WOLLMATH GROUP: 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.
WOLLMATH GROUP
Largest movements
- Receivables within one year +€6,653
up €6,653 (+21.2%), from €31,447 to €38,100
of which Trade receivables: +€7,294
- Stocks and contracts -€5,300
no longer reported in 2023 (was €5,300)
- Cash -€5,085
down €5,085 (-82.2%), from €6,183 to €1,098
mainly Net result for the year (-€8,838) and Receivables within one year (-€6,653)
- Tangible fixed assets -€3,442
down €3,442 (-32.1%), from €10,709 to €7,267
of which Plant, machinery and equipment: -€2,409
- Profit (loss) carried forward -€8,838
down €8,838 (-145.1%), from -€6,092 to -€14,930
- Other debts +€2,441
up €2,441 (+4.6%), from €53,602 to €56,043
- Tax, wage and social debts +€2,092
up €2,092 (+5654.1%), from €37 to €2,129
- Debts after one year -€1,914
no longer reported in 2023 (was €1,914)
- Current portion of long-term debt -€955
down €955 (-33.3%), from €2,869 to €1,914
- Gross operating margin -€1,904
down €1,904 (-65.4%), from -€2,912 to -€4,816
- Other operating charges -€526
down €526 (-50.6%), from €1,039 to €513
- Depreciation +€372
up €372 (+12.1%), from €3,070 to €3,442
- Financial charges -€58
down €58 (-46.4%), from €125 to €67
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,639 | €46,465 | -€7,174 | -13.4% |
| Fixed assets | 21/28 | €10,709 | €7,267 | -€3,442 | -32.1% |
| Tangible fixed assets | 22/27 | €10,709 | €7,267 | -€3,442 | -32.1% |
| Plant, machinery and equipment | 23 | €8,019 | €5,610 | -€2,409 | -30.0% |
| Furniture and vehicles | 24 | €2,690 | €1,657 | -€1,033 | -38.4% |
| Current assets | 29/58 | €42,930 | €39,198 | -€3,732 | -8.7% |
| Stocks and contracts in progress | 3 | €5,300 | - | -€5,300 | |
| Stocks | 30/36 | €5,300 | - | -€5,300 | |
| Amounts receivable within one year | 40/41 | €31,447 | €38,100 | +€6,653 | +21.2% |
| Trade receivables | 40 | €30,806 | €38,100 | +€7,294 | +23.7% |
| Other amounts receivable | 41 | €641 | - | -€641 | |
| Cash at bank and in hand | 54/58 | €6,183 | €1,098 | -€5,085 | -82.2% |
| Total equity and liabilities | 10/49 | €53,639 | €46,465 | -€7,174 | -13.4% |
| Equity | 10/15 | -€4,783 | -€13,621 | -€8,838 | -184.8% |
| Contributions | 10/11 | €1,190 | €1,190 | = | 0.0% |
| Capital | 10 | €1,190 | €1,190 | = | 0.0% |
| Issued capital | 100 | €1,190 | €1,190 | = | 0.0% |
| Reserves | 13 | €119 | €119 | = | 0.0% |
| Non-distributable reserves | 130/1 | €119 | €119 | = | 0.0% |
| Legal reserve | 130 | €119 | €119 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,092 | -€14,930 | -€8,838 | -145.1% |
| Amounts payable | 17/49 | €58,422 | €60,086 | +€1,664 | +2.8% |
| Amounts payable after more than one year | 17 | €1,914 | - | -€1,914 | |
| Financial debts | 170/4 | €1,914 | - | -€1,914 | |
| Amounts payable within one year | 42/48 | €56,508 | €60,086 | +€3,578 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €2,869 | €1,914 | -€955 | -33.3% |
| Taxes, remuneration and social security | 45 | €37 | €2,129 | +€2,092 | +5654.1% |
| Taxes | 450/3 | €37 | €2,129 | +€2,092 | +5654.1% |
| Other amounts payable | 47/48 | €53,602 | €56,043 | +€2,441 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,070 | €3,442 | +€372 | +12.1% |
| Other operating charges | 640/8 | €1,039 | €513 | -€526 | -50.6% |
| Gross operating margin | 9900 | -€2,912 | -€4,816 | -€1,904 | -65.4% |
| Operating profit (loss) | 9901 | -€7,021 | -€8,771 | -€1,750 | -24.9% |
| Financial charges | 65/66B | €125 | €67 | -€58 | -46.4% |
| Recurring financial charges | 65 | €125 | €67 | -€58 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,146 | -€8,838 | -€1,692 | -23.7% |
| Profit (loss) for the period | 9904 | -€7,146 | -€8,838 | -€1,692 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,146 | -€8,838 | -€1,692 | -23.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.