WALLYN: what changed
Two fiscal 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.
WALLYN
Largest movements
- Receivables within one year -€125,628
down €125,628 (-29.4%), from €427,576 to €301,948
of which Trade receivables: -€108,024
- Stocks and contracts -€13,786
down €13,786 (-7.0%), from €196,859 to €183,073
- Advances received -€55,422
down €55,422 (-92.7%), from €59,802 to €4,380
- Trade debts -€50,515
down €50,515 (-57.9%), from €87,236 to €36,720
- Other debts -€46,358
down €46,358 (-19.2%), from €241,663 to €195,305
- Reserves +€31,541
up €31,541 (+29.2%), from €107,998 to €139,539
of which Distributable reserves: +€29,941
- Gross operating margin -€12,641
down €12,641 (-22.0%), from €57,460 to €44,818
- Staff costs -€1,340
down €1,340 (-100.0%), from €1,340 to €0
- Depreciation +€1,043
up €1,043 (+14.2%), from €7,356 to €8,399
- Financial charges -€711
down €711 (-27.3%), from €2,602 to €1,892
- Other operating charges -€668
down €668 (-20.5%), from €3,257 to €2,588
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,010,767 | €879,240 | -€131,527 | -13.0% |
| Fixed assets | 21/28 | €352,900 | €352,209 | -€691 | -0.2% |
| Intangible fixed assets | 21 | €2,399 | €1,842 | -€556 | -23.2% |
| Tangible fixed assets | 22/27 | €16,185 | €15,951 | -€234 | -1.4% |
| Land and buildings | 22 | €4,331 | €3,651 | -€680 | -15.7% |
| Plant, machinery and equipment | 23 | €2,516 | €767 | -€1,749 | -69.5% |
| Furniture and vehicles | 24 | €9,338 | €11,533 | +€2,195 | +23.5% |
| Financial fixed assets | 28 | €334,317 | €334,416 | +€99 | 0.0% |
| Current assets | 29/58 | €657,867 | €527,031 | -€130,836 | -19.9% |
| Stocks and contracts in progress | 3 | €196,859 | €183,073 | -€13,786 | -7.0% |
| Stocks | 30/36 | €196,859 | €183,073 | -€13,786 | -7.0% |
| Amounts receivable within one year | 40/41 | €427,576 | €301,948 | -€125,628 | -29.4% |
| Trade receivables | 40 | €400,355 | €292,331 | -€108,024 | -27.0% |
| Other amounts receivable | 41 | €27,221 | €9,617 | -€17,604 | -64.7% |
| Cash at bank and in hand | 54/58 | €28,593 | €36,541 | +€7,948 | +27.8% |
| Deferred charges and accrued income | 490/1 | €4,839 | €5,470 | +€630 | +13.0% |
| Total equity and liabilities | 10/49 | €1,010,767 | €879,240 | -€131,527 | -13.0% |
| Equity | 10/15 | €607,998 | €639,539 | +€31,541 | +5.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €107,998 | €139,539 | +€31,541 | +29.2% |
| Non-distributable reserves | 130/1 | €23,231 | €24,831 | +€1,600 | +6.9% |
| Legal reserve | 130 | €23,231 | €24,831 | +€1,600 | +6.9% |
| Distributable reserves | 133 | €84,768 | €114,709 | +€29,941 | +35.3% |
| Amounts payable | 17/49 | €402,769 | €239,701 | -€163,068 | -40.5% |
| Amounts payable after more than one year | 17 | €2,606 | €0 | -€2,606 | -100.0% |
| Financial debts | 170/4 | €2,606 | €0 | -€2,606 | -100.0% |
| Amounts payable within one year | 42/48 | €400,163 | €239,701 | -€160,462 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €10,310 | €2,606 | -€7,704 | -74.7% |
| Trade debts | 44 | €87,236 | €36,720 | -€50,515 | -57.9% |
| Suppliers | 440/4 | €87,236 | €36,720 | -€50,515 | -57.9% |
| Advances received on contracts in progress | 46 | €59,802 | €4,380 | -€55,422 | -92.7% |
| Taxes, remuneration and social security | 45 | €1,152 | €689 | -€463 | -40.2% |
| Taxes | 450/3 | €1,152 | €689 | -€463 | -40.2% |
| Other amounts payable | 47/48 | €241,663 | €195,305 | -€46,358 | -19.2% |
| Remuneration, social security and pensions | 62 | €1,340 | €0 | -€1,340 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,356 | €8,399 | +€1,043 | +14.2% |
| Other operating charges | 640/8 | €3,257 | €2,588 | -€668 | -20.5% |
| Gross operating margin | 9900 | €57,460 | €44,818 | -€12,641 | -22.0% |
| Operating profit (loss) | 9901 | €45,506 | €33,830 | -€11,676 | -25.7% |
| Financial income | 75/76B | €78 | €1 | -€78 | -99.3% |
| Recurring financial income | 75 | €78 | €1 | -€78 | -99.3% |
| Financial charges | 65/66B | €2,602 | €1,892 | -€711 | -27.3% |
| Recurring financial charges | 65 | €2,602 | €1,892 | -€711 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €42,982 | €31,939 | -€11,043 | -25.7% |
| Income taxes | 67/77 | €291 | €398 | +€107 | +36.8% |
| Profit (loss) for the period | 9904 | €42,691 | €31,541 | -€11,150 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,691 | €31,541 | -€11,150 | -26.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.