CJ WOOD: what changed
CJ WOOD
Largest movements
- Tangible fixed assets -€22,588
down €22,588 (-26.1%), from €86,489 to €63,901
of which Leasing and similar rights: -€20,531
- Deferred charges and accrued income +€5,062
up €5,062 (+118%), from €4,299 to €9,361
- Receivables within one year +€4,495
up €4,495 (+107%), from €4,214 to €8,709
of which Trade receivables: +€5,128
- Debts after one year -€17,983
down €17,983 (-29.1%), from €61,705 to €43,722
- Reserves +€10,270
up €10,270 (+36.0%), from €28,506 to €38,776
- Trade debts -€9,644
down €9,644 (-69.3%), from €13,921 to €4,277
- Other debts +€7,845
up €7,845 (+140%), from €5,614 to €13,459
- Tax, wage and social debts -€5,211
no longer reported in 2025 (was €5,211)
of which Taxes: -€3,211
- Gross operating margin +€5,301
up €5,301 (+12.5%), from €42,263 to €47,564
- Financial charges -€1,287
down €1,287 (-14.4%), from €8,958 to €7,671
- Taxes +€1,018
up €1,018 (+31.7%), from €3,211 to €4,229
- Other operating charges -€1,015
down €1,015 (-44.8%), from €2,266 to €1,251
- Financial income -€738
down €738 (-86.2%), from €856 to €118
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,921 | €121,039 | -€13,882 | -10.3% |
| Formation expenses | 20 | €858 | €44 | -€814 | -94.9% |
| Fixed assets | 21/28 | €86,489 | €63,901 | -€22,588 | -26.1% |
| Tangible fixed assets | 22/27 | €86,489 | €63,901 | -€22,588 | -26.1% |
| Plant, machinery and equipment | 23 | €4,362 | €3,987 | -€375 | -8.6% |
| Furniture and vehicles | 24 | €1,685 | €3 | -€1,682 | -99.8% |
| Leasing and similar rights | 25 | €80,442 | €59,911 | -€20,531 | -25.5% |
| Current assets | 29/58 | €47,574 | €57,094 | +€9,520 | +20.0% |
| Amounts receivable within one year | 40/41 | €4,214 | €8,709 | +€4,495 | +107% |
| Trade receivables | 40 | €0 | €5,128 | +€5,128 | |
| Other amounts receivable | 41 | €4,214 | €3,581 | -€633 | -15.0% |
| Cash at bank and in hand | 54/58 | €39,060 | €39,024 | -€36 | -0.1% |
| Deferred charges and accrued income | 490/1 | €4,299 | €9,361 | +€5,062 | +118% |
| Total equity and liabilities | 10/49 | €134,921 | €121,039 | -€13,882 | -10.3% |
| Equity | 10/15 | €31,006 | €41,276 | +€10,270 | +33.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,506 | €38,776 | +€10,270 | +36.0% |
| Distributable reserves | 133 | €28,506 | €38,776 | +€10,270 | +36.0% |
| Amounts payable | 17/49 | €103,915 | €79,763 | -€24,152 | -23.2% |
| Amounts payable after more than one year | 17 | €61,705 | €43,722 | -€17,983 | -29.1% |
| Financial debts | 170/4 | €61,705 | €43,722 | -€17,983 | -29.1% |
| Amounts payable within one year | 42/48 | €41,709 | €35,541 | -€6,168 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €16,962 | €17,805 | +€843 | +5.0% |
| Trade debts | 44 | €13,921 | €4,277 | -€9,644 | -69.3% |
| Suppliers | 440/4 | €13,921 | €4,277 | -€9,644 | -69.3% |
| Taxes, remuneration and social security | 45 | €5,211 | - | -€5,211 | |
| Taxes | 450/3 | €3,211 | - | -€3,211 | |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €5,614 | €13,459 | +€7,845 | +140% |
| Accrued charges and deferred income | 492/3 | €501 | €500 | -€1 | -0.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,805 | €23,402 | +€597 | +2.6% |
| Other operating charges | 640/8 | €2,266 | €1,251 | -€1,015 | -44.8% |
| Gross operating margin | 9900 | €42,263 | €47,564 | +€5,301 | +12.5% |
| Operating profit (loss) | 9901 | €17,193 | €22,911 | +€5,718 | +33.3% |
| Financial income | 75/76B | €856 | €118 | -€738 | -86.2% |
| Recurring financial income | 75 | €856 | €118 | -€738 | -86.2% |
| Financial charges | 65/66B | €8,958 | €7,671 | -€1,287 | -14.4% |
| Recurring financial charges | 65 | €8,958 | €7,671 | -€1,287 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €9,091 | €15,358 | +€6,267 | +68.9% |
| Income taxes | 67/77 | €3,211 | €4,229 | +€1,018 | +31.7% |
| Profit (loss) for the period | 9904 | €5,881 | €11,129 | +€5,248 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,881 | €11,129 | +€5,248 | +89.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.