WOLLAERT: 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.
WOLLAERT
Largest movements
- Tangible fixed assets -€30,234
down €30,234 (-15.3%), from €198,145 to €167,911
of which Furniture and vehicles: -€20,695
- Receivables within one year +€12,184
up €12,184 (+160.0%), from €7,616 to €19,800
of which Trade receivables: +€19,148
- Financial fixed assets -€4,710
down €4,710 (-99.2%), from €4,750 to €40
- Cash +€2,437
up €2,437 (+102.3%), from €2,382 to €4,820
mainly Depreciation (+€30,277) and Net result for the year (+€12,525)
- Debts after one year -€30,171
down €30,171 (-18.5%), from €162,842 to €132,671
of which Financial debts: -€26,104
- Other debts -€14,306
down €14,306 (-55.6%), from €25,738 to €11,432
- Profit (loss) carried forward +€9,555
up €9,555, from -€9,555 to €0
- Tax, wage and social debts +€8,216
up €8,216 (+85.1%), from €9,657 to €17,873
of which Taxes: +€6,236
- Reserves +€2,970
up €2,970 (+72.3%), from €4,107 to €7,077
- Other operating charges -€28,119
down €28,119 (-93.7%), from €30,022 to €1,903
- Gross operating margin -€22,284
down €22,284 (-27.2%), from €82,038 to €59,755
- Taxes +€2,684
up €2,684 (+51.5%), from €5,206 to €7,890
- Financial charges -€1,351
down €1,351 (-15.8%), from €8,542 to €7,192
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 | €224,649 | €203,825 | -€20,824 | -9.3% |
| Fixed assets | 21/28 | €202,938 | €167,951 | -€34,987 | -17.2% |
| Intangible fixed assets | 21 | €43 | €0 | -€43 | -100.0% |
| Tangible fixed assets | 22/27 | €198,145 | €167,911 | -€30,234 | -15.3% |
| Land and buildings | 22 | €152,777 | €147,626 | -€5,151 | -3.4% |
| Plant, machinery and equipment | 23 | €19,155 | €14,768 | -€4,387 | -22.9% |
| Furniture and vehicles | 24 | €26,213 | €5,517 | -€20,695 | -79.0% |
| Financial fixed assets | 28 | €4,750 | €40 | -€4,710 | -99.2% |
| Current assets | 29/58 | €21,711 | €35,874 | +€14,163 | +65.2% |
| Amounts receivable within one year | 40/41 | €7,616 | €19,800 | +€12,184 | +160.0% |
| Trade receivables | 40 | €139 | €19,287 | +€19,148 | +13766.7% |
| Other amounts receivable | 41 | €7,477 | €513 | -€6,964 | -93.1% |
| Cash at bank and in hand | 54/58 | €2,382 | €4,820 | +€2,437 | +102.3% |
| Deferred charges and accrued income | 490/1 | €11,712 | €11,254 | -€458 | -3.9% |
| Total equity and liabilities | 10/49 | €224,649 | €203,825 | -€20,824 | -9.3% |
| Equity | 10/15 | -€448 | €12,077 | +€12,525 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,107 | €7,077 | +€2,970 | +72.3% |
| Distributable reserves | 133 | €4,107 | €7,077 | +€2,970 | +72.3% |
| Profit (loss) carried forward | 14 | -€9,555 | €0 | +€9,555 | |
| Amounts payable | 17/49 | €225,097 | €191,748 | -€33,348 | -14.8% |
| Amounts payable after more than one year | 17 | €162,842 | €132,671 | -€30,171 | -18.5% |
| Financial debts | 170/4 | €154,251 | €128,146 | -€26,104 | -16.9% |
| Other amounts payable | 178/9 | €8,591 | €4,525 | -€4,066 | -47.3% |
| Amounts payable within one year | 42/48 | €62,255 | €58,587 | -€3,668 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €26,858 | €27,448 | +€591 | +2.2% |
| Trade debts | 44 | €2 | €1,833 | +€1,831 | +83235.5% |
| Suppliers | 440/4 | €2 | €1,833 | +€1,831 | +83235.5% |
| Taxes, remuneration and social security | 45 | €9,657 | €17,873 | +€8,216 | +85.1% |
| Taxes | 450/3 | €7,677 | €13,913 | +€6,236 | +81.2% |
| Remuneration and social security | 454/9 | €1,980 | €3,960 | +€1,980 | +100.0% |
| Other amounts payable | 47/48 | €25,738 | €11,432 | -€14,306 | -55.6% |
| Accrued charges and deferred income | 492/3 | - | €490 | +€490 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3 | €0 | -€3 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,046 | €30,277 | -€769 | -2.5% |
| Other operating charges | 640/8 | €30,022 | €1,903 | -€28,119 | -93.7% |
| Gross operating margin | 9900 | €82,038 | €59,755 | -€22,284 | -27.2% |
| Operating profit (loss) | 9901 | €20,967 | €27,574 | +€6,607 | +31.5% |
| Financial income | 75/76B | €1 | €32 | +€31 | +4051.9% |
| Recurring financial income | 75 | €1 | €32 | +€31 | +4051.9% |
| Financial charges | 65/66B | €8,542 | €7,192 | -€1,351 | -15.8% |
| Recurring financial charges | 65 | €8,542 | €7,192 | -€1,351 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €12,426 | €20,415 | +€7,989 | +64.3% |
| Income taxes | 67/77 | €5,206 | €7,890 | +€2,684 | +51.5% |
| Profit (loss) for the period | 9904 | €7,220 | €12,525 | +€5,305 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,220 | €12,525 | +€5,305 | +73.5% |
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 8 October 2026 via checked.be.