Walid: 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.
Walid
Largest movements
- Tangible fixed assets +€374,662
up €374,662 (+3356.4%), from €11,163 to €385,825
of which Land and buildings: +€378,411
- Receivables within one year -€27,207
down €27,207 (-60.5%), from €45,000 to €17,793
of which Other amounts receivable: -€42,317
- Cash -€5,026
down €5,026 (-64.1%), from €7,847 to €2,821
mainly Investment in fixed assets (net) (-€395,199) and Stocks and contracts (-€3,797)
- Other debts +€304,524
up €304,524 (+12823.1%), from €2,375 to €306,899
- Tax, wage and social debts +€40,374
up €40,374 (+314.1%), from €12,854 to €53,228
of which Remuneration and social security: +€47,695
- Trade debts +€5,659
up €5,659 (+244.3%), from €2,316 to €7,975
- Gross operating margin +€92,865
up €92,865 (+126.9%), from €73,184 to €166,048
- Staff costs +€47,749
up €47,749 (+119.9%), from €39,818 to €87,566
- Other operating charges +€43,159
up €43,159 (+409.2%), from €10,547 to €53,706
- Depreciation +€10,112
up €10,112 (+97.0%), from €10,425 to €20,537
- Taxes -€2,846
down €2,846 (-81.8%), from €3,478 to €632
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,117 | €455,342 | +€346,226 | +317.3% |
| Fixed assets | 21/28 | €17,523 | €392,185 | +€374,662 | +2138.1% |
| Tangible fixed assets | 22/27 | €11,163 | €385,825 | +€374,662 | +3356.4% |
| Land and buildings | 22 | - | €378,411 | +€378,411 | |
| Plant, machinery and equipment | 23 | €3,112 | €4,759 | +€1,646 | +52.9% |
| Furniture and vehicles | 24 | €8,050 | €2,655 | -€5,395 | -67.0% |
| Financial fixed assets | 28 | €6,360 | €6,360 | = | 0.0% |
| Current assets | 29/58 | €91,594 | €63,158 | -€28,436 | -31.0% |
| Stocks and contracts in progress | 3 | €38,747 | €42,544 | +€3,797 | +9.8% |
| Stocks | 30/36 | €38,747 | €42,544 | +€3,797 | +9.8% |
| Amounts receivable within one year | 40/41 | €45,000 | €17,793 | -€27,207 | -60.5% |
| Trade receivables | 40 | - | €15,110 | +€15,110 | |
| Other amounts receivable | 41 | €45,000 | €2,683 | -€42,317 | -94.0% |
| Cash at bank and in hand | 54/58 | €7,847 | €2,821 | -€5,026 | -64.1% |
| Total equity and liabilities | 10/49 | €109,117 | €455,342 | +€346,226 | +317.3% |
| Equity | 10/15 | €81,282 | €83,811 | +€2,529 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €73,222 | €75,751 | +€2,529 | +3.5% |
| Amounts payable | 17/49 | €27,835 | €371,532 | +€343,697 | +1234.8% |
| Amounts payable after more than one year | 17 | €3,430 | - | -€3,430 | |
| Financial debts | 170/4 | €3,430 | - | -€3,430 | |
| Amounts payable within one year | 42/48 | €24,405 | €371,532 | +€347,127 | +1422.4% |
| Current portion of amounts payable after more than one year | 42 | €6,860 | €3,430 | -€3,430 | -50.0% |
| Trade debts | 44 | €2,316 | €7,975 | +€5,659 | +244.3% |
| Suppliers | 440/4 | €2,316 | €7,975 | +€5,659 | +244.3% |
| Taxes, remuneration and social security | 45 | €12,854 | €53,228 | +€40,374 | +314.1% |
| Taxes | 450/3 | €8,950 | €1,629 | -€7,321 | -81.8% |
| Remuneration and social security | 454/9 | €3,904 | €51,598 | +€47,695 | +1221.8% |
| Other amounts payable | 47/48 | €2,375 | €306,899 | +€304,524 | +12823.1% |
| Remuneration, social security and pensions | 62 | €39,818 | €87,566 | +€47,749 | +119.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,425 | €20,537 | +€10,112 | +97.0% |
| Other operating charges | 640/8 | €10,547 | €53,706 | +€43,159 | +409.2% |
| Gross operating margin | 9900 | €73,184 | €166,048 | +€92,865 | +126.9% |
| Operating profit (loss) | 9901 | €12,395 | €4,239 | -€8,155 | -65.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €383 | €1,079 | +€695 | +181.4% |
| Recurring financial charges | 65 | €383 | €1,079 | +€695 | +181.4% |
| Profit (loss) for the period before taxes | 9903 | €12,011 | €3,161 | -€8,850 | -73.7% |
| Income taxes | 67/77 | €3,478 | €632 | -€2,846 | -81.8% |
| Profit (loss) for the period | 9904 | €8,533 | €2,529 | -€6,004 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,533 | €2,529 | -€6,004 | -70.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.