SDV WOODprojects: 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.
SDV WOODprojects
Largest movements
- Cash -€9,708
down €9,708 (-59.2%), from €16,400 to €6,692
mainly Net result for the year (-€8,546) and Tax, wage and social debts (-€3,240)
- Receivables within one year -€1,336
down €1,336 (-6.9%), from €19,285 to €17,948
of which Trade receivables: -€3,619
- Stocks and contracts -€747
down €747 (-23.1%), from €3,230 to €2,483
- Tangible fixed assets -€525
down €525 (-30.7%), from €1,714 to €1,188
of which Plant, machinery and equipment: -€279
- Profit (loss) carried forward -€8,546
down €8,546 (-80.9%), from -€10,567 to -€19,112
- Tax, wage and social debts -€3,240
down €3,240 (-76.4%), from €4,241 to €1,001
- Other debts -€3,190
down €3,190 (-10.2%), from €31,153 to €27,964
- Trade debts +€3,072
up €3,072 (+32.5%), from €9,459 to €12,531
- Gross operating margin -€31,559
down €31,559 (-85.2%), from €37,058 to €5,499
- Other operating charges +€10,596
up €10,596 (+389%), from €2,721 to €13,318
- Taxes -€3,744
down €3,744 (-96.2%), from €3,890 to €146
- Depreciation -€939
down €939 (-51.7%), from €1,815 to €876
- Write-downs -€760
down €760, from €380 to -€380
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 | €41,465 | €29,444 | -€12,021 | -29.0% |
| Fixed assets | 21/28 | €1,714 | €1,188 | -€525 | -30.7% |
| Tangible fixed assets | 22/27 | €1,714 | €1,188 | -€525 | -30.7% |
| Plant, machinery and equipment | 23 | €1,428 | €1,149 | -€279 | -19.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €285 | €39 | -€247 | -86.4% |
| Current assets | 29/58 | €39,751 | €28,256 | -€11,496 | -28.9% |
| Stocks and contracts in progress | 3 | €3,230 | €2,483 | -€747 | -23.1% |
| Contracts in progress | 37 | €3,230 | €2,483 | -€747 | -23.1% |
| Amounts receivable within one year | 40/41 | €19,285 | €17,948 | -€1,336 | -6.9% |
| Trade receivables | 40 | €15,408 | €11,789 | -€3,619 | -23.5% |
| Other amounts receivable | 41 | €3,877 | €6,159 | +€2,282 | +58.9% |
| Cash at bank and in hand | 54/58 | €16,400 | €6,692 | -€9,708 | -59.2% |
| Deferred charges and accrued income | 490/1 | €837 | €1,133 | +€296 | +35.4% |
| Total equity and liabilities | 10/49 | €41,465 | €29,444 | -€12,021 | -29.0% |
| Equity | 10/15 | -€3,506 | -€12,051 | -€8,546 | -244% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €861 | €861 | = | 0.0% |
| Non-distributable reserves | 130/1 | €861 | €861 | = | 0.0% |
| Reserves not available under the articles | 1311 | €861 | €861 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,567 | -€19,112 | -€8,546 | -80.9% |
| Amounts payable | 17/49 | €44,971 | €41,496 | -€3,475 | -7.7% |
| Amounts payable within one year | 42/48 | €44,853 | €41,496 | -€3,357 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,459 | €12,531 | +€3,072 | +32.5% |
| Suppliers | 440/4 | €9,459 | €12,531 | +€3,072 | +32.5% |
| Taxes, remuneration and social security | 45 | €4,241 | €1,001 | -€3,240 | -76.4% |
| Taxes | 450/3 | €4,241 | €1,001 | -€3,240 | -76.4% |
| Other amounts payable | 47/48 | €31,153 | €27,964 | -€3,190 | -10.2% |
| Accrued charges and deferred income | 492/3 | €118 | €0 | -€118 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,815 | €876 | -€939 | -51.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €380 | -€380 | -€760 | |
| Other operating charges | 640/8 | €2,721 | €13,318 | +€10,596 | +389% |
| Gross operating margin | 9900 | €37,058 | €5,499 | -€31,559 | -85.2% |
| Operating profit (loss) | 9901 | €32,141 | -€8,315 | -€40,456 | |
| Financial income | 75/76B | €13 | €1 | -€13 | -93.5% |
| Recurring financial income | 75 | €13 | €1 | -€13 | -93.5% |
| Financial charges | 65/66B | €29 | €86 | +€57 | +201% |
| Recurring financial charges | 65 | €29 | €86 | +€57 | +201% |
| Profit (loss) for the period before taxes | 9903 | €32,126 | -€8,400 | -€40,526 | |
| Income taxes | 67/77 | €3,890 | €146 | -€3,744 | -96.2% |
| Profit (loss) for the period | 9904 | €28,237 | -€8,546 | -€36,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,237 | -€8,546 | -€36,782 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.