WILMAT: 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.
WILMAT
Largest movements
- Tangible fixed assets -€10,008
down €10,008 (-31.5%), from €31,732 to €21,724
- Cash +€5,318
up €5,318 (+7.2%), from €74,327 to €79,645
mainly Depreciation (+€11,886) and Net result for the year (+€5,472)
- Receivables within one year -€4,165
down €4,165 (-80.9%), from €5,149 to €983
of which Trade receivables: -€3,597
- Deferred charges and accrued income +€3,353
up €3,353 (+122.0%), from €2,749 to €6,102
- Current portion of long-term debt -€8,796
down €8,796 (-74.7%), from €11,777 to €2,981
- Reserves +€5,000
up €5,000 (+13.5%), from €37,000 to €42,000
- Gross operating margin -€5,524
down €5,524 (-5.8%), from €94,959 to €89,435
- Staff costs +€3,212
up €3,212 (+5.5%), from €58,415 to €61,627
- Taxes -€3,050
down €3,050 (-51.6%), from €5,915 to €2,865
- Financial income -€1,415
down €1,415 (-60.1%), from €2,354 to €939
- Financial charges +€1,206
up €1,206 (+26.2%), from €4,596 to €5,802
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 | €319,915 | €313,892 | -€6,023 | -1.9% |
| Fixed assets | 21/28 | €31,781 | €21,774 | -€10,008 | -31.5% |
| Tangible fixed assets | 22/27 | €31,732 | €21,724 | -€10,008 | -31.5% |
| Other tangible fixed assets | 26 | €31,732 | €21,724 | -€10,008 | -31.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €288,133 | €292,118 | +€3,985 | +1.4% |
| Stocks and contracts in progress | 3 | €205,908 | €205,374 | -€534 | -0.3% |
| Stocks | 30/36 | €205,908 | €205,374 | -€534 | -0.3% |
| Amounts receivable within one year | 40/41 | €5,149 | €983 | -€4,165 | -80.9% |
| Trade receivables | 40 | €4,440 | €843 | -€3,597 | -81.0% |
| Other amounts receivable | 41 | €709 | €140 | -€568 | -80.2% |
| Current investments | 50/53 | €1 | €14 | +€12 | +893.4% |
| Cash at bank and in hand | 54/58 | €74,327 | €79,645 | +€5,318 | +7.2% |
| Deferred charges and accrued income | 490/1 | €2,749 | €6,102 | +€3,353 | +122.0% |
| Total equity and liabilities | 10/49 | €319,915 | €313,892 | -€6,023 | -1.9% |
| Equity | 10/15 | €188,255 | €193,727 | +€5,472 | +2.9% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €37,000 | €42,000 | +€5,000 | +13.5% |
| Distributable reserves | 133 | €37,000 | €42,000 | +€5,000 | +13.5% |
| Profit (loss) carried forward | 14 | €143,818 | €144,290 | +€472 | +0.3% |
| Amounts payable | 17/49 | €131,660 | €120,165 | -€11,495 | -8.7% |
| Amounts payable after more than one year | 17 | €2,981 | - | -€2,981 | |
| Financial debts | 170/4 | €2,981 | - | -€2,981 | |
| Amounts payable within one year | 42/48 | €128,679 | €117,415 | -€11,264 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €11,777 | €2,981 | -€8,796 | -74.7% |
| Trade debts | 44 | €85,594 | €85,231 | -€363 | -0.4% |
| Suppliers | 440/4 | €85,594 | €85,231 | -€363 | -0.4% |
| Taxes, remuneration and social security | 45 | €30,040 | €28,136 | -€1,904 | -6.3% |
| Taxes | 450/3 | €25,151 | €22,978 | -€2,173 | -8.6% |
| Remuneration and social security | 454/9 | €4,889 | €5,158 | +€269 | +5.5% |
| Other amounts payable | 47/48 | €1,268 | €1,067 | -€201 | -15.9% |
| Accrued charges and deferred income | 492/3 | - | €2,750 | +€2,750 | |
| Remuneration, social security and pensions | 62 | €58,415 | €61,627 | +€3,212 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,830 | €11,886 | +€1,057 | +9.8% |
| Other operating charges | 640/8 | €3,636 | €2,722 | -€914 | -25.1% |
| Gross operating margin | 9900 | €94,959 | €89,435 | -€5,524 | -5.8% |
| Operating profit (loss) | 9901 | €22,078 | €13,200 | -€8,878 | -40.2% |
| Financial income | 75/76B | €2,354 | €939 | -€1,415 | -60.1% |
| Recurring financial income | 75 | €2,354 | €939 | -€1,415 | -60.1% |
| Financial charges | 65/66B | €4,596 | €5,802 | +€1,206 | +26.2% |
| Recurring financial charges | 65 | €4,596 | €5,802 | +€1,206 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €19,836 | €8,337 | -€11,499 | -58.0% |
| Income taxes | 67/77 | €5,915 | €2,865 | -€3,050 | -51.6% |
| Profit (loss) for the period | 9904 | €13,921 | €5,472 | -€8,449 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,921 | €5,472 | -€8,449 | -60.7% |
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 5 October 2026 via checked.be.