WALLOON TECHNOLOGY: what changed
WALLOON TECHNOLOGY
Largest movements
- Receivables within one year +€68,565
up €68,565 (+50.8%), from €134,958 to €203,523
of which Trade receivables: +€90,134
- Financial fixed assets +€60,000
up €60,000 (+92.3%), from €65,000 to €125,000
- Cash -€15,004
down €15,004 (-3.6%), from €421,080 to €406,077
mainly Receivables within one year (-€68,565) and Investment in fixed assets (net) (-€60,000)
- Tangible fixed assets -€14,745
down €14,745 (-28.9%), from €51,072 to €36,327
- Reserves +€79,700
up €79,700 (+27.8%), from €286,852 to €366,552
of which Distributable reserves: +€79,700
- Other debts -€28,690
down €28,690 (-16.2%), from €176,934 to €148,243
- Tax, wage and social debts +€25,928
up €25,928 (+429%), from €6,050 to €31,979
- Trade debts +€21,084
up €21,084 (+49.3%), from €42,760 to €63,844
- Gross operating margin +€35,638
up €35,638 (+37.8%), from €94,338 to €129,975
- Taxes +€8,593
up €8,593 (+29.8%), from €28,866 to €37,458
- Financial income -€3,989
down €3,989 (-62.0%), from €6,433 to €2,445
- Other operating charges -€1,436
down €1,436 (-100.0%), from €1,436 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €676,427 | €774,500 | +€98,073 | +14.5% |
| Fixed assets | 21/28 | €116,072 | €161,327 | +€45,255 | +39.0% |
| Tangible fixed assets | 22/27 | €51,072 | €36,327 | -€14,745 | -28.9% |
| Furniture and vehicles | 24 | €51,072 | €36,327 | -€14,745 | -28.9% |
| Financial fixed assets | 28 | €65,000 | €125,000 | +€60,000 | +92.3% |
| Current assets | 29/58 | €560,355 | €613,173 | +€52,818 | +9.4% |
| Amounts receivable after more than one year | 29 | €1,116 | €0 | -€1,116 | -100% |
| Other amounts receivable | 291 | €1,116 | €0 | -€1,116 | -100% |
| Stocks and contracts in progress | 3 | €3,022 | €2,589 | -€434 | -14.4% |
| Stocks | 30/36 | €3,022 | €2,589 | -€434 | -14.4% |
| Amounts receivable within one year | 40/41 | €134,958 | €203,523 | +€68,565 | +50.8% |
| Trade receivables | 40 | €109,177 | €199,311 | +€90,134 | +82.6% |
| Other amounts receivable | 41 | €25,780 | €4,212 | -€21,569 | -83.7% |
| Cash at bank and in hand | 54/58 | €421,080 | €406,077 | -€15,004 | -3.6% |
| Deferred charges and accrued income | 490/1 | €179 | €985 | +€806 | +450% |
| Total equity and liabilities | 10/49 | €676,427 | €774,500 | +€98,073 | +14.5% |
| Equity | 10/15 | €450,683 | €530,433 | +€79,751 | +17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €286,852 | €366,552 | +€79,700 | +27.8% |
| Non-distributable reserves | 130/1 | €5,202 | €5,202 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,202 | €5,202 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €262,900 | €342,600 | +€79,700 | +30.3% |
| Profit (loss) carried forward | 14 | €145,231 | €145,282 | +€51 | 0.0% |
| Amounts payable | 17/49 | €225,745 | €244,066 | +€18,322 | +8.1% |
| Amounts payable within one year | 42/48 | €225,745 | €244,066 | +€18,322 | +8.1% |
| Trade debts | 44 | €42,760 | €63,844 | +€21,084 | +49.3% |
| Suppliers | 440/4 | €42,760 | €63,844 | +€21,084 | +49.3% |
| Taxes, remuneration and social security | 45 | €6,050 | €31,979 | +€25,928 | +429% |
| Taxes | 450/3 | €6,050 | €31,979 | +€25,928 | +429% |
| Other amounts payable | 47/48 | €176,934 | €148,243 | -€28,690 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,480 | €14,745 | +€265 | +1.8% |
| Other operating charges | 640/8 | €1,436 | €0 | -€1,436 | -100.0% |
| Gross operating margin | 9900 | €94,338 | €129,975 | +€35,638 | +37.8% |
| Operating profit (loss) | 9901 | €78,421 | €115,230 | +€36,809 | +46.9% |
| Financial income | 75/76B | €6,433 | €2,445 | -€3,989 | -62.0% |
| Recurring financial income | 75 | €6,433 | €2,445 | -€3,989 | -62.0% |
| Financial charges | 65/66B | €235 | €466 | +€231 | +98.2% |
| Recurring financial charges | 65 | €235 | €466 | +€231 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €84,620 | €117,209 | +€32,589 | +38.5% |
| Income taxes | 67/77 | €28,866 | €37,458 | +€8,593 | +29.8% |
| Profit (loss) for the period | 9904 | €55,754 | €79,751 | +€23,997 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,754 | €79,751 | +€23,997 | +43.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.