WILS & PEETERS: 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.
WILS & PEETERS
Largest movements
- Receivables within one year -€31,095
down €31,095 (-20.8%), from €149,446 to €118,351
of which Other amounts receivable: -€41,414
- Tangible fixed assets -€28,855
down €28,855 (-14.1%), from €204,543 to €175,688
of which Leasing and similar rights: -€17,639
- Reserves -€79,675
down €79,675 (-38.5%), from €206,912 to €127,237
- Other debts +€75,360
new in 2026: €75,360
- Debts after one year -€34,399
down €34,399 (-77.4%), from €44,416 to €10,016
- Trade debts -€15,081
down €15,081 (-30.7%), from €49,080 to €33,999
- Tax, wage and social debts -€8,220
down €8,220 (-15.9%), from €51,607 to €43,387
of which Taxes: -€7,392
- Staff costs -€43,142
down €43,142 (-19.1%), from €226,271 to €183,129
- Depreciation +€10,641
up €10,641 (+27.9%), from €38,172 to €48,813
- Financial income -€8,204
down €8,204 (-89.1%), from €9,208 to €1,004
- Taxes +€7,806
up €7,806 (+50.3%), from €15,504 to €23,311
- Other operating charges -€3,925
down €3,925 (-39.5%), from €9,946 to €6,021
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,159 | €343,399 | -€61,761 | -15.2% |
| Fixed assets | 21/28 | €204,543 | €175,688 | -€28,855 | -14.1% |
| Tangible fixed assets | 22/27 | €204,543 | €175,688 | -€28,855 | -14.1% |
| Land and buildings | 22 | €88,715 | €81,802 | -€6,913 | -7.8% |
| Furniture and vehicles | 24 | €25,514 | €23,799 | -€1,714 | -6.7% |
| Leasing and similar rights | 25 | €70,558 | €52,918 | -€17,639 | -25.0% |
| Other tangible fixed assets | 26 | €19,757 | €17,169 | -€2,588 | -13.1% |
| Current assets | 29/58 | €200,617 | €167,711 | -€32,906 | -16.4% |
| Stocks and contracts in progress | 3 | €27 | €35 | +€7 | +26.4% |
| Stocks | 30/36 | €27 | €35 | +€7 | +26.4% |
| Amounts receivable within one year | 40/41 | €149,446 | €118,351 | -€31,095 | -20.8% |
| Trade receivables | 40 | €108,032 | €118,351 | +€10,318 | +9.6% |
| Other amounts receivable | 41 | €41,414 | - | -€41,414 | |
| Cash at bank and in hand | 54/58 | €45,825 | €47,875 | +€2,050 | +4.5% |
| Deferred charges and accrued income | 490/1 | €5,319 | €1,451 | -€3,868 | -72.7% |
| Total equity and liabilities | 10/49 | €405,159 | €343,399 | -€61,761 | -15.2% |
| Equity | 10/15 | €225,912 | €146,237 | -€79,675 | -35.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €206,912 | €127,237 | -€79,675 | -38.5% |
| Distributable reserves | 133 | €206,912 | €127,237 | -€79,675 | -38.5% |
| Amounts payable | 17/49 | €179,248 | €197,162 | +€17,914 | +10.0% |
| Amounts payable after more than one year | 17 | €44,416 | €10,016 | -€34,399 | -77.4% |
| Financial debts | 170/4 | €44,416 | €10,016 | -€34,399 | -77.4% |
| Amounts payable within one year | 42/48 | €134,832 | €187,146 | +€52,313 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €34,145 | €34,399 | +€254 | +0.7% |
| Trade debts | 44 | €49,080 | €33,999 | -€15,081 | -30.7% |
| Suppliers | 440/4 | €49,080 | €33,999 | -€15,081 | -30.7% |
| Taxes, remuneration and social security | 45 | €51,607 | €43,387 | -€8,220 | -15.9% |
| Taxes | 450/3 | €23,458 | €16,066 | -€7,392 | -31.5% |
| Remuneration and social security | 454/9 | €28,149 | €27,321 | -€828 | -2.9% |
| Other amounts payable | 47/48 | - | €75,360 | +€75,360 | |
| Non-recurring operating income | 76A | - | €33,461 | +€33,461 | |
| Remuneration, social security and pensions | 62 | €226,271 | €183,129 | -€43,142 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,172 | €48,813 | +€10,641 | +27.9% |
| Other operating charges | 640/8 | €9,946 | €6,021 | -€3,925 | -39.5% |
| Gross operating margin | 9900 | €317,369 | €320,919 | +€3,550 | +1.1% |
| Operating profit (loss) | 9901 | €42,980 | €82,955 | +€39,975 | +93.0% |
| Financial income | 75/76B | €9,208 | €1,004 | -€8,204 | -89.1% |
| Recurring financial income | 75 | €9,208 | €1,004 | -€8,204 | -89.1% |
| Financial charges | 65/66B | €3,930 | €3,286 | -€644 | -16.4% |
| Recurring financial charges | 65 | €3,930 | €3,286 | -€644 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €48,258 | €80,673 | +€32,415 | +67.2% |
| Income taxes | 67/77 | €15,504 | €23,311 | +€7,806 | +50.3% |
| Profit (loss) for the period | 9904 | €32,753 | €57,362 | +€24,609 | +75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,753 | €57,362 | +€24,609 | +75.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.