Wolf & Nanou: 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.
Wolf & Nanou
Largest movements
- Cash +€5,898
new in 2025: €5,898
mainly Other debts (+€8,857) and Contributions, distributions and other (+€7,600)
- Financial fixed assets +€2,000
new in 2025: €2,000
- Receivables within one year +€1,461
up €1,461 (+156.5%), from €934 to €2,395
of which Trade receivables: +€2,312
- Other debts +€8,857
new in 2025: €8,857
- Contributions +€7,600
new in 2025: €7,600
- Profit (loss) carried forward -€5,987
down €5,987 (-88.3%), from -€6,778 to -€12,765
- Trade debts -€5,924
down €5,924 (-76.8%), from €7,712 to €1,788
- Tax, wage and social debts +€4,813
new in 2025: €4,813
of which Remuneration and social security: +€2,868
- Purchases and services +€48,262
new in 2025: €48,262
- Gross operating margin +€21,288
up €21,288, from -€6,093 to €15,195
- Staff costs +€19,821
new in 2025: €19,821
- Other operating charges +€1,315
new in 2025: €1,315
- Depreciation -€685
no longer reported in 2025 (was €685)
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 | €934 | €10,293 | +€9,359 | +1002.1% |
| Fixed assets | 21/28 | - | €2,000 | +€2,000 | |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €934 | €8,293 | +€7,359 | +788.0% |
| Amounts receivable within one year | 40/41 | €934 | €2,395 | +€1,461 | +156.5% |
| Trade receivables | 40 | - | €2,312 | +€2,312 | |
| Other amounts receivable | 41 | €934 | €83 | -€851 | -91.1% |
| Cash at bank and in hand | 54/58 | - | €5,898 | +€5,898 | |
| Total equity and liabilities | 10/49 | €934 | €10,293 | +€9,359 | +1002.1% |
| Equity | 10/15 | -€6,778 | -€5,165 | +€1,613 | +23.8% |
| Contributions | 10/11 | - | €7,600 | +€7,600 | |
| Profit (loss) carried forward | 14 | -€6,778 | -€12,765 | -€5,987 | -88.3% |
| Amounts payable | 17/49 | €7,712 | €15,458 | +€7,746 | +100.4% |
| Amounts payable within one year | 42/48 | €7,712 | €15,458 | +€7,746 | +100.4% |
| Trade debts | 44 | €7,712 | €1,788 | -€5,924 | -76.8% |
| Suppliers | 440/4 | €7,712 | €1,788 | -€5,924 | -76.8% |
| Taxes, remuneration and social security | 45 | - | €4,813 | +€4,813 | |
| Taxes | 450/3 | - | €1,945 | +€1,945 | |
| Remuneration and social security | 454/9 | - | €2,868 | +€2,868 | |
| Other amounts payable | 47/48 | - | €8,857 | +€8,857 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €48,262 | +€48,262 | |
| Remuneration, social security and pensions | 62 | - | €19,821 | +€19,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | - | -€685 | |
| Other operating charges | 640/8 | - | €1,315 | +€1,315 | |
| Gross operating margin | 9900 | -€6,093 | €15,195 | +€21,288 | |
| Operating profit (loss) | 9901 | -€6,778 | -€5,942 | +€837 | +12.3% |
| Financial charges | 65/66B | - | €45 | +€45 | |
| Recurring financial charges | 65 | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | -€6,778 | -€5,987 | +€792 | +11.7% |
| Profit (loss) for the period | 9904 | -€6,778 | -€5,987 | +€792 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,778 | -€5,987 | +€792 | +11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.