WOOLF INTERNATIONAL: 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.
WOOLF INTERNATIONAL
Largest movements
- Cash -€76,113
down €76,113 (-64.9%), from €117,212 to €41,098
mainly Receivables within one year (-€41,291) and Net result for the year (-€36,066)
- Tangible fixed assets -€55,636
down €55,636 (-8.0%), from €693,088 to €637,452
- Receivables within one year +€41,291
up €41,291 (+38.6%), from €106,944 to €148,235
of which Trade receivables: +€37,408
- Deferred charges and accrued income +€13,414
up €13,414 (+274%), from €4,890 to €18,304
- Reserves -€30,000
down €30,000 (-8.2%), from €364,960 to €334,960
- Debts after one year -€28,130
down €28,130 (-6.9%), from €408,098 to €379,967
- Gross operating margin -€20,534
down €20,534 (-17.1%), from €120,252 to €99,718
- Staff costs +€14,393
up €14,393 (+25.6%), from €56,303 to €70,697
- Taxes -€2,164
down €2,164 (-74.1%), from €2,919 to €755
- Depreciation -€1,398
down €1,398 (-3.1%), from €44,908 to €43,509
- Financial charges +€1,253
up €1,253 (+12.3%), from €10,148 to €11,401
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €922,134 | €845,090 | -€77,044 | -8.4% |
| Fixed assets | 21/28 | €693,088 | €637,452 | -€55,636 | -8.0% |
| Tangible fixed assets | 22/27 | €693,088 | €637,452 | -€55,636 | -8.0% |
| Land and buildings | 22 | €613,246 | €587,406 | -€25,841 | -4.2% |
| Plant, machinery and equipment | 23 | €34,851 | €26,248 | -€8,603 | -24.7% |
| Furniture and vehicles | 24 | €38,255 | €18,719 | -€19,536 | -51.1% |
| Other tangible fixed assets | 26 | €6,736 | €5,080 | -€1,656 | -24.6% |
| Current assets | 29/58 | €229,046 | €207,637 | -€21,408 | -9.3% |
| Amounts receivable within one year | 40/41 | €106,944 | €148,235 | +€41,291 | +38.6% |
| Trade receivables | 40 | €86,580 | €123,988 | +€37,408 | +43.2% |
| Other amounts receivable | 41 | €20,363 | €24,247 | +€3,883 | +19.1% |
| Cash at bank and in hand | 54/58 | €117,212 | €41,098 | -€76,113 | -64.9% |
| Deferred charges and accrued income | 490/1 | €4,890 | €18,304 | +€13,414 | +274% |
| Total equity and liabilities | 10/49 | €922,134 | €845,090 | -€77,044 | -8.4% |
| Equity | 10/15 | €375,132 | €339,066 | -€36,066 | -9.6% |
| Reserves | 13 | €364,960 | €334,960 | -€30,000 | -8.2% |
| Distributable reserves | 133 | €364,960 | €334,960 | -€30,000 | -8.2% |
| Profit (loss) carried forward | 14 | €10,172 | €4,106 | -€6,066 | -59.6% |
| Amounts payable | 17/49 | €547,002 | €506,023 | -€40,979 | -7.5% |
| Amounts payable after more than one year | 17 | €408,098 | €379,967 | -€28,130 | -6.9% |
| Financial debts | 170/4 | €408,098 | €379,967 | -€28,130 | -6.9% |
| Amounts payable within one year | 42/48 | €138,254 | €125,406 | -€12,848 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €34,388 | €34,998 | +€610 | +1.8% |
| Trade debts | 44 | €68,544 | €70,052 | +€1,508 | +2.2% |
| Suppliers | 440/4 | €68,544 | €70,052 | +€1,508 | +2.2% |
| Taxes, remuneration and social security | 45 | €14,622 | €8,115 | -€6,508 | -44.5% |
| Taxes | 450/3 | €4,725 | €1,575 | -€3,150 | -66.7% |
| Remuneration and social security | 454/9 | €9,897 | €6,540 | -€3,358 | -33.9% |
| Other amounts payable | 47/48 | €20,700 | €12,242 | -€8,458 | -40.9% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €56,303 | €70,697 | +€14,393 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,908 | €43,509 | -€1,398 | -3.1% |
| Other operating charges | 640/8 | €4,477 | €3,673 | -€804 | -18.0% |
| Non-recurring operating charges | 66A | - | €5,751 | +€5,751 | |
| Gross operating margin | 9900 | €120,252 | €99,718 | -€20,534 | -17.1% |
| Operating profit (loss) | 9901 | €14,564 | -€23,912 | -€38,477 | |
| Financial income | 75/76B | €46 | €3 | -€44 | -94.5% |
| Recurring financial income | 75 | €46 | €3 | -€44 | -94.5% |
| Financial charges | 65/66B | €10,148 | €11,401 | +€1,253 | +12.3% |
| Recurring financial charges | 65 | €10,148 | €11,401 | +€1,253 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €4,462 | -€35,311 | -€39,774 | |
| Income taxes | 67/77 | €2,919 | €755 | -€2,164 | -74.1% |
| Profit (loss) for the period | 9904 | €1,543 | -€36,066 | -€37,609 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,543 | -€36,066 | -€37,609 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.