DE WOLF PATRICK AVOCATS: 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 WOLF PATRICK AVOCATS
Largest movements
- Cash +€123,850
up €123,850 (+196%), from €63,298 to €187,148
mainly Net result for the year (+€211,594) and Receivables within one year (+€118,118)
- Receivables within one year -€118,118
down €118,118 (-16.8%), from €701,074 to €582,956
of which Other amounts receivable: -€133,243
- Current portion of long-term debt -€41,543
no longer reported in 2025 (was €41,543)
- Reserves +€26,000
up €26,000 (+4.7%), from €555,000 to €581,000
- Tax, wage and social debts +€24,205
up €24,205 (+1,467%), from €1,650 to €25,855
- Gross operating margin +€85,563
up €85,563 (+43.5%), from €196,490 to €282,053
- Depreciation -€29,651
down €29,651 (-99.5%), from €29,813 to €162
- Taxes +€29,558
up €29,558 (+49.9%), from €59,270 to €88,828
- Financial income -€10,067
down €10,067 (-28.5%), from €35,342 to €25,275
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 | €795,590 | €800,468 | +€4,877 | +0.6% |
| Fixed assets | 21/28 | €30,526 | €30,364 | -€162 | -0.5% |
| Tangible fixed assets | 22/27 | €526 | €364 | -€162 | -30.8% |
| Furniture and vehicles | 24 | €526 | €364 | -€162 | -30.8% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €765,064 | €770,104 | +€5,040 | +0.7% |
| Amounts receivable within one year | 40/41 | €701,074 | €582,956 | -€118,118 | -16.8% |
| Trade receivables | 40 | €157,303 | €172,428 | +€15,125 | +9.6% |
| Other amounts receivable | 41 | €543,771 | €410,528 | -€133,243 | -24.5% |
| Cash at bank and in hand | 54/58 | €63,298 | €187,148 | +€123,850 | +196% |
| Deferred charges and accrued income | 490/1 | €692 | - | -€692 | |
| Total equity and liabilities | 10/49 | €795,590 | €800,468 | +€4,877 | +0.6% |
| Equity | 10/15 | €747,361 | €773,954 | +€26,594 | +3.6% |
| Contributions | 10/11 | €178,900 | €178,900 | = | 0.0% |
| Reserves | 13 | €555,000 | €581,000 | +€26,000 | +4.7% |
| Distributable reserves | 133 | €555,000 | €581,000 | +€26,000 | +4.7% |
| Profit (loss) carried forward | 14 | €13,461 | €14,054 | +€594 | +4.4% |
| Amounts payable | 17/49 | €48,230 | €26,513 | -€21,716 | -45.0% |
| Amounts payable within one year | 42/48 | €48,230 | €26,513 | -€21,716 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €41,543 | - | -€41,543 | |
| Trade debts | 44 | €3,536 | €658 | -€2,878 | -81.4% |
| Suppliers | 440/4 | €3,536 | €658 | -€2,878 | -81.4% |
| Taxes, remuneration and social security | 45 | €1,650 | €25,855 | +€24,205 | +1,467% |
| Taxes | 450/3 | €1,650 | €25,855 | +€24,205 | +1,467% |
| Other amounts payable | 47/48 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,813 | €162 | -€29,651 | -99.5% |
| Other operating charges | 640/8 | €5,678 | €6,047 | +€369 | +6.5% |
| Gross operating margin | 9900 | €196,490 | €282,053 | +€85,563 | +43.5% |
| Operating profit (loss) | 9901 | €160,999 | €275,844 | +€114,845 | +71.3% |
| Financial income | 75/76B | €35,342 | €25,275 | -€10,067 | -28.5% |
| Recurring financial income | 75 | €35,342 | €25,275 | -€10,067 | -28.5% |
| Financial charges | 65/66B | €1,778 | €698 | -€1,080 | -60.7% |
| Recurring financial charges | 65 | €1,778 | €698 | -€1,080 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | €194,563 | €300,421 | +€105,858 | +54.4% |
| Income taxes | 67/77 | €59,270 | €88,828 | +€29,558 | +49.9% |
| Profit (loss) for the period | 9904 | €135,293 | €211,594 | +€76,300 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €135,293 | €211,594 | +€76,300 | +56.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.