WILSE & CO: 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.
WILSE & CO
Largest movements
- Tangible fixed assets -€25,697
down €25,697 (-13.3%), from €193,571 to €167,874
of which Land and buildings: -€24,188
- Cash +€12,224
up €12,224 (+13.0%), from €94,167 to €106,392
mainly Net result for the year (+€71,556) and Depreciation (+€30,005)
- Stocks and contracts -€12,029
down €12,029 (-5.6%), from €214,234 to €202,205
- Receivables within one year +€11,563
up €11,563 (+499%), from €2,320 to €13,883
of which Trade receivables: +€11,636
- Profit (loss) carried forward +€71,556
up €71,556 (+109%), from €65,593 to €137,149
- Other debts -€55,861
down €55,861 (-35.1%), from €159,286 to €103,425
- Debts after one year -€20,041
down €20,041 (-11.9%), from €169,017 to €148,976
- Trade debts -€17,249
down €17,249 (-61.6%), from €28,012 to €10,762
- Tax, wage and social debts +€8,153
up €8,153 (+18.5%), from €44,101 to €52,254
of which Taxes: +€17,153
- Gross operating margin +€27,129
up €27,129 (+22.4%), from €121,011 to €148,140
- Taxes +€6,985
up €6,985 (+36.1%), from €19,341 to €26,326
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 | €504,291 | €491,207 | -€13,084 | -2.6% |
| Fixed assets | 21/28 | €193,571 | €167,874 | -€25,697 | -13.3% |
| Tangible fixed assets | 22/27 | €193,571 | €167,874 | -€25,697 | -13.3% |
| Land and buildings | 22 | €180,132 | €155,943 | -€24,188 | -13.4% |
| Plant, machinery and equipment | 23 | €10,544 | €8,650 | -€1,894 | -18.0% |
| Furniture and vehicles | 24 | €2,896 | €3,281 | +€385 | +13.3% |
| Current assets | 29/58 | €310,720 | €323,334 | +€12,613 | +4.1% |
| Stocks and contracts in progress | 3 | €214,234 | €202,205 | -€12,029 | -5.6% |
| Stocks | 30/36 | €214,234 | €202,205 | -€12,029 | -5.6% |
| Amounts receivable within one year | 40/41 | €2,320 | €13,883 | +€11,563 | +499% |
| Trade receivables | 40 | €2,247 | €13,883 | +€11,636 | +518% |
| Other amounts receivable | 41 | €73 | - | -€73 | |
| Cash at bank and in hand | 54/58 | €94,167 | €106,392 | +€12,224 | +13.0% |
| Deferred charges and accrued income | 490/1 | - | €855 | +€855 | |
| Total equity and liabilities | 10/49 | €504,291 | €491,207 | -€13,084 | -2.6% |
| Equity | 10/15 | €84,193 | €155,749 | +€71,556 | +85.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,593 | €137,149 | +€71,556 | +109% |
| Amounts payable | 17/49 | €420,098 | €335,458 | -€84,640 | -20.1% |
| Amounts payable after more than one year | 17 | €169,017 | €148,976 | -€20,041 | -11.9% |
| Financial debts | 170/4 | €169,017 | €148,976 | -€20,041 | -11.9% |
| Amounts payable within one year | 42/48 | €251,082 | €186,483 | -€64,599 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €19,683 | €20,041 | +€357 | +1.8% |
| Trade debts | 44 | €28,012 | €10,762 | -€17,249 | -61.6% |
| Suppliers | 440/4 | €28,012 | €10,762 | -€17,249 | -61.6% |
| Taxes, remuneration and social security | 45 | €44,101 | €52,254 | +€8,153 | +18.5% |
| Taxes | 450/3 | €35,101 | €52,254 | +€17,153 | +48.9% |
| Remuneration and social security | 454/9 | €9,000 | - | -€9,000 | |
| Other amounts payable | 47/48 | €159,286 | €103,425 | -€55,861 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,806 | €30,005 | +€199 | +0.7% |
| Other operating charges | 640/8 | €8,879 | €9,465 | +€587 | +6.6% |
| Gross operating margin | 9900 | €121,011 | €148,140 | +€27,129 | +22.4% |
| Operating profit (loss) | 9901 | €82,327 | €108,670 | +€26,343 | +32.0% |
| Financial income | 75/76B | €2 | €630 | +€628 | +26,826% |
| Recurring financial income | 75 | €2 | €630 | +€628 | +26,826% |
| Financial charges | 65/66B | €12,135 | €11,417 | -€718 | -5.9% |
| Recurring financial charges | 65 | €12,135 | €11,417 | -€718 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €70,194 | €97,882 | +€27,689 | +39.4% |
| Income taxes | 67/77 | €19,341 | €26,326 | +€6,985 | +36.1% |
| Profit (loss) for the period | 9904 | €50,853 | €71,556 | +€20,703 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,853 | €71,556 | +€20,703 | +40.7% |
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 23 October 2026 via checked.be.