WALSORT: 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.
WALSORT
Largest movements
- Cash +€105,492
up €105,492 (+137.9%), from €76,486 to €181,978
mainly Other debts (+€152,031) and Receivables within one year (+€89,846)
- Receivables within one year -€89,846
down €89,846 (-93.1%), from €96,510 to €6,664
of which Other amounts receivable: -€70,398
- Current investments +€26,299
up €26,299 (+9.6%), from €275,000 to €301,299
- Deferred charges and accrued income -€9,875
down €9,875 (-98.9%), from €9,985 to €109
- Other debts +€152,031
up €152,031 (+148.5%), from €102,403 to €254,434
- Reserves -€122,241
down €122,241 (-37.5%), from €325,817 to €203,576
- Gross operating margin -€6,454
down €6,454 (-12.8%), from €50,474 to €44,021
- Financial income -€4,856
down €4,856 (-41.9%), from €11,576 to €6,720
- Taxes -€2,792
down €2,792 (-19.0%), from €14,711 to €11,918
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 | €458,446 | €490,880 | +€32,434 | +7.1% |
| Fixed assets | 21/28 | €465 | €830 | +€365 | +78.4% |
| Tangible fixed assets | 22/27 | €465 | €830 | +€365 | +78.4% |
| Plant, machinery and equipment | 23 | - | €830 | +€830 | |
| Furniture and vehicles | 24 | €465 | - | -€465 | |
| Current assets | 29/58 | €457,981 | €490,050 | +€32,070 | +7.0% |
| Amounts receivable within one year | 40/41 | €96,510 | €6,664 | -€89,846 | -93.1% |
| Trade receivables | 40 | €26,103 | €6,655 | -€19,448 | -74.5% |
| Other amounts receivable | 41 | €70,407 | €9 | -€70,398 | -100.0% |
| Current investments | 50/53 | €275,000 | €301,299 | +€26,299 | +9.6% |
| Cash at bank and in hand | 54/58 | €76,486 | €181,978 | +€105,492 | +137.9% |
| Deferred charges and accrued income | 490/1 | €9,985 | €109 | -€9,875 | -98.9% |
| Total equity and liabilities | 10/49 | €458,446 | €490,880 | +€32,434 | +7.1% |
| Equity | 10/15 | €338,112 | €215,871 | -€122,241 | -36.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €325,817 | €203,576 | -€122,241 | -37.5% |
| Distributable reserves | 133 | €325,817 | €203,576 | -€122,241 | -37.5% |
| Profit (loss) carried forward | 14 | €6,095 | €6,095 | = | 0.0% |
| Amounts payable | 17/49 | €120,334 | €275,009 | +€154,675 | +128.5% |
| Amounts payable within one year | 42/48 | €120,334 | €275,009 | +€154,675 | +128.5% |
| Trade debts | 44 | €901 | €393 | -€508 | -56.4% |
| Suppliers | 440/4 | €901 | €393 | -€508 | -56.4% |
| Taxes, remuneration and social security | 45 | €17,030 | €20,182 | +€3,152 | +18.5% |
| Taxes | 450/3 | €17,030 | €20,182 | +€3,152 | +18.5% |
| Other amounts payable | 47/48 | €102,403 | €254,434 | +€152,031 | +148.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,311 | €870 | -€442 | -33.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €50,474 | €44,021 | -€6,454 | -12.8% |
| Operating profit (loss) | 9901 | €48,776 | €42,751 | -€6,025 | -12.4% |
| Financial income | 75/76B | €11,576 | €6,720 | -€4,856 | -41.9% |
| Recurring financial income | 75 | €11,576 | €6,720 | -€4,856 | -41.9% |
| Financial charges | 65/66B | €7,732 | €7,411 | -€321 | -4.2% |
| Recurring financial charges | 65 | €7,732 | €7,411 | -€321 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €52,620 | €42,061 | -€10,559 | -20.1% |
| Income taxes | 67/77 | €14,711 | €11,918 | -€2,792 | -19.0% |
| Profit (loss) for the period | 9904 | €37,910 | €30,143 | -€7,767 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,910 | €30,143 | -€7,767 | -20.5% |
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 30 September 2026 via checked.be.