Wilms: 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.
What changed
Wilms
NACE 46.831, Wholesale of construction materials, general range
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€469,296
31-12-2024 · €1.7m-€1.2m
Equity
€31.7m
31-12-2024 · €31.3m+€402,398
Cash
€1.8m
31-12-2024 · €2.9m-€1.1m
Balance sheet total
€34.5m
31-12-2024 · €34.7m-€185,914
Largest movements
Assets
- Tangible fixed assets +€1.9m
up €1.9m (+11.1%), from €16.7m to €18.6m
of which Land and buildings: +€3.6m
- Cash -€1.1m
down €1.1m (-36.3%), from €2.9m to €1.8m
mainly Investment in fixed assets (net) (-€4.7m) and Trade debts (-€647,842)
- Current investments -€911,233
down €911,233 (-19.2%), from €4.7m to €3.8m
- Stocks and contracts -€502,498
down €502,498 (-7.2%), from €7.0m to €6.5m
of which Contracts in progress: -€480,342
- Intangible fixed assets +€400,395
up €400,395 (+29.0%), from €1.4m to €1.8m
Equity and liabilities
- Other debts +€750,000
new in 2025: €750,000
- Trade debts -€647,842
down €647,842 (-50.9%), from €1.3m to €624,373
- Reserves +€469,296
up €469,296 (+1.5%), from €30.4m to €30.9m
of which Distributable reserves: +€923,767
- Provisions -€377,068
no longer reported in 2025 (was €377,068)
of which Provisions for liabilities and charges: -€214,060
Income statement
- Turnover -€656,285
down €656,285 (-2.2%), from €29.5m to €28.9m
- Services and other goods +€444,402
up €444,402 (+5.1%), from €8.7m to €9.1m
- Other operating income -€380,953
down €380,953 (-36.7%), from €1.0m to €657,176
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€1.7m
Turnover
-€656,285
Other operating income
-€380,953
Goods and materials
-€253,732
Services and other goods
-€444,402
Staff costs
+€84,849
Depreciation
-€205,181
Write-downs
-€10,158
Other operating charges
-€8,650
Other operating items
+€19,753
Financial income
+€274,952
Financial charges
-€594
Taxes
+€206,645
Deferred taxes and other
+€156,154
Result 31-12-2025
€469,296
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.8m
Investment
-€3.8m
Financing
-€66,898
Cash 31-12-2024
€2.9m
From operations (derived)
+€2.8m
Net result for the year
+€469,296
Depreciation
+€2.4m
Stocks and contracts
+€502,498
Receivables within one year
+€23,998
Deferred charges and accrued income
-€41,077
Provisions
-€377,068
Trade debts
-€647,842
Tax, wage and social debts
-€323,679
Smaller working-capital items
+€10,276
Other debts
+€750,000
Investment (derived)
-€3.8m
Investment in fixed assets (net)
-€4.7m
Current investments
+€911,233
Financing
-€66,898
Contributions, distributions and other
-€66,898
Cash 31-12-2025
€1.8m
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,727,621 | €34,541,707 | -€185,914 | -0.5% |
| Fixed assets | 21/28 | €18,080,044 | €20,340,846 | +€2.3m | +12.5% |
| Intangible fixed assets | 21 | €1,378,725 | €1,779,120 | +€400,395 | +29.0% |
| Tangible fixed assets | 22/27 | €16,701,319 | €18,561,726 | +€1.9m | +11.1% |
| Land and buildings | 22 | €12,003,560 | €15,644,369 | +€3.6m | +30.3% |
| Plant, machinery and equipment | 23 | €3,294,982 | €2,177,483 | -€1.1m | -33.9% |
| Furniture and vehicles | 24 | €618,847 | €664,472 | +€45,626 | +7.4% |
| Other tangible fixed assets | 26 | €75,402 | €75,402 | = | 0.0% |
| Assets under construction and advance payments | 27 | €708,528 | - | -€708,528 | |
| Current assets | 29/58 | €16,647,577 | €14,200,861 | -€2.4m | -14.7% |
| Stocks and contracts in progress | 3 | €7,004,997 | €6,502,500 | -€502,498 | -7.2% |
| Stocks | 30/36 | €6,524,655 | €6,502,500 | -€22,155 | -0.3% |
| Raw materials and consumables | 30/31 | €6,524,655 | €6,029,278 | -€495,377 | -7.6% |
| Work in progress | 32 | - | €473,222 | +€473,222 | |
| Contracts in progress | 37 | €480,342 | - | -€480,342 | |
| Amounts receivable within one year | 40/41 | €1,949,769 | €1,925,771 | -€23,998 | -1.2% |
| Trade receivables | 40 | €1,823,514 | €1,649,169 | -€174,345 | -9.6% |
| Other amounts receivable | 41 | €126,255 | €276,602 | +€150,346 | +119.1% |
| Current investments | 50/53 | €4,742,411 | €3,831,178 | -€911,233 | -19.2% |
| Other investments | 51/53 | €4,742,411 | €3,831,178 | -€911,233 | -19.2% |
| Cash at bank and in hand | 54/58 | €2,894,776 | €1,844,712 | -€1.1m | -36.3% |
| Deferred charges and accrued income | 490/1 | €55,623 | €96,700 | +€41,077 | +73.8% |
| Total equity and liabilities | 10/49 | €34,727,621 | €34,541,707 | -€185,914 | -0.5% |
| Equity | 10/15 | €31,260,777 | €31,663,175 | +€402,398 | +1.3% |
| Contributions | 10/11 | €394,700 | €394,700 | = | 0.0% |
| Capital | 10 | €394,700 | €394,700 | = | 0.0% |
| Issued capital | 100 | €394,700 | €394,700 | = | 0.0% |
| Reserves | 13 | €30,435,498 | €30,904,794 | +€469,296 | +1.5% |
| Non-distributable reserves | 130/1 | €43,500 | €43,500 | = | 0.0% |
| Legal reserve | 130 | €43,500 | €43,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €454,471 | - | -€454,471 | |
| Distributable reserves | 133 | €29,937,528 | €30,861,294 | +€923,767 | +3.1% |
| Investment grants | 15 | €430,579 | €363,681 | -€66,898 | -15.5% |
| Provisions and deferred taxes | 16 | €377,068 | - | -€377,068 | |
| Provisions for liabilities and charges | 160/5 | €214,060 | - | -€214,060 | |
| Other liabilities and charges | 164/5 | €214,060 | - | -€214,060 | |
| Deferred taxes | 168 | €163,007 | - | -€163,007 | |
| Amounts payable | 17/49 | €3,089,776 | €2,878,532 | -€211,245 | -6.8% |
| Amounts payable within one year | 42/48 | €3,089,776 | €2,878,382 | -€211,395 | -6.8% |
| Trade debts | 44 | €1,272,215 | €624,373 | -€647,842 | -50.9% |
| Suppliers | 440/4 | €1,272,215 | €624,373 | -€647,842 | -50.9% |
| Advances received on contracts in progress | 46 | €13,627 | €23,753 | +€10,126 | +74.3% |
| Taxes, remuneration and social security | 45 | €1,803,934 | €1,480,256 | -€323,679 | -17.9% |
| Taxes | 450/3 | €479,239 | €366,137 | -€113,102 | -23.6% |
| Remuneration and social security | 454/9 | €1,324,696 | €1,114,119 | -€210,577 | -15.9% |
| Other amounts payable | 47/48 | - | €750,000 | +€750,000 | |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Operating income | 70/76A | €31,839,899 | €30,822,413 | -€1.0m | -3.2% |
| Turnover | 70 | €29,524,341 | €28,868,056 | -€656,285 | -2.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €109,733 | -€7,121 | -€116,854 | |
| Own construction capitalised | 72 | €1,103,918 | €722,874 | -€381,044 | -34.5% |
| Other operating income | 74 | €1,038,129 | €657,176 | -€380,953 | -36.7% |
| Non-recurring operating income | 76A | €63,778 | €581,428 | +€517,650 | +811.6% |
| Operating charges | 60/66A | €29,846,982 | €30,684,256 | +€837,274 | +2.8% |
| Goods for resale, raw materials and consumables | 60 | €9,378,602 | €9,632,334 | +€253,732 | +2.7% |
| Purchases | 600/8 | €10,601,851 | €9,136,957 | -€1.5m | -13.8% |
| Change in stocks: decrease (increase) | 609 | -€1,223,249 | €495,377 | +€1.7m | |
| Services and other goods | 61 | €8,673,151 | €9,117,554 | +€444,402 | +5.1% |
| Remuneration, social security and pensions | 62 | €9,403,569 | €9,318,720 | -€84,849 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,222,422 | €2,427,603 | +€205,181 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,158 | - | +€10,158 | |
| Other operating charges | 640/8 | €179,396 | €188,045 | +€8,650 | +4.8% |
| Operating profit (loss) | 9901 | €1,992,917 | €138,157 | -€1.9m | -93.1% |
| Financial income | 75/76B | €234,499 | €509,451 | +€274,952 | +117.3% |
| Recurring financial income | 75 | €234,499 | €509,451 | +€274,952 | +117.3% |
| Income from current assets | 751 | €5,134 | €291,852 | +€286,718 | +5584.7% |
| Other financial income | 752/9 | €229,365 | €217,599 | -€11,767 | -5.1% |
| Financial charges | 65/66B | €141,392 | €141,986 | +€594 | +0.4% |
| Recurring financial charges | 65 | €141,392 | €141,986 | +€594 | +0.4% |
| Debt charges | 650 | - | €2,219 | +€2,219 | |
| Other financial charges | 652/9 | €141,392 | €139,767 | -€1,626 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €2,086,024 | €505,622 | -€1.6m | -75.8% |
| Transfer from deferred taxes | 780 | €6,853 | €163,007 | +€156,154 | +2278.6% |
| Income taxes | 67/77 | €405,979 | €199,333 | -€206,645 | -50.9% |
| Taxes | 670/3 | €407,305 | €199,333 | -€207,972 | -51.1% |
| Tax adjustments and reversals of tax provisions | 77 | €1,327 | - | -€1,327 | |
| Profit (loss) for the period | 9904 | €1,686,898 | €469,296 | -€1.2m | -72.2% |
| Transfer from tax-exempt reserves | 789 | €20,559 | €454,471 | +€433,912 | +2110.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,707,458 | €923,767 | -€783,691 | -45.9% |
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 7 October 2026 via checked.be.