WALIGALI: 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.
WALIGALI
Largest movements
- Cash +€51,409
up €51,409 (+276%), from €18,649 to €70,058
mainly Depreciation (+€46,042) and Net result for the year (+€45,421)
- Stocks and contracts +€11,033
up €11,033 (+14.9%), from €74,216 to €85,249
- Tangible fixed assets -€9,661
down €9,661 (-3.9%), from €246,723 to €237,062
of which Land and buildings: -€17,595
- Reserves +€43,760
up €43,760 (+109%), from €40,000 to €83,760
- Other debts -€28,407
down €28,407 (-93.6%), from €30,340 to €1,933
- Debts after one year +€27,938
up €27,938 (+12.1%), from €230,514 to €258,452
of which Trade debts: +€32,500
- Tax, wage and social debts +€7,160
up €7,160 (+78.1%), from €9,171 to €16,331
of which Remuneration and social security: +€5,079
- Trade debts +€6,253
up €6,253 (+72.2%), from €8,663 to €14,916
- Gross operating margin +€38,850
up €38,850 (+38.3%), from €101,405 to €140,254
- Staff costs +€7,567
up €7,567 (+32.8%), from €23,095 to €30,662
- Taxes +€3,850
up €3,850 (+120%), from €3,216 to €7,067
- Depreciation +€3,784
up €3,784 (+9.0%), from €42,258 to €46,042
- Other operating charges +€3,489
up €3,489 (+288%), from €1,212 to €4,701
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.
Derived cash bridge
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 | €350,623 | €408,680 | +€58,057 | +16.6% |
| Fixed assets | 21/28 | €246,723 | €237,062 | -€9,661 | -3.9% |
| Tangible fixed assets | 22/27 | €246,723 | €237,062 | -€9,661 | -3.9% |
| Land and buildings | 22 | €183,751 | €166,155 | -€17,595 | -9.6% |
| Plant, machinery and equipment | 23 | €39,358 | €59,863 | +€20,504 | +52.1% |
| Furniture and vehicles | 24 | €23,614 | €11,044 | -€12,570 | -53.2% |
| Current assets | 29/58 | €103,899 | €171,618 | +€67,718 | +65.2% |
| Stocks and contracts in progress | 3 | €74,216 | €85,249 | +€11,033 | +14.9% |
| Stocks | 30/36 | €74,216 | €85,249 | +€11,033 | +14.9% |
| Amounts receivable within one year | 40/41 | €10,539 | €13,170 | +€2,631 | +25.0% |
| Trade receivables | 40 | €854 | €6,136 | +€5,282 | +619% |
| Other amounts receivable | 41 | €9,685 | €7,034 | -€2,651 | -27.4% |
| Cash at bank and in hand | 54/58 | €18,649 | €70,058 | +€51,409 | +276% |
| Deferred charges and accrued income | 490/1 | €495 | €3,140 | +€2,645 | +534% |
| Total equity and liabilities | 10/49 | €350,623 | €408,680 | +€58,057 | +16.6% |
| Equity | 10/15 | €46,214 | €89,985 | +€43,771 | +94.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,000 | €83,760 | +€43,760 | +109% |
| Distributable reserves | 133 | €40,000 | €83,760 | +€43,760 | +109% |
| Profit (loss) carried forward | 14 | €14 | €25 | +€11 | +76.2% |
| Amounts payable | 17/49 | €304,409 | €318,694 | +€14,286 | +4.7% |
| Amounts payable after more than one year | 17 | €230,514 | €258,452 | +€27,938 | +12.1% |
| Financial debts | 170/4 | €158,014 | €153,452 | -€4,562 | -2.9% |
| Trade debts | 175 | €72,500 | €105,000 | +€32,500 | +44.8% |
| Amounts payable within one year | 42/48 | €73,894 | €60,242 | -€13,652 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €25,720 | €27,062 | +€1,342 | +5.2% |
| Trade debts | 44 | €8,663 | €14,916 | +€6,253 | +72.2% |
| Suppliers | 440/4 | €8,663 | €14,916 | +€6,253 | +72.2% |
| Taxes, remuneration and social security | 45 | €9,171 | €16,331 | +€7,160 | +78.1% |
| Taxes | 450/3 | €5,659 | €7,740 | +€2,081 | +36.8% |
| Remuneration and social security | 454/9 | €3,512 | €8,592 | +€5,079 | +145% |
| Other amounts payable | 47/48 | €30,340 | €1,933 | -€28,407 | -93.6% |
| Remuneration, social security and pensions | 62 | €23,095 | €30,662 | +€7,567 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,258 | €46,042 | +€3,784 | +9.0% |
| Other operating charges | 640/8 | €1,212 | €4,701 | +€3,489 | +288% |
| Gross operating margin | 9900 | €101,405 | €140,254 | +€38,850 | +38.3% |
| Operating profit (loss) | 9901 | €34,840 | €58,849 | +€24,010 | +68.9% |
| Financial income | 75/76B | €0 | €28 | +€27 | +8,276% |
| Recurring financial income | 75 | €0 | €28 | +€27 | +8,276% |
| Financial charges | 65/66B | €3,571 | €6,390 | +€2,818 | +78.9% |
| Recurring financial charges | 65 | €3,571 | €6,390 | +€2,818 | +78.9% |
| Profit (loss) for the period before taxes | 9903 | €31,269 | €52,487 | +€21,219 | +67.9% |
| Income taxes | 67/77 | €3,216 | €7,067 | +€3,850 | +120% |
| Profit (loss) for the period | 9904 | €28,052 | €45,421 | +€17,369 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,052 | €45,421 | +€17,369 | +61.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.