WAILLET: 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.
What changed
WAILLET
NACE 01.500, Mixed farming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€802,311
2024 · -€607,134-€195,177
Equity
-€4.2m
2024 · -€3.4m-€802,311
Cash
€32,127
2024 · €13,497+€18,630
Balance sheet total
€8.0m
2024 · €8.5m-€425,976
Largest movements
Assets
- Tangible fixed assets -€432,901
down €432,901 (-5.2%), from €8.4m to €7.9m
of which Plant, machinery and equipment: -€357,457
Equity and liabilities
- Profit (loss) carried forward -€802,311
down €802,311 (-16.2%), from -€5.0m to -€5.8m
- Other debts +€449,072
up €449,072 (+4.0%), from €11.3m to €11.7m
Income statement
- Gross operating margin -€325,986
down €325,986, from €246,457 to -€79,528
- Depreciation -€126,504
down €126,504 (-17.4%), from €728,552 to €602,048
- Financial charges -€5,536
down €5,536 (-33.3%), from €16,610 to €11,074
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.
Result 2024
-€607,134
Gross operating margin
-€325,986
Staff costs
-€168
Depreciation
+€126,504
Other operating charges
-€1,078
Financial charges
+€5,536
Taxes
+€15
Result 2025
-€802,311
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.
From operations
+€275,840
Investment
-€169,546
Financing
-€87,664
Cash 2024
€13,497
From operations (derived)
+€275,840
Net result for the year
-€802,311
Depreciation
+€602,048
Stocks and contracts
+€4,210
Receivables within one year
+€8,535
Deferred charges and accrued income
-€640
Trade debts
+€23,936
Tax, wage and social debts
-€9,010
Other debts
+€449,072
Investment (derived)
-€169,546
Investment in fixed assets (net)
-€169,546
Financing
-€87,664
Debts after one year
-€71,289
Current portion of long-term debt
-€11,375
Short-term financial debts
-€5,000
Cash 2025
€32,127
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,466,086 | €8,040,110 | -€425,976 | -5.0% |
| Fixed assets | 21/28 | €8,369,470 | €7,936,968 | -€432,502 | -5.2% |
| Intangible fixed assets | 21 | €117 | - | -€117 | |
| Tangible fixed assets | 22/27 | €8,369,298 | €7,936,397 | -€432,901 | -5.2% |
| Land and buildings | 22 | €5,893,584 | €5,822,751 | -€70,833 | -1.2% |
| Plant, machinery and equipment | 23 | €2,426,083 | €2,068,626 | -€357,457 | -14.7% |
| Furniture and vehicles | 24 | €3,071 | €1,701 | -€1,369 | -44.6% |
| Other tangible fixed assets | 26 | €46,560 | €43,318 | -€3,241 | -7.0% |
| Financial fixed assets | 28 | €55 | €571 | +€516 | +938.1% |
| Current assets | 29/58 | €96,617 | €103,142 | +€6,526 | +6.8% |
| Stocks and contracts in progress | 3 | €8,487 | €4,278 | -€4,210 | -49.6% |
| Stocks | 30/36 | €8,487 | €4,278 | -€4,210 | -49.6% |
| Amounts receivable within one year | 40/41 | €64,012 | €55,477 | -€8,535 | -13.3% |
| Trade receivables | 40 | €64,012 | €46,495 | -€17,517 | -27.4% |
| Other amounts receivable | 41 | - | €8,982 | +€8,982 | |
| Cash at bank and in hand | 54/58 | €13,497 | €32,127 | +€18,630 | +138.0% |
| Deferred charges and accrued income | 490/1 | €10,620 | €11,260 | +€640 | +6.0% |
| Total equity and liabilities | 10/49 | €8,466,086 | €8,040,110 | -€425,976 | -5.0% |
| Equity | 10/15 | -€3,435,248 | -€4,237,559 | -€802,311 | -23.4% |
| Contributions | 10/11 | €1,518,600 | €1,518,600 | = | 0.0% |
| Capital | 10 | €1,518,600 | €1,518,600 | = | 0.0% |
| Issued capital | 100 | €1,518,600 | €1,518,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,953,848 | -€5,756,159 | -€802,311 | -16.2% |
| Amounts payable | 17/49 | €11,901,334 | €12,277,669 | +€376,335 | +3.2% |
| Amounts payable after more than one year | 17 | €377,514 | €306,225 | -€71,289 | -18.9% |
| Financial debts | 170/4 | €366,770 | €298,333 | -€68,437 | -18.7% |
| Other amounts payable | 178/9 | €10,743 | €7,892 | -€2,852 | -26.5% |
| Amounts payable within one year | 42/48 | €11,523,820 | €11,971,444 | +€447,624 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €79,812 | €68,437 | -€11,375 | -14.3% |
| Financial debts | 43 | €125,000 | €120,000 | -€5,000 | -4.0% |
| Credit institutions | 430/8 | €125,000 | €120,000 | -€5,000 | -4.0% |
| Trade debts | 44 | €21,242 | €45,178 | +€23,936 | +112.7% |
| Suppliers | 440/4 | €21,242 | €45,178 | +€23,936 | +112.7% |
| Taxes, remuneration and social security | 45 | €20,268 | €11,259 | -€9,010 | -44.5% |
| Taxes | 450/3 | €4,187 | €2,679 | -€1,508 | -36.0% |
| Remuneration and social security | 454/9 | €16,081 | €8,580 | -€7,501 | -46.6% |
| Other amounts payable | 47/48 | €11,277,498 | €11,726,570 | +€449,072 | +4.0% |
| Non-recurring operating income | 76A | €12,870 | - | -€12,870 | |
| Remuneration, social security and pensions | 62 | €97,647 | €97,816 | +€168 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728,552 | €602,048 | -€126,504 | -17.4% |
| Other operating charges | 640/8 | €10,498 | €11,576 | +€1,078 | +10.3% |
| Gross operating margin | 9900 | €246,457 | -€79,528 | -€325,986 | |
| Operating profit (loss) | 9901 | -€590,240 | -€790,968 | -€200,728 | -34.0% |
| Financial charges | 65/66B | €16,610 | €11,074 | -€5,536 | -33.3% |
| Recurring financial charges | 65 | €16,610 | €11,074 | -€5,536 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€606,850 | -€802,042 | -€195,192 | -32.2% |
| Income taxes | 67/77 | €284 | €269 | -€15 | -5.4% |
| Profit (loss) for the period | 9904 | -€607,134 | -€802,311 | -€195,177 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€607,134 | -€802,311 | -€195,177 | -32.1% |
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 11 October 2026 via checked.be.