WALIOP: 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.
WALIOP
Largest movements
- Receivables within one year -€23,079
down €23,079 (-82.6%), from €27,941 to €4,862
of which Other amounts receivable: -€25,017
- Stocks and contracts -€21,393
down €21,393 (-59.2%), from €36,147 to €14,754
- Tangible fixed assets +€16,737
up €16,737 (+6.8%), from €246,152 to €262,889
of which Plant, machinery and equipment: +€37,735
- Other debts +€56,290
up €56,290 (+63.9%), from €88,156 to €144,446
- Profit (loss) carried forward -€44,431
down €44,431 (-81.8%), from -€54,300 to -€98,731
- Debts after one year -€16,667
down €16,667 (-8.1%), from €206,404 to €189,737
of which Financial debts: -€16,667
- Trade debts -€12,310
down €12,310 (-67.1%), from €18,344 to €6,034
- Accrued charges and deferred income -€9,745
no longer reported in 2025 (was €9,745)
- Gross operating margin -€12,301
down €12,301 (-92.4%), from €13,316 to €1,016
- Depreciation +€4,250
up €4,250 (+13.0%), from €32,582 to €36,832
- Financial charges +€1,725
up €1,725 (+30.7%), from €5,613 to €7,338
of which Non-recurring financial charges: +€2,102
- Other operating charges -€145
down €145 (-9.3%), from €1,559 to €1,414
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 | €343,076 | €316,213 | -€26,863 | -7.8% |
| Fixed assets | 21/28 | €269,074 | €283,709 | +€14,635 | +5.4% |
| Intangible fixed assets | 21 | €10,036 | €10,036 | = | 0.0% |
| Tangible fixed assets | 22/27 | €246,152 | €262,889 | +€16,737 | +6.8% |
| Land and buildings | 22 | €147,798 | €133,734 | -€14,065 | -9.5% |
| Plant, machinery and equipment | 23 | €75,820 | €113,555 | +€37,735 | +49.8% |
| Furniture and vehicles | 24 | €22,534 | €15,601 | -€6,934 | -30.8% |
| Financial fixed assets | 28 | €12,886 | €10,784 | -€2,102 | -16.3% |
| Current assets | 29/58 | €74,002 | €32,504 | -€41,498 | -56.1% |
| Stocks and contracts in progress | 3 | €36,147 | €14,754 | -€21,393 | -59.2% |
| Stocks | 30/36 | €36,147 | €14,754 | -€21,393 | -59.2% |
| Amounts receivable within one year | 40/41 | €27,941 | €4,862 | -€23,079 | -82.6% |
| Trade receivables | 40 | €1,632 | €3,569 | +€1,937 | +118.8% |
| Other amounts receivable | 41 | €26,310 | €1,293 | -€25,017 | -95.1% |
| Cash at bank and in hand | 54/58 | €6,588 | €9,565 | +€2,978 | +45.2% |
| Deferred charges and accrued income | 490/1 | €3,326 | €3,322 | -€3 | -0.1% |
| Total equity and liabilities | 10/49 | €343,076 | €316,213 | -€26,863 | -7.8% |
| Equity | 10/15 | €3,760 | -€40,671 | -€44,431 | |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,300 | -€98,731 | -€44,431 | -81.8% |
| Amounts payable | 17/49 | €339,316 | €356,884 | +€17,568 | +5.2% |
| Amounts payable after more than one year | 17 | €206,404 | €189,737 | -€16,667 | -8.1% |
| Financial debts | 170/4 | €83,330 | €66,663 | -€16,667 | -20.0% |
| Other amounts payable | 178/9 | €123,074 | €123,074 | = | 0.0% |
| Amounts payable within one year | 42/48 | €123,167 | €167,147 | +€43,980 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €16,667 | = | 0.0% |
| Trade debts | 44 | €18,344 | €6,034 | -€12,310 | -67.1% |
| Suppliers | 440/4 | €18,344 | €6,034 | -€12,310 | -67.1% |
| Other amounts payable | 47/48 | €88,156 | €144,446 | +€56,290 | +63.9% |
| Accrued charges and deferred income | 492/3 | €9,745 | - | -€9,745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,582 | €36,832 | +€4,250 | +13.0% |
| Other operating charges | 640/8 | €1,559 | €1,414 | -€145 | -9.3% |
| Non-recurring operating charges | 66A | - | €35 | +€35 | |
| Gross operating margin | 9900 | €13,316 | €1,016 | -€12,301 | -92.4% |
| Operating profit (loss) | 9901 | -€20,825 | -€37,265 | -€16,440 | -78.9% |
| Financial income | 75/76B | €275 | €173 | -€103 | -37.3% |
| Recurring financial income | 75 | €275 | €173 | -€103 | -37.3% |
| Financial charges | 65/66B | €5,613 | €7,338 | +€1,725 | +30.7% |
| Recurring financial charges | 65 | €5,613 | €5,236 | -€377 | -6.7% |
| Non-recurring financial charges | 66B | - | €2,102 | +€2,102 | |
| Profit (loss) for the period before taxes | 9903 | -€26,163 | -€44,431 | -€18,268 | -69.8% |
| Profit (loss) for the period | 9904 | -€26,163 | -€44,431 | -€18,268 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,163 | -€44,431 | -€18,268 | -69.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.