LWALIDA: 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.
LWALIDA
Largest movements
- Tangible fixed assets +€33,232
up €33,232 (+2153.8%), from €1,543 to €34,775
of which Furniture and vehicles: +€34,775
- Cash +€21,978
up €21,978 (+107.6%), from €20,435 to €42,412
mainly Debts after one year (+€28,185) and Tax, wage and social debts (+€13,136)
- Stocks and contracts -€6,500
down €6,500 (-68.8%), from €9,450 to €2,950
- Receivables within one year +€2,919
up €2,919 (+81.8%), from €3,570 to €6,490
of which Other amounts receivable: +€1,961
- Debts after one year +€28,185
new in 2025: €28,185
- Tax, wage and social debts +€13,136
up €13,136 (+3764.0%), from €349 to €13,485
of which Remuneration and social security: +€9,059
- Profit (loss) carried forward +€9,599
up €9,599 (+64.6%), from €14,862 to €24,461
- Trade debts +€1,016
up €1,016 (+5.2%), from €19,400 to €20,416
- Gross operating margin +€38,171
up €38,171 (+88.7%), from €43,023 to €81,194
- Staff costs +€34,951
up €34,951 (+222.8%), from €15,688 to €50,639
- Depreciation +€5,814
up €5,814 (+439.7%), from €1,322 to €7,136
- Taxes +€4,218
new in 2025: €4,218
- Financial charges -€2,440
down €2,440 (-81.5%), from €2,995 to €554
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 | €35,611 | €87,547 | +€51,936 | +145.8% |
| Fixed assets | 21/28 | €1,543 | €34,775 | +€33,232 | +2153.8% |
| Tangible fixed assets | 22/27 | €1,543 | €34,775 | +€33,232 | +2153.8% |
| Plant, machinery and equipment | 23 | €1,543 | - | -€1,543 | |
| Furniture and vehicles | 24 | - | €34,775 | +€34,775 | |
| Current assets | 29/58 | €34,068 | €52,772 | +€18,704 | +54.9% |
| Stocks and contracts in progress | 3 | €9,450 | €2,950 | -€6,500 | -68.8% |
| Stocks | 30/36 | €9,450 | €2,950 | -€6,500 | -68.8% |
| Amounts receivable within one year | 40/41 | €3,570 | €6,490 | +€2,919 | +81.8% |
| Trade receivables | 40 | €1,255 | €2,213 | +€958 | +76.3% |
| Other amounts receivable | 41 | €2,315 | €4,277 | +€1,961 | +84.7% |
| Cash at bank and in hand | 54/58 | €20,435 | €42,412 | +€21,978 | +107.6% |
| Deferred charges and accrued income | 490/1 | €613 | €920 | +€307 | +50.1% |
| Total equity and liabilities | 10/49 | €35,611 | €87,547 | +€51,936 | +145.8% |
| Equity | 10/15 | €15,862 | €25,461 | +€9,599 | +60.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,862 | €24,461 | +€9,599 | +64.6% |
| Amounts payable | 17/49 | €19,749 | €62,086 | +€42,337 | +214.4% |
| Amounts payable after more than one year | 17 | - | €28,185 | +€28,185 | |
| Financial debts | 170/4 | - | €28,185 | +€28,185 | |
| Amounts payable within one year | 42/48 | €19,749 | €33,901 | +€14,152 | +71.7% |
| Trade debts | 44 | €19,400 | €20,416 | +€1,016 | +5.2% |
| Suppliers | 440/4 | €19,400 | €20,416 | +€1,016 | +5.2% |
| Taxes, remuneration and social security | 45 | €349 | €13,485 | +€13,136 | +3764.0% |
| Taxes | 450/3 | €141 | €4,218 | +€4,077 | +2893.7% |
| Remuneration and social security | 454/9 | €208 | €9,267 | +€9,059 | +4353.2% |
| Remuneration, social security and pensions | 62 | €15,688 | €50,639 | +€34,951 | +222.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,322 | €7,136 | +€5,814 | +439.7% |
| Non-recurring operating charges | 66A | €3,724 | €9,048 | +€5,325 | +143.0% |
| Gross operating margin | 9900 | €43,023 | €81,194 | +€38,171 | +88.7% |
| Operating profit (loss) | 9901 | €22,289 | €14,371 | -€7,918 | -35.5% |
| Financial charges | 65/66B | €2,995 | €554 | -€2,440 | -81.5% |
| Recurring financial charges | 65 | €2,995 | €554 | -€2,440 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | €19,295 | €13,817 | -€5,478 | -28.4% |
| Income taxes | 67/77 | - | €4,218 | +€4,218 | |
| Profit (loss) for the period | 9904 | €19,295 | €9,599 | -€9,696 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,295 | €9,599 | -€9,696 | -50.3% |
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 12 October 2026 via checked.be.