WOLUX: 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.
WOLUX
Largest movements
- Stocks and contracts +€279,351
up €279,351 (+698.4%), from €40,000 to €319,351
- Receivables within one year -€30,705
down €30,705 (-62.4%), from €49,220 to €18,515
- Tangible fixed assets -€15,720
down €15,720 (-34.5%), from €45,509 to €29,789
of which Furniture and vehicles: -€14,692
- Cash -€13,564
down €13,564 (-68.9%), from €19,682 to €6,118
mainly Stocks and contracts (-€279,351) and Trade debts (-€91,270)
- Receivables after one year -€6,692
down €6,692 (-2.7%), from €250,000 to €243,308
- Short-term financial debts +€456,000
new in 2025: €456,000
- Trade debts -€91,270
down €91,270 (-99.7%), from €91,577 to €307
- Other debts -€73,631
no longer reported in 2025 (was €73,631)
- Profit (loss) carried forward -€50,647
new in 2025: -€50,647
- Debts after one year -€25,417
down €25,417 (-19.2%), from €132,504 to €107,088
- Gross operating margin -€127,313
down €127,313, from €106,133 to -€21,179
- Financial charges -€33,273
down €33,273 (-66.7%), from €49,876 to €16,604
of which Financial charges: -€33,464
- Financial income +€7,574
up €7,574 (+4153.6%), from €182 to €7,756
- Depreciation -€7,315
down €7,315 (-31.8%), from €23,035 to €15,720
- Taxes -€3,287
down €3,287 (-95.0%), from €3,460 to €174
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
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 | €405,886 | €618,601 | +€212,716 | +52.4% |
| Fixed assets | 21/28 | €45,909 | €30,189 | -€15,720 | -34.2% |
| Tangible fixed assets | 22/27 | €45,509 | €29,789 | -€15,720 | -34.5% |
| Land and buildings | 22 | €23,000 | €23,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,454 | €425 | -€1,028 | -70.7% |
| Furniture and vehicles | 24 | €21,056 | €6,364 | -€14,692 | -69.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €359,976 | €588,412 | +€228,436 | +63.5% |
| Amounts receivable after more than one year | 29 | €250,000 | €243,308 | -€6,692 | -2.7% |
| Other amounts receivable | 291 | €250,000 | €243,308 | -€6,692 | -2.7% |
| Stocks and contracts in progress | 3 | €40,000 | €319,351 | +€279,351 | +698.4% |
| Stocks | 30/36 | €40,000 | €319,351 | +€279,351 | +698.4% |
| Amounts receivable within one year | 40/41 | €49,220 | €18,515 | -€30,705 | -62.4% |
| Other amounts receivable | 41 | €49,220 | €18,515 | -€30,705 | -62.4% |
| Cash at bank and in hand | 54/58 | €19,682 | €6,118 | -€13,564 | -68.9% |
| Deferred charges and accrued income | 490/1 | €1,074 | €1,120 | +€46 | +4.3% |
| Total equity and liabilities | 10/49 | €405,886 | €618,601 | +€212,716 | +52.4% |
| Equity | 10/15 | €78,404 | €27,757 | -€50,647 | -64.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,404 | €16,404 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €10,204 | €10,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€50,647 | -€50,647 | |
| Amounts payable | 17/49 | €327,482 | €590,844 | +€263,362 | +80.4% |
| Amounts payable after more than one year | 17 | €132,504 | €107,088 | -€25,417 | -19.2% |
| Financial debts | 170/4 | €132,504 | €107,088 | -€25,417 | -19.2% |
| Amounts payable within one year | 42/48 | €194,660 | €481,897 | +€287,237 | +147.6% |
| Current portion of amounts payable after more than one year | 42 | €29,453 | €25,417 | -€4,036 | -13.7% |
| Financial debts | 43 | - | €456,000 | +€456,000 | |
| Credit institutions | 430/8 | - | €456,000 | +€456,000 | |
| Trade debts | 44 | €91,577 | €307 | -€91,270 | -99.7% |
| Suppliers | 440/4 | €91,577 | €307 | -€91,270 | -99.7% |
| Taxes, remuneration and social security | 45 | - | €173 | +€173 | |
| Taxes | 450/3 | - | €173 | +€173 | |
| Other amounts payable | 47/48 | €73,631 | - | -€73,631 | |
| Accrued charges and deferred income | 492/3 | €317 | €1,859 | +€1,543 | +487.0% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,035 | €15,720 | -€7,315 | -31.8% |
| Other operating charges | 640/8 | €2,291 | €4,726 | +€2,435 | +106.3% |
| Gross operating margin | 9900 | €106,133 | -€21,179 | -€127,313 | |
| Operating profit (loss) | 9901 | €80,807 | -€41,625 | -€122,432 | |
| Financial income | 75/76B | €182 | €7,756 | +€7,574 | +4153.6% |
| Recurring financial income | 75 | €182 | €7,756 | +€7,574 | +4153.6% |
| Financial charges | 65/66B | €49,876 | €16,604 | -€33,273 | -66.7% |
| Recurring financial charges | 65 | €49,567 | €16,104 | -€33,464 | -67.5% |
| Non-recurring financial charges | 66B | €309 | €500 | +€191 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €31,113 | -€50,473 | -€81,586 | |
| Income taxes | 67/77 | €3,460 | €174 | -€3,287 | -95.0% |
| Profit (loss) for the period | 9904 | €27,653 | -€50,647 | -€78,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,653 | -€50,647 | -€78,299 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.