BROUWERIJ WOLF: 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.
BROUWERIJ WOLF
Largest movements
- Cash +€13,166
up €13,166 (+196.2%), from €6,711 to €19,876
mainly Net result for the year (+€24,430) and Other debts (+€19,487)
- Receivables within one year -€10,471
down €10,471 (-69.7%), from €15,022 to €4,551
of which Trade receivables: -€10,500
- Stocks and contracts -€1,911
down €1,911 (-6.8%), from €28,069 to €26,158
- Debts after one year -€42,641
down €42,641 (-14.4%), from €295,116 to €252,475
- Profit (loss) carried forward +€24,430
up €24,430 (+1.6%), from -€1.5m to -€1.5m
- Other debts +€19,487
up €19,487 (+6.0%), from €326,997 to €346,484
- Tax, wage and social debts -€1,557
down €1,557 (-49.3%), from €3,156 to €1,599
- Current portion of long-term debt +€1,155
up €1,155 (+2.8%), from €41,485 to €42,641
- Gross operating margin +€26,248
up €26,248 (+178.6%), from €14,700 to €40,949
- Other operating charges -€14,075
down €14,075 (-66.0%), from €21,313 to €7,238
- Financial charges -€971
down €971 (-9.5%), from €10,253 to €9,281
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.
Cash bridge derived
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 | €57,437 | €57,686 | +€249 | +0.4% |
| Fixed assets | 21/28 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €50,437 | €50,686 | +€249 | +0.5% |
| Stocks and contracts in progress | 3 | €28,069 | €26,158 | -€1,911 | -6.8% |
| Stocks | 30/36 | €28,069 | €26,158 | -€1,911 | -6.8% |
| Amounts receivable within one year | 40/41 | €15,022 | €4,551 | -€10,471 | -69.7% |
| Trade receivables | 40 | €15,022 | €4,521 | -€10,500 | -69.9% |
| Other amounts receivable | 41 | €0 | €29 | +€29 | |
| Cash at bank and in hand | 54/58 | €6,711 | €19,876 | +€13,166 | +196.2% |
| Deferred charges and accrued income | 490/1 | €636 | €100 | -€536 | -84.3% |
| Total equity and liabilities | 10/49 | €57,437 | €57,686 | +€249 | +0.4% |
| Equity | 10/15 | -€659,455 | -€635,025 | +€24,430 | +3.7% |
| Contributions | 10/11 | €855,450 | €855,450 | = | 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 | -€1,516,765 | -€1,492,335 | +€24,430 | +1.6% |
| Amounts payable | 17/49 | €716,892 | €692,710 | -€24,181 | -3.4% |
| Amounts payable after more than one year | 17 | €295,116 | €252,475 | -€42,641 | -14.4% |
| Financial debts | 170/4 | €295,116 | €252,475 | -€42,641 | -14.4% |
| Amounts payable within one year | 42/48 | €417,591 | €436,050 | +€18,460 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €41,485 | €42,641 | +€1,155 | +2.8% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €45,952 | €45,326 | -€626 | -1.4% |
| Suppliers | 440/4 | €45,952 | €45,326 | -€626 | -1.4% |
| Taxes, remuneration and social security | 45 | €3,156 | €1,599 | -€1,557 | -49.3% |
| Taxes | 450/3 | €3,156 | €1,599 | -€1,557 | -49.3% |
| Other amounts payable | 47/48 | €326,997 | €346,484 | +€19,487 | +6.0% |
| Accrued charges and deferred income | 492/3 | €4,185 | €4,185 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €21,313 | €7,238 | -€14,075 | -66.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €14,700 | €40,949 | +€26,248 | +178.6% |
| Operating profit (loss) | 9901 | -€6,613 | €33,710 | +€40,324 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -12.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -12.9% |
| Financial charges | 65/66B | €10,253 | €9,281 | -€971 | -9.5% |
| Recurring financial charges | 65 | €10,253 | €9,281 | -€971 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,864 | €24,430 | +€41,295 | |
| Income taxes | 67/77 | €0 | €0 | -€0 | -16.3% |
| Profit (loss) for the period | 9904 | -€16,865 | €24,430 | +€41,295 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,865 | €24,430 | +€41,295 |
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 9 October 2026 via checked.be.