Wallon Grip: 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.
Wallon Grip
Largest movements
- Cash +€93,867
up €93,867 (+74.7%), from €125,701 to €219,568
mainly Tax, wage and social debts (+€93,271) and Depreciation (+€67,249)
- Tangible fixed assets -€53,786
down €53,786 (-29.7%), from €181,369 to €127,583
of which Plant, machinery and equipment: -€56,028
- Receivables within one year -€23,945
down €23,945 (-19.4%), from €123,712 to €99,767
of which Trade receivables: -€20,994
- Deferred charges and accrued income -€4,852
down €4,852 (-31.3%), from €15,479 to €10,627
- Tax, wage and social debts +€93,271
up €93,271 (+556%), from €16,777 to €110,047
of which Taxes: +€96,162
- Trade debts -€48,193
down €48,193 (-51.6%), from €93,335 to €45,143
- Debts after one year -€16,801
no longer reported in 2025 (was €16,801)
- Reserves -€10,166
down €10,166 (-7.7%), from €132,563 to €122,397
- Current portion of long-term debt -€7,612
down €7,612 (-31.2%), from €24,412 to €16,801
- Gross operating margin -€123,700
down €123,700 (-38.9%), from €318,136 to €194,436
- Taxes -€16,399
down €16,399 (-99.9%), from €16,416 to €17
- Staff costs +€10,767
up €10,767 (+9.9%), from €109,135 to €119,902
- Write-downs -€6,440
down €6,440 (-29.1%), from €22,109 to €15,669
- Depreciation -€4,254
down €4,254 (-5.9%), from €71,503 to €67,249
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 | €446,961 | €459,445 | +€12,484 | +2.8% |
| Fixed assets | 21/28 | €182,069 | €129,483 | -€52,586 | -28.9% |
| Tangible fixed assets | 22/27 | €181,369 | €127,583 | -€53,786 | -29.7% |
| Plant, machinery and equipment | 23 | €181,369 | €125,341 | -€56,028 | -30.9% |
| Furniture and vehicles | 24 | - | €2,242 | +€2,242 | |
| Financial fixed assets | 28 | €700 | €1,900 | +€1,200 | +171% |
| Current assets | 29/58 | €264,892 | €329,962 | +€65,070 | +24.6% |
| Amounts receivable within one year | 40/41 | €123,712 | €99,767 | -€23,945 | -19.4% |
| Trade receivables | 40 | €104,715 | €83,721 | -€20,994 | -20.0% |
| Other amounts receivable | 41 | €18,997 | €16,046 | -€2,951 | -15.5% |
| Cash at bank and in hand | 54/58 | €125,701 | €219,568 | +€93,867 | +74.7% |
| Deferred charges and accrued income | 490/1 | €15,479 | €10,627 | -€4,852 | -31.3% |
| Total equity and liabilities | 10/49 | €446,961 | €459,445 | +€12,484 | +2.8% |
| Equity | 10/15 | €151,163 | €140,997 | -€10,166 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,563 | €122,397 | -€10,166 | -7.7% |
| Distributable reserves | 133 | €132,563 | €122,397 | -€10,166 | -7.7% |
| Amounts payable | 17/49 | €295,797 | €318,448 | +€22,651 | +7.7% |
| Amounts payable after more than one year | 17 | €16,801 | - | -€16,801 | |
| Financial debts | 170/4 | €16,801 | - | -€16,801 | |
| Amounts payable within one year | 42/48 | €278,997 | €318,448 | +€39,451 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €24,412 | €16,801 | -€7,612 | -31.2% |
| Financial debts | 43 | - | €1,985 | +€1,985 | |
| Credit institutions | 430/8 | - | €1,985 | +€1,985 | |
| Trade debts | 44 | €93,335 | €45,143 | -€48,193 | -51.6% |
| Suppliers | 440/4 | €93,335 | €45,143 | -€48,193 | -51.6% |
| Taxes, remuneration and social security | 45 | €16,777 | €110,047 | +€93,271 | +556% |
| Taxes | 450/3 | - | €96,162 | +€96,162 | |
| Remuneration and social security | 454/9 | €16,777 | €13,886 | -€2,891 | -17.2% |
| Other amounts payable | 47/48 | €144,473 | €144,473 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €109,135 | €119,902 | +€10,767 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,503 | €67,249 | -€4,254 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,109 | €15,669 | -€6,440 | -29.1% |
| Other operating charges | 640/8 | €64 | €553 | +€489 | +767% |
| Gross operating margin | 9900 | €318,136 | €194,436 | -€123,700 | -38.9% |
| Operating profit (loss) | 9901 | €115,325 | -€8,937 | -€124,262 | |
| Financial income | 75/76B | €4 | €28 | +€25 | +682% |
| Recurring financial income | 75 | €4 | €28 | +€25 | +682% |
| Financial charges | 65/66B | €1,654 | €1,241 | -€413 | -25.0% |
| Recurring financial charges | 65 | €1,654 | €1,241 | -€413 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €113,674 | -€10,149 | -€123,824 | |
| Income taxes | 67/77 | €16,416 | €17 | -€16,399 | -99.9% |
| Profit (loss) for the period | 9904 | €97,258 | -€10,166 | -€107,424 | |
| Profit (loss) for the period to be appropriated | 9905 | €97,258 | -€10,166 | -€107,424 |
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 20 October 2026 via checked.be.