Young Wolf: 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.
Young Wolf
Largest movements
- Cash +€48,007
up €48,007 (+67.4%), from €71,262 to €119,269
mainly Debts after one year (+€60,000) and Other debts (+€57,136)
- Tangible fixed assets -€11,342
down €11,342 (-34.7%), from €32,715 to €21,373
of which Furniture and vehicles: -€8,474
- Financial fixed assets -€9,300
down €9,300 (-100.0%), from €9,300 to €0
- Receivables within one year +€3,156
up €3,156 (+6.0%), from €52,791 to €55,947
of which Other amounts receivable: +€2,791
- Reserves -€87,127
down €87,127 (-100.0%), from €87,127 to €0
- Debts after one year +€60,000
new in 2025: €60,000
- Other debts +€57,136
up €57,136 (+163.6%), from €34,931 to €92,067
- Accrued charges and deferred income +€2,881
up €2,881 (+82.3%), from €3,501 to €6,382
- Short-term financial debts -€2,771
down €2,771 (-31.4%), from €8,825 to €6,054
- Gross operating margin +€7,062
up €7,062 (+9.1%), from €77,627 to €84,689
- Depreciation +€5,683
up €5,683 (+100.4%), from €5,659 to €11,342
- Financial charges +€2,701
up €2,701 (+46.1%), from €5,855 to €8,556
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 | €167,444 | €199,106 | +€31,663 | +18.9% |
| Fixed assets | 21/28 | €42,015 | €21,373 | -€20,642 | -49.1% |
| Tangible fixed assets | 22/27 | €32,715 | €21,373 | -€11,342 | -34.7% |
| Plant, machinery and equipment | 23 | €6,198 | €4,822 | -€1,376 | -22.2% |
| Furniture and vehicles | 24 | €16,802 | €8,328 | -€8,474 | -50.4% |
| Other tangible fixed assets | 26 | €9,715 | €8,224 | -€1,491 | -15.4% |
| Financial fixed assets | 28 | €9,300 | €0 | -€9,300 | -100.0% |
| Current assets | 29/58 | €125,428 | €177,733 | +€52,305 | +41.7% |
| Amounts receivable within one year | 40/41 | €52,791 | €55,947 | +€3,156 | +6.0% |
| Trade receivables | 40 | €52,585 | €52,950 | +€364 | +0.7% |
| Other amounts receivable | 41 | €206 | €2,997 | +€2,791 | +1356.6% |
| Cash at bank and in hand | 54/58 | €71,262 | €119,269 | +€48,007 | +67.4% |
| Deferred charges and accrued income | 490/1 | €1,375 | €2,517 | +€1,142 | +83.0% |
| Total equity and liabilities | 10/49 | €167,444 | €199,106 | +€31,663 | +18.9% |
| Equity | 10/15 | €97,127 | €10,000 | -€87,127 | -89.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €87,127 | €0 | -€87,127 | -100.0% |
| Distributable reserves | 133 | €87,127 | €0 | -€87,127 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,317 | €189,106 | +€118,790 | +168.9% |
| Amounts payable after more than one year | 17 | - | €60,000 | +€60,000 | |
| Financial debts | 170/4 | - | €60,000 | +€60,000 | |
| Amounts payable within one year | 42/48 | €66,816 | €122,725 | +€55,909 | +83.7% |
| Financial debts | 43 | €8,825 | €6,054 | -€2,771 | -31.4% |
| Credit institutions | 430/8 | €8,825 | €6,054 | -€2,771 | -31.4% |
| Trade debts | 44 | €3,993 | €2,971 | -€1,023 | -25.6% |
| Suppliers | 440/4 | €3,993 | €2,971 | -€1,023 | -25.6% |
| Taxes, remuneration and social security | 45 | €19,066 | €21,632 | +€2,567 | +13.5% |
| Taxes | 450/3 | €14,520 | €17,086 | +€2,567 | +17.7% |
| Remuneration and social security | 454/9 | €4,546 | €4,546 | = | 0.0% |
| Other amounts payable | 47/48 | €34,931 | €92,067 | +€57,136 | +163.6% |
| Accrued charges and deferred income | 492/3 | €3,501 | €6,382 | +€2,881 | +82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,659 | €11,342 | +€5,683 | +100.4% |
| Other operating charges | 640/8 | €805 | €984 | +€178 | +22.1% |
| Non-recurring operating charges | 66A | - | €2,500 | +€2,500 | |
| Gross operating margin | 9900 | €77,627 | €84,689 | +€7,062 | +9.1% |
| Operating profit (loss) | 9901 | €71,163 | €69,863 | -€1,300 | -1.8% |
| Financial income | 75/76B | €0 | €229 | +€229 | +229080.0% |
| Recurring financial income | 75 | €0 | €229 | +€229 | +229080.0% |
| Financial charges | 65/66B | €5,855 | €8,556 | +€2,701 | +46.1% |
| Recurring financial charges | 65 | €5,855 | €8,556 | +€2,701 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €65,308 | €61,536 | -€3,772 | -5.8% |
| Income taxes | 67/77 | €14,794 | €15,072 | +€277 | +1.9% |
| Profit (loss) for the period | 9904 | €50,514 | €46,464 | -€4,050 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,514 | €46,464 | -€4,050 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.