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WoolMate: 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

WoolMate

BE 0687.600.138
NACE 14.100, Manufacture of wearing apparel
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,295
2024 · €63,620-€42,326
Equity
€265,604
2024 · €245,143+€20,462
Cash
€31,359
2024 · €93,998-€62,640
Balance sheet total
€636,658
2024 · €689,050-€52,392

Largest movements

2024 to 2025
Assets
  • Cash -€62,640

    down €62,640 (-66.6%), from €93,998 to €31,359

    mainly Debts after one year (-€43,745) and Investment in fixed assets (net) (-€38,421)

  • Receivables within one year +€9,286

    up €9,286 (+26.4%), from €35,158 to €44,445

    of which Other amounts receivable: +€6,254

Equity and liabilities
  • Debts after one year -€43,745

    down €43,745 (-12.4%), from €353,255 to €309,510

  • Reserves +€20,462

    up €20,462 (+9.0%), from €226,593 to €247,054

  • Trade debts -€17,414

    down €17,414 (-73.6%), from €23,660 to €6,245

  • Tax, wage and social debts -€15,132

    down €15,132 (-44.2%), from €34,240 to €19,108

    of which Taxes: -€10,239

Income statement
  • Gross operating margin -€74,829

    down €74,829 (-29.8%), from €250,830 to €176,001

  • Staff costs -€19,827

    down €19,827 (-16.0%), from €123,879 to €104,052

  • Taxes -€17,099

    down €17,099 (-66.8%), from €25,581 to €8,483

  • Depreciation +€4,747

    up €4,747 (+16.6%), from €28,669 to €33,415

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 €63,620
Gross operating margin -€74,829
Staff costs +€19,827
Depreciation -€4,747
Other operating charges +€1,420
Financial income -€1,293
Financial charges +€199
Taxes +€17,099
Result 2025 €21,295

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 +€19,934
Investment -€38,421
Financing -€44,153
Cash 2024 €93,998
Net result for the year +€21,295
Depreciation +€33,415
Stocks and contracts +€4,116
Receivables within one year -€9,286
Deferred charges and accrued income -€72
Trade debts -€17,414
Tax, wage and social debts -€15,132
Advances received +€3,408
Other debts -€569
Accrued charges and deferred income +€175
Investment in fixed assets (net) -€38,421
Debts after one year -€43,745
Current portion of long-term debt +€425
Contributions, distributions and other -€833
Cash 2025 €31,359
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €689,050 €636,658 -€52,392 -7.6%
Fixed assets 21/28 €518,156 €523,162 +€5,006 +1.0%
Intangible fixed assets 21 €1,750 €1,250 -€500 -28.6%
Tangible fixed assets 22/27 €516,406 €521,912 +€5,506 +1.1%
Land and buildings 22 €449,586 €434,460 -€15,126 -3.4%
Plant, machinery and equipment 23 €63,851 €85,391 +€21,541 +33.7%
Furniture and vehicles 24 €2,970 €2,061 -€909 -30.6%
Current assets 29/58 €170,894 €113,496 -€57,397 -33.6%
Stocks and contracts in progress 3 €40,244 €36,128 -€4,116 -10.2%
Stocks 30/36 €40,244 €36,128 -€4,116 -10.2%
Amounts receivable within one year 40/41 €35,158 €44,445 +€9,286 +26.4%
Trade receivables 40 €34,403 €37,435 +€3,032 +8.8%
Other amounts receivable 41 €756 €7,010 +€6,254 +827.3%
Cash at bank and in hand 54/58 €93,998 €31,359 -€62,640 -66.6%
Deferred charges and accrued income 490/1 €1,493 €1,565 +€72 +4.8%
Total equity and liabilities 10/49 €689,050 €636,658 -€52,392 -7.6%
Equity 10/15 €245,143 €265,604 +€20,462 +8.3%
Contributions 10/11 €18,550 €18,550 = 0.0%
Reserves 13 €226,593 €247,054 +€20,462 +9.0%
Distributable reserves 133 €226,593 €247,054 +€20,462 +9.0%
Amounts payable 17/49 €443,907 €371,054 -€72,853 -16.4%
Amounts payable after more than one year 17 €353,255 €309,510 -€43,745 -12.4%
Financial debts 170/4 €353,255 €309,510 -€43,745 -12.4%
Amounts payable within one year 42/48 €90,615 €61,332 -€29,283 -32.3%
Current portion of amounts payable after more than one year 42 €31,001 €31,426 +€425 +1.4%
Trade debts 44 €23,660 €6,245 -€17,414 -73.6%
Suppliers 440/4 €23,660 €6,245 -€17,414 -73.6%
Advances received on contracts in progress 46 - €3,408 +€3,408
Taxes, remuneration and social security 45 €34,240 €19,108 -€15,132 -44.2%
Taxes 450/3 €17,950 €7,711 -€10,239 -57.0%
Remuneration and social security 454/9 €16,289 €11,397 -€4,893 -30.0%
Other amounts payable 47/48 €1,715 €1,146 -€569 -33.2%
Accrued charges and deferred income 492/3 €37 €212 +€175 +466.7%
Remuneration, social security and pensions 62 €123,879 €104,052 -€19,827 -16.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,669 €33,415 +€4,747 +16.6%
Other operating charges 640/8 €6,856 €5,436 -€1,420 -20.7%
Gross operating margin 9900 €250,830 €176,001 -€74,829 -29.8%
Operating profit (loss) 9901 €91,427 €33,097 -€58,330 -63.8%
Financial income 75/76B €3,386 €2,092 -€1,293 -38.2%
Recurring financial income 75 €3,386 €2,092 -€1,293 -38.2%
Financial charges 65/66B €5,611 €5,412 -€199 -3.5%
Recurring financial charges 65 €5,611 €5,412 -€199 -3.5%
Profit (loss) for the period before taxes 9903 €89,201 €29,777 -€59,424 -66.6%
Income taxes 67/77 €25,581 €8,483 -€17,099 -66.8%
Profit (loss) for the period 9904 €63,620 €21,295 -€42,326 -66.5%
Profit (loss) for the period to be appropriated 9905 €63,620 €21,295 -€42,326 -66.5%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.