E-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.
E-WOOD
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Cash -€18,288
down €18,288 (-79.7%), from €22,938 to €4,650
mainly Current investments (-€20,000) and Debts after one year (-€10,623)
- Tangible fixed assets -€8,798
down €8,798 (-4.6%), from €192,263 to €183,466
of which Furniture and vehicles: -€5,575
- Receivables within one year -€2,596
down €2,596 (-15.7%), from €16,545 to €13,949
of which Other amounts receivable: -€5,341
- Debts after one year -€10,623
down €10,623 (-6.4%), from €167,031 to €156,408
of which Other amounts payable: -€167,031
- Current portion of long-term debt -€2,837
down €2,837 (-17.1%), from €16,626 to €13,789
- Financial income -€4,626
down €4,626 (-93.3%), from €4,958 to €332
of which Non-recurring financial income: -€4,922
- Gross operating margin +€4,377
up €4,377 (+27.0%), from €16,192 to €20,569
- Other operating charges +€1,401
new in 2025: €1,401
- Depreciation +€764
up €764 (+9.5%), from €8,034 to €8,798
- Financial charges -€271
down €271 (-3.1%), from €8,848 to €8,576
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 | €246,612 | €235,744 | -€10,868 | -4.4% |
| Fixed assets | 21/28 | €205,263 | €196,466 | -€8,798 | -4.3% |
| Tangible fixed assets | 22/27 | €192,263 | €183,466 | -€8,798 | -4.6% |
| Land and buildings | 22 | €186,688 | €181,448 | -€5,240 | -2.8% |
| Furniture and vehicles | 24 | €5,575 | €0 | -€5,575 | -100% |
| Leasing and similar rights | 25 | - | €2,018 | +€2,018 | |
| Financial fixed assets | 28 | €13,000 | €13,000 | = | 0.0% |
| Current assets | 29/58 | €41,348 | €39,278 | -€2,070 | -5.0% |
| Amounts receivable within one year | 40/41 | €16,545 | €13,949 | -€2,596 | -15.7% |
| Trade receivables | 40 | €9,121 | €11,866 | +€2,745 | +30.1% |
| Other amounts receivable | 41 | €7,423 | €2,083 | -€5,341 | -71.9% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €22,938 | €4,650 | -€18,288 | -79.7% |
| Deferred charges and accrued income | 490/1 | €1,866 | €679 | -€1,187 | -63.6% |
| Total equity and liabilities | 10/49 | €246,612 | €235,744 | -€10,868 | -4.4% |
| Equity | 10/15 | €20,260 | €22,245 | +€1,985 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,872 | €25,872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,012 | €24,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,812 | -€9,827 | +€1,985 | +16.8% |
| Amounts payable | 17/49 | €226,351 | €213,498 | -€12,853 | -5.7% |
| Amounts payable after more than one year | 17 | €167,031 | €156,408 | -€10,623 | -6.4% |
| Financial debts | 170/4 | - | €156,408 | +€156,408 | |
| Other amounts payable | 178/9 | €167,031 | €0 | -€167,031 | -100% |
| Amounts payable within one year | 42/48 | €59,320 | €57,091 | -€2,230 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €16,626 | €13,789 | -€2,837 | -17.1% |
| Trade debts | 44 | €12,495 | €11,411 | -€1,084 | -8.7% |
| Suppliers | 440/4 | €12,495 | €11,411 | -€1,084 | -8.7% |
| Taxes, remuneration and social security | 45 | €1,256 | €787 | -€469 | -37.4% |
| Taxes | 450/3 | - | €787 | +€787 | |
| Remuneration and social security | 454/9 | €1,256 | €0 | -€1,256 | -100% |
| Other amounts payable | 47/48 | €28,943 | €31,103 | +€2,161 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,034 | €8,798 | +€764 | +9.5% |
| Other operating charges | 640/8 | - | €1,401 | +€1,401 | |
| Gross operating margin | 9900 | €16,192 | €20,569 | +€4,377 | +27.0% |
| Operating profit (loss) | 9901 | €8,159 | €10,371 | +€2,212 | +27.1% |
| Financial income | 75/76B | €4,958 | €332 | -€4,626 | -93.3% |
| Recurring financial income | 75 | €35 | €332 | +€297 | +843% |
| Non-recurring financial income | 76B | €4,922 | - | -€4,922 | |
| Financial charges | 65/66B | €8,848 | €8,576 | -€271 | -3.1% |
| Recurring financial charges | 65 | €8,848 | €8,576 | -€271 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €4,269 | €2,126 | -€2,143 | -50.2% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | €4,269 | €1,985 | -€2,284 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,269 | €1,985 | -€2,284 | -53.5% |
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 13 October 2026 via checked.be.