WALPHARMA: 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.
WALPHARMA
Largest movements
- Receivables within one year -€37,141
down €37,141 (-66.4%), from €55,957 to €18,815
of which Other amounts receivable: -€33,967
- Tangible fixed assets -€20,663
down €20,663 (-82.8%), from €24,951 to €4,287
of which Other tangible fixed assets: -€17,069
- Current investments -€15,000
down €15,000 (-24.8%), from €60,453 to €45,453
- Stocks and contracts +€5,383
up €5,383 (+7.5%), from €71,403 to €76,785
- Cash -€4,483
down €4,483 (-8.3%), from €53,691 to €49,208
mainly Net result for the year (-€27,936) and Tax, wage and social debts (-€21,288)
- Profit (loss) carried forward -€27,936
down €27,936 (-26.4%), from €105,892 to €77,956
- Tax, wage and social debts -€21,288
down €21,288 (-83.1%), from €25,614 to €4,326
of which Taxes: -€14,966
- Trade debts -€14,626
down €14,626 (-39.2%), from €37,282 to €22,656
- Debts after one year -€11,268
no longer reported in 2024 (was €11,268)
- Other debts +€3,342
up €3,342 (+5.3%), from €62,797 to €66,139
- Gross operating margin -€3,469
down €3,469 (-8.0%), from €43,206 to €39,736
- Financial charges -€1,207
down €1,207 (-70.7%), from €1,707 to €500
- Financial income +€911
up €911 (+317.1%), from €287 to €1,199
of which Non-recurring financial income: +€1,199
- Taxes -€578
down €578 (-62.0%), from €932 to €354
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 | €276,687 | €202,753 | -€73,934 | -26.7% |
| Fixed assets | 21/28 | €26,050 | €5,387 | -€20,663 | -79.3% |
| Tangible fixed assets | 22/27 | €24,951 | €4,287 | -€20,663 | -82.8% |
| Plant, machinery and equipment | 23 | €931 | €32 | -€899 | -96.5% |
| Furniture and vehicles | 24 | €4,164 | €1,468 | -€2,695 | -64.7% |
| Other tangible fixed assets | 26 | €19,856 | €2,787 | -€17,069 | -86.0% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €250,636 | €197,366 | -€53,271 | -21.3% |
| Stocks and contracts in progress | 3 | €71,403 | €76,785 | +€5,383 | +7.5% |
| Stocks | 30/36 | €71,403 | €76,785 | +€5,383 | +7.5% |
| Amounts receivable within one year | 40/41 | €55,957 | €18,815 | -€37,141 | -66.4% |
| Trade receivables | 40 | €20,957 | €17,782 | -€3,175 | -15.1% |
| Other amounts receivable | 41 | €35,000 | €1,033 | -€33,967 | -97.0% |
| Current investments | 50/53 | €60,453 | €45,453 | -€15,000 | -24.8% |
| Cash at bank and in hand | 54/58 | €53,691 | €49,208 | -€4,483 | -8.3% |
| Deferred charges and accrued income | 490/1 | €9,133 | €7,104 | -€2,029 | -22.2% |
| Total equity and liabilities | 10/49 | €276,687 | €202,753 | -€73,934 | -26.7% |
| Equity | 10/15 | €126,343 | €98,407 | -€27,936 | -22.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,892 | €77,956 | -€27,936 | -26.4% |
| Amounts payable | 17/49 | €150,344 | €104,346 | -€45,998 | -30.6% |
| Amounts payable after more than one year | 17 | €11,268 | - | -€11,268 | |
| Financial debts | 170/4 | €11,268 | - | -€11,268 | |
| Amounts payable within one year | 42/48 | €139,075 | €104,346 | -€34,730 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €13,382 | €11,224 | -€2,158 | -16.1% |
| Trade debts | 44 | €37,282 | €22,656 | -€14,626 | -39.2% |
| Suppliers | 440/4 | €37,282 | €22,656 | -€14,626 | -39.2% |
| Taxes, remuneration and social security | 45 | €25,614 | €4,326 | -€21,288 | -83.1% |
| Taxes | 450/3 | €19,292 | €4,326 | -€14,966 | -77.6% |
| Remuneration and social security | 454/9 | €6,322 | - | -€6,322 | |
| Other amounts payable | 47/48 | €62,797 | €66,139 | +€3,342 | +5.3% |
| Remuneration, social security and pensions | 62 | €46,347 | €46,759 | +€412 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,809 | €20,663 | -€146 | -0.7% |
| Other operating charges | 640/8 | €512 | €594 | +€82 | +16.0% |
| Gross operating margin | 9900 | €43,206 | €39,736 | -€3,469 | -8.0% |
| Operating profit (loss) | 9901 | -€24,464 | -€28,281 | -€3,817 | -15.6% |
| Financial income | 75/76B | €287 | €1,199 | +€911 | +317.1% |
| Recurring financial income | 75 | €287 | €1,199 | +€911 | +317.1% |
| Non-recurring financial income | 76B | - | €1,199 | +€1,199 | |
| Financial charges | 65/66B | €1,707 | €500 | -€1,207 | -70.7% |
| Recurring financial charges | 65 | €1,707 | €500 | -€1,207 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,883 | -€27,582 | -€1,698 | -6.6% |
| Income taxes | 67/77 | €932 | €354 | -€578 | -62.0% |
| Profit (loss) for the period | 9904 | -€26,815 | -€27,936 | -€1,121 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,815 | -€27,936 | -€1,121 | -4.2% |
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 29 September 2026 via checked.be.