STOLWOOD: what changed
STOLWOOD
Largest movements
- Receivables within one year -€28,678
down €28,678 (-55.2%), from €51,910 to €23,231
of which Trade receivables: -€28,433
- Cash +€8,850
up €8,850 (+160%), from €5,523 to €14,373
mainly Receivables within one year (+€28,678) and Depreciation (+€2,111)
- Tangible fixed assets -€2,111
down €2,111 (-30.9%), from €6,828 to €4,718
of which Furniture and vehicles: -€1,751
- Profit (loss) carried forward -€12,292
down €12,292, from €5,627 to -€6,665
- Tax, wage and social debts -€5,233
down €5,233 (-83.8%), from €6,245 to €1,013
- Other debts -€4,688
down €4,688 (-39.6%), from €11,834 to €7,146
- Gross operating margin -€34,775
down €34,775, from €25,275 to -€9,500
- Taxes -€5,936
down €5,936 (-97.7%), from €6,079 to €143
- Depreciation +€1,237
up €1,237 (+141%), from €874 to €2,111
- Other operating charges -€839
down €839 (-67.1%), from €1,250 to €411
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,893 | €45,228 | -€21,665 | -32.4% |
| Fixed assets | 21/28 | €6,923 | €4,813 | -€2,111 | -30.5% |
| Tangible fixed assets | 22/27 | €6,828 | €4,718 | -€2,111 | -30.9% |
| Plant, machinery and equipment | 23 | €1,724 | €1,364 | -€360 | -20.9% |
| Furniture and vehicles | 24 | €5,104 | €3,354 | -€1,751 | -34.3% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €59,970 | €40,415 | -€19,555 | -32.6% |
| Stocks and contracts in progress | 3 | €2,361 | €2,361 | = | 0.0% |
| Stocks | 30/36 | €2,361 | €2,361 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,910 | €23,231 | -€28,678 | -55.2% |
| Trade receivables | 40 | €48,098 | €19,665 | -€28,433 | -59.1% |
| Other amounts receivable | 41 | €3,812 | €3,566 | -€245 | -6.4% |
| Cash at bank and in hand | 54/58 | €5,523 | €14,373 | +€8,850 | +160% |
| Deferred charges and accrued income | 490/1 | €177 | €450 | +€273 | +155% |
| Total equity and liabilities | 10/49 | €66,893 | €45,228 | -€21,665 | -32.4% |
| Equity | 10/15 | €48,576 | €36,284 | -€12,292 | -25.3% |
| Contributions | 10/11 | €15,360 | €15,360 | = | 0.0% |
| Reserves | 13 | €27,589 | €27,589 | = | 0.0% |
| Tax-exempt reserves | 132 | €739 | €739 | = | 0.0% |
| Distributable reserves | 133 | €26,850 | €26,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,627 | -€6,665 | -€12,292 | |
| Amounts payable | 17/49 | €18,317 | €8,943 | -€9,374 | -51.2% |
| Amounts payable within one year | 42/48 | €18,317 | €8,943 | -€9,374 | -51.2% |
| Trade debts | 44 | €237 | €785 | +€547 | +231% |
| Suppliers | 440/4 | €237 | €785 | +€547 | +231% |
| Taxes, remuneration and social security | 45 | €6,245 | €1,013 | -€5,233 | -83.8% |
| Taxes | 450/3 | €6,245 | €1,013 | -€5,233 | -83.8% |
| Other amounts payable | 47/48 | €11,834 | €7,146 | -€4,688 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €2,111 | +€1,237 | +141% |
| Other operating charges | 640/8 | €1,250 | €411 | -€839 | -67.1% |
| Gross operating margin | 9900 | €25,275 | -€9,500 | -€34,775 | |
| Operating profit (loss) | 9901 | €23,151 | -€12,022 | -€35,172 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €172 | €128 | -€44 | -25.8% |
| Recurring financial charges | 65 | €172 | €128 | -€44 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €22,979 | -€12,149 | -€35,128 | |
| Income taxes | 67/77 | €6,079 | €143 | -€5,936 | -97.7% |
| Profit (loss) for the period | 9904 | €16,900 | -€12,292 | -€29,192 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,900 | -€12,292 | -€29,192 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.