WILLYWOOD: 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.
WILLYWOOD
Largest movements
- Stocks and contracts +€25,008
up €25,008 (+84.7%), from €29,536 to €54,544
of which Contracts in progress: +€28,156
- Tangible fixed assets -€17,921
down €17,921 (-31.0%), from €57,729 to €39,809
of which Furniture and vehicles: -€10,520
- Receivables within one year -€9,848
down €9,848 (-22.2%), from €44,364 to €34,516
of which Trade receivables: -€8,098
- Debts after one year -€13,709
down €13,709 (-44.3%), from €30,972 to €17,263
- Tax, wage and social debts +€10,626
up €10,626 (+39.2%), from €27,087 to €37,713
of which Remuneration and social security: +€6,400
- Short-term financial debts -€10,611
down €10,611 (-31.7%), from €33,522 to €22,911
- Trade debts +€9,050
up €9,050 (+115%), from €7,858 to €16,909
- Other debts +€3,011
up €3,011 (+64.4%), from €4,673 to €7,684
- Gross operating margin +€13,851
up €13,851 (+82.8%), from €16,725 to €30,576
- Financial charges +€2,553
up €2,553 (+60.7%), from €4,204 to €6,757
- Depreciation +€1,362
up €1,362 (+8.0%), from €17,063 to €18,425
- Financial income -€583
down €583 (-99.9%), from €584 to €1
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,921 | €130,905 | -€2,016 | -1.5% |
| Fixed assets | 21/28 | €57,729 | €39,809 | -€17,921 | -31.0% |
| Tangible fixed assets | 22/27 | €57,729 | €39,809 | -€17,921 | -31.0% |
| Plant, machinery and equipment | 23 | €1,187 | €775 | -€412 | -34.7% |
| Furniture and vehicles | 24 | €28,227 | €17,706 | -€10,520 | -37.3% |
| Leasing and similar rights | 25 | €28,316 | €21,328 | -€6,988 | -24.7% |
| Current assets | 29/58 | €75,191 | €91,096 | +€15,905 | +21.2% |
| Stocks and contracts in progress | 3 | €29,536 | €54,544 | +€25,008 | +84.7% |
| Stocks | 30/36 | €29,536 | €26,388 | -€3,148 | -10.7% |
| Contracts in progress | 37 | - | €28,156 | +€28,156 | |
| Amounts receivable within one year | 40/41 | €44,364 | €34,516 | -€9,848 | -22.2% |
| Trade receivables | 40 | €42,614 | €34,516 | -€8,098 | -19.0% |
| Other amounts receivable | 41 | €1,750 | - | -€1,750 | |
| Deferred charges and accrued income | 490/1 | €1,291 | €2,036 | +€745 | +57.7% |
| Total equity and liabilities | 10/49 | €132,921 | €130,905 | -€2,016 | -1.5% |
| Equity | 10/15 | €15,940 | €14,716 | -€1,223 | -7.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,940 | €10,716 | -€1,223 | -10.2% |
| Amounts payable | 17/49 | €116,981 | €116,188 | -€792 | -0.7% |
| Amounts payable after more than one year | 17 | €30,972 | €17,263 | -€13,709 | -44.3% |
| Financial debts | 170/4 | €30,972 | €17,263 | -€13,709 | -44.3% |
| Amounts payable within one year | 42/48 | €86,009 | €98,926 | +€12,917 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €12,869 | €13,709 | +€840 | +6.5% |
| Financial debts | 43 | €33,522 | €22,911 | -€10,611 | -31.7% |
| Credit institutions | 430/8 | €33,522 | €22,911 | -€10,611 | -31.7% |
| Trade debts | 44 | €7,858 | €16,909 | +€9,050 | +115% |
| Suppliers | 440/4 | €7,858 | €16,909 | +€9,050 | +115% |
| Taxes, remuneration and social security | 45 | €27,087 | €37,713 | +€10,626 | +39.2% |
| Taxes | 450/3 | €27,087 | €31,313 | +€4,226 | +15.6% |
| Remuneration and social security | 454/9 | - | €6,400 | +€6,400 | |
| Other amounts payable | 47/48 | €4,673 | €7,684 | +€3,011 | +64.4% |
| Remuneration, social security and pensions | 62 | €178 | €131 | -€47 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,063 | €18,425 | +€1,362 | +8.0% |
| Other operating charges | 640/8 | €561 | €337 | -€224 | -39.9% |
| Non-recurring operating charges | 66A | €2,300 | €6,150 | +€3,850 | +167% |
| Gross operating margin | 9900 | €16,725 | €30,576 | +€13,851 | +82.8% |
| Operating profit (loss) | 9901 | -€3,376 | €5,533 | +€8,909 | |
| Financial income | 75/76B | €584 | €1 | -€583 | -99.9% |
| Recurring financial income | 75 | €584 | €1 | -€583 | -99.9% |
| Financial charges | 65/66B | €4,204 | €6,757 | +€2,553 | +60.7% |
| Recurring financial charges | 65 | €4,204 | €6,757 | +€2,553 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,997 | -€1,223 | +€5,773 | +82.5% |
| Profit (loss) for the period | 9904 | -€6,997 | -€1,223 | +€5,773 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,997 | -€1,223 | +€5,773 | +82.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.