MT 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.
MT WOOD
Largest movements
- Tangible fixed assets -€10,026
down €10,026 (-70.2%), from €14,284 to €4,258
- Receivables within one year -€197
down €197 (-85.4%), from €231 to €34
- Other debts +€25,473
up €25,473 (+383%), from €6,653 to €32,126
- Short-term financial debts -€22,068
no longer reported in 2025 (was €22,068)
- Profit (loss) carried forward -€13,562
down €13,562 (-62.8%), from -€21,613 to -€35,175
- Investment grants -€602
down €602 (-25.0%), from €2,406 to €1,805
- Trade debts +€536
new in 2025: €536
- Gross operating margin -€7,126
down €7,126, from €6,601 to -€525
- Financial charges +€3,002
up €3,002 (+492%), from €611 to €3,613
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,515 | €4,291 | -€10,224 | -70.4% |
| Fixed assets | 21/28 | €14,284 | €4,258 | -€10,026 | -70.2% |
| Tangible fixed assets | 22/27 | €14,284 | €4,258 | -€10,026 | -70.2% |
| Plant, machinery and equipment | 23 | €14,284 | €4,258 | -€10,026 | -70.2% |
| Current assets | 29/58 | €231 | €34 | -€197 | -85.4% |
| Amounts receivable within one year | 40/41 | €231 | €34 | -€197 | -85.4% |
| Other amounts receivable | 41 | €231 | €34 | -€197 | -85.4% |
| Total equity and liabilities | 10/49 | €14,515 | €4,291 | -€10,224 | -70.4% |
| Equity | 10/15 | -€14,206 | -€28,370 | -€14,164 | -99.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,613 | -€35,175 | -€13,562 | -62.8% |
| Investment grants | 15 | €2,406 | €1,805 | -€602 | -25.0% |
| Amounts payable | 17/49 | €28,721 | €32,662 | +€3,940 | +13.7% |
| Amounts payable within one year | 42/48 | €28,721 | €32,662 | +€3,940 | +13.7% |
| Financial debts | 43 | €22,068 | - | -€22,068 | |
| Credit institutions | 430/8 | €22,068 | - | -€22,068 | |
| Trade debts | 44 | - | €536 | +€536 | |
| Suppliers | 440/4 | - | €536 | +€536 | |
| Other amounts payable | 47/48 | €6,653 | €32,126 | +€25,473 | +383% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,026 | €10,026 | = | 0.0% |
| Gross operating margin | 9900 | €6,601 | -€525 | -€7,126 | |
| Operating profit (loss) | 9901 | -€3,426 | -€10,551 | -€7,126 | -208% |
| Financial income | 75/76B | €602 | €602 | = | 0.0% |
| Recurring financial income | 75 | €602 | €602 | = | 0.0% |
| Financial charges | 65/66B | €611 | €3,613 | +€3,002 | +492% |
| Recurring financial charges | 65 | €611 | €3,613 | +€3,002 | +492% |
| Profit (loss) for the period before taxes | 9903 | -€3,435 | -€13,562 | -€10,128 | -295% |
| Profit (loss) for the period | 9904 | -€3,435 | -€13,562 | -€10,128 | -295% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,435 | -€13,562 | -€10,128 | -295% |
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.