WILLCOM: what changed
WILLCOM
Largest movements
- Receivables within one year +€24,539
up €24,539 (+31.4%), from €78,041 to €102,579
of which Other amounts receivable: +€20,811
- Receivables after one year -€20,000
down €20,000 (-16.7%), from €120,000 to €100,000
- Cash +€9,639
up €9,639 (+33.8%), from €28,558 to €38,197
mainly Receivables after one year (+€20,000) and Net result for the year (+€14,313)
- Reserves +€14,313
up €14,313 (+7.4%), from €192,133 to €206,446
of which Distributable reserves: +€14,313
- Gross operating margin -€18,549
down €18,549 (-53.7%), from €34,539 to €15,990
- Other operating charges -€8,095
down €8,095 (-91.8%), from €8,818 to €722
- Taxes -€2,885
down €2,885 (-29.1%), from €9,915 to €7,030
- Financial charges -€866
down €866 (-41.1%), from €2,104 to €1,238
- Financial income +€810
up €810 (+11.9%), from €6,786 to €7,597
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,598 | €243,020 | +€16,422 | +7.2% |
| Fixed assets | 21/28 | €0 | €2,244 | +€2,244 | |
| Tangible fixed assets | 22/27 | €0 | €2,244 | +€2,244 | |
| Furniture and vehicles | 24 | €0 | €2,244 | +€2,244 | |
| Current assets | 29/58 | €226,598 | €240,776 | +€14,178 | +6.3% |
| Amounts receivable after more than one year | 29 | €120,000 | €100,000 | -€20,000 | -16.7% |
| Other amounts receivable | 291 | €120,000 | €100,000 | -€20,000 | -16.7% |
| Amounts receivable within one year | 40/41 | €78,041 | €102,579 | +€24,539 | +31.4% |
| Trade receivables | 40 | €1,658 | €5,386 | +€3,728 | +225% |
| Other amounts receivable | 41 | €76,383 | €97,194 | +€20,811 | +27.2% |
| Cash at bank and in hand | 54/58 | €28,558 | €38,197 | +€9,639 | +33.8% |
| Total equity and liabilities | 10/49 | €226,598 | €243,020 | +€16,422 | +7.2% |
| Equity | 10/15 | €198,339 | €212,651 | +€14,313 | +7.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €192,133 | €206,446 | +€14,313 | +7.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €190,273 | €204,586 | +€14,313 | +7.5% |
| Amounts payable | 17/49 | €28,260 | €30,369 | +€2,109 | +7.5% |
| Amounts payable after more than one year | 17 | - | €1,946 | +€1,946 | |
| Financial debts | 170/4 | - | €1,946 | +€1,946 | |
| Amounts payable within one year | 42/48 | €28,260 | €28,423 | +€163 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €470 | +€470 | |
| Trade debts | 44 | €2,009 | €2,875 | +€867 | +43.2% |
| Suppliers | 440/4 | €2,009 | €2,875 | +€867 | +43.2% |
| Taxes, remuneration and social security | 45 | €26,251 | €25,078 | -€1,173 | -4.5% |
| Taxes | 450/3 | €26,251 | €25,078 | -€1,173 | -4.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222 | €284 | +€62 | +28.1% |
| Other operating charges | 640/8 | €8,818 | €722 | -€8,095 | -91.8% |
| Gross operating margin | 9900 | €34,539 | €15,990 | -€18,549 | -53.7% |
| Operating profit (loss) | 9901 | €25,500 | €14,984 | -€10,516 | -41.2% |
| Financial income | 75/76B | €6,786 | €7,597 | +€810 | +11.9% |
| Recurring financial income | 75 | €6,786 | €7,597 | +€810 | +11.9% |
| Financial charges | 65/66B | €2,104 | €1,238 | -€866 | -41.1% |
| Recurring financial charges | 65 | €2,104 | €1,238 | -€866 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €30,182 | €21,342 | -€8,840 | -29.3% |
| Income taxes | 67/77 | €9,915 | €7,030 | -€2,885 | -29.1% |
| Profit (loss) for the period | 9904 | €20,268 | €14,313 | -€5,955 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,268 | €14,313 | -€5,955 | -29.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.