Wolker: 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.
Wolker
Largest movements
- Receivables within one year -€4,984
down €4,984 (-42.0%), from €11,866 to €6,883
of which Trade receivables: -€4,984
- Tangible fixed assets -€3,254
down €3,254 (-18.7%), from €17,434 to €14,181
- Cash -€1,615
down €1,615 (-2.2%), from €73,494 to €71,879
mainly Net result for the year (-€25,039) and Other debts (-€7,002)
- Reserves -€25,039
down €25,039 (-35.9%), from €69,744 to €44,705
- Trade debts +€13,769
up €13,769 (+660.8%), from €2,084 to €15,853
- Tax, wage and social debts +€8,594
up €8,594 (+41.5%), from €20,714 to €29,308
of which Taxes: +€6,940
- Other debts -€7,002
down €7,002 (-77.5%), from €9,039 to €2,036
- Gross operating margin -€110,872
down €110,872, from €92,429 to -€18,443
- Taxes -€18,179
down €18,179 (-99.3%), from €18,308 to €129
- Financial charges +€1,161
up €1,161 (+176.2%), from €659 to €1,820
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.
Cash bridge derived
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 | €103,581 | €94,033 | -€9,548 | -9.2% |
| Fixed assets | 21/28 | €17,434 | €14,181 | -€3,254 | -18.7% |
| Tangible fixed assets | 22/27 | €17,434 | €14,181 | -€3,254 | -18.7% |
| Land and buildings | 22 | €7,021 | €6,273 | -€748 | -10.7% |
| Plant, machinery and equipment | 23 | €3,068 | €2,159 | -€908 | -29.6% |
| Furniture and vehicles | 24 | €7,346 | €5,748 | -€1,598 | -21.7% |
| Current assets | 29/58 | €86,146 | €79,852 | -€6,294 | -7.3% |
| Amounts receivable within one year | 40/41 | €11,866 | €6,883 | -€4,984 | -42.0% |
| Trade receivables | 40 | €11,677 | €6,693 | -€4,984 | -42.7% |
| Other amounts receivable | 41 | €190 | €190 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,494 | €71,879 | -€1,615 | -2.2% |
| Deferred charges and accrued income | 490/1 | €786 | €1,090 | +€304 | +38.7% |
| Total equity and liabilities | 10/49 | €103,581 | €94,033 | -€9,548 | -9.2% |
| Equity | 10/15 | €71,744 | €46,705 | -€25,039 | -34.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €69,744 | €44,705 | -€25,039 | -35.9% |
| Distributable reserves | 133 | €69,744 | €44,705 | -€25,039 | -35.9% |
| Amounts payable | 17/49 | €31,836 | €47,328 | +€15,491 | +48.7% |
| Amounts payable within one year | 42/48 | €31,836 | €47,197 | +€15,361 | +48.2% |
| Trade debts | 44 | €2,084 | €15,853 | +€13,769 | +660.8% |
| Suppliers | 440/4 | €2,084 | €15,853 | +€13,769 | +660.8% |
| Taxes, remuneration and social security | 45 | €20,714 | €29,308 | +€8,594 | +41.5% |
| Taxes | 450/3 | €20,714 | €27,653 | +€6,940 | +33.5% |
| Remuneration and social security | 454/9 | - | €1,654 | +€1,654 | |
| Other amounts payable | 47/48 | €9,039 | €2,036 | -€7,002 | -77.5% |
| Accrued charges and deferred income | 492/3 | - | €131 | +€131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,181 | €3,254 | +€73 | +2.3% |
| Other operating charges | 640/8 | €980 | €1,399 | +€419 | +42.7% |
| Gross operating margin | 9900 | €92,429 | -€18,443 | -€110,872 | |
| Operating profit (loss) | 9901 | €88,268 | -€23,095 | -€111,363 | |
| Financial income | 75/76B | €444 | €5 | -€438 | -98.8% |
| Recurring financial income | 75 | €444 | €5 | -€438 | -98.8% |
| Financial charges | 65/66B | €659 | €1,820 | +€1,161 | +176.2% |
| Recurring financial charges | 65 | €659 | €1,820 | +€1,161 | +176.2% |
| Profit (loss) for the period before taxes | 9903 | €88,053 | -€24,910 | -€112,963 | |
| Income taxes | 67/77 | €18,308 | €129 | -€18,179 | -99.3% |
| Profit (loss) for the period | 9904 | €69,744 | -€25,039 | -€94,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,744 | -€25,039 | -€94,784 |
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 9 October 2026 via checked.be.