De Wolk District: 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 Wolk District
Largest movements
- Receivables within one year +€37,673
new in 2025: €37,673
of which Trade receivables: +€36,781
- Cash -€19,357
down €19,357 (-82.1%), from €23,574 to €4,217
mainly Receivables within one year (-€37,673) and Stocks and contracts (-€12,610)
- Stocks and contracts +€12,610
up €12,610 (+26.2%), from €48,154 to €60,764
- Tangible fixed assets -€9,051
down €9,051 (-54.5%), from €16,619 to €7,568
of which Furniture and vehicles: -€9,203
- Reserves +€24,125
new in 2025: €24,125
- Tax, wage and social debts +€8,861
up €8,861 (+258%), from €3,436 to €12,297
- Debts after one year -€7,441
down €7,441 (-16.3%), from €45,757 to €38,316
of which Other amounts payable: -€5,249
- Profit (loss) carried forward -€3,133
no longer reported in 2025 (was €3,133)
- Current portion of long-term debt -€3,015
down €3,015 (-57.9%), from €5,207 to €2,192
- Gross operating margin +€29,778
up €29,778 (+221%), from €13,476 to €43,254
- Taxes +€8,012
up €8,012 (+407%), from €1,968 to €9,980
- Depreciation -€1,492
down €1,492 (-12.8%), from €11,690 to €10,198
- Financial charges -€1,146
down €1,146 (-49.2%), from €2,331 to €1,185
- Financial income -€602
down €602 (-93.3%), from €645 to €43
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 | €89,459 | €111,692 | +€22,233 | +24.9% |
| Fixed assets | 21/28 | €16,619 | €7,568 | -€9,051 | -54.5% |
| Tangible fixed assets | 22/27 | €16,619 | €7,568 | -€9,051 | -54.5% |
| Plant, machinery and equipment | 23 | €1,941 | €2,093 | +€152 | +7.8% |
| Furniture and vehicles | 24 | €14,678 | €5,475 | -€9,203 | -62.7% |
| Current assets | 29/58 | €72,840 | €104,124 | +€31,284 | +42.9% |
| Stocks and contracts in progress | 3 | €48,154 | €60,764 | +€12,610 | +26.2% |
| Stocks | 30/36 | €48,154 | €60,764 | +€12,610 | +26.2% |
| Amounts receivable within one year | 40/41 | - | €37,673 | +€37,673 | |
| Trade receivables | 40 | - | €36,781 | +€36,781 | |
| Other amounts receivable | 41 | - | €892 | +€892 | |
| Cash at bank and in hand | 54/58 | €23,574 | €4,217 | -€19,357 | -82.1% |
| Deferred charges and accrued income | 490/1 | €1,112 | €1,470 | +€358 | +32.2% |
| Total equity and liabilities | 10/49 | €89,459 | €111,692 | +€22,233 | +24.9% |
| Equity | 10/15 | €8,133 | €29,125 | +€20,992 | +258% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €24,125 | +€24,125 | |
| Distributable reserves | 133 | - | €24,125 | +€24,125 | |
| Profit (loss) carried forward | 14 | €3,133 | - | -€3,133 | |
| Amounts payable | 17/49 | €81,326 | €82,567 | +€1,241 | +1.5% |
| Amounts payable after more than one year | 17 | €45,757 | €38,316 | -€7,441 | -16.3% |
| Financial debts | 170/4 | €2,192 | - | -€2,192 | |
| Other amounts payable | 178/9 | €43,565 | €38,316 | -€5,249 | -12.0% |
| Amounts payable within one year | 42/48 | €35,569 | €42,811 | +€7,242 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €5,207 | €2,192 | -€3,015 | -57.9% |
| Trade debts | 44 | €6,886 | €8,285 | +€1,399 | +20.3% |
| Suppliers | 440/4 | €6,886 | €8,285 | +€1,399 | +20.3% |
| Advances received on contracts in progress | 46 | €1,111 | - | -€1,111 | |
| Taxes, remuneration and social security | 45 | €3,436 | €12,297 | +€8,861 | +258% |
| Taxes | 450/3 | €3,436 | €12,297 | +€8,861 | +258% |
| Other amounts payable | 47/48 | €18,929 | €20,037 | +€1,108 | +5.9% |
| Accrued charges and deferred income | 492/3 | - | €1,440 | +€1,440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,690 | €10,198 | -€1,492 | -12.8% |
| Other operating charges | 640/8 | €1,274 | €942 | -€332 | -26.1% |
| Non-recurring operating charges | 66A | €111 | - | -€111 | |
| Gross operating margin | 9900 | €13,476 | €43,254 | +€29,778 | +221% |
| Operating profit (loss) | 9901 | €401 | €32,114 | +€31,713 | +7,908% |
| Financial income | 75/76B | €645 | €43 | -€602 | -93.3% |
| Recurring financial income | 75 | €645 | €43 | -€602 | -93.3% |
| Financial charges | 65/66B | €2,331 | €1,185 | -€1,146 | -49.2% |
| Recurring financial charges | 65 | €2,331 | €1,185 | -€1,146 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,285 | €30,972 | +€32,257 | |
| Income taxes | 67/77 | €1,968 | €9,980 | +€8,012 | +407% |
| Profit (loss) for the period | 9904 | -€3,253 | €20,992 | +€24,245 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,253 | €20,992 | +€24,245 |
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 29 October 2026 via checked.be.