PV WOODS OUTSIDE & INSIDE: 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.
PV WOODS OUTSIDE & INSIDE
Largest movements
- Stocks and contracts -€27,554
down €27,554 (-54.1%), from €50,951 to €23,397
of which Contracts in progress: -€24,510
- Cash +€8,309
up €8,309 (+131%), from €6,355 to €14,664
mainly Stocks and contracts (+€27,554) and Deferred charges and accrued income (+€7,079)
- Deferred charges and accrued income -€7,079
down €7,079 (-83.6%), from €8,471 to €1,391
- Receivables within one year +€5,515
up €5,515 (+335%), from €1,646 to €7,162
of which Other amounts receivable: +€5,515
- Current investments -€2,991
down €2,991 (-85.8%), from €3,488 to €497
- Other debts -€20,826
down €20,826 (-100%), from €20,826 to €0
- Tax, wage and social debts -€4,172
down €4,172 (-51.2%), from €8,142 to €3,970
of which Taxes: -€6,086
- Profit (loss) carried forward +€3,758
up €3,758 (+63.2%), from -€5,951 to -€2,192
- Trade debts +€1,552
up €1,552 (+41.2%), from €3,768 to €5,320
- Accrued charges and deferred income -€1,210
down €1,210 (-100%), from €1,210 to €0
- Gross operating margin +€9,425
up €9,425 (+740%), from €1,273 to €10,698
- Financial charges -€531
down €531 (-22.4%), from €2,369 to €1,837
- Depreciation +€355
up €355 (+9.8%), from €3,642 to €3,997
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 | €81,022 | €60,125 | -€20,898 | -25.8% |
| Fixed assets | 21/28 | €10,112 | €13,014 | +€2,903 | +28.7% |
| Tangible fixed assets | 22/27 | €10,112 | €13,014 | +€2,903 | +28.7% |
| Land and buildings | 22 | €2,722 | €2,381 | -€341 | -12.5% |
| Plant, machinery and equipment | 23 | €6,333 | €10,202 | +€3,870 | +61.1% |
| Furniture and vehicles | 24 | €1,056 | €430 | -€626 | -59.3% |
| Current assets | 29/58 | €70,911 | €47,110 | -€23,801 | -33.6% |
| Stocks and contracts in progress | 3 | €50,951 | €23,397 | -€27,554 | -54.1% |
| Stocks | 30/36 | €13,413 | €10,369 | -€3,044 | -22.7% |
| Contracts in progress | 37 | €37,539 | €13,029 | -€24,510 | -65.3% |
| Amounts receivable within one year | 40/41 | €1,646 | €7,162 | +€5,515 | +335% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,646 | €7,162 | +€5,515 | +335% |
| Current investments | 50/53 | €3,488 | €497 | -€2,991 | -85.8% |
| Cash at bank and in hand | 54/58 | €6,355 | €14,664 | +€8,309 | +131% |
| Deferred charges and accrued income | 490/1 | €8,471 | €1,391 | -€7,079 | -83.6% |
| Total equity and liabilities | 10/49 | €81,022 | €60,125 | -€20,898 | -25.8% |
| Equity | 10/15 | €47,076 | €50,835 | +€3,758 | +8.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,627 | €40,627 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €40,627 | €40,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,951 | -€2,192 | +€3,758 | +63.2% |
| Amounts payable | 17/49 | €33,946 | €9,290 | -€24,656 | -72.6% |
| Amounts payable within one year | 42/48 | €32,736 | €9,290 | -€23,446 | -71.6% |
| Trade debts | 44 | €3,768 | €5,320 | +€1,552 | +41.2% |
| Suppliers | 440/4 | €3,768 | €5,320 | +€1,552 | +41.2% |
| Taxes, remuneration and social security | 45 | €8,142 | €3,970 | -€4,172 | -51.2% |
| Taxes | 450/3 | €8,142 | €2,056 | -€6,086 | -74.8% |
| Remuneration and social security | 454/9 | - | €1,914 | +€1,914 | |
| Other amounts payable | 47/48 | €20,826 | €0 | -€20,826 | -100% |
| Accrued charges and deferred income | 492/3 | €1,210 | €0 | -€1,210 | -100% |
| Remuneration, social security and pensions | 62 | €4 | €0 | -€4 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,642 | €3,997 | +€355 | +9.8% |
| Other operating charges | 640/8 | €1,229 | €1,139 | -€90 | -7.3% |
| Gross operating margin | 9900 | €1,273 | €10,698 | +€9,425 | +740% |
| Operating profit (loss) | 9901 | -€3,602 | €5,561 | +€9,163 | |
| Financial income | 75/76B | €20 | €34 | +€14 | +70.6% |
| Recurring financial income | 75 | €20 | €34 | +€14 | +70.6% |
| Financial charges | 65/66B | €2,369 | €1,837 | -€531 | -22.4% |
| Recurring financial charges | 65 | €2,369 | €1,837 | -€531 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,951 | €3,758 | +€9,709 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,951 | €3,758 | +€9,709 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,951 | €3,758 | +€9,709 |
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.