WOLF CLUB: what changed
WOLF CLUB
Largest movements
- Tangible fixed assets +€19,446
up €19,446 (+18.2%), from €106,790 to €126,236
of which Furniture and vehicles: +€26,734
- Receivables within one year +€6,469
up €6,469 (+54.8%), from €11,799 to €18,269
of which Trade receivables: +€7,438
- Cash -€3,000
down €3,000 (-12.6%), from €23,845 to €20,845
mainly Investment in fixed assets (net) (-€47,903) and Debts after one year (-€20,014)
- Deferred charges and accrued income +€2,532
up €2,532 (+379%), from €668 to €3,200
- Debts after one year -€20,014
down €20,014 (-25.9%), from €77,275 to €57,262
- Profit (loss) carried forward +€18,800
up €18,800 (+23.8%), from -€78,944 to -€60,145
- Advances received +€14,496
new in 2024: €14,496
- Tax, wage and social debts +€5,114
up €5,114 (+108%), from €4,737 to €9,851
of which Remuneration and social security: +€3,000
- Other debts +€3,876
up €3,876 (+8.6%), from €44,821 to €48,697
- Gross operating margin +€14,383
up €14,383 (+34.3%), from €41,882 to €56,265
- Depreciation +€6,982
up €6,982 (+32.5%), from €21,475 to €28,457
- Taxes +€1,153
up €1,153 (+189%), from €610 to €1,763
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,609 | €171,122 | +€25,512 | +17.5% |
| Fixed assets | 21/28 | €106,790 | €126,236 | +€19,446 | +18.2% |
| Tangible fixed assets | 22/27 | €106,790 | €126,236 | +€19,446 | +18.2% |
| Land and buildings | 22 | €37,164 | €30,970 | -€6,194 | -16.7% |
| Plant, machinery and equipment | 23 | €18,662 | €17,567 | -€1,095 | -5.9% |
| Furniture and vehicles | 24 | €50,964 | €77,698 | +€26,734 | +52.5% |
| Current assets | 29/58 | €38,819 | €44,886 | +€6,067 | +15.6% |
| Stocks and contracts in progress | 3 | €2,507 | €2,572 | +€65 | +2.6% |
| Stocks | 30/36 | €2,507 | €2,572 | +€65 | +2.6% |
| Amounts receivable within one year | 40/41 | €11,799 | €18,269 | +€6,469 | +54.8% |
| Trade receivables | 40 | €10,218 | €17,657 | +€7,438 | +72.8% |
| Other amounts receivable | 41 | €1,581 | €612 | -€969 | -61.3% |
| Cash at bank and in hand | 54/58 | €23,845 | €20,845 | -€3,000 | -12.6% |
| Deferred charges and accrued income | 490/1 | €668 | €3,200 | +€2,532 | +379% |
| Total equity and liabilities | 10/49 | €145,609 | €171,122 | +€25,512 | +17.5% |
| Equity | 10/15 | -€10,774 | €8,026 | +€18,800 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,944 | -€60,145 | +€18,800 | +23.8% |
| Amounts payable | 17/49 | €156,383 | €163,095 | +€6,712 | +4.3% |
| Amounts payable after more than one year | 17 | €77,275 | €57,262 | -€20,014 | -25.9% |
| Financial debts | 170/4 | €77,275 | €57,262 | -€20,014 | -25.9% |
| Amounts payable within one year | 42/48 | €78,671 | €105,834 | +€27,163 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | €19,565 | €20,014 | +€448 | +2.3% |
| Trade debts | 44 | €9,547 | €12,776 | +€3,229 | +33.8% |
| Suppliers | 440/4 | €9,547 | €12,776 | +€3,229 | +33.8% |
| Advances received on contracts in progress | 46 | - | €14,496 | +€14,496 | |
| Taxes, remuneration and social security | 45 | €4,737 | €9,851 | +€5,114 | +108% |
| Taxes | 450/3 | €1,737 | €3,851 | +€2,114 | +122% |
| Remuneration and social security | 454/9 | €3,000 | €6,000 | +€3,000 | +100% |
| Other amounts payable | 47/48 | €44,821 | €48,697 | +€3,876 | +8.6% |
| Accrued charges and deferred income | 492/3 | €437 | - | -€437 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,475 | €28,457 | +€6,982 | +32.5% |
| Other operating charges | 640/8 | €4,325 | €4,600 | +€275 | +6.4% |
| Non-recurring operating charges | 66A | €175 | - | -€175 | |
| Gross operating margin | 9900 | €41,882 | €56,265 | +€14,383 | +34.3% |
| Operating profit (loss) | 9901 | €15,907 | €23,207 | +€7,301 | +45.9% |
| Financial income | 75/76B | €70 | €111 | +€41 | +59.1% |
| Recurring financial income | 75 | €70 | €111 | +€41 | +59.1% |
| Financial charges | 65/66B | €3,248 | €2,755 | -€492 | -15.2% |
| Recurring financial charges | 65 | €3,248 | €2,755 | -€492 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €12,729 | €20,563 | +€7,834 | +61.5% |
| Income taxes | 67/77 | €610 | €1,763 | +€1,153 | +189% |
| Profit (loss) for the period | 9904 | €12,118 | €18,800 | +€6,681 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,118 | €18,800 | +€6,681 | +55.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.