Exobois: 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.
What changed
Exobois
NACE 16.210, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€147,651
2024 · -€111,254-€36,397
Equity
€537,752
2024 · €685,403-€147,651
Cash
€23,920
2024 · €36,622-€12,703
Balance sheet total
€2.9m
2024 · €2.4m+€457,477
Largest movements
Assets
- Stocks and contracts +€209,086
up €209,086 (+24.8%), from €842,930 to €1.1m
- Receivables within one year +€180,116
up €180,116 (+25.9%), from €695,231 to €875,346
of which Other amounts receivable: +€221,553
- Tangible fixed assets +€81,688
up €81,688 (+10.0%), from €819,575 to €901,263
of which Leasing and similar rights: +€135,363
Equity and liabilities
- Trade debts +€549,521
up €549,521 (+103%), from €531,030 to €1.1m
- Profit (loss) carried forward -€147,651
down €147,651 (-133%), from -€111,254 to -€258,905
- Debts after one year +€36,788
up €36,788 (+17.5%), from €210,348 to €247,136
- Current portion of long-term debt +€31,824
up €31,824 (+55.7%), from €57,171 to €88,995
Income statement
- Depreciation +€45,511
up €45,511 (+48.8%), from €93,270 to €138,781
- Staff costs +€14,915
up €14,915 (+5.6%), from €266,540 to €281,454
- Other operating charges +€12,938
up €12,938 (+33.1%), from €39,030 to €51,968
- Gross operating margin +€12,073
up €12,073 (+3.6%), from €336,398 to €348,471
- Write-downs -€11,086
new in 2025: -€11,086
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.
Result 2024
-€111,254
Gross operating margin
+€12,073
Staff costs
-€14,915
Depreciation
-€45,511
Write-downs
+€11,086
Other operating charges
-€12,938
Other operating items
-€1,622
Financial income
+€6,529
Financial charges
+€8,455
Taxes
+€445
Result 2025
-€147,651
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€139,154
Investment
-€220,469
Financing
+€68,612
Cash 2024
€36,622
From operations (derived)
+€139,154
Net result for the year
-€147,651
Depreciation
+€138,781
Stocks and contracts
-€209,086
Receivables within one year
-€180,116
Smaller working-capital items
-€1,852
Trade debts
+€549,521
Other debts
-€10,443
Investment (derived)
-€220,469
Investment in fixed assets (net)
-€220,469
Financing
+€68,612
Debts after one year
+€36,788
Current portion of long-term debt
+€31,824
Cash 2025
€23,920
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,404,290 | €2,861,767 | +€457,477 | +19.0% |
| Fixed assets | 21/28 | €824,876 | €906,563 | +€81,688 | +9.9% |
| Tangible fixed assets | 22/27 | €819,575 | €901,263 | +€81,688 | +10.0% |
| Land and buildings | 22 | €181,823 | €174,495 | -€7,328 | -4.0% |
| Plant, machinery and equipment | 23 | €1,964 | €1,547 | -€418 | -21.3% |
| Furniture and vehicles | 24 | €151,596 | €97,283 | -€54,313 | -35.8% |
| Leasing and similar rights | 25 | - | €135,363 | +€135,363 | |
| Other tangible fixed assets | 26 | €484,192 | €492,575 | +€8,382 | +1.7% |
| Financial fixed assets | 28 | €5,301 | €5,301 | = | 0.0% |
| Current assets | 29/58 | €1,579,415 | €1,955,204 | +€375,789 | +23.8% |
| Stocks and contracts in progress | 3 | €842,930 | €1,052,015 | +€209,086 | +24.8% |
| Stocks | 30/36 | €842,930 | €1,052,015 | +€209,086 | +24.8% |
| Amounts receivable within one year | 40/41 | €695,231 | €875,346 | +€180,116 | +25.9% |
| Trade receivables | 40 | €508,958 | €467,521 | -€41,437 | -8.1% |
| Other amounts receivable | 41 | €186,273 | €407,825 | +€221,553 | +119% |
| Cash at bank and in hand | 54/58 | €36,622 | €23,920 | -€12,703 | -34.7% |
| Deferred charges and accrued income | 490/1 | €4,632 | €3,922 | -€710 | -15.3% |
| Total equity and liabilities | 10/49 | €2,404,290 | €2,861,767 | +€457,477 | +19.0% |
| Equity | 10/15 | €685,403 | €537,752 | -€147,651 | -21.5% |
| Contributions | 10/11 | €483,712 | €483,712 | = | 0.0% |
| Capital | 10 | €483,712 | €483,712 | = | 0.0% |
| Issued capital | 100 | €483,712 | €483,712 | = | 0.0% |
| Reserves | 13 | €312,944 | €312,944 | = | 0.0% |
| Non-distributable reserves | 130/1 | €48,901 | €48,901 | = | 0.0% |
| Legal reserve | 130 | €48,371 | €48,371 | = | 0.0% |
| Other | 1319 | €530 | €530 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €259,043 | €259,043 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,254 | -€258,905 | -€147,651 | -133% |
| Amounts payable | 17/49 | €1,718,887 | €2,324,015 | +€605,128 | +35.2% |
| Amounts payable after more than one year | 17 | €210,348 | €247,136 | +€36,788 | +17.5% |
| Financial debts | 170/4 | €210,348 | €247,136 | +€36,788 | +17.5% |
| Amounts payable within one year | 42/48 | €1,499,503 | €2,069,201 | +€569,697 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €57,171 | €88,995 | +€31,824 | +55.7% |
| Financial debts | 43 | €880,000 | €880,000 | = | 0.0% |
| Credit institutions | 430/8 | €880,000 | €880,000 | = | 0.0% |
| Trade debts | 44 | €531,030 | €1,080,551 | +€549,521 | +103% |
| Suppliers | 440/4 | €531,030 | €1,080,551 | +€549,521 | +103% |
| Taxes, remuneration and social security | 45 | €20,860 | €19,655 | -€1,205 | -5.8% |
| Taxes | 450/3 | €718 | €375 | -€343 | -47.8% |
| Remuneration and social security | 454/9 | €20,142 | €19,280 | -€862 | -4.3% |
| Other amounts payable | 47/48 | €10,443 | - | -€10,443 | |
| Accrued charges and deferred income | 492/3 | €9,036 | €7,678 | -€1,357 | -15.0% |
| Remuneration, social security and pensions | 62 | €266,540 | €281,454 | +€14,915 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,270 | €138,781 | +€45,511 | +48.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€11,086 | -€11,086 | |
| Other operating charges | 640/8 | €39,030 | €51,968 | +€12,938 | +33.1% |
| Non-recurring operating charges | 66A | - | €1,622 | +€1,622 | |
| Gross operating margin | 9900 | €336,398 | €348,471 | +€12,073 | +3.6% |
| Operating profit (loss) | 9901 | -€62,442 | -€114,269 | -€51,827 | -83.0% |
| Financial income | 75/76B | €18,301 | €24,831 | +€6,529 | +35.7% |
| Recurring financial income | 75 | €18,301 | €24,831 | +€6,529 | +35.7% |
| Financial charges | 65/66B | €66,770 | €58,315 | -€8,455 | -12.7% |
| Recurring financial charges | 65 | €66,770 | €58,315 | -€8,455 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€110,911 | -€147,753 | -€36,842 | -33.2% |
| Income taxes | 67/77 | €343 | -€102 | -€445 | |
| Profit (loss) for the period | 9904 | -€111,254 | -€147,651 | -€36,397 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,254 | -€147,651 | -€36,397 | -32.7% |
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 17 October 2026 via checked.be.