The Wharf: what changed
What changed
The Wharf
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€130,350
2024 · €97,494+€32,856
Equity
€3,000
2024 · €3,000
Cash
€156,809
2024 · €295,340-€138,531
Balance sheet total
€162,173
2024 · €298,148-€135,975
Largest movements
Assets
- Cash -€138,531
down €138,531 (-46.9%), from €295,340 to €156,809
mainly Contributions, distributions and other (-€130,350) and Other debts (-€118,700)
Equity and liabilities
- Other debts -€118,700
down €118,700 (-47.1%), from €251,828 to €133,128
- Tax, wage and social debts -€11,005
down €11,005 (-29.9%), from €36,777 to €25,772
- Accrued charges and deferred income -€6,271
down €6,271 (-96.7%), from €6,483 to €212
Income statement
- Gross operating margin +€36,911
up €36,911 (+27.5%), from €134,392 to €171,303
- Taxes +€9,507
up €9,507 (+32.9%), from €28,905 to €38,412
- Financial charges -€6,319
down €6,319 (-92.6%), from €6,822 to €503
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€97,494
Gross operating margin
+€36,911
Depreciation
-€648
Other operating charges
-€20
Other operating items
-€199
Financial charges
+€6,319
Taxes
-€9,507
Result 2025
€130,350
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€4,308
Investment
-€3,873
Financing
-€130,350
Cash 2024
€295,340
From operations (derived)
-€4,308
Net result for the year
+€130,350
Depreciation
+€1,195
Smaller working-capital items
+€123
Tax, wage and social debts
-€11,005
Other debts
-€118,700
Accrued charges and deferred income
-€6,271
Investment (derived)
-€3,873
Investment in fixed assets (net)
-€3,873
Financing
-€130,350
Contributions, distributions and other
-€130,350
Cash 2025
€156,809
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,148 | €162,173 | -€135,975 | -45.6% |
| Fixed assets | 21/28 | €2,600 | €5,278 | +€2,678 | +103% |
| Tangible fixed assets | 22/27 | €2,600 | €5,278 | +€2,678 | +103% |
| Plant, machinery and equipment | 23 | - | €334 | +€334 | |
| Furniture and vehicles | 24 | €2,600 | €4,944 | +€2,344 | +90.1% |
| Current assets | 29/58 | €295,548 | €156,895 | -€138,653 | -46.9% |
| Amounts receivable within one year | 40/41 | €208 | €23 | -€185 | -88.8% |
| Trade receivables | 40 | €208 | €23 | -€185 | -88.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €295,340 | €156,809 | -€138,531 | -46.9% |
| Deferred charges and accrued income | 490/1 | €0 | €63 | +€63 | |
| Total equity and liabilities | 10/49 | €298,148 | €162,173 | -€135,975 | -45.6% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €295,148 | €159,173 | -€135,975 | -46.1% |
| Amounts payable within one year | 42/48 | €288,665 | €158,961 | -€129,705 | -44.9% |
| Trade debts | 44 | €60 | €60 | = | 0.0% |
| Suppliers | 440/4 | €60 | €60 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €36,777 | €25,772 | -€11,005 | -29.9% |
| Taxes | 450/3 | €36,777 | €25,772 | -€11,005 | -29.9% |
| Other amounts payable | 47/48 | €251,828 | €133,128 | -€118,700 | -47.1% |
| Accrued charges and deferred income | 492/3 | €6,483 | €212 | -€6,271 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €547 | €1,195 | +€648 | +118% |
| Other operating charges | 640/8 | €624 | €644 | +€20 | +3.3% |
| Non-recurring operating charges | 66A | - | €199 | +€199 | |
| Gross operating margin | 9900 | €134,392 | €171,303 | +€36,911 | +27.5% |
| Operating profit (loss) | 9901 | €133,221 | €169,265 | +€36,044 | +27.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,822 | €503 | -€6,319 | -92.6% |
| Recurring financial charges | 65 | €6,822 | €503 | -€6,319 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €126,399 | €168,762 | +€42,363 | +33.5% |
| Income taxes | 67/77 | €28,905 | €38,412 | +€9,507 | +32.9% |
| Profit (loss) for the period | 9904 | €97,494 | €130,350 | +€32,856 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,494 | €130,350 | +€32,856 | +33.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.