WOLCO: 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.
WOLCO
Largest movements
- Cash -€150,661
down €150,661 (-50.0%), from €301,191 to €150,531
mainly Debts after one year (-€86,296) and Net result for the year (-€35,989)
- Tangible fixed assets +€31,141
up €31,141 (+173%), from €18,000 to €49,141
of which Furniture and vehicles: +€31,141
- Receivables within one year -€14,284
down €14,284 (-94.4%), from €15,138 to €854
of which Trade receivables: -€14,210
- Stocks and contracts +€10,950
up €10,950 (+30.8%), from €35,500 to €46,450
- Debts after one year -€86,296
down €86,296 (-99.8%), from €86,497 to €201
- Reserves -€35,965
down €35,965 (-13.7%), from €263,400 to €227,435
- Gross operating margin -€76,407
down €76,407, from €48,818 to -€27,589
- Write-downs +€25,585
up €25,585, from -€25,585 to €0
- Taxes -€19,372
down €19,372 (-93.4%), from €20,732 to €1,360
- Depreciation +€3,044
new in 2025: €3,044
- Financial charges -€1,196
down €1,196 (-71.1%), from €1,683 to €487
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 | €373,713 | €250,963 | -€122,750 | -32.8% |
| Fixed assets | 21/28 | €18,000 | €49,141 | +€31,141 | +173% |
| Tangible fixed assets | 22/27 | €18,000 | €49,141 | +€31,141 | +173% |
| Furniture and vehicles | 24 | - | €31,141 | +€31,141 | |
| Other tangible fixed assets | 26 | €18,000 | €18,000 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €355,713 | €201,822 | -€153,891 | -43.3% |
| Stocks and contracts in progress | 3 | €35,500 | €46,450 | +€10,950 | +30.8% |
| Stocks | 30/36 | €35,500 | €46,450 | +€10,950 | +30.8% |
| Amounts receivable within one year | 40/41 | €15,138 | €854 | -€14,284 | -94.4% |
| Trade receivables | 40 | €14,210 | €0 | -€14,210 | -100% |
| Other amounts receivable | 41 | €928 | €854 | -€74 | -8.0% |
| Cash at bank and in hand | 54/58 | €301,191 | €150,531 | -€150,661 | -50.0% |
| Deferred charges and accrued income | 490/1 | €3,883 | €3,987 | +€104 | +2.7% |
| Total equity and liabilities | 10/49 | €373,713 | €250,963 | -€122,750 | -32.8% |
| Equity | 10/15 | €282,024 | €246,035 | -€35,989 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €263,400 | €227,435 | -€35,965 | -13.7% |
| Distributable reserves | 133 | €263,400 | €227,435 | -€35,965 | -13.7% |
| Profit (loss) carried forward | 14 | €24 | €0 | -€24 | -100% |
| Amounts payable | 17/49 | €91,688 | €4,927 | -€86,761 | -94.6% |
| Amounts payable after more than one year | 17 | €86,497 | €201 | -€86,296 | -99.8% |
| Other amounts payable | 178/9 | €86,497 | €201 | -€86,296 | -99.8% |
| Amounts payable within one year | 42/48 | €5,191 | €4,726 | -€465 | -9.0% |
| Trade debts | 44 | €1,793 | €3,853 | +€2,060 | +115% |
| Suppliers | 440/4 | €1,793 | €3,853 | +€2,060 | +115% |
| Taxes, remuneration and social security | 45 | €1,732 | €873 | -€859 | -49.6% |
| Taxes | 450/3 | €1,732 | €873 | -€859 | -49.6% |
| Other amounts payable | 47/48 | €1,666 | €0 | -€1,666 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,044 | +€3,044 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,585 | €0 | +€25,585 | |
| Other operating charges | 640/8 | €3,705 | €4,692 | +€987 | +26.7% |
| Gross operating margin | 9900 | €48,818 | -€27,589 | -€76,407 | |
| Operating profit (loss) | 9901 | €70,698 | -€35,325 | -€106,023 | |
| Financial income | 75/76B | €0 | €1,183 | +€1,183 | |
| Recurring financial income | 75 | €0 | €1,183 | +€1,183 | |
| Financial charges | 65/66B | €1,683 | €487 | -€1,196 | -71.1% |
| Recurring financial charges | 65 | €1,683 | €487 | -€1,196 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €69,016 | -€34,629 | -€103,644 | |
| Income taxes | 67/77 | €20,732 | €1,360 | -€19,372 | -93.4% |
| Profit (loss) for the period | 9904 | €48,284 | -€35,989 | -€84,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,284 | -€35,989 | -€84,272 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.