TECK WOOD: what changed
TECK WOOD
Largest movements
- Receivables within one year -€32,468
down €32,468 (-34.8%), from €93,227 to €60,758
of which Trade receivables: -€33,729
- Cash +€3,166
up €3,166 (+94.0%), from €3,369 to €6,535
mainly Receivables within one year (+€32,468) and Depreciation (+€4,976)
- Trade debts -€16,754
down €16,754 (-35.1%), from €47,753 to €30,999
- Debts after one year -€8,932
no longer reported in 2025 (was €8,932)
- Current portion of long-term debt -€3,875
down €3,875 (-33.1%), from €11,711 to €7,835
- Tax, wage and social debts +€3,872
up €3,872 (+66.2%), from €5,851 to €9,723
of which Remuneration and social security: +€4,500
- Other debts -€1,487
no longer reported in 2025 (was €1,487)
- Gross operating margin -€45,291
down €45,291 (-83.1%), from €54,515 to €9,224
- Other operating charges -€7,394
down €7,394 (-96.7%), from €7,647 to €253
- Financial charges +€3,487
up €3,487 (+316%), from €1,103 to €4,590
- Depreciation +€798
up €798 (+19.1%), from €4,178 to €4,976
- Taxes +€620
up €620 (+725%), from €86 to €706
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 | €105,727 | €77,276 | -€28,451 | -26.9% |
| Fixed assets | 21/28 | €6,981 | €7,557 | +€575 | +8.2% |
| Tangible fixed assets | 22/27 | €6,981 | €7,557 | +€575 | +8.2% |
| Plant, machinery and equipment | 23 | €1,084 | €5,237 | +€4,153 | +383% |
| Furniture and vehicles | 24 | €5,897 | €2,319 | -€3,578 | -60.7% |
| Current assets | 29/58 | €98,746 | €69,720 | -€29,026 | -29.4% |
| Amounts receivable within one year | 40/41 | €93,227 | €60,758 | -€32,468 | -34.8% |
| Trade receivables | 40 | €91,913 | €58,184 | -€33,729 | -36.7% |
| Other amounts receivable | 41 | €1,314 | €2,575 | +€1,261 | +96.0% |
| Cash at bank and in hand | 54/58 | €3,369 | €6,535 | +€3,166 | +94.0% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,427 | +€276 | +12.9% |
| Total equity and liabilities | 10/49 | €105,727 | €77,276 | -€28,451 | -26.9% |
| Equity | 10/15 | €29,993 | €28,719 | -€1,274 | -4.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,007 | -€22,281 | -€1,274 | -6.1% |
| Amounts payable | 17/49 | €75,734 | €48,558 | -€27,177 | -35.9% |
| Amounts payable after more than one year | 17 | €8,932 | - | -€8,932 | |
| Financial debts | 170/4 | €8,932 | - | -€8,932 | |
| Amounts payable within one year | 42/48 | €66,802 | €48,558 | -€18,244 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €11,711 | €7,835 | -€3,875 | -33.1% |
| Trade debts | 44 | €47,753 | €30,999 | -€16,754 | -35.1% |
| Suppliers | 440/4 | €47,753 | €30,999 | -€16,754 | -35.1% |
| Taxes, remuneration and social security | 45 | €5,851 | €9,723 | +€3,872 | +66.2% |
| Taxes | 450/3 | €2,351 | €1,723 | -€628 | -26.7% |
| Remuneration and social security | 454/9 | €3,500 | €8,000 | +€4,500 | +129% |
| Other amounts payable | 47/48 | €1,487 | - | -€1,487 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,178 | €4,976 | +€798 | +19.1% |
| Other operating charges | 640/8 | €7,647 | €253 | -€7,394 | -96.7% |
| Non-recurring operating charges | 66A | €4,216 | - | -€4,216 | |
| Gross operating margin | 9900 | €54,515 | €9,224 | -€45,291 | -83.1% |
| Operating profit (loss) | 9901 | €38,475 | €3,995 | -€34,479 | -89.6% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €1,103 | €4,590 | +€3,487 | +316% |
| Recurring financial charges | 65 | €1,103 | €4,590 | +€3,487 | +316% |
| Profit (loss) for the period before taxes | 9903 | €37,372 | -€568 | -€37,940 | |
| Income taxes | 67/77 | €86 | €706 | +€620 | +725% |
| Profit (loss) for the period | 9904 | €37,286 | -€1,274 | -€38,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,286 | -€1,274 | -€38,560 |
Next steps
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 5 November 2026 via checked.be.