Wolf & Wereld: 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 & Wereld
Largest movements
- Receivables within one year -€10,107
down €10,107 (-79.3%), from €12,741 to €2,634
- Intangible fixed assets -€5,457
down €5,457 (-16.7%), from €32,745 to €27,287
- Stocks and contracts +€2,505
up €2,505 (+107%), from €2,333 to €4,838
- Cash -€1,320
down €1,320 (-24.1%), from €5,478 to €4,158
mainly Debts after one year (-€12,295) and Net result for the year (-€5,481)
- Debts after one year -€12,295
no longer reported in 2023 (was €12,295)
- Reserves -€10,202
down €10,202 (-41.0%), from €24,879 to €14,677
of which Distributable reserves: -€10,202
- Profit (loss) carried forward +€4,721
no longer reported in 2023 (was -€4,721)
- Trade debts +€1,633
up €1,633 (+83.6%), from €1,953 to €3,586
- Tax, wage and social debts +€935
up €935 (+28.3%), from €3,309 to €4,245
of which Taxes: +€2,359
- Gross operating margin -€13,092
down €13,092 (-54.9%), from €23,858 to €10,766
- Staff costs -€7,185
down €7,185 (-50.8%), from €14,131 to €6,946
- Other operating charges -€806
down €806 (-26.0%), from €3,100 to €2,295
- Financial income -€603
down €603 (-94.1%), from €641 to €38
- Depreciation -€336
down €336 (-5.5%), from €6,166 to €5,830
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,386 | €43,776 | -€14,609 | -25.0% |
| Fixed assets | 21/28 | €37,834 | €31,988 | -€5,846 | -15.5% |
| Intangible fixed assets | 21 | €32,745 | €27,287 | -€5,457 | -16.7% |
| Tangible fixed assets | 22/27 | €3,706 | €3,334 | -€372 | -10.0% |
| Furniture and vehicles | 24 | €39 | - | -€39 | |
| Other tangible fixed assets | 26 | €3,667 | €3,334 | -€333 | -9.1% |
| Financial fixed assets | 28 | €1,383 | €1,367 | -€16 | -1.2% |
| Current assets | 29/58 | €20,552 | €11,788 | -€8,763 | -42.6% |
| Stocks and contracts in progress | 3 | €2,333 | €4,838 | +€2,505 | +107% |
| Stocks | 30/36 | €2,333 | €4,838 | +€2,505 | +107% |
| Amounts receivable within one year | 40/41 | €12,741 | €2,634 | -€10,107 | -79.3% |
| Other amounts receivable | 41 | €12,741 | €2,634 | -€10,107 | -79.3% |
| Cash at bank and in hand | 54/58 | €5,478 | €4,158 | -€1,320 | -24.1% |
| Deferred charges and accrued income | 490/1 | - | €159 | +€159 | |
| Total equity and liabilities | 10/49 | €58,386 | €43,776 | -€14,609 | -25.0% |
| Equity | 10/15 | €38,358 | €32,877 | -€5,481 | -14.3% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €24,879 | €14,677 | -€10,202 | -41.0% |
| Non-distributable reserves | 130/1 | €3,060 | €3,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,060 | €3,060 | = | 0.0% |
| Distributable reserves | 133 | €21,819 | €11,617 | -€10,202 | -46.8% |
| Profit (loss) carried forward | 14 | -€4,721 | - | +€4,721 | |
| Amounts payable | 17/49 | €20,028 | €10,900 | -€9,128 | -45.6% |
| Amounts payable after more than one year | 17 | €12,295 | - | -€12,295 | |
| Financial debts | 170/4 | €12,295 | - | -€12,295 | |
| Amounts payable within one year | 42/48 | €7,733 | €10,900 | +€3,167 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €2,471 | €3,069 | +€599 | +24.2% |
| Trade debts | 44 | €1,953 | €3,586 | +€1,633 | +83.6% |
| Suppliers | 440/4 | €1,953 | €3,586 | +€1,633 | +83.6% |
| Taxes, remuneration and social security | 45 | €3,309 | €4,245 | +€935 | +28.3% |
| Taxes | 450/3 | €837 | €3,196 | +€2,359 | +282% |
| Remuneration and social security | 454/9 | €2,473 | €1,049 | -€1,424 | -57.6% |
| Remuneration, social security and pensions | 62 | €14,131 | €6,946 | -€7,185 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,166 | €5,830 | -€336 | -5.5% |
| Other operating charges | 640/8 | €3,100 | €2,295 | -€806 | -26.0% |
| Gross operating margin | 9900 | €23,858 | €10,766 | -€13,092 | -54.9% |
| Operating profit (loss) | 9901 | €461 | -€4,304 | -€4,765 | |
| Financial income | 75/76B | €641 | €38 | -€603 | -94.1% |
| Recurring financial income | 75 | €641 | €38 | -€603 | -94.1% |
| Financial charges | 65/66B | €1,088 | €1,215 | +€127 | +11.7% |
| Recurring financial charges | 65 | €1,088 | €1,215 | +€127 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €14 | -€5,481 | -€5,495 | |
| Profit (loss) for the period | 9904 | €14 | -€5,481 | -€5,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €14 | -€5,481 | -€5,495 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.