WAL BODY: 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.
WAL BODY
Largest movements
- Receivables within one year -€57,874
down €57,874 (-74.4%), from €77,781 to €19,907
of which Trade receivables: -€69,961
- Cash +€1,433
new in 2025: €1,433
mainly Receivables within one year (+€57,874) and Net result for the year (+€3,548)
- Other debts -€44,864
down €44,864 (-99.6%), from €45,058 to €194
- Trade debts -€17,408
down €17,408 (-88.9%), from €19,579 to €2,171
- Profit (loss) carried forward +€3,548
up €3,548, from -€3,531 to €17
- Tax, wage and social debts +€2,283
up €2,283 (+16.7%), from €13,674 to €15,957
- Gross operating margin +€6,462
up €6,462 (+545%), from €1,187 to €7,648
- Taxes +€1,494
up €1,494 (+351%), from €426 to €1,920
- Other operating charges +€1,253
new in 2025: €1,253
- Financial charges +€864
new in 2025: €864
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 | €77,781 | €21,340 | -€56,441 | -72.6% |
| Current assets | 29/58 | €77,781 | €21,340 | -€56,441 | -72.6% |
| Amounts receivable within one year | 40/41 | €77,781 | €19,907 | -€57,874 | -74.4% |
| Trade receivables | 40 | €75,136 | €5,176 | -€69,961 | -93.1% |
| Other amounts receivable | 41 | €2,645 | €14,731 | +€12,086 | +457% |
| Cash at bank and in hand | 54/58 | - | €1,433 | +€1,433 | |
| Total equity and liabilities | 10/49 | €77,781 | €21,340 | -€56,441 | -72.6% |
| Equity | 10/15 | -€531 | €3,017 | +€3,548 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,531 | €17 | +€3,548 | |
| Amounts payable | 17/49 | €78,312 | €18,323 | -€59,989 | -76.6% |
| Amounts payable within one year | 42/48 | €78,312 | €18,323 | -€59,989 | -76.6% |
| Trade debts | 44 | €19,579 | €2,171 | -€17,408 | -88.9% |
| Suppliers | 440/4 | €19,579 | €2,171 | -€17,408 | -88.9% |
| Taxes, remuneration and social security | 45 | €13,674 | €15,957 | +€2,283 | +16.7% |
| Taxes | 450/3 | €13,674 | €15,957 | +€2,283 | +16.7% |
| Other amounts payable | 47/48 | €45,058 | €194 | -€44,864 | -99.6% |
| Remuneration, social security and pensions | 62 | €16 | €63 | +€48 | +308% |
| Other operating charges | 640/8 | - | €1,253 | +€1,253 | |
| Gross operating margin | 9900 | €1,187 | €7,648 | +€6,462 | +545% |
| Operating profit (loss) | 9901 | €1,171 | €6,332 | +€5,161 | +441% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €864 | +€864 | |
| Recurring financial charges | 65 | - | €864 | +€864 | |
| Profit (loss) for the period before taxes | 9903 | €1,171 | €5,467 | +€4,296 | +367% |
| Income taxes | 67/77 | €426 | €1,920 | +€1,494 | +351% |
| Profit (loss) for the period | 9904 | €745 | €3,548 | +€2,802 | +376% |
| Profit (loss) for the period to be appropriated | 9905 | €745 | €3,548 | +€2,802 | +376% |
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 18 October 2026 via checked.be.