WALBERT: 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.
WALBERT
Largest movements
- Receivables within one year +€12,000
up €12,000 (+53.3%), from €22,500 to €34,500
of which Trade receivables: +€9,000
- Profit (loss) carried forward +€16,376
up €16,376 (+32.4%), from -€50,608 to -€34,231
- Other debts -€3,986
down €3,986 (-8.3%), from €48,189 to €44,203
- Gross operating margin -€5,291
down €5,291 (-23.7%), from €22,285 to €16,995
- Other operating charges -€503
down €503 (-55.9%), from €900 to €397
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,515 | €34,761 | +€12,246 | +54.4% |
| Current assets | 29/58 | €22,515 | €34,761 | +€12,246 | +54.4% |
| Amounts receivable within one year | 40/41 | €22,500 | €34,500 | +€12,000 | +53.3% |
| Trade receivables | 40 | - | €9,000 | +€9,000 | |
| Other amounts receivable | 41 | €22,500 | €25,500 | +€3,000 | +13.3% |
| Cash at bank and in hand | 54/58 | €15 | €261 | +€246 | +1600.9% |
| Total equity and liabilities | 10/49 | €22,515 | €34,761 | +€12,246 | +54.4% |
| Equity | 10/15 | -€25,818 | -€9,442 | +€16,376 | +63.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,608 | -€34,231 | +€16,376 | +32.4% |
| Amounts payable | 17/49 | €48,334 | €44,203 | -€4,131 | -8.5% |
| Amounts payable within one year | 42/48 | €48,334 | €44,203 | -€4,131 | -8.5% |
| Trade debts | 44 | €145 | - | -€145 | |
| Suppliers | 440/4 | €145 | - | -€145 | |
| Other amounts payable | 47/48 | €48,189 | €44,203 | -€3,986 | -8.3% |
| Other operating charges | 640/8 | €900 | €397 | -€503 | -55.9% |
| Gross operating margin | 9900 | €22,285 | €16,995 | -€5,291 | -23.7% |
| Operating profit (loss) | 9901 | €21,385 | €16,597 | -€4,788 | -22.4% |
| Financial charges | 65/66B | €215 | €221 | +€6 | +2.8% |
| Recurring financial charges | 65 | €215 | €221 | +€6 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €21,170 | €16,376 | -€4,794 | -22.6% |
| Profit (loss) for the period | 9904 | €21,170 | €16,376 | -€4,794 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,170 | €16,376 | -€4,794 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.