WOLFFKRAN BELGIUM: what changed
What changed
WOLFFKRAN BELGIUM
NACE 77.320, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
-€329,484
2024 · -€104,836-€224,648
Equity
€2.0m
2024 · €2.3m-€329,484
Cash
€53,280
2024 · €205,574-€152,294
Balance sheet total
€2.4m
2024 · €2.5m-€108,746
Largest movements
Assets
- Cash -€152,294
down €152,294 (-74.1%), from €205,574 to €53,280
mainly Net result for the year (-€329,484) and Receivables within one year (-€22,112)
Equity and liabilities
- Profit (loss) carried forward -€329,484
down €329,484 (-19.3%), from €1.7m to €1.4m
- Trade debts +€217,473
up €217,473 (+177%), from €122,576 to €340,049
Income statement
- Gross operating margin -€123,374
down €123,374, from €88,524 to -€34,850
- Write-downs +€80,809
new in 2025: €80,809
- Staff costs +€43,558
up €43,558 (+16.7%), from €261,115 to €304,672
- Other operating charges -€25,655
down €25,655 (-95.0%), from €26,992 to €1,337
- Depreciation +€2,057
up €2,057 (+62.1%), from €3,310 to €5,367
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€104,836
Gross operating margin
-€123,374
Staff costs
-€43,558
Depreciation
-€2,057
Write-downs
-€80,809
Other operating charges
+€25,655
Financial income
-€4
Financial charges
+€91
Taxes
-€593
Result 2025
-€329,484
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€146,038
Investment
-€6,256
Financing
€0
Cash 2024
€205,574
From operations (derived)
-€146,038
Net result for the year
-€329,484
Depreciation
+€5,367
Stocks and contracts
-€14,026
Receivables within one year
-€22,112
Deferred charges and accrued income
-€6,521
Trade debts
+€217,473
Tax, wage and social debts
-€2,182
Accrued charges and deferred income
+€5,447
Investment (derived)
-€6,256
Investment in fixed assets (net)
-€6,256
Cash 2025
€53,280
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,509,111 | €2,400,365 | -€108,746 | -4.3% |
| Fixed assets | 21/28 | €1,435,946 | €1,436,835 | +€889 | +0.1% |
| Tangible fixed assets | 22/27 | €5,946 | €6,835 | +€889 | +15.0% |
| Plant, machinery and equipment | 23 | €2,001 | €931 | -€1,070 | -53.5% |
| Furniture and vehicles | 24 | €3,945 | €5,904 | +€1,959 | +49.7% |
| Financial fixed assets | 28 | €1,430,000 | €1,430,000 | = | 0.0% |
| Current assets | 29/58 | €1,073,165 | €963,529 | -€109,635 | -10.2% |
| Stocks and contracts in progress | 3 | €37,868 | €51,894 | +€14,026 | +37.0% |
| Stocks | 30/36 | €37,868 | €51,894 | +€14,026 | +37.0% |
| Amounts receivable within one year | 40/41 | €829,722 | €851,835 | +€22,112 | +2.7% |
| Trade receivables | 40 | €729,902 | €851,835 | +€121,933 | +16.7% |
| Other amounts receivable | 41 | €99,821 | €0 | -€99,821 | -100% |
| Cash at bank and in hand | 54/58 | €205,574 | €53,280 | -€152,294 | -74.1% |
| Deferred charges and accrued income | 490/1 | - | €6,521 | +€6,521 | |
| Total equity and liabilities | 10/49 | €2,509,111 | €2,400,365 | -€108,746 | -4.3% |
| Equity | 10/15 | €2,315,055 | €1,985,571 | -€329,484 | -14.2% |
| Contributions | 10/11 | €548,800 | €548,800 | = | 0.0% |
| Reserves | 13 | €54,880 | €54,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54,880 | €54,880 | = | 0.0% |
| Reserves not available under the articles | 1311 | €54,880 | €54,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,711,375 | €1,381,891 | -€329,484 | -19.3% |
| Amounts payable | 17/49 | €194,056 | €414,794 | +€220,738 | +114% |
| Amounts payable within one year | 42/48 | €185,303 | €400,594 | +€215,291 | +116% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €122,576 | €340,049 | +€217,473 | +177% |
| Suppliers | 440/4 | €122,576 | €340,049 | +€217,473 | +177% |
| Taxes, remuneration and social security | 45 | €62,727 | €60,545 | -€2,182 | -3.5% |
| Taxes | 450/3 | €26,651 | €12,197 | -€14,454 | -54.2% |
| Remuneration and social security | 454/9 | €36,076 | €48,348 | +€12,272 | +34.0% |
| Accrued charges and deferred income | 492/3 | €8,753 | €14,200 | +€5,447 | +62.2% |
| Remuneration, social security and pensions | 62 | €261,115 | €304,672 | +€43,558 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,310 | €5,367 | +€2,057 | +62.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €80,809 | +€80,809 | |
| Other operating charges | 640/8 | €26,992 | €1,337 | -€25,655 | -95.0% |
| Gross operating margin | 9900 | €88,524 | -€34,850 | -€123,374 | |
| Operating profit (loss) | 9901 | -€202,892 | -€427,035 | -€224,142 | -110% |
| Financial income | 75/76B | €100,104 | €100,100 | -€4 | 0.0% |
| Recurring financial income | 75 | €100,104 | €100,100 | -€4 | 0.0% |
| Financial charges | 65/66B | €1,869 | €1,778 | -€91 | -4.9% |
| Recurring financial charges | 65 | €1,869 | €1,778 | -€91 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€104,657 | -€328,712 | -€224,055 | -214% |
| Income taxes | 67/77 | €179 | €772 | +€593 | +331% |
| Profit (loss) for the period | 9904 | -€104,836 | -€329,484 | -€224,648 | -214% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,836 | -€329,484 | -€224,648 | -214% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.