WOLF 359: 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.
WOLF 359
Largest movements
- Tangible fixed assets -€31,770
down €31,770 (-24.1%), from €131,867 to €100,098
of which Land and buildings: -€21,878
- Receivables within one year -€24,504
down €24,504 (-17.4%), from €140,559 to €116,055
of which Trade receivables: -€24,170
- Cash -€7,569
down €7,569 (-60.2%), from €12,582 to €5,013
mainly Net result for the year (-€34,749) and Debts after one year (-€17,469)
- Profit (loss) carried forward -€34,749
down €34,749 (-32.6%), from €106,541 to €71,792
- Debts after one year -€17,469
down €17,469 (-59.2%), from €29,528 to €12,059
- Current portion of long-term debt -€12,841
down €12,841 (-42.4%), from €30,309 to €17,469
- Tax, wage and social debts +€5,312
up €5,312 (+96.2%), from €5,524 to €10,836
of which Remuneration and social security: +€10,162
- Other debts -€3,798
down €3,798 (-6.2%), from €60,859 to €57,062
- Gross operating margin -€53,739
down €53,739 (-92.2%), from €58,307 to €4,568
- Other operating charges -€3,378
down €3,378 (-49.9%), from €6,770 to €3,393
- Financial charges -€3,085
down €3,085 (-58.3%), from €5,296 to €2,211
- Taxes -€3,029
down €3,029 (-60.5%), from €5,005 to €1,976
- Depreciation +€1,288
up €1,288 (+4.2%), from €30,481 to €31,770
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 | €293,220 | €228,482 | -€64,738 | -22.1% |
| Fixed assets | 21/28 | €132,117 | €100,348 | -€31,770 | -24.0% |
| Tangible fixed assets | 22/27 | €131,867 | €100,098 | -€31,770 | -24.1% |
| Land and buildings | 22 | €92,885 | €71,007 | -€21,878 | -23.6% |
| Plant, machinery and equipment | 23 | €16,675 | €14,547 | -€2,128 | -12.8% |
| Furniture and vehicles | 24 | €22,307 | €14,543 | -€7,764 | -34.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €161,103 | €128,134 | -€32,968 | -20.5% |
| Stocks and contracts in progress | 3 | €2,963 | €2,963 | = | 0.0% |
| Stocks | 30/36 | €2,963 | €2,963 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €140,559 | €116,055 | -€24,504 | -17.4% |
| Trade receivables | 40 | €140,225 | €116,055 | -€24,170 | -17.2% |
| Other amounts receivable | 41 | €334 | - | -€334 | |
| Cash at bank and in hand | 54/58 | €12,582 | €5,013 | -€7,569 | -60.2% |
| Deferred charges and accrued income | 490/1 | €4,998 | €4,103 | -€896 | -17.9% |
| Total equity and liabilities | 10/49 | €293,220 | €228,482 | -€64,738 | -22.1% |
| Equity | 10/15 | €164,982 | €130,233 | -€34,749 | -21.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €39,891 | €39,891 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,036 | €11,036 | = | 0.0% |
| Distributable reserves | 133 | €28,855 | €28,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,541 | €71,792 | -€34,749 | -32.6% |
| Amounts payable | 17/49 | €128,238 | €98,249 | -€29,989 | -23.4% |
| Amounts payable after more than one year | 17 | €29,528 | €12,059 | -€17,469 | -59.2% |
| Financial debts | 170/4 | €29,528 | €12,059 | -€17,469 | -59.2% |
| Amounts payable within one year | 42/48 | €98,710 | €86,190 | -€12,521 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €30,309 | €17,469 | -€12,841 | -42.4% |
| Trade debts | 44 | €2,017 | €823 | -€1,194 | -59.2% |
| Suppliers | 440/4 | €2,017 | €823 | -€1,194 | -59.2% |
| Taxes, remuneration and social security | 45 | €5,524 | €10,836 | +€5,312 | +96.2% |
| Taxes | 450/3 | €5,524 | €674 | -€4,851 | -87.8% |
| Remuneration and social security | 454/9 | - | €10,162 | +€10,162 | |
| Other amounts payable | 47/48 | €60,859 | €57,062 | -€3,798 | -6.2% |
| Non-recurring operating income | 76A | - | €8,400 | +€8,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,481 | €31,770 | +€1,288 | +4.2% |
| Other operating charges | 640/8 | €6,770 | €3,393 | -€3,378 | -49.9% |
| Gross operating margin | 9900 | €58,307 | €4,568 | -€53,739 | -92.2% |
| Operating profit (loss) | 9901 | €21,056 | -€30,594 | -€51,650 | |
| Financial income | 75/76B | €35 | €32 | -€3 | -8.3% |
| Recurring financial income | 75 | €35 | €32 | -€3 | -8.3% |
| Financial charges | 65/66B | €5,296 | €2,211 | -€3,085 | -58.3% |
| Recurring financial charges | 65 | €5,296 | €2,211 | -€3,085 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €15,795 | -€32,773 | -€48,568 | |
| Income taxes | 67/77 | €5,005 | €1,976 | -€3,029 | -60.5% |
| Profit (loss) for the period | 9904 | €10,790 | -€34,749 | -€45,539 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,790 | -€34,749 | -€45,539 |
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 1 October 2026 via checked.be.