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WALBA: 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.

What changed

WALBA

BE 0727.372.811
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€13,194
2023 · -€18,615+€5,421
Equity
€26,019
2023 · €39,213-€13,194
Cash
€406
2023 · €747-€341
Balance sheet total
€201,727
2023 · €207,019-€5,292

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€4,889

    down €4,889 (-2.4%), from €206,018 to €201,129

    of which Land and buildings: -€6,995

Equity and liabilities
  • Profit (loss) carried forward -€13,194

    down €13,194 (-21.7%), from -€60,787 to -€73,981

  • Other debts +€12,831

    up €12,831 (+9.4%), from €136,072 to €148,902

  • Debts after one year -€5,052

    down €5,052 (-20.5%), from €24,694 to €19,642

Income statement
  • Gross operating margin +€5,469

    up €5,469 (+55.5%), from -€9,855 to -€4,386

  • Turnover +€4,094

    up €4,094 (+212.8%), from €1,924 to €6,019

  • Purchases and services -€1,375

    down €1,375 (-11.7%), from €11,779 to €10,404

  • Other operating charges -€194

    down €194 (-20.0%), from €970 to €776

From the 2023 result to the 2024 result

effect on the 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 2023 -€18,615
Gross operating margin +€5,469
Depreciation -€47
Other operating charges +€194
Other operating items -€250
Financial income -€1
Financial charges +€55
Result 2024 -€13,194

Cash bridge derived

cash 2023 to 2024

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.

From operations +€6,965
Investment -€2,330
Financing -€4,976
Cash 2023 €747
Net result for the year -€13,194
Depreciation +€7,219
Deferred charges and accrued income +€62
Smaller working-capital items +€48
Other debts +€12,831
Investment in fixed assets (net) -€2,330
Debts after one year -€5,052
Short-term financial debts +€76
Cash 2024 €406
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €207,019 €201,727 -€5,292 -2.6%
Fixed assets 21/28 €206,018 €201,129 -€4,889 -2.4%
Tangible fixed assets 22/27 €206,018 €201,129 -€4,889 -2.4%
Land and buildings 22 €205,703 €198,709 -€6,995 -3.4%
Furniture and vehicles 24 €315 €2,420 +€2,106 +668.8%
Current assets 29/58 €1,000 €598 -€403 -40.2%
Cash at bank and in hand 54/58 €747 €406 -€341 -45.6%
Deferred charges and accrued income 490/1 €253 €192 -€62 -24.3%
Total equity and liabilities 10/49 €207,019 €201,727 -€5,292 -2.6%
Equity 10/15 €39,213 €26,019 -€13,194 -33.6%
Contributions 10/11 €100,000 €100,000 = 0.0%
Capital 10 €100,000 - -€100,000
Issued capital 100 €100,000 - -€100,000
Profit (loss) carried forward 14 -€60,787 -€73,981 -€13,194 -21.7%
Amounts payable 17/49 €167,805 €175,708 +€7,902 +4.7%
Amounts payable after more than one year 17 €24,694 €19,642 -€5,052 -20.5%
Financial debts 170/4 €24,694 €19,642 -€5,052 -20.5%
Amounts payable within one year 42/48 €143,112 €156,036 +€12,925 +9.0%
Financial debts 43 €4,976 €5,052 +€76 +1.5%
Credit institutions 430/8 €4,976 €5,052 +€76 +1.5%
Trade debts 44 €2,063 €2,082 +€18 +0.9%
Suppliers 440/4 €2,063 €2,082 +€18 +0.9%
Other amounts payable 47/48 €136,072 €148,902 +€12,831 +9.4%
Accrued charges and deferred income 492/3 - €30 +€30
Turnover 70 €1,924 €6,019 +€4,094 +212.8%
Goods, raw materials, services and sundry goods 60/61 €11,779 €10,404 -€1,375 -11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,172 €7,219 +€47 +0.7%
Other operating charges 640/8 €970 €776 -€194 -20.0%
Non-recurring operating charges 66A - €250 +€250
Gross operating margin 9900 -€9,855 -€4,386 +€5,469 +55.5%
Operating profit (loss) 9901 -€17,997 -€12,631 +€5,367 +29.8%
Financial income 75/76B €1 - -€1
Recurring financial income 75 €1 - -€1
Non-recurring financial income 76B €1 - -€1
Financial charges 65/66B €618 €564 -€55 -8.8%
Recurring financial charges 65 €618 €564 -€55 -8.8%
Profit (loss) for the period before taxes 9903 -€18,615 -€13,194 +€5,421 +29.1%
Profit (loss) for the period 9904 -€18,615 -€13,194 +€5,421 +29.1%
Profit (loss) for the period to be appropriated 9905 -€18,615 -€13,194 +€5,421 +29.1%

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 29 September 2026 via checked.be.