WILMAR: what changed
Two fiscal 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 -€790,779
down €790,779 (-96.0%), from €823,780 to €33,001
mainly Current investments (-€726,735) and Other debts (-€144,919)
- Current investments +€726,735
new in 2025: €726,735
- Tangible fixed assets -€9,777
down €9,777 (-7.3%), from €133,039 to €123,262
of which Land and buildings: -€7,138
- Other debts -€144,919
down €144,919 (-99.9%), from €145,000 to €81
- Reserves +€62,626
up €62,626 (+8.5%), from €740,035 to €802,661
of which Distributable reserves: +€62,626
- Depreciation -€31,836
down €31,836 (-76.5%), from €41,613 to €9,777
- Gross operating margin +€13,553
up €13,553 (+17.7%), from €76,583 to €90,136
- Taxes +€9,930
up €9,930 (+54.3%), from €18,281 to €28,211
- Financial income -€6,012
down €6,012 (-25.6%), from €23,490 to €17,479
- Other operating charges -€2,352
down €2,352 (-26.8%), from €8,792 to €6,439
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 | €962,188 | €883,639 | -€78,548 | -8.2% |
| Fixed assets | 21/28 | €133,039 | €123,262 | -€9,777 | -7.3% |
| Tangible fixed assets | 22/27 | €133,039 | €123,262 | -€9,777 | -7.3% |
| Land and buildings | 22 | €129,989 | €122,851 | -€7,138 | -5.5% |
| Plant, machinery and equipment | 23 | €3,051 | €411 | -€2,639 | -86.5% |
| Current assets | 29/58 | €829,148 | €760,377 | -€68,771 | -8.3% |
| Amounts receivable within one year | 40/41 | €3,219 | €170 | -€3,049 | -94.7% |
| Trade receivables | 40 | €2,719 | €170 | -€2,549 | -93.7% |
| Other amounts receivable | 41 | €499 | - | -€499 | |
| Current investments | 50/53 | - | €726,735 | +€726,735 | |
| Cash at bank and in hand | 54/58 | €823,780 | €33,001 | -€790,779 | -96.0% |
| Deferred charges and accrued income | 490/1 | €2,149 | €471 | -€1,678 | -78.1% |
| Total equity and liabilities | 10/49 | €962,188 | €883,639 | -€78,548 | -8.2% |
| Equity | 10/15 | €802,035 | €864,661 | +€62,626 | +7.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €740,035 | €802,661 | +€62,626 | +8.5% |
| Non-distributable reserves | 130/1 | €18,085 | €18,085 | = | 0.0% |
| Legal reserve | 130 | €18,085 | €18,085 | = | 0.0% |
| Distributable reserves | 133 | €721,950 | €784,576 | +€62,626 | +8.7% |
| Amounts payable | 17/49 | €160,152 | €18,978 | -€141,174 | -88.1% |
| Amounts payable within one year | 42/48 | €160,152 | €18,978 | -€141,174 | -88.1% |
| Trade debts | 44 | €2,639 | €2,322 | -€317 | -12.0% |
| Suppliers | 440/4 | €2,639 | €2,322 | -€317 | -12.0% |
| Taxes, remuneration and social security | 45 | €12,513 | €16,574 | +€4,062 | +32.5% |
| Taxes | 450/3 | €12,513 | €16,574 | +€4,062 | +32.5% |
| Other amounts payable | 47/48 | €145,000 | €81 | -€144,919 | -99.9% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,613 | €9,777 | -€31,836 | -76.5% |
| Other operating charges | 640/8 | €8,792 | €6,439 | -€2,352 | -26.8% |
| Gross operating margin | 9900 | €76,583 | €90,136 | +€13,553 | +17.7% |
| Operating profit (loss) | 9901 | €26,178 | €73,919 | +€47,741 | +182.4% |
| Financial income | 75/76B | €23,490 | €17,479 | -€6,012 | -25.6% |
| Recurring financial income | 75 | €23,490 | €17,479 | -€6,012 | -25.6% |
| Financial charges | 65/66B | €177 | €561 | +€384 | +217.4% |
| Recurring financial charges | 65 | €177 | €561 | +€384 | +217.4% |
| Profit (loss) for the period before taxes | 9903 | €49,491 | €90,837 | +€41,345 | +83.5% |
| Income taxes | 67/77 | €18,281 | €28,211 | +€9,930 | +54.3% |
| Profit (loss) for the period | 9904 | €31,211 | €62,626 | +€31,415 | +100.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,211 | €62,626 | +€31,415 | +100.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.