MP 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.
MP Wood
Largest movements
- Cash -€33,097
down €33,097 (-86.7%), from €38,155 to €5,057
mainly Trade debts (-€39,404) and Other debts (-€12,910)
- Tangible fixed assets -€18,022
down €18,022 (-30.7%), from €58,725 to €40,702
of which Furniture and vehicles: -€12,957
- Receivables within one year +€5,358
up €5,358 (+6.5%), from €82,034 to €87,392
of which Trade receivables: +€10,899
- Trade debts -€39,404
down €39,404 (-62.7%), from €62,884 to €23,480
- Other debts -€12,910
down €12,910 (-30.5%), from €42,343 to €29,433
- Reserves +€10,000
up €10,000 (+28.6%), from €35,000 to €45,000
- Current portion of long-term debt +€6,263
up €6,263 (+33.7%), from €18,558 to €24,822
- Tax, wage and social debts -€6,250
down €6,250 (-52.2%), from €11,981 to €5,730
- Turnover -€193,761
down €193,761 (-19.9%), from €973,453 to €779,693
- Purchases and services -€135,392
down €135,392 (-17.2%), from €788,994 to €653,602
- Gross operating margin -€60,657
down €60,657 (-30.5%), from €198,652 to €137,995
- Staff costs -€46,167
down €46,167 (-32.2%), from €143,502 to €97,335
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 | €189,462 | €143,700 | -€45,762 | -24.2% |
| Fixed assets | 21/28 | €62,438 | €44,415 | -€18,022 | -28.9% |
| Tangible fixed assets | 22/27 | €58,725 | €40,702 | -€18,022 | -30.7% |
| Plant, machinery and equipment | 23 | €18,788 | €13,723 | -€5,065 | -27.0% |
| Furniture and vehicles | 24 | €39,937 | €26,979 | -€12,957 | -32.4% |
| Financial fixed assets | 28 | €3,713 | €3,713 | = | 0.0% |
| Current assets | 29/58 | €127,024 | €99,285 | -€27,739 | -21.8% |
| Stocks and contracts in progress | 3 | €6,836 | €6,836 | = | 0.0% |
| Stocks | 30/36 | €6,836 | €6,836 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,034 | €87,392 | +€5,358 | +6.5% |
| Trade receivables | 40 | €75,000 | €85,899 | +€10,899 | +14.5% |
| Other amounts receivable | 41 | €7,034 | €1,493 | -€5,542 | -78.8% |
| Cash at bank and in hand | 54/58 | €38,155 | €5,057 | -€33,097 | -86.7% |
| Total equity and liabilities | 10/49 | €189,462 | €143,700 | -€45,762 | -24.2% |
| Equity | 10/15 | €27,350 | €39,213 | +€11,863 | +43.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €45,000 | +€10,000 | +28.6% |
| Non-distributable reserves | 130/1 | €35,000 | €45,000 | +€10,000 | +28.6% |
| Reserves not available under the articles | 1311 | €35,000 | €45,000 | +€10,000 | +28.6% |
| Profit (loss) carried forward | 14 | -€9,650 | -€7,787 | +€1,863 | +19.3% |
| Amounts payable | 17/49 | €162,112 | €104,487 | -€57,625 | -35.5% |
| Amounts payable after more than one year | 17 | €26,346 | €20,236 | -€6,110 | -23.2% |
| Financial debts | 170/4 | €26,346 | €20,236 | -€6,110 | -23.2% |
| Amounts payable within one year | 42/48 | €135,766 | €84,251 | -€51,515 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €18,558 | €24,822 | +€6,263 | +33.7% |
| Financial debts | 43 | - | €786 | +€786 | |
| Credit institutions | 430/8 | - | €786 | +€786 | |
| Trade debts | 44 | €62,884 | €23,480 | -€39,404 | -62.7% |
| Suppliers | 440/4 | €62,884 | €23,480 | -€39,404 | -62.7% |
| Taxes, remuneration and social security | 45 | €11,981 | €5,730 | -€6,250 | -52.2% |
| Taxes | 450/3 | €11,981 | €5,730 | -€6,250 | -52.2% |
| Other amounts payable | 47/48 | €42,343 | €29,433 | -€12,910 | -30.5% |
| Turnover | 70 | €973,453 | €779,693 | -€193,761 | -19.9% |
| Non-recurring operating income | 76A | €4,594 | €2,306 | -€2,288 | -49.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €788,994 | €653,602 | -€135,392 | -17.2% |
| Remuneration, social security and pensions | 62 | €143,502 | €97,335 | -€46,167 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,528 | €18,772 | -€8,756 | -31.8% |
| Other operating charges | 640/8 | €3,451 | €2,421 | -€1,029 | -29.8% |
| Gross operating margin | 9900 | €198,652 | €137,995 | -€60,657 | -30.5% |
| Operating profit (loss) | 9901 | €24,171 | €19,467 | -€4,705 | -19.5% |
| Financial income | 75/76B | €3 | €239 | +€237 | +9,204% |
| Recurring financial income | 75 | €3 | €239 | +€237 | +9,204% |
| Financial charges | 65/66B | €2,758 | €2,650 | -€108 | -3.9% |
| Recurring financial charges | 65 | €2,758 | €2,650 | -€108 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €21,416 | €17,056 | -€4,360 | -20.4% |
| Income taxes | 67/77 | €5,801 | €5,192 | -€609 | -10.5% |
| Profit (loss) for the period | 9904 | €15,615 | €11,863 | -€3,751 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,615 | €11,863 | -€3,751 | -24.0% |
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 27 October 2026 via checked.be.