Skip to content

Wall Done: 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.

What changed

Wall Done

BE 0732.707.613
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€23,800
2024 · €55,973-€32,173
Equity
€64,321
2024 · €64,051+€270
Cash
€56,259
2024 · €101,525-€45,266
Balance sheet total
€138,975
2024 · €183,868-€44,893

Largest movements

2024 to 2025
Assets
  • Cash -€45,266

    down €45,266 (-44.6%), from €101,525 to €56,259

    mainly Contributions, distributions and other (-€23,529) and Tax, wage and social debts (-€16,307)

  • Tangible fixed assets -€11,762

    down €11,762 (-22.8%), from €51,592 to €39,830

    of which Furniture and vehicles: -€5,973

  • Receivables within one year +€10,533

    up €10,533 (+35.8%), from €29,396 to €39,929

    of which Trade receivables: +€8,768

Equity and liabilities
  • Reserves +€62,321

    new in 2025: €62,321

  • Profit (loss) carried forward -€62,051

    no longer reported in 2025 (was €62,051)

  • Tax, wage and social debts -€16,307

    down €16,307 (-55.3%), from €29,500 to €13,193

    of which Taxes: -€24,379

  • Other debts -€13,979

    down €13,979 (-26.2%), from €53,399 to €39,421

  • Accrued charges and deferred income -€12,358

    down €12,358 (-64.4%), from €19,188 to €6,830

Income statement
  • Staff costs +€27,974

    new in 2025: €27,974

  • Gross operating margin -€19,644

    down €19,644 (-21.6%), from €90,808 to €71,163

  • Taxes -€15,890

    down €15,890 (-72.8%), from €21,836 to €5,946

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €55,973
Gross operating margin -€19,644
Staff costs -€27,974
Depreciation -€813
Other operating charges -€134
Financial income +€193
Financial charges +€308
Taxes +€15,890
Result 2025 €23,800

Cash bridge derived

cash 2024 to 2025

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.

From operations -€18,682
Investment €0
Financing -€26,584
Cash 2024 €101,525
Net result for the year +€23,800
Depreciation +€11,762
Receivables within one year -€10,533
Deferred charges and accrued income -€1,602
Trade debts +€535
Tax, wage and social debts -€16,307
Other debts -€13,979
Accrued charges and deferred income -€12,358
Debts after one year -€3,260
Current portion of long-term debt +€205
Contributions, distributions and other -€23,529
Cash 2025 €56,259
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €183,868 €138,975 -€44,893 -24.4%
Fixed assets 21/28 €52,110 €40,348 -€11,762 -22.6%
Tangible fixed assets 22/27 €51,592 €39,830 -€11,762 -22.8%
Land and buildings 22 €17,102 €13,301 -€3,800 -22.2%
Plant, machinery and equipment 23 €11,161 €9,173 -€1,989 -17.8%
Furniture and vehicles 24 €23,329 €17,356 -€5,973 -25.6%
Financial fixed assets 28 €518 €518 = 0.0%
Current assets 29/58 €131,758 €98,627 -€33,131 -25.1%
Amounts receivable within one year 40/41 €29,396 €39,929 +€10,533 +35.8%
Trade receivables 40 €21,044 €29,812 +€8,768 +41.7%
Other amounts receivable 41 €8,352 €10,117 +€1,765 +21.1%
Cash at bank and in hand 54/58 €101,525 €56,259 -€45,266 -44.6%
Deferred charges and accrued income 490/1 €838 €2,440 +€1,602 +191.2%
Total equity and liabilities 10/49 €183,868 €138,975 -€44,893 -24.4%
Equity 10/15 €64,051 €64,321 +€270 +0.4%
Contributions 10/11 €2,000 €2,000 = 0.0%
Outside capital 11 €2,000 €2,000 = 0.0%
Other 1109/19 €2,000 €2,000 = 0.0%
Reserves 13 - €62,321 +€62,321
Distributable reserves 133 - €62,321 +€62,321
Profit (loss) carried forward 14 €62,051 - -€62,051
Amounts payable 17/49 €119,817 €74,654 -€45,163 -37.7%
Amounts payable after more than one year 17 €13,342 €10,082 -€3,260 -24.4%
Financial debts 170/4 €13,342 €10,082 -€3,260 -24.4%
Amounts payable within one year 42/48 €87,288 €57,742 -€29,546 -33.8%
Current portion of amounts payable after more than one year 42 €3,055 €3,260 +€205 +6.7%
Trade debts 44 €1,334 €1,869 +€535 +40.1%
Suppliers 440/4 €1,334 €1,869 +€535 +40.1%
Taxes, remuneration and social security 45 €29,500 €13,193 -€16,307 -55.3%
Taxes 450/3 €29,500 €5,120 -€24,379 -82.6%
Remuneration and social security 454/9 - €8,072 +€8,072
Other amounts payable 47/48 €53,399 €39,421 -€13,979 -26.2%
Accrued charges and deferred income 492/3 €19,188 €6,830 -€12,358 -64.4%
Remuneration, social security and pensions 62 - €27,974 +€27,974
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,950 €11,762 +€813 +7.4%
Other operating charges 640/8 €514 €648 +€134 +26.0%
Gross operating margin 9900 €90,808 €71,163 -€19,644 -21.6%
Operating profit (loss) 9901 €79,344 €30,780 -€48,564 -61.2%
Financial income 75/76B €40 €233 +€193 +489.5%
Recurring financial income 75 €40 €233 +€193 +489.5%
Financial charges 65/66B €1,574 €1,267 -€308 -19.6%
Recurring financial charges 65 €1,574 €1,267 -€308 -19.6%
Profit (loss) for the period before taxes 9903 €77,809 €29,746 -€48,063 -61.8%
Income taxes 67/77 €21,836 €5,946 -€15,890 -72.8%
Profit (loss) for the period 9904 €55,973 €23,800 -€32,173 -57.5%
Profit (loss) for the period to be appropriated 9905 €55,973 €23,800 -€32,173 -57.5%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.