DB WOOD CONSTRUCT: 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.
DB WOOD CONSTRUCT
Largest movements
- Receivables within one year +€56,824
up €56,824 (+59.3%), from €95,827 to €152,651
of which Other amounts receivable: +€76,729
- Cash +€8,448
new in 2025: €8,448
mainly Net result for the year (+€93,519) and Short-term financial debts (+€18,838)
- Deferred charges and accrued income +€2,054
new in 2025: €2,054
- Reserves +€93,519
up €93,519 (+423.9%), from €22,064 to €115,582
- Trade debts -€39,171
down €39,171 (-82.1%), from €47,698 to €8,527
- Short-term financial debts +€18,838
up €18,838 (+245.4%), from €7,678 to €26,515
- Debts after one year -€3,079
no longer reported in 2025 (was €3,079)
- Tax, wage and social debts -€2,084
down €2,084 (-26.5%), from €7,872 to €5,788
- Gross operating margin +€117,939
up €117,939 (+491.0%), from €24,020 to €141,959
- Taxes +€35,497
up €35,497 (+1502.9%), from €2,362 to €37,859
- Other operating charges -€2,043
down €2,043 (-53.7%), from €3,806 to €1,762
- Financial charges -€1,893
down €1,893 (-30.3%), from €6,256 to €4,363
- Depreciation -€1,850
down €1,850 (-29.3%), from €6,319 to €4,469
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 | €111,408 | €178,092 | +€66,683 | +59.9% |
| Fixed assets | 21/28 | €15,581 | €14,939 | -€643 | -4.1% |
| Tangible fixed assets | 22/27 | €15,506 | €14,864 | -€643 | -4.1% |
| Plant, machinery and equipment | 23 | €1,564 | €1,029 | -€535 | -34.2% |
| Furniture and vehicles | 24 | €10,044 | €10,397 | +€353 | +3.5% |
| Other tangible fixed assets | 26 | €3,899 | €3,438 | -€461 | -11.8% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €95,827 | €163,153 | +€67,326 | +70.3% |
| Amounts receivable within one year | 40/41 | €95,827 | €152,651 | +€56,824 | +59.3% |
| Trade receivables | 40 | €78,440 | €58,535 | -€19,905 | -25.4% |
| Other amounts receivable | 41 | €17,387 | €94,116 | +€76,729 | +441.3% |
| Cash at bank and in hand | 54/58 | - | €8,448 | +€8,448 | |
| Deferred charges and accrued income | 490/1 | - | €2,054 | +€2,054 | |
| Total equity and liabilities | 10/49 | €111,408 | €178,092 | +€66,683 | +59.9% |
| Equity | 10/15 | €40,664 | €134,182 | +€93,519 | +230.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,064 | €115,582 | +€93,519 | +423.9% |
| Distributable reserves | 133 | €22,064 | €115,582 | +€93,519 | +423.9% |
| Amounts payable | 17/49 | €70,745 | €43,909 | -€26,835 | -37.9% |
| Amounts payable after more than one year | 17 | €3,079 | - | -€3,079 | |
| Financial debts | 170/4 | €3,079 | - | -€3,079 | |
| Amounts payable within one year | 42/48 | €67,666 | €43,909 | -€23,757 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €4,418 | €3,079 | -€1,339 | -30.3% |
| Financial debts | 43 | €7,678 | €26,515 | +€18,838 | +245.4% |
| Credit institutions | 430/8 | €7,678 | €26,515 | +€18,838 | +245.4% |
| Trade debts | 44 | €47,698 | €8,527 | -€39,171 | -82.1% |
| Suppliers | 440/4 | €47,698 | €8,527 | -€39,171 | -82.1% |
| Taxes, remuneration and social security | 45 | €7,872 | €5,788 | -€2,084 | -26.5% |
| Taxes | 450/3 | €7,872 | €5,788 | -€2,084 | -26.5% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,319 | €4,469 | -€1,850 | -29.3% |
| Other operating charges | 640/8 | €3,806 | €1,762 | -€2,043 | -53.7% |
| Gross operating margin | 9900 | €24,020 | €141,959 | +€117,939 | +491.0% |
| Operating profit (loss) | 9901 | €13,895 | €135,728 | +€121,833 | +876.8% |
| Financial income | 75/76B | €257 | €13 | -€244 | -94.8% |
| Recurring financial income | 75 | €257 | €13 | -€244 | -94.8% |
| Financial charges | 65/66B | €6,256 | €4,363 | -€1,893 | -30.3% |
| Recurring financial charges | 65 | €6,256 | €4,363 | -€1,893 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €7,896 | €131,378 | +€123,482 | +1563.9% |
| Income taxes | 67/77 | €2,362 | €37,859 | +€35,497 | +1502.9% |
| Profit (loss) for the period | 9904 | €5,534 | €93,519 | +€87,985 | +1589.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,534 | €93,519 | +€87,985 | +1589.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.