WILMER: 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.
WILMER
Largest movements
- Current investments +€900,000
new in 2025: €900,000
- Cash -€826,177
down €826,177 (-78.3%), from €1.1m to €229,586
mainly Current investments (-€900,000) and Deferred charges and accrued income (-€14,534)
- Deferred charges and accrued income +€14,534
up €14,534 (+7,415%), from €196 to €14,730
- Reserves +€91,000
up €91,000 (+9.6%), from €943,500 to €1.0m
of which Distributable reserves: +€91,000
- Other debts -€13,195
down €13,195 (-43.2%), from €30,560 to €17,365
- Gross operating margin -€7,756
down €7,756 (-5.9%), from €130,899 to €123,142
- Depreciation -€3,039
down €3,039 (-32.1%), from €9,469 to €6,430
- Taxes -€2,072
down €2,072 (-4.5%), from €46,099 to €44,027
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.
Derived cash bridge
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 | €1,062,473 | €1,144,400 | +€81,927 | +7.7% |
| Fixed assets | 21/28 | €6,515 | €85 | -€6,430 | -98.7% |
| Tangible fixed assets | 22/27 | €6,515 | €85 | -€6,430 | -98.7% |
| Furniture and vehicles | 24 | €6,515 | €85 | -€6,430 | -98.7% |
| Current assets | 29/58 | €1,055,959 | €1,144,316 | +€88,357 | +8.4% |
| Current investments | 50/53 | - | €900,000 | +€900,000 | |
| Cash at bank and in hand | 54/58 | €1,055,763 | €229,586 | -€826,177 | -78.3% |
| Deferred charges and accrued income | 490/1 | €196 | €14,730 | +€14,534 | +7,415% |
| Total equity and liabilities | 10/49 | €1,062,473 | €1,144,400 | +€81,927 | +7.7% |
| Equity | 10/15 | €1,017,619 | €1,107,420 | +€89,801 | +8.8% |
| 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 | €943,500 | €1,034,500 | +€91,000 | +9.6% |
| Non-distributable reserves | 130/1 | €33,200 | €33,200 | = | 0.0% |
| Legal reserve | 130 | €33,200 | €33,200 | = | 0.0% |
| Distributable reserves | 133 | €910,300 | €1,001,300 | +€91,000 | +10.0% |
| Profit (loss) carried forward | 14 | €12,119 | €10,920 | -€1,199 | -9.9% |
| Amounts payable | 17/49 | €44,855 | €36,980 | -€7,874 | -17.6% |
| Amounts payable within one year | 42/48 | €40,741 | €32,745 | -€7,995 | -19.6% |
| Trade debts | 44 | €181 | €3,474 | +€3,293 | +1,820% |
| Suppliers | 440/4 | €181 | €3,474 | +€3,293 | +1,820% |
| Taxes, remuneration and social security | 45 | €10,000 | €11,907 | +€1,907 | +19.1% |
| Taxes | 450/3 | €10,000 | €11,907 | +€1,907 | +19.1% |
| Other amounts payable | 47/48 | €30,560 | €17,365 | -€13,195 | -43.2% |
| Accrued charges and deferred income | 492/3 | €4,114 | €4,235 | +€121 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,469 | €6,430 | -€3,039 | -32.1% |
| Other operating charges | 640/8 | €1,716 | €1,573 | -€142 | -8.3% |
| Gross operating margin | 9900 | €130,899 | €123,142 | -€7,756 | -5.9% |
| Operating profit (loss) | 9901 | €119,714 | €115,139 | -€4,575 | -3.8% |
| Financial income | 75/76B | €20,319 | €20,401 | +€82 | +0.4% |
| Recurring financial income | 75 | €20,319 | €20,401 | +€82 | +0.4% |
| Financial charges | 65/66B | €45 | €45 | -€0 | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €139,988 | €135,494 | -€4,494 | -3.2% |
| Income taxes | 67/77 | €46,099 | €44,027 | -€2,072 | -4.5% |
| Profit (loss) for the period | 9904 | €93,889 | €91,467 | -€2,422 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,889 | €91,467 | -€2,422 | -2.6% |
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 18 October 2026 via checked.be.