WOLFMAN: 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.
WOLFMAN
Largest movements
- Receivables within one year +€36,536
up €36,536 (+11.9%), from €308,002 to €344,537
of which Trade receivables: +€30,250
- Cash -€23,754
down €23,754 (-10.6%), from €225,067 to €201,314
mainly Contributions, distributions and other (-€507,331) and Receivables within one year (-€36,536)
- Other debts +€431,231
new in 2025: €431,231
- Reserves -€408,511
down €408,511 (-80.5%), from €507,331 to €98,820
No income-statement line moved by more than 1% of the activity.
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 | €2,095,662 | €2,118,439 | +€22,777 | +1.1% |
| Fixed assets | 21/28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €595,662 | €618,439 | +€22,777 | +3.8% |
| Amounts receivable within one year | 40/41 | €308,002 | €344,537 | +€36,536 | +11.9% |
| Trade receivables | 40 | - | €30,250 | +€30,250 | |
| Other amounts receivable | 41 | €308,002 | €314,287 | +€6,286 | +2.0% |
| Current investments | 50/53 | €62,593 | €72,274 | +€9,681 | +15.5% |
| Cash at bank and in hand | 54/58 | €225,067 | €201,314 | -€23,754 | -10.6% |
| Deferred charges and accrued income | 490/1 | - | €314 | +€314 | |
| Total equity and liabilities | 10/49 | €2,095,662 | €2,118,439 | +€22,777 | +1.1% |
| Equity | 10/15 | €1,057,331 | €648,820 | -€408,511 | -38.6% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Reserves | 13 | €507,331 | €98,820 | -€408,511 | -80.5% |
| Distributable reserves | 133 | €507,331 | €98,820 | -€408,511 | -80.5% |
| Amounts payable | 17/49 | €1,038,331 | €1,469,619 | +€431,288 | +41.5% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,331 | €439,619 | +€431,288 | +5,177% |
| Trade debts | 44 | - | €136 | +€136 | |
| Suppliers | 440/4 | - | €136 | +€136 | |
| Taxes, remuneration and social security | 45 | €8,331 | €8,252 | -€79 | -1.0% |
| Taxes | 450/3 | €8,331 | €8,252 | -€79 | -1.0% |
| Other amounts payable | 47/48 | - | €431,231 | +€431,231 | |
| Accrued charges and deferred income | 492/3 | €30,000 | €30,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,186 | €1,118 | -€67 | -5.7% |
| Gross operating margin | 9900 | €126,840 | €126,568 | -€272 | -0.2% |
| Operating profit (loss) | 9901 | €125,655 | €125,450 | -€205 | -0.2% |
| Financial income | 75/76B | €5,870 | €6,356 | +€486 | +8.3% |
| Recurring financial income | 75 | €5,870 | €6,356 | +€486 | +8.3% |
| Financial charges | 65/66B | €47 | €46 | -€0 | -1.0% |
| Recurring financial charges | 65 | €47 | €46 | -€0 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €131,478 | €131,760 | +€282 | +0.2% |
| Income taxes | 67/77 | €32,869 | €32,940 | +€71 | +0.2% |
| Profit (loss) for the period | 9904 | €98,608 | €98,820 | +€212 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €98,608 | €98,820 | +€212 | +0.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.