WALTAX: 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.
WALTAX
Largest movements
- Tangible fixed assets -€7,763
down €7,763 (-4.7%), from €166,170 to €158,408
of which Land and buildings: -€7,444
- Current investments -€5,205
no longer reported in 2026 (was €5,205)
- Cash +€2,000
new in 2026: €2,000
mainly Depreciation (+€7,763) and Other debts (+€5,587)
- Reserves -€14,546
down €14,546 (-10.3%), from €141,340 to €126,794
- Other debts +€5,587
up €5,587 (+25.9%), from €21,586 to €27,173
- Gross operating margin -€2,362
down €2,362 (-19.9%), from €11,847 to €9,484
- Financial charges -€460
down €460 (-31.8%), from €1,448 to €988
- Depreciation -€249
down €249 (-3.1%), from €8,011 to €7,763
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 | €171,795 | €161,107 | -€10,688 | -6.2% |
| Fixed assets | 21/28 | €166,170 | €158,608 | -€7,563 | -4.6% |
| Tangible fixed assets | 22/27 | €166,170 | €158,408 | -€7,763 | -4.7% |
| Land and buildings | 22 | €165,851 | €158,408 | -€7,444 | -4.5% |
| Furniture and vehicles | 24 | €319 | - | -€319 | |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €5,625 | €2,500 | -€3,125 | -55.6% |
| Amounts receivable within one year | 40/41 | - | €500 | +€500 | |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Current investments | 50/53 | €5,205 | - | -€5,205 | |
| Cash at bank and in hand | 54/58 | - | €2,000 | +€2,000 | |
| Deferred charges and accrued income | 490/1 | €421 | - | -€421 | |
| Total equity and liabilities | 10/49 | €171,795 | €161,107 | -€10,688 | -6.2% |
| Equity | 10/15 | €147,540 | €132,994 | -€14,546 | -9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €141,340 | €126,794 | -€14,546 | -10.3% |
| Distributable reserves | 133 | €141,340 | €126,794 | -€14,546 | -10.3% |
| Amounts payable | 17/49 | €24,255 | €28,114 | +€3,858 | +15.9% |
| Amounts payable within one year | 42/48 | €22,853 | €27,173 | +€4,320 | +18.9% |
| Taxes, remuneration and social security | 45 | €1,267 | - | -€1,267 | |
| Taxes | 450/3 | €1,267 | - | -€1,267 | |
| Other amounts payable | 47/48 | €21,586 | €27,173 | +€5,587 | +25.9% |
| Accrued charges and deferred income | 492/3 | €1,402 | €940 | -€461 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,011 | €7,763 | -€249 | -3.1% |
| Other operating charges | 640/8 | €1,548 | €1,600 | +€53 | +3.4% |
| Gross operating margin | 9900 | €11,847 | €9,484 | -€2,362 | -19.9% |
| Operating profit (loss) | 9901 | €2,288 | €122 | -€2,166 | -94.7% |
| Financial charges | 65/66B | €1,448 | €988 | -€460 | -31.8% |
| Recurring financial charges | 65 | €1,448 | €988 | -€460 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €840 | -€866 | -€1,706 | |
| Income taxes | 67/77 | €76 | - | -€76 | |
| Profit (loss) for the period | 9904 | €763 | -€866 | -€1,630 | |
| Profit (loss) for the period to be appropriated | 9905 | €763 | -€866 | -€1,630 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.