WALLOGISTIC: 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.
WALLOGISTIC
Largest movements
- Current investments -€298,579
down €298,579 (-46.5%), from €642,725 to €344,146
- Cash -€124,229
down €124,229 (-85.1%), from €145,997 to €21,769
mainly Net result for the year (-€350,055) and Debts after one year (-€117,257)
- Receivables within one year -€59,902
down €59,902 (-26.9%), from €222,767 to €162,865
of which Trade receivables: -€52,510
- Tangible fixed assets -€20,182
down €20,182 (-2.6%), from €772,849 to €752,667
of which Leasing and similar rights: -€73,394
- Profit (loss) carried forward -€350,055
down €350,055, from €0 to -€350,055
- Debts after one year -€117,257
down €117,257 (-14.2%), from €826,266 to €709,009
- Reserves -€53,652
down €53,652 (-8.8%), from €606,283 to €552,631
of which Distributable reserves: -€53,652
- Trade debts +€29,260
up €29,260 (+65.2%), from €44,876 to €74,136
- Other debts +€20,744
new in 2025: €20,744
- Financial income -€411,876
down €411,876 (-94.3%), from €436,696 to €24,821
of which Non-recurring financial income: -€419,376
- Gross operating margin -€345,946
down €345,946, from €234,836 to -€111,110
- Staff costs -€118,203
down €118,203 (-90.1%), from €131,173 to €12,970
- Taxes -€35,699
down €35,699 (-98.7%), from €36,181 to €482
- Other operating charges +€5,657
up €5,657 (+46.6%), from €12,152 to €17,809
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 | €1,799,462 | €1,300,929 | -€498,533 | -27.7% |
| Fixed assets | 21/28 | €784,849 | €764,667 | -€20,182 | -2.6% |
| Tangible fixed assets | 22/27 | €772,849 | €752,667 | -€20,182 | -2.6% |
| Land and buildings | 22 | €87,500 | €93,681 | +€6,181 | +7.1% |
| Plant, machinery and equipment | 23 | €37,581 | €99,965 | +€62,383 | +166% |
| Furniture and vehicles | 24 | €42,766 | €27,413 | -€15,353 | -35.9% |
| Leasing and similar rights | 25 | €605,002 | €531,608 | -€73,394 | -12.1% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €1,014,613 | €536,262 | -€478,351 | -47.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €222,767 | €162,865 | -€59,902 | -26.9% |
| Trade receivables | 40 | €135,837 | €83,327 | -€52,510 | -38.7% |
| Other amounts receivable | 41 | €86,930 | €79,538 | -€7,392 | -8.5% |
| Current investments | 50/53 | €642,725 | €344,146 | -€298,579 | -46.5% |
| Cash at bank and in hand | 54/58 | €145,997 | €21,769 | -€124,229 | -85.1% |
| Deferred charges and accrued income | 490/1 | €3,124 | €7,482 | +€4,358 | +140% |
| Total equity and liabilities | 10/49 | €1,799,462 | €1,300,929 | -€498,533 | -27.7% |
| Equity | 10/15 | €741,283 | €337,576 | -€403,707 | -54.5% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €606,283 | €552,631 | -€53,652 | -8.8% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,000 | €14,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €60 | €60 | = | 0.0% |
| Distributable reserves | 133 | €592,223 | €538,571 | -€53,652 | -9.1% |
| Profit (loss) carried forward | 14 | €0 | -€350,055 | -€350,055 | |
| Amounts payable | 17/49 | €1,058,179 | €963,353 | -€94,826 | -9.0% |
| Amounts payable after more than one year | 17 | €826,266 | €709,009 | -€117,257 | -14.2% |
| Financial debts | 170/4 | €826,266 | €709,009 | -€117,257 | -14.2% |
| Amounts payable within one year | 42/48 | €223,871 | €250,655 | +€26,784 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €120,144 | €117,257 | -€2,887 | -2.4% |
| Financial debts | 43 | €2,777 | €0 | -€2,777 | -100% |
| Credit institutions | 430/8 | €2,777 | €0 | -€2,777 | -100% |
| Trade debts | 44 | €44,876 | €74,136 | +€29,260 | +65.2% |
| Suppliers | 440/4 | €44,876 | €74,136 | +€29,260 | +65.2% |
| Taxes, remuneration and social security | 45 | €56,075 | €38,518 | -€17,557 | -31.3% |
| Taxes | 450/3 | €40,587 | €35,501 | -€5,086 | -12.5% |
| Remuneration and social security | 454/9 | €15,489 | €3,017 | -€12,471 | -80.5% |
| Other amounts payable | 47/48 | - | €20,744 | +€20,744 | |
| Accrued charges and deferred income | 492/3 | €8,041 | €3,689 | -€4,352 | -54.1% |
| Remuneration, social security and pensions | 62 | €131,173 | €12,970 | -€118,203 | -90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,522 | €101,140 | -€382 | -0.4% |
| Other operating charges | 640/8 | €12,152 | €17,809 | +€5,657 | +46.6% |
| Non-recurring operating charges | 66A | - | €100,000 | +€100,000 | |
| Gross operating margin | 9900 | €234,836 | -€111,110 | -€345,946 | |
| Operating profit (loss) | 9901 | -€10,011 | -€343,029 | -€333,018 | -3,326% |
| Financial income | 75/76B | €436,696 | €24,821 | -€411,876 | -94.3% |
| Recurring financial income | 75 | €17,321 | €24,821 | +€7,500 | +43.3% |
| Non-recurring financial income | 76B | €419,376 | €0 | -€419,376 | -100% |
| Financial charges | 65/66B | €33,633 | €31,365 | -€2,269 | -6.7% |
| Recurring financial charges | 65 | €33,633 | €31,365 | -€2,269 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €393,052 | -€349,574 | -€742,625 | |
| Income taxes | 67/77 | €36,181 | €482 | -€35,699 | -98.7% |
| Profit (loss) for the period | 9904 | €356,871 | -€350,055 | -€706,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €356,871 | -€350,055 | -€706,926 |
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 17 October 2026 via checked.be.