WOLU WAY: 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.
WOLU WAY
Largest movements
- Tangible fixed assets -€10,459
down €10,459 (-4.8%), from €217,843 to €207,384
of which Land and buildings: -€9,497
- Cash -€4,152
down €4,152 (-7.8%), from €52,937 to €48,786
mainly Debts after one year (-€20,447) and Tax, wage and social debts (-€512)
- Debts after one year -€20,447
down €20,447 (-28.1%), from €72,755 to €52,307
- Reserves +€3,900
up €3,900 (+4.5%), from €86,500 to €90,400
of which Distributable reserves: +€3,900
- Gross operating margin -€3,144
down €3,144 (-13.0%), from €24,281 to €21,136
- Financial charges +€2,067
up €2,067 (+48.4%), from €4,269 to €6,336
- Taxes -€480
down €480 (-55.2%), from €870 to €390
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 | €270,780 | €256,169 | -€14,610 | -5.4% |
| Fixed assets | 21/28 | €217,843 | €207,384 | -€10,459 | -4.8% |
| Tangible fixed assets | 22/27 | €217,843 | €207,384 | -€10,459 | -4.8% |
| Land and buildings | 22 | €213,184 | €203,687 | -€9,497 | -4.5% |
| Other tangible fixed assets | 26 | €4,659 | €3,697 | -€962 | -20.6% |
| Current assets | 29/58 | €52,937 | €48,786 | -€4,152 | -7.8% |
| Cash at bank and in hand | 54/58 | €52,937 | €48,786 | -€4,152 | -7.8% |
| Total equity and liabilities | 10/49 | €270,780 | €256,169 | -€14,610 | -5.4% |
| Equity | 10/15 | €175,841 | €179,940 | +€4,099 | +2.3% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €86,500 | €90,400 | +€3,900 | +4.5% |
| Non-distributable reserves | 130/1 | €2,800 | €2,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €83,700 | €87,600 | +€3,900 | +4.7% |
| Profit (loss) carried forward | 14 | €61,341 | €61,540 | +€199 | +0.3% |
| Amounts payable | 17/49 | €94,939 | €76,229 | -€18,710 | -19.7% |
| Amounts payable after more than one year | 17 | €72,755 | €52,307 | -€20,447 | -28.1% |
| Financial debts | 170/4 | €72,755 | €52,307 | -€20,447 | -28.1% |
| Amounts payable within one year | 42/48 | €20,179 | €21,917 | +€1,737 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €17,783 | €20,447 | +€2,665 | +15.0% |
| Trade debts | 44 | €872 | €363 | -€509 | -58.4% |
| Suppliers | 440/4 | €872 | €363 | -€509 | -58.4% |
| Taxes, remuneration and social security | 45 | €741 | €229 | -€512 | -69.0% |
| Taxes | 450/3 | €741 | €229 | -€512 | -69.0% |
| Other amounts payable | 47/48 | €783 | €877 | +€94 | +12.0% |
| Accrued charges and deferred income | 492/3 | €2,005 | €2,005 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,459 | €10,459 | +€0 | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €24,281 | €21,136 | -€3,144 | -13.0% |
| Operating profit (loss) | 9901 | €13,437 | €10,290 | -€3,147 | -23.4% |
| Financial income | 75/76B | €429 | €535 | +€106 | +24.8% |
| Recurring financial income | 75 | €429 | €535 | +€106 | +24.8% |
| Financial charges | 65/66B | €4,269 | €6,336 | +€2,067 | +48.4% |
| Recurring financial charges | 65 | €4,269 | €6,336 | +€2,067 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €9,597 | €4,489 | -€5,108 | -53.2% |
| Income taxes | 67/77 | €870 | €390 | -€480 | -55.2% |
| Profit (loss) for the period | 9904 | €8,727 | €4,099 | -€4,628 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,727 | €4,099 | -€4,628 | -53.0% |
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 23 October 2026 via checked.be.