LITTLE 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.
LITTLE WOLF
Largest movements
- Cash -€10,786
down €10,786 (-22.5%), from €47,901 to €37,116
mainly Debts after one year (-€9,142) and Other debts (-€9,006)
- Tangible fixed assets -€7,100
down €7,100 (-4.5%), from €157,406 to €150,306
of which Land and buildings: -€6,148
- Deferred charges and accrued income +€4,929
up €4,929 (+76.8%), from €6,414 to €11,344
- Receivables within one year -€3,462
no longer reported in 2025 (was €3,462)
- Debts after one year -€9,142
down €9,142 (-15.4%), from €59,355 to €50,212
of which Financial debts: -€11,383
- Other debts -€9,006
down €9,006 (-65.6%), from €13,729 to €4,724
- Current portion of long-term debt +€6,575
up €6,575 (+38.2%), from €17,209 to €23,783
- Profit (loss) carried forward -€2,572
new in 2025: -€2,572
- Gross operating margin -€9,857
down €9,857 (-4.9%), from €200,395 to €190,538
- Staff costs +€7,873
up €7,873 (+4.8%), from €165,475 to €173,348
- Taxes -€4,003
down €4,003 (-86.9%), from €4,607 to €604
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 | €236,667 | €220,249 | -€16,418 | -6.9% |
| Fixed assets | 21/28 | €158,546 | €151,446 | -€7,100 | -4.5% |
| Tangible fixed assets | 22/27 | €157,406 | €150,306 | -€7,100 | -4.5% |
| Land and buildings | 22 | €136,964 | €130,816 | -€6,148 | -4.5% |
| Plant, machinery and equipment | 23 | €18,190 | €17,536 | -€654 | -3.6% |
| Furniture and vehicles | 24 | €2,253 | €1,954 | -€298 | -13.2% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €78,121 | €68,803 | -€9,318 | -11.9% |
| Amounts receivable within one year | 40/41 | €3,462 | - | -€3,462 | |
| Trade receivables | 40 | €3,462 | - | -€3,462 | |
| Current investments | 50/53 | €20,343 | €20,343 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,901 | €37,116 | -€10,786 | -22.5% |
| Deferred charges and accrued income | 490/1 | €6,414 | €11,344 | +€4,929 | +76.8% |
| Total equity and liabilities | 10/49 | €236,667 | €220,249 | -€16,418 | -6.9% |
| Equity | 10/15 | €89,120 | €85,151 | -€3,969 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,271 | €69,271 | = | 0.0% |
| Distributable reserves | 133 | €69,271 | €69,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,572 | -€2,572 | |
| Investment grants | 15 | €13,649 | €12,251 | -€1,397 | -10.2% |
| Provisions and deferred taxes | 16 | €4,652 | €4,178 | -€473 | -10.2% |
| Deferred taxes | 168 | €4,652 | €4,178 | -€473 | -10.2% |
| Amounts payable | 17/49 | €142,895 | €130,920 | -€11,975 | -8.4% |
| Amounts payable after more than one year | 17 | €59,355 | €50,212 | -€9,142 | -15.4% |
| Financial debts | 170/4 | €25,981 | €14,597 | -€11,383 | -43.8% |
| Other amounts payable | 178/9 | €33,374 | €35,615 | +€2,241 | +6.7% |
| Amounts payable within one year | 42/48 | €81,809 | €79,207 | -€2,602 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €17,209 | €23,783 | +€6,575 | +38.2% |
| Trade debts | 44 | €22,041 | €20,524 | -€1,517 | -6.9% |
| Suppliers | 440/4 | €22,041 | €20,524 | -€1,517 | -6.9% |
| Taxes, remuneration and social security | 45 | €28,830 | €30,175 | +€1,345 | +4.7% |
| Taxes | 450/3 | €7,066 | €604 | -€6,462 | -91.5% |
| Remuneration and social security | 454/9 | €21,764 | €29,571 | +€7,807 | +35.9% |
| Other amounts payable | 47/48 | €13,729 | €4,724 | -€9,006 | -65.6% |
| Accrued charges and deferred income | 492/3 | €1,732 | €1,501 | -€231 | -13.3% |
| Remuneration, social security and pensions | 62 | €165,475 | €173,348 | +€7,873 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,736 | €12,711 | -€25 | -0.2% |
| Other operating charges | 640/8 | €2,605 | €4,044 | +€1,438 | +55.2% |
| Gross operating margin | 9900 | €200,395 | €190,538 | -€9,857 | -4.9% |
| Operating profit (loss) | 9901 | €19,579 | €436 | -€19,143 | -97.8% |
| Financial income | 75/76B | €4 | €5 | +€1 | +22.9% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +22.9% |
| Financial charges | 65/66B | €1,720 | €2,882 | +€1,162 | +67.5% |
| Recurring financial charges | 65 | €1,720 | €2,882 | +€1,162 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €17,862 | -€2,441 | -€20,304 | |
| Transfer from deferred taxes | 780 | €473 | €473 | = | 0.0% |
| Income taxes | 67/77 | €4,607 | €604 | -€4,003 | -86.9% |
| Profit (loss) for the period | 9904 | €13,729 | -€2,572 | -€16,301 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,729 | -€2,572 | -€16,301 |
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 21 October 2026 via checked.be.