WOLVIMMO 89: 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.
WOLVIMMO 89
Largest movements
- Receivables within one year -€336,918
down €336,918 (-17.1%), from €2.0m to €1.6m
- Tangible fixed assets -€169,726
down €169,726 (-4.8%), from €3.5m to €3.4m
- Profit (loss) carried forward -€450,751
down €450,751 (-12.3%), from -€3.7m to -€4.1m
- Financial charges -€89,839
down €89,839 (-25.3%), from €354,889 to €265,050
- Other operating charges +€53,269
up €53,269 (+5505.8%), from €968 to €54,237
- Depreciation -€19,704
down €19,704 (-10.4%), from €189,429 to €169,726
- Financial income -€1,195
down €1,195 (-11.7%), from €10,177 to €8,982
- Gross operating margin -€1,181
down €1,181 (-38.8%), from -€3,044 to -€4,225
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 | €8,217,212 | €7,712,362 | -€504,850 | -6.1% |
| Fixed assets | 21/28 | €6,247,881 | €6,078,156 | -€169,726 | -2.7% |
| Tangible fixed assets | 22/27 | €3,521,053 | €3,351,327 | -€169,726 | -4.8% |
| Land and buildings | 22 | €3,521,053 | €3,351,327 | -€169,726 | -4.8% |
| Financial fixed assets | 28 | €2,726,829 | €2,726,829 | = | 0.0% |
| Current assets | 29/58 | €1,969,331 | €1,634,206 | -€335,125 | -17.0% |
| Amounts receivable within one year | 40/41 | €1,969,331 | €1,632,412 | -€336,918 | -17.1% |
| Other amounts receivable | 41 | €1,969,331 | €1,632,412 | -€336,918 | -17.1% |
| Cash at bank and in hand | 54/58 | - | €1,794 | +€1,794 | |
| Total equity and liabilities | 10/49 | €8,217,212 | €7,712,362 | -€504,850 | -6.1% |
| Equity | 10/15 | €1,529,240 | €1,056,371 | -€472,868 | -30.9% |
| Contributions | 10/11 | €1,115,254 | €1,115,254 | = | 0.0% |
| Capital | 10 | €1,115,254 | €1,115,254 | = | 0.0% |
| Issued capital | 100 | €1,115,254 | €1,115,254 | = | 0.0% |
| Revaluation surpluses | 12 | €3,805,029 | €3,805,029 | = | 0.0% |
| Reserves | 13 | €285,174 | €263,057 | -€22,117 | -7.8% |
| Non-distributable reserves | 130/1 | €18,955 | €18,955 | = | 0.0% |
| Legal reserve | 130 | €18,955 | €18,955 | = | 0.0% |
| Tax-exempt reserves | 132 | €266,218 | €244,102 | -€22,117 | -8.3% |
| Profit (loss) carried forward | 14 | -€3,676,218 | -€4,126,969 | -€450,751 | -12.3% |
| Provisions and deferred taxes | 16 | €136,381 | €124,992 | -€11,388 | -8.4% |
| Deferred taxes | 168 | €136,381 | €124,992 | -€11,388 | -8.4% |
| Amounts payable | 17/49 | €6,551,592 | €6,530,998 | -€20,594 | -0.3% |
| Amounts payable within one year | 42/48 | €6,551,592 | €6,530,998 | -€20,594 | -0.3% |
| Financial debts | 43 | €6,550,747 | €6,528,000 | -€22,747 | -0.3% |
| Credit institutions | 430/8 | €6,550,747 | €6,528,000 | -€22,747 | -0.3% |
| Trade debts | 44 | €845 | €2,998 | +€2,153 | +254.9% |
| Suppliers | 440/4 | €845 | €2,998 | +€2,153 | +254.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,429 | €169,726 | -€19,704 | -10.4% |
| Other operating charges | 640/8 | €968 | €54,237 | +€53,269 | +5505.8% |
| Gross operating margin | 9900 | -€3,044 | -€4,225 | -€1,181 | -38.8% |
| Operating profit (loss) | 9901 | -€193,441 | -€228,188 | -€34,747 | -18.0% |
| Financial income | 75/76B | €10,177 | €8,982 | -€1,195 | -11.7% |
| Recurring financial income | 75 | €10,177 | €8,982 | -€1,195 | -11.7% |
| Financial charges | 65/66B | €354,889 | €265,050 | -€89,839 | -25.3% |
| Recurring financial charges | 65 | €354,889 | €265,050 | -€89,839 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€538,153 | -€484,256 | +€53,897 | +10.0% |
| Transfer from deferred taxes | 780 | €11,388 | €11,388 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€526,765 | -€472,868 | +€53,897 | +10.2% |
| Transfer from tax-exempt reserves | 789 | €22,117 | €22,117 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€504,648 | -€450,751 | +€53,897 | +10.7% |
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 11 October 2026 via checked.be.