Wilmink: 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.
Wilmink
Largest movements
- Cash -€10,896
down €10,896 (-10.7%), from €101,492 to €90,596
mainly Trade debts (-€26,283) and Tax, wage and social debts (-€9,637)
- Receivables within one year -€7,343
down €7,343 (-2.0%), from €368,427 to €361,083
of which Trade receivables: -€91,732
- Tangible fixed assets -€5,253
down €5,253 (-50.0%), from €10,504 to €5,251
- Trade debts -€26,283
down €26,283 (-51.8%), from €50,749 to €24,466
- Tax, wage and social debts -€9,637
down €9,637 (-15.0%), from €64,076 to €54,439
of which Taxes: -€8,678
- Reserves +€7,288
up €7,288 (+2.0%), from €358,296 to €365,585
of which Distributable reserves: +€7,288
- Advances received +€6,000
new in 2025: €6,000
- Gross operating margin -€73,334
down €73,334 (-21.5%), from €341,056 to €267,722
- Taxes -€21,157
down €21,157 (-79.1%), from €26,762 to €5,604
- Staff costs +€7,651
up €7,651 (+3.2%), from €239,114 to €246,765
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 | €483,037 | €460,406 | -€22,631 | -4.7% |
| Fixed assets | 21/28 | €10,504 | €5,251 | -€5,253 | -50.0% |
| Tangible fixed assets | 22/27 | €10,504 | €5,251 | -€5,253 | -50.0% |
| Furniture and vehicles | 24 | €10,504 | €5,251 | -€5,253 | -50.0% |
| Current assets | 29/58 | €472,533 | €455,155 | -€17,378 | -3.7% |
| Stocks and contracts in progress | 3 | €2,614 | €3,475 | +€861 | +32.9% |
| Stocks | 30/36 | €2,614 | €3,475 | +€861 | +32.9% |
| Amounts receivable within one year | 40/41 | €368,427 | €361,083 | -€7,343 | -2.0% |
| Trade receivables | 40 | €275,785 | €184,053 | -€91,732 | -33.3% |
| Other amounts receivable | 41 | €92,642 | €177,031 | +€84,389 | +91.1% |
| Cash at bank and in hand | 54/58 | €101,492 | €90,596 | -€10,896 | -10.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €483,037 | €460,406 | -€22,631 | -4.7% |
| Equity | 10/15 | €368,212 | €375,500 | +€7,288 | +2.0% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €358,296 | €365,585 | +€7,288 | +2.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €353,338 | €360,627 | +€7,288 | +2.1% |
| Amounts payable | 17/49 | €114,825 | €84,906 | -€29,919 | -26.1% |
| Amounts payable within one year | 42/48 | €114,825 | €84,906 | -€29,919 | -26.1% |
| Trade debts | 44 | €50,749 | €24,466 | -€26,283 | -51.8% |
| Suppliers | 440/4 | €50,749 | €24,466 | -€26,283 | -51.8% |
| Advances received on contracts in progress | 46 | - | €6,000 | +€6,000 | |
| Taxes, remuneration and social security | 45 | €64,076 | €54,439 | -€9,637 | -15.0% |
| Taxes | 450/3 | €35,440 | €26,762 | -€8,678 | -24.5% |
| Remuneration and social security | 454/9 | €28,636 | €27,678 | -€958 | -3.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €239,114 | €246,765 | +€7,651 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,253 | €5,253 | = | 0.0% |
| Other operating charges | 640/8 | €612 | €469 | -€144 | -23.5% |
| Non-recurring operating charges | 66A | €4,552 | €0 | -€4,552 | -100% |
| Gross operating margin | 9900 | €341,056 | €267,722 | -€73,334 | -21.5% |
| Operating profit (loss) | 9901 | €91,525 | €15,235 | -€76,290 | -83.4% |
| Financial charges | 65/66B | €2,574 | €2,343 | -€231 | -9.0% |
| Recurring financial charges | 65 | €2,574 | €2,343 | -€231 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €88,951 | €12,893 | -€76,059 | -85.5% |
| Income taxes | 67/77 | €26,762 | €5,604 | -€21,157 | -79.1% |
| Profit (loss) for the period | 9904 | €62,190 | €7,288 | -€54,901 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,190 | €7,288 | -€54,901 | -88.3% |
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 26 October 2026 via checked.be.