Wollaert O.: 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.
Wollaert O.
Largest movements
- Receivables within one year +€37,432
up €37,432 (+78.3%), from €47,785 to €85,218
of which Trade receivables: +€37,068
- Cash -€17,238
down €17,238 (-49.6%), from €34,724 to €17,486
mainly Receivables within one year (-€37,432) and Trade debts (-€239)
- Reserves +€13,000
up €13,000 (+24.1%), from €54,000 to €67,000
- Tax, wage and social debts +€3,736
up €3,736 (+100%), from €3,722 to €7,458
- Other debts +€2,791
up €2,791 (+10.7%), from €26,107 to €28,898
- Gross operating margin +€10,594
up €10,594 (+97.5%), from €10,862 to €21,455
- Taxes +€2,039
up €2,039 (+78.5%), from €2,597 to €4,636
- Financial charges +€1,577
up €1,577 (+885%), from €178 to €1,755
- Depreciation +€414
up €414 (+36,611%), from €1 to €415
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 | €85,594 | €105,374 | +€19,780 | +23.1% |
| Fixed assets | 21/28 | €3,073 | €2,658 | -€415 | -13.5% |
| Tangible fixed assets | 22/27 | €2,073 | €1,658 | -€415 | -20.0% |
| Furniture and vehicles | 24 | €2,073 | €1,658 | -€415 | -20.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €82,521 | €102,716 | +€20,194 | +24.5% |
| Amounts receivable within one year | 40/41 | €47,785 | €85,218 | +€37,432 | +78.3% |
| Trade receivables | 40 | €17,382 | €54,450 | +€37,068 | +213% |
| Other amounts receivable | 41 | €30,403 | €30,768 | +€364 | +1.2% |
| Cash at bank and in hand | 54/58 | €34,724 | €17,486 | -€17,238 | -49.6% |
| Deferred charges and accrued income | 490/1 | €12 | €12 | +€1 | +6.8% |
| Total equity and liabilities | 10/49 | €85,594 | €105,374 | +€19,780 | +23.1% |
| Equity | 10/15 | €55,076 | €68,567 | +€13,491 | +24.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €67,000 | +€13,000 | +24.1% |
| Distributable reserves | 133 | €54,000 | €67,000 | +€13,000 | +24.1% |
| Profit (loss) carried forward | 14 | €76 | €567 | +€491 | +650% |
| Amounts payable | 17/49 | €30,519 | €36,807 | +€6,288 | +20.6% |
| Amounts payable within one year | 42/48 | €30,519 | €36,807 | +€6,288 | +20.6% |
| Trade debts | 44 | €690 | €451 | -€239 | -34.7% |
| Suppliers | 440/4 | €690 | €451 | -€239 | -34.7% |
| Taxes, remuneration and social security | 45 | €3,722 | €7,458 | +€3,736 | +100% |
| Taxes | 450/3 | €3,722 | €7,458 | +€3,736 | +100% |
| Other amounts payable | 47/48 | €26,107 | €28,898 | +€2,791 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €415 | +€414 | +36,611% |
| Other operating charges | 640/8 | €1,122 | €1,158 | +€36 | +3.2% |
| Gross operating margin | 9900 | €10,862 | €21,455 | +€10,594 | +97.5% |
| Operating profit (loss) | 9901 | €9,738 | €19,882 | +€10,144 | +104% |
| Financial charges | 65/66B | €178 | €1,755 | +€1,577 | +885% |
| Recurring financial charges | 65 | €178 | €1,755 | +€1,577 | +885% |
| Profit (loss) for the period before taxes | 9903 | €9,560 | €18,127 | +€8,567 | +89.6% |
| Income taxes | 67/77 | €2,597 | €4,636 | +€2,039 | +78.5% |
| Profit (loss) for the period | 9904 | €6,964 | €13,491 | +€6,528 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,964 | €13,491 | +€6,528 | +93.7% |
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 20 October 2026 via checked.be.