FB 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.
FB WOOD
Largest movements
- Receivables after one year +€358,562
new in 2025: €358,562
- Financial fixed assets -€320,562
no longer reported in 2025 (was €320,562)
- Tangible fixed assets +€64,967
up €64,967 (+180%), from €36,073 to €101,040
of which Furniture and vehicles: +€65,657
- Receivables within one year -€14,324
down €14,324 (-33.6%), from €42,687 to €28,363
of which Trade receivables: -€14,671
- Deferred charges and accrued income +€13,067
up €13,067 (+311%), from €4,204 to €17,271
- Debts after one year +€36,383
up €36,383 (+175%), from €20,813 to €57,196
- Other debts +€33,045
up €33,045 (+50.6%), from €65,293 to €98,337
- Current portion of long-term debt +€13,006
up €13,006 (+156%), from €8,364 to €21,371
- Trade debts +€10,734
up €10,734 (+63.7%), from €16,838 to €27,572
- Tax, wage and social debts +€8,549
up €8,549 (+167%), from €5,120 to €13,669
- Depreciation +€13,551
up €13,551 (+170%), from €7,980 to €21,531
- Gross operating margin -€13,494
down €13,494 (-23.6%), from €57,147 to €43,653
- Financial income +€11,768
up €11,768 (+16,315%), from €72 to €11,840
- Financial charges +€2,645
up €2,645 (+26.0%), from €10,164 to €12,810
- Taxes -€1,597
down €1,597 (-11.1%), from €14,375 to €12,778
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 | €407,706 | €518,568 | +€110,862 | +27.2% |
| Fixed assets | 21/28 | €356,634 | €101,040 | -€255,594 | -71.7% |
| Tangible fixed assets | 22/27 | €36,073 | €101,040 | +€64,967 | +180% |
| Furniture and vehicles | 24 | €32,994 | €98,651 | +€65,657 | +199% |
| Other tangible fixed assets | 26 | €3,079 | €2,389 | -€690 | -22.4% |
| Financial fixed assets | 28 | €320,562 | - | -€320,562 | |
| Current assets | 29/58 | €51,072 | €417,528 | +€366,456 | +718% |
| Amounts receivable after more than one year | 29 | - | €358,562 | +€358,562 | |
| Other amounts receivable | 291 | - | €358,562 | +€358,562 | |
| Amounts receivable within one year | 40/41 | €42,687 | €28,363 | -€14,324 | -33.6% |
| Trade receivables | 40 | €36,387 | €21,716 | -€14,671 | -40.3% |
| Other amounts receivable | 41 | €6,300 | €6,648 | +€347 | +5.5% |
| Current investments | 50/53 | €492 | - | -€492 | |
| Cash at bank and in hand | 54/58 | €3,688 | €13,332 | +€9,644 | +261% |
| Deferred charges and accrued income | 490/1 | €4,204 | €17,271 | +€13,067 | +311% |
| Total equity and liabilities | 10/49 | €407,706 | €518,568 | +€110,862 | +27.2% |
| Equity | 10/15 | €285,527 | €288,456 | +€2,928 | +1.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €274,947 | €274,947 | = | 0.0% |
| Distributable reserves | 133 | €274,947 | €274,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €580 | €3,508 | +€2,928 | +505% |
| Amounts payable | 17/49 | €122,178 | €230,112 | +€107,934 | +88.3% |
| Amounts payable after more than one year | 17 | €20,813 | €57,196 | +€36,383 | +175% |
| Financial debts | 170/4 | €20,813 | €57,196 | +€36,383 | +175% |
| Amounts payable within one year | 42/48 | €95,615 | €160,948 | +€65,333 | +68.3% |
| Current portion of amounts payable after more than one year | 42 | €8,364 | €21,371 | +€13,006 | +156% |
| Trade debts | 44 | €16,838 | €27,572 | +€10,734 | +63.7% |
| Suppliers | 440/4 | €16,838 | €27,572 | +€10,734 | +63.7% |
| Taxes, remuneration and social security | 45 | €5,120 | €13,669 | +€8,549 | +167% |
| Taxes | 450/3 | €5,120 | €13,669 | +€8,549 | +167% |
| Other amounts payable | 47/48 | €65,293 | €98,337 | +€33,045 | +50.6% |
| Accrued charges and deferred income | 492/3 | €5,751 | €11,968 | +€6,218 | +108% |
| Non-recurring operating income | 76A | - | €12,679 | +€12,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,980 | €21,531 | +€13,551 | +170% |
| Other operating charges | 640/8 | €4,552 | €5,446 | +€894 | +19.6% |
| Gross operating margin | 9900 | €57,147 | €43,653 | -€13,494 | -23.6% |
| Operating profit (loss) | 9901 | €44,615 | €16,676 | -€27,939 | -62.6% |
| Financial income | 75/76B | €72 | €11,840 | +€11,768 | +16,315% |
| Recurring financial income | 75 | €72 | €11,840 | +€11,768 | +16,315% |
| Financial charges | 65/66B | €10,164 | €12,810 | +€2,645 | +26.0% |
| Recurring financial charges | 65 | €10,164 | €12,810 | +€2,645 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €34,522 | €15,706 | -€18,816 | -54.5% |
| Income taxes | 67/77 | €14,375 | €12,778 | -€1,597 | -11.1% |
| Profit (loss) for the period | 9904 | €20,147 | €2,928 | -€17,219 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,147 | €2,928 | -€17,219 | -85.5% |
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 28 October 2026 via checked.be.