WALKLY: 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.
WALKLY
Largest movements
- Receivables within one year -€109,483
down €109,483 (-65.8%), from €166,308 to €56,825
of which Other amounts receivable: -€107,007
- Cash -€61,308
down €61,308 (-33.2%), from €184,936 to €123,628
mainly Net result for the year (-€151,854) and Investment in fixed assets (net) (-€21,290)
- Intangible fixed assets -€14,108
down €14,108 (-18.7%), from €75,570 to €61,463
- Profit (loss) carried forward -€151,854
down €151,854 (-127.6%), from -€118,965 to -€270,819
- Trade debts -€19,945
down €19,945 (-28.8%), from €69,344 to €49,399
- Accrued charges and deferred income -€13,901
down €13,901 (-30.0%), from €46,366 to €32,464
- Debts after one year -€10,000
down €10,000 (-14.1%), from €71,010 to €61,010
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Gross operating margin -€46,427
down €46,427 (-71.2%), from -€65,248 to -€111,675
- Depreciation +€18,031
up €18,031 (+102.1%), from €17,668 to €35,699
- Staff costs -€10,884
no longer reported in 2025 (was €10,884)
- Taxes +€2,656
up €2,656 (+78.9%), from -€3,365 to -€709
- Write-downs -€2,100
no longer reported in 2025 (was €2,100)
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 | €428,424 | €242,640 | -€185,784 | -43.4% |
| Fixed assets | 21/28 | €76,439 | €62,030 | -€14,409 | -18.9% |
| Intangible fixed assets | 21 | €75,570 | €61,463 | -€14,108 | -18.7% |
| Tangible fixed assets | 22/27 | €868 | €277 | -€591 | -68.1% |
| Furniture and vehicles | 24 | €868 | €277 | -€591 | -68.1% |
| Financial fixed assets | 28 | - | €290 | +€290 | |
| Current assets | 29/58 | €351,985 | €180,611 | -€171,374 | -48.7% |
| Amounts receivable within one year | 40/41 | €166,308 | €56,825 | -€109,483 | -65.8% |
| Trade receivables | 40 | €52,502 | €50,026 | -€2,476 | -4.7% |
| Other amounts receivable | 41 | €113,806 | €6,799 | -€107,007 | -94.0% |
| Cash at bank and in hand | 54/58 | €184,936 | €123,628 | -€61,308 | -33.2% |
| Deferred charges and accrued income | 490/1 | €741 | €157 | -€584 | -78.8% |
| Total equity and liabilities | 10/49 | €428,424 | €242,640 | -€185,784 | -43.4% |
| Equity | 10/15 | €238,534 | €86,680 | -€151,854 | -63.7% |
| Contributions | 10/11 | €357,499 | €357,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,965 | -€270,819 | -€151,854 | -127.6% |
| Amounts payable | 17/49 | €189,890 | €155,960 | -€33,930 | -17.9% |
| Amounts payable after more than one year | 17 | €71,010 | €61,010 | -€10,000 | -14.1% |
| Financial debts | 170/4 | €71,010 | €61,010 | -€10,000 | -14.1% |
| Amounts payable within one year | 42/48 | €72,515 | €62,486 | -€10,028 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Financial debts | 43 | €2,574 | €1,528 | -€1,047 | -40.7% |
| Credit institutions | 430/8 | €2,574 | €1,528 | -€1,047 | -40.7% |
| Trade debts | 44 | €69,344 | €49,399 | -€19,945 | -28.8% |
| Suppliers | 440/4 | €69,344 | €49,399 | -€19,945 | -28.8% |
| Taxes, remuneration and social security | 45 | €100 | - | -€100 | |
| Taxes | 450/3 | €100 | - | -€100 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €496 | €1,560 | +€1,064 | +214.4% |
| Accrued charges and deferred income | 492/3 | €46,366 | €32,464 | -€13,901 | -30.0% |
| Remuneration, social security and pensions | 62 | €10,884 | - | -€10,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,668 | €35,699 | +€18,031 | +102.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,100 | - | -€2,100 | |
| Other operating charges | 640/8 | €387 | €458 | +€70 | +18.2% |
| Gross operating margin | 9900 | -€65,248 | -€111,675 | -€46,427 | -71.2% |
| Operating profit (loss) | 9901 | -€96,287 | -€147,832 | -€51,545 | -53.5% |
| Financial income | 75/76B | €230 | €187 | -€43 | -18.8% |
| Recurring financial income | 75 | €230 | €187 | -€43 | -18.8% |
| Financial charges | 65/66B | €3,528 | €4,917 | +€1,389 | +39.4% |
| Recurring financial charges | 65 | €3,528 | €4,917 | +€1,389 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | -€99,585 | -€152,563 | -€52,978 | -53.2% |
| Income taxes | 67/77 | -€3,365 | -€709 | +€2,656 | +78.9% |
| Profit (loss) for the period | 9904 | -€96,220 | -€151,854 | -€55,633 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,220 | -€151,854 | -€55,633 | -57.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.