Wool & Wire: 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.
Wool & Wire
Largest movements
- Receivables within one year +€42,887
up €42,887 (+76.3%), from €56,198 to €99,085
of which Trade receivables: +€39,665
- Stocks and contracts -€26,817
down €26,817 (-59.5%), from €45,104 to €18,287
- Cash +€24,717
up €24,717 (+45.0%), from €54,902 to €79,619
mainly Net result for the year (+€80,481) and Tax, wage and social debts (+€31,989)
- Reserves +€116,908
new in 2025: €116,908
- Trade debts -€69,923
down €69,923 (-83.2%), from €84,062 to €14,140
- Profit (loss) carried forward -€36,426
down €36,426 (-100.0%), from €36,426 to €0
- Tax, wage and social debts +€31,989
up €31,989 (+130.6%), from €24,495 to €56,484
of which Taxes: +€31,666
- Other debts -€29,881
down €29,881 (-88.5%), from €33,761 to €3,880
- Gross operating margin +€124,361
up €124,361 (+305.2%), from €40,752 to €165,113
- Staff costs -€14,405
down €14,405 (-22.8%), from €63,254 to €48,850
- Taxes +€6,392
up €6,392 (+3995.1%), from €160 to €6,552
- Depreciation +€4,012
up €4,012 (+37.8%), from €10,603 to €14,615
- Financial charges +€2,988
up €2,988 (+23.9%), from €12,484 to €15,472
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 | €197,115 | €235,097 | +€37,983 | +19.3% |
| Fixed assets | 21/28 | €37,506 | €35,489 | -€2,017 | -5.4% |
| Tangible fixed assets | 22/27 | €30,621 | €28,604 | -€2,017 | -6.6% |
| Plant, machinery and equipment | 23 | €2,024 | €8,061 | +€6,037 | +298.2% |
| Furniture and vehicles | 24 | €14,026 | €9,876 | -€4,150 | -29.6% |
| Other tangible fixed assets | 26 | €14,571 | €10,667 | -€3,904 | -26.8% |
| Financial fixed assets | 28 | €6,885 | €6,885 | = | 0.0% |
| Current assets | 29/58 | €159,609 | €199,608 | +€39,999 | +25.1% |
| Stocks and contracts in progress | 3 | €45,104 | €18,287 | -€26,817 | -59.5% |
| Stocks | 30/36 | €45,104 | €18,287 | -€26,817 | -59.5% |
| Amounts receivable within one year | 40/41 | €56,198 | €99,085 | +€42,887 | +76.3% |
| Trade receivables | 40 | €49,751 | €89,416 | +€39,665 | +79.7% |
| Other amounts receivable | 41 | €6,447 | €9,669 | +€3,221 | +50.0% |
| Cash at bank and in hand | 54/58 | €54,902 | €79,619 | +€24,717 | +45.0% |
| Deferred charges and accrued income | 490/1 | €3,405 | €2,617 | -€788 | -23.1% |
| Total equity and liabilities | 10/49 | €197,115 | €235,097 | +€37,983 | +19.3% |
| Equity | 10/15 | €37,176 | €117,658 | +€80,481 | +216.5% |
| Contributions | 10/11 | €750 | €750 | = | 0.0% |
| Reserves | 13 | - | €116,908 | +€116,908 | |
| Distributable reserves | 133 | - | €116,908 | +€116,908 | |
| Profit (loss) carried forward | 14 | €36,426 | €0 | -€36,426 | -100.0% |
| Amounts payable | 17/49 | €159,939 | €117,440 | -€42,499 | -26.6% |
| Amounts payable within one year | 42/48 | €142,318 | €74,503 | -€67,815 | -47.7% |
| Trade debts | 44 | €84,062 | €14,140 | -€69,923 | -83.2% |
| Suppliers | 440/4 | €84,062 | €14,140 | -€69,923 | -83.2% |
| Taxes, remuneration and social security | 45 | €24,495 | €56,484 | +€31,989 | +130.6% |
| Taxes | 450/3 | €24,494 | €56,160 | +€31,666 | +129.3% |
| Remuneration and social security | 454/9 | €1 | €324 | +€323 | +41932.5% |
| Other amounts payable | 47/48 | €33,761 | €3,880 | -€29,881 | -88.5% |
| Accrued charges and deferred income | 492/3 | €17,621 | €42,937 | +€25,316 | +143.7% |
| Remuneration, social security and pensions | 62 | €63,254 | €48,850 | -€14,405 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,603 | €14,615 | +€4,012 | +37.8% |
| Other operating charges | 640/8 | €1,333 | €519 | -€814 | -61.0% |
| Gross operating margin | 9900 | €40,752 | €165,113 | +€124,361 | +305.2% |
| Operating profit (loss) | 9901 | -€34,439 | €101,128 | +€135,567 | |
| Financial income | 75/76B | €632 | €1,377 | +€745 | +118.0% |
| Recurring financial income | 75 | €632 | €1,377 | +€745 | +118.0% |
| Financial charges | 65/66B | €12,484 | €15,472 | +€2,988 | +23.9% |
| Recurring financial charges | 65 | €12,484 | €15,472 | +€2,988 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€46,291 | €87,034 | +€133,325 | |
| Income taxes | 67/77 | €160 | €6,552 | +€6,392 | +3995.1% |
| Profit (loss) for the period | 9904 | -€46,451 | €80,481 | +€126,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,451 | €80,481 | +€126,933 |
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 1 October 2026 via checked.be.