OAK WOOD PROJECTS: what changed
What changed
OAK WOOD PROJECTS
NACE 43.332, Laying of wooden floor and wall coverings
filed annual accounts (NBB)
Net result for the year
€63,116
2024 · €61,968+€1,148
Equity
€506,249
2024 · €443,966+€62,283
Cash
€247,211
2024 · €200,052+€47,159
Balance sheet total
€568,582
2024 · €570,737-€2,155
Largest movements
Assets
- Tangible fixed assets -€52,853
down €52,853 (-21.3%), from €248,270 to €195,417
of which Furniture and vehicles: -€35,007
- Cash +€47,159
up €47,159 (+23.6%), from €200,052 to €247,211
mainly Net result for the year (+€63,116) and Depreciation (+€54,026)
- Stocks and contracts +€31,387
up €31,387 (+90.8%), from €34,578 to €65,965
- Receivables within one year -€29,775
down €29,775 (-35.7%), from €83,307 to €53,532
of which Trade receivables: -€30,885
Equity and liabilities
- Reserves +€62,283
up €62,283 (+14.7%), from €423,966 to €486,249
of which Distributable reserves: +€62,283
- Trade debts -€47,822
down €47,822 (-71.6%), from €66,748 to €18,926
- Debts after one year -€13,558
down €13,558 (-62.4%), from €21,730 to €8,172
- Current portion of long-term debt -€12,412
down €12,412 (-47.8%), from €25,970 to €13,558
Income statement
- Staff costs -€11,211
down €11,211 (-7.1%), from €157,365 to €146,154
- Taxes +€7,971
up €7,971 (+46.3%), from €17,208 to €25,179
- Depreciation +€5,618
up €5,618 (+11.6%), from €48,408 to €54,026
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.
Result 2024
€61,968
Gross operating margin
+€1,700
Staff costs
+€11,211
Depreciation
-€5,618
Other operating charges
+€459
Other operating items
+€1,105
Financial income
-€620
Financial charges
+€882
Taxes
-€7,971
Result 2025
€63,116
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€76,290
Investment
-€2,328
Financing
-€26,803
Cash 2024
€200,052
From operations (derived)
+€76,290
Net result for the year
+€63,116
Depreciation
+€54,026
Stocks and contracts
-€31,387
Receivables within one year
+€29,775
Deferred charges and accrued income
-€772
Trade debts
-€47,822
Tax, wage and social debts
+€4,270
Other debts
+€5,084
Investment (derived)
-€2,328
Investment in fixed assets (net)
-€2,328
Financing
-€26,803
Debts after one year
-€13,558
Current portion of long-term debt
-€12,412
Contributions, distributions and other
-€833
Cash 2025
€247,211
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €570,737 | €568,582 | -€2,155 | -0.4% |
| Fixed assets | 21/28 | €248,270 | €196,572 | -€51,698 | -20.8% |
| Tangible fixed assets | 22/27 | €248,270 | €195,417 | -€52,853 | -21.3% |
| Land and buildings | 22 | €119,540 | €108,016 | -€11,524 | -9.6% |
| Plant, machinery and equipment | 23 | €7,932 | €1,610 | -€6,322 | -79.7% |
| Furniture and vehicles | 24 | €120,798 | €85,791 | -€35,007 | -29.0% |
| Financial fixed assets | 28 | - | €1,155 | +€1,155 | |
| Current assets | 29/58 | €322,467 | €372,010 | +€49,543 | +15.4% |
| Stocks and contracts in progress | 3 | €34,578 | €65,965 | +€31,387 | +90.8% |
| Stocks | 30/36 | €34,578 | €65,965 | +€31,387 | +90.8% |
| Amounts receivable within one year | 40/41 | €83,307 | €53,532 | -€29,775 | -35.7% |
| Trade receivables | 40 | €70,324 | €39,439 | -€30,885 | -43.9% |
| Other amounts receivable | 41 | €12,983 | €14,093 | +€1,110 | +8.5% |
| Cash at bank and in hand | 54/58 | €200,052 | €247,211 | +€47,159 | +23.6% |
| Deferred charges and accrued income | 490/1 | €4,530 | €5,302 | +€772 | +17.0% |
| Total equity and liabilities | 10/49 | €570,737 | €568,582 | -€2,155 | -0.4% |
| Equity | 10/15 | €443,966 | €506,249 | +€62,283 | +14.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €423,966 | €486,249 | +€62,283 | +14.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €421,966 | €484,249 | +€62,283 | +14.8% |
| Amounts payable | 17/49 | €126,771 | €62,333 | -€64,438 | -50.8% |
| Amounts payable after more than one year | 17 | €21,730 | €8,172 | -€13,558 | -62.4% |
| Financial debts | 170/4 | €21,730 | €8,172 | -€13,558 | -62.4% |
| Amounts payable within one year | 42/48 | €105,041 | €54,161 | -€50,880 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €25,970 | €13,558 | -€12,412 | -47.8% |
| Trade debts | 44 | €66,748 | €18,926 | -€47,822 | -71.6% |
| Suppliers | 440/4 | €66,748 | €18,926 | -€47,822 | -71.6% |
| Taxes, remuneration and social security | 45 | €11,276 | €15,546 | +€4,270 | +37.9% |
| Taxes | 450/3 | €11,225 | €15,546 | +€4,321 | +38.5% |
| Remuneration and social security | 454/9 | €51 | - | -€51 | |
| Other amounts payable | 47/48 | €1,047 | €6,131 | +€5,084 | +486% |
| Remuneration, social security and pensions | 62 | €157,365 | €146,154 | -€11,211 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,408 | €54,026 | +€5,618 | +11.6% |
| Other operating charges | 640/8 | €2,914 | €2,455 | -€459 | -15.8% |
| Non-recurring operating charges | 66A | €1,526 | €421 | -€1,105 | -72.4% |
| Gross operating margin | 9900 | €290,934 | €292,634 | +€1,700 | +0.6% |
| Operating profit (loss) | 9901 | €80,721 | €89,578 | +€8,857 | +11.0% |
| Financial income | 75/76B | €1,084 | €464 | -€620 | -57.2% |
| Recurring financial income | 75 | €1,084 | €464 | -€620 | -57.2% |
| Financial charges | 65/66B | €2,629 | €1,747 | -€882 | -33.5% |
| Recurring financial charges | 65 | €2,629 | €1,747 | -€882 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €79,176 | €88,295 | +€9,119 | +11.5% |
| Income taxes | 67/77 | €17,208 | €25,179 | +€7,971 | +46.3% |
| Profit (loss) for the period | 9904 | €61,968 | €63,116 | +€1,148 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,968 | €63,116 | +€1,148 | +1.9% |
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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 4 November 2026 via checked.be.