WaLK Engineering: what changed
WaLK Engineering
Largest movements
- Receivables within one year +€89,499
up €89,499 (+119%), from €75,029 to €164,527
of which Trade receivables: +€97,776
- Current investments +€70,000
up €70,000 (+30.4%), from €230,000 to €300,000
- Intangible fixed assets -€53,529
down €53,529 (-10.8%), from €494,922 to €441,393
- Deferred charges and accrued income +€21,578
up €21,578 (+237%), from €9,117 to €30,695
- Profit (loss) carried forward +€218,917
up €218,917 (+134%), from €163,451 to €382,368
- Trade debts -€95,301
down €95,301 (-22.6%), from €421,755 to €326,454
- Tax, wage and social debts +€72,699
up €72,699 (+80.7%), from €90,127 to €162,826
of which Taxes: +€48,589
- Other debts -€56,709
down €56,709 (-35.4%), from €160,052 to €103,343
- Gross operating margin +€242,528
up €242,528 (+33.2%), from €729,884 to €972,411
- Staff costs +€119,319
up €119,319 (+26.0%), from €458,923 to €578,242
- Financial charges +€33,519
up €33,519 (+774%), from €4,328 to €37,847
- Taxes +€18,941
up €18,941 (+30.7%), from €61,726 to €80,667
- Depreciation +€18,222
up €18,222 (+42.4%), from €42,967 to €61,189
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 | €861,583 | €989,665 | +€128,082 | +14.9% |
| Fixed assets | 21/28 | €513,878 | €454,310 | -€59,568 | -11.6% |
| Intangible fixed assets | 21 | €494,922 | €441,393 | -€53,529 | -10.8% |
| Tangible fixed assets | 22/27 | €18,956 | €12,917 | -€6,039 | -31.9% |
| Furniture and vehicles | 24 | €18,956 | €12,917 | -€6,039 | -31.9% |
| Current assets | 29/58 | €347,706 | €535,355 | +€187,649 | +54.0% |
| Amounts receivable within one year | 40/41 | €75,029 | €164,527 | +€89,499 | +119% |
| Trade receivables | 40 | €19,448 | €117,224 | +€97,776 | +503% |
| Other amounts receivable | 41 | €55,581 | €47,303 | -€8,277 | -14.9% |
| Current investments | 50/53 | €230,000 | €300,000 | +€70,000 | +30.4% |
| Cash at bank and in hand | 54/58 | €33,561 | €40,133 | +€6,572 | +19.6% |
| Deferred charges and accrued income | 490/1 | €9,117 | €30,695 | +€21,578 | +237% |
| Total equity and liabilities | 10/49 | €861,583 | €989,665 | +€128,082 | +14.9% |
| Equity | 10/15 | €166,451 | €385,368 | +€218,917 | +132% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,451 | €382,368 | +€218,917 | +134% |
| Amounts payable | 17/49 | €695,133 | €604,297 | -€90,835 | -13.1% |
| Amounts payable after more than one year | 17 | €7,798 | €5,826 | -€1,972 | -25.3% |
| Financial debts | 170/4 | €7,798 | €5,826 | -€1,972 | -25.3% |
| Amounts payable within one year | 42/48 | €687,335 | €598,472 | -€88,863 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €15,401 | €5,849 | -€9,552 | -62.0% |
| Trade debts | 44 | €421,755 | €326,454 | -€95,301 | -22.6% |
| Suppliers | 440/4 | €421,755 | €326,454 | -€95,301 | -22.6% |
| Taxes, remuneration and social security | 45 | €90,127 | €162,826 | +€72,699 | +80.7% |
| Taxes | 450/3 | €21,245 | €69,834 | +€48,589 | +229% |
| Remuneration and social security | 454/9 | €68,882 | €92,992 | +€24,110 | +35.0% |
| Other amounts payable | 47/48 | €160,052 | €103,343 | -€56,709 | -35.4% |
| Remuneration, social security and pensions | 62 | €458,923 | €578,242 | +€119,319 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,967 | €61,189 | +€18,222 | +42.4% |
| Other operating charges | 640/8 | €160 | €408 | +€248 | +155% |
| Gross operating margin | 9900 | €729,884 | €972,411 | +€242,528 | +33.2% |
| Operating profit (loss) | 9901 | €227,834 | €332,573 | +€104,739 | +46.0% |
| Financial income | 75/76B | €1,671 | €4,859 | +€3,187 | +191% |
| Recurring financial income | 75 | €1,671 | €4,859 | +€3,187 | +191% |
| Financial charges | 65/66B | €4,328 | €37,847 | +€33,519 | +774% |
| Recurring financial charges | 65 | €4,328 | €37,847 | +€33,519 | +774% |
| Profit (loss) for the period before taxes | 9903 | €225,177 | €299,584 | +€74,408 | +33.0% |
| Income taxes | 67/77 | €61,726 | €80,667 | +€18,941 | +30.7% |
| Profit (loss) for the period | 9904 | €163,451 | €218,917 | +€55,466 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €163,451 | €218,917 | +€55,466 | +33.9% |
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 1 November 2026 via checked.be.