WILMAR: 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.
WILMAR
Largest movements
- Receivables within one year -€104,397
down €104,397 (-61.8%), from €168,992 to €64,595
of which Trade receivables: -€105,179
- Tangible fixed assets -€64,459
down €64,459 (-19.9%), from €324,526 to €260,066
- Stocks and contracts -€56,509
down €56,509 (-7.6%), from €746,009 to €689,500
- Cash -€55,943
down €55,943 (-44.3%), from €126,205 to €70,262
mainly Net result for the year (-€277,921) and Trade debts (-€164,157)
- Reserves -€277,600
down €277,600 (-60.3%), from €460,479 to €182,879
of which Distributable reserves: -€277,600
- Trade debts -€164,157
down €164,157 (-53.4%), from €307,623 to €143,466
- Other debts +€150,800
up €150,800 (+2,408%), from €6,262 to €157,062
- Gross operating margin +€86,040
up €86,040 (+193%), from €44,526 to €130,566
- Staff costs +€69,154
up €69,154 (+28.9%), from €238,963 to €308,117
- Depreciation -€12,004
down €12,004 (-15.7%), from €76,463 to €64,459
- Financial charges +€5,341
up €5,341 (+28.6%), from €18,664 to €24,005
- Financial income -€2,400
down €2,400 (-100%), from €2,400 to €0
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 | €1,374,932 | €1,088,329 | -€286,603 | -20.8% |
| Fixed assets | 21/28 | €324,526 | €260,066 | -€64,459 | -19.9% |
| Tangible fixed assets | 22/27 | €324,526 | €260,066 | -€64,459 | -19.9% |
| Land and buildings | 22 | €261,711 | €233,443 | -€28,268 | -10.8% |
| Plant, machinery and equipment | 23 | €45,969 | €17,905 | -€28,064 | -61.0% |
| Furniture and vehicles | 24 | €16,846 | €8,718 | -€8,128 | -48.2% |
| Current assets | 29/58 | €1,050,407 | €828,263 | -€222,144 | -21.1% |
| Stocks and contracts in progress | 3 | €746,009 | €689,500 | -€56,509 | -7.6% |
| Stocks | 30/36 | €746,009 | €689,500 | -€56,509 | -7.6% |
| Amounts receivable within one year | 40/41 | €168,992 | €64,595 | -€104,397 | -61.8% |
| Trade receivables | 40 | €168,992 | €63,813 | -€105,179 | -62.2% |
| Other amounts receivable | 41 | €0 | €782 | +€782 | |
| Cash at bank and in hand | 54/58 | €126,205 | €70,262 | -€55,943 | -44.3% |
| Deferred charges and accrued income | 490/1 | €9,201 | €3,906 | -€5,295 | -57.5% |
| Total equity and liabilities | 10/49 | €1,374,932 | €1,088,329 | -€286,603 | -20.8% |
| Equity | 10/15 | €535,384 | €257,463 | -€277,921 | -51.9% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €460,479 | €182,879 | -€277,600 | -60.3% |
| Tax-exempt reserves | 132 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €458,000 | €180,400 | -€277,600 | -60.6% |
| Profit (loss) carried forward | 14 | €405 | €84 | -€321 | -79.3% |
| Amounts payable | 17/49 | €839,549 | €830,866 | -€8,682 | -1.0% |
| Amounts payable within one year | 42/48 | €839,549 | €830,866 | -€8,682 | -1.0% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €307,623 | €143,466 | -€164,157 | -53.4% |
| Suppliers | 440/4 | €307,623 | €143,466 | -€164,157 | -53.4% |
| Taxes, remuneration and social security | 45 | €25,663 | €30,338 | +€4,675 | +18.2% |
| Taxes | 450/3 | €3,559 | €73 | -€3,486 | -98.0% |
| Remuneration and social security | 454/9 | €22,105 | €30,265 | +€8,161 | +36.9% |
| Other amounts payable | 47/48 | €6,262 | €157,062 | +€150,800 | +2,408% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €238,963 | €308,117 | +€69,154 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,463 | €64,459 | -€12,004 | -15.7% |
| Other operating charges | 640/8 | €13,722 | €11,833 | -€1,890 | -13.8% |
| Gross operating margin | 9900 | €44,526 | €130,566 | +€86,040 | +193% |
| Operating profit (loss) | 9901 | -€284,622 | -€253,843 | +€30,779 | +10.8% |
| Financial income | 75/76B | €2,400 | €0 | -€2,400 | -100% |
| Recurring financial income | 75 | €2,400 | €0 | -€2,400 | -100% |
| Financial charges | 65/66B | €18,664 | €24,005 | +€5,341 | +28.6% |
| Recurring financial charges | 65 | €18,664 | €24,005 | +€5,341 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€300,886 | -€277,848 | +€23,038 | +7.7% |
| Income taxes | 67/77 | €131 | €73 | -€58 | -44.4% |
| Profit (loss) for the period | 9904 | -€301,017 | -€277,921 | +€23,096 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€301,017 | -€277,921 | +€23,096 | +7.7% |
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 13 October 2026 via checked.be.