WOLTEMADE: 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.
WOLTEMADE
Largest movements
- Receivables within one year +€56,538
up €56,538 (+103.0%), from €54,909 to €111,446
- Deferred charges and accrued income -€45,000
no longer reported in 2025 (was €45,000)
- Tangible fixed assets -€31,032
down €31,032 (-5.3%), from €588,275 to €557,243
of which Land and buildings: -€25,032
- Debts after one year -€51,676
down €51,676 (-10.5%), from €494,322 to €442,647
- Tax, wage and social debts +€13,299
up €13,299 (+418.1%), from €3,181 to €16,480
- Other debts +€10,880
up €10,880 (+30.5%), from €35,710 to €46,590
- Gross operating margin -€9,699
down €9,699 (-16.9%), from €57,485 to €47,786
- Other operating charges -€4,905
no longer reported in 2025 (was €4,905)
- Taxes -€1,153
down €1,153 (-59.2%), from €1,948 to €795
- Depreciation -€1,080
down €1,080 (-3.4%), from €32,112 to €31,032
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €688,184 | €668,690 | -€19,494 | -2.8% |
| Fixed assets | 21/28 | €588,275 | €557,243 | -€31,032 | -5.3% |
| Tangible fixed assets | 22/27 | €588,275 | €557,243 | -€31,032 | -5.3% |
| Land and buildings | 22 | €576,062 | €551,030 | -€25,032 | -4.3% |
| Other tangible fixed assets | 26 | €12,213 | €6,213 | -€6,000 | -49.1% |
| Current assets | 29/58 | €99,909 | €111,446 | +€11,538 | +11.5% |
| Amounts receivable within one year | 40/41 | €54,909 | €111,446 | +€56,538 | +103.0% |
| Other amounts receivable | 41 | €54,909 | €111,446 | +€56,538 | +103.0% |
| Deferred charges and accrued income | 490/1 | €45,000 | - | -€45,000 | |
| Total equity and liabilities | 10/49 | €688,184 | €668,690 | -€19,494 | -2.8% |
| Equity | 10/15 | €88,287 | €91,141 | +€2,853 | +3.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €12,781 | €15,635 | +€2,853 | +22.3% |
| Distributable reserves | 133 | €12,781 | €15,635 | +€2,853 | +22.3% |
| Profit (loss) carried forward | 14 | €25,506 | €25,506 | = | 0.0% |
| Amounts payable | 17/49 | €599,897 | €577,549 | -€22,348 | -3.7% |
| Amounts payable after more than one year | 17 | €494,322 | €442,647 | -€51,676 | -10.5% |
| Financial debts | 170/4 | €494,322 | €442,647 | -€51,676 | -10.5% |
| Amounts payable within one year | 42/48 | €105,575 | €134,903 | +€29,328 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €51,558 | €53,570 | +€2,012 | +3.9% |
| Financial debts | 43 | €11,764 | €11,892 | +€129 | +1.1% |
| Credit institutions | 430/8 | €11,764 | €11,892 | +€129 | +1.1% |
| Trade debts | 44 | €3,361 | €6,370 | +€3,009 | +89.5% |
| Suppliers | 440/4 | €3,361 | €6,370 | +€3,009 | +89.5% |
| Taxes, remuneration and social security | 45 | €3,181 | €16,480 | +€13,299 | +418.1% |
| Taxes | 450/3 | €3,181 | €16,480 | +€13,299 | +418.1% |
| Other amounts payable | 47/48 | €35,710 | €46,590 | +€10,880 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,112 | €31,032 | -€1,080 | -3.4% |
| Other operating charges | 640/8 | €4,905 | - | -€4,905 | |
| Gross operating margin | 9900 | €57,485 | €47,786 | -€9,699 | -16.9% |
| Operating profit (loss) | 9901 | €20,468 | €16,754 | -€3,714 | -18.1% |
| Financial charges | 65/66B | €13,631 | €13,105 | -€526 | -3.9% |
| Recurring financial charges | 65 | €13,631 | €13,105 | -€526 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €6,837 | €3,649 | -€3,188 | -46.6% |
| Income taxes | 67/77 | €1,948 | €795 | -€1,153 | -59.2% |
| Profit (loss) for the period | 9904 | €4,888 | €2,853 | -€2,035 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,888 | €2,853 | -€2,035 | -41.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.