WALAFIN: 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.
WALAFIN
Largest movements
- Cash -€22,337
down €22,337 (-32.4%), from €68,851 to €46,514
mainly Other debts (-€11,969) and Net result for the year (-€10,777)
- Tangible fixed assets -€4,557
down €4,557 (-35.5%), from €12,848 to €8,291
of which Furniture and vehicles: -€2,775
- Deferred charges and accrued income -€2,893
down €2,893 (-84.6%), from €3,419 to €526
- Other debts -€11,969
down €11,969 (-62.1%), from €19,263 to €7,293
- Profit (loss) carried forward -€10,777
down €10,777, from €10 to -€10,766
- Tax, wage and social debts -€7,197
down €7,197 (-100.0%), from €7,197 to €0
of which Taxes: -€7,197
- Gross operating margin -€32,062
down €32,062, from €27,647 to -€4,415
- Taxes -€5,299
down €5,299 (-97.7%), from €5,422 to €123
- Depreciation -€3,305
down €3,305 (-42.0%), from €7,861 to €4,557
- Financial charges -€493
down €493 (-82.3%), from €600 to €106
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,815 | €63,567 | -€30,248 | -32.2% |
| Fixed assets | 21/28 | €12,848 | €8,291 | -€4,557 | -35.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,848 | €8,291 | -€4,557 | -35.5% |
| Plant, machinery and equipment | 23 | €1,019 | €149 | -€869 | -85.3% |
| Furniture and vehicles | 24 | €8,179 | €5,404 | -€2,775 | -33.9% |
| Other tangible fixed assets | 26 | €3,650 | €2,738 | -€913 | -25.0% |
| Current assets | 29/58 | €80,967 | €55,276 | -€25,691 | -31.7% |
| Amounts receivable within one year | 40/41 | €8,698 | €8,236 | -€462 | -5.3% |
| Trade receivables | 40 | €7,410 | €3,216 | -€4,194 | -56.6% |
| Other amounts receivable | 41 | €1,288 | €5,020 | +€3,732 | +289.8% |
| Cash at bank and in hand | 54/58 | €68,851 | €46,514 | -€22,337 | -32.4% |
| Deferred charges and accrued income | 490/1 | €3,419 | €526 | -€2,893 | -84.6% |
| Total equity and liabilities | 10/49 | €93,815 | €63,567 | -€30,248 | -32.2% |
| Equity | 10/15 | €66,786 | €56,009 | -€10,777 | -16.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €54,376 | €54,376 | = | 0.0% |
| Distributable reserves | 133 | €54,376 | €54,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10 | -€10,766 | -€10,777 | |
| Amounts payable | 17/49 | €27,029 | €7,558 | -€19,471 | -72.0% |
| Amounts payable within one year | 42/48 | €27,029 | €7,558 | -€19,471 | -72.0% |
| Trade debts | 44 | €569 | €265 | -€304 | -53.5% |
| Suppliers | 440/4 | €569 | €265 | -€304 | -53.5% |
| Taxes, remuneration and social security | 45 | €7,197 | €0 | -€7,197 | -100.0% |
| Taxes | 450/3 | €7,197 | €0 | -€7,197 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,263 | €7,293 | -€11,969 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,861 | €4,557 | -€3,305 | -42.0% |
| Other operating charges | 640/8 | €1,663 | €1,795 | +€132 | +7.9% |
| Gross operating margin | 9900 | €27,647 | -€4,415 | -€32,062 | |
| Operating profit (loss) | 9901 | €18,123 | -€10,766 | -€28,889 | |
| Financial income | 75/76B | €0 | €219 | +€219 | |
| Recurring financial income | 75 | €0 | €219 | +€219 | |
| Financial charges | 65/66B | €600 | €106 | -€493 | -82.3% |
| Recurring financial charges | 65 | €600 | €106 | -€493 | -82.3% |
| Profit (loss) for the period before taxes | 9903 | €17,523 | -€10,654 | -€28,177 | |
| Income taxes | 67/77 | €5,422 | €123 | -€5,299 | -97.7% |
| Profit (loss) for the period | 9904 | €12,101 | -€10,777 | -€22,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,101 | -€10,777 | -€22,878 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.