WALBOS: 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.
WALBOS
Largest movements
- Tangible fixed assets -€51,519
down €51,519 (-3.0%), from €1.7m to €1.6m
- Cash -€26,001
down €26,001 (-80.8%), from €32,181 to €6,180
mainly Net result for the year (-€169,497) and Debts after one year (-€75,000)
- Profit (loss) carried forward -€169,497
down €169,497 (-14.2%), from -€1.2m to -€1.4m
- Other debts +€142,160
up €142,160 (+27.6%), from €515,722 to €657,882
- Debts after one year -€75,000
down €75,000 (-7.5%), from €1.0m to €931,250
- Trade debts +€25,053
up €25,053 (+123.8%), from €20,228 to €45,281
- Gross operating margin -€23,091
down €23,091 (-68.2%), from -€33,839 to -€56,929
- Financial charges +€14,761
up €14,761 (+35.7%), from €41,310 to €56,071
- Depreciation +€888
up €888 (+1.8%), from €50,632 to €51,519
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,724,243 | €1,646,959 | -€77,284 | -4.5% |
| Fixed assets | 21/28 | €1,690,828 | €1,639,308 | -€51,519 | -3.0% |
| Tangible fixed assets | 22/27 | €1,690,828 | €1,639,308 | -€51,519 | -3.0% |
| Land and buildings | 22 | €1,690,828 | €1,639,308 | -€51,519 | -3.0% |
| Current assets | 29/58 | €33,415 | €7,650 | -€25,765 | -77.1% |
| Cash at bank and in hand | 54/58 | €32,181 | €6,180 | -€26,001 | -80.8% |
| Deferred charges and accrued income | 490/1 | €1,234 | €1,471 | +€237 | +19.2% |
| Total equity and liabilities | 10/49 | €1,724,243 | €1,646,959 | -€77,284 | -4.5% |
| Equity | 10/15 | €107,042 | -€62,455 | -€169,497 | |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,192,958 | -€1,362,455 | -€169,497 | -14.2% |
| Amounts payable | 17/49 | €1,617,200 | €1,709,413 | +€92,213 | +5.7% |
| Amounts payable after more than one year | 17 | €1,006,250 | €931,250 | -€75,000 | -7.5% |
| Financial debts | 170/4 | €1,006,250 | €931,250 | -€75,000 | -7.5% |
| Amounts payable within one year | 42/48 | €610,950 | €778,163 | +€167,213 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €20,228 | €45,281 | +€25,053 | +123.8% |
| Suppliers | 440/4 | €20,228 | €45,281 | +€25,053 | +123.8% |
| Other amounts payable | 47/48 | €515,722 | €657,882 | +€142,160 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,632 | €51,519 | +€888 | +1.8% |
| Other operating charges | 640/8 | €5,282 | €4,977 | -€305 | -5.8% |
| Gross operating margin | 9900 | -€33,839 | -€56,929 | -€23,091 | -68.2% |
| Operating profit (loss) | 9901 | -€89,753 | -€113,426 | -€23,673 | -26.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €41,310 | €56,071 | +€14,761 | +35.7% |
| Recurring financial charges | 65 | €41,310 | €56,071 | +€14,761 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€131,063 | -€169,497 | -€38,434 | -29.3% |
| Profit (loss) for the period | 9904 | -€131,063 | -€169,497 | -€38,434 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,063 | -€169,497 | -€38,434 | -29.3% |
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.