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Wolf’s App: 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.

What changed

Wolf’s App

BE 0691.675.623
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€127,499
2024 · -€663-€126,836
Equity
-€210,114
2024 · -€82,615-€127,499
Cash
€492
2024 · €645-€153
Balance sheet total
€1,853
2024 · €127,458-€125,605

Largest movements

2024 to 2025
Assets
  • Intangible fixed assets -€123,511

    no longer reported in 2025 (was €123,511)

  • Receivables within one year -€1,940

    down €1,940 (-58.8%), from €3,301 to €1,360

    of which Other amounts receivable: -€1,820

Equity and liabilities
  • Profit (loss) carried forward -€127,499

    down €127,499 (-126.0%), from -€101,215 to -€228,714

  • Other debts +€1,894

    up €1,894 (+0.9%), from €210,073 to €211,967

Income statement
  • Gross operating margin -€126,029

    down €126,029 (-25283.7%), from -€498 to -€126,527

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€663
Gross operating margin -€126,029
Other operating charges -€787
Financial charges -€20
Result 2025 -€127,499

Cash bridge derived

cash 2024 to 2025

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.

From operations -€123,665
Investment +€123,511
Financing €0
Cash 2024 €645
Net result for the year -€127,499
Receivables within one year +€1,940
Other debts +€1,894
Investment in fixed assets (net) +€123,511
Cash 2025 €492
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €127,458 €1,853 -€125,605 -98.5%
Fixed assets 21/28 €123,511 - -€123,511
Intangible fixed assets 21 €123,511 - -€123,511
Current assets 29/58 €3,946 €1,853 -€2,094 -53.1%
Amounts receivable within one year 40/41 €3,301 €1,360 -€1,940 -58.8%
Trade receivables 40 €121 - -€121
Other amounts receivable 41 €3,180 €1,360 -€1,820 -57.2%
Cash at bank and in hand 54/58 €645 €492 -€153 -23.7%
Total equity and liabilities 10/49 €127,458 €1,853 -€125,605 -98.5%
Equity 10/15 -€82,615 -€210,114 -€127,499 -154.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€101,215 -€228,714 -€127,499 -126.0%
Amounts payable 17/49 €210,073 €211,967 +€1,894 +0.9%
Amounts payable within one year 42/48 €210,073 €211,967 +€1,894 +0.9%
Other amounts payable 47/48 €210,073 €211,967 +€1,894 +0.9%
Other operating charges 640/8 - €787 +€787
Gross operating margin 9900 -€498 -€126,527 -€126,029 -25283.7%
Operating profit (loss) 9901 -€498 -€127,315 -€126,816 -25441.6%
Financial charges 65/66B €165 €184 +€20 +12.1%
Recurring financial charges 65 €165 €184 +€20 +12.1%
Profit (loss) for the period before taxes 9903 -€663 -€127,499 -€126,836 -19128.3%
Profit (loss) for the period 9904 -€663 -€127,499 -€126,836 -19128.3%
Profit (loss) for the period to be appropriated 9905 -€663 -€127,499 -€126,836 -19128.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.