NO WALL CO: 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.
NO WALL CO
Largest movements
- Cash +€32,698
up €32,698 (+17.5%), from €186,558 to €219,256
mainly Other debts (+€210,523) and Net result for the year (+€177,012)
- Receivables within one year +€25,744
up €25,744 (+68.9%), from €37,365 to €63,110
of which Other amounts receivable: +€14,994
- Other debts +€210,523
up €210,523 (+10,143%), from €2,076 to €212,598
- Tax, wage and social debts -€80,755
down €80,755 (-69.5%), from €116,240 to €35,486
- Reserves -€69,192
down €69,192 (-14.2%), from €487,059 to €417,867
- Gross operating margin -€62,269
down €62,269 (-20.0%), from €311,836 to €249,567
- Financial income -€9,441
down €9,441 (-50.6%), from €18,659 to €9,218
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 | €624,739 | €686,284 | +€61,545 | +9.9% |
| Fixed assets | 21/28 | €816 | €1,383 | +€567 | +69.4% |
| Tangible fixed assets | 22/27 | €816 | €1,383 | +€567 | +69.4% |
| Plant, machinery and equipment | 23 | €816 | €1,383 | +€567 | +69.4% |
| Current assets | 29/58 | €623,923 | €684,901 | +€60,978 | +9.8% |
| Amounts receivable within one year | 40/41 | €37,365 | €63,110 | +€25,744 | +68.9% |
| Trade receivables | 40 | €18,500 | €29,250 | +€10,750 | +58.1% |
| Other amounts receivable | 41 | €18,865 | €33,860 | +€14,994 | +79.5% |
| Current investments | 50/53 | €400,000 | €400,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €186,558 | €219,256 | +€32,698 | +17.5% |
| Deferred charges and accrued income | 490/1 | - | €2,536 | +€2,536 | |
| Total equity and liabilities | 10/49 | €624,739 | €686,284 | +€61,545 | +9.9% |
| Equity | 10/15 | €505,609 | €436,417 | -€69,192 | -13.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €487,059 | €417,867 | -€69,192 | -14.2% |
| Distributable reserves | 133 | €487,059 | €417,867 | -€69,192 | -14.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €119,131 | €249,867 | +€130,737 | +110% |
| Amounts payable within one year | 42/48 | €119,131 | €249,867 | +€130,737 | +110% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €815 | €1,784 | +€969 | +119% |
| Suppliers | 440/4 | €815 | €1,784 | +€969 | +119% |
| Taxes, remuneration and social security | 45 | €116,240 | €35,486 | -€80,755 | -69.5% |
| Taxes | 450/3 | €116,240 | €35,486 | -€80,755 | -69.5% |
| Other amounts payable | 47/48 | €2,076 | €212,598 | +€210,523 | +10,143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457 | €466 | +€9 | +1.9% |
| Other operating charges | 640/8 | €505 | €1,079 | +€574 | +113% |
| Gross operating margin | 9900 | €311,836 | €249,567 | -€62,269 | -20.0% |
| Operating profit (loss) | 9901 | €310,874 | €248,023 | -€62,851 | -20.2% |
| Financial income | 75/76B | €18,659 | €9,218 | -€9,441 | -50.6% |
| Recurring financial income | 75 | €18,659 | €9,218 | -€9,441 | -50.6% |
| Financial charges | 65/66B | €212 | €140 | -€72 | -33.9% |
| Recurring financial charges | 65 | €212 | €140 | -€72 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €329,320 | €257,101 | -€72,220 | -21.9% |
| Income taxes | 67/77 | €83,116 | €80,088 | -€3,028 | -3.6% |
| Profit (loss) for the period | 9904 | €246,204 | €177,012 | -€69,192 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €246,204 | €177,012 | -€69,192 | -28.1% |
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 25 October 2026 via checked.be.