JACK 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.
JACK WOOD
Largest movements
- Tangible fixed assets -€13,324
down €13,324 (-3.2%), from €415,946 to €402,622
of which Land and buildings: -€11,481
- Receivables within one year -€9,884
down €9,884 (-36.1%), from €27,346 to €17,462
of which Trade receivables: -€10,673
- Profit (loss) carried forward -€22,797
down €22,797 (-9.0%), from -€253,307 to -€276,105
- Trade debts -€5,903
down €5,903 (-27.5%), from €21,450 to €15,547
- Gross operating margin -€32,464
down €32,464, from €24,462 to -€8,002
- Other operating charges -€1,212
down €1,212 (-69.8%), from €1,737 to €525
- Write-downs +€424
no longer reported in 2025 (was -€424)
- Depreciation +€362
up €362 (+2.7%), from €13,429 to €13,791
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 | €449,291 | €424,539 | -€24,752 | -5.5% |
| Fixed assets | 21/28 | €416,071 | €402,622 | -€13,449 | -3.2% |
| Tangible fixed assets | 22/27 | €415,946 | €402,622 | -€13,324 | -3.2% |
| Land and buildings | 22 | €410,897 | €399,416 | -€11,481 | -2.8% |
| Plant, machinery and equipment | 23 | €2,155 | €1,470 | -€685 | -31.8% |
| Furniture and vehicles | 24 | €2,894 | €1,736 | -€1,158 | -40.0% |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €33,220 | €21,917 | -€11,303 | -34.0% |
| Stocks and contracts in progress | 3 | €3,199 | €3,199 | = | 0.0% |
| Stocks | 30/36 | €3,199 | €3,199 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,346 | €17,462 | -€9,884 | -36.1% |
| Trade receivables | 40 | €27,014 | €16,341 | -€10,673 | -39.5% |
| Other amounts receivable | 41 | €332 | €1,121 | +€789 | +238% |
| Cash at bank and in hand | 54/58 | €2,675 | €1,256 | -€1,419 | -53.1% |
| Total equity and liabilities | 10/49 | €449,291 | €424,539 | -€24,752 | -5.5% |
| Equity | 10/15 | -€246,878 | -€269,676 | -€22,797 | -9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €229 | €229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €229 | €229 | = | 0.0% |
| Reserves not available under the articles | 1311 | €229 | €229 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,307 | -€276,105 | -€22,797 | -9.0% |
| Amounts payable | 17/49 | €696,169 | €694,215 | -€1,954 | -0.3% |
| Amounts payable within one year | 42/48 | €696,169 | €694,215 | -€1,954 | -0.3% |
| Trade debts | 44 | €21,450 | €15,547 | -€5,903 | -27.5% |
| Suppliers | 440/4 | €21,450 | €15,547 | -€5,903 | -27.5% |
| Other amounts payable | 47/48 | €674,719 | €678,667 | +€3,949 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,429 | €13,791 | +€362 | +2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€424 | - | +€424 | |
| Other operating charges | 640/8 | €1,737 | €525 | -€1,212 | -69.8% |
| Gross operating margin | 9900 | €24,462 | -€8,002 | -€32,464 | |
| Operating profit (loss) | 9901 | €9,720 | -€22,318 | -€32,038 | |
| Financial income | 75/76B | €64 | €13 | -€51 | -79.5% |
| Recurring financial income | 75 | €64 | €13 | -€51 | -79.5% |
| Financial charges | 65/66B | €635 | €493 | -€142 | -22.4% |
| Recurring financial charges | 65 | €635 | €493 | -€142 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €9,149 | -€22,797 | -€31,946 | |
| Profit (loss) for the period | 9904 | €9,149 | -€22,797 | -€31,946 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,149 | -€22,797 | -€31,946 |
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 29 October 2026 via checked.be.