TOM WALLYN: 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.
TOM WALLYN
Largest movements
- Receivables after one year -€175,160
down €175,160 (-40.9%), from €428,311 to €253,151
- Cash +€51,008
up €51,008 (+70.8%), from €72,002 to €123,011
mainly Receivables after one year (+€175,160) and Net result for the year (+€113,241)
- Tangible fixed assets +€9,460
up €9,460 (+318%), from €2,973 to €12,433
of which Other tangible fixed assets: +€9,694
- Reserves -€127,701
down €127,701 (-28.8%), from €444,030 to €316,329
- Tax, wage and social debts +€10,748
up €10,748 (+22.8%), from €47,065 to €57,813
- Gross operating margin +€18,509
up €18,509 (+14.4%), from €128,557 to €147,066
- Taxes +€7,045
up €7,045 (+16.7%), from €42,145 to €49,190
- Financial income +€4,322
up €4,322 (+28.2%), from €15,311 to €19,633
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 | €504,245 | €388,983 | -€115,262 | -22.9% |
| Fixed assets | 21/28 | €2,973 | €12,433 | +€9,460 | +318% |
| Tangible fixed assets | 22/27 | €2,973 | €12,433 | +€9,460 | +318% |
| Furniture and vehicles | 24 | €330 | €96 | -€234 | -70.9% |
| Other tangible fixed assets | 26 | €2,643 | €12,337 | +€9,694 | +367% |
| Current assets | 29/58 | €501,272 | €376,550 | -€124,721 | -24.9% |
| Amounts receivable after more than one year | 29 | €428,311 | €253,151 | -€175,160 | -40.9% |
| Other amounts receivable | 291 | €428,311 | €253,151 | -€175,160 | -40.9% |
| Amounts receivable within one year | 40/41 | €553 | €200 | -€353 | -63.8% |
| Trade receivables | 40 | €553 | €200 | -€353 | -63.8% |
| Cash at bank and in hand | 54/58 | €72,002 | €123,011 | +€51,008 | +70.8% |
| Deferred charges and accrued income | 490/1 | €405 | €188 | -€217 | -53.6% |
| Total equity and liabilities | 10/49 | €504,245 | €388,983 | -€115,262 | -22.9% |
| Equity | 10/15 | €456,430 | €328,729 | -€127,701 | -28.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €444,030 | €316,329 | -€127,701 | -28.8% |
| Distributable reserves | 133 | €444,030 | €316,329 | -€127,701 | -28.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,815 | €60,254 | +€12,440 | +26.0% |
| Amounts payable within one year | 42/48 | €47,065 | €59,504 | +€12,440 | +26.4% |
| Trade debts | 44 | €0 | €1,691 | +€1,691 | |
| Suppliers | 440/4 | €0 | €1,691 | +€1,691 | |
| Taxes, remuneration and social security | 45 | €47,065 | €57,813 | +€10,748 | +22.8% |
| Taxes | 450/3 | €47,065 | €57,813 | +€10,748 | +22.8% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €1,842 | +€1,444 | +363% |
| Other operating charges | 640/8 | €2,232 | €2,342 | +€110 | +5.0% |
| Gross operating margin | 9900 | €128,557 | €147,066 | +€18,509 | +14.4% |
| Operating profit (loss) | 9901 | €125,928 | €142,882 | +€16,954 | +13.5% |
| Financial income | 75/76B | €15,311 | €19,633 | +€4,322 | +28.2% |
| Recurring financial income | 75 | €15,311 | €19,633 | +€4,322 | +28.2% |
| Financial charges | 65/66B | €96 | €84 | -€12 | -12.4% |
| Recurring financial charges | 65 | €96 | €84 | -€12 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €141,143 | €162,431 | +€21,288 | +15.1% |
| Income taxes | 67/77 | €42,145 | €49,190 | +€7,045 | +16.7% |
| Profit (loss) for the period | 9904 | €98,998 | €113,241 | +€14,243 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €98,998 | €113,241 | +€14,243 | +14.4% |
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 13 October 2026 via checked.be.