WILTRANS: 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.
WILTRANS
Largest movements
- Tangible fixed assets -€34,493
down €34,493 (-5.9%), from €584,690 to €550,197
of which Leasing and similar rights: -€58,465
- Receivables within one year +€32,364
up €32,364 (+95.8%), from €33,797 to €66,161
of which Other amounts receivable: +€21,431
- Cash +€30,263
up €30,263 (+243.9%), from €12,408 to €42,671
mainly Depreciation (+€44,800) and Trade debts (+€40,244)
- Reserves -€48,000
down €48,000 (-20.7%), from €232,232 to €184,232
of which Tax-exempt reserves: -€48,000
- Trade debts +€40,244
up €40,244 (+217.5%), from €18,504 to €58,748
- Other debts +€20,767
up €20,767 (+2761.7%), from €752 to €21,519
- Current portion of long-term debt +€12,583
up €12,583 (+24.6%), from €51,231 to €63,814
- Profit (loss) carried forward +€12,436
up €12,436 (+9.4%), from €132,678 to €145,114
- Gross operating margin -€107,723
down €107,723 (-59.8%), from €180,274 to €72,551
- Depreciation -€35,576
down €35,576 (-44.3%), from €80,375 to €44,800
- Financial charges +€4,956
up €4,956 (+37.3%), from €13,273 to €18,230
of which Financial charges: +€5,306
- Other operating charges -€1,805
down €1,805 (-39.1%), from €4,618 to €2,813
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 | €641,098 | €664,951 | +€23,852 | +3.7% |
| Fixed assets | 21/28 | €585,726 | €550,332 | -€35,394 | -6.0% |
| Tangible fixed assets | 22/27 | €584,690 | €550,197 | -€34,493 | -5.9% |
| Land and buildings | 22 | €203,496 | €194,256 | -€9,240 | -4.5% |
| Plant, machinery and equipment | 23 | €3,668 | €83,109 | +€79,441 | +2165.5% |
| Furniture and vehicles | 24 | €154,466 | €108,238 | -€46,228 | -29.9% |
| Leasing and similar rights | 25 | €223,059 | €164,594 | -€58,465 | -26.2% |
| Financial fixed assets | 28 | €1,036 | €135 | -€901 | -87.0% |
| Current assets | 29/58 | €55,372 | €114,618 | +€59,246 | +107.0% |
| Stocks and contracts in progress | 3 | €3,147 | €1,259 | -€1,888 | -60.0% |
| Stocks | 30/36 | €3,147 | €1,259 | -€1,888 | -60.0% |
| Amounts receivable within one year | 40/41 | €33,797 | €66,161 | +€32,364 | +95.8% |
| Trade receivables | 40 | €33,797 | €44,730 | +€10,933 | +32.4% |
| Other amounts receivable | 41 | - | €21,431 | +€21,431 | |
| Cash at bank and in hand | 54/58 | €12,408 | €42,671 | +€30,263 | +243.9% |
| Deferred charges and accrued income | 490/1 | €6,022 | €4,528 | -€1,493 | -24.8% |
| Total equity and liabilities | 10/49 | €641,098 | €664,951 | +€23,852 | +3.7% |
| Equity | 10/15 | €383,503 | €347,939 | -€35,564 | -9.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €232,232 | €184,232 | -€48,000 | -20.7% |
| Tax-exempt reserves | 132 | €230,373 | €182,373 | -€48,000 | -20.8% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,678 | €145,114 | +€12,436 | +9.4% |
| Amounts payable | 17/49 | €257,596 | €317,012 | +€59,416 | +23.1% |
| Amounts payable after more than one year | 17 | €177,398 | €167,566 | -€9,831 | -5.5% |
| Financial debts | 170/4 | €177,398 | €167,566 | -€9,831 | -5.5% |
| Amounts payable within one year | 42/48 | €80,198 | €149,396 | +€69,197 | +86.3% |
| Current portion of amounts payable after more than one year | 42 | €51,231 | €63,814 | +€12,583 | +24.6% |
| Trade debts | 44 | €18,504 | €58,748 | +€40,244 | +217.5% |
| Suppliers | 440/4 | €18,504 | €58,748 | +€40,244 | +217.5% |
| Taxes, remuneration and social security | 45 | €9,712 | €5,315 | -€4,397 | -45.3% |
| Taxes | 450/3 | €9,712 | €5,315 | -€4,397 | -45.3% |
| Other amounts payable | 47/48 | €752 | €21,519 | +€20,767 | +2761.7% |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Non-recurring operating income | 76A | €153,392 | €2,388 | -€151,004 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,375 | €44,800 | -€35,576 | -44.3% |
| Other operating charges | 640/8 | €4,618 | €2,813 | -€1,805 | -39.1% |
| Non-recurring operating charges | 66A | - | €41,967 | +€41,967 | |
| Gross operating margin | 9900 | €180,274 | €72,551 | -€107,723 | -59.8% |
| Operating profit (loss) | 9901 | €95,280 | -€17,029 | -€112,309 | |
| Financial income | 75/76B | €100 | €3 | -€97 | -96.8% |
| Recurring financial income | 75 | €100 | €3 | -€97 | -96.8% |
| Financial charges | 65/66B | €13,273 | €18,230 | +€4,956 | +37.3% |
| Recurring financial charges | 65 | €12,923 | €18,230 | +€5,306 | +41.1% |
| Non-recurring financial charges | 66B | €350 | - | -€350 | |
| Profit (loss) for the period before taxes | 9903 | €82,107 | -€35,255 | -€117,362 | |
| Income taxes | 67/77 | €326 | €309 | -€18 | -5.4% |
| Profit (loss) for the period | 9904 | €81,780 | -€35,564 | -€117,345 | |
| Transfer from tax-exempt reserves | 789 | - | €48,000 | +€48,000 | |
| Transfer to tax-exempt reserves | 689 | €91,900 | - | -€91,900 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,120 | €12,436 | +€22,555 |
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 5 October 2026 via checked.be.