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WOLFIMO: 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

WOLFIMO

BE 0442.527.955
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,491
2024 · -€2,483+€17,973
Equity
€171,394
2024 · €155,903+€15,491
Cash
€8,011
2024 · €9,974-€1,963
Balance sheet total
€353,050
2024 · €347,279+€5,771

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€9,531

    up €9,531 (+35.0%), from €27,256 to €36,787

    of which Other amounts receivable: +€9,362

  • Deferred charges and accrued income -€4,206

    down €4,206 (-9.4%), from €44,711 to €40,505

Equity and liabilities
  • Debts after one year -€17,794

    down €17,794 (-12.7%), from €140,640 to €122,846

  • Reserves +€15,491

    up €15,491 (+18.6%), from €83,101 to €98,592

    of which Distributable reserves: +€15,491

  • Trade debts +€13,825

    up €13,825 (+162.2%), from €8,523 to €22,348

  • Other debts -€11,437

    down €11,437 (-100.0%), from €11,437 to €0

  • Tax, wage and social debts +€6,457

    new in 2025: €6,457

Income statement
  • Gross operating margin +€23,772

    up €23,772 (+60.4%), from €39,336 to €63,108

  • Taxes +€6,457

    new in 2025: €6,457

  • Financial charges -€1,001

    down €1,001 (-13.4%), from €7,488 to €6,487

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 -€2,483
Gross operating margin +€23,772
Depreciation -€323
Other operating charges -€323
Financial income +€303
Financial charges +€1,001
Taxes -€6,457
Result 2025 €15,491

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 +€42,988
Investment -€27,843
Financing -€17,108
Cash 2024 €9,974
Net result for the year +€15,491
Depreciation +€25,435
Receivables within one year -€9,531
Deferred charges and accrued income +€4,206
Trade debts +€13,825
Tax, wage and social debts +€6,457
Other debts -€11,437
Accrued charges and deferred income -€1,456
Investment in fixed assets (net) -€27,843
Debts after one year -€17,794
Current portion of long-term debt +€686
Cash 2025 €8,011
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €347,279 €353,050 +€5,771 +1.7%
Fixed assets 21/28 €265,338 €267,747 +€2,409 +0.9%
Tangible fixed assets 22/27 €265,338 €267,747 +€2,409 +0.9%
Land and buildings 22 €146,363 €146,363 = 0.0%
Plant, machinery and equipment 23 €118,079 €120,225 +€2,146 +1.8%
Furniture and vehicles 24 €897 €1,159 +€263 +29.3%
Current assets 29/58 €81,941 €85,303 +€3,362 +4.1%
Amounts receivable within one year 40/41 €27,256 €36,787 +€9,531 +35.0%
Trade receivables 40 €4,021 €4,190 +€169 +4.2%
Other amounts receivable 41 €23,236 €32,597 +€9,362 +40.3%
Cash at bank and in hand 54/58 €9,974 €8,011 -€1,963 -19.7%
Deferred charges and accrued income 490/1 €44,711 €40,505 -€4,206 -9.4%
Total equity and liabilities 10/49 €347,279 €353,050 +€5,771 +1.7%
Equity 10/15 €155,903 €171,394 +€15,491 +9.9%
Contributions 10/11 €62,070 €62,070 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Outside capital 11 €70 €70 = 0.0%
Share premium 1100/10 €70 €70 = 0.0%
Reserves 13 €83,101 €98,592 +€15,491 +18.6%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Tax-exempt reserves 132 €64,987 €64,987 = 0.0%
Distributable reserves 133 €11,914 €27,405 +€15,491 +130.0%
Profit (loss) carried forward 14 €10,733 €10,733 = 0.0%
Amounts payable 17/49 €191,376 €181,656 -€9,720 -5.1%
Amounts payable after more than one year 17 €140,640 €122,846 -€17,794 -12.7%
Financial debts 170/4 €140,640 €122,846 -€17,794 -12.7%
Amounts payable within one year 42/48 €39,003 €48,534 +€9,530 +24.4%
Current portion of amounts payable after more than one year 42 €19,043 €19,729 +€686 +3.6%
Trade debts 44 €8,523 €22,348 +€13,825 +162.2%
Suppliers 440/4 €8,523 €22,348 +€13,825 +162.2%
Taxes, remuneration and social security 45 - €6,457 +€6,457
Taxes 450/3 - €6,457 +€6,457
Other amounts payable 47/48 €11,437 €0 -€11,437 -100.0%
Accrued charges and deferred income 492/3 €11,733 €10,277 -€1,456 -12.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €25,112 €25,435 +€323 +1.3%
Other operating charges 640/8 €10,278 €10,600 +€323 +3.1%
Gross operating margin 9900 €39,336 €63,108 +€23,772 +60.4%
Operating profit (loss) 9901 €3,946 €27,073 +€23,126 +586.0%
Financial income 75/76B €1,059 €1,362 +€303 +28.6%
Recurring financial income 75 €1,059 €1,362 +€303 +28.6%
Financial charges 65/66B €7,488 €6,487 -€1,001 -13.4%
Recurring financial charges 65 €7,488 €6,487 -€1,001 -13.4%
Profit (loss) for the period before taxes 9903 -€2,483 €21,948 +€24,430
Income taxes 67/77 - €6,457 +€6,457
Profit (loss) for the period 9904 -€2,483 €15,491 +€17,973
Profit (loss) for the period to be appropriated 9905 -€2,483 €15,491 +€17,973

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 30 September 2026 via checked.be.