ED 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.
ED WOOD
Largest movements
- Cash -€9,064
down €9,064 (-73.6%), from €12,318 to €3,255
mainly Net result for the year (-€19,376) and Trade debts (-€1,115)
- Stocks and contracts -€4,203
down €4,203 (-66.3%), from €6,337 to €2,134
- Tangible fixed assets -€3,506
down €3,506 (-49.0%), from €7,163 to €3,657
of which Plant, machinery and equipment: -€3,098
- Receivables within one year +€899
up €899 (+29.3%), from €3,065 to €3,964
of which Trade receivables: +€3,213
- Profit (loss) carried forward -€19,376
down €19,376 (-28.9%), from -€66,968 to -€86,344
- Other debts +€4,549
up €4,549 (+12.8%), from €35,594 to €40,143
- Trade debts -€1,115
down €1,115 (-27.1%), from €4,115 to €3,000
- Gross operating margin -€21,308
down €21,308, from €7,574 to -€13,733
- Depreciation -€722
down €722 (-13.7%), from €5,286 to €4,564
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 | €37,191 | €21,254 | -€15,937 | -42.9% |
| Fixed assets | 21/28 | €13,983 | €10,477 | -€3,506 | -25.1% |
| Tangible fixed assets | 22/27 | €7,163 | €3,657 | -€3,506 | -49.0% |
| Plant, machinery and equipment | 23 | €6,609 | €3,512 | -€3,098 | -46.9% |
| Furniture and vehicles | 24 | €84 | €31 | -€53 | -63.1% |
| Other tangible fixed assets | 26 | €470 | €114 | -€356 | -75.7% |
| Financial fixed assets | 28 | €6,820 | €6,820 | = | 0.0% |
| Current assets | 29/58 | €23,209 | €10,778 | -€12,431 | -53.6% |
| Stocks and contracts in progress | 3 | €6,337 | €2,134 | -€4,203 | -66.3% |
| Stocks | 30/36 | €6,337 | €2,134 | -€4,203 | -66.3% |
| Amounts receivable within one year | 40/41 | €3,065 | €3,964 | +€899 | +29.3% |
| Trade receivables | 40 | €44 | €3,257 | +€3,213 | +7,382% |
| Other amounts receivable | 41 | €3,022 | €707 | -€2,315 | -76.6% |
| Cash at bank and in hand | 54/58 | €12,318 | €3,255 | -€9,064 | -73.6% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,426 | -€63 | -4.2% |
| Total equity and liabilities | 10/49 | €37,191 | €21,254 | -€15,937 | -42.9% |
| Equity | 10/15 | -€48,368 | -€67,744 | -€19,376 | -40.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,968 | -€86,344 | -€19,376 | -28.9% |
| Amounts payable | 17/49 | €85,559 | €88,998 | +€3,439 | +4.0% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,709 | €43,148 | +€3,439 | +8.7% |
| Trade debts | 44 | €4,115 | €3,000 | -€1,115 | -27.1% |
| Suppliers | 440/4 | €4,115 | €3,000 | -€1,115 | -27.1% |
| Taxes, remuneration and social security | 45 | - | €4 | +€4 | |
| Taxes | 450/3 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | €35,594 | €40,143 | +€4,549 | +12.8% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Non-recurring operating income | 76A | - | €99 | +€99 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,286 | €4,564 | -€722 | -13.7% |
| Other operating charges | 640/8 | €1,171 | €1,083 | -€88 | -7.5% |
| Gross operating margin | 9900 | €7,574 | -€13,733 | -€21,308 | |
| Operating profit (loss) | 9901 | €1,117 | -€19,381 | -€20,498 | |
| Financial income | 75/76B | €103 | €26 | -€77 | -74.3% |
| Recurring financial income | 75 | €103 | €26 | -€77 | -74.3% |
| Financial charges | 65/66B | €20 | €21 | +€2 | +7.8% |
| Recurring financial charges | 65 | €20 | €21 | +€2 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €1,200 | -€19,376 | -€20,576 | |
| Profit (loss) for the period | 9904 | €1,200 | -€19,376 | -€20,576 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,200 | -€19,376 | -€20,576 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.