WALDECK: 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.
WALDECK
Largest movements
- Receivables within one year +€4,804
up €4,804 (+19.3%), from €24,861 to €29,665
- Tangible fixed assets -€3,519
down €3,519 (-56.7%), from €6,210 to €2,691
of which Plant, machinery and equipment: -€3,348
- Cash -€3,092
no longer reported in 2023 (was €3,092)
mainly Trade debts (-€10,221) and Receivables within one year (-€4,804)
- Stocks and contracts -€625
down €625 (-3.3%), from €18,946 to €18,321
- Trade debts -€10,221
down €10,221 (-48.0%), from €21,298 to €11,077
- Profit (loss) carried forward +€3,690
up €3,690 (+191.0%), from €1,932 to €5,622
- Tax, wage and social debts +€2,026
up €2,026 (+16.9%), from €12,009 to €14,035
- Accrued charges and deferred income +€1,216
new in 2023: €1,216
- Short-term financial debts +€857
new in 2023: €857
- Taxes +€681
up €681 (+45.4%), from €1,500 to €2,181
- Other operating charges +€651
up €651 (+155.5%), from €419 to €1,070
- Gross operating margin -€241
down €241 (-2.1%), from €11,446 to €11,205
- Financial income +€135
up €135 (+22513.3%), from €1 to €136
- Financial charges +€133
up €133 (+17.8%), from €748 to €881
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,699 | €53,267 | -€2,432 | -4.4% |
| Fixed assets | 21/28 | €8,790 | €5,271 | -€3,519 | -40.0% |
| Tangible fixed assets | 22/27 | €6,210 | €2,691 | -€3,519 | -56.7% |
| Plant, machinery and equipment | 23 | €6,038 | €2,691 | -€3,348 | -55.4% |
| Furniture and vehicles | 24 | €171 | - | -€171 | |
| Financial fixed assets | 28 | €2,580 | €2,580 | = | 0.0% |
| Current assets | 29/58 | €46,909 | €47,996 | +€1,087 | +2.3% |
| Stocks and contracts in progress | 3 | €18,946 | €18,321 | -€625 | -3.3% |
| Stocks | 30/36 | €18,946 | €18,321 | -€625 | -3.3% |
| Amounts receivable within one year | 40/41 | €24,861 | €29,665 | +€4,804 | +19.3% |
| Other amounts receivable | 41 | €24,861 | €29,665 | +€4,804 | +19.3% |
| Cash at bank and in hand | 54/58 | €3,092 | - | -€3,092 | |
| Deferred charges and accrued income | 490/1 | €10 | €10 | = | 0.0% |
| Total equity and liabilities | 10/49 | €55,699 | €53,267 | -€2,432 | -4.4% |
| Equity | 10/15 | €22,392 | €26,082 | +€3,690 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,932 | €5,622 | +€3,690 | +191.0% |
| Amounts payable | 17/49 | €33,307 | €27,185 | -€6,122 | -18.4% |
| Amounts payable within one year | 42/48 | €33,307 | €25,969 | -€7,338 | -22.0% |
| Financial debts | 43 | - | €857 | +€857 | |
| Credit institutions | 430/8 | - | €857 | +€857 | |
| Trade debts | 44 | €21,298 | €11,077 | -€10,221 | -48.0% |
| Suppliers | 440/4 | €21,298 | €11,077 | -€10,221 | -48.0% |
| Taxes, remuneration and social security | 45 | €12,009 | €14,035 | +€2,026 | +16.9% |
| Taxes | 450/3 | €12,009 | €14,035 | +€2,026 | +16.9% |
| Accrued charges and deferred income | 492/3 | - | €1,216 | +€1,216 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,644 | €3,519 | -€125 | -3.4% |
| Other operating charges | 640/8 | €419 | €1,070 | +€651 | +155.5% |
| Gross operating margin | 9900 | €11,446 | €11,205 | -€241 | -2.1% |
| Operating profit (loss) | 9901 | €7,384 | €6,616 | -€768 | -10.4% |
| Financial income | 75/76B | €1 | €136 | +€135 | +22513.3% |
| Recurring financial income | 75 | €1 | €136 | +€135 | +22513.3% |
| Financial charges | 65/66B | €748 | €881 | +€133 | +17.8% |
| Recurring financial charges | 65 | €748 | €881 | +€133 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €6,637 | €5,871 | -€766 | -11.5% |
| Income taxes | 67/77 | €1,500 | €2,181 | +€681 | +45.4% |
| Profit (loss) for the period | 9904 | €5,137 | €3,690 | -€1,447 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,137 | €3,690 | -€1,447 | -28.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.