WOLFERT: 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.
WOLFERT
Largest movements
- Cash +€20,807
up €20,807 (+29.6%), from €70,337 to €91,144
mainly Other debts (+€7,903) and Current investments (+€5,064)
- Other debts +€7,903
up €7,903 (+4.3%), from €183,609 to €191,512
- Financial income -€17,393
down €17,393 (-82.8%), from €20,997 to €3,604
of which Non-recurring financial income: -€18,266
- Gross operating margin -€7,879
down €7,879 (-53.6%), from €14,712 to €6,833
- Financial charges +€5,094
up €5,094 (+4,783%), from €107 to €5,201
of which Non-recurring financial charges: +€5,064
- Taxes -€4,456
down €4,456 (-72.1%), from €6,179 to €1,723
- Other operating charges +€329
up €329 (+31.2%), from €1,057 to €1,387
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.
Derived cash bridge
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 | €523,332 | €534,875 | +€11,543 | +2.2% |
| Fixed assets | 21/28 | €13,591 | €10,191 | -€3,400 | -25.0% |
| Tangible fixed assets | 22/27 | €13,591 | €10,191 | -€3,400 | -25.0% |
| Plant, machinery and equipment | 23 | €13,591 | €10,191 | -€3,400 | -25.0% |
| Current assets | 29/58 | €509,741 | €524,685 | +€14,943 | +2.9% |
| Stocks and contracts in progress | 3 | €176 | €176 | = | 0.0% |
| Stocks | 30/36 | €176 | €176 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €262,802 | €261,205 | -€1,597 | -0.6% |
| Trade receivables | 40 | €262,486 | €260,403 | -€2,083 | -0.8% |
| Other amounts receivable | 41 | €316 | €802 | +€487 | +154% |
| Current investments | 50/53 | €173,894 | €168,830 | -€5,064 | -2.9% |
| Cash at bank and in hand | 54/58 | €70,337 | €91,144 | +€20,807 | +29.6% |
| Deferred charges and accrued income | 490/1 | €2,532 | €3,329 | +€798 | +31.5% |
| Total equity and liabilities | 10/49 | €523,332 | €534,875 | +€11,543 | +2.2% |
| Equity | 10/15 | €309,028 | €307,754 | -€1,273 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,428 | €290,428 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,870 | €23,870 | = | 0.0% |
| Distributable reserves | 133 | €263,459 | €263,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,273 | -€1,273 | |
| Amounts payable | 17/49 | €214,304 | €227,121 | +€12,816 | +6.0% |
| Amounts payable within one year | 42/48 | €211,462 | €224,632 | +€13,170 | +6.2% |
| Trade debts | 44 | €22,202 | €27,028 | +€4,825 | +21.7% |
| Suppliers | 440/4 | €22,202 | €27,028 | +€4,825 | +21.7% |
| Taxes, remuneration and social security | 45 | €5,651 | €6,093 | +€442 | +7.8% |
| Taxes | 450/3 | €5,651 | €6,093 | +€442 | +7.8% |
| Other amounts payable | 47/48 | €183,609 | €191,512 | +€7,903 | +4.3% |
| Accrued charges and deferred income | 492/3 | €2,842 | €2,489 | -€354 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,057 | €1,387 | +€329 | +31.2% |
| Gross operating margin | 9900 | €14,712 | €6,833 | -€7,879 | -53.6% |
| Operating profit (loss) | 9901 | €10,255 | €2,046 | -€8,208 | -80.0% |
| Financial income | 75/76B | €20,997 | €3,604 | -€17,393 | -82.8% |
| Recurring financial income | 75 | €2,731 | €3,604 | +€872 | +31.9% |
| Non-recurring financial income | 76B | €18,266 | - | -€18,266 | |
| Financial charges | 65/66B | €107 | €5,201 | +€5,094 | +4,783% |
| Recurring financial charges | 65 | €107 | €136 | +€30 | +28.0% |
| Non-recurring financial charges | 66B | - | €5,064 | +€5,064 | |
| Profit (loss) for the period before taxes | 9903 | €31,145 | €449 | -€30,696 | -98.6% |
| Income taxes | 67/77 | €6,179 | €1,723 | -€4,456 | -72.1% |
| Profit (loss) for the period | 9904 | €24,966 | -€1,273 | -€26,240 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,966 | -€1,273 | -€26,240 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.