LEO & WOLF: what changed
Two fiscal 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.
LEO & WOLF
Largest movements
- Receivables within one year -€55,293
down €55,293 (-36.7%), from €150,756 to €95,463
of which Other amounts receivable: -€37,964
- Other debts +€154,799
up €154,799 (+1425.4%), from €10,860 to €165,659
- Tax, wage and social debts -€119,242
down €119,242 (-58.0%), from €205,590 to €86,347
- Profit (loss) carried forward -€108,402
down €108,402 (-12.8%), from -€847,729 to -€956,130
- Provisions +€32,443
up €32,443 (+5.9%), from €546,137 to €578,580
- Trade debts -€14,881
down €14,881 (-10.8%), from €137,258 to €122,377
- Provisions +€67,345
new in 2024: €67,345
- Financial charges +€12,818
up €12,818 (+6185.6%), from €207 to €13,025
- Gross operating margin -€6,402
down €6,402 (-57.9%), from -€11,065 to -€17,467
- Other operating charges +€2,064
new in 2024: €2,064
- Financial income -€463
no longer reported in 2024 (was €463)
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 | €150,841 | €95,558 | -€55,283 | -36.6% |
| Current assets | 29/58 | €150,841 | €95,558 | -€55,283 | -36.6% |
| Amounts receivable within one year | 40/41 | €150,756 | €95,463 | -€55,293 | -36.7% |
| Trade receivables | 40 | €112,792 | €95,463 | -€17,330 | -15.4% |
| Other amounts receivable | 41 | €37,964 | - | -€37,964 | |
| Cash at bank and in hand | 54/58 | €85 | €95 | +€10 | +12.3% |
| Total equity and liabilities | 10/49 | €150,841 | €95,558 | -€55,283 | -36.6% |
| Equity | 10/15 | -€749,004 | -€857,405 | -€108,402 | -14.5% |
| Contributions | 10/11 | €89,750 | €89,750 | = | 0.0% |
| Capital | 10 | €89,750 | €89,750 | = | 0.0% |
| Issued capital | 100 | €89,750 | €89,750 | = | 0.0% |
| Reserves | 13 | €8,975 | €8,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,975 | €8,975 | = | 0.0% |
| Legal reserve | 130 | €8,975 | €8,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€847,729 | -€956,130 | -€108,402 | -12.8% |
| Provisions and deferred taxes | 16 | €546,137 | €578,580 | +€32,443 | +5.9% |
| Provisions for liabilities and charges | 160/5 | €546,137 | €578,580 | +€32,443 | +5.9% |
| Taxes | 161 | €505,515 | €537,958 | +€32,443 | +6.4% |
| Other liabilities and charges | 164/5 | €40,622 | €40,622 | = | 0.0% |
| Amounts payable | 17/49 | €353,708 | €374,383 | +€20,676 | +5.8% |
| Amounts payable within one year | 42/48 | €353,708 | €374,383 | +€20,676 | +5.8% |
| Trade debts | 44 | €137,258 | €122,377 | -€14,881 | -10.8% |
| Suppliers | 440/4 | €137,258 | €122,377 | -€14,881 | -10.8% |
| Taxes, remuneration and social security | 45 | €205,590 | €86,347 | -€119,242 | -58.0% |
| Taxes | 450/3 | €205,590 | €86,347 | -€119,242 | -58.0% |
| Other amounts payable | 47/48 | €10,860 | €165,659 | +€154,799 | +1425.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €67,345 | +€67,345 | |
| Other operating charges | 640/8 | - | €2,064 | +€2,064 | |
| Non-recurring operating charges | 66A | - | €8,500 | +€8,500 | |
| Gross operating margin | 9900 | -€11,065 | -€17,467 | -€6,402 | -57.9% |
| Operating profit (loss) | 9901 | -€11,065 | -€95,377 | -€84,312 | -762.0% |
| Financial income | 75/76B | €463 | - | -€463 | |
| Recurring financial income | 75 | €463 | - | -€463 | |
| Financial charges | 65/66B | €207 | €13,025 | +€12,818 | +6185.6% |
| Recurring financial charges | 65 | €207 | €13,025 | +€12,818 | +6185.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,809 | -€108,402 | -€97,592 | -902.9% |
| Profit (loss) for the period | 9904 | -€10,809 | -€108,402 | -€97,592 | -902.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,809 | -€108,402 | -€97,592 | -902.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.