WOLVELD²: 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.
WOLVELD²
Largest movements
- Cash +€123,074
up €123,074 (+1500.0%), from €8,205 to €131,279
mainly Receivables within one year (+€66,414) and Net result for the year (+€30,899)
- Receivables within one year -€66,414
down €66,414 (-6.3%), from €1.1m to €984,000
of which Other amounts receivable: -€66,414
- Profit (loss) carried forward +€41,821
up €41,821 (+14.8%), from -€283,153 to -€241,332
- Other debts +€20,561
up €20,561, from €0 to €20,561
- Gross operating margin +€80,421
up €80,421, from -€5,958 to €74,463
- Taxes +€20,000
new in 2025: €20,000
- Financial income +€12,601
up €12,601 (+48.7%), from €25,898 to €38,499
- Purchases and services -€5,667
down €5,667 (-60.5%), from €9,370 to €3,704
- Other operating charges -€5,043
down €5,043 (-28.7%), from €17,587 to €12,544
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 | €1,297,619 | €1,348,741 | +€51,122 | +3.9% |
| Fixed assets | 21/28 | €239,000 | €230,227 | -€8,773 | -3.7% |
| Tangible fixed assets | 22/27 | €239,000 | €230,227 | -€8,773 | -3.7% |
| Land and buildings | 22 | €239,000 | €230,227 | -€8,773 | -3.7% |
| Current assets | 29/58 | €1,058,619 | €1,118,515 | +€59,895 | +5.7% |
| Amounts receivable within one year | 40/41 | €1,050,414 | €984,000 | -€66,414 | -6.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,050,414 | €984,000 | -€66,414 | -6.3% |
| Cash at bank and in hand | 54/58 | €8,205 | €131,279 | +€123,074 | +1500.0% |
| Deferred charges and accrued income | 490/1 | €0 | €3,235 | +€3,235 | |
| Total equity and liabilities | 10/49 | €1,297,619 | €1,348,741 | +€51,122 | +3.9% |
| Equity | 10/15 | €452 | €31,351 | +€30,899 | +6832.2% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €35,711 | €24,789 | -€10,922 | -30.6% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,922 | €0 | -€10,922 | -100.0% |
| Profit (loss) carried forward | 14 | -€283,153 | -€241,332 | +€41,821 | +14.8% |
| Amounts payable | 17/49 | €1,297,167 | €1,317,390 | +€20,223 | +1.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,295,245 | €1,315,874 | +€20,629 | +1.6% |
| Financial debts | 43 | €1,293,551 | €1,293,551 | = | 0.0% |
| Credit institutions | 430/8 | €1,293,551 | €1,293,551 | = | 0.0% |
| Trade debts | 44 | €1,694 | €1,762 | +€68 | +4.0% |
| Suppliers | 440/4 | €1,694 | €1,762 | +€68 | +4.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €20,561 | +€20,561 | |
| Accrued charges and deferred income | 492/3 | €1,922 | €1,516 | -€406 | -21.1% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,370 | €3,704 | -€5,667 | -60.5% |
| Remuneration, social security and pensions | 62 | €0 | -€117 | -€117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64 | - | -€64 | |
| Other operating charges | 640/8 | €17,587 | €12,544 | -€5,043 | -28.7% |
| Non-recurring operating charges | 66A | €1,719 | - | -€1,719 | |
| Gross operating margin | 9900 | -€5,958 | €74,463 | +€80,421 | |
| Operating profit (loss) | 9901 | -€25,328 | €62,036 | +€87,364 | |
| Financial income | 75/76B | €25,898 | €38,499 | +€12,601 | +48.7% |
| Recurring financial income | 75 | €25,898 | €38,499 | +€12,601 | +48.7% |
| Financial charges | 65/66B | €45,330 | €49,637 | +€4,307 | +9.5% |
| Recurring financial charges | 65 | €45,330 | €49,637 | +€4,307 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,760 | €50,899 | +€95,659 | |
| Income taxes | 67/77 | - | €20,000 | +€20,000 | |
| Profit (loss) for the period | 9904 | -€44,760 | €30,899 | +€75,659 | |
| Transfer from tax-exempt reserves | 789 | - | €10,922 | +€10,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,760 | €41,821 | +€86,581 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.