Wulfpack Consult: 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.
Wulfpack Consult
Largest movements
- Cash +€51,234
up €51,234 (+84.9%), from €60,331 to €111,564
mainly Net result for the year (+€81,484) and Depreciation (+€3,784)
- Receivables within one year +€23,940
up €23,940 (+91.1%), from €26,283 to €50,223
of which Other amounts receivable: +€22,791
- Tangible fixed assets +€5,756
up €5,756 (+22.8%), from €25,215 to €30,972
of which Other tangible fixed assets: +€6,988
- Reserves +€79,766
up €79,766 (+104.1%), from €76,606 to €156,372
- Gross operating margin +€8,638
up €8,638 (+8.4%), from €102,438 to €111,076
- Financial charges +€2,965
up €2,965 (+7455.1%), from €40 to €3,005
- Depreciation +€1,782
up €1,782 (+89.0%), from €2,002 to €3,784
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 | €115,239 | €196,166 | +€80,927 | +70.2% |
| Fixed assets | 21/28 | €26,415 | €32,172 | +€5,756 | +21.8% |
| Tangible fixed assets | 22/27 | €25,215 | €30,972 | +€5,756 | +22.8% |
| Plant, machinery and equipment | 23 | €1,376 | €955 | -€421 | -30.6% |
| Furniture and vehicles | 24 | €4,007 | €3,196 | -€811 | -20.2% |
| Other tangible fixed assets | 26 | €19,833 | €26,820 | +€6,988 | +35.2% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €88,823 | €163,994 | +€75,171 | +84.6% |
| Amounts receivable within one year | 40/41 | €26,283 | €50,223 | +€23,940 | +91.1% |
| Trade receivables | 40 | €24,140 | €25,289 | +€1,150 | +4.8% |
| Other amounts receivable | 41 | €2,143 | €24,934 | +€22,791 | +1063.4% |
| Cash at bank and in hand | 54/58 | €60,331 | €111,564 | +€51,234 | +84.9% |
| Deferred charges and accrued income | 490/1 | €2,210 | €2,207 | -€3 | -0.1% |
| Total equity and liabilities | 10/49 | €115,239 | €196,166 | +€80,927 | +70.2% |
| Equity | 10/15 | €77,106 | €156,872 | +€79,766 | +103.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €76,606 | €156,372 | +€79,766 | +104.1% |
| Distributable reserves | 133 | €76,606 | €156,372 | +€79,766 | +104.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,133 | €39,294 | +€1,161 | +3.0% |
| Amounts payable within one year | 42/48 | €38,133 | €39,294 | +€1,161 | +3.0% |
| Trade debts | 44 | €3,580 | €4,175 | +€594 | +16.6% |
| Suppliers | 440/4 | €3,580 | €4,175 | +€594 | +16.6% |
| Taxes, remuneration and social security | 45 | €32,886 | €33,401 | +€515 | +1.6% |
| Taxes | 450/3 | €32,886 | €33,401 | +€515 | +1.6% |
| Other amounts payable | 47/48 | €1,666 | €1,718 | +€52 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,002 | €3,784 | +€1,782 | +89.0% |
| Other operating charges | 640/8 | €176 | €179 | +€3 | +1.6% |
| Gross operating margin | 9900 | €102,438 | €111,076 | +€8,638 | +8.4% |
| Operating profit (loss) | 9901 | €100,260 | €107,113 | +€6,853 | +6.8% |
| Financial income | 75/76B | €71 | €417 | +€346 | +490.9% |
| Recurring financial income | 75 | €71 | €417 | +€346 | +490.9% |
| Financial charges | 65/66B | €40 | €3,005 | +€2,965 | +7455.1% |
| Recurring financial charges | 65 | €40 | €3,005 | +€2,965 | +7455.1% |
| Profit (loss) for the period before taxes | 9903 | €100,291 | €104,526 | +€4,235 | +4.2% |
| Income taxes | 67/77 | €22,019 | €23,042 | +€1,023 | +4.6% |
| Profit (loss) for the period | 9904 | €78,272 | €81,484 | +€3,212 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €78,272 | €81,484 | +€3,212 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.