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WOOLFS CONSULTING: 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.

What changed

WOOLFS CONSULTING

BE 0831.190.822
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,731
2024 · €58,122-€32,391
Equity
€172,546
2024 · €265,953-€93,407
Cash
€20,155
2024 · €51,570-€31,415
Balance sheet total
€290,630
2024 · €391,281-€100,651

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€68,611

    down €68,611 (-26.5%), from €258,672 to €190,062

    of which Other amounts receivable: -€69,185

  • Cash -€31,415

    down €31,415 (-60.9%), from €51,570 to €20,155

    mainly Contributions, distributions and other (-€119,139) and Trade debts (-€9,321)

Equity and liabilities
  • Reserves -€93,407

    down €93,407 (-36.8%), from €253,553 to €160,146

  • Accrued charges and deferred income +€12,403

    new in 2025: €12,403

  • Trade debts -€9,321

    down €9,321 (-41.8%), from €22,274 to €12,954

  • Debts after one year -€7,924

    down €7,924 (-10.1%), from €78,702 to €70,778

  • Tax, wage and social debts -€5,429

    down €5,429 (-39.9%), from €13,621 to €8,192

Income statement
  • Gross operating margin -€29,228

    down €29,228 (-35.7%), from €81,973 to €52,745

  • Taxes -€10,183

    down €10,183 (-33.9%), from €30,036 to €19,852

  • Other operating charges +€4,462

    up €4,462 (+605.6%), from €737 to €5,199

  • Financial charges +€3,999

    up €3,999 (+182.8%), from €2,187 to €6,186

  • Financial income -€3,835

    down €3,835 (-26.9%), from €14,230 to €10,396

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €58,122
Gross operating margin -€29,228
Depreciation -€1,050
Other operating charges -€4,462
Financial income -€3,835
Financial charges -€3,999
Taxes +€10,183
Result 2025 €25,731

Cash bridge derived

cash 2024 to 2025

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.

From operations +€99,787
Investment -€4,452
Financing -€126,750
Cash 2024 €51,570
Net result for the year +€25,731
Depreciation +€6,173
Receivables within one year +€68,611
Deferred charges and accrued income -€1,095
Trade debts -€9,321
Tax, wage and social debts -€5,429
Other debts +€2,715
Accrued charges and deferred income +€12,403
Investment in fixed assets (net) -€4,452
Debts after one year -€7,924
Current portion of long-term debt +€313
Contributions, distributions and other -€119,139
Cash 2025 €20,155
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €391,281 €290,630 -€100,651 -25.7%
Fixed assets 21/28 €66,233 €64,512 -€1,721 -2.6%
Tangible fixed assets 22/27 €14,655 €12,934 -€1,721 -11.7%
Plant, machinery and equipment 23 €3,305 €1,670 -€1,635 -49.5%
Furniture and vehicles 24 €11,350 €11,264 -€86 -0.8%
Financial fixed assets 28 €51,578 €51,578 = 0.0%
Current assets 29/58 €325,048 €226,118 -€98,930 -30.4%
Amounts receivable within one year 40/41 €258,672 €190,062 -€68,611 -26.5%
Trade receivables 40 €36,555 €37,129 +€574 +1.6%
Other amounts receivable 41 €222,118 €152,933 -€69,185 -31.1%
Cash at bank and in hand 54/58 €51,570 €20,155 -€31,415 -60.9%
Deferred charges and accrued income 490/1 €14,805 €15,901 +€1,095 +7.4%
Total equity and liabilities 10/49 €391,281 €290,630 -€100,651 -25.7%
Equity 10/15 €265,953 €172,546 -€93,407 -35.1%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €253,553 €160,146 -€93,407 -36.8%
Distributable reserves 133 €253,553 €160,146 -€93,407 -36.8%
Amounts payable 17/49 €125,328 €118,084 -€7,244 -5.8%
Amounts payable after more than one year 17 €78,702 €70,778 -€7,924 -10.1%
Financial debts 170/4 €78,702 €70,778 -€7,924 -10.1%
Amounts payable within one year 42/48 €46,625 €34,903 -€11,722 -25.1%
Current portion of amounts payable after more than one year 42 €7,611 €7,924 +€313 +4.1%
Trade debts 44 €22,274 €12,954 -€9,321 -41.8%
Suppliers 440/4 €22,274 €12,954 -€9,321 -41.8%
Taxes, remuneration and social security 45 €13,621 €8,192 -€5,429 -39.9%
Taxes 450/3 €13,621 €8,192 -€5,429 -39.9%
Other amounts payable 47/48 €3,119 €5,834 +€2,715 +87.0%
Accrued charges and deferred income 492/3 - €12,403 +€12,403
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,122 €6,173 +€1,050 +20.5%
Other operating charges 640/8 €737 €5,199 +€4,462 +605.6%
Gross operating margin 9900 €81,973 €52,745 -€29,228 -35.7%
Operating profit (loss) 9901 €76,115 €41,374 -€34,741 -45.6%
Financial income 75/76B €14,230 €10,396 -€3,835 -26.9%
Recurring financial income 75 €14,230 €10,396 -€3,835 -26.9%
Financial charges 65/66B €2,187 €6,186 +€3,999 +182.8%
Recurring financial charges 65 €2,187 €6,186 +€3,999 +182.8%
Profit (loss) for the period before taxes 9903 €88,158 €45,584 -€42,574 -48.3%
Income taxes 67/77 €30,036 €19,852 -€10,183 -33.9%
Profit (loss) for the period 9904 €58,122 €25,731 -€32,391 -55.7%
Profit (loss) for the period to be appropriated 9905 €58,122 €25,731 -€32,391 -55.7%

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 28 September 2026 via checked.be.