WALL TRADE: 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.
WALL TRADE
Largest movements
- Receivables within one year -€9,159
down €9,159 (-48.3%), from €18,961 to €9,802
of which Trade receivables: -€15,422
- Cash +€7,313
up €7,313 (+14.6%), from €50,120 to €57,433
mainly Receivables within one year (+€9,159) and Net result for the year (+€7,944)
- Tangible fixed assets -€1,818
down €1,818 (-50.3%), from €3,617 to €1,799
- Reserves +€7,944
up €7,944 (+427%), from €1,860 to €9,804
of which Distributable reserves: +€7,944
- Other debts -€5,287
down €5,287 (-100%), from €5,287 to €0
- Tax, wage and social debts -€3,333
down €3,333 (-36.8%), from €9,055 to €5,722
- Trade debts -€3,014
down €3,014 (-76.0%), from €3,968 to €954
- Gross operating margin +€9,528
up €9,528 (+203%), from €4,702 to €14,230
- Taxes +€2,825
up €2,825 (+268%), from €1,056 to €3,881
- Financial income +€624
new in 2025: €624
- Other operating charges -€621
down €621 (-46.9%), from €1,325 to €704
- Financial charges +€373
up €373, from -€49 to €325
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 | €73,074 | €69,383 | -€3,691 | -5.1% |
| Fixed assets | 21/28 | €3,667 | €1,849 | -€1,818 | -49.6% |
| Tangible fixed assets | 22/27 | €3,617 | €1,799 | -€1,818 | -50.3% |
| Furniture and vehicles | 24 | €3,617 | €1,799 | -€1,818 | -50.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €69,407 | €67,535 | -€1,872 | -2.7% |
| Amounts receivable within one year | 40/41 | €18,961 | €9,802 | -€9,159 | -48.3% |
| Trade receivables | 40 | €18,961 | €3,539 | -€15,422 | -81.3% |
| Other amounts receivable | 41 | - | €6,263 | +€6,263 | |
| Cash at bank and in hand | 54/58 | €50,120 | €57,433 | +€7,313 | +14.6% |
| Deferred charges and accrued income | 490/1 | €326 | €299 | -€27 | -8.2% |
| Total equity and liabilities | 10/49 | €73,074 | €69,383 | -€3,691 | -5.1% |
| Equity | 10/15 | €54,764 | €62,707 | +€7,944 | +14.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €9,804 | +€7,944 | +427% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €7,944 | +€7,944 | |
| Profit (loss) carried forward | 14 | €42,904 | €42,904 | = | 0.0% |
| Amounts payable | 17/49 | €18,310 | €6,676 | -€11,634 | -63.5% |
| Amounts payable within one year | 42/48 | €18,310 | €6,676 | -€11,634 | -63.5% |
| Trade debts | 44 | €3,968 | €954 | -€3,014 | -76.0% |
| Suppliers | 440/4 | €3,968 | €954 | -€3,014 | -76.0% |
| Taxes, remuneration and social security | 45 | €9,055 | €5,722 | -€3,333 | -36.8% |
| Taxes | 450/3 | €9,055 | €5,722 | -€3,333 | -36.8% |
| Other amounts payable | 47/48 | €5,287 | €0 | -€5,287 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,325 | €704 | -€621 | -46.9% |
| Gross operating margin | 9900 | €4,702 | €14,230 | +€9,528 | +203% |
| Operating profit (loss) | 9901 | €1,377 | €11,526 | +€10,149 | +737% |
| Financial income | 75/76B | - | €624 | +€624 | |
| Recurring financial income | 75 | - | €624 | +€624 | |
| Financial charges | 65/66B | -€49 | €325 | +€373 | |
| Recurring financial charges | 65 | -€49 | €325 | +€373 | |
| Profit (loss) for the period before taxes | 9903 | €1,426 | €11,825 | +€10,399 | +729% |
| Income taxes | 67/77 | €1,056 | €3,881 | +€2,825 | +268% |
| Profit (loss) for the period | 9904 | €370 | €7,944 | +€7,574 | +2,050% |
| Profit (loss) for the period to be appropriated | 9905 | €370 | €7,944 | +€7,574 | +2,050% |
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 19 October 2026 via checked.be.