WILMOT: 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.
WILMOT
Largest movements
- Receivables within one year -€380,235
down €380,235 (-49.8%), from €763,504 to €383,269
of which Trade receivables: -€310,684
- Stocks and contracts -€204,621
down €204,621 (-21.1%), from €968,612 to €763,991
- Tangible fixed assets +€118,369
up €118,369 (+753.4%), from €15,710 to €134,079
of which Land and buildings: +€98,614
- Current investments -€32,083
down €32,083 (-30.6%), from €104,878 to €72,794
- Short-term financial debts -€398,177
down €398,177 (-64.3%), from €619,000 to €220,823
- Other debts -€177,044
down €177,044 (-54.1%), from €327,044 to €150,000
- Debts after one year +€80,957
up €80,957 (+61.6%), from €131,347 to €212,303
- Trade debts -€78,834
down €78,834 (-76.4%), from €103,216 to €24,383
- Reserves +€62,762
up €62,762 (+10.2%), from €617,578 to €680,341
of which Distributable reserves: +€63,316
- Taxes +€17,773
up €17,773 (+56.6%), from €31,425 to €49,198
- Financial charges -€16,596
down €16,596 (-48.8%), from €34,037 to €17,441
- Gross operating margin +€7,857
up €7,857 (+6.1%), from €129,017 to €136,874
- Depreciation +€4,192
up €4,192 (+62.0%), from €6,757 to €10,949
- Financial income +€2,569
up €2,569 (+95.0%), from €2,705 to €5,274
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 | €1,858,695 | €1,367,764 | -€490,931 | -26.4% |
| Fixed assets | 21/28 | €20,610 | €138,979 | +€118,369 | +574.3% |
| Tangible fixed assets | 22/27 | €15,710 | €134,079 | +€118,369 | +753.4% |
| Land and buildings | 22 | - | €98,614 | +€98,614 | |
| Plant, machinery and equipment | 23 | - | €2,364 | +€2,364 | |
| Furniture and vehicles | 24 | €15,710 | €33,101 | +€17,391 | +110.7% |
| Financial fixed assets | 28 | €4,900 | €4,900 | = | 0.0% |
| Current assets | 29/58 | €1,838,085 | €1,228,785 | -€609,300 | -33.1% |
| Stocks and contracts in progress | 3 | €968,612 | €763,991 | -€204,621 | -21.1% |
| Stocks | 30/36 | €968,612 | €763,991 | -€204,621 | -21.1% |
| Amounts receivable within one year | 40/41 | €763,504 | €383,269 | -€380,235 | -49.8% |
| Trade receivables | 40 | €604,900 | €294,216 | -€310,684 | -51.4% |
| Other amounts receivable | 41 | €158,604 | €89,053 | -€69,551 | -43.9% |
| Current investments | 50/53 | €104,878 | €72,794 | -€32,083 | -30.6% |
| Cash at bank and in hand | 54/58 | €810 | €5,162 | +€4,351 | +536.9% |
| Deferred charges and accrued income | 490/1 | €281 | €3,569 | +€3,288 | +1171.6% |
| Total equity and liabilities | 10/49 | €1,858,695 | €1,367,764 | -€490,931 | -26.4% |
| Equity | 10/15 | €636,178 | €698,941 | +€62,762 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €617,578 | €680,341 | +€62,762 | +10.2% |
| Tax-exempt reserves | 132 | €11,075 | €10,521 | -€554 | -5.0% |
| Distributable reserves | 133 | €606,504 | €669,820 | +€63,316 | +10.4% |
| Provisions and deferred taxes | 16 | €5,703 | €5,417 | -€285 | -5.0% |
| Deferred taxes | 168 | €5,703 | €5,417 | -€285 | -5.0% |
| Amounts payable | 17/49 | €1,216,814 | €663,406 | -€553,409 | -45.5% |
| Amounts payable after more than one year | 17 | €131,347 | €212,303 | +€80,957 | +61.6% |
| Financial debts | 170/4 | €131,347 | €212,303 | +€80,957 | +61.6% |
| Amounts payable within one year | 42/48 | €1,083,039 | €443,049 | -€639,990 | -59.1% |
| Current portion of amounts payable after more than one year | 42 | €11,215 | €27,295 | +€16,079 | +143.4% |
| Financial debts | 43 | €619,000 | €220,823 | -€398,177 | -64.3% |
| Credit institutions | 430/8 | €619,000 | €220,823 | -€398,177 | -64.3% |
| Trade debts | 44 | €103,216 | €24,383 | -€78,834 | -76.4% |
| Suppliers | 440/4 | €103,216 | €24,383 | -€78,834 | -76.4% |
| Taxes, remuneration and social security | 45 | €22,564 | €20,549 | -€2,015 | -8.9% |
| Taxes | 450/3 | €22,564 | €20,549 | -€2,015 | -8.9% |
| Other amounts payable | 47/48 | €327,044 | €150,000 | -€177,044 | -54.1% |
| Accrued charges and deferred income | 492/3 | €2,428 | €8,053 | +€5,625 | +231.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,757 | €10,949 | +€4,192 | +62.0% |
| Other operating charges | 640/8 | €3,723 | €2,083 | -€1,640 | -44.1% |
| Gross operating margin | 9900 | €129,017 | €136,874 | +€7,857 | +6.1% |
| Operating profit (loss) | 9901 | €118,537 | €123,842 | +€5,306 | +4.5% |
| Financial income | 75/76B | €2,705 | €5,274 | +€2,569 | +95.0% |
| Recurring financial income | 75 | €2,705 | €5,274 | +€2,569 | +95.0% |
| Financial charges | 65/66B | €34,037 | €17,441 | -€16,596 | -48.8% |
| Recurring financial charges | 65 | €34,037 | €17,441 | -€16,596 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €87,204 | €111,675 | +€24,471 | +28.1% |
| Transfer from deferred taxes | 780 | €285 | €285 | = | 0.0% |
| Income taxes | 67/77 | €31,425 | €49,198 | +€17,773 | +56.6% |
| Profit (loss) for the period | 9904 | €56,064 | €62,762 | +€6,698 | +11.9% |
| Transfer from tax-exempt reserves | 789 | €554 | €554 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,617 | €63,316 | +€6,698 | +11.8% |
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 10 October 2026 via checked.be.