Resuwood: what changed
What changed
Resuwood
NACE 16.210, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
filed annual accounts (NBB)
Net result for the year
-€3.3m
2024 · -€2.7m-€663,728
Equity
-€715,566
2024 · €792,574-€1.5m
Cash
€8,439
2024 · €26,170-€17,731
Balance sheet total
€4.3m
2024 · €5.9m-€1.6m
Largest movements
Assets
- Receivables within one year -€1.0m
down €1.0m (-97.7%), from €1.1m to €25,129
of which Trade receivables: -€1.0m
- Tangible fixed assets -€388,247
down €388,247 (-9.8%), from €3.9m to €3.6m
of which Leasing and similar rights: -€422,804
- Formation expenses -€109,234
down €109,234 (-100%), from €109,234 to €0
- Stocks and contracts -€90,502
down €90,502 (-12.7%), from €714,760 to €624,258
Equity and liabilities
- Contributions -€2.2m
down €2.2m (-46.1%), from €4.9m to €2.6m
- Other debts +€1.9m
up €1.9m (+180,320%), from €1,031 to €1.9m
- Trade debts -€1.3m
down €1.3m (-88.6%), from €1.5m to €170,756
- Profit (loss) carried forward +€733,752
up €733,752 (+18.0%), from -€4.1m to -€3.3m
- Short-term financial debts -€325,000
down €325,000 (-41.9%), from €775,000 to €450,000
Income statement
- Gross operating margin -€347,567
down €347,567 (-19.3%), from -€1.8m to -€2.1m
- Write-downs +€251,446
new in 2025: €251,446
- Provisions +€125,000
up €125,000, from -€125,000 to €0
- Staff costs +€49,111
up €49,111 (+42.2%), from €116,476 to €165,586
- Financial charges -€25,345
down €25,345 (-12.4%), from €204,303 to €178,958
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
-€2.7m
Gross operating margin
-€347,567
Staff costs
-€49,111
Depreciation
-€3,532
Write-downs
-€251,446
Provisions
-€125,000
Other operating charges
-€1,936
Other operating items
+€89,500
Financial income
+€18
Financial charges
+€25,345
Result 2025
-€3.3m
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
-€1.1m
Investment
-€81,957
Financing
+€1.2m
Cash 2024
€26,170
From operations (derived)
-€1.1m
Net result for the year
-€3.3m
Depreciation
+€579,438
Stocks and contracts
+€90,502
Receivables within one year
+€1.0m
Deferred charges and accrued income
-€32,580
Trade debts
-€1.3m
Tax, wage and social debts
+€4,239
Other debts
+€1.9m
Investment (derived)
-€81,957
Investment in fixed assets (net)
-€81,957
Financing
+€1.2m
Debts after one year
-€314,333
Current portion of long-term debt
-€7,508
Short-term financial debts
-€325,000
Contributions, distributions and other
+€1.8m
Cash 2025
€8,439
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,881,840 | €4,263,644 | -€1.6m | -27.5% |
| Formation expenses | 20 | €109,234 | €0 | -€109,234 | -100% |
| Fixed assets | 21/28 | €3,948,856 | €3,560,609 | -€388,247 | -9.8% |
| Tangible fixed assets | 22/27 | €3,948,856 | €3,560,609 | -€388,247 | -9.8% |
| Plant, machinery and equipment | 23 | €24,409 | €17,920 | -€6,490 | -26.6% |
| Furniture and vehicles | 24 | €6,737 | €4,326 | -€2,411 | -35.8% |
| Leasing and similar rights | 25 | €3,886,505 | €3,463,701 | -€422,804 | -10.9% |
| Other tangible fixed assets | 26 | €31,204 | €74,662 | +€43,458 | +139% |
| Current assets | 29/58 | €1,823,750 | €703,035 | -€1.1m | -61.5% |
| Stocks and contracts in progress | 3 | €714,760 | €624,258 | -€90,502 | -12.7% |
| Stocks | 30/36 | €714,760 | €624,258 | -€90,502 | -12.7% |
| Amounts receivable within one year | 40/41 | €1,070,191 | €25,129 | -€1.0m | -97.7% |
| Trade receivables | 40 | €1,023,430 | €5,006 | -€1.0m | -99.5% |
| Other amounts receivable | 41 | €46,761 | €20,123 | -€26,638 | -57.0% |
| Cash at bank and in hand | 54/58 | €26,170 | €8,439 | -€17,731 | -67.8% |
| Deferred charges and accrued income | 490/1 | €12,629 | €45,209 | +€32,580 | +258% |
| Total equity and liabilities | 10/49 | €5,881,840 | €4,263,644 | -€1.6m | -27.5% |
| Equity | 10/15 | €792,574 | -€715,566 | -€1.5m | |
| Contributions | 10/11 | €4,864,466 | €2,622,574 | -€2.2m | -46.1% |
| Capital | 10 | €4,864,466 | €2,622,574 | -€2.2m | -46.1% |
| Issued capital | 100 | €4,864,466 | €2,622,574 | -€2.2m | -46.1% |
| Profit (loss) carried forward | 14 | -€4,071,892 | -€3,338,140 | +€733,752 | +18.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €5,089,265 | €4,979,209 | -€110,056 | -2.2% |
| Amounts payable after more than one year | 17 | €2,501,743 | €2,187,409 | -€314,333 | -12.6% |
| Financial debts | 170/4 | €2,501,743 | €2,187,409 | -€314,333 | -12.6% |
| Amounts payable within one year | 42/48 | €2,587,523 | €2,791,800 | +€204,277 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €303,200 | €295,692 | -€7,508 | -2.5% |
| Financial debts | 43 | €775,000 | €450,000 | -€325,000 | -41.9% |
| Credit institutions | 430/8 | €775,000 | €450,000 | -€325,000 | -41.9% |
| Trade debts | 44 | €1,497,721 | €170,756 | -€1.3m | -88.6% |
| Suppliers | 440/4 | €1,497,721 | €170,756 | -€1.3m | -88.6% |
| Taxes, remuneration and social security | 45 | €10,571 | €14,810 | +€4,239 | +40.1% |
| Taxes | 450/3 | €0 | €132 | +€132 | |
| Remuneration and social security | 454/9 | €10,571 | €14,678 | +€4,107 | +38.9% |
| Other amounts payable | 47/48 | €1,031 | €1,860,543 | +€1.9m | +180,320% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €4,065 | +€4,065 | |
| Remuneration, social security and pensions | 62 | €116,476 | €165,586 | +€49,111 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575,906 | €579,438 | +€3,532 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €251,446 | +€251,446 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€125,000 | €0 | +€125,000 | |
| Other operating charges | 640/8 | €12,791 | €14,727 | +€1,936 | +15.1% |
| Non-recurring operating charges | 66A | €89,500 | €0 | -€89,500 | -100% |
| Gross operating margin | 9900 | -€1,800,864 | -€2,148,431 | -€347,567 | -19.3% |
| Operating profit (loss) | 9901 | -€2,470,537 | -€3,159,628 | -€689,091 | -27.9% |
| Financial income | 75/76B | €427 | €446 | +€18 | +4.3% |
| Recurring financial income | 75 | €427 | €446 | +€18 | +4.3% |
| Financial charges | 65/66B | €204,303 | €178,958 | -€25,345 | -12.4% |
| Recurring financial charges | 65 | €204,303 | €178,958 | -€25,345 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,674,412 | -€3,338,140 | -€663,728 | -24.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€2,674,412 | -€3,338,140 | -€663,728 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,674,412 | -€3,338,140 | -€663,728 | -24.8% |
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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 3 November 2026 via checked.be.