915 | -€2,310 | -10.9% |
| Operating profit (loss) | 9901 | €10,772 | €12,917 | +€2,145 | +19.9% |
| Financial income | 75/76B | €3,104 | €6,577 | +€3,474 | +112% |
| Recurring financial income | 75 | €3,104 | €6,577 | +€3,474 | +112% |
| Financial charges | 65/66B | €7,019 | €5,799 | -€1,220 | -17.4% |
| Recurring financial charges | 65 | €7,019 | €5,799 | -€1,220 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €6,857 | €13,696 | +€6,839 | +99.7% |
| Income taxes | 67/77 | €60 | €1,557 | +€1,497 | +2,481% |
| Profit (loss) for the period | 9904 | €6,797 | €12,139 | +€5,342 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,797 | €12,139 | +€5,342 | +78.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.