LUMBERJACK: what changed
Two fiscal 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.
LUMBERJACK
Largest movements
- Receivables within one year +€34,431
up €34,431 (+618.0%), from €5,571 to €40,002
of which Trade receivables: +€34,431
- Cash -€21,750
down €21,750 (-47.2%), from €46,100 to €24,350
mainly Receivables within one year (-€34,431) and Trade debts (-€3,281)
- Tangible fixed assets -€4,058
down €4,058 (-30.8%), from €13,186 to €9,128
- Tax, wage and social debts +€8,362
up €8,362 (+291.6%), from €2,868 to €11,230
- Reserves +€3,664
up €3,664 (+197.0%), from €1,860 to €5,524
of which Distributable reserves: +€3,664
- Trade debts -€3,281
down €3,281 (-79.5%), from €4,128 to €847
- Other debts -€952
down €952 (-13.6%), from €6,987 to €6,036
- Profit (loss) carried forward +€786
up €786, from -€786 to €0
- Gross operating margin +€14,077
up €14,077 (+766.2%), from €1,837 to €15,915
- Taxes +€2,478
up €2,478 (+223.7%), from €1,108 to €3,586
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.
Cash bridge derived
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 | €68,011 | €76,510 | +€8,499 | +12.5% |
| Fixed assets | 21/28 | €13,186 | €9,128 | -€4,058 | -30.8% |
| Tangible fixed assets | 22/27 | €13,186 | €9,128 | -€4,058 | -30.8% |
| Furniture and vehicles | 24 | €13,186 | €9,128 | -€4,058 | -30.8% |
| Current assets | 29/58 | €54,824 | €67,381 | +€12,557 | +22.9% |
| Amounts receivable within one year | 40/41 | €5,571 | €40,002 | +€34,431 | +618.0% |
| Trade receivables | 40 | €5,571 | €40,002 | +€34,431 | +618.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €46,100 | €24,350 | -€21,750 | -47.2% |
| Deferred charges and accrued income | 490/1 | €3,153 | €3,030 | -€123 | -3.9% |
| Total equity and liabilities | 10/49 | €68,011 | €76,510 | +€8,499 | +12.5% |
| Equity | 10/15 | €19,674 | €24,124 | +€4,450 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,524 | +€3,664 | +197.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | €3,664 | +€3,664 | |
| Profit (loss) carried forward | 14 | -€786 | €0 | +€786 | |
| Amounts payable | 17/49 | €48,336 | €52,386 | +€4,049 | +8.4% |
| Amounts payable after more than one year | 17 | €32,500 | €32,500 | = | 0.0% |
| Other amounts payable | 178/9 | €32,500 | €32,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,836 | €19,486 | +€3,650 | +23.0% |
| Financial debts | 43 | €1,854 | €1,373 | -€480 | -25.9% |
| Credit institutions | 430/8 | €1,854 | €1,373 | -€480 | -25.9% |
| Trade debts | 44 | €4,128 | €847 | -€3,281 | -79.5% |
| Suppliers | 440/4 | €4,128 | €847 | -€3,281 | -79.5% |
| Taxes, remuneration and social security | 45 | €2,868 | €11,230 | +€8,362 | +291.6% |
| Taxes | 450/3 | €2,868 | €11,230 | +€8,362 | +291.6% |
| Other amounts payable | 47/48 | €6,987 | €6,036 | -€952 | -13.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,756 | €6,907 | +€151 | +2.2% |
| Other operating charges | 640/8 | €631 | €734 | +€102 | +16.2% |
| Gross operating margin | 9900 | €1,837 | €15,915 | +€14,077 | +766.2% |
| Operating profit (loss) | 9901 | -€5,550 | €8,274 | +€13,824 | |
| Financial income | 75/76B | €0 | €5 | +€5 | +16900.0% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +16900.0% |
| Financial charges | 65/66B | €187 | €244 | +€56 | +29.9% |
| Recurring financial charges | 65 | €187 | €244 | +€56 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,737 | €8,036 | +€13,773 | |
| Income taxes | 67/77 | €1,108 | €3,586 | +€2,478 | +223.7% |
| Profit (loss) for the period | 9904 | -€6,845 | €4,450 | +€11,295 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,845 | €4,450 | +€11,295 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.