Walbroek Fields: 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.
Walbroek Fields
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€111,035
down €111,035 (-48.8%), from €227,453 to €116,418
mainly Current investments (-€200,000) and Receivables within one year (-€35,050)
- Receivables within one year +€35,050
up €35,050 (+225.1%), from €15,569 to €50,619
- Reserves +€127,020
up €127,020 (+69.3%), from €183,205 to €310,226
- Tax, wage and social debts -€4,822
down €4,822 (-11.1%), from €43,574 to €38,752
- Gross operating margin +€53,145
up €53,145 (+40.8%), from €130,253 to €183,398
- Taxes +€17,056
up €17,056 (+45.0%), from €37,862 to €54,918
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 | €254,353 | €375,694 | +€121,341 | +47.7% |
| Fixed assets | 21/28 | €5,763 | €3,315 | -€2,448 | -42.5% |
| Tangible fixed assets | 22/27 | €5,763 | €3,315 | -€2,448 | -42.5% |
| Plant, machinery and equipment | 23 | €546 | €0 | -€546 | -100.0% |
| Furniture and vehicles | 24 | €5,217 | €3,315 | -€1,902 | -36.5% |
| Current assets | 29/58 | €248,590 | €372,379 | +€123,789 | +49.8% |
| Amounts receivable within one year | 40/41 | €15,569 | €50,619 | +€35,050 | +225.1% |
| Trade receivables | 40 | €15,569 | €50,619 | +€35,050 | +225.1% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €227,453 | €116,418 | -€111,035 | -48.8% |
| Deferred charges and accrued income | 490/1 | €5,569 | €5,343 | -€226 | -4.1% |
| Total equity and liabilities | 10/49 | €254,353 | €375,694 | +€121,341 | +47.7% |
| Equity | 10/15 | €185,205 | €312,226 | +€127,020 | +68.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €183,205 | €310,226 | +€127,020 | +69.3% |
| Distributable reserves | 133 | €183,205 | €310,226 | +€127,020 | +69.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,148 | €63,469 | -€5,679 | -8.2% |
| Amounts payable within one year | 42/48 | €68,465 | €62,985 | -€5,480 | -8.0% |
| Trade debts | 44 | €1,585 | €3,285 | +€1,700 | +107.3% |
| Suppliers | 440/4 | €1,585 | €3,285 | +€1,700 | +107.3% |
| Taxes, remuneration and social security | 45 | €43,574 | €38,752 | -€4,822 | -11.1% |
| Taxes | 450/3 | €43,574 | €38,752 | -€4,822 | -11.1% |
| Other amounts payable | 47/48 | €23,307 | €20,948 | -€2,358 | -10.1% |
| Accrued charges and deferred income | 492/3 | €683 | €484 | -€199 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,945 | €2,448 | +€503 | +25.9% |
| Other operating charges | 640/8 | €38 | €400 | +€362 | +960.9% |
| Gross operating margin | 9900 | €130,253 | €183,398 | +€53,145 | +40.8% |
| Operating profit (loss) | 9901 | €128,270 | €180,550 | +€52,280 | +40.8% |
| Financial income | 75/76B | €2,565 | €3,745 | +€1,180 | +46.0% |
| Recurring financial income | 75 | €2,565 | €3,745 | +€1,180 | +46.0% |
| Financial charges | 65/66B | €863 | €690 | -€173 | -20.0% |
| Recurring financial charges | 65 | €863 | €690 | -€173 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €129,972 | €183,605 | +€53,633 | +41.3% |
| Income taxes | 67/77 | €37,862 | €54,918 | +€17,056 | +45.0% |
| Profit (loss) for the period | 9904 | €92,110 | €128,686 | +€36,576 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,110 | €128,686 | +€36,576 | +39.7% |
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 6 October 2026 via checked.be.