WALDAN GROEP: what changed
What changed
WALDAN GROEP
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €544,437+€952,028
Equity
€10.8m
2024 · €9.3m+€1.5m
Cash
€15,182
2024 · €46,295-€31,113
Balance sheet total
€13.0m
2024 · €13.4m-€394,797
Largest movements
Assets
- Stocks and contracts -€273,000
down €273,000 (-29.3%), from €931,570 to €658,570
Equity and liabilities
- Other debts -€1.9m
down €1.9m (-55.6%), from €3.5m to €1.5m
- Profit (loss) carried forward +€1.5m
up €1.5m (+158%), from €948,877 to €2.4m
- Trade debts +€150,273
up €150,273 (+34.4%), from €436,957 to €587,230
Income statement
- Financial income +€622,135
up €622,135 (+34.6%), from €1.8m to €2.4m
- Goods and materials +€329,027
up €329,027 (+636%), from €51,728 to €380,755
of which Change in stocks: decrease (increase): +€273,000
- Other operating income +€218,080
up €218,080 (+119%), from €182,561 to €400,642
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.
Result 2024
€544,437
Staff costs
-€3,613
Depreciation
+€6,219
Other operating charges
+€1,981
Other operating items
+€195,457
Financial income
+€622,135
Financial charges
+€131,306
Taxes
-€1,455
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€70,483
Investment
+€39,370
Financing
€0
Cash 2024
€46,295
From operations (derived)
-€70,483
Net result for the year
+€1.5m
Depreciation
+€494
Stocks and contracts
+€273,000
Receivables within one year
+€57,238
Deferred charges and accrued income
-€6,418
Trade debts
+€150,273
Tax, wage and social debts
+€2,553
Other debts
-€1.9m
Accrued charges and deferred income
-€105,458
Investment (derived)
+€39,370
Investment in fixed assets (net)
+€39,370
Cash 2025
€15,182
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,365,312 | €12,970,515 | -€394,797 | -3.0% |
| Fixed assets | 21/28 | €7,648,974 | €7,609,110 | -€39,863 | -0.5% |
| Tangible fixed assets | 22/27 | €51,140 | €11,277 | -€39,863 | -77.9% |
| Plant, machinery and equipment | 23 | - | €11,277 | +€11,277 | |
| Furniture and vehicles | 24 | €51,140 | €0 | -€51,140 | -100% |
| Financial fixed assets | 28 | €7,597,834 | €7,597,834 | = | 0.0% |
| Affiliated companies | 280/1 | €7,597,834 | €7,597,834 | = | 0.0% |
| Participating interests | 280 | €7,597,834 | €7,597,834 | = | 0.0% |
| Current assets | 29/58 | €5,716,338 | €5,361,405 | -€354,934 | -6.2% |
| Amounts receivable after more than one year | 29 | €1,270,000 | €1,270,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,270,000 | €1,270,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €931,570 | €658,570 | -€273,000 | -29.3% |
| Stocks | 30/36 | €931,570 | €658,570 | -€273,000 | -29.3% |
| Goods purchased for resale | 34 | €931,570 | €658,570 | -€273,000 | -29.3% |
| Amounts receivable within one year | 40/41 | €3,468,473 | €3,411,235 | -€57,238 | -1.7% |
| Trade receivables | 40 | €77,018 | €182,362 | +€105,344 | +137% |
| Other amounts receivable | 41 | €3,391,456 | €3,228,873 | -€162,582 | -4.8% |
| Cash at bank and in hand | 54/58 | €46,295 | €15,182 | -€31,113 | -67.2% |
| Deferred charges and accrued income | 490/1 | €0 | €6,418 | +€6,418 | |
| Total equity and liabilities | 10/49 | €13,365,312 | €12,970,515 | -€394,797 | -3.0% |
| Equity | 10/15 | €9,329,978 | €10,826,443 | +€1.5m | +16.0% |
| Contributions | 10/11 | €3,675,000 | €3,675,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,896,367 | €1,896,367 | = | 0.0% |
| Reserves | 13 | €2,809,734 | €2,809,734 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,809,734 | €2,809,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | €948,877 | €2,445,342 | +€1.5m | +158% |
| Amounts payable | 17/49 | €4,035,334 | €2,144,072 | -€1.9m | -46.9% |
| Amounts payable within one year | 42/48 | €3,923,936 | €2,138,133 | -€1.8m | -45.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €436,957 | €587,230 | +€150,273 | +34.4% |
| Suppliers | 440/4 | €436,957 | €587,230 | +€150,273 | +34.4% |
| Taxes, remuneration and social security | 45 | €571 | €3,123 | +€2,553 | +447% |
| Taxes | 450/3 | €571 | €3,123 | +€2,553 | +447% |
| Other amounts payable | 47/48 | €3,486,409 | €1,547,779 | -€1.9m | -55.6% |
| Accrued charges and deferred income | 492/3 | €111,398 | €5,940 | -€105,458 | -94.7% |
| Operating income | 70/76A | €204,161 | €489,292 | +€285,131 | +140% |
| Other operating income | 74 | €182,561 | €400,642 | +€218,080 | +119% |
| Non-recurring operating income | 76A | €21,600 | €88,650 | +€67,050 | +310% |
| Operating charges | 60/66A | €1,233,657 | €1,318,745 | +€85,088 | +6.9% |
| Goods for resale, raw materials and consumables | 60 | €51,728 | €380,755 | +€329,027 | +636% |
| Purchases | 600/8 | €51,728 | €107,755 | +€56,027 | +108% |
| Change in stocks: decrease (increase) | 609 | - | €273,000 | +€273,000 | |
| Services and other goods | 61 | €588,637 | €671,030 | +€82,393 | +14.0% |
| Remuneration, social security and pensions | 62 | -€634 | €2,979 | +€3,613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,712 | €494 | -€6,219 | -92.6% |
| Other operating charges | 640/8 | €12,424 | €10,443 | -€1,981 | -15.9% |
| Non-recurring operating charges | 66A | €574,789 | €253,043 | -€321,745 | -56.0% |
| Operating profit (loss) | 9901 | -€1,029,496 | -€829,453 | +€200,043 | +19.4% |
| Financial income | 75/76B | €1,799,578 | €2,421,713 | +€622,135 | +34.6% |
| Recurring financial income | 75 | €1,799,578 | €2,421,713 | +€622,135 | +34.6% |
| Income from financial fixed assets | 750 | €0 | €2,386,567 | +€2.4m | |
| Income from current assets | 751 | €1,792,879 | €35,006 | -€1.8m | -98.0% |
| Other financial income | 752/9 | €6,699 | €139 | -€6,560 | -97.9% |
| Financial charges | 65/66B | €225,645 | €94,339 | -€131,306 | -58.2% |
| Recurring financial charges | 65 | €225,645 | €94,339 | -€131,306 | -58.2% |
| Debt charges | 650 | €222,627 | €90,818 | -€131,808 | -59.2% |
| Other financial charges | 652/9 | €3,018 | €3,521 | +€503 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €544,437 | €1,497,921 | +€953,483 | +175% |
| Income taxes | 67/77 | €0 | €1,455 | +€1,455 | |
| Taxes | 670/3 | - | €1,455 | +€1,455 | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €544,437 | €1,496,465 | +€952,028 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €544,437 | €1,496,465 | +€952,028 | +175% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.