WALUSZKO.S: 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.
WALUSZKO.S
Largest movements
- Cash +€162,280
up €162,280 (+78.2%), from €207,623 to €369,903
mainly Net result for the year (+€167,587) and Depreciation (+€16,604)
- Receivables within one year +€14,062
up €14,062 (+20.5%), from €68,578 to €82,640
of which Trade receivables: +€19,541
- Reserves +€160,000
up €160,000 (+8,602%), from €1,860 to €161,860
of which Distributable reserves: +€160,000
- Debts after one year -€10,389
down €10,389 (-53.8%), from €19,319 to €8,929
- Current portion of long-term debt +€9,505
up €9,505 (+59.6%), from €15,943 to €25,448
- Gross operating margin +€125,128
up €125,128 (+87.1%), from €143,585 to €268,713
- Taxes +€48,165
up €48,165 (+191%), from €25,280 to €73,446
- Other operating charges -€3,650
down €3,650 (-26.5%), from €13,762 to €10,112
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 | €599,309 | €769,407 | +€170,098 | +28.4% |
| Fixed assets | 21/28 | €314,319 | €308,669 | -€5,650 | -1.8% |
| Tangible fixed assets | 22/27 | €314,319 | €308,669 | -€5,650 | -1.8% |
| Land and buildings | 22 | €283,706 | €276,506 | -€7,200 | -2.5% |
| Plant, machinery and equipment | 23 | €5,119 | €4,438 | -€681 | -13.3% |
| Furniture and vehicles | 24 | €25,493 | €27,724 | +€2,231 | +8.8% |
| Current assets | 29/58 | €284,990 | €460,739 | +€175,749 | +61.7% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,578 | €82,640 | +€14,062 | +20.5% |
| Trade receivables | 40 | €62,477 | €82,018 | +€19,541 | +31.3% |
| Other amounts receivable | 41 | €6,101 | €621 | -€5,479 | -89.8% |
| Cash at bank and in hand | 54/58 | €207,623 | €369,903 | +€162,280 | +78.2% |
| Deferred charges and accrued income | 490/1 | €3,789 | €3,196 | -€593 | -15.7% |
| Total equity and liabilities | 10/49 | €599,309 | €769,407 | +€170,098 | +28.4% |
| Equity | 10/15 | €512,155 | €679,742 | +€167,587 | +32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €161,860 | +€160,000 | +8,602% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €160,000 | +€160,000 | |
| Profit (loss) carried forward | 14 | €504,095 | €511,682 | +€7,587 | +1.5% |
| Amounts payable | 17/49 | €87,154 | €89,666 | +€2,511 | +2.9% |
| Amounts payable after more than one year | 17 | €19,319 | €8,929 | -€10,389 | -53.8% |
| Financial debts | 170/4 | €19,319 | €8,929 | -€10,389 | -53.8% |
| Amounts payable within one year | 42/48 | €67,836 | €80,736 | +€12,901 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €15,943 | €25,448 | +€9,505 | +59.6% |
| Trade debts | 44 | €10,207 | €10,557 | +€350 | +3.4% |
| Suppliers | 440/4 | €10,207 | €10,557 | +€350 | +3.4% |
| Taxes, remuneration and social security | 45 | €30,235 | €33,399 | +€3,163 | +10.5% |
| Taxes | 450/3 | €23,635 | €33,249 | +€9,613 | +40.7% |
| Remuneration and social security | 454/9 | €6,600 | €150 | -€6,450 | -97.7% |
| Other amounts payable | 47/48 | €11,450 | €11,332 | -€118 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,417 | €16,604 | +€2,187 | +15.2% |
| Other operating charges | 640/8 | €13,762 | €10,112 | -€3,650 | -26.5% |
| Gross operating margin | 9900 | €143,585 | €268,713 | +€125,128 | +87.1% |
| Operating profit (loss) | 9901 | €115,406 | €241,997 | +€126,591 | +110% |
| Financial income | 75/76B | €2,795 | €1,781 | -€1,014 | -36.3% |
| Recurring financial income | 75 | €2,795 | €1,781 | -€1,014 | -36.3% |
| Financial charges | 65/66B | €2,328 | €2,745 | +€417 | +17.9% |
| Recurring financial charges | 65 | €2,328 | €2,745 | +€417 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €115,873 | €241,033 | +€125,160 | +108% |
| Income taxes | 67/77 | €25,280 | €73,446 | +€48,165 | +191% |
| Profit (loss) for the period | 9904 | €90,593 | €167,587 | +€76,994 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,593 | €167,587 | +€76,994 | +85.0% |
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 23 October 2026 via checked.be.