WALVAN ACCOUNTANT: 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.
WALVAN ACCOUNTANT
Largest movements
- Cash +€6,147
up €6,147 (+20.1%), from €30,613 to €36,761
mainly Net result for the year (+€12,353) and Other debts (+€3,021)
- Receivables within one year +€2,775
up €2,775 (+29.7%), from €9,354 to €12,129
of which Other amounts receivable: +€2,498
- Tangible fixed assets -€1,504
down €1,504 (-58.4%), from €2,576 to €1,072
of which Furniture and vehicles: -€1,504
- Reserves +€3,152
up €3,152 (+10.5%), from €29,960 to €33,112
- Other debts +€3,021
up €3,021 (+224%), from €1,351 to €4,372
- Tax, wage and social debts +€984
up €984 (+11.1%), from €8,842 to €9,826
of which Remuneration and social security: +€1,775
- Gross operating margin -€6,403
down €6,403 (-22.0%), from €29,046 to €22,642
- Taxes -€1,220
down €1,220 (-13.2%), from €9,222 to €8,002
- Depreciation -€683
down €683 (-31.2%), from €2,186 to €1,504
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 | €42,874 | €49,962 | +€7,088 | +16.5% |
| Fixed assets | 21/28 | €2,576 | €1,072 | -€1,504 | -58.4% |
| Tangible fixed assets | 22/27 | €2,576 | €1,072 | -€1,504 | -58.4% |
| Furniture and vehicles | 24 | €2,576 | €1,072 | -€1,504 | -58.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €40,298 | €48,890 | +€8,592 | +21.3% |
| Amounts receivable within one year | 40/41 | €9,354 | €12,129 | +€2,775 | +29.7% |
| Trade receivables | 40 | €9,342 | €9,619 | +€277 | +3.0% |
| Other amounts receivable | 41 | €12 | €2,511 | +€2,498 | +20,131% |
| Cash at bank and in hand | 54/58 | €30,613 | €36,761 | +€6,147 | +20.1% |
| Deferred charges and accrued income | 490/1 | €331 | - | -€331 | |
| Total equity and liabilities | 10/49 | €42,874 | €49,962 | +€7,088 | +16.5% |
| Equity | 10/15 | €31,460 | €34,612 | +€3,152 | +10.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €29,960 | €33,112 | +€3,152 | +10.5% |
| Distributable reserves | 133 | €29,960 | €33,112 | +€3,152 | +10.5% |
| Amounts payable | 17/49 | €11,414 | €15,351 | +€3,936 | +34.5% |
| Amounts payable within one year | 42/48 | €11,414 | €15,351 | +€3,936 | +34.5% |
| Trade debts | 44 | €1,222 | €1,153 | -€69 | -5.6% |
| Suppliers | 440/4 | €1,222 | €1,153 | -€69 | -5.6% |
| Taxes, remuneration and social security | 45 | €8,842 | €9,826 | +€984 | +11.1% |
| Taxes | 450/3 | €6,743 | €5,952 | -€791 | -11.7% |
| Remuneration and social security | 454/9 | €2,099 | €3,873 | +€1,775 | +84.6% |
| Other amounts payable | 47/48 | €1,351 | €4,372 | +€3,021 | +224% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,186 | €1,504 | -€683 | -31.2% |
| Other operating charges | 640/8 | €727 | €730 | +€3 | +0.4% |
| Gross operating margin | 9900 | €29,046 | €22,642 | -€6,403 | -22.0% |
| Operating profit (loss) | 9901 | €26,132 | €20,408 | -€5,724 | -21.9% |
| Financial charges | 65/66B | €50 | €54 | +€4 | +8.4% |
| Recurring financial charges | 65 | €50 | €54 | +€4 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €26,082 | €20,354 | -€5,728 | -22.0% |
| Income taxes | 67/77 | €9,222 | €8,002 | -€1,220 | -13.2% |
| Profit (loss) for the period | 9904 | €16,860 | €12,353 | -€4,507 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,860 | €12,353 | -€4,507 | -26.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.