Wolff: 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.
Wolff
Largest movements
- Receivables within one year +€53,598
up €53,598 (+104%), from €51,616 to €105,214
of which Other amounts receivable: +€45,896
- Tangible fixed assets +€9,665
up €9,665 (+96.6%), from €10,005 to €19,670
of which Furniture and vehicles: +€9,951
- Intangible fixed assets -€6,970
down €6,970 (-32.3%), from €21,587 to €14,617
- Trade debts +€37,551
up €37,551 (+211%), from €17,839 to €55,390
- Reserves +€10,702
up €10,702 (+47.0%), from €22,782 to €33,485
- Other debts -€10,412
down €10,412 (-66.4%), from €15,688 to €5,276
- Debts after one year +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Tax, wage and social debts +€7,319
up €7,319 (+23.3%), from €31,387 to €38,706
of which Taxes: +€11,324
- Gross operating margin +€17,363
up €17,363 (+18.3%), from €94,906 to €112,269
- Staff costs +€4,804
up €4,804 (+6.7%), from €71,356 to €76,160
- Depreciation +€3,276
up €3,276 (+35.4%), from €9,243 to €12,519
- Taxes +€2,764
up €2,764 (+39.1%), from €7,072 to €9,835
- Financial charges +€2,169
up €2,169 (+947%), from €229 to €2,398
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,695 | €168,856 | +€55,161 | +48.5% |
| Fixed assets | 21/28 | €31,592 | €34,287 | +€2,695 | +8.5% |
| Intangible fixed assets | 21 | €21,587 | €14,617 | -€6,970 | -32.3% |
| Tangible fixed assets | 22/27 | €10,005 | €19,670 | +€9,665 | +96.6% |
| Plant, machinery and equipment | 23 | €1,169 | €882 | -€286 | -24.5% |
| Furniture and vehicles | 24 | €8,836 | €18,787 | +€9,951 | +113% |
| Current assets | 29/58 | €82,103 | €134,569 | +€52,466 | +63.9% |
| Amounts receivable within one year | 40/41 | €51,616 | €105,214 | +€53,598 | +104% |
| Trade receivables | 40 | €3,122 | €10,824 | +€7,702 | +247% |
| Other amounts receivable | 41 | €48,494 | €94,390 | +€45,896 | +94.6% |
| Cash at bank and in hand | 54/58 | €28,059 | €27,940 | -€119 | -0.4% |
| Deferred charges and accrued income | 490/1 | €2,429 | €1,415 | -€1,014 | -41.7% |
| Total equity and liabilities | 10/49 | €113,695 | €168,856 | +€55,161 | +48.5% |
| Equity | 10/15 | €28,782 | €39,485 | +€10,702 | +37.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €22,782 | €33,485 | +€10,702 | +47.0% |
| Distributable reserves | 133 | €22,782 | €33,485 | +€10,702 | +47.0% |
| Amounts payable | 17/49 | €84,913 | €129,371 | +€44,458 | +52.4% |
| Amounts payable after more than one year | 17 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Other amounts payable | 178/9 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Amounts payable within one year | 42/48 | €64,913 | €99,371 | +€34,458 | +53.1% |
| Trade debts | 44 | €17,839 | €55,390 | +€37,551 | +211% |
| Suppliers | 440/4 | €17,839 | €55,390 | +€37,551 | +211% |
| Taxes, remuneration and social security | 45 | €31,387 | €38,706 | +€7,319 | +23.3% |
| Taxes | 450/3 | €12,291 | €23,615 | +€11,324 | +92.1% |
| Remuneration and social security | 454/9 | €19,096 | €15,091 | -€4,005 | -21.0% |
| Other amounts payable | 47/48 | €15,688 | €5,276 | -€10,412 | -66.4% |
| Remuneration, social security and pensions | 62 | €71,356 | €76,160 | +€4,804 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,243 | €12,519 | +€3,276 | +35.4% |
| Other operating charges | 640/8 | €636 | €654 | +€18 | +2.8% |
| Gross operating margin | 9900 | €94,906 | €112,269 | +€17,363 | +18.3% |
| Operating profit (loss) | 9901 | €13,670 | €22,936 | +€9,265 | +67.8% |
| Financial charges | 65/66B | €229 | €2,398 | +€2,169 | +947% |
| Recurring financial charges | 65 | €229 | €2,398 | +€2,169 | +947% |
| Profit (loss) for the period before taxes | 9903 | €13,442 | €20,538 | +€7,096 | +52.8% |
| Income taxes | 67/77 | €7,072 | €9,835 | +€2,764 | +39.1% |
| Profit (loss) for the period | 9904 | €6,370 | €10,702 | +€4,332 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,370 | €10,702 | +€4,332 | +68.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.