I-WOOD: what changed
I-WOOD
Largest movements
- Cash +€406,896
up €406,896 (+203%), from €200,181 to €607,077
mainly Other debts (+€428,951) and Current investments (+€350,000)
- Current investments -€350,000
no longer reported in 2025 (was €350,000)
- Receivables within one year -€24,177
down €24,177 (-99.9%), from €24,200 to €23
of which Trade receivables: -€24,200
- Other debts +€428,951
new in 2025: €428,951
- Profit (loss) carried forward -€370,827
down €370,827 (-73.4%), from €505,172 to €134,345
- Tax, wage and social debts -€25,331
down €25,331 (-38.6%), from €65,635 to €40,304
- Gross operating margin -€62,972
down €62,972 (-26.9%), from €234,012 to €171,040
- Taxes -€14,481
down €14,481 (-25.6%), from €56,486 to €42,005
- Financial income -€5,527
down €5,527 (-49.4%), from €11,195 to €5,668
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €574,381 | €607,100 | +€32,719 | +5.7% |
| Current assets | 29/58 | €574,381 | €607,100 | +€32,719 | +5.7% |
| Amounts receivable within one year | 40/41 | €24,200 | €23 | -€24,177 | -99.9% |
| Trade receivables | 40 | €24,200 | - | -€24,200 | |
| Other amounts receivable | 41 | - | €23 | +€23 | |
| Current investments | 50/53 | €350,000 | - | -€350,000 | |
| Cash at bank and in hand | 54/58 | €200,181 | €607,077 | +€406,896 | +203% |
| Total equity and liabilities | 10/49 | €574,381 | €607,100 | +€32,719 | +5.7% |
| Equity | 10/15 | €508,172 | €137,345 | -€370,827 | -73.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €505,172 | €134,345 | -€370,827 | -73.4% |
| Amounts payable | 17/49 | €66,209 | €469,755 | +€403,546 | +610% |
| Amounts payable within one year | 42/48 | €66,209 | €469,755 | +€403,546 | +610% |
| Trade debts | 44 | €574 | €500 | -€74 | -12.9% |
| Suppliers | 440/4 | €574 | €500 | -€74 | -12.9% |
| Taxes, remuneration and social security | 45 | €65,635 | €40,304 | -€25,331 | -38.6% |
| Taxes | 450/3 | €65,635 | €40,304 | -€25,331 | -38.6% |
| Other amounts payable | 47/48 | - | €428,951 | +€428,951 | |
| Other operating charges | 640/8 | €473 | €487 | +€14 | +3.0% |
| Gross operating margin | 9900 | €234,012 | €171,040 | -€62,972 | -26.9% |
| Operating profit (loss) | 9901 | €233,539 | €170,553 | -€62,986 | -27.0% |
| Financial income | 75/76B | €11,195 | €5,668 | -€5,527 | -49.4% |
| Recurring financial income | 75 | €11,195 | €5,668 | -€5,527 | -49.4% |
| Financial charges | 65/66B | €46 | €43 | -€3 | -6.5% |
| Recurring financial charges | 65 | €46 | €43 | -€3 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €244,688 | €176,178 | -€68,510 | -28.0% |
| Income taxes | 67/77 | €56,486 | €42,005 | -€14,481 | -25.6% |
| Profit (loss) for the period | 9904 | €188,202 | €134,173 | -€54,029 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €188,202 | €134,173 | -€54,029 | -28.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.