Walkin'Thai: 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.
Walkin'Thai
Largest movements
- Receivables within one year +€51,358
up €51,358 (+484%), from €10,615 to €61,973
of which Other amounts receivable: +€50,354
- Cash +€16,761
up €16,761 (+505%), from €3,321 to €20,082
mainly Net result for the year (+€48,034) and Depreciation (+€8,971)
- Tangible fixed assets -€6,791
down €6,791 (-51.7%), from €13,138 to €6,348
of which Furniture and vehicles: -€5,638
- Deferred charges and accrued income -€2,676
down €2,676 (-40.2%), from €6,663 to €3,987
- Financial fixed assets -€1,060
down €1,060 (-12.5%), from €8,460 to €7,400
- Profit (loss) carried forward +€48,034
up €48,034, from -€34,038 to €13,996
- Tax, wage and social debts +€8,197
up €8,197 (+48.2%), from €17,015 to €25,212
of which Remuneration and social security: +€7,710
- Trade debts +€8,113
new in 2025: €8,113
- Current portion of long-term debt -€6,347
no longer reported in 2025 (was €6,347)
- Staff costs -€47,497
down €47,497 (-28.8%), from €165,077 to €117,580
- Gross operating margin +€17,641
up €17,641 (+10.6%), from €167,165 to €184,806
- Depreciation -€8,781
down €8,781 (-49.5%), from €17,752 to €8,971
- Other operating charges +€4,739
up €4,739 (+113%), from €4,186 to €8,925
- Financial charges -€1,898
down €1,898 (-67.8%), from €2,798 to €900
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 | €42,447 | €100,444 | +€57,997 | +137% |
| Fixed assets | 21/28 | €21,599 | €13,748 | -€7,851 | -36.3% |
| Tangible fixed assets | 22/27 | €13,138 | €6,348 | -€6,791 | -51.7% |
| Plant, machinery and equipment | 23 | €3,637 | €752 | -€2,885 | -79.3% |
| Furniture and vehicles | 24 | €5,638 | - | -€5,638 | |
| Other tangible fixed assets | 26 | €3,863 | €5,596 | +€1,733 | +44.9% |
| Financial fixed assets | 28 | €8,460 | €7,400 | -€1,060 | -12.5% |
| Current assets | 29/58 | €20,848 | €86,697 | +€65,848 | +316% |
| Stocks and contracts in progress | 3 | €250 | €655 | +€405 | +162% |
| Stocks | 30/36 | €250 | €655 | +€405 | +162% |
| Amounts receivable within one year | 40/41 | €10,615 | €61,973 | +€51,358 | +484% |
| Trade receivables | 40 | €1,150 | €2,153 | +€1,003 | +87.3% |
| Other amounts receivable | 41 | €9,465 | €59,819 | +€50,354 | +532% |
| Cash at bank and in hand | 54/58 | €3,321 | €20,082 | +€16,761 | +505% |
| Deferred charges and accrued income | 490/1 | €6,663 | €3,987 | -€2,676 | -40.2% |
| Total equity and liabilities | 10/49 | €42,447 | €100,444 | +€57,997 | +137% |
| Equity | 10/15 | €18,962 | €66,996 | +€48,034 | +253% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,038 | €13,996 | +€48,034 | |
| Amounts payable | 17/49 | €23,485 | €33,448 | +€9,963 | +42.4% |
| Amounts payable within one year | 42/48 | €23,485 | €33,448 | +€9,963 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | €6,347 | - | -€6,347 | |
| Trade debts | 44 | - | €8,113 | +€8,113 | |
| Suppliers | 440/4 | - | €8,113 | +€8,113 | |
| Taxes, remuneration and social security | 45 | €17,015 | €25,212 | +€8,197 | +48.2% |
| Taxes | 450/3 | €1,155 | €1,643 | +€488 | +42.2% |
| Remuneration and social security | 454/9 | €15,860 | €23,570 | +€7,710 | +48.6% |
| Other amounts payable | 47/48 | €123 | €123 | = | 0.0% |
| Non-recurring operating income | 76A | €1,097 | €1,592 | +€495 | +45.1% |
| Remuneration, social security and pensions | 62 | €165,077 | €117,580 | -€47,497 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,752 | €8,971 | -€8,781 | -49.5% |
| Other operating charges | 640/8 | €4,186 | €8,925 | +€4,739 | +113% |
| Gross operating margin | 9900 | €167,165 | €184,806 | +€17,641 | +10.6% |
| Operating profit (loss) | 9901 | -€19,850 | €49,330 | +€69,180 | |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.5% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.5% |
| Financial charges | 65/66B | €2,798 | €900 | -€1,898 | -67.8% |
| Recurring financial charges | 65 | €2,798 | €900 | -€1,898 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,629 | €48,430 | +€71,059 | |
| Income taxes | 67/77 | €216 | €396 | +€180 | +83.3% |
| Profit (loss) for the period | 9904 | -€22,845 | €48,034 | +€70,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,845 | €48,034 | +€70,880 |
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 25 October 2026 via checked.be.