Exotic Timber Trading: 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.
Exotic Timber Trading
Largest movements
- Cash +€206,526
up €206,526 (+62.1%), from €332,324 to €538,850
mainly Net result for the year (+€397,758) and Receivables within one year (+€95,848)
- Receivables within one year -€95,848
down €95,848 (-97.3%), from €98,465 to €2,618
of which Trade receivables: -€98,465
- Tangible fixed assets -€19,901
down €19,901 (-98.1%), from €20,283 to €382
- Reserves +€397,758
new in 2025: €397,758
- Other debts -€317,817
down €317,817 (-95.7%), from €332,269 to €14,452
- Tax, wage and social debts +€8,310
up €8,310 (+34.4%), from €24,127 to €32,437
- Gross operating margin +€84,255
up €84,255 (+18.0%), from €468,786 to €553,041
- Taxes +€21,139
up €21,139 (+19.0%), from €111,244 to €132,382
- Financial charges -€10,735
down €10,735 (-97.8%), from €10,973 to €238
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 | €457,838 | €546,166 | +€88,328 | +19.3% |
| Fixed assets | 21/28 | €20,283 | €382 | -€19,901 | -98.1% |
| Tangible fixed assets | 22/27 | €20,283 | €382 | -€19,901 | -98.1% |
| Furniture and vehicles | 24 | €20,283 | €382 | -€19,901 | -98.1% |
| Current assets | 29/58 | €437,555 | €545,784 | +€108,229 | +24.7% |
| Amounts receivable within one year | 40/41 | €98,465 | €2,618 | -€95,848 | -97.3% |
| Trade receivables | 40 | €98,465 | €0 | -€98,465 | -100% |
| Other amounts receivable | 41 | - | €2,618 | +€2,618 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €332,324 | €538,850 | +€206,526 | +62.1% |
| Deferred charges and accrued income | 490/1 | €6,766 | €4,316 | -€2,450 | -36.2% |
| Total equity and liabilities | 10/49 | €457,838 | €546,166 | +€88,328 | +19.3% |
| Equity | 10/15 | €100,000 | €497,758 | +€397,758 | +398% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €397,758 | +€397,758 | |
| Distributable reserves | 133 | - | €397,758 | +€397,758 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €357,838 | €48,407 | -€309,431 | -86.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €356,523 | €48,407 | -€308,116 | -86.4% |
| Trade debts | 44 | €128 | €1,519 | +€1,391 | +1,089% |
| Suppliers | 440/4 | €128 | €1,519 | +€1,391 | +1,089% |
| Taxes, remuneration and social security | 45 | €24,127 | €32,437 | +€8,310 | +34.4% |
| Taxes | 450/3 | €24,127 | €32,437 | +€8,310 | +34.4% |
| Other amounts payable | 47/48 | €332,269 | €14,452 | -€317,817 | -95.7% |
| Accrued charges and deferred income | 492/3 | €1,315 | €0 | -€1,315 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,901 | €19,901 | = | 0.0% |
| Other operating charges | 640/8 | €2,504 | €2,761 | +€257 | +10.3% |
| Gross operating margin | 9900 | €468,786 | €553,041 | +€84,255 | +18.0% |
| Operating profit (loss) | 9901 | €446,381 | €530,379 | +€83,998 | +18.8% |
| Financial income | 75/76B | €984 | €0 | -€984 | -100.0% |
| Recurring financial income | 75 | €984 | €0 | -€984 | -100.0% |
| Financial charges | 65/66B | €10,973 | €238 | -€10,735 | -97.8% |
| Recurring financial charges | 65 | €10,973 | €238 | -€10,735 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €436,392 | €530,141 | +€93,749 | +21.5% |
| Income taxes | 67/77 | €111,244 | €132,382 | +€21,139 | +19.0% |
| Profit (loss) for the period | 9904 | €325,148 | €397,758 | +€72,610 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €325,148 | €397,758 | +€72,610 | +22.3% |
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 28 October 2026 via checked.be.