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
- Current investments -€67,464
down €67,464 (-5.4%), from €1.3m to €1.2m
- Cash -€20,676
down €20,676 (-31.0%), from €66,636 to €45,960
mainly Contributions, distributions and other (-€121,715) and Other debts (-€109,497)
- Other debts -€109,497
down €109,497 (-47.4%), from €231,212 to €121,715
- Reserves +€18,755
up €18,755 (+1.5%), from €1.3m to €1.3m
of which Distributable reserves: +€18,755
- Financial income +€51,487
up €51,487 (+1493.9%), from €3,446 to €54,933
- Financial charges +€33,890
up €33,890 (+1287.6%), from €2,632 to €36,521
- Taxes +€15,129
up €15,129 (+24.6%), from €61,590 to €76,719
- Gross operating margin +€7,613
up €7,613 (+3.8%), from €201,912 to €209,525
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 | €1,617,684 | €1,532,501 | -€85,183 | -5.3% |
| Fixed assets | 21/28 | €287,352 | €289,745 | +€2,393 | +0.8% |
| Tangible fixed assets | 22/27 | €286,836 | €289,229 | +€2,393 | +0.8% |
| Land and buildings | 22 | €286,514 | €286,449 | -€66 | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €321 | €2,780 | +€2,459 | +765.1% |
| Financial fixed assets | 28 | €516 | €516 | = | 0.0% |
| Current assets | 29/58 | €1,330,332 | €1,242,756 | -€87,576 | -6.6% |
| Amounts receivable after more than one year | 29 | €1,447 | €2,085 | +€638 | +44.1% |
| Other amounts receivable | 291 | €1,447 | €2,085 | +€638 | +44.1% |
| Amounts receivable within one year | 40/41 | €2,276 | €0 | -€2,276 | -100.0% |
| Trade receivables | 40 | €2,276 | €0 | -€2,276 | -100.0% |
| Current investments | 50/53 | €1,259,957 | €1,192,493 | -€67,464 | -5.4% |
| Cash at bank and in hand | 54/58 | €66,636 | €45,960 | -€20,676 | -31.0% |
| Deferred charges and accrued income | 490/1 | €18 | €2,219 | +€2,201 | +12426.9% |
| Total equity and liabilities | 10/49 | €1,617,684 | €1,532,501 | -€85,183 | -5.3% |
| Equity | 10/15 | €1,351,163 | €1,369,919 | +€18,755 | +1.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,289,663 | €1,308,419 | +€18,755 | +1.5% |
| Non-distributable reserves | 130/1 | €89,242 | €89,242 | = | 0.0% |
| Legal reserve | 130 | €89,242 | €89,242 | = | 0.0% |
| Distributable reserves | 133 | €1,200,422 | €1,219,177 | +€18,755 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €266,521 | €162,582 | -€103,938 | -39.0% |
| Amounts payable within one year | 42/48 | €249,296 | €144,918 | -€104,377 | -41.9% |
| Trade debts | 44 | €841 | €827 | -€14 | -1.7% |
| Suppliers | 440/4 | €841 | €827 | -€14 | -1.7% |
| Taxes, remuneration and social security | 45 | €17,242 | €22,376 | +€5,134 | +29.8% |
| Taxes | 450/3 | €17,242 | €22,376 | +€5,134 | +29.8% |
| Other amounts payable | 47/48 | €231,212 | €121,715 | -€109,497 | -47.4% |
| Accrued charges and deferred income | 492/3 | €17,225 | €17,664 | +€439 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €872 | +€246 | +39.4% |
| Other operating charges | 640/8 | €9,577 | €9,876 | +€299 | +3.1% |
| Gross operating margin | 9900 | €201,912 | €209,525 | +€7,613 | +3.8% |
| Operating profit (loss) | 9901 | €191,710 | €198,778 | +€7,068 | +3.7% |
| Financial income | 75/76B | €3,446 | €54,933 | +€51,487 | +1493.9% |
| Recurring financial income | 75 | €3,446 | €54,933 | +€51,487 | +1493.9% |
| Financial charges | 65/66B | €2,632 | €36,521 | +€33,890 | +1287.6% |
| Recurring financial charges | 65 | €2,632 | €36,521 | +€33,890 | +1287.6% |
| Profit (loss) for the period before taxes | 9903 | €192,524 | €217,190 | +€24,665 | +12.8% |
| Income taxes | 67/77 | €61,590 | €76,719 | +€15,129 | +24.6% |
| Profit (loss) for the period | 9904 | €130,934 | €140,471 | +€9,536 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,934 | €140,471 | +€9,536 | +7.3% |
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.