WALIDCO: 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.
WALIDCO
Largest movements
- Cash -€22,642
down €22,642 (-95.6%), from €23,677 to €1,035
mainly Debts after one year (-€57,780) and Receivables within one year (-€15,749)
- Receivables within one year +€15,749
up €15,749 (+111.1%), from €14,176 to €29,925
- Tangible fixed assets -€13,532
down €13,532 (-32.3%), from €41,941 to €28,410
of which Leasing and similar rights: -€9,390
- Debts after one year -€57,780
down €57,780 (-50.9%), from €113,529 to €55,749
- Profit (loss) carried forward +€37,052
up €37,052 (+40.5%), from -€91,403 to -€54,351
- Tax, wage and social debts -€7,666
down €7,666 (-23.8%), from €32,187 to €24,522
of which Taxes: -€6,072
- Trade debts +€6,795
up €6,795 (+567.0%), from €1,198 to €7,993
- Gross operating margin -€47,528
down €47,528 (-28.5%), from €166,616 to €119,088
- Staff costs -€17,054
down €17,054 (-20.6%), from €82,624 to €65,570
- Depreciation +€2,843
up €2,843 (+24.3%), from €11,718 to €14,561
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 | €81,630 | €60,765 | -€20,866 | -25.6% |
| Fixed assets | 21/28 | €42,127 | €28,596 | -€13,532 | -32.1% |
| Tangible fixed assets | 22/27 | €41,941 | €28,410 | -€13,532 | -32.3% |
| Furniture and vehicles | 24 | €6,095 | €4,022 | -€2,074 | -34.0% |
| Leasing and similar rights | 25 | €30,769 | €21,379 | -€9,390 | -30.5% |
| Other tangible fixed assets | 26 | €5,077 | €3,009 | -€2,068 | -40.7% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €39,503 | €32,169 | -€7,334 | -18.6% |
| Amounts receivable within one year | 40/41 | €14,176 | €29,925 | +€15,749 | +111.1% |
| Trade receivables | 40 | €14,176 | €29,925 | +€15,749 | +111.1% |
| Cash at bank and in hand | 54/58 | €23,677 | €1,035 | -€22,642 | -95.6% |
| Deferred charges and accrued income | 490/1 | €1,649 | €1,209 | -€441 | -26.7% |
| Total equity and liabilities | 10/49 | €81,630 | €60,765 | -€20,866 | -25.6% |
| Equity | 10/15 | -€72,803 | -€35,751 | +€37,052 | +50.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,403 | -€54,351 | +€37,052 | +40.5% |
| Amounts payable | 17/49 | €154,433 | €96,516 | -€57,918 | -37.5% |
| Amounts payable after more than one year | 17 | €113,529 | €55,749 | -€57,780 | -50.9% |
| Financial debts | 170/4 | €113,529 | €55,749 | -€57,780 | -50.9% |
| Amounts payable within one year | 42/48 | €40,873 | €40,370 | -€502 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €7,487 | €7,856 | +€369 | +4.9% |
| Trade debts | 44 | €1,198 | €7,993 | +€6,795 | +567.0% |
| Suppliers | 440/4 | €1,198 | €7,993 | +€6,795 | +567.0% |
| Taxes, remuneration and social security | 45 | €32,187 | €24,522 | -€7,666 | -23.8% |
| Taxes | 450/3 | €15,808 | €9,736 | -€6,072 | -38.4% |
| Remuneration and social security | 454/9 | €16,379 | €14,785 | -€1,594 | -9.7% |
| Accrued charges and deferred income | 492/3 | €31 | €396 | +€365 | +1165.9% |
| Remuneration, social security and pensions | 62 | €82,624 | €65,570 | -€17,054 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,718 | €14,561 | +€2,843 | +24.3% |
| Other operating charges | 640/8 | €294 | €363 | +€68 | +23.3% |
| Gross operating margin | 9900 | €166,616 | €119,088 | -€47,528 | -28.5% |
| Operating profit (loss) | 9901 | €71,980 | €38,595 | -€33,385 | -46.4% |
| Financial income | 75/76B | €240 | - | -€240 | |
| Recurring financial income | 75 | €240 | - | -€240 | |
| Financial charges | 65/66B | €1,772 | €1,368 | -€403 | -22.8% |
| Recurring financial charges | 65 | €1,772 | €1,368 | -€403 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €70,449 | €37,226 | -€33,222 | -47.2% |
| Income taxes | 67/77 | €169 | €174 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €70,279 | €37,052 | -€33,227 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,279 | €37,052 | -€33,227 | -47.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.