N WOLF SOLUTIONS: 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.
N WOLF SOLUTIONS
Largest movements
- Cash +€14,755
up €14,755 (+66.9%), from €22,063 to €36,818
mainly Net result for the year (+€37,532) and Other debts (+€21,000)
- Deferred charges and accrued income -€2,709
down €2,709 (-28.1%), from €9,643 to €6,934
- Receivables within one year +€1,187
up €1,187 (+6.3%), from €18,808 to €19,995
of which Trade receivables: +€1,675
- Other debts +€21,000
up €21,000 (+87.5%), from €24,000 to €45,000
- Reserves -€7,468
down €7,468 (-46.1%), from €16,208 to €8,741
- Tax, wage and social debts +€884
up €884 (+12.3%), from €7,211 to €8,096
- Trade debts -€803
down €803 (-44.4%), from €1,810 to €1,007
- Gross operating margin +€27,407
up €27,407 (+111.3%), from €24,614 to €52,021
- Taxes +€4,859
up €4,859 (+93.4%), from €5,202 to €10,061
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.
Cash bridge derived
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 | €52,230 | €65,843 | +€13,613 | +26.1% |
| Fixed assets | 21/28 | €1,716 | €2,097 | +€380 | +22.2% |
| Tangible fixed assets | 22/27 | €1,566 | €1,947 | +€380 | +24.3% |
| Plant, machinery and equipment | 23 | €1,566 | €1,947 | +€380 | +24.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €50,513 | €63,746 | +€13,233 | +26.2% |
| Amounts receivable within one year | 40/41 | €18,808 | €19,995 | +€1,187 | +6.3% |
| Trade receivables | 40 | €13,953 | €15,628 | +€1,675 | +12.0% |
| Other amounts receivable | 41 | €4,855 | €4,367 | -€488 | -10.1% |
| Cash at bank and in hand | 54/58 | €22,063 | €36,818 | +€14,755 | +66.9% |
| Deferred charges and accrued income | 490/1 | €9,643 | €6,934 | -€2,709 | -28.1% |
| Total equity and liabilities | 10/49 | €52,230 | €65,843 | +€13,613 | +26.1% |
| Equity | 10/15 | €19,208 | €11,741 | -€7,468 | -38.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,208 | €8,741 | -€7,468 | -46.1% |
| Distributable reserves | 133 | €16,208 | €8,741 | -€7,468 | -46.1% |
| Amounts payable | 17/49 | €33,021 | €54,102 | +€21,081 | +63.8% |
| Amounts payable within one year | 42/48 | €33,021 | €54,102 | +€21,081 | +63.8% |
| Trade debts | 44 | €1,810 | €1,007 | -€803 | -44.4% |
| Suppliers | 440/4 | €1,810 | €1,007 | -€803 | -44.4% |
| Taxes, remuneration and social security | 45 | €7,211 | €8,096 | +€884 | +12.3% |
| Taxes | 450/3 | €7,211 | €8,096 | +€884 | +12.3% |
| Other amounts payable | 47/48 | €24,000 | €45,000 | +€21,000 | +87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €576 | €488 | -€88 | -15.3% |
| Other operating charges | 640/8 | €2,032 | €1,696 | -€336 | -16.5% |
| Gross operating margin | 9900 | €24,614 | €52,021 | +€27,407 | +111.3% |
| Operating profit (loss) | 9901 | €22,006 | €49,837 | +€27,831 | +126.5% |
| Financial income | 75/76B | €76 | €42 | -€34 | -45.0% |
| Recurring financial income | 75 | €76 | €42 | -€34 | -45.0% |
| Financial charges | 65/66B | €2,672 | €2,285 | -€387 | -14.5% |
| Recurring financial charges | 65 | €2,672 | €2,285 | -€387 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €19,410 | €47,593 | +€28,183 | +145.2% |
| Income taxes | 67/77 | €5,202 | €10,061 | +€4,859 | +93.4% |
| Profit (loss) for the period | 9904 | €14,208 | €37,532 | +€23,324 | +164.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,208 | €37,532 | +€23,324 | +164.2% |
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 10 October 2026 via checked.be.