WALCARIUS INTERNATIONAL: what changed
Two financial 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.
WALCARIUS INTERNATIONAL
Largest movements
- Tangible fixed assets -€27,343
down €27,343 (-5.6%), from €485,340 to €457,996
of which Land and buildings: -€21,622
- Cash -€7,272
down €7,272 (-78.9%), from €9,217 to €1,945
mainly Debts after one year (-€32,028) and Advances received (-€8,475)
- Debts after one year -€32,028
down €32,028 (-11.1%), from €288,435 to €256,407
- Advances received -€8,475
no longer reported in 2025 (was €8,475)
- Reserves +€7,851
up €7,851 (+31.4%), from €24,979 to €32,830
- Other debts -€7,354
down €7,354 (-14.3%), from €51,579 to €44,224
- Trade debts +€6,032
up €6,032 (+162%), from €3,729 to €9,761
- Gross operating margin +€1,712
up €1,712 (+3.6%), from €47,803 to €49,515
- Financial charges -€1,666
down €1,666 (-15.6%), from €10,699 to €9,033
- Taxes +€1,219
up €1,219 (+45.0%), from €2,709 to €3,928
- Other operating charges -€508
down €508 (-46.1%), from €1,100 to €593
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.
Derived cash bridge
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 | €506,133 | €470,235 | -€35,898 | -7.1% |
| Fixed assets | 21/28 | €493,593 | €465,450 | -€28,143 | -5.7% |
| Intangible fixed assets | 21 | €5,133 | €4,333 | -€800 | -15.6% |
| Tangible fixed assets | 22/27 | €485,340 | €457,996 | -€27,343 | -5.6% |
| Land and buildings | 22 | €460,280 | €438,658 | -€21,622 | -4.7% |
| Plant, machinery and equipment | 23 | €25,060 | €19,338 | -€5,722 | -22.8% |
| Financial fixed assets | 28 | €3,120 | €3,120 | = | 0.0% |
| Current assets | 29/58 | €12,540 | €4,785 | -€7,755 | -61.8% |
| Stocks and contracts in progress | 3 | €3,015 | €1,333 | -€1,682 | -55.8% |
| Stocks | 30/36 | €2,845 | €1,333 | -€1,512 | -53.2% |
| Contracts in progress | 37 | €170 | - | -€170 | |
| Amounts receivable within one year | 40/41 | €308 | €1,508 | +€1,200 | +390% |
| Trade receivables | 40 | €151 | €633 | +€482 | +318% |
| Other amounts receivable | 41 | €157 | €875 | +€718 | +459% |
| Cash at bank and in hand | 54/58 | €9,217 | €1,945 | -€7,272 | -78.9% |
| Total equity and liabilities | 10/49 | €506,133 | €470,235 | -€35,898 | -7.1% |
| Equity | 10/15 | €113,332 | €121,183 | +€7,851 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,979 | €32,830 | +€7,851 | +31.4% |
| Distributable reserves | 133 | €24,979 | €32,830 | +€7,851 | +31.4% |
| Profit (loss) carried forward | 14 | €69,753 | €69,753 | = | 0.0% |
| Amounts payable | 17/49 | €392,801 | €349,052 | -€43,749 | -11.1% |
| Amounts payable after more than one year | 17 | €288,435 | €256,407 | -€32,028 | -11.1% |
| Financial debts | 170/4 | €288,435 | €256,407 | -€32,028 | -11.1% |
| Amounts payable within one year | 42/48 | €104,366 | €92,645 | -€11,721 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €30,199 | €31,028 | +€829 | +2.7% |
| Trade debts | 44 | €3,729 | €9,761 | +€6,032 | +162% |
| Suppliers | 440/4 | €3,729 | €9,761 | +€6,032 | +162% |
| Advances received on contracts in progress | 46 | €8,475 | - | -€8,475 | |
| Taxes, remuneration and social security | 45 | €10,384 | €7,632 | -€2,752 | -26.5% |
| Taxes | 450/3 | €10,384 | €7,632 | -€2,752 | -26.5% |
| Other amounts payable | 47/48 | €51,579 | €44,224 | -€7,354 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,055 | €28,143 | +€89 | +0.3% |
| Other operating charges | 640/8 | €1,100 | €593 | -€508 | -46.1% |
| Gross operating margin | 9900 | €47,803 | €49,515 | +€1,712 | +3.6% |
| Operating profit (loss) | 9901 | €18,648 | €20,779 | +€2,131 | +11.4% |
| Financial income | 75/76B | €76 | €33 | -€43 | -56.9% |
| Recurring financial income | 75 | €76 | €33 | -€43 | -56.9% |
| Financial charges | 65/66B | €10,699 | €9,033 | -€1,666 | -15.6% |
| Recurring financial charges | 65 | €10,699 | €9,033 | -€1,666 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €8,025 | €11,779 | +€3,754 | +46.8% |
| Income taxes | 67/77 | €2,709 | €3,928 | +€1,219 | +45.0% |
| Profit (loss) for the period | 9904 | €5,316 | €7,851 | +€2,535 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,316 | €7,851 | +€2,535 | +47.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.