Walle: 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.
Walle
Largest movements
- Receivables within one year +€2,523
up €2,523 (+75.4%), from €3,347 to €5,870
of which Trade receivables: +€2,582
- Tangible fixed assets +€2,198
up €2,198 (+19.7%), from €11,176 to €13,374
of which Land and buildings: +€3,039
- Cash +€2,131
up €2,131 (+9.6%), from €22,097 to €24,228
mainly Tax, wage and social debts (+€3,703) and Net result for the year (+€3,116)
- Tax, wage and social debts +€3,703
up €3,703 (+285%), from €1,300 to €5,003
of which Remuneration and social security: +€3,050
- Reserves +€3,116
up €3,116 (+18.5%), from €16,807 to €19,923
- Gross operating margin +€2,186
up €2,186 (+42.2%), from €5,178 to €7,363
- Taxes +€845
up €845 (+222%), from €381 to €1,226
- Depreciation -€734
down €734 (-34.3%), from €2,140 to €1,406
- Financial income +€239
up €239 (+7,978%), from €3 to €242
- Financial charges +€144
up €144 (+133%), from €108 to €252
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 | €36,713 | €43,566 | +€6,853 | +18.7% |
| Fixed assets | 21/28 | €11,176 | €13,374 | +€2,198 | +19.7% |
| Tangible fixed assets | 22/27 | €11,176 | €13,374 | +€2,198 | +19.7% |
| Land and buildings | 22 | €9,937 | €12,976 | +€3,039 | +30.6% |
| Furniture and vehicles | 24 | €1,239 | €398 | -€841 | -67.8% |
| Current assets | 29/58 | €25,536 | €30,192 | +€4,656 | +18.2% |
| Amounts receivable within one year | 40/41 | €3,347 | €5,870 | +€2,523 | +75.4% |
| Trade receivables | 40 | €2,768 | €5,350 | +€2,582 | +93.3% |
| Other amounts receivable | 41 | €579 | €520 | -€59 | -10.2% |
| Cash at bank and in hand | 54/58 | €22,097 | €24,228 | +€2,131 | +9.6% |
| Deferred charges and accrued income | 490/1 | €92 | €94 | +€2 | +2.2% |
| Total equity and liabilities | 10/49 | €36,713 | €43,566 | +€6,853 | +18.7% |
| Equity | 10/15 | €35,399 | €38,515 | +€3,116 | +8.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €16,807 | €19,923 | +€3,116 | +18.5% |
| Distributable reserves | 133 | €16,807 | €19,923 | +€3,116 | +18.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,314 | €5,051 | +€3,737 | +284% |
| Amounts payable within one year | 42/48 | €1,300 | €5,003 | +€3,703 | +285% |
| Taxes, remuneration and social security | 45 | €1,300 | €5,003 | +€3,703 | +285% |
| Taxes | 450/3 | €0 | €653 | +€653 | |
| Remuneration and social security | 454/9 | €1,300 | €4,350 | +€3,050 | +235% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €14 | €48 | +€34 | +252% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,140 | €1,406 | -€734 | -34.3% |
| Other operating charges | 640/8 | €1,511 | €1,606 | +€95 | +6.3% |
| Gross operating margin | 9900 | €5,178 | €7,363 | +€2,186 | +42.2% |
| Operating profit (loss) | 9901 | €1,526 | €4,351 | +€2,825 | +185% |
| Financial income | 75/76B | €3 | €242 | +€239 | +7,978% |
| Recurring financial income | 75 | €3 | €242 | +€239 | +7,978% |
| Financial charges | 65/66B | €108 | €252 | +€144 | +133% |
| Recurring financial charges | 65 | €108 | €252 | +€144 | +133% |
| Profit (loss) for the period before taxes | 9903 | €1,421 | €4,342 | +€2,921 | +206% |
| Income taxes | 67/77 | €381 | €1,226 | +€845 | +222% |
| Profit (loss) for the period | 9904 | €1,040 | €3,116 | +€2,076 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €1,040 | €3,116 | +€2,076 | +200% |
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.