WALBROU TECHNICS: what changed
WALBROU TECHNICS
Largest movements
- Stocks and contracts -€80,789
down €80,789 (-48.4%), from €166,793 to €86,004
of which Contracts in progress: -€82,139
- Tangible fixed assets -€63,743
down €63,743 (-30.6%), from €208,502 to €144,759
of which Leasing and similar rights: -€47,457
- Receivables within one year +€56,290
up €56,290 (+52.0%), from €108,343 to €164,633
of which Trade receivables: +€29,628
- Deferred charges and accrued income -€29,212
down €29,212 (-68.6%), from €42,600 to €13,388
- Cash -€6,936
down €6,936 (-100%), from €6,936 to €0
mainly Debts after one year (-€79,826) and Trade debts (-€62,701)
- Debts after one year -€79,826
down €79,826 (-58.3%), from €136,837 to €57,011
- Trade debts -€62,701
down €62,701 (-40.9%), from €153,313 to €90,612
- Short-term financial debts +€10,977
up €10,977 (+29.0%), from €37,804 to €48,781
- Accrued charges and deferred income +€7,894
up €7,894 (+62.8%), from €12,566 to €20,459
- Reserves +€6,918
up €6,918 (+3.3%), from €207,911 to €214,829
- Gross operating margin -€29,512
down €29,512 (-9.6%), from €308,302 to €278,790
- Depreciation -€25,353
down €25,353 (-24.4%), from €103,807 to €78,454
- Taxes -€4,972
down €4,972 (-67.6%), from €7,354 to €2,382
- Staff costs -€3,440
down €3,440 (-2.0%), from €171,725 to €168,285
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €648,799 | €521,909 | -€126,890 | -19.6% |
| Fixed assets | 21/28 | €221,627 | €155,385 | -€66,243 | -29.9% |
| Intangible fixed assets | 21 | €13,125 | €10,625 | -€2,500 | -19.0% |
| Tangible fixed assets | 22/27 | €208,502 | €144,759 | -€63,743 | -30.6% |
| Plant, machinery and equipment | 23 | €45,583 | €32,556 | -€13,028 | -28.6% |
| Furniture and vehicles | 24 | €16,846 | €8,137 | -€8,709 | -51.7% |
| Leasing and similar rights | 25 | €115,476 | €68,019 | -€47,457 | -41.1% |
| Other tangible fixed assets | 26 | €30,597 | €36,048 | +€5,451 | +17.8% |
| Current assets | 29/58 | €427,172 | €366,525 | -€60,648 | -14.2% |
| Amounts receivable after more than one year | 29 | €102,500 | €102,500 | = | 0.0% |
| Other amounts receivable | 291 | €102,500 | €102,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €166,793 | €86,004 | -€80,789 | -48.4% |
| Stocks | 30/36 | €30,756 | €32,106 | +€1,350 | +4.4% |
| Contracts in progress | 37 | €136,037 | €53,898 | -€82,139 | -60.4% |
| Amounts receivable within one year | 40/41 | €108,343 | €164,633 | +€56,290 | +52.0% |
| Trade receivables | 40 | €61,183 | €90,812 | +€29,628 | +48.4% |
| Other amounts receivable | 41 | €47,160 | €73,821 | +€26,661 | +56.5% |
| Cash at bank and in hand | 54/58 | €6,936 | €0 | -€6,936 | -100% |
| Deferred charges and accrued income | 490/1 | €42,600 | €13,388 | -€29,212 | -68.6% |
| Total equity and liabilities | 10/49 | €648,799 | €521,909 | -€126,890 | -19.6% |
| Equity | 10/15 | €212,711 | €219,629 | +€6,918 | +3.3% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €207,911 | €214,829 | +€6,918 | +3.3% |
| Distributable reserves | 133 | €207,911 | €214,829 | +€6,918 | +3.3% |
| Amounts payable | 17/49 | €436,088 | €302,280 | -€133,809 | -30.7% |
| Amounts payable after more than one year | 17 | €136,837 | €57,011 | -€79,826 | -58.3% |
| Financial debts | 170/4 | €136,837 | €57,011 | -€79,826 | -58.3% |
| Amounts payable within one year | 42/48 | €286,686 | €224,810 | -€61,876 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €85,463 | €80,410 | -€5,053 | -5.9% |
| Financial debts | 43 | €37,804 | €48,781 | +€10,977 | +29.0% |
| Credit institutions | 430/8 | €37,804 | €48,781 | +€10,977 | +29.0% |
| Trade debts | 44 | €153,313 | €90,612 | -€62,701 | -40.9% |
| Suppliers | 440/4 | €153,313 | €90,612 | -€62,701 | -40.9% |
| Taxes, remuneration and social security | 45 | €10,106 | €5,007 | -€5,099 | -50.5% |
| Taxes | 450/3 | €1,012 | €198 | -€814 | -80.4% |
| Remuneration and social security | 454/9 | €9,095 | €4,809 | -€4,285 | -47.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €12,566 | €20,459 | +€7,894 | +62.8% |
| Remuneration, social security and pensions | 62 | €171,725 | €168,285 | -€3,440 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,807 | €78,454 | -€25,353 | -24.4% |
| Other operating charges | 640/8 | €9,196 | €8,261 | -€936 | -10.2% |
| Gross operating margin | 9900 | €308,302 | €278,790 | -€29,512 | -9.6% |
| Operating profit (loss) | 9901 | €23,575 | €23,791 | +€216 | +0.9% |
| Financial income | 75/76B | €3,929 | €6,387 | +€2,458 | +62.6% |
| Recurring financial income | 75 | €3,929 | €6,387 | +€2,458 | +62.6% |
| Financial charges | 65/66B | €17,989 | €20,877 | +€2,888 | +16.1% |
| Recurring financial charges | 65 | €17,989 | €20,877 | +€2,888 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €9,514 | €9,300 | -€214 | -2.2% |
| Income taxes | 67/77 | €7,354 | €2,382 | -€4,972 | -67.6% |
| Profit (loss) for the period | 9904 | €2,160 | €6,918 | +€4,758 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €2,160 | €6,918 | +€4,758 | +220% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.