DE WALLYS: 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.
DE WALLYS
Largest movements
- Tangible fixed assets -€25,760
down €25,760 (-5.3%), from €481,902 to €456,142
of which Plant, machinery and equipment: -€15,480
- Receivables within one year +€15,713
up €15,713 (+798%), from €1,970 to €17,683
of which Other amounts receivable: +€15,062
- Cash -€7,710
down €7,710 (-9.6%), from €80,663 to €72,953
mainly Debts after one year (-€33,059) and Investment in fixed assets (net) (-€27,736)
- Stocks and contracts -€7,684
down €7,684 (-14.2%), from €54,102 to €46,417
- Debts after one year -€33,059
down €33,059 (-14.3%), from €230,763 to €197,704
- Trade debts +€7,100
up €7,100 (+48.3%), from €14,690 to €21,791
- Gross operating margin -€49,290
down €49,290 (-18.7%), from €263,140 to €213,850
- Staff costs -€4,643
down €4,643 (-3.2%), from €146,105 to €141,462
- Taxes -€4,032
down €4,032 (-89.2%), from €4,520 to €488
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 | €620,585 | €595,206 | -€25,379 | -4.1% |
| Fixed assets | 21/28 | €481,942 | €456,182 | -€25,760 | -5.3% |
| Tangible fixed assets | 22/27 | €481,902 | €456,142 | -€25,760 | -5.3% |
| Land and buildings | 22 | €346,563 | €335,544 | -€11,020 | -3.2% |
| Plant, machinery and equipment | 23 | €133,813 | €118,333 | -€15,480 | -11.6% |
| Furniture and vehicles | 24 | €1,525 | €2,265 | +€740 | +48.5% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €138,643 | €139,024 | +€381 | +0.3% |
| Stocks and contracts in progress | 3 | €54,102 | €46,417 | -€7,684 | -14.2% |
| Stocks | 30/36 | €54,102 | €46,417 | -€7,684 | -14.2% |
| Amounts receivable within one year | 40/41 | €1,970 | €17,683 | +€15,713 | +798% |
| Trade receivables | 40 | €1,755 | €2,406 | +€651 | +37.1% |
| Other amounts receivable | 41 | €215 | €15,277 | +€15,062 | +7,013% |
| Cash at bank and in hand | 54/58 | €80,663 | €72,953 | -€7,710 | -9.6% |
| Deferred charges and accrued income | 490/1 | €1,909 | €1,971 | +€62 | +3.3% |
| Total equity and liabilities | 10/49 | €620,585 | €595,206 | -€25,379 | -4.1% |
| Equity | 10/15 | €294,313 | €296,154 | +€1,840 | +0.6% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €263,313 | €265,154 | +€1,840 | +0.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,618 | €1,574 | -€3,044 | -65.9% |
| Distributable reserves | 133 | €258,696 | €263,580 | +€4,884 | +1.9% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Provisions and deferred taxes | 16 | €1,568 | €0 | -€1,568 | -100% |
| Deferred taxes | 168 | €1,568 | €0 | -€1,568 | -100% |
| Amounts payable | 17/49 | €324,704 | €299,053 | -€25,652 | -7.9% |
| Amounts payable after more than one year | 17 | €230,763 | €197,704 | -€33,059 | -14.3% |
| Financial debts | 170/4 | €230,763 | €197,704 | -€33,059 | -14.3% |
| Amounts payable within one year | 42/48 | €93,941 | €101,349 | +€7,407 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €31,846 | €33,059 | +€1,212 | +3.8% |
| Trade debts | 44 | €14,690 | €21,791 | +€7,100 | +48.3% |
| Suppliers | 440/4 | €14,690 | €21,791 | +€7,100 | +48.3% |
| Taxes, remuneration and social security | 45 | €20,158 | €17,933 | -€2,224 | -11.0% |
| Taxes | 450/3 | €7,119 | €3,600 | -€3,519 | -49.4% |
| Remuneration and social security | 454/9 | €13,038 | €14,333 | +€1,295 | +9.9% |
| Other amounts payable | 47/48 | €27,247 | €28,565 | +€1,319 | +4.8% |
| Remuneration, social security and pensions | 62 | €146,105 | €141,462 | -€4,643 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,444 | €53,496 | +€52 | +0.1% |
| Other operating charges | 640/8 | €1,791 | €2,900 | +€1,110 | +62.0% |
| Gross operating margin | 9900 | €263,140 | €213,850 | -€49,290 | -18.7% |
| Operating profit (loss) | 9901 | €61,801 | €15,992 | -€45,809 | -74.1% |
| Financial income | 75/76B | €627 | €683 | +€56 | +9.0% |
| Recurring financial income | 75 | €627 | €683 | +€56 | +9.0% |
| Financial charges | 65/66B | €17,319 | €15,914 | -€1,406 | -8.1% |
| Recurring financial charges | 65 | €17,319 | €15,914 | -€1,406 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €45,108 | €761 | -€44,347 | -98.3% |
| Transfer from deferred taxes | 780 | €1,567 | €1,568 | +€0 | 0.0% |
| Income taxes | 67/77 | €4,520 | €488 | -€4,032 | -89.2% |
| Profit (loss) for the period | 9904 | €42,156 | €1,840 | -€40,315 | -95.6% |
| Transfer from tax-exempt reserves | 789 | €3,044 | €3,044 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,200 | €4,884 | -€40,315 | -89.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.