Walter Interior: 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.
Walter Interior
Largest movements
- Cash +€99,354
up €99,354 (+111.4%), from €89,188 to €188,542
mainly Debts after one year (+€133,257) and Trade debts (+€62,719)
- Intangible fixed assets +€84,750
new in 2025: €84,750
- Tangible fixed assets +€40,142
up €40,142 (+108.6%), from €36,970 to €77,112
of which Furniture and vehicles: +€33,668
- Receivables within one year +€34,767
up €34,767 (+44.6%), from €77,897 to €112,663
of which Trade receivables: +€27,124
- Stocks and contracts +€22,099
new in 2025: €22,099
- Debts after one year +€133,257
up €133,257 (+708.4%), from €18,812 to €152,069
- Trade debts +€62,719
up €62,719 (+248.1%), from €25,277 to €87,997
- Accrued charges and deferred income +€50,000
new in 2025: €50,000
- Reserves +€48,746
up €48,746 (+362.0%), from €13,466 to €62,213
- Other debts -€39,055
down €39,055 (-60.8%), from €64,186 to €25,130
- Gross operating margin +€143,592
up €143,592 (+491.0%), from €29,248 to €172,840
- Staff costs +€56,645
new in 2025: €56,645
- Depreciation +€30,696
up €30,696 (+657.2%), from €4,670 to €35,366
- Taxes +€14,357
up €14,357 (+235.5%), from €6,096 to €20,453
- Financial charges +€3,116
up €3,116 (+49.8%), from €6,262 to €9,378
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 | €204,055 | €489,004 | +€284,949 | +139.6% |
| Fixed assets | 21/28 | €36,970 | €161,862 | +€124,892 | +337.8% |
| Intangible fixed assets | 21 | - | €84,750 | +€84,750 | |
| Tangible fixed assets | 22/27 | €36,970 | €77,112 | +€40,142 | +108.6% |
| Plant, machinery and equipment | 23 | - | €1,441 | +€1,441 | |
| Furniture and vehicles | 24 | €36,520 | €70,188 | +€33,668 | +92.2% |
| Other tangible fixed assets | 26 | €450 | €5,483 | +€5,032 | +1117.5% |
| Current assets | 29/58 | €167,085 | €327,142 | +€160,057 | +95.8% |
| Stocks and contracts in progress | 3 | - | €22,099 | +€22,099 | |
| Stocks | 30/36 | - | €22,099 | +€22,099 | |
| Amounts receivable within one year | 40/41 | €77,897 | €112,663 | +€34,767 | +44.6% |
| Trade receivables | 40 | €75,992 | €103,117 | +€27,124 | +35.7% |
| Other amounts receivable | 41 | €1,904 | €9,547 | +€7,643 | +401.4% |
| Cash at bank and in hand | 54/58 | €89,188 | €188,542 | +€99,354 | +111.4% |
| Deferred charges and accrued income | 490/1 | - | €3,838 | +€3,838 | |
| Total equity and liabilities | 10/49 | €204,055 | €489,004 | +€284,949 | +139.6% |
| Equity | 10/15 | €80,933 | €129,679 | +€48,746 | +60.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,466 | €62,213 | +€48,746 | +362.0% |
| Distributable reserves | 133 | €13,466 | €62,213 | +€48,746 | +362.0% |
| Profit (loss) carried forward | 14 | €61,267 | €61,267 | = | 0.0% |
| Amounts payable | 17/49 | €123,122 | €359,324 | +€236,203 | +191.8% |
| Amounts payable after more than one year | 17 | €18,812 | €152,069 | +€133,257 | +708.4% |
| Financial debts | 170/4 | €18,812 | €152,069 | +€133,257 | +708.4% |
| Amounts payable within one year | 42/48 | €104,310 | €157,255 | +€52,946 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €4,672 | €29,150 | +€24,479 | +524.0% |
| Trade debts | 44 | €25,277 | €87,997 | +€62,719 | +248.1% |
| Suppliers | 440/4 | €25,277 | €87,997 | +€62,719 | +248.1% |
| Advances received on contracts in progress | 46 | - | €4,475 | +€4,475 | |
| Taxes, remuneration and social security | 45 | €10,175 | €10,504 | +€329 | +3.2% |
| Taxes | 450/3 | €10,175 | €1,990 | -€8,185 | -80.4% |
| Remuneration and social security | 454/9 | - | €8,514 | +€8,514 | |
| Other amounts payable | 47/48 | €64,186 | €25,130 | -€39,055 | -60.8% |
| Accrued charges and deferred income | 492/3 | - | €50,000 | +€50,000 | |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | - | €56,645 | +€56,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,670 | €35,366 | +€30,696 | +657.2% |
| Other operating charges | 640/8 | €615 | €2,703 | +€2,089 | +339.8% |
| Gross operating margin | 9900 | €29,248 | €172,840 | +€143,592 | +491.0% |
| Operating profit (loss) | 9901 | €23,963 | €78,126 | +€54,163 | +226.0% |
| Financial income | 75/76B | €1 | €451 | +€450 | +34600.8% |
| Recurring financial income | 75 | €1 | €451 | +€450 | +34600.8% |
| Financial charges | 65/66B | €6,262 | €9,378 | +€3,116 | +49.8% |
| Recurring financial charges | 65 | €6,262 | €9,378 | +€3,116 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | €17,702 | €69,199 | +€51,497 | +290.9% |
| Income taxes | 67/77 | €6,096 | €20,453 | +€14,357 | +235.5% |
| Profit (loss) for the period | 9904 | €11,606 | €48,746 | +€37,140 | +320.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,606 | €48,746 | +€37,140 | +320.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.