GARAGE WOLFVELDE: 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.
GARAGE WOLFVELDE
Largest movements
- Tangible fixed assets -€34,718
down €34,718 (-13.0%), from €266,858 to €232,140
of which Land and buildings: -€28,751
- Stocks and contracts +€13,179
up €13,179 (+13.3%), from €99,169 to €112,348
- Cash +€9,903
up €9,903 (+6.1%), from €161,112 to €171,015
mainly Net result for the year (+€61,855) and Depreciation (+€40,836)
- Receivables within one year +€9,331
up €9,331 (+33.1%), from €28,223 to €37,555
of which Trade receivables: +€14,177
- Reserves +€61,855
up €61,855 (+23.7%), from €261,060 to €322,915
of which Distributable reserves: +€61,855
- Debts after one year -€36,000
down €36,000 (-35.3%), from €101,900 to €65,900
- Tax, wage and social debts -€15,174
down €15,174 (-45.4%), from €33,452 to €18,278
of which Taxes: -€13,833
- Accrued charges and deferred income +€10,758
up €10,758 (+338%), from €3,186 to €13,944
- Current portion of long-term debt -€7,537
down €7,537 (-100%), from €7,537 to €0
- Gross operating margin +€38,275
up €38,275 (+16.8%), from €227,229 to €265,504
- Taxes +€10,941
up €10,941 (+86.8%), from €12,600 to €23,541
- Staff costs +€8,178
up €8,178 (+7.0%), from €116,911 to €125,090
- Write-downs -€7,528
new in 2025: -€7,528
- Depreciation +€2,961
up €2,961 (+7.8%), from €37,875 to €40,836
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 | €563,919 | €564,054 | +€135 | 0.0% |
| Fixed assets | 21/28 | €266,858 | €232,140 | -€34,718 | -13.0% |
| Tangible fixed assets | 22/27 | €266,858 | €232,140 | -€34,718 | -13.0% |
| Land and buildings | 22 | €227,070 | €198,319 | -€28,751 | -12.7% |
| Plant, machinery and equipment | 23 | €30,001 | €23,100 | -€6,901 | -23.0% |
| Furniture and vehicles | 24 | €9,787 | €10,721 | +€934 | +9.5% |
| Current assets | 29/58 | €297,061 | €331,914 | +€34,853 | +11.7% |
| Stocks and contracts in progress | 3 | €99,169 | €112,348 | +€13,179 | +13.3% |
| Stocks | 30/36 | €99,169 | €112,348 | +€13,179 | +13.3% |
| Amounts receivable within one year | 40/41 | €28,223 | €37,555 | +€9,331 | +33.1% |
| Trade receivables | 40 | €23,323 | €37,500 | +€14,177 | +60.8% |
| Other amounts receivable | 41 | €4,900 | €55 | -€4,845 | -98.9% |
| Cash at bank and in hand | 54/58 | €161,112 | €171,015 | +€9,903 | +6.1% |
| Deferred charges and accrued income | 490/1 | €8,557 | €10,997 | +€2,439 | +28.5% |
| Total equity and liabilities | 10/49 | €563,919 | €564,054 | +€135 | 0.0% |
| Equity | 10/15 | €279,660 | €341,515 | +€61,855 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,060 | €322,915 | +€61,855 | +23.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,106 | €1,106 | = | 0.0% |
| Distributable reserves | 133 | €259,954 | €321,809 | +€61,855 | +23.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €39,011 | €39,011 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €39,011 | €39,011 | = | 0.0% |
| Pensions and similar obligations | 160 | €39,011 | €39,011 | = | 0.0% |
| Amounts payable | 17/49 | €245,249 | €183,528 | -€61,720 | -25.2% |
| Amounts payable after more than one year | 17 | €101,900 | €65,900 | -€36,000 | -35.3% |
| Financial debts | 170/4 | €101,900 | €65,900 | -€36,000 | -35.3% |
| Amounts payable within one year | 42/48 | €140,162 | €103,684 | -€36,478 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €7,537 | €0 | -€7,537 | -100% |
| Trade debts | 44 | €49,675 | €43,054 | -€6,621 | -13.3% |
| Suppliers | 440/4 | €49,675 | €43,054 | -€6,621 | -13.3% |
| Taxes, remuneration and social security | 45 | €33,452 | €18,278 | -€15,174 | -45.4% |
| Taxes | 450/3 | €24,626 | €10,793 | -€13,833 | -56.2% |
| Remuneration and social security | 454/9 | €8,826 | €7,485 | -€1,341 | -15.2% |
| Other amounts payable | 47/48 | €49,498 | €42,353 | -€7,146 | -14.4% |
| Accrued charges and deferred income | 492/3 | €3,186 | €13,944 | +€10,758 | +338% |
| Remuneration, social security and pensions | 62 | €116,911 | €125,090 | +€8,178 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,875 | €40,836 | +€2,961 | +7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€7,528 | -€7,528 | |
| Other operating charges | 640/8 | €12,164 | €10,302 | -€1,863 | -15.3% |
| Gross operating margin | 9900 | €227,229 | €265,504 | +€38,275 | +16.8% |
| Operating profit (loss) | 9901 | €60,278 | €96,805 | +€36,527 | +60.6% |
| Financial income | 75/76B | €339 | €259 | -€80 | -23.6% |
| Recurring financial income | 75 | €339 | €259 | -€80 | -23.6% |
| Financial charges | 65/66B | €11,519 | €11,667 | +€148 | +1.3% |
| Recurring financial charges | 65 | €11,519 | €11,667 | +€148 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €49,098 | €85,397 | +€36,299 | +73.9% |
| Income taxes | 67/77 | €12,600 | €23,541 | +€10,941 | +86.8% |
| Profit (loss) for the period | 9904 | €36,498 | €61,855 | +€25,357 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,498 | €61,855 | +€25,357 | +69.5% |
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 24 October 2026 via checked.be.