WALPOL: 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.
WALPOL
Largest movements
- Receivables within one year -€33,960
down €33,960 (-96.1%), from €35,330 to €1,370
- Cash +€1,344
up €1,344 (+320.2%), from €420 to €1,764
mainly Other debts (+€81,020) and Receivables within one year (+€33,960)
- Tax, wage and social debts -€102,107
down €102,107 (-100.0%), from €102,107 to €0
- Other debts +€81,020
new in 2026: €81,020
- Profit (loss) carried forward -€15,964
down €15,964 (-20.8%), from -€76,636 to -€92,600
- Accrued charges and deferred income +€5,363
new in 2026: €5,363
- Trade debts -€1,076
down €1,076 (-95.1%), from €1,132 to €56
- Financial charges -€11,463
down €11,463 (-68.0%), from €16,860 to €5,398
- Gross operating margin +€1,733
up €1,733 (+17.0%), from -€10,216 to -€8,483
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,522 | €3,759 | -€32,763 | -89.7% |
| Current assets | 29/58 | €36,522 | €3,759 | -€32,763 | -89.7% |
| Amounts receivable within one year | 40/41 | €35,330 | €1,370 | -€33,960 | -96.1% |
| Other amounts receivable | 41 | €35,330 | €1,370 | -€33,960 | -96.1% |
| Cash at bank and in hand | 54/58 | €420 | €1,764 | +€1,344 | +320.2% |
| Deferred charges and accrued income | 490/1 | €773 | €626 | -€147 | -19.0% |
| Total equity and liabilities | 10/49 | €36,522 | €3,759 | -€32,763 | -89.7% |
| Equity | 10/15 | -€66,716 | -€82,680 | -€15,964 | -23.9% |
| Contributions | 10/11 | €9,920 | €9,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,636 | -€92,600 | -€15,964 | -20.8% |
| Amounts payable | 17/49 | €103,239 | €86,439 | -€16,799 | -16.3% |
| Amounts payable within one year | 42/48 | €103,239 | €81,076 | -€22,163 | -21.5% |
| Trade debts | 44 | €1,132 | €56 | -€1,076 | -95.1% |
| Suppliers | 440/4 | €1,132 | €56 | -€1,076 | -95.1% |
| Taxes, remuneration and social security | 45 | €102,107 | €0 | -€102,107 | -100.0% |
| Taxes | 450/3 | €102,107 | €0 | -€102,107 | -100.0% |
| Other amounts payable | 47/48 | - | €81,020 | +€81,020 | |
| Accrued charges and deferred income | 492/3 | - | €5,363 | +€5,363 | |
| Other operating charges | 640/8 | €1,172 | €1,163 | -€8 | -0.7% |
| Non-recurring operating charges | 66A | €1,495 | €920 | -€575 | -38.5% |
| Gross operating margin | 9900 | -€10,216 | -€8,483 | +€1,733 | +17.0% |
| Operating profit (loss) | 9901 | -€12,883 | -€10,566 | +€2,316 | +18.0% |
| Financial charges | 65/66B | €16,860 | €5,398 | -€11,463 | -68.0% |
| Recurring financial charges | 65 | €16,860 | €5,398 | -€11,463 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,743 | -€15,964 | +€13,779 | +46.3% |
| Profit (loss) for the period | 9904 | -€29,743 | -€15,964 | +€13,779 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,743 | -€15,964 | +€13,779 | +46.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.