ST-Woods: 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.
ST-Woods
Largest movements
- Tangible fixed assets +€83,580
new in 2025: €83,580
of which Furniture and vehicles: +€75,507
- Cash +€32,735
up €32,735 (+1091.2%), from €3,000 to €35,735
mainly Debts after one year (+€46,984) and Net result for the year (+€27,603)
- Debts after one year +€46,984
new in 2025: €46,984
- Reserves +€27,603
new in 2025: €27,603
- Other debts +€18,952
new in 2025: €18,952
- Current portion of long-term debt +€14,498
new in 2025: €14,498
- Tax, wage and social debts +€8,075
new in 2025: €8,075
- Gross operating margin +€52,679
new in 2025: €52,679
- Depreciation +€15,671
new in 2025: €15,671
- Taxes +€7,475
new in 2025: €7,475
- Financial charges +€1,745
new in 2025: €1,745
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
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 | €4,050 | €119,804 | +€115,754 | +2858.1% |
| Formation expenses | 20 | €1,050 | €0 | -€1,050 | -100.0% |
| Fixed assets | 21/28 | - | €83,580 | +€83,580 | |
| Tangible fixed assets | 22/27 | - | €83,580 | +€83,580 | |
| Plant, machinery and equipment | 23 | - | €8,073 | +€8,073 | |
| Furniture and vehicles | 24 | - | €75,507 | +€75,507 | |
| Current assets | 29/58 | €3,000 | €36,224 | +€33,224 | +1107.5% |
| Amounts receivable within one year | 40/41 | - | €489 | +€489 | |
| Other amounts receivable | 41 | - | €489 | +€489 | |
| Cash at bank and in hand | 54/58 | €3,000 | €35,735 | +€32,735 | +1091.2% |
| Total equity and liabilities | 10/49 | €4,050 | €119,804 | +€115,754 | +2858.1% |
| Equity | 10/15 | €3,000 | €30,603 | +€27,603 | +920.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €27,603 | +€27,603 | |
| Distributable reserves | 133 | - | €27,603 | +€27,603 | |
| Amounts payable | 17/49 | €1,050 | €89,201 | +€88,151 | +8395.3% |
| Amounts payable after more than one year | 17 | - | €46,984 | +€46,984 | |
| Financial debts | 170/4 | - | €46,984 | +€46,984 | |
| Amounts payable within one year | 42/48 | €1,050 | €42,217 | +€41,167 | +3920.7% |
| Current portion of amounts payable after more than one year | 42 | - | €14,498 | +€14,498 | |
| Trade debts | 44 | €1,050 | €692 | -€358 | -34.1% |
| Suppliers | 440/4 | €1,050 | €692 | -€358 | -34.1% |
| Taxes, remuneration and social security | 45 | - | €8,075 | +€8,075 | |
| Taxes | 450/3 | - | €8,075 | +€8,075 | |
| Other amounts payable | 47/48 | - | €18,952 | +€18,952 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,671 | +€15,671 | |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | - | €52,679 | +€52,679 | |
| Operating profit (loss) | 9901 | - | €36,823 | +€36,823 | |
| Financial charges | 65/66B | - | €1,745 | +€1,745 | |
| Recurring financial charges | 65 | - | €1,745 | +€1,745 | |
| Profit (loss) for the period before taxes | 9903 | - | €35,078 | +€35,078 | |
| Income taxes | 67/77 | - | €7,475 | +€7,475 | |
| Profit (loss) for the period | 9904 | - | €27,603 | +€27,603 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €27,603 | +€27,603 |
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 10 October 2026 via checked.be.