Woluelec: 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.
Woluelec
Largest movements
- Cash +€41,050
up €41,050 (+9.3%), from €443,748 to €484,798
mainly Net result for the year (+€60,933) and Depreciation (+€17,903)
- Tangible fixed assets -€17,903
down €17,903 (-24.6%), from €72,641 to €54,738
of which Furniture and vehicles: -€17,538
- Receivables within one year +€15,342
up €15,342 (+38.2%), from €40,193 to €55,535
of which Trade receivables: +€18,552
- Other debts +€12,605
up €12,605 (+31.5%), from €40,000 to €52,605
- Reserves +€10,000
up €10,000 (+3.8%), from €265,413 to €275,413
- Gross operating margin -€23,865
down €23,865 (-8.3%), from €286,574 to €262,708
- Turnover -€15,752
down €15,752 (-3.7%), from €425,969 to €410,217
- Taxes -€10,579
down €10,579 (-26.0%), from €40,677 to €30,098
- Staff costs +€7,298
up €7,298 (+4.7%), from €155,164 to €162,462
- Depreciation +€5,346
up €5,346 (+42.6%), from €12,557 to €17,903
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 | €868,031 | €902,785 | +€34,753 | +4.0% |
| Fixed assets | 21/28 | €72,641 | €54,738 | -€17,903 | -24.6% |
| Tangible fixed assets | 22/27 | €72,641 | €54,738 | -€17,903 | -24.6% |
| Plant, machinery and equipment | 23 | €588 | €224 | -€364 | -62.0% |
| Furniture and vehicles | 24 | €72,053 | €54,514 | -€17,538 | -24.3% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €795,391 | €848,047 | +€52,656 | +6.6% |
| Stocks and contracts in progress | 3 | €700 | €760 | +€60 | +8.6% |
| Stocks | 30/36 | €700 | €760 | +€60 | +8.6% |
| Amounts receivable within one year | 40/41 | €40,193 | €55,535 | +€15,342 | +38.2% |
| Trade receivables | 40 | €15,354 | €33,906 | +€18,552 | +121% |
| Other amounts receivable | 41 | €24,839 | €21,629 | -€3,210 | -12.9% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €443,748 | €484,798 | +€41,050 | +9.3% |
| Deferred charges and accrued income | 490/1 | €10,749 | €6,953 | -€3,796 | -35.3% |
| Total equity and liabilities | 10/49 | €868,031 | €902,785 | +€34,753 | +4.0% |
| Equity | 10/15 | €775,338 | €786,271 | +€10,933 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €265,413 | €275,413 | +€10,000 | +3.8% |
| Distributable reserves | 133 | €265,413 | €275,413 | +€10,000 | +3.8% |
| Profit (loss) carried forward | 14 | €491,333 | €492,266 | +€933 | +0.2% |
| Amounts payable | 17/49 | €92,693 | €116,513 | +€23,820 | +25.7% |
| Amounts payable within one year | 42/48 | €91,419 | €116,195 | +€24,776 | +27.1% |
| Trade debts | 44 | €36,045 | €42,138 | +€6,093 | +16.9% |
| Suppliers | 440/4 | €36,045 | €42,138 | +€6,093 | +16.9% |
| Taxes, remuneration and social security | 45 | €15,373 | €21,452 | +€6,078 | +39.5% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €15,373 | €21,452 | +€6,078 | +39.5% |
| Other amounts payable | 47/48 | €40,000 | €52,605 | +€12,605 | +31.5% |
| Accrued charges and deferred income | 492/3 | €1,275 | €318 | -€956 | -75.0% |
| Turnover | 70 | €425,969 | €410,217 | -€15,752 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €155,372 | €155,447 | +€75 | 0.0% |
| Remuneration, social security and pensions | 62 | €155,164 | €162,462 | +€7,298 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,557 | €17,903 | +€5,346 | +42.6% |
| Other operating charges | 640/8 | €874 | €714 | -€160 | -18.3% |
| Gross operating margin | 9900 | €286,574 | €262,708 | -€23,865 | -8.3% |
| Operating profit (loss) | 9901 | €117,979 | €81,629 | -€36,350 | -30.8% |
| Financial income | 75/76B | €12,233 | €9,931 | -€2,302 | -18.8% |
| Recurring financial income | 75 | €12,233 | €9,931 | -€2,302 | -18.8% |
| Financial charges | 65/66B | €833 | €530 | -€303 | -36.4% |
| Recurring financial charges | 65 | €833 | €530 | -€303 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €129,379 | €91,031 | -€38,348 | -29.6% |
| Income taxes | 67/77 | €40,677 | €30,098 | -€10,579 | -26.0% |
| Profit (loss) for the period | 9904 | €88,702 | €60,933 | -€27,769 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,702 | €60,933 | -€27,769 | -31.3% |
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 27 October 2026 via checked.be.