WOLFUND: 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.
WOLFUND
Largest movements
- Current investments +€117,660
up €117,660 (+43.6%), from €269,993 to €387,653
- Receivables within one year -€95,390
down €95,390 (-83.2%), from €114,645 to €19,255
- Contributions -€134,000
down €134,000 (-17.8%), from €752,000 to €618,000
- Reserves +€134,000
new in 2025: €134,000
- Other debts +€37,171
new in 2025: €37,171
- Financial income +€12,772
up €12,772 (+97.0%), from €13,167 to €25,939
- Gross operating margin -€1,920
down €1,920 (-6.0%), from -€31,949 to -€33,868
- Other operating charges -€929
down €929 (-45.2%), from €2,055 to €1,126
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 | €1,136,825 | €1,159,023 | +€22,198 | +2.0% |
| Fixed assets | 21/28 | €752,000 | €752,000 | = | 0.0% |
| Financial fixed assets | 28 | €752,000 | €752,000 | = | 0.0% |
| Current assets | 29/58 | €384,825 | €407,023 | +€22,198 | +5.8% |
| Amounts receivable within one year | 40/41 | €114,645 | €19,255 | -€95,390 | -83.2% |
| Other amounts receivable | 41 | €114,645 | €19,255 | -€95,390 | -83.2% |
| Current investments | 50/53 | €269,993 | €387,653 | +€117,660 | +43.6% |
| Cash at bank and in hand | 54/58 | €186 | €115 | -€71 | -38.4% |
| Total equity and liabilities | 10/49 | €1,136,825 | €1,159,023 | +€22,198 | +2.0% |
| Equity | 10/15 | €671,705 | €662,443 | -€9,262 | -1.4% |
| Contributions | 10/11 | €752,000 | €618,000 | -€134,000 | -17.8% |
| Contributions outside capital | 11 | €752,000 | - | -€752,000 | |
| Share premium | 1100/10 | €752,000 | - | -€752,000 | |
| Reserves | 13 | - | €134,000 | +€134,000 | |
| Non-distributable reserves | 130/1 | - | €134,000 | +€134,000 | |
| Own shares acquired | 1312 | - | €134,000 | +€134,000 | |
| Profit (loss) carried forward | 14 | -€80,295 | -€89,557 | -€9,262 | -11.5% |
| Amounts payable | 17/49 | €465,120 | €496,581 | +€31,461 | +6.8% |
| Amounts payable after more than one year | 17 | €465,120 | €459,410 | -€5,710 | -1.2% |
| Financial debts | 170/4 | €465,120 | €459,410 | -€5,710 | -1.2% |
| Amounts payable within one year | 42/48 | - | €37,171 | +€37,171 | |
| Other amounts payable | 47/48 | - | €37,171 | +€37,171 | |
| Other operating charges | 640/8 | €2,055 | €1,126 | -€929 | -45.2% |
| Gross operating margin | 9900 | -€31,949 | -€33,868 | -€1,920 | -6.0% |
| Operating profit (loss) | 9901 | -€34,004 | -€34,994 | -€990 | -2.9% |
| Financial income | 75/76B | €13,167 | €25,939 | +€12,772 | +97.0% |
| Recurring financial income | 75 | €13,167 | €25,939 | +€12,772 | +97.0% |
| Financial charges | 65/66B | €74 | €76 | +€2 | +2.8% |
| Recurring financial charges | 65 | €74 | €76 | +€2 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,910 | -€9,131 | +€11,779 | +56.3% |
| Income taxes | 67/77 | €120 | €132 | +€12 | +10.0% |
| Profit (loss) for the period | 9904 | -€21,030 | -€9,262 | +€11,767 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,030 | -€9,262 | +€11,767 | +56.0% |
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 25 October 2026 via checked.be.