FLOW&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.
FLOW&WOLF
Largest movements
- Receivables within one year +€50,659
up €50,659 (+119.6%), from €42,346 to €93,005
of which Trade receivables: +€28,292
- Cash +€4,655
up €4,655 (+13.2%), from €35,184 to €39,839
mainly Net result for the year (+€25,563) and Debts after one year (+€19,916)
- Tangible fixed assets -€4,589
down €4,589 (-58.2%), from €7,891 to €3,301
- Profit (loss) carried forward +€25,563
up €25,563 (+53.4%), from €47,836 to €73,399
- Debts after one year +€19,916
up €19,916 (+546.1%), from €3,647 to €23,563
- Current portion of long-term debt +€4,849
up €4,849 (+243.8%), from €1,989 to €6,838
- Trade debts +€2,455
up €2,455 (+97.1%), from €2,530 to €4,985
- Tax, wage and social debts -€2,109
down €2,109 (-7.0%), from €30,109 to €28,000
- Gross operating margin -€2,518
down €2,518 (-6.1%), from €41,495 to €38,978
- Financial income +€1,550
up €1,550 (+137.7%), from €1,126 to €2,676
- Financial charges +€1,207
up €1,207 (+412.5%), from €293 to €1,499
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.
Cash bridge derived
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 | €87,110 | €137,785 | +€50,674 | +58.2% |
| Fixed assets | 21/28 | €7,891 | €3,301 | -€4,589 | -58.2% |
| Tangible fixed assets | 22/27 | €7,891 | €3,301 | -€4,589 | -58.2% |
| Furniture and vehicles | 24 | €7,891 | €3,301 | -€4,589 | -58.2% |
| Current assets | 29/58 | €79,220 | €134,483 | +€55,264 | +69.8% |
| Amounts receivable within one year | 40/41 | €42,346 | €93,005 | +€50,659 | +119.6% |
| Trade receivables | 40 | €12,842 | €41,134 | +€28,292 | +220.3% |
| Other amounts receivable | 41 | €29,504 | €51,871 | +€22,367 | +75.8% |
| Cash at bank and in hand | 54/58 | €35,184 | €39,839 | +€4,655 | +13.2% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,640 | -€51 | -3.0% |
| Total equity and liabilities | 10/49 | €87,110 | €137,785 | +€50,674 | +58.2% |
| Equity | 10/15 | €48,836 | €74,399 | +€25,563 | +52.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,836 | €73,399 | +€25,563 | +53.4% |
| Amounts payable | 17/49 | €38,274 | €63,386 | +€25,112 | +65.6% |
| Amounts payable after more than one year | 17 | €3,647 | €23,563 | +€19,916 | +546.1% |
| Financial debts | 170/4 | €3,647 | €23,563 | +€19,916 | +546.1% |
| Amounts payable within one year | 42/48 | €34,627 | €39,823 | +€5,195 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €1,989 | €6,838 | +€4,849 | +243.8% |
| Trade debts | 44 | €2,530 | €4,985 | +€2,455 | +97.1% |
| Suppliers | 440/4 | €2,530 | €4,985 | +€2,455 | +97.1% |
| Taxes, remuneration and social security | 45 | €30,109 | €28,000 | -€2,109 | -7.0% |
| Taxes | 450/3 | €30,109 | €28,000 | -€2,109 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,589 | €4,589 | = | 0.0% |
| Other operating charges | 640/8 | €1,294 | €1,283 | -€11 | -0.8% |
| Gross operating margin | 9900 | €41,495 | €38,978 | -€2,518 | -6.1% |
| Operating profit (loss) | 9901 | €35,612 | €33,106 | -€2,507 | -7.0% |
| Financial income | 75/76B | €1,126 | €2,676 | +€1,550 | +137.7% |
| Recurring financial income | 75 | €1,126 | €2,676 | +€1,550 | +137.7% |
| Financial charges | 65/66B | €293 | €1,499 | +€1,207 | +412.5% |
| Recurring financial charges | 65 | €293 | €1,499 | +€1,207 | +412.5% |
| Profit (loss) for the period before taxes | 9903 | €36,446 | €34,283 | -€2,163 | -5.9% |
| Income taxes | 67/77 | €8,761 | €8,720 | -€40 | -0.5% |
| Profit (loss) for the period | 9904 | €27,685 | €25,563 | -€2,122 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,685 | €25,563 | -€2,122 | -7.7% |
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 12 October 2026 via checked.be.