W.A.L.: what changed
Two fiscal 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.
W.A.L.
Largest movements
- Cash +€106,005
up €106,005 (+5425.9%), from €1,954 to €107,958
mainly Net result for the year (+€58,059) and Deferred charges and accrued income (+€45,000)
- Deferred charges and accrued income -€45,000
no longer reported in 2024 (was €45,000)
- Tangible fixed assets -€20,305
down €20,305 (-21.5%), from €94,238 to €73,933
- Profit (loss) carried forward +€58,059
up €58,059 (+9.6%), from -€603,948 to -€545,889
- Tax, wage and social debts -€15,017
down €15,017 (-91.7%), from €16,373 to €1,356
- Trade debts -€2,554
no longer reported in 2024 (was €2,554)
- Gross operating margin +€78,610
up €78,610, from -€4,914 to €73,695
- Taxes -€15,017
down €15,017 (-91.7%), from €16,373 to €1,356
- Other operating charges +€13,500
up €13,500 (+2087.9%), from €647 to €14,146
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,191 | €181,891 | +€40,699 | +28.8% |
| Fixed assets | 21/28 | €94,238 | €73,933 | -€20,305 | -21.5% |
| Tangible fixed assets | 22/27 | €94,238 | €73,933 | -€20,305 | -21.5% |
| Land and buildings | 22 | €94,238 | €73,933 | -€20,305 | -21.5% |
| Current assets | 29/58 | €46,954 | €107,958 | +€61,005 | +129.9% |
| Cash at bank and in hand | 54/58 | €1,954 | €107,958 | +€106,005 | +5425.9% |
| Deferred charges and accrued income | 490/1 | €45,000 | - | -€45,000 | |
| Total equity and liabilities | 10/49 | €141,191 | €181,891 | +€40,699 | +28.8% |
| Equity | 10/15 | -€169,017 | -€110,957 | +€58,059 | +34.4% |
| Contributions | 10/11 | €409,024 | €409,024 | = | 0.0% |
| Reserves | 13 | €25,907 | €25,907 | = | 0.0% |
| Distributable reserves | 133 | €25,907 | €25,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€603,948 | -€545,889 | +€58,059 | +9.6% |
| Amounts payable | 17/49 | €310,208 | €292,848 | -€17,360 | -5.6% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,208 | €42,848 | -€17,360 | -28.8% |
| Trade debts | 44 | €2,554 | - | -€2,554 | |
| Suppliers | 440/4 | €2,554 | - | -€2,554 | |
| Taxes, remuneration and social security | 45 | €16,373 | €1,356 | -€15,017 | -91.7% |
| Taxes | 450/3 | €16,373 | €1,356 | -€15,017 | -91.7% |
| Other amounts payable | 47/48 | €41,281 | €41,492 | +€211 | +0.5% |
| Non-recurring operating income | 76A | €13,213 | - | -€13,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €140 | -€83 | -37.1% |
| Other operating charges | 640/8 | €647 | €14,146 | +€13,500 | +2087.9% |
| Non-recurring operating charges | 66A | €3,000 | - | -€3,000 | |
| Gross operating margin | 9900 | -€4,914 | €73,695 | +€78,610 | |
| Operating profit (loss) | 9901 | -€8,783 | €59,409 | +€68,192 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €61 | - | -€61 | |
| Recurring financial charges | 65 | €61 | - | -€61 | |
| Profit (loss) for the period before taxes | 9903 | -€8,844 | €59,415 | +€68,259 | |
| Income taxes | 67/77 | €16,373 | €1,356 | -€15,017 | -91.7% |
| Profit (loss) for the period | 9904 | -€25,217 | €58,059 | +€83,276 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,217 | €58,059 | +€83,276 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.