WILLY VAN LAUTEM: what changed
WILLY VAN LAUTEM
Largest movements
- Cash +€77,218
up €77,218 (+186%), from €41,521 to €118,739
mainly Receivables within one year (+€31,994) and Current investments (+€22,672)
- Receivables within one year -€31,994
down €31,994 (-90.3%), from €35,439 to €3,445
of which Trade receivables: -€32,052
- Current investments -€22,672
down €22,672 (-6.2%), from €363,882 to €341,209
- Tangible fixed assets +€18,536
up €18,536 (+6,369%), from €291 to €18,827
- Stocks and contracts -€9,500
down €9,500 (-76.3%), from €12,450 to €2,950
of which Contracts in progress: -€9,500
- Reserves +€14,002
up €14,002 (+3.4%), from €415,427 to €429,429
- Accrued charges and deferred income +€11,000
new in 2025: €11,000
- Financial income +€12,741
up €12,741 (+182%), from €7,009 to €19,750
- Taxes +€3,632
up €3,632 (+243%), from €1,496 to €5,128
- Gross operating margin +€3,165
up €3,165 (+98.6%), from €3,210 to €6,375
- Other operating charges -€484
down €484 (-42.0%), from €1,154 to €670
- Depreciation -€424
down €424 (-8.0%), from €5,326 to €4,902
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 | €453,583 | €485,170 | +€31,587 | +7.0% |
| Fixed assets | 21/28 | €291 | €18,827 | +€18,536 | +6,369% |
| Tangible fixed assets | 22/27 | €291 | €18,827 | +€18,536 | +6,369% |
| Furniture and vehicles | 24 | €291 | €18,827 | +€18,536 | +6,369% |
| Current assets | 29/58 | €453,292 | €466,343 | +€13,051 | +2.9% |
| Stocks and contracts in progress | 3 | €12,450 | €2,950 | -€9,500 | -76.3% |
| Stocks | 30/36 | €2,950 | €2,950 | = | 0.0% |
| Contracts in progress | 37 | €9,500 | - | -€9,500 | |
| Amounts receivable within one year | 40/41 | €35,439 | €3,445 | -€31,994 | -90.3% |
| Trade receivables | 40 | €34,936 | €2,884 | -€32,052 | -91.7% |
| Other amounts receivable | 41 | €503 | €561 | +€57 | +11.4% |
| Current investments | 50/53 | €363,882 | €341,209 | -€22,672 | -6.2% |
| Cash at bank and in hand | 54/58 | €41,521 | €118,739 | +€77,218 | +186% |
| Total equity and liabilities | 10/49 | €453,583 | €485,170 | +€31,587 | +7.0% |
| Equity | 10/15 | €439,087 | €453,090 | +€14,002 | +3.2% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €415,427 | €429,429 | +€14,002 | +3.4% |
| Distributable reserves | 133 | €415,427 | €429,429 | +€14,002 | +3.4% |
| Profit (loss) carried forward | 14 | €11,266 | €11,266 | = | 0.0% |
| Amounts payable | 17/49 | €14,496 | €32,081 | +€17,585 | +121% |
| Amounts payable within one year | 42/48 | €14,496 | €21,081 | +€6,585 | +45.4% |
| Trade debts | 44 | €3,381 | €1,836 | -€1,545 | -45.7% |
| Suppliers | 440/4 | €3,381 | €1,836 | -€1,545 | -45.7% |
| Taxes, remuneration and social security | 45 | €180 | €4,770 | +€4,589 | +2,548% |
| Taxes | 450/3 | €180 | €4,770 | +€4,589 | +2,548% |
| Other amounts payable | 47/48 | €10,935 | €14,475 | +€3,540 | +32.4% |
| Accrued charges and deferred income | 492/3 | - | €11,000 | +€11,000 | |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €691 | €557 | -€134 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,326 | €4,902 | -€424 | -8.0% |
| Other operating charges | 640/8 | €1,154 | €670 | -€484 | -42.0% |
| Gross operating margin | 9900 | €3,210 | €6,375 | +€3,165 | +98.6% |
| Operating profit (loss) | 9901 | -€3,961 | €247 | +€4,208 | |
| Financial income | 75/76B | €7,009 | €19,750 | +€12,741 | +182% |
| Recurring financial income | 75 | €7,009 | €19,750 | +€12,741 | +182% |
| Financial charges | 65/66B | €1,028 | €866 | -€162 | -15.7% |
| Recurring financial charges | 65 | €1,028 | €866 | -€162 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €2,020 | €19,130 | +€17,110 | +847% |
| Income taxes | 67/77 | €1,496 | €5,128 | +€3,632 | +243% |
| Profit (loss) for the period | 9904 | €524 | €14,002 | +€13,479 | +2,574% |
| Profit (loss) for the period to be appropriated | 9905 | €524 | €14,002 | +€13,479 | +2,574% |
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 5 November 2026 via checked.be.