WOLUMARKET: 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.
WOLUMARKET
Largest movements
- Receivables within one year +€75,997
up €75,997 (+37.5%), from €202,894 to €278,891
of which Other amounts receivable: +€80,804
- Stocks and contracts +€26,276
up €26,276 (+20.7%), from €127,228 to €153,504
- Tangible fixed assets +€24,211
up €24,211 (+5.8%), from €417,141 to €441,351
of which Plant, machinery and equipment: +€53,422
- Profit (loss) carried forward +€72,459
up €72,459 (+70.7%), from -€102,558 to -€30,099
- Investment grants +€51,747
new in 2025: €51,747
- Trade debts -€14,781
down €14,781 (-4.1%), from €361,091 to €346,310
- Debts after one year +€13,079
up €13,079 (+5.8%), from €226,659 to €239,738
- Gross operating margin +€74,136
up €74,136 (+14.4%), from €513,624 to €587,760
- Staff costs +€40,293
up €40,293 (+11.1%), from €362,228 to €402,521
- Depreciation +€33,371
up €33,371 (+91.4%), from €36,500 to €69,871
- Taxes +€20,515
new in 2025: €20,515
- Financial charges +€15,841
up €15,841 (+152%), from €10,416 to €26,257
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 | €969,916 | €1,101,819 | +€131,902 | +13.6% |
| Fixed assets | 21/28 | €484,082 | €508,292 | +€24,211 | +5.0% |
| Tangible fixed assets | 22/27 | €417,141 | €441,351 | +€24,211 | +5.8% |
| Land and buildings | 22 | €10,600 | €3,828 | -€6,772 | -63.9% |
| Plant, machinery and equipment | 23 | €189,363 | €242,785 | +€53,422 | +28.2% |
| Furniture and vehicles | 24 | €5,435 | €4,791 | -€644 | -11.8% |
| Leasing and similar rights | 25 | €211,743 | €189,948 | -€21,795 | -10.3% |
| Financial fixed assets | 28 | €66,941 | €66,941 | = | 0.0% |
| Current assets | 29/58 | €485,835 | €593,526 | +€107,692 | +22.2% |
| Stocks and contracts in progress | 3 | €127,228 | €153,504 | +€26,276 | +20.7% |
| Stocks | 30/36 | €127,228 | €153,504 | +€26,276 | +20.7% |
| Amounts receivable within one year | 40/41 | €202,894 | €278,891 | +€75,997 | +37.5% |
| Trade receivables | 40 | €7,970 | €3,163 | -€4,807 | -60.3% |
| Other amounts receivable | 41 | €194,924 | €275,728 | +€80,804 | +41.5% |
| Cash at bank and in hand | 54/58 | €147,131 | €144,702 | -€2,429 | -1.7% |
| Deferred charges and accrued income | 490/1 | €8,583 | €16,430 | +€7,847 | +91.4% |
| Total equity and liabilities | 10/49 | €969,916 | €1,101,819 | +€131,902 | +13.6% |
| Equity | 10/15 | €268,943 | €393,149 | +€124,206 | +46.2% |
| Contributions | 10/11 | €368,721 | €368,721 | = | 0.0% |
| Reserves | 13 | €2,779 | €2,779 | = | 0.0% |
| Distributable reserves | 133 | €2,779 | €2,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,558 | -€30,099 | +€72,459 | +70.7% |
| Investment grants | 15 | - | €51,747 | +€51,747 | |
| Amounts payable | 17/49 | €700,974 | €708,670 | +€7,696 | +1.1% |
| Amounts payable after more than one year | 17 | €226,659 | €239,738 | +€13,079 | +5.8% |
| Financial debts | 170/4 | €226,659 | €239,738 | +€13,079 | +5.8% |
| Amounts payable within one year | 42/48 | €468,387 | €453,904 | -€14,483 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €56,560 | €50,257 | -€6,303 | -11.1% |
| Trade debts | 44 | €361,091 | €346,310 | -€14,781 | -4.1% |
| Suppliers | 440/4 | €361,091 | €346,310 | -€14,781 | -4.1% |
| Taxes, remuneration and social security | 45 | €50,736 | €57,338 | +€6,601 | +13.0% |
| Remuneration and social security | 454/9 | €50,736 | €57,338 | +€6,601 | +13.0% |
| Accrued charges and deferred income | 492/3 | €5,927 | €15,028 | +€9,101 | +154% |
| Remuneration, social security and pensions | 62 | €362,228 | €402,521 | +€40,293 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,500 | €69,871 | +€33,371 | +91.4% |
| Other operating charges | 640/8 | €977 | €560 | -€417 | -42.7% |
| Gross operating margin | 9900 | €513,624 | €587,760 | +€74,136 | +14.4% |
| Operating profit (loss) | 9901 | €113,919 | €114,808 | +€889 | +0.8% |
| Financial income | 75/76B | €280 | €4,423 | +€4,143 | +1,480% |
| Recurring financial income | 75 | €280 | €4,423 | +€4,143 | +1,480% |
| Financial charges | 65/66B | €10,416 | €26,257 | +€15,841 | +152% |
| Recurring financial charges | 65 | €10,416 | €26,257 | +€15,841 | +152% |
| Profit (loss) for the period before taxes | 9903 | €103,783 | €92,974 | -€10,809 | -10.4% |
| Income taxes | 67/77 | - | €20,515 | +€20,515 | |
| Profit (loss) for the period | 9904 | €103,783 | €72,459 | -€31,324 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,783 | €72,459 | -€31,324 | -30.2% |
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 26 October 2026 via checked.be.