DE WOLFPUTTE: 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 WOLFPUTTE
Largest movements
- Cash +€682,038
up €682,038 (+34.1%), from €2.0m to €2.7m
mainly Net result for the year (+€812,345) and Trade debts (+€509,020)
- Deferred charges and accrued income -€369,193
down €369,193 (-94.8%), from €389,439 to €20,246
- Stocks and contracts +€175,708
up €175,708 (+41.4%), from €424,788 to €600,496
- Current investments +€164,285
up €164,285 (+7.9%), from €2.1m to €2.2m
- Reserves +€812,345
up €812,345 (+19.7%), from €4.1m to €4.9m
of which Distributable reserves: +€436,274
- Trade debts +€509,020
up €509,020 (+266.9%), from €190,687 to €699,707
- Other debts -€362,152
down €362,152 (-74.7%), from €484,505 to €122,353
- Debts after one year -€197,800
down €197,800 (-23.9%), from €827,663 to €629,863
- Accrued charges and deferred income -€97,223
down €97,223 (-100.0%), from €97,223 to €0
- Gross operating margin -€308,510
down €308,510 (-19.6%), from €1.6m to €1.3m
- Taxes -€103,796
down €103,796 (-24.4%), from €425,647 to €321,851
- Financial income +€95,289
up €95,289 (+328.0%), from €29,047 to €124,336
- Depreciation -€21,002
down €21,002 (-8.1%), from €258,863 to €237,861
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 | €6,458,941 | €7,032,650 | +€573,709 | +8.9% |
| Fixed assets | 21/28 | €1,391,434 | €1,367,823 | -€23,611 | -1.7% |
| Tangible fixed assets | 22/27 | €1,390,884 | €1,367,273 | -€23,611 | -1.7% |
| Land and buildings | 22 | €775,532 | €707,621 | -€67,911 | -8.8% |
| Plant, machinery and equipment | 23 | €615,027 | €659,652 | +€44,625 | +7.3% |
| Furniture and vehicles | 24 | €324 | €0 | -€324 | -100.0% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €5,067,507 | €5,664,827 | +€597,319 | +11.8% |
| Stocks and contracts in progress | 3 | €424,788 | €600,496 | +€175,708 | +41.4% |
| Stocks | 30/36 | €424,788 | €600,496 | +€175,708 | +41.4% |
| Amounts receivable within one year | 40/41 | €169,645 | €114,126 | -€55,519 | -32.7% |
| Trade receivables | 40 | €169,645 | €89,991 | -€79,655 | -47.0% |
| Other amounts receivable | 41 | €0 | €24,136 | +€24,136 | |
| Current investments | 50/53 | €2,085,091 | €2,249,376 | +€164,285 | +7.9% |
| Cash at bank and in hand | 54/58 | €1,998,545 | €2,680,583 | +€682,038 | +34.1% |
| Deferred charges and accrued income | 490/1 | €389,439 | €20,246 | -€369,193 | -94.8% |
| Total equity and liabilities | 10/49 | €6,458,941 | €7,032,650 | +€573,709 | +8.9% |
| Equity | 10/15 | €4,213,300 | €5,010,804 | +€797,504 | +18.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €4,114,265 | €4,926,611 | +€812,345 | +19.7% |
| Tax-exempt reserves | 132 | €1,222,144 | €1,598,216 | +€376,072 | +30.8% |
| Distributable reserves | 133 | €2,892,121 | €3,328,395 | +€436,274 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €80,284 | €65,443 | -€14,841 | -18.5% |
| Provisions and deferred taxes | 16 | €387,937 | €367,173 | -€20,765 | -5.4% |
| Deferred taxes | 168 | €387,937 | €367,173 | -€20,765 | -5.4% |
| Amounts payable | 17/49 | €1,857,704 | €1,654,673 | -€203,031 | -10.9% |
| Amounts payable after more than one year | 17 | €827,663 | €629,863 | -€197,800 | -23.9% |
| Financial debts | 170/4 | €827,663 | €629,863 | -€197,800 | -23.9% |
| Amounts payable within one year | 42/48 | €932,818 | €1,024,810 | +€91,992 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €197,800 | €197,800 | = | 0.0% |
| Trade debts | 44 | €190,687 | €699,707 | +€509,020 | +266.9% |
| Suppliers | 440/4 | €190,687 | €699,707 | +€509,020 | +266.9% |
| Taxes, remuneration and social security | 45 | €59,826 | €4,950 | -€54,876 | -91.7% |
| Taxes | 450/3 | €57,426 | €2,550 | -€54,876 | -95.6% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €484,505 | €122,353 | -€362,152 | -74.7% |
| Accrued charges and deferred income | 492/3 | €97,223 | €0 | -€97,223 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,863 | €237,861 | -€21,002 | -8.1% |
| Other operating charges | 640/8 | €10,232 | €9,237 | -€995 | -9.7% |
| Gross operating margin | 9900 | €1,572,443 | €1,263,933 | -€308,510 | -19.6% |
| Operating profit (loss) | 9901 | €1,303,348 | €1,016,835 | -€286,513 | -22.0% |
| Financial income | 75/76B | €29,047 | €124,336 | +€95,289 | +328.0% |
| Recurring financial income | 75 | €29,047 | €124,336 | +€95,289 | +328.0% |
| Financial charges | 65/66B | €32,332 | €27,740 | -€4,593 | -14.2% |
| Recurring financial charges | 65 | €32,332 | €27,740 | -€4,593 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €1,300,063 | €1,113,432 | -€186,631 | -14.4% |
| Transfer from deferred taxes | 780 | €17,509 | €20,765 | +€3,256 | +18.6% |
| Income taxes | 67/77 | €425,647 | €321,851 | -€103,796 | -24.4% |
| Profit (loss) for the period | 9904 | €891,925 | €812,345 | -€79,579 | -8.9% |
| Transfer from tax-exempt reserves | 789 | €123,981 | €44,928 | -€79,052 | -63.8% |
| Transfer to tax-exempt reserves | 689 | €0 | €421,000 | +€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,015,905 | €436,274 | -€579,631 | -57.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.