WattWolf: 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.
WattWolf
Largest movements
- Cash +€3,304
up €3,304 (+27.5%), from €11,994 to €15,298
mainly Net result for the year (+€7,880) and Accrued charges and deferred income (+€2,000)
- Receivables within one year +€2,692
up €2,692 (+36.9%), from €7,291 to €9,983
- Tangible fixed assets +€578
new in 2025: €578
- Profit (loss) carried forward +€6,214
up €6,214 (+88.8%), from €6,995 to €13,209
- Accrued charges and deferred income +€2,000
new in 2025: €2,000
- Tax, wage and social debts -€1,867
down €1,867 (-20.5%), from €9,094 to €7,227
of which Remuneration and social security: -€1,500
- Trade debts +€385
up €385 (+320%), from €120 to €505
- Gross operating margin -€921
down €921 (-7.6%), from €12,190 to €11,269
- Taxes -€235
down €235 (-7.7%), from €3,063 to €2,828
- Other operating charges +€128
up €128 (+90.0%), from €142 to €269
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 | €19,573 | €26,157 | +€6,585 | +33.6% |
| Fixed assets | 21/28 | - | €578 | +€578 | |
| Tangible fixed assets | 22/27 | - | €578 | +€578 | |
| Plant, machinery and equipment | 23 | - | €578 | +€578 | |
| Current assets | 29/58 | €19,573 | €25,579 | +€6,006 | +30.7% |
| Amounts receivable within one year | 40/41 | €7,291 | €9,983 | +€2,692 | +36.9% |
| Trade receivables | 40 | €7,291 | €9,983 | +€2,692 | +36.9% |
| Cash at bank and in hand | 54/58 | €11,994 | €15,298 | +€3,304 | +27.5% |
| Deferred charges and accrued income | 490/1 | €288 | €299 | +€11 | +3.7% |
| Total equity and liabilities | 10/49 | €19,573 | €26,157 | +€6,585 | +33.6% |
| Equity | 10/15 | €6,998 | €13,212 | +€6,214 | +88.8% |
| Contributions | 10/11 | €3 | €3 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,995 | €13,209 | +€6,214 | +88.8% |
| Amounts payable | 17/49 | €12,575 | €12,946 | +€371 | +2.9% |
| Amounts payable within one year | 42/48 | €12,575 | €10,946 | -€1,629 | -13.0% |
| Trade debts | 44 | €120 | €505 | +€385 | +320% |
| Suppliers | 440/4 | €120 | €505 | +€385 | +320% |
| Taxes, remuneration and social security | 45 | €9,094 | €7,227 | -€1,867 | -20.5% |
| Taxes | 450/3 | €7,594 | €7,227 | -€367 | -4.8% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €3,361 | €3,214 | -€147 | -4.4% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €73 | +€73 | |
| Other operating charges | 640/8 | €142 | €269 | +€128 | +90.0% |
| Gross operating margin | 9900 | €12,190 | €11,269 | -€921 | -7.6% |
| Operating profit (loss) | 9901 | €12,048 | €10,927 | -€1,122 | -9.3% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €325 | €225 | -€100 | -30.7% |
| Recurring financial charges | 65 | €325 | €225 | -€100 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €11,724 | €10,708 | -€1,016 | -8.7% |
| Income taxes | 67/77 | €3,063 | €2,828 | -€235 | -7.7% |
| Profit (loss) for the period | 9904 | €8,661 | €7,880 | -€781 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,661 | €7,880 | -€781 | -9.0% |
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 14 October 2026 via checked.be.