Walto: 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.
Walto
Largest movements
- Receivables within one year +€61,980
up €61,980 (+29.5%), from €210,221 to €272,201
of which Trade receivables: +€41,353
- Cash +€12,467
up €12,467 (+28.2%), from €44,161 to €56,628
mainly Net result for the year (+€146,498) and Trade debts (+€128,782)
- Tangible fixed assets -€4,873
down €4,873 (-26.6%), from €18,301 to €13,428
of which Furniture and vehicles: -€4,223
- Trade debts +€128,782
up €128,782 (+2,250%), from €5,723 to €134,505
of which Bills of exchange payable: +€68,621
- Other debts -€86,548
down €86,548 (-72.1%), from €120,048 to €33,500
- Accrued charges and deferred income +€11,697
new in 2025: €11,697
- Tax, wage and social debts +€9,299
up €9,299 (+18.0%), from €51,691 to €60,990
of which Taxes: +€8,254
- Profit (loss) carried forward +€6,498
up €6,498 (+8.7%), from €74,989 to €81,487
- Gross operating margin +€12,485
up €12,485 (+6.8%), from €184,087 to €196,572
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.
Derived cash bridge
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 | €272,912 | €342,640 | +€69,728 | +25.5% |
| Fixed assets | 21/28 | €18,301 | €13,428 | -€4,873 | -26.6% |
| Tangible fixed assets | 22/27 | €18,301 | €13,428 | -€4,873 | -26.6% |
| Plant, machinery and equipment | 23 | €1,128 | €478 | -€650 | -57.6% |
| Furniture and vehicles | 24 | €17,173 | €12,949 | -€4,223 | -24.6% |
| Current assets | 29/58 | €254,611 | €329,212 | +€74,601 | +29.3% |
| Amounts receivable within one year | 40/41 | €210,221 | €272,201 | +€61,980 | +29.5% |
| Trade receivables | 40 | €192,975 | €234,328 | +€41,353 | +21.4% |
| Other amounts receivable | 41 | €17,246 | €37,873 | +€20,627 | +120% |
| Cash at bank and in hand | 54/58 | €44,161 | €56,628 | +€12,467 | +28.2% |
| Deferred charges and accrued income | 490/1 | €229 | €383 | +€154 | +67.1% |
| Total equity and liabilities | 10/49 | €272,912 | €342,640 | +€69,728 | +25.5% |
| Equity | 10/15 | €95,449 | €101,947 | +€6,498 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,989 | €81,487 | +€6,498 | +8.7% |
| Amounts payable | 17/49 | €177,463 | €240,692 | +€63,230 | +35.6% |
| Amounts payable within one year | 42/48 | €177,463 | €228,995 | +€51,532 | +29.0% |
| Trade debts | 44 | €5,723 | €134,505 | +€128,782 | +2,250% |
| Suppliers | 440/4 | €5,723 | €65,884 | +€60,161 | +1,051% |
| Bills of exchange payable | 441 | - | €68,621 | +€68,621 | |
| Taxes, remuneration and social security | 45 | €51,691 | €60,990 | +€9,299 | +18.0% |
| Taxes | 450/3 | €50,304 | €58,558 | +€8,254 | +16.4% |
| Remuneration and social security | 454/9 | €1,387 | €2,432 | +€1,045 | +75.3% |
| Other amounts payable | 47/48 | €120,048 | €33,500 | -€86,548 | -72.1% |
| Accrued charges and deferred income | 492/3 | - | €11,697 | +€11,697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,792 | €5,255 | +€463 | +9.7% |
| Other operating charges | 640/8 | €166 | €524 | +€357 | +215% |
| Gross operating margin | 9900 | €184,087 | €196,572 | +€12,485 | +6.8% |
| Operating profit (loss) | 9901 | €179,128 | €190,793 | +€11,665 | +6.5% |
| Financial income | 75/76B | €357 | €243 | -€114 | -31.8% |
| Recurring financial income | 75 | €357 | €243 | -€114 | -31.8% |
| Financial charges | 65/66B | €50 | €115 | +€65 | +129% |
| Recurring financial charges | 65 | €50 | €115 | +€65 | +129% |
| Profit (loss) for the period before taxes | 9903 | €179,435 | €190,922 | +€11,487 | +6.4% |
| Income taxes | 67/77 | €44,820 | €44,424 | -€396 | -0.9% |
| Profit (loss) for the period | 9904 | €134,615 | €146,498 | +€11,883 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,615 | €146,498 | +€11,883 | +8.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.