Walcome: 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.
Walcome
Largest movements
- Receivables after one year -€91,185
down €91,185 (-70.2%), from €129,817 to €38,632
- Tangible fixed assets +€36,036
up €36,036 (+4.4%), from €820,382 to €856,418
of which Land and buildings: +€47,008
- Receivables within one year -€15,773
down €15,773 (-96.1%), from €16,420 to €647
of which Trade receivables: -€7,890
- Profit (loss) carried forward -€54,939
down €54,939 (-57.8%), from -€95,045 to -€149,984
- Gross operating margin -€12,835
down €12,835 (-220%), from -€5,838 to -€18,673
- Write-downs -€10,778
no longer reported in 2025 (was €10,778)
- Depreciation -€7,318
down €7,318 (-27.5%), from €26,607 to €19,289
- Financial charges -€1,551
down €1,551 (-19.8%), from €7,826 to €6,276
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 | €1,008,392 | €940,675 | -€67,717 | -6.7% |
| Fixed assets | 21/28 | €820,382 | €856,418 | +€36,036 | +4.4% |
| Tangible fixed assets | 22/27 | €820,382 | €856,418 | +€36,036 | +4.4% |
| Land and buildings | 22 | €803,363 | €850,371 | +€47,008 | +5.9% |
| Plant, machinery and equipment | 23 | €8,525 | €6,047 | -€2,478 | -29.1% |
| Furniture and vehicles | 24 | €8,494 | - | -€8,494 | |
| Current assets | 29/58 | €188,010 | €84,256 | -€103,754 | -55.2% |
| Amounts receivable after more than one year | 29 | €129,817 | €38,632 | -€91,185 | -70.2% |
| Other amounts receivable | 291 | €129,817 | €38,632 | -€91,185 | -70.2% |
| Amounts receivable within one year | 40/41 | €16,420 | €647 | -€15,773 | -96.1% |
| Trade receivables | 40 | €8,537 | €647 | -€7,890 | -92.4% |
| Other amounts receivable | 41 | €7,883 | - | -€7,883 | |
| Cash at bank and in hand | 54/58 | €39,278 | €43,876 | +€4,597 | +11.7% |
| Deferred charges and accrued income | 490/1 | €2,495 | €1,102 | -€1,393 | -55.8% |
| Total equity and liabilities | 10/49 | €1,008,392 | €940,675 | -€67,717 | -6.7% |
| Equity | 10/15 | €726,587 | €671,648 | -€54,939 | -7.6% |
| Contributions | 10/11 | €196,200 | €196,200 | = | 0.0% |
| Revaluation surpluses | 12 | €625,432 | €625,432 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,045 | -€149,984 | -€54,939 | -57.8% |
| Amounts payable | 17/49 | €281,805 | €269,027 | -€12,778 | -4.5% |
| Amounts payable after more than one year | 17 | €187,000 | €187,000 | = | 0.0% |
| Other amounts payable | 178/9 | €187,000 | €187,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €94,805 | €82,027 | -€12,778 | -13.5% |
| Trade debts | 44 | €4,586 | €1,919 | -€2,667 | -58.2% |
| Suppliers | 440/4 | €4,586 | €1,919 | -€2,667 | -58.2% |
| Taxes, remuneration and social security | 45 | €3,224 | €2,745 | -€480 | -14.9% |
| Taxes | 450/3 | €3,224 | €2,745 | -€480 | -14.9% |
| Other amounts payable | 47/48 | €86,995 | €77,363 | -€9,632 | -11.1% |
| Non-recurring operating income | 76A | €11,149 | €11,006 | -€143 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,607 | €19,289 | -€7,318 | -27.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,778 | - | -€10,778 | |
| Other operating charges | 640/8 | €10,083 | €10,151 | +€68 | +0.7% |
| Non-recurring operating charges | 66A | - | €399 | +€399 | |
| Gross operating margin | 9900 | -€5,838 | -€18,673 | -€12,835 | -220% |
| Operating profit (loss) | 9901 | -€53,307 | -€48,512 | +€4,795 | +9.0% |
| Financial charges | 65/66B | €7,826 | €6,276 | -€1,551 | -19.8% |
| Recurring financial charges | 65 | €7,826 | €6,276 | -€1,551 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€61,133 | -€54,788 | +€6,345 | +10.4% |
| Income taxes | 67/77 | €304 | €151 | -€152 | -50.2% |
| Profit (loss) for the period | 9904 | -€61,437 | -€54,939 | +€6,498 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,437 | -€54,939 | +€6,498 | +10.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.