Just Waldo BV: 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.
Just Waldo BV
Largest movements
- Stocks and contracts +€22,532
up €22,532 (+494%), from €4,557 to €27,089
- Cash -€4,605
down €4,605 (-21.0%), from €21,938 to €17,334
mainly Stocks and contracts (-€22,532) and Investment in fixed assets (net) (-€1,449)
- Deferred charges and accrued income -€2,250
down €2,250 (-63.7%), from €3,530 to €1,280
- Receivables within one year +€974
up €974 (+20.0%), from €4,875 to €5,849
of which Trade receivables: +€981
- Profit (loss) carried forward +€8,761
up €8,761 (+14.0%), from -€62,682 to -€53,921
- Other debts +€4,227
up €4,227 (+1,074%), from €393 to €4,621
- Trade debts +€2,366
up €2,366 (+431%), from €548 to €2,914
- Debts after one year +€1,735
up €1,735 (+3.3%), from €52,626 to €54,361
- Tax, wage and social debts -€1,273
down €1,273 (-13.4%), from €9,508 to €8,236
of which Remuneration and social security: -€3,716
- Staff costs -€15,232
down €15,232 (-43.1%), from €35,331 to €20,099
- Gross operating margin +€13,571
up €13,571 (+61.3%), from €22,148 to €35,719
- Other operating charges +€1,457
up €1,457 (+591%), from €246 to €1,703
- Depreciation +€884
up €884 (+75.0%), from €1,179 to €2,063
- Financial charges +€486
up €486 (+18.6%), from €2,613 to €3,099
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 | €55,565 | €71,602 | +€16,037 | +28.9% |
| Fixed assets | 21/28 | €20,664 | €20,051 | -€614 | -3.0% |
| Tangible fixed assets | 22/27 | €11,497 | €10,884 | -€614 | -5.3% |
| Land and buildings | 22 | €7,730 | €6,947 | -€783 | -10.1% |
| Plant, machinery and equipment | 23 | - | €463 | +€463 | |
| Furniture and vehicles | 24 | €1,048 | €538 | -€510 | -48.6% |
| Other tangible fixed assets | 26 | €2,719 | €2,935 | +€216 | +7.9% |
| Financial fixed assets | 28 | €9,167 | €9,167 | = | 0.0% |
| Current assets | 29/58 | €34,901 | €51,551 | +€16,651 | +47.7% |
| Stocks and contracts in progress | 3 | €4,557 | €27,089 | +€22,532 | +494% |
| Stocks | 30/36 | €4,557 | €27,089 | +€22,532 | +494% |
| Amounts receivable within one year | 40/41 | €4,875 | €5,849 | +€974 | +20.0% |
| Trade receivables | 40 | €4,794 | €5,775 | +€981 | +20.5% |
| Other amounts receivable | 41 | €81 | €74 | -€7 | -8.4% |
| Cash at bank and in hand | 54/58 | €21,938 | €17,334 | -€4,605 | -21.0% |
| Deferred charges and accrued income | 490/1 | €3,530 | €1,280 | -€2,250 | -63.7% |
| Total equity and liabilities | 10/49 | €55,565 | €71,602 | +€16,037 | +28.9% |
| Equity | 10/15 | -€7,682 | €1,079 | +€8,761 | |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,682 | -€53,921 | +€8,761 | +14.0% |
| Amounts payable | 17/49 | €63,247 | €70,523 | +€7,276 | +11.5% |
| Amounts payable after more than one year | 17 | €52,626 | €54,361 | +€1,735 | +3.3% |
| Financial debts | 170/4 | €52,626 | €54,361 | +€1,735 | +3.3% |
| Amounts payable within one year | 42/48 | €10,546 | €16,086 | +€5,541 | +52.5% |
| Financial debts | 43 | €95 | €316 | +€220 | +231% |
| Credit institutions | 430/8 | €95 | €316 | +€220 | +231% |
| Trade debts | 44 | €548 | €2,914 | +€2,366 | +431% |
| Suppliers | 440/4 | €548 | €2,914 | +€2,366 | +431% |
| Taxes, remuneration and social security | 45 | €9,508 | €8,236 | -€1,273 | -13.4% |
| Taxes | 450/3 | €4,398 | €6,842 | +€2,444 | +55.6% |
| Remuneration and social security | 454/9 | €5,110 | €1,394 | -€3,716 | -72.7% |
| Other amounts payable | 47/48 | €393 | €4,621 | +€4,227 | +1,074% |
| Accrued charges and deferred income | 492/3 | €75 | €75 | = | 0.0% |
| Non-recurring operating income | 76A | - | €268 | +€268 | |
| Remuneration, social security and pensions | 62 | €35,331 | €20,099 | -€15,232 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,179 | €2,063 | +€884 | +75.0% |
| Other operating charges | 640/8 | €246 | €1,703 | +€1,457 | +591% |
| Gross operating margin | 9900 | €22,148 | €35,719 | +€13,571 | +61.3% |
| Operating profit (loss) | 9901 | -€14,608 | €11,854 | +€26,463 | |
| Financial income | 75/76B | €3 | €5 | +€3 | +106% |
| Recurring financial income | 75 | €3 | €5 | +€3 | +106% |
| Financial charges | 65/66B | €2,613 | €3,099 | +€486 | +18.6% |
| Recurring financial charges | 65 | €2,613 | €3,099 | +€486 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,218 | €8,761 | +€25,979 | |
| Profit (loss) for the period | 9904 | -€17,218 | €8,761 | +€25,979 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,218 | €8,761 | +€25,979 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.