TAILOR WOOD: what changed
What changed
TAILOR WOOD
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€20,646
2024 · €3,880+€16,766
Equity
€30,198
2024 · €37,553-€7,354
Cash
€39,561
2024 · €13,343+€26,218
Balance sheet total
€139,660
2024 · €114,897+€24,763
Largest movements
Assets
- Cash +€26,218
up €26,218 (+197%), from €13,343 to €39,561
mainly Other debts (+€24,886) and Net result for the year (+€20,646)
- Receivables within one year -€3,513
down €3,513 (-5.3%), from €66,292 to €62,779
of which Trade receivables: -€21,289
- Stocks and contracts +€2,650
up €2,650 (+20.4%), from €13,000 to €15,650
Equity and liabilities
- Other debts +€24,886
up €24,886 (+566%), from €4,399 to €29,286
- Reserves -€7,000
down €7,000 (-41.2%), from €17,000 to €10,000
- Tax, wage and social debts +€6,378
up €6,378 (+56.6%), from €11,260 to €17,638
of which Taxes: +€6,153
- Trade debts +€1,553
up €1,553 (+3.5%), from €44,565 to €46,118
Income statement
- Gross operating margin +€62,259
up €62,259 (+116%), from €53,867 to €116,126
- Staff costs +€25,707
up €25,707 (+74.4%), from €34,530 to €60,237
- Write-downs +€13,898
new in 2025: €13,898
- Taxes +€4,663
up €4,663 (+238%), from €1,962 to €6,625
- Depreciation +€1,403
up €1,403 (+13.9%), from €10,115 to €11,518
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
€3,880
Gross operating margin
+€62,259
Staff costs
-€25,707
Depreciation
-€1,403
Write-downs
-€13,898
Other operating charges
+€151
Financial income
+€1,216
Financial charges
-€1,188
Taxes
-€4,663
Result 2025
€20,646
raises the resultlowers the result
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
+€65,268
Investment
-€11,050
Financing
-€28,000
Cash 2024
€13,343
From operations (derived)
+€65,268
Net result for the year
+€20,646
Depreciation
+€11,518
Stocks and contracts
-€2,650
Receivables within one year
+€3,513
Deferred charges and accrued income
+€124
Trade debts
+€1,553
Tax, wage and social debts
+€6,378
Other debts
+€24,886
Accrued charges and deferred income
-€700
Investment (derived)
-€11,050
Investment in fixed assets (net)
-€11,050
Financing
-€28,000
Contributions, distributions and other
-€28,000
Cash 2025
€39,561
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,897 | €139,660 | +€24,763 | +21.6% |
| Fixed assets | 21/28 | €19,893 | €19,425 | -€468 | -2.4% |
| Tangible fixed assets | 22/27 | €13,893 | €13,425 | -€468 | -3.4% |
| Plant, machinery and equipment | 23 | €4,677 | €2,160 | -€2,517 | -53.8% |
| Furniture and vehicles | 24 | €9,216 | €11,265 | +€2,049 | +22.2% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €95,004 | €120,235 | +€25,231 | +26.6% |
| Stocks and contracts in progress | 3 | €13,000 | €15,650 | +€2,650 | +20.4% |
| Stocks | 30/36 | €13,000 | €15,650 | +€2,650 | +20.4% |
| Amounts receivable within one year | 40/41 | €66,292 | €62,779 | -€3,513 | -5.3% |
| Trade receivables | 40 | €58,842 | €37,554 | -€21,289 | -36.2% |
| Other amounts receivable | 41 | €7,450 | €25,225 | +€17,775 | +239% |
| Cash at bank and in hand | 54/58 | €13,343 | €39,561 | +€26,218 | +197% |
| Deferred charges and accrued income | 490/1 | €2,369 | €2,245 | -€124 | -5.2% |
| Total equity and liabilities | 10/49 | €114,897 | €139,660 | +€24,763 | +21.6% |
| Equity | 10/15 | €37,553 | €30,198 | -€7,354 | -19.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €17,000 | €10,000 | -€7,000 | -41.2% |
| Distributable reserves | 133 | €17,000 | €10,000 | -€7,000 | -41.2% |
| Profit (loss) carried forward | 14 | €553 | €198 | -€354 | -64.1% |
| Amounts payable | 17/49 | €77,344 | €109,461 | +€32,117 | +41.5% |
| Amounts payable within one year | 42/48 | €60,224 | €93,041 | +€32,817 | +54.5% |
| Trade debts | 44 | €44,565 | €46,118 | +€1,553 | +3.5% |
| Suppliers | 440/4 | €44,565 | €46,118 | +€1,553 | +3.5% |
| Taxes, remuneration and social security | 45 | €11,260 | €17,638 | +€6,378 | +56.6% |
| Taxes | 450/3 | €3,800 | €9,953 | +€6,153 | +162% |
| Remuneration and social security | 454/9 | €7,460 | €7,685 | +€225 | +3.0% |
| Other amounts payable | 47/48 | €4,399 | €29,286 | +€24,886 | +566% |
| Accrued charges and deferred income | 492/3 | €17,120 | €16,420 | -€700 | -4.1% |
| Non-recurring operating income | 76A | - | €785 | +€785 | |
| Remuneration, social security and pensions | 62 | €34,530 | €60,237 | +€25,707 | +74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,115 | €11,518 | +€1,403 | +13.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,898 | +€13,898 | |
| Other operating charges | 640/8 | €215 | €63 | -€151 | -70.5% |
| Gross operating margin | 9900 | €53,867 | €116,126 | +€62,259 | +116% |
| Operating profit (loss) | 9901 | €9,007 | €30,409 | +€21,402 | +238% |
| Financial income | 75/76B | €203 | €1,419 | +€1,216 | +598% |
| Recurring financial income | 75 | €203 | €1,419 | +€1,216 | +598% |
| Financial charges | 65/66B | €3,369 | €4,557 | +€1,188 | +35.3% |
| Recurring financial charges | 65 | €3,369 | €4,557 | +€1,188 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €5,842 | €27,271 | +€21,429 | +367% |
| Income taxes | 67/77 | €1,962 | €6,625 | +€4,663 | +238% |
| Profit (loss) for the period | 9904 | €3,880 | €20,646 | +€16,766 | +432% |
| Profit (loss) for the period to be appropriated | 9905 | €3,880 | €20,646 | +€16,766 | +432% |
Next steps
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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 6 November 2026 via checked.be.