DE GROENE 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.
DE GROENE WOLF
Largest movements
- Receivables within one year +€8,750
up €8,750 (+5.2%), from €169,238 to €177,988
of which Trade receivables: +€9,052
- Stocks and contracts -€6,553
down €6,553 (-100%), from €6,553 to €0
- Reserves +€60,000
new in 2025: €60,000
- Profit (loss) carried forward -€54,894
down €54,894 (-91.4%), from €60,041 to €5,147
- Other debts +€16,900
up €16,900 (+1,988%), from €850 to €17,750
- Trade debts -€14,965
down €14,965 (-42.4%), from €35,263 to €20,297
- Tax, wage and social debts -€4,423
down €4,423 (-93.9%), from €4,712 to €289
- Gross operating margin +€9,088
up €9,088, from -€2,990 to €6,097
- Financial charges -€1,183
down €1,183 (-98.7%), from €1,198 to €16
- Other operating charges +€179
up €179 (+24.6%), from €727 to €906
- Taxes +€70
new in 2025: €70
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 | €176,064 | €178,971 | +€2,907 | +1.7% |
| Current assets | 29/58 | €176,064 | €178,971 | +€2,907 | +1.7% |
| Stocks and contracts in progress | 3 | €6,553 | €0 | -€6,553 | -100% |
| Contracts in progress | 37 | €6,553 | €0 | -€6,553 | -100% |
| Amounts receivable within one year | 40/41 | €169,238 | €177,988 | +€8,750 | +5.2% |
| Trade receivables | 40 | - | €9,052 | +€9,052 | |
| Other amounts receivable | 41 | €169,238 | €168,936 | -€302 | -0.2% |
| Cash at bank and in hand | 54/58 | €274 | €983 | +€709 | +259% |
| Total equity and liabilities | 10/49 | €176,064 | €178,971 | +€2,907 | +1.7% |
| Equity | 10/15 | €135,041 | €140,147 | +€5,106 | +3.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | - | €60,000 | +€60,000 | |
| Distributable reserves | 133 | - | €60,000 | +€60,000 | |
| Profit (loss) carried forward | 14 | €60,041 | €5,147 | -€54,894 | -91.4% |
| Amounts payable | 17/49 | €41,024 | €38,824 | -€2,199 | -5.4% |
| Amounts payable within one year | 42/48 | €40,825 | €38,336 | -€2,489 | -6.1% |
| Trade debts | 44 | €35,263 | €20,297 | -€14,965 | -42.4% |
| Suppliers | 440/4 | €35,263 | €20,297 | -€14,965 | -42.4% |
| Taxes, remuneration and social security | 45 | €4,712 | €289 | -€4,423 | -93.9% |
| Taxes | 450/3 | €4,712 | €289 | -€4,423 | -93.9% |
| Other amounts payable | 47/48 | €850 | €17,750 | +€16,900 | +1,988% |
| Accrued charges and deferred income | 492/3 | €199 | €488 | +€289 | +145% |
| Non-recurring operating income | 76A | - | €14,000 | +€14,000 | |
| Other operating charges | 640/8 | €727 | €906 | +€179 | +24.6% |
| Gross operating margin | 9900 | -€2,990 | €6,097 | +€9,088 | |
| Operating profit (loss) | 9901 | -€3,717 | €5,192 | +€8,909 | |
| Financial charges | 65/66B | €1,198 | €16 | -€1,183 | -98.7% |
| Recurring financial charges | 65 | €1,198 | €16 | -€1,183 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,915 | €5,176 | +€10,091 | |
| Income taxes | 67/77 | - | €70 | +€70 | |
| Profit (loss) for the period | 9904 | -€4,915 | €5,106 | +€10,022 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,915 | €5,106 | +€10,022 |
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 17 October 2026 via checked.be.