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 +€78,178
up €78,178 (+91.9%), from €85,057 to €163,234
mainly Depreciation (+€168,196) and Other debts (+€63,762)
- Receivables within one year +€58,517
up €58,517 (+30.2%), from €193,830 to €252,347
of which Other amounts receivable: +€65,844
- Tangible fixed assets -€48,404
down €48,404 (-3.3%), from €1.5m to €1.4m
of which Plant, machinery and equipment: -€27,402
- Other debts +€63,762
up €63,762 (+27.2%), from €234,382 to €298,144
- Debts after one year -€50,096
down €50,096 (-5.8%), from €862,310 to €812,214
of which Financial debts: -€65,534
- Reserves +€36,157
up €36,157 (+5.4%), from €672,001 to €708,158
of which Distributable reserves: +€36,157
- Gross operating margin +€130,257
up €130,257 (+34.9%), from €372,937 to €503,194
- Depreciation +€64,497
up €64,497 (+62.2%), from €103,699 to €168,196
- Financial charges +€7,876
up €7,876 (+43.8%), from €17,993 to €25,868
- Other operating charges -€7,063
down €7,063 (-36.6%), from €19,272 to €12,209
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 | €2,007,566 | €2,071,735 | +€64,168 | +3.2% |
| Formation expenses | 20 | €28,100 | €22,352 | -€5,749 | -20.5% |
| Fixed assets | 21/28 | €1,476,770 | €1,428,366 | -€48,404 | -3.3% |
| Tangible fixed assets | 22/27 | €1,475,634 | €1,427,229 | -€48,404 | -3.3% |
| Land and buildings | 22 | €800,422 | €786,485 | -€13,937 | -1.7% |
| Plant, machinery and equipment | 23 | €657,713 | €630,311 | -€27,402 | -4.2% |
| Furniture and vehicles | 24 | €17,498 | €10,433 | -€7,065 | -40.4% |
| Financial fixed assets | 28 | €1,137 | €1,137 | = | 0.0% |
| Current assets | 29/58 | €502,695 | €621,017 | +€118,322 | +23.5% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 291 | €20,000 | - | -€20,000 | |
| Stocks and contracts in progress | 3 | €202,709 | €204,736 | +€2,027 | +1.0% |
| Stocks | 30/36 | €202,709 | €204,736 | +€2,027 | +1.0% |
| Amounts receivable within one year | 40/41 | €193,830 | €252,347 | +€58,517 | +30.2% |
| Trade receivables | 40 | €78,567 | €71,240 | -€7,327 | -9.3% |
| Other amounts receivable | 41 | €115,263 | €181,107 | +€65,844 | +57.1% |
| Cash at bank and in hand | 54/58 | €85,057 | €163,234 | +€78,178 | +91.9% |
| Deferred charges and accrued income | 490/1 | €1,100 | €700 | -€399 | -36.3% |
| Total equity and liabilities | 10/49 | €2,007,566 | €2,071,735 | +€64,168 | +3.2% |
| Equity | 10/15 | €679,295 | €728,158 | +€48,863 | +7.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €672,001 | €708,158 | +€36,157 | +5.4% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €647,001 | €683,158 | +€36,157 | +5.6% |
| Profit (loss) carried forward | 14 | -€12,706 | - | +€12,706 | |
| Amounts payable | 17/49 | €1,328,271 | €1,343,577 | +€15,306 | +1.2% |
| Amounts payable after more than one year | 17 | €862,310 | €812,214 | -€50,096 | -5.8% |
| Financial debts | 170/4 | €608,712 | €543,178 | -€65,534 | -10.8% |
| Trade debts | 175 | €253,598 | €269,036 | +€15,438 | +6.1% |
| Amounts payable within one year | 42/48 | €465,961 | €531,363 | +€65,402 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €71,347 | €71,734 | +€387 | +0.5% |
| Trade debts | 44 | €98,134 | €103,426 | +€5,292 | +5.4% |
| Suppliers | 440/4 | €98,134 | €103,426 | +€5,292 | +5.4% |
| Taxes, remuneration and social security | 45 | €62,098 | €58,059 | -€4,039 | -6.5% |
| Taxes | 450/3 | - | €133 | +€133 | |
| Remuneration and social security | 454/9 | €62,098 | €57,926 | -€4,172 | -6.7% |
| Other amounts payable | 47/48 | €234,382 | €298,144 | +€63,762 | +27.2% |
| Remuneration, social security and pensions | 62 | €244,605 | €248,097 | +€3,492 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,699 | €168,196 | +€64,497 | +62.2% |
| Other operating charges | 640/8 | €19,272 | €12,209 | -€7,063 | -36.6% |
| Gross operating margin | 9900 | €372,937 | €503,194 | +€130,257 | +34.9% |
| Operating profit (loss) | 9901 | €5,361 | €74,692 | +€69,331 | +1293.3% |
| Financial income | 75/76B | €376 | €172 | -€204 | -54.3% |
| Recurring financial income | 75 | €376 | €172 | -€204 | -54.3% |
| Financial charges | 65/66B | €17,993 | €25,868 | +€7,876 | +43.8% |
| Recurring financial charges | 65 | €17,993 | €25,868 | +€7,876 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,255 | €48,995 | +€61,251 | |
| Income taxes | 67/77 | €451 | €133 | -€318 | -70.6% |
| Profit (loss) for the period | 9904 | -€12,706 | €48,863 | +€61,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,706 | €48,863 | +€61,569 |
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 5 October 2026 via checked.be.