REDWOOD CAPITAL: 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.
REDWOOD CAPITAL
Largest movements
- Receivables within one year +€5,289
up €5,289 (+141,803%), from €4 to €5,293
of which Trade receivables: +€5,293
- Cash -€160
down €160 (-46.4%), from €344 to €185
mainly Net result for the year (-€38,377) and Trade debts (-€32,704)
- Other debts +€76,210
up €76,210 (+2,863%), from €2,662 to €78,872
- Profit (loss) carried forward -€38,377
down €38,377 (-107%), from -€35,943 to -€74,320
- Trade debts -€32,704
down €32,704 (-97.3%), from €33,629 to €924
- Gross operating margin -€11,931
down €11,931 (-65.0%), from -€18,356 to -€30,287
- Other operating charges +€7,084
up €7,084 (+1,829%), from €387 to €7,471
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 | €348 | €5,478 | +€5,129 | +1,473% |
| Current assets | 29/58 | €348 | €5,478 | +€5,129 | +1,473% |
| Amounts receivable within one year | 40/41 | €4 | €5,293 | +€5,289 | +141,803% |
| Trade receivables | 40 | - | €5,293 | +€5,293 | |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100% |
| Cash at bank and in hand | 54/58 | €344 | €185 | -€160 | -46.4% |
| Total equity and liabilities | 10/49 | €348 | €5,478 | +€5,129 | +1,473% |
| Equity | 10/15 | -€35,942 | -€74,319 | -€38,377 | -107% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,943 | -€74,320 | -€38,377 | -107% |
| Amounts payable | 17/49 | €36,290 | €79,797 | +€43,506 | +120% |
| Amounts payable within one year | 42/48 | €36,290 | €79,797 | +€43,506 | +120% |
| Trade debts | 44 | €33,629 | €924 | -€32,704 | -97.3% |
| Suppliers | 440/4 | €33,629 | €924 | -€32,704 | -97.3% |
| Other amounts payable | 47/48 | €2,662 | €78,872 | +€76,210 | +2,863% |
| Other operating charges | 640/8 | €387 | €7,471 | +€7,084 | +1,829% |
| Gross operating margin | 9900 | -€18,356 | -€30,287 | -€11,931 | -65.0% |
| Operating profit (loss) | 9901 | -€18,743 | -€37,758 | -€19,014 | -101% |
| Financial charges | 65/66B | €712 | €619 | -€93 | -13.1% |
| Recurring financial charges | 65 | €712 | €619 | -€93 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,455 | -€38,377 | -€18,921 | -97.3% |
| Profit (loss) for the period | 9904 | -€19,455 | -€38,377 | -€18,921 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,455 | -€38,377 | -€18,921 | -97.3% |
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 24 October 2026 via checked.be.