WALITAS: 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.
WALITAS
Largest movements
- Cash -€175,566
down €175,566 (-67.5%), from €260,151 to €84,585
mainly Other debts (-€178,552) and Contributions, distributions and other (-€150,000)
- Other debts -€178,552
down €178,552 (-29.9%), from €596,931 to €418,378
- Profit (loss) carried forward +€118,631
up €118,631 (+8.4%), from €1.4m to €1.5m
- Debts after one year -€67,609
down €67,609 (-17.6%), from €383,489 to €315,880
of which Financial debts: -€67,609
- Financial income -€124,314
down €124,314 (-41.4%), from €300,000 to €175,686
- Taxes -€15,413
down €15,413 (-30.3%), from €50,886 to €35,473
- Gross operating margin +€12,676
up €12,676 (+8.2%), from €154,422 to €167,098
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 | €5,460,267 | €5,319,701 | -€140,566 | -2.6% |
| Fixed assets | 21/28 | €5,200,115 | €5,203,115 | +€3,000 | +0.1% |
| Tangible fixed assets | 22/27 | €70,329 | €70,329 | = | 0.0% |
| Furniture and vehicles | 24 | €70,329 | €70,329 | = | 0.0% |
| Financial fixed assets | 28 | €5,129,787 | €5,132,787 | +€3,000 | +0.1% |
| Current assets | 29/58 | €260,151 | €116,585 | -€143,566 | -55.2% |
| Amounts receivable within one year | 40/41 | - | €32,000 | +€32,000 | |
| Other amounts receivable | 41 | - | €32,000 | +€32,000 | |
| Cash at bank and in hand | 54/58 | €260,151 | €84,585 | -€175,566 | -67.5% |
| Total equity and liabilities | 10/49 | €5,460,267 | €5,319,701 | -€140,566 | -2.6% |
| Equity | 10/15 | €4,357,694 | €4,476,325 | +€118,631 | +2.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Revaluation surpluses | 12 | €2,518,705 | €2,518,705 | = | 0.0% |
| Reserves | 13 | €371,391 | €371,391 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €365,141 | €365,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,405,098 | €1,523,728 | +€118,631 | +8.4% |
| Amounts payable | 17/49 | €1,102,573 | €843,376 | -€259,197 | -23.5% |
| Amounts payable after more than one year | 17 | €383,489 | €315,880 | -€67,609 | -17.6% |
| Financial debts | 170/4 | €383,489 | €315,880 | -€67,609 | -17.6% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €719,084 | €527,495 | -€191,588 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €64,710 | €67,609 | +€2,899 | +4.5% |
| Trade debts | 44 | €868 | €0 | -€868 | -100.0% |
| Suppliers | 440/4 | €868 | €0 | -€868 | -100.0% |
| Taxes, remuneration and social security | 45 | €56,575 | €41,508 | -€15,067 | -26.6% |
| Taxes | 450/3 | €56,575 | €41,508 | -€15,067 | -26.6% |
| Other amounts payable | 47/48 | €596,931 | €418,378 | -€178,552 | -29.9% |
| Non-recurring operating income | 76A | €63,642 | €0 | -€63,642 | -100.0% |
| Gross operating margin | 9900 | €154,422 | €167,098 | +€12,676 | +8.2% |
| Operating profit (loss) | 9901 | €154,422 | €167,098 | +€12,676 | +8.2% |
| Financial income | 75/76B | €300,000 | €175,686 | -€124,314 | -41.4% |
| Recurring financial income | 75 | €300,000 | €175,686 | -€124,314 | -41.4% |
| Financial charges | 65/66B | €38,394 | €38,680 | +€286 | +0.7% |
| Recurring financial charges | 65 | €38,394 | €38,680 | +€286 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €416,028 | €304,104 | -€111,924 | -26.9% |
| Income taxes | 67/77 | €50,886 | €35,473 | -€15,413 | -30.3% |
| Profit (loss) for the period | 9904 | €365,141 | €268,631 | -€96,511 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €365,141 | €268,631 | -€96,511 | -26.4% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.