WOLEXPRESS: 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.
WOLEXPRESS
Largest movements
- Cash -€36,689
down €36,689 (-18.2%), from €201,181 to €164,492
mainly Tax, wage and social debts (-€37,056) and Receivables within one year (-€29,957)
- Receivables within one year +€29,957
up €29,957 (+37.6%), from €79,754 to €109,711
of which Trade receivables: +€70,368
- Stocks and contracts -€4,351
down €4,351 (-11.6%), from €37,534 to €33,183
- Tax, wage and social debts -€37,056
down €37,056 (-27.0%), from €137,305 to €100,249
of which Taxes: -€59,121
- Other debts +€23,754
up €23,754 (+5898.8%), from €403 to €24,157
- Staff costs +€27,034
up €27,034 (+31.0%), from €87,331 to €114,365
- Gross operating margin +€26,182
up €26,182 (+24.0%), from €109,262 to €135,444
- Other operating charges -€4,340
down €4,340 (-68.8%), from €6,309 to €1,970
- Financial charges +€4,069
up €4,069 (+34.3%), from €11,876 to €15,945
- Depreciation -€1,516
down €1,516 (-65.1%), from €2,329 to €812
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 | €327,794 | €315,898 | -€11,896 | -3.6% |
| Fixed assets | 21/28 | €9,325 | €8,512 | -€812 | -8.7% |
| Tangible fixed assets | 22/27 | €4,991 | €4,178 | -€812 | -16.3% |
| Plant, machinery and equipment | 23 | €4,419 | €3,838 | -€581 | -13.1% |
| Furniture and vehicles | 24 | €572 | €340 | -€232 | -40.5% |
| Financial fixed assets | 28 | €4,334 | €4,334 | = | 0.0% |
| Current assets | 29/58 | €318,469 | €307,386 | -€11,084 | -3.5% |
| Stocks and contracts in progress | 3 | €37,534 | €33,183 | -€4,351 | -11.6% |
| Stocks | 30/36 | €37,534 | €33,183 | -€4,351 | -11.6% |
| Amounts receivable within one year | 40/41 | €79,754 | €109,711 | +€29,957 | +37.6% |
| Trade receivables | 40 | €30,184 | €100,551 | +€70,368 | +233.1% |
| Other amounts receivable | 41 | €49,570 | €9,159 | -€40,411 | -81.5% |
| Cash at bank and in hand | 54/58 | €201,181 | €164,492 | -€36,689 | -18.2% |
| Total equity and liabilities | 10/49 | €327,794 | €315,898 | -€11,896 | -3.6% |
| Equity | 10/15 | €190,086 | €191,492 | +€1,406 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,886 | €185,292 | +€1,406 | +0.8% |
| Amounts payable | 17/49 | €137,708 | €124,406 | -€13,302 | -9.7% |
| Amounts payable within one year | 42/48 | €137,708 | €124,406 | -€13,302 | -9.7% |
| Taxes, remuneration and social security | 45 | €137,305 | €100,249 | -€37,056 | -27.0% |
| Taxes | 450/3 | €97,567 | €38,446 | -€59,121 | -60.6% |
| Remuneration and social security | 454/9 | €39,738 | €61,803 | +€22,065 | +55.5% |
| Other amounts payable | 47/48 | €403 | €24,157 | +€23,754 | +5898.8% |
| Remuneration, social security and pensions | 62 | €87,331 | €114,365 | +€27,034 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,329 | €812 | -€1,516 | -65.1% |
| Other operating charges | 640/8 | €6,309 | €1,970 | -€4,340 | -68.8% |
| Gross operating margin | 9900 | €109,262 | €135,444 | +€26,182 | +24.0% |
| Operating profit (loss) | 9901 | €13,293 | €18,296 | +€5,004 | +37.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -90.7% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -90.7% |
| Financial charges | 65/66B | €11,876 | €15,945 | +€4,069 | +34.3% |
| Recurring financial charges | 65 | €11,876 | €15,945 | +€4,069 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €1,419 | €2,352 | +€933 | +65.8% |
| Income taxes | 67/77 | €1,356 | €946 | -€409 | -30.2% |
| Profit (loss) for the period | 9904 | €63 | €1,406 | +€1,343 | +2119.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63 | €1,406 | +€1,343 | +2119.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.