WULL.CO: 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.
WULL.CO
Largest movements
- Cash +€66,605
up €66,605 (+33.6%), from €198,216 to €264,821
mainly Other debts (+€267,200) and Net result for the year (+€98,505)
- Receivables within one year -€20,164
down €20,164 (-53.2%), from €37,917 to €17,752
of which Other amounts receivable: -€18,260
- Financial fixed assets +€20,000
new in 2025: €20,000
- Other debts +€267,200
up €267,200 (+12355.0%), from €2,163 to €269,363
- Profit (loss) carried forward -€203,495
down €203,495 (-87.5%), from €232,590 to €29,095
- Gross operating margin +€11,707
up €11,707 (+9.9%), from €118,269 to €129,976
- Taxes +€2,848
up €2,848 (+11.4%), from €24,900 to €27,748
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 | €244,780 | €310,429 | +€65,648 | +26.8% |
| Fixed assets | 21/28 | €8,146 | €25,733 | +€17,587 | +215.9% |
| Intangible fixed assets | 21 | €4,773 | €3,649 | -€1,124 | -23.6% |
| Tangible fixed assets | 22/27 | €3,373 | €2,084 | -€1,289 | -38.2% |
| Furniture and vehicles | 24 | €2,255 | €1,441 | -€814 | -36.1% |
| Other tangible fixed assets | 26 | €1,118 | €643 | -€475 | -42.5% |
| Financial fixed assets | 28 | - | €20,000 | +€20,000 | |
| Current assets | 29/58 | €236,635 | €284,696 | +€48,062 | +20.3% |
| Amounts receivable within one year | 40/41 | €37,917 | €17,752 | -€20,164 | -53.2% |
| Trade receivables | 40 | €17,305 | €15,401 | -€1,905 | -11.0% |
| Other amounts receivable | 41 | €20,611 | €2,352 | -€18,260 | -88.6% |
| Cash at bank and in hand | 54/58 | €198,216 | €264,821 | +€66,605 | +33.6% |
| Deferred charges and accrued income | 490/1 | €502 | €2,123 | +€1,621 | +323.0% |
| Total equity and liabilities | 10/49 | €244,780 | €310,429 | +€65,648 | +26.8% |
| Equity | 10/15 | €233,590 | €30,095 | -€203,495 | -87.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,590 | €29,095 | -€203,495 | -87.5% |
| Amounts payable | 17/49 | €11,191 | €280,334 | +€269,143 | +2405.1% |
| Amounts payable within one year | 42/48 | €11,191 | €280,334 | +€269,143 | +2405.1% |
| Trade debts | 44 | €393 | €1,545 | +€1,151 | +292.5% |
| Suppliers | 440/4 | €393 | €1,545 | +€1,151 | +292.5% |
| Taxes, remuneration and social security | 45 | €8,635 | €9,427 | +€792 | +9.2% |
| Taxes | 450/3 | €8,635 | €9,427 | +€792 | +9.2% |
| Other amounts payable | 47/48 | €2,163 | €269,363 | +€267,200 | +12355.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,664 | €2,413 | +€749 | +45.0% |
| Other operating charges | 640/8 | €192 | €400 | +€208 | +108.0% |
| Gross operating margin | 9900 | €118,269 | €129,976 | +€11,707 | +9.9% |
| Operating profit (loss) | 9901 | €116,413 | €127,163 | +€10,751 | +9.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €942 | €914 | -€28 | -2.9% |
| Recurring financial charges | 65 | €942 | €914 | -€28 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €115,471 | €126,254 | +€10,783 | +9.3% |
| Income taxes | 67/77 | €24,900 | €27,748 | +€2,848 | +11.4% |
| Profit (loss) for the period | 9904 | €90,571 | €98,505 | +€7,935 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €90,571 | €98,505 | +€7,935 | +8.8% |
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 6 October 2026 via checked.be.