WaLK Engineering: 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.
WaLK Engineering
Largest movements
- Receivables within one year +€89,499
up €89,499 (+119%), from €75,029 to €164,527
of which Trade receivables: +€97,776
- Current investments +€70,000
up €70,000 (+30.4%), from €230,000 to €300,000
- Intangible fixed assets -€53,529
down €53,529 (-10.8%), from €494,922 to €441,393
- Deferred charges and accrued income +€21,578
up €21,578 (+237%), from €9,117 to €30,695
- Profit (loss) carried forward +€218,917
up €218,917 (+134%), from €163,451 to €382,368
- Trade debts -€95,301
down €95,301 (-22.6%), from €421,755 to €326,454
- Tax, wage and social debts +€72,699
up €72,699 (+80.7%), from €90,127 to €162,826
of which Taxes: +€48,589
- Other debts -€56,709
down €56,709 (-35.4%), from €160,052 to €103,343
- Gross operating margin +€242,528
up €242,528 (+33.2%), from €729,884 to €972,411
- Staff costs +€119,319
up €119,319 (+26.0%), from €458,923 to €578,242
- Financial charges +€33,519
up €33,519 (+774%), from €4,328 to €37,847
- Taxes +€18,941
up €18,941 (+30.7%), from €61,726 to €80,667
- Depreciation +€18,222
up €18,222 (+42.4%), from €42,967 to €61,189
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 | €861,583 | €989,665 | +€128,082 | +14.9% |
| Fixed assets | 21/28 | €513,878 | €454,310 | -€59,568 | -11.6% |
| Intangible fixed assets | 21 | €494,922 | €441,393 | -€53,529 | -10.8% |
| Tangible fixed assets | 22/27 | €18,956 | €12,917 | -€6,039 | -31.9% |
| Furniture and vehicles | 24 | €18,956 | €12,917 | -€6,039 | -31.9% |
| Current assets | 29/58 | €347,706 | €535,355 | +€187,649 | +54.0% |
| Amounts receivable within one year | 40/41 | €75,029 | €164,527 | +€89,499 | +119% |
| Trade receivables | 40 | €19,448 | €117,224 | +€97,776 | +503% |
| Other amounts receivable | 41 | €55,581 | €47,303 | -€8,277 | -14.9% |
| Current investments | 50/53 | €230,000 | €300,000 | +€70,000 | +30.4% |
| Cash at bank and in hand | 54/58 | €33,561 | €40,133 | +€6,572 | +19.6% |
| Deferred charges and accrued income | 490/1 | €9,117 | €30,695 | +€21,578 | +237% |
| Total equity and liabilities | 10/49 | €861,583 | €989,665 | +€128,082 | +14.9% |
| Equity | 10/15 | €166,451 | €385,368 | +€218,917 | +132% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,451 | €382,368 | +€218,917 | +134% |
| Amounts payable | 17/49 | €695,133 | €604,297 | -€90,835 | -13.1% |
| Amounts payable after more than one year | 17 | €7,798 | €5,826 | -€1,972 | -25.3% |
| Financial debts | 170/4 | €7,798 | €5,826 | -€1,972 | -25.3% |
| Amounts payable within one year | 42/48 | €687,335 | €598,472 | -€88,863 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €15,401 | €5,849 | -€9,552 | -62.0% |
| Trade debts | 44 | €421,755 | €326,454 | -€95,301 | -22.6% |
| Suppliers | 440/4 | €421,755 | €326,454 | -€95,301 | -22.6% |
| Taxes, remuneration and social security | 45 | €90,127 | €162,826 | +€72,699 | +80.7% |
| Taxes | 450/3 | €21,245 | €69,834 | +€48,589 | +229% |
| Remuneration and social security | 454/9 | €68,882 | €92,992 | +€24,110 | +35.0% |
| Other amounts payable | 47/48 | €160,052 | €103,343 | -€56,709 | -35.4% |
| Remuneration, social security and pensions | 62 | €458,923 | €578,242 | +€119,319 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,967 | €61,189 | +€18,222 | +42.4% |
| Other operating charges | 640/8 | €160 | €408 | +€248 | +155% |
| Gross operating margin | 9900 | €729,884 | €972,411 | +€242,528 | +33.2% |
| Operating profit (loss) | 9901 | €227,834 | €332,573 | +€104,739 | +46.0% |
| Financial income | 75/76B | €1,671 | €4,859 | +€3,187 | +191% |
| Recurring financial income | 75 | €1,671 | €4,859 | +€3,187 | +191% |
| Financial charges | 65/66B | €4,328 | €37,847 | +€33,519 | +774% |
| Recurring financial charges | 65 | €4,328 | €37,847 | +€33,519 | +774% |
| Profit (loss) for the period before taxes | 9903 | €225,177 | €299,584 | +€74,408 | +33.0% |
| Income taxes | 67/77 | €61,726 | €80,667 | +€18,941 | +30.7% |
| Profit (loss) for the period | 9904 | €163,451 | €218,917 | +€55,466 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €163,451 | €218,917 | +€55,466 | +33.9% |
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 14 October 2026 via checked.be.