WALHIMMO: 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.
WALHIMMO
Largest movements
- Cash +€18,586
up €18,586 (+100.8%), from €18,442 to €37,028
mainly Net result for the year (+€12,622) and Depreciation (+€6,130)
- Tangible fixed assets -€6,130
down €6,130 (-3.9%), from €159,102 to €152,972
of which Land and buildings: -€6,130
- Profit (loss) carried forward +€12,622
up €12,622 (+4.9%), from -€258,884 to -€246,262
- Gross operating margin +€10,723
up €10,723 (+88.9%), from €12,066 to €22,789
- Purchases and services -€4,397
down €4,397 (-37.1%), from €11,845 to €7,448
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.
Cash bridge derived
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 | €178,601 | €191,223 | +€12,622 | +7.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €159,102 | €152,972 | -€6,130 | -3.9% |
| Tangible fixed assets | 22/27 | €159,102 | €152,972 | -€6,130 | -3.9% |
| Land and buildings | 22 | €159,102 | €152,972 | -€6,130 | -3.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €19,499 | €38,252 | +€18,753 | +96.2% |
| Cash at bank and in hand | 54/58 | €18,442 | €37,028 | +€18,586 | +100.8% |
| Deferred charges and accrued income | 490/1 | €1,057 | €1,224 | +€166 | +15.7% |
| Total equity and liabilities | 10/49 | €178,601 | €191,223 | +€12,622 | +7.1% |
| Equity | 10/15 | -€53,884 | -€41,262 | +€12,622 | +23.4% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,884 | -€246,262 | +€12,622 | +4.9% |
| Amounts payable | 17/49 | €232,485 | €232,485 | = | 0.0% |
| Amounts payable within one year | 42/48 | €232,485 | €232,485 | = | 0.0% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €232,485 | €232,485 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,845 | €7,448 | -€4,397 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,130 | €6,130 | = | 0.0% |
| Other operating charges | 640/8 | €3,841 | €3,961 | +€120 | +3.1% |
| Gross operating margin | 9900 | €12,066 | €22,789 | +€10,723 | +88.9% |
| Operating profit (loss) | 9901 | €2,095 | €12,698 | +€10,602 | +506.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €74 | €76 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €76 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €2,022 | €12,622 | +€10,600 | +524.3% |
| Profit (loss) for the period | 9904 | €2,022 | €12,622 | +€10,600 | +524.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,022 | €12,622 | +€10,600 | +524.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.