Backtowood: 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.
Backtowood
Largest movements
- Cash -€10,280
down €10,280 (-13.7%), from €75,001 to €64,722
mainly Debts after one year (-€35,945) and Advances received (-€25,419)
- Receivables within one year -€8,425
down €8,425 (-72.1%), from €11,691 to €3,266
of which Trade receivables: -€9,037
- Stocks and contracts -€4,718
down €4,718 (-14.6%), from €32,321 to €27,604
- Tangible fixed assets -€3,621
down €3,621 (-20.7%), from €17,470 to €13,849
of which Plant, machinery and equipment: -€1,857
- Deferred charges and accrued income -€3,013
down €3,013 (-35.9%), from €8,396 to €5,384
- Debts after one year -€35,945
down €35,945 (-34.7%), from €103,445 to €67,500
of which Financial debts: -€32,500
- Advances received -€25,419
down €25,419 (-67.4%), from €37,729 to €12,310
- Profit (loss) carried forward +€23,560
up €23,560 (+8.9%), from -€264,097 to -€240,537
- Current portion of long-term debt +€12,435
up €12,435 (+123.6%), from €10,065 to €22,500
- Trade debts -€3,892
down €3,892 (-23.6%), from €16,524 to €12,633
- Staff costs -€46,119
down €46,119 (-18.4%), from €250,038 to €203,919
- Gross operating margin +€18,680
up €18,680 (+7.9%), from €236,693 to €255,373
- Financial charges +€11,472
up €11,472 (+236.9%), from €4,843 to €16,315
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 | €146,312 | €115,008 | -€31,303 | -21.4% |
| Fixed assets | 21/28 | €18,902 | €14,034 | -€4,868 | -25.8% |
| Intangible fixed assets | 21 | €1,432 | €185 | -€1,247 | -87.1% |
| Tangible fixed assets | 22/27 | €17,470 | €13,849 | -€3,621 | -20.7% |
| Plant, machinery and equipment | 23 | €12,773 | €10,916 | -€1,857 | -14.5% |
| Furniture and vehicles | 24 | €4,698 | €2,933 | -€1,764 | -37.6% |
| Current assets | 29/58 | €127,410 | €100,975 | -€26,435 | -20.7% |
| Stocks and contracts in progress | 3 | €32,321 | €27,604 | -€4,718 | -14.6% |
| Stocks | 30/36 | €32,321 | €27,604 | -€4,718 | -14.6% |
| Amounts receivable within one year | 40/41 | €11,691 | €3,266 | -€8,425 | -72.1% |
| Trade receivables | 40 | €11,256 | €2,219 | -€9,037 | -80.3% |
| Other amounts receivable | 41 | €435 | €1,047 | +€612 | +140.8% |
| Cash at bank and in hand | 54/58 | €75,001 | €64,722 | -€10,280 | -13.7% |
| Deferred charges and accrued income | 490/1 | €8,396 | €5,384 | -€3,013 | -35.9% |
| Total equity and liabilities | 10/49 | €146,312 | €115,008 | -€31,303 | -21.4% |
| Equity | 10/15 | -€41,097 | -€17,537 | +€23,560 | +57.3% |
| Contributions | 10/11 | €223,000 | €223,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€264,097 | -€240,537 | +€23,560 | +8.9% |
| Amounts payable | 17/49 | €187,409 | €132,545 | -€54,864 | -29.3% |
| Amounts payable after more than one year | 17 | €103,445 | €67,500 | -€35,945 | -34.7% |
| Financial debts | 170/4 | €100,000 | €67,500 | -€32,500 | -32.5% |
| Other amounts payable | 178/9 | €3,445 | - | -€3,445 | |
| Amounts payable within one year | 42/48 | €77,091 | €61,005 | -€16,086 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €10,065 | €22,500 | +€12,435 | +123.6% |
| Trade debts | 44 | €16,524 | €12,633 | -€3,892 | -23.6% |
| Suppliers | 440/4 | €16,524 | €12,633 | -€3,892 | -23.6% |
| Advances received on contracts in progress | 46 | €37,729 | €12,310 | -€25,419 | -67.4% |
| Taxes, remuneration and social security | 45 | €12,772 | €13,560 | +€788 | +6.2% |
| Taxes | 450/3 | €5,624 | €7,281 | +€1,658 | +29.5% |
| Remuneration and social security | 454/9 | €7,149 | €6,279 | -€870 | -12.2% |
| Other amounts payable | 47/48 | - | €2 | +€2 | |
| Accrued charges and deferred income | 492/3 | €6,873 | €4,041 | -€2,832 | -41.2% |
| Remuneration, social security and pensions | 62 | €250,038 | €203,919 | -€46,119 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,365 | €10,723 | +€1,358 | +14.5% |
| Other operating charges | 640/8 | €910 | €922 | +€12 | +1.3% |
| Gross operating margin | 9900 | €236,693 | €255,373 | +€18,680 | +7.9% |
| Operating profit (loss) | 9901 | -€23,620 | €39,810 | +€63,430 | |
| Financial income | 75/76B | €99 | €65 | -€34 | -34.2% |
| Recurring financial income | 75 | €99 | €65 | -€34 | -34.2% |
| Financial charges | 65/66B | €4,843 | €16,315 | +€11,472 | +236.9% |
| Recurring financial charges | 65 | €4,843 | €16,315 | +€11,472 | +236.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,364 | €23,560 | +€51,924 | |
| Profit (loss) for the period | 9904 | -€28,364 | €23,560 | +€51,924 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,364 | €23,560 | +€51,924 |
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.