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
- Cash -€431,812
down €431,812 (-73.9%), from €584,420 to €152,609
mainly Current investments (-€400,000) and Receivables within one year (-€87,064)
- Current investments +€400,000
new in 2025: €400,000
- Receivables after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year +€87,064
up €87,064 (+45.8%), from €190,097 to €277,161
of which Other amounts receivable: +€86,681
- Tangible fixed assets +€29,591
up €29,591 (+40.4%), from €73,223 to €102,814
of which Land and buildings: +€65,063
- Trade debts -€44,791
down €44,791 (-92.2%), from €48,597 to €3,806
- Profit (loss) carried forward +€16,280
up €16,280, from -€16,280 to €0
- Gross operating margin +€67,620
up €67,620 (+27.4%), from €247,105 to €314,725
- Depreciation -€28,978
down €28,978 (-35.2%), from €82,438 to €53,460
- Staff costs -€24,958
down €24,958 (-9.5%), from €263,535 to €238,577
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 | €1,016,365 | €989,742 | -€26,623 | -2.6% |
| Fixed assets | 21/28 | €135,463 | €151,298 | +€15,835 | +11.7% |
| Intangible fixed assets | 21 | €55,023 | €41,267 | -€13,756 | -25.0% |
| Tangible fixed assets | 22/27 | €73,223 | €102,814 | +€29,591 | +40.4% |
| Land and buildings | 22 | €19,845 | €84,908 | +€65,063 | +327.9% |
| Plant, machinery and equipment | 23 | €48,202 | €17,906 | -€30,296 | -62.9% |
| Furniture and vehicles | 24 | €5,177 | €0 | -€5,177 | -100.0% |
| Financial fixed assets | 28 | €7,217 | €7,217 | = | 0.0% |
| Current assets | 29/58 | €880,902 | €838,444 | -€42,458 | -4.8% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100.0% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €190,097 | €277,161 | +€87,064 | +45.8% |
| Trade receivables | 40 | - | €384 | +€384 | |
| Other amounts receivable | 41 | €190,097 | €276,778 | +€86,681 | +45.6% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €584,420 | €152,609 | -€431,812 | -73.9% |
| Deferred charges and accrued income | 490/1 | €6,385 | €8,674 | +€2,289 | +35.8% |
| Total equity and liabilities | 10/49 | €1,016,365 | €989,742 | -€26,623 | -2.6% |
| Equity | 10/15 | €922,906 | €948,883 | +€25,976 | +2.8% |
| Contributions | 10/11 | €59,648 | €59,648 | = | 0.0% |
| Reserves | 13 | €879,539 | €889,235 | +€9,696 | +1.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €206,868 | €206,868 | = | 0.0% |
| Distributable reserves | 133 | €672,671 | €682,367 | +€9,696 | +1.4% |
| Profit (loss) carried forward | 14 | -€16,280 | €0 | +€16,280 | |
| Amounts payable | 17/49 | €93,459 | €40,859 | -€52,599 | -56.3% |
| Amounts payable after more than one year | 17 | €26,014 | €19,306 | -€6,708 | -25.8% |
| Other amounts payable | 178/9 | €26,014 | €19,306 | -€6,708 | -25.8% |
| Amounts payable within one year | 42/48 | €64,993 | €19,675 | -€45,318 | -69.7% |
| Trade debts | 44 | €48,597 | €3,806 | -€44,791 | -92.2% |
| Suppliers | 440/4 | €48,597 | €3,806 | -€44,791 | -92.2% |
| Taxes, remuneration and social security | 45 | €16,395 | €15,868 | -€527 | -3.2% |
| Taxes | 450/3 | €16,395 | €7,708 | -€8,688 | -53.0% |
| Remuneration and social security | 454/9 | - | €8,161 | +€8,161 | |
| Accrued charges and deferred income | 492/3 | €2,452 | €1,878 | -€574 | -23.4% |
| Remuneration, social security and pensions | 62 | €263,535 | €238,577 | -€24,958 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,438 | €53,460 | -€28,978 | -35.2% |
| Other operating charges | 640/8 | €4,162 | €3,906 | -€256 | -6.2% |
| Gross operating margin | 9900 | €247,105 | €314,725 | +€67,620 | +27.4% |
| Operating profit (loss) | 9901 | -€103,030 | €18,782 | +€121,812 | |
| Financial income | 75/76B | €12,199 | €11,172 | -€1,026 | -8.4% |
| Recurring financial income | 75 | €12,199 | €11,172 | -€1,026 | -8.4% |
| Financial charges | 65/66B | €3,727 | €2,823 | -€904 | -24.3% |
| Recurring financial charges | 65 | €3,727 | €2,823 | -€904 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€94,558 | €27,132 | +€121,690 | |
| Income taxes | 67/77 | €399 | €1,155 | +€756 | +189.3% |
| Profit (loss) for the period | 9904 | -€94,958 | €25,976 | +€120,934 | |
| Transfer from tax-exempt reserves | 789 | €63,150 | €0 | -€63,150 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,808 | €25,976 | +€57,784 |
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 12 October 2026 via checked.be.