WOLCON: 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.
WOLCON
Largest movements
- Cash +€134,076
up €134,076 (+181%), from €74,065 to €208,141
mainly Net result for the year (+€106,889) and Current investments (+€43,405)
- Current investments -€43,405
down €43,405 (-29.0%), from €149,553 to €106,148
- Reserves +€112,193
up €112,193 (+53.4%), from €210,284 to €322,477
of which Distributable reserves: +€113,227
- Trade debts -€13,946
down €13,946 (-76.1%), from €18,325 to €4,380
- Profit (loss) carried forward -€5,303
down €5,303 (-100%), from €5,303 to €0
- Gross operating margin +€83,855
up €83,855 (+131%), from €63,811 to €147,666
- Taxes +€25,476
up €25,476 (+145%), from €17,629 to €43,105
- Financial income +€11,217
up €11,217 (+4,500%), from €249 to €11,466
- Depreciation -€1,943
down €1,943 (-23.5%), from €8,272 to €6,329
- Financial charges +€1,744
up €1,744 (+441%), from €395 to €2,139
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 | €287,373 | €377,508 | +€90,135 | +31.4% |
| Fixed assets | 21/28 | €28,829 | €25,446 | -€3,383 | -11.7% |
| Tangible fixed assets | 22/27 | €28,829 | €25,446 | -€3,383 | -11.7% |
| Furniture and vehicles | 24 | €14,670 | €11,045 | -€3,625 | -24.7% |
| Other tangible fixed assets | 26 | €14,159 | €14,402 | +€242 | +1.7% |
| Current assets | 29/58 | €258,543 | €352,062 | +€93,518 | +36.2% |
| Amounts receivable within one year | 40/41 | €34,926 | €35,094 | +€168 | +0.5% |
| Trade receivables | 40 | €34,926 | €32,456 | -€2,470 | -7.1% |
| Other amounts receivable | 41 | €0 | €2,638 | +€2,638 | |
| Current investments | 50/53 | €149,553 | €106,148 | -€43,405 | -29.0% |
| Cash at bank and in hand | 54/58 | €74,065 | €208,141 | +€134,076 | +181% |
| Deferred charges and accrued income | 490/1 | - | €2,679 | +€2,679 | |
| Total equity and liabilities | 10/49 | €287,373 | €377,508 | +€90,135 | +31.4% |
| Equity | 10/15 | €227,987 | €334,877 | +€106,889 | +46.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,284 | €322,477 | +€112,193 | +53.4% |
| Non-distributable reserves | 130/1 | €1,034 | €0 | -€1,034 | -100% |
| Reserves not available under the articles | 1311 | €1,034 | €0 | -€1,034 | -100% |
| Distributable reserves | 133 | €209,250 | €322,477 | +€113,227 | +54.1% |
| Profit (loss) carried forward | 14 | €5,303 | €0 | -€5,303 | -100% |
| Amounts payable | 17/49 | €59,385 | €42,631 | -€16,754 | -28.2% |
| Amounts payable within one year | 42/48 | €59,385 | €42,086 | -€17,299 | -29.1% |
| Trade debts | 44 | €18,325 | €4,380 | -€13,946 | -76.1% |
| Suppliers | 440/4 | €18,325 | €4,380 | -€13,946 | -76.1% |
| Taxes, remuneration and social security | 45 | €39,904 | €37,706 | -€2,198 | -5.5% |
| Taxes | 450/3 | €35,648 | €32,956 | -€2,691 | -7.6% |
| Remuneration and social security | 454/9 | €4,256 | €4,750 | +€494 | +11.6% |
| Other amounts payable | 47/48 | €1,156 | €0 | -€1,156 | -100% |
| Accrued charges and deferred income | 492/3 | - | €545 | +€545 | |
| Non-recurring operating income | 76A | - | €9,917 | +€9,917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,272 | €6,329 | -€1,943 | -23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €675 | €669 | -€6 | -0.8% |
| Gross operating margin | 9900 | €63,811 | €147,666 | +€83,855 | +131% |
| Operating profit (loss) | 9901 | €54,864 | €140,667 | +€85,803 | +156% |
| Financial income | 75/76B | €249 | €11,466 | +€11,217 | +4,500% |
| Recurring financial income | 75 | €249 | €11,466 | +€11,217 | +4,500% |
| Financial charges | 65/66B | €395 | €2,139 | +€1,744 | +441% |
| Recurring financial charges | 65 | €395 | €2,139 | +€1,744 | +441% |
| Profit (loss) for the period before taxes | 9903 | €54,718 | €149,995 | +€95,276 | +174% |
| Income taxes | 67/77 | €17,629 | €43,105 | +€25,476 | +145% |
| Profit (loss) for the period | 9904 | €37,089 | €106,889 | +€69,800 | +188% |
| Profit (loss) for the period to be appropriated | 9905 | €37,089 | €106,889 | +€69,800 | +188% |
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 30 October 2026 via checked.be.