Wearwolf: 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.
Wearwolf
Largest movements
- Cash +€436,419
up €436,419 (+310.8%), from €140,433 to €576,851
mainly Debts after one year (+€283,408) and Net result for the year (+€81,073)
- Debts after one year +€283,408
up €283,408 (+81.0%), from €350,000 to €633,408
- Reserves +€81,073
up €81,073 (+8.8%), from €917,168 to €998,241
- Financial income -€700,023
down €700,023 (-100.0%), from €700,023 to €0
- Depreciation -€88,426
down €88,426 (-64.2%), from €137,689 to €49,263
- Staff costs -€40,847
down €40,847 (-23.4%), from €174,802 to €133,956
- Gross operating margin -€35,173
down €35,173 (-9.3%), from €376,921 to €341,748
- Taxes +€21,943
up €21,943 (+244.1%), from €8,989 to €30,933
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 | €6,222,991 | €6,615,866 | +€392,875 | +6.3% |
| Fixed assets | 21/28 | €5,725,421 | €5,677,810 | -€47,611 | -0.8% |
| Tangible fixed assets | 22/27 | €146,768 | €99,157 | -€47,611 | -32.4% |
| Plant, machinery and equipment | 23 | €845 | €522 | -€323 | -38.2% |
| Furniture and vehicles | 24 | €125,576 | €97,181 | -€28,394 | -22.6% |
| Other tangible fixed assets | 26 | €20,347 | €1,453 | -€18,893 | -92.9% |
| Financial fixed assets | 28 | €5,578,653 | €5,578,653 | = | 0.0% |
| Current assets | 29/58 | €497,570 | €938,056 | +€440,486 | +88.5% |
| Stocks and contracts in progress | 3 | €337,326 | €342,411 | +€5,086 | +1.5% |
| Stocks | 30/36 | €337,326 | €342,411 | +€5,086 | +1.5% |
| Amounts receivable within one year | 40/41 | €17,151 | €15,721 | -€1,430 | -8.3% |
| Trade receivables | 40 | €6,140 | €5,773 | -€367 | -6.0% |
| Other amounts receivable | 41 | €11,011 | €9,948 | -€1,063 | -9.7% |
| Cash at bank and in hand | 54/58 | €140,433 | €576,851 | +€436,419 | +310.8% |
| Deferred charges and accrued income | 490/1 | €2,661 | €3,072 | +€411 | +15.5% |
| Total equity and liabilities | 10/49 | €6,222,991 | €6,615,866 | +€392,875 | +6.3% |
| Equity | 10/15 | €5,550,507 | €5,631,580 | +€81,073 | +1.5% |
| Contributions | 10/11 | €4,633,339 | €4,633,339 | = | 0.0% |
| Reserves | 13 | €917,168 | €998,241 | +€81,073 | +8.8% |
| Distributable reserves | 133 | €917,168 | €998,241 | +€81,073 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €672,484 | €984,286 | +€311,803 | +46.4% |
| Amounts payable after more than one year | 17 | €350,000 | €633,408 | +€283,408 | +81.0% |
| Financial debts | 170/4 | €350,000 | €633,408 | +€283,408 | +81.0% |
| Amounts payable within one year | 42/48 | €307,376 | €334,545 | +€27,169 | +8.8% |
| Trade debts | 44 | €32,593 | €32,050 | -€543 | -1.7% |
| Suppliers | 440/4 | €32,593 | €32,050 | -€543 | -1.7% |
| Taxes, remuneration and social security | 45 | €54,477 | €47,703 | -€6,774 | -12.4% |
| Taxes | 450/3 | €23,154 | €20,819 | -€2,335 | -10.1% |
| Remuneration and social security | 454/9 | €31,323 | €26,884 | -€4,439 | -14.2% |
| Other amounts payable | 47/48 | €220,306 | €254,791 | +€34,485 | +15.7% |
| Accrued charges and deferred income | 492/3 | €15,108 | €16,333 | +€1,225 | +8.1% |
| Remuneration, social security and pensions | 62 | €174,802 | €133,956 | -€40,847 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,689 | €49,263 | -€88,426 | -64.2% |
| Other operating charges | 640/8 | €13,955 | €5,890 | -€8,065 | -57.8% |
| Gross operating margin | 9900 | €376,921 | €341,748 | -€35,173 | -9.3% |
| Operating profit (loss) | 9901 | €50,475 | €152,640 | +€102,165 | +202.4% |
| Financial income | 75/76B | €700,023 | €0 | -€700,023 | -100.0% |
| Recurring financial income | 75 | €700,023 | €0 | -€700,023 | -100.0% |
| Financial charges | 65/66B | €18,980 | €40,634 | +€21,654 | +114.1% |
| Recurring financial charges | 65 | €18,980 | €40,634 | +€21,654 | +114.1% |
| Profit (loss) for the period before taxes | 9903 | €731,518 | €112,006 | -€619,513 | -84.7% |
| Income taxes | 67/77 | €8,989 | €30,933 | +€21,943 | +244.1% |
| Profit (loss) for the period | 9904 | €722,529 | €81,073 | -€641,456 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €722,529 | €81,073 | -€641,456 | -88.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.