Walkergate: 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.
Walkergate
Largest movements
- Tangible fixed assets -€10,769
down €10,769 (-24.4%), from €44,057 to €33,288
- Cash +€9,151
up €9,151 (+9.9%), from €92,064 to €101,215
mainly Depreciation (+€12,061) and Net result for the year (+€10,737)
- Receivables within one year +€8,321
up €8,321 (+104.9%), from €7,931 to €16,252
of which Other amounts receivable: +€10,407
- Reserves +€10,737
up €10,737 (+7.9%), from €136,556 to €147,293
- Tax, wage and social debts -€3,588
down €3,588 (-69.8%), from €5,138 to €1,550
of which Taxes: -€3,588
- Gross operating margin +€10,213
up €10,213 (+54.3%), from €18,809 to €29,022
- Taxes +€3,636
up €3,636 (+209.4%), from €1,737 to €5,373
- Depreciation -€352
down €352 (-2.8%), from €12,413 to €12,061
- Other operating charges -€319
down €319 (-29.2%), from €1,092 to €774
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,595 | €152,293 | +€6,698 | +4.6% |
| Fixed assets | 21/28 | €44,057 | €33,288 | -€10,769 | -24.4% |
| Tangible fixed assets | 22/27 | €44,057 | €33,288 | -€10,769 | -24.4% |
| Furniture and vehicles | 24 | €44,057 | €33,288 | -€10,769 | -24.4% |
| Current assets | 29/58 | €101,538 | €119,005 | +€17,467 | +17.2% |
| Amounts receivable within one year | 40/41 | €7,931 | €16,252 | +€8,321 | +104.9% |
| Trade receivables | 40 | €7,168 | €5,082 | -€2,086 | -29.1% |
| Other amounts receivable | 41 | €763 | €11,170 | +€10,407 | +1363.9% |
| Cash at bank and in hand | 54/58 | €92,064 | €101,215 | +€9,151 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,543 | €1,539 | -€4 | -0.3% |
| Total equity and liabilities | 10/49 | €145,595 | €152,293 | +€6,698 | +4.6% |
| Equity | 10/15 | €139,656 | €150,393 | +€10,737 | +7.7% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €136,556 | €147,293 | +€10,737 | +7.9% |
| Distributable reserves | 133 | €136,556 | €147,293 | +€10,737 | +7.9% |
| Amounts payable | 17/49 | €5,939 | €1,900 | -€4,039 | -68.0% |
| Amounts payable within one year | 42/48 | €5,917 | €1,900 | -€4,017 | -67.9% |
| Trade debts | 44 | €779 | €350 | -€429 | -55.1% |
| Suppliers | 440/4 | €779 | €350 | -€429 | -55.1% |
| Taxes, remuneration and social security | 45 | €5,138 | €1,550 | -€3,588 | -69.8% |
| Taxes | 450/3 | €5,138 | €1,550 | -€3,588 | -69.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €21 | €0 | -€21 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,413 | €12,061 | -€352 | -2.8% |
| Other operating charges | 640/8 | €1,092 | €774 | -€319 | -29.2% |
| Gross operating margin | 9900 | €18,809 | €29,022 | +€10,213 | +54.3% |
| Operating profit (loss) | 9901 | €5,304 | €16,187 | +€10,884 | +205.2% |
| Financial charges | 65/66B | €69 | €77 | +€8 | +11.7% |
| Recurring financial charges | 65 | €69 | €77 | +€8 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €5,235 | €16,110 | +€10,875 | +207.7% |
| Income taxes | 67/77 | €1,737 | €5,373 | +€3,636 | +209.4% |
| Profit (loss) for the period | 9904 | €3,498 | €10,737 | +€7,239 | +207.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,498 | €10,737 | +€7,239 | +207.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.