Walroche: 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.
Walroche
Largest movements
- Receivables within one year +€10,829
up €10,829 (+116.9%), from €9,264 to €20,093
of which Trade receivables: +€15,559
- Cash +€9,052
up €9,052 (+58.0%), from €15,616 to €24,668
mainly Net result for the year (+€16,772) and Tax, wage and social debts (+€11,604)
- Tangible fixed assets +€1,057
up €1,057 (+7.8%), from €13,569 to €14,626
of which Furniture and vehicles: +€1,842
- Tax, wage and social debts +€11,604
up €11,604 (+185.9%), from €6,241 to €17,845
of which Remuneration and social security: +€11,317
- Profit (loss) carried forward +€5,617
up €5,617 (+19.4%), from €28,980 to €34,598
- Trade debts +€3,613
up €3,613 (+2447.2%), from €148 to €3,761
- Gross operating margin +€32,382
up €32,382 (+124.8%), from €25,949 to €58,331
- Staff costs +€31,943
new in 2025: €31,943
- Taxes +€2,716
up €2,716 (+1481.6%), from €183 to €2,899
- Depreciation -€650
down €650 (-9.5%), from €6,844 to €6,194
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.
Cash bridge derived
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 | €41,369 | €62,203 | +€20,834 | +50.4% |
| Fixed assets | 21/28 | €13,644 | €14,979 | +€1,335 | +9.8% |
| Tangible fixed assets | 22/27 | €13,569 | €14,626 | +€1,057 | +7.8% |
| Furniture and vehicles | 24 | €12,071 | €13,913 | +€1,842 | +15.3% |
| Other tangible fixed assets | 26 | €1,498 | €713 | -€785 | -52.4% |
| Financial fixed assets | 28 | €75 | €353 | +€278 | +371.2% |
| Current assets | 29/58 | €27,725 | €47,224 | +€19,499 | +70.3% |
| Amounts receivable within one year | 40/41 | €9,264 | €20,093 | +€10,829 | +116.9% |
| Trade receivables | 40 | - | €15,559 | +€15,559 | |
| Other amounts receivable | 41 | €9,264 | €4,534 | -€4,730 | -51.1% |
| Cash at bank and in hand | 54/58 | €15,616 | €24,668 | +€9,052 | +58.0% |
| Deferred charges and accrued income | 490/1 | €2,845 | €2,463 | -€382 | -13.4% |
| Total equity and liabilities | 10/49 | €41,369 | €62,203 | +€20,834 | +50.4% |
| Equity | 10/15 | €34,980 | €40,598 | +€5,617 | +16.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,980 | €34,598 | +€5,617 | +19.4% |
| Amounts payable | 17/49 | €6,389 | €21,606 | +€15,217 | +238.2% |
| Amounts payable within one year | 42/48 | €6,389 | €21,606 | +€15,217 | +238.2% |
| Trade debts | 44 | €148 | €3,761 | +€3,613 | +2447.2% |
| Suppliers | 440/4 | €148 | €3,761 | +€3,613 | +2447.2% |
| Taxes, remuneration and social security | 45 | €6,241 | €17,845 | +€11,604 | +185.9% |
| Taxes | 450/3 | €5,657 | €5,944 | +€286 | +5.1% |
| Remuneration and social security | 454/9 | €584 | €11,901 | +€11,317 | +1937.9% |
| Non-recurring operating income | 76A | - | €580 | +€580 | |
| Remuneration, social security and pensions | 62 | - | €31,943 | +€31,943 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,844 | €6,194 | -€650 | -9.5% |
| Other operating charges | 640/8 | €749 | €1,031 | +€282 | +37.6% |
| Gross operating margin | 9900 | €25,949 | €58,331 | +€32,382 | +124.8% |
| Operating profit (loss) | 9901 | €18,356 | €19,164 | +€808 | +4.4% |
| Financial income | 75/76B | €603 | €693 | +€90 | +14.9% |
| Recurring financial income | 75 | €603 | €693 | +€90 | +14.9% |
| Financial charges | 65/66B | €206 | €186 | -€20 | -9.7% |
| Recurring financial charges | 65 | €206 | €186 | -€20 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €18,753 | €19,671 | +€917 | +4.9% |
| Income taxes | 67/77 | €183 | €2,899 | +€2,716 | +1481.6% |
| Profit (loss) for the period | 9904 | €18,570 | €16,772 | -€1,798 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,570 | €16,772 | -€1,798 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.