WOLVIS: 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.
WOLVIS
Largest movements
- Cash -€62,100
down €62,100 (-64.8%), from €95,890 to €33,790
mainly Stocks and contracts (-€26,765) and Debts after one year (-€17,143)
- Stocks and contracts +€26,765
up €26,765 (+61.6%), from €43,466 to €70,231
- Intangible fixed assets -€3,590
down €3,590 (-29.0%), from €12,385 to €8,795
- Debts after one year -€17,143
down €17,143 (-61.1%), from €28,060 to €10,916
- Trade debts -€14,837
down €14,837 (-36.9%), from €40,181 to €25,344
- Tax, wage and social debts -€7,405
down €7,405 (-17.0%), from €43,477 to €36,072
of which Taxes: -€10,595
- Current portion of long-term debt -€2,978
down €2,978 (-14.3%), from €20,881 to €17,903
- Profit (loss) carried forward +€2,964
up €2,964 (+52.7%), from €5,620 to €8,584
- Gross operating margin +€9,980
up €9,980 (+11.3%), from €88,241 to €98,221
- Staff costs +€8,291
up €8,291 (+12.1%), from €68,390 to €76,680
- Depreciation +€1,178
up €1,178 (+15.8%), from €7,472 to €8,650
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 | €203,306 | €161,781 | -€41,526 | -20.4% |
| Fixed assets | 21/28 | €24,080 | €19,377 | -€4,703 | -19.5% |
| Intangible fixed assets | 21 | €12,385 | €8,795 | -€3,590 | -29.0% |
| Tangible fixed assets | 22/27 | €11,696 | €10,582 | -€1,113 | -9.5% |
| Plant, machinery and equipment | 23 | €5,321 | €3,577 | -€1,745 | -32.8% |
| Furniture and vehicles | 24 | €1,687 | €2,877 | +€1,189 | +70.5% |
| Other tangible fixed assets | 26 | €4,687 | €4,129 | -€558 | -11.9% |
| Current assets | 29/58 | €179,226 | €142,403 | -€36,823 | -20.5% |
| Stocks and contracts in progress | 3 | €43,466 | €70,231 | +€26,765 | +61.6% |
| Stocks | 30/36 | €43,466 | €70,231 | +€26,765 | +61.6% |
| Amounts receivable within one year | 40/41 | €38,134 | €37,740 | -€394 | -1.0% |
| Trade receivables | 40 | €35,906 | €35,849 | -€58 | -0.2% |
| Other amounts receivable | 41 | €2,228 | €1,892 | -€336 | -15.1% |
| Current investments | 50/53 | €60 | €116 | +€56 | +92.6% |
| Cash at bank and in hand | 54/58 | €95,890 | €33,790 | -€62,100 | -64.8% |
| Deferred charges and accrued income | 490/1 | €1,676 | €526 | -€1,150 | -68.6% |
| Total equity and liabilities | 10/49 | €203,306 | €161,781 | -€41,526 | -20.4% |
| Equity | 10/15 | €41,295 | €44,259 | +€2,964 | +7.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,674 | €33,674 | = | 0.0% |
| Distributable reserves | 133 | €33,674 | €33,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,620 | €8,584 | +€2,964 | +52.7% |
| Amounts payable | 17/49 | €162,012 | €117,522 | -€44,490 | -27.5% |
| Amounts payable after more than one year | 17 | €28,060 | €10,916 | -€17,143 | -61.1% |
| Financial debts | 170/4 | €28,060 | €10,916 | -€17,143 | -61.1% |
| Amounts payable within one year | 42/48 | €133,952 | €106,606 | -€27,346 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €20,881 | €17,903 | -€2,978 | -14.3% |
| Financial debts | 43 | €494 | €472 | -€22 | -4.5% |
| Credit institutions | 430/8 | €494 | €472 | -€22 | -4.5% |
| Trade debts | 44 | €40,181 | €25,344 | -€14,837 | -36.9% |
| Suppliers | 440/4 | €40,181 | €25,344 | -€14,837 | -36.9% |
| Taxes, remuneration and social security | 45 | €43,477 | €36,072 | -€7,405 | -17.0% |
| Taxes | 450/3 | €25,182 | €14,587 | -€10,595 | -42.1% |
| Remuneration and social security | 454/9 | €18,296 | €21,485 | +€3,189 | +17.4% |
| Other amounts payable | 47/48 | €28,918 | €26,814 | -€2,104 | -7.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €68,390 | €76,680 | +€8,291 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,472 | €8,650 | +€1,178 | +15.8% |
| Other operating charges | 640/8 | €678 | €479 | -€199 | -29.3% |
| Gross operating margin | 9900 | €88,241 | €98,221 | +€9,980 | +11.3% |
| Operating profit (loss) | 9901 | €11,702 | €12,411 | +€709 | +6.1% |
| Financial charges | 65/66B | €6,398 | €6,795 | +€397 | +6.2% |
| Recurring financial charges | 65 | €6,398 | €6,795 | +€397 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €5,304 | €5,616 | +€312 | +5.9% |
| Income taxes | 67/77 | €1,748 | €2,652 | +€903 | +51.7% |
| Profit (loss) for the period | 9904 | €3,556 | €2,964 | -€592 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,556 | €2,964 | -€592 | -16.6% |
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 8 October 2026 via checked.be.