CJWOLFBAT: 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.
CJWOLFBAT
Largest movements
- Receivables within one year +€114,401
up €114,401 (+101%), from €113,704 to €228,105
of which Trade receivables: +€128,236
- Cash +€23,355
up €23,355 (+1,280%), from €1,824 to €25,179
mainly Trade debts (+€101,483) and Net result for the year (+€24,810)
- Trade debts +€101,483
up €101,483 (+223%), from €45,552 to €147,035
- Profit (loss) carried forward +€24,810
up €24,810 (+38.3%), from €64,717 to €89,526
- Tax, wage and social debts +€11,344
up €11,344 (+578%), from €1,961 to €13,305
of which Taxes: +€10,301
- Gross operating margin +€43,605
up €43,605 (+17.7%), from €246,817 to €290,421
- Staff costs +€20,454
up €20,454 (+8.9%), from €228,589 to €249,042
- Depreciation -€7,653
down €7,653 (-74.0%), from €10,335 to €2,683
- Taxes +€6,273
up €6,273 (+1,633%), from €384 to €6,657
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,304 | €268,050 | +€137,746 | +106% |
| Fixed assets | 21/28 | €10,814 | €12,516 | +€1,702 | +15.7% |
| Tangible fixed assets | 22/27 | €7,048 | €8,750 | +€1,702 | +24.1% |
| Plant, machinery and equipment | 23 | €664 | €373 | -€292 | -43.9% |
| Furniture and vehicles | 24 | €2,549 | €4,543 | +€1,994 | +78.2% |
| Leasing and similar rights | 25 | €3,835 | €3,835 | = | 0.0% |
| Financial fixed assets | 28 | €3,766 | €3,766 | = | 0.0% |
| Current assets | 29/58 | €119,490 | €255,534 | +€136,044 | +114% |
| Amounts receivable within one year | 40/41 | €113,704 | €228,105 | +€114,401 | +101% |
| Trade receivables | 40 | €76,911 | €205,146 | +€128,236 | +167% |
| Other amounts receivable | 41 | €36,793 | €22,959 | -€13,835 | -37.6% |
| Cash at bank and in hand | 54/58 | €1,824 | €25,179 | +€23,355 | +1,280% |
| Deferred charges and accrued income | 490/1 | €3,961 | €2,250 | -€1,712 | -43.2% |
| Total equity and liabilities | 10/49 | €130,304 | €268,050 | +€137,746 | +106% |
| Equity | 10/15 | €78,527 | €103,336 | +€24,810 | +31.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,610 | €7,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,750 | €5,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,717 | €89,526 | +€24,810 | +38.3% |
| Amounts payable | 17/49 | €51,777 | €164,714 | +€112,936 | +218% |
| Amounts payable within one year | 42/48 | €51,777 | €164,450 | +€112,672 | +218% |
| Trade debts | 44 | €45,552 | €147,035 | +€101,483 | +223% |
| Suppliers | 440/4 | €45,552 | €147,035 | +€101,483 | +223% |
| Taxes, remuneration and social security | 45 | €1,961 | €13,305 | +€11,344 | +578% |
| Taxes | 450/3 | €372 | €10,673 | +€10,301 | +2,768% |
| Remuneration and social security | 454/9 | €1,589 | €2,632 | +€1,043 | +65.6% |
| Other amounts payable | 47/48 | €4,264 | €4,110 | -€154 | -3.6% |
| Accrued charges and deferred income | 492/3 | - | €264 | +€264 | |
| Remuneration, social security and pensions | 62 | €228,589 | €249,042 | +€20,454 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,335 | €2,683 | -€7,653 | -74.0% |
| Other operating charges | 640/8 | €2,515 | €5,199 | +€2,684 | +107% |
| Gross operating margin | 9900 | €246,817 | €290,421 | +€43,605 | +17.7% |
| Operating profit (loss) | 9901 | €5,377 | €33,497 | +€28,120 | +523% |
| Financial income | 75/76B | €39 | €90 | +€51 | +128% |
| Recurring financial income | 75 | €39 | €90 | +€51 | +128% |
| Financial charges | 65/66B | €1,520 | €2,120 | +€600 | +39.5% |
| Recurring financial charges | 65 | €1,520 | €2,120 | +€600 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €3,897 | €31,467 | +€27,570 | +708% |
| Income taxes | 67/77 | €384 | €6,657 | +€6,273 | +1,633% |
| Profit (loss) for the period | 9904 | €3,512 | €24,810 | +€21,297 | +606% |
| Profit (loss) for the period to be appropriated | 9905 | €3,512 | €24,810 | +€21,297 | +606% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.