WALMAR PROJECT CONSULT: 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.
WALMAR PROJECT CONSULT
Largest movements
- Stocks and contracts +€5,000
new in 2025: €5,000
- Tangible fixed assets +€1,197
up €1,197 (+37.4%), from €3,200 to €4,397
- Cash +€355
up €355 (+188%), from €189 to €545
mainly Other debts (+€7,895) and Advances received (+€5,000)
- Other debts +€7,895
up €7,895 (+12.9%), from €61,289 to €69,184
- Profit (loss) carried forward -€6,810
down €6,810 (-6.2%), from -€109,020 to -€115,830
- Advances received +€5,000
new in 2025: €5,000
- Trade debts +€233
up €233 (+534%), from €44 to €276
- Tax, wage and social debts +€219
up €219 (+3.2%), from €6,903 to €7,121
- Gross operating margin -€50,458
down €50,458, from €44,734 to -€5,724
- Taxes -€5,542
down €5,542 (-95.4%), from €5,809 to €267
- Other operating charges -€2,307
down €2,307 (-73.3%), from €3,148 to €841
- Depreciation -€557
down €557 (-99.5%), from €560 to €3
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 | €3,550 | €10,086 | +€6,536 | +184% |
| Fixed assets | 21/28 | €3,200 | €4,397 | +€1,197 | +37.4% |
| Tangible fixed assets | 22/27 | €3,200 | €4,397 | +€1,197 | +37.4% |
| Land and buildings | 22 | €3,200 | €4,397 | +€1,197 | +37.4% |
| Current assets | 29/58 | €350 | €5,689 | +€5,339 | +1,527% |
| Stocks and contracts in progress | 3 | - | €5,000 | +€5,000 | |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €42 | €22 | -€20 | -47.7% |
| Other amounts receivable | 41 | €42 | €22 | -€20 | -47.7% |
| Cash at bank and in hand | 54/58 | €189 | €545 | +€355 | +188% |
| Deferred charges and accrued income | 490/1 | €118 | €122 | +€4 | +3.4% |
| Total equity and liabilities | 10/49 | €3,550 | €10,086 | +€6,536 | +184% |
| Equity | 10/15 | -€64,686 | -€71,495 | -€6,810 | -10.5% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €6,834 | €6,834 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,641 | €5,641 | = | 0.0% |
| Distributable reserves | 133 | €1,194 | €1,194 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,020 | -€115,830 | -€6,810 | -6.2% |
| Amounts payable | 17/49 | €68,236 | €81,582 | +€13,346 | +19.6% |
| Amounts payable within one year | 42/48 | €68,236 | €81,582 | +€13,346 | +19.6% |
| Trade debts | 44 | €44 | €276 | +€233 | +534% |
| Suppliers | 440/4 | €44 | €276 | +€233 | +534% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €6,903 | €7,121 | +€219 | +3.2% |
| Taxes | 450/3 | €6,903 | €7,121 | +€219 | +3.2% |
| Other amounts payable | 47/48 | €61,289 | €69,184 | +€7,895 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €560 | €3 | -€557 | -99.5% |
| Other operating charges | 640/8 | €3,148 | €841 | -€2,307 | -73.3% |
| Gross operating margin | 9900 | €44,734 | -€5,724 | -€50,458 | |
| Operating profit (loss) | 9901 | €41,027 | -€6,567 | -€47,594 | |
| Financial income | 75/76B | €24 | €89 | +€65 | +271% |
| Recurring financial income | 75 | €24 | €89 | +€65 | +271% |
| Financial charges | 65/66B | €94 | €65 | -€30 | -31.4% |
| Recurring financial charges | 65 | €94 | €65 | -€30 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €40,957 | -€6,543 | -€47,499 | |
| Income taxes | 67/77 | €5,809 | €267 | -€5,542 | -95.4% |
| Profit (loss) for the period | 9904 | €35,148 | -€6,810 | -€41,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,148 | -€6,810 | -€41,958 |
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.