GFP 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.
GFP WOOD
Largest movements
- Financial fixed assets +€872,225
new in 2025: €872,225
- Receivables within one year +€26,344
up €26,344 (+9,545%), from €276 to €26,620
of which Trade receivables: +€26,620
- Cash +€14,111
up €14,111 (+282%), from €5,000 to €19,111
mainly Debts after one year (+€532,138) and Other debts (+€179,865)
- Debts after one year +€532,138
new in 2025: €532,138
- Other debts +€179,865
new in 2025: €179,865
- Current portion of long-term debt +€92,831
new in 2025: €92,831
- Profit (loss) carried forward +€69,242
up €69,242, from -€26 to €69,216
- Tax, wage and social debts +€39,695
new in 2025: €39,695
- Gross operating margin +€112,489
new in 2025: €112,489
- Taxes +€23,072
new in 2025: €23,072
- Financial charges +€19,902
new in 2025: €19,902
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 | €6,614 | €919,021 | +€912,407 | +13,795% |
| Formation expenses | 20 | €1,338 | €1,065 | -€273 | -20.4% |
| Fixed assets | 21/28 | - | €872,225 | +€872,225 | |
| Financial fixed assets | 28 | - | €872,225 | +€872,225 | |
| Current assets | 29/58 | €5,276 | €45,731 | +€40,455 | +767% |
| Amounts receivable within one year | 40/41 | €276 | €26,620 | +€26,344 | +9,545% |
| Trade receivables | 40 | - | €26,620 | +€26,620 | |
| Other amounts receivable | 41 | €276 | - | -€276 | |
| Cash at bank and in hand | 54/58 | €5,000 | €19,111 | +€14,111 | +282% |
| Total equity and liabilities | 10/49 | €6,614 | €919,021 | +€912,407 | +13,795% |
| Equity | 10/15 | €4,974 | €74,216 | +€69,242 | +1,392% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26 | €69,216 | +€69,242 | |
| Amounts payable | 17/49 | €1,640 | €844,805 | +€843,165 | +51,413% |
| Amounts payable after more than one year | 17 | - | €532,138 | +€532,138 | |
| Financial debts | 170/4 | - | €532,138 | +€532,138 | |
| Amounts payable within one year | 42/48 | €1,640 | €312,667 | +€311,027 | +18,965% |
| Current portion of amounts payable after more than one year | 42 | - | €92,831 | +€92,831 | |
| Trade debts | 44 | €1,640 | €276 | -€1,364 | -83.2% |
| Suppliers | 440/4 | €1,640 | €276 | -€1,364 | -83.2% |
| Taxes, remuneration and social security | 45 | - | €39,695 | +€39,695 | |
| Taxes | 450/3 | - | €39,695 | +€39,695 | |
| Other amounts payable | 47/48 | - | €179,865 | +€179,865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | €273 | +€247 | +950% |
| Gross operating margin | 9900 | - | €112,489 | +€112,489 | |
| Operating profit (loss) | 9901 | -€26 | €112,216 | +€112,242 | |
| Financial charges | 65/66B | - | €19,902 | +€19,902 | |
| Recurring financial charges | 65 | - | €19,902 | +€19,902 | |
| Profit (loss) for the period before taxes | 9903 | -€26 | €92,314 | +€92,340 | |
| Income taxes | 67/77 | - | €23,072 | +€23,072 | |
| Profit (loss) for the period | 9904 | -€26 | €69,242 | +€69,268 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26 | €69,242 | +€69,268 |
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 21 October 2026 via checked.be.