READYWOOD: 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.
READYWOOD
Largest movements
- Cash +€38,299
up €38,299 (+236%), from €16,235 to €54,535
mainly Net result for the year (+€36,685) and Other debts (+€1,678)
- Tangible fixed assets +€1,081
new in 2025: €1,081
- Reserves +€36,685
up €36,685 (+218%), from €16,847 to €53,531
- Other debts +€1,678
up €1,678 (+1,525%), from €110 to €1,788
- Trade debts +€1,108
up €1,108 (+219%), from €505 to €1,613
- Gross operating margin +€28,115
up €28,115 (+123%), from €22,788 to €50,903
- Taxes +€9,200
up €9,200 (+197%), from €4,674 to €13,874
- Staff costs -€691
no longer reported in 2025 (was €691)
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 | €19,962 | €59,432 | +€39,470 | +198% |
| Fixed assets | 21/28 | - | €1,081 | +€1,081 | |
| Tangible fixed assets | 22/27 | - | €1,081 | +€1,081 | |
| Plant, machinery and equipment | 23 | - | €1,081 | +€1,081 | |
| Current assets | 29/58 | €19,962 | €58,350 | +€38,388 | +192% |
| Amounts receivable within one year | 40/41 | €3,727 | €3,816 | +€89 | +2.4% |
| Other amounts receivable | 41 | €3,727 | €3,816 | +€89 | +2.4% |
| Cash at bank and in hand | 54/58 | €16,235 | €54,535 | +€38,299 | +236% |
| Total equity and liabilities | 10/49 | €19,962 | €59,432 | +€39,470 | +198% |
| Equity | 10/15 | €19,347 | €56,031 | +€36,685 | +190% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,847 | €53,531 | +€36,685 | +218% |
| Distributable reserves | 133 | €16,847 | €53,531 | +€36,685 | +218% |
| Amounts payable | 17/49 | €615 | €3,400 | +€2,785 | +453% |
| Amounts payable within one year | 42/48 | €615 | €3,400 | +€2,785 | +453% |
| Trade debts | 44 | €505 | €1,613 | +€1,108 | +219% |
| Suppliers | 440/4 | €505 | €1,613 | +€1,108 | +219% |
| Other amounts payable | 47/48 | €110 | €1,788 | +€1,678 | +1,525% |
| Remuneration, social security and pensions | 62 | €691 | - | -€691 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €34 | +€34 | |
| Other operating charges | 640/8 | €597 | €259 | -€338 | -56.6% |
| Gross operating margin | 9900 | €22,788 | €50,903 | +€28,115 | +123% |
| Operating profit (loss) | 9901 | €21,500 | €50,611 | +€29,110 | +135% |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Financial charges | 65/66B | €26 | €52 | +€26 | +99.4% |
| Recurring financial charges | 65 | €26 | €52 | +€26 | +99.4% |
| Profit (loss) for the period before taxes | 9903 | €21,521 | €50,558 | +€29,038 | +135% |
| Income taxes | 67/77 | €4,674 | €13,874 | +€9,200 | +197% |
| Profit (loss) for the period | 9904 | €16,847 | €36,685 | +€19,838 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €16,847 | €36,685 | +€19,838 | +118% |
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 14 October 2026 via checked.be.