WILO PROJECTS: 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.
WILO PROJECTS
Largest movements
- Current investments +€20,485
up €20,485 (+41.0%), from €50,020 to €70,505
- Receivables within one year +€13,734
up €13,734 (+83.1%), from €16,523 to €30,257
- Cash -€9,047
down €9,047 (-94.4%), from €9,586 to €539
mainly Current investments (-€20,485) and Receivables within one year (-€13,734)
- Tangible fixed assets -€7,017
down €7,017 (-18.8%), from €37,392 to €30,375
- Reserves +€24,545
up €24,545 (+38.4%), from €63,972 to €88,517
of which Distributable reserves: +€24,545
- Debts after one year -€8,190
down €8,190 (-31.1%), from €26,356 to €18,166
- Tax, wage and social debts +€6,830
up €6,830 (+84.9%), from €8,042 to €14,872
of which Taxes: +€6,830
- Trade debts -€2,690
down €2,690 (-36.1%), from €7,461 to €4,771
- Other debts -€2,401
down €2,401 (-42.2%), from €5,687 to €3,286
- Gross operating margin +€28,444
up €28,444 (+83.4%), from €34,094 to €62,538
- Taxes +€10,278
up €10,278 (+239.2%), from €4,298 to €14,576
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 | €125,583 | €144,002 | +€18,418 | +14.7% |
| Fixed assets | 21/28 | €46,892 | €39,875 | -€7,017 | -15.0% |
| Tangible fixed assets | 22/27 | €37,392 | €30,375 | -€7,017 | -18.8% |
| Furniture and vehicles | 24 | €37,392 | €30,375 | -€7,017 | -18.8% |
| Financial fixed assets | 28 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €78,691 | €104,126 | +€25,435 | +32.3% |
| Amounts receivable within one year | 40/41 | €16,523 | €30,257 | +€13,734 | +83.1% |
| Trade receivables | 40 | €16,523 | €30,257 | +€13,734 | +83.1% |
| Current investments | 50/53 | €50,020 | €70,505 | +€20,485 | +41.0% |
| Cash at bank and in hand | 54/58 | €9,586 | €539 | -€9,047 | -94.4% |
| Deferred charges and accrued income | 490/1 | €2,562 | €2,826 | +€263 | +10.3% |
| Total equity and liabilities | 10/49 | €125,583 | €144,002 | +€18,418 | +14.7% |
| Equity | 10/15 | €70,172 | €94,717 | +€24,545 | +35.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,972 | €88,517 | +€24,545 | +38.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,768 | €4,768 | = | 0.0% |
| Distributable reserves | 133 | €57,344 | €81,889 | +€24,545 | +42.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,412 | €49,285 | -€6,127 | -11.1% |
| Amounts payable after more than one year | 17 | €26,356 | €18,166 | -€8,190 | -31.1% |
| Financial debts | 170/4 | €26,356 | €18,166 | -€8,190 | -31.1% |
| Amounts payable within one year | 42/48 | €29,055 | €31,119 | +€2,063 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €7,865 | €8,190 | +€325 | +4.1% |
| Trade debts | 44 | €7,461 | €4,771 | -€2,690 | -36.1% |
| Suppliers | 440/4 | €7,461 | €4,771 | -€2,690 | -36.1% |
| Taxes, remuneration and social security | 45 | €8,042 | €14,872 | +€6,830 | +84.9% |
| Taxes | 450/3 | €8,042 | €14,872 | +€6,830 | +84.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,687 | €3,286 | -€2,401 | -42.2% |
| Non-recurring operating income | 76A | €2,846 | €0 | -€2,846 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,715 | €9,330 | +€615 | +7.1% |
| Other operating charges | 640/8 | €433 | €513 | +€79 | +18.3% |
| Gross operating margin | 9900 | €34,094 | €62,538 | +€28,444 | +83.4% |
| Operating profit (loss) | 9901 | €24,945 | €52,695 | +€27,750 | +111.2% |
| Financial income | 75/76B | €172 | €469 | +€297 | +172.8% |
| Recurring financial income | 75 | €172 | €469 | +€297 | +172.8% |
| Financial charges | 65/66B | €1,438 | €1,171 | -€267 | -18.6% |
| Recurring financial charges | 65 | €1,438 | €1,171 | -€267 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €23,679 | €51,994 | +€28,315 | +119.6% |
| Income taxes | 67/77 | €4,298 | €14,576 | +€10,278 | +239.2% |
| Profit (loss) for the period | 9904 | €19,382 | €37,418 | +€18,037 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,382 | €37,418 | +€18,037 | +93.1% |
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 11 October 2026 via checked.be.