BK Wood: 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.
BK Wood
Largest movements
- Tangible fixed assets -€401,011
down €401,011 (-4.0%), from €9.9m to €9.5m
of which Leasing and similar rights: -€210,504
- Reserves +€584,207
up €584,207 (+65.0%), from €898,410 to €1.5m
of which Distributable reserves: +€584,207
- Debts after one year -€498,597
down €498,597 (-8.8%), from €5.6m to €5.1m
- Current portion of long-term debt -€214,409
down €214,409 (-26.0%), from €825,873 to €611,465
- Other debts -€212,496
down €212,496 (-12.7%), from €1.7m to €1.5m
- Accrued charges and deferred income -€210,763
down €210,763 (-4.5%), from €4.7m to €4.5m
- Financial income -€1.7m
down €1.7m (-77.6%), from €2.2m to €500,149
of which Non-recurring financial income: -€1.7m
- Taxes -€280,391
down €280,391 (-78.3%), from €357,945 to €77,554
- Financial charges -€12,944
down €12,944 (-10.0%), from €129,131 to €116,187
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.
Derived cash bridge
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 | €14,059,431 | €13,527,019 | -€532,413 | -3.8% |
| Fixed assets | 21/28 | €13,337,440 | €12,936,430 | -€401,011 | -3.0% |
| Tangible fixed assets | 22/27 | €9,912,405 | €9,511,395 | -€401,011 | -4.0% |
| Land and buildings | 22 | €4,005,848 | €3,874,135 | -€131,714 | -3.3% |
| Plant, machinery and equipment | 23 | €220,665 | €161,873 | -€58,792 | -26.6% |
| Leasing and similar rights | 25 | €4,785,892 | €4,575,387 | -€210,504 | -4.4% |
| Other tangible fixed assets | 26 | €900,000 | €900,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,425,035 | €3,425,035 | = | 0.0% |
| Current assets | 29/58 | €721,991 | €590,589 | -€131,402 | -18.2% |
| Amounts receivable within one year | 40/41 | €2,055 | €2,055 | = | 0.0% |
| Other amounts receivable | 41 | €2,055 | €2,055 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,704 | €11,722 | -€104,982 | -90.0% |
| Deferred charges and accrued income | 490/1 | €603,231 | €576,812 | -€26,420 | -4.4% |
| Total equity and liabilities | 10/49 | €14,059,431 | €13,527,019 | -€532,413 | -3.8% |
| Equity | 10/15 | €1,198,410 | €1,782,617 | +€584,207 | +48.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €898,410 | €1,482,617 | +€584,207 | +65.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €868,410 | €1,452,617 | +€584,207 | +67.3% |
| Amounts payable | 17/49 | €12,861,022 | €11,744,402 | -€1.1m | -8.7% |
| Amounts payable after more than one year | 17 | €5,634,159 | €5,135,562 | -€498,597 | -8.8% |
| Financial debts | 170/4 | €5,634,159 | €5,135,562 | -€498,597 | -8.8% |
| Amounts payable within one year | 42/48 | €2,531,560 | €2,124,300 | -€407,259 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €825,873 | €611,465 | -€214,409 | -26.0% |
| Trade debts | 44 | €3,337 | €3,950 | +€613 | +18.4% |
| Suppliers | 440/4 | €3,337 | €3,950 | +€613 | +18.4% |
| Taxes, remuneration and social security | 45 | €25,103 | €44,135 | +€19,033 | +75.8% |
| Taxes | 450/3 | €25,103 | €44,135 | +€19,033 | +75.8% |
| Other amounts payable | 47/48 | €1,677,247 | €1,464,751 | -€212,496 | -12.7% |
| Accrued charges and deferred income | 492/3 | €4,695,303 | €4,484,540 | -€210,763 | -4.5% |
| Non-recurring operating income | 76A | €206,581 | €206,581 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406,023 | €401,011 | -€5,013 | -1.2% |
| Other operating charges | 640/8 | €64,457 | €65,087 | +€630 | +1.0% |
| Non-recurring operating charges | 66A | €1,703,658 | €26,420 | -€1.7m | -98.4% |
| Gross operating margin | 9900 | €915,293 | €912,317 | -€2,976 | -0.3% |
| Operating profit (loss) | 9901 | -€1,258,845 | €419,800 | +€1.7m | |
| Financial income | 75/76B | €2,227,981 | €500,149 | -€1.7m | -77.6% |
| Recurring financial income | 75 | €500,000 | €500,149 | +€149 | 0.0% |
| Non-recurring financial income | 76B | €1,727,981 | - | -€1.7m | |
| Financial charges | 65/66B | €129,131 | €116,187 | -€12,944 | -10.0% |
| Recurring financial charges | 65 | €129,131 | €116,187 | -€12,944 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €840,004 | €803,761 | -€36,242 | -4.3% |
| Transfer from deferred taxes | 780 | €1,138,535 | - | -€1.1m | |
| Income taxes | 67/77 | €357,945 | €77,554 | -€280,391 | -78.3% |
| Profit (loss) for the period | 9904 | €1,620,595 | €726,207 | -€894,387 | -55.2% |
| Transfer to tax-exempt reserves | 689 | €853,902 | - | -€853,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €766,693 | €726,207 | -€40,486 | -5.3% |
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 30 October 2026 via checked.be.