Wallonie Data Center: 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.
What changed
Wallonie Data Center
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€560,303
2024 · €797,237-€236,934
Equity
€6.0m
2024 · €5.5m+€560,303
Cash
€18,250
2024 · €22,493-€4,243
Balance sheet total
€6.9m
2024 · €5.9m+€1.0m
Largest movements
Assets
- Current investments +€3.0m
new in 2025: €3.0m
- Receivables within one year -€1.8m
down €1.8m (-66.4%), from €2.7m to €918,515
of which Other amounts receivable: -€2.0m
- Tangible fixed assets -€295,589
down €295,589 (-20.1%), from €1.5m to €1.2m
of which Assets under construction and advance payments: -€197,744
- Intangible fixed assets +€249,486
up €249,486 (+3,316%), from €7,524 to €257,010
- Deferred charges and accrued income -€115,063
down €115,063 (-58.6%), from €196,405 to €81,342
Equity and liabilities
- Trade debts +€393,843
up €393,843 (+103%), from €381,824 to €775,667
- Profit (loss) carried forward +€286,653
up €286,653 (+8.3%), from €3.5m to €3.8m
- Reserves +€273,650
up €273,650 (+67.7%), from €404,080 to €677,730
of which Tax-exempt reserves: +€273,650
Income statement
- Financial income -€135,273
down €135,273 (-66.8%), from €202,367 to €67,094
- Taxes -€86,199
down €86,199 (-31.3%), from €275,520 to €189,321
of which Taxes: -€84,986
- Services and other goods +€83,277
up €83,277 (+11.1%), from €751,194 to €834,471
- Goods and materials +€45,123
up €45,123 (+6.2%), from €728,230 to €773,353
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.
Result 2024
€797,237
Turnover
-€31,827
Other operating income
+€2,258
Goods and materials
-€45,123
Services and other goods
-€83,277
Staff costs
-€25,850
Depreciation
-€4,297
Other operating charges
+€187
Financial income
-€135,273
Financial charges
+€69
Taxes
+€86,199
Result 2025
€560,303
raises the resultlowers the result
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.
From operations
+€3.4m
Investment
-€3.4m
Financing
€0
Cash 2024
€22,493
From operations (derived)
+€3.4m
Net result for the year
+€560,303
Depreciation
+€456,169
Receivables within one year
+€1.8m
Deferred charges and accrued income
+€115,063
Trade debts
+€393,843
Tax, wage and social debts
-€3,055
Other debts
+€65,421
Investment (derived)
-€3.4m
Investment in fixed assets (net)
-€410,066
Current investments
-€3.0m
Cash 2025
€18,250
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,931,838 | €6,948,350 | +€1.0m | +17.1% |
| Fixed assets | 21/28 | €2,976,346 | €2,930,243 | -€46,103 | -1.5% |
| Intangible fixed assets | 21 | €7,524 | €257,010 | +€249,486 | +3,316% |
| Tangible fixed assets | 22/27 | €1,472,829 | €1,177,240 | -€295,589 | -20.1% |
| Land and buildings | 22 | €1,193 | €1,126 | -€67 | -5.6% |
| Plant, machinery and equipment | 23 | €797,421 | €811,109 | +€13,688 | +1.7% |
| Furniture and vehicles | 24 | €9,999 | €5,816 | -€4,183 | -41.8% |
| Other tangible fixed assets | 26 | €466,472 | €359,189 | -€107,283 | -23.0% |
| Assets under construction and advance payments | 27 | €197,744 | €0 | -€197,744 | -100% |
| Financial fixed assets | 28 | €1,495,993 | €1,495,993 | = | 0.0% |
| Affiliated companies | 280/1 | €1,495,968 | €1,495,968 | = | 0.0% |
| Participating interests | 280 | €1,495,968 | €1,495,968 | = | 0.0% |
| Other financial fixed assets | 284/8 | €25 | €25 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €2,955,492 | €4,018,107 | +€1.1m | +36.0% |
| Amounts receivable within one year | 40/41 | €2,736,594 | €918,515 | -€1.8m | -66.4% |
| Trade receivables | 40 | €267,247 | €481,396 | +€214,149 | +80.1% |
| Other amounts receivable | 41 | €2,469,347 | €437,119 | -€2.0m | -82.3% |
| Current investments | 50/53 | - | €3,000,000 | +€3.0m | |
| Other investments | 51/53 | - | €3,000,000 | +€3.0m | |
| Cash at bank and in hand | 54/58 | €22,493 | €18,250 | -€4,243 | -18.9% |
| Deferred charges and accrued income | 490/1 | €196,405 | €81,342 | -€115,063 | -58.6% |
| Total equity and liabilities | 10/49 | €5,931,838 | €6,948,350 | +€1.0m | +17.1% |
| Equity | 10/15 | €5,488,184 | €6,048,487 | +€560,303 | +10.2% |
| Contributions | 10/11 | €1,620,000 | €1,620,000 | = | 0.0% |
| Capital | 10 | €1,620,000 | €1,620,000 | = | 0.0% |
| Issued capital | 100 | €1,620,000 | €1,620,000 | = | 0.0% |
| Reserves | 13 | €404,080 | €677,730 | +€273,650 | +67.7% |
| Non-distributable reserves | 130/1 | €162,000 | €162,000 | = | 0.0% |
| Legal reserve | 130 | €162,000 | €162,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €273,650 | +€273,650 | |
| Distributable reserves | 133 | €242,080 | €242,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,464,104 | €3,750,757 | +€286,653 | +8.3% |
| Amounts payable | 17/49 | €443,654 | €899,863 | +€456,209 | +103% |
| Amounts payable after more than one year | 17 | €3,160 | €3,160 | = | 0.0% |
| Other amounts payable | 178/9 | €3,160 | €3,160 | = | 0.0% |
| Amounts payable within one year | 42/48 | €440,494 | €896,703 | +€456,209 | +104% |
| Trade debts | 44 | €381,824 | €775,667 | +€393,843 | +103% |
| Suppliers | 440/4 | €381,824 | €775,667 | +€393,843 | +103% |
| Taxes, remuneration and social security | 45 | €58,670 | €55,615 | -€3,055 | -5.2% |
| Taxes | 450/3 | €11,277 | €9,396 | -€1,881 | -16.7% |
| Remuneration and social security | 454/9 | €47,393 | €46,219 | -€1,174 | -2.5% |
| Other amounts payable | 47/48 | €0 | €65,421 | +€65,421 | |
| Operating income | 70/76A | €3,215,682 | €3,186,113 | -€29,569 | -0.9% |
| Turnover | 70 | €3,214,225 | €3,182,398 | -€31,827 | -1.0% |
| Other operating income | 74 | €1,457 | €3,715 | +€2,258 | +155% |
| Operating charges | 60/66A | €2,339,979 | €2,498,339 | +€158,360 | +6.8% |
| Goods for resale, raw materials and consumables | 60 | €728,230 | €773,353 | +€45,123 | +6.2% |
| Purchases | 600/8 | €728,230 | €773,353 | +€45,123 | +6.2% |
| Services and other goods | 61 | €751,194 | €834,471 | +€83,277 | +11.1% |
| Remuneration, social security and pensions | 62 | €408,294 | €434,144 | +€25,850 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451,872 | €456,169 | +€4,297 | +1.0% |
| Other operating charges | 640/8 | €389 | €202 | -€187 | -48.1% |
| Operating profit (loss) | 9901 | €875,703 | €687,774 | -€187,929 | -21.5% |
| Financial income | 75/76B | €202,367 | €67,094 | -€135,273 | -66.8% |
| Recurring financial income | 75 | €202,367 | €67,094 | -€135,273 | -66.8% |
| Income from current assets | 751 | €202,310 | €66,734 | -€135,576 | -67.0% |
| Other financial income | 752/9 | €57 | €360 | +€303 | +532% |
| Financial charges | 65/66B | €5,313 | €5,244 | -€69 | -1.3% |
| Recurring financial charges | 65 | €5,313 | €5,244 | -€69 | -1.3% |
| Other financial charges | 652/9 | €5,313 | €5,244 | -€69 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €1,072,757 | €749,624 | -€323,133 | -30.1% |
| Income taxes | 67/77 | €275,520 | €189,321 | -€86,199 | -31.3% |
| Taxes | 670/3 | €275,693 | €190,707 | -€84,986 | -30.8% |
| Tax adjustments and reversals of tax provisions | 77 | €173 | €1,386 | +€1,213 | +701% |
| Profit (loss) for the period | 9904 | €797,237 | €560,303 | -€236,934 | -29.7% |
| Transfer to tax-exempt reserves | 689 | - | €273,650 | +€273,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €797,237 | €286,653 | -€510,584 | -64.0% |
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 23 October 2026 via checked.be.