THE WOODMAN: what changed
What changed
THE WOODMAN
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
filed annual accounts (NBB)
Net result for the year
-€33,625
2024 · -€37,167+€3,542
Equity
-€599,503
2024 · -€565,878-€33,625
Cash
€7,421
2024 · €11,339-€3,918
Balance sheet total
€380,029
2024 · €402,031-€22,002
Largest movements
Assets
- Tangible fixed assets -€23,311
down €23,311 (-6.2%), from €377,015 to €353,704
of which Leasing and similar rights: -€25,740
Equity and liabilities
- Trade debts +€61,442
up €61,442 (+17.1%), from €358,376 to €419,818
- Debts after one year -€48,360
down €48,360 (-10.0%), from €484,149 to €435,789
- Profit (loss) carried forward -€33,625
down €33,625 (-5.7%), from -€585,878 to -€619,503
Income statement
- Financial charges -€1,837
down €1,837 (-14.2%), from €12,972 to €11,135
- Gross operating margin +€1,281
up €1,281 (+20.4%), from €6,283 to €7,563
- Depreciation -€385
down €385 (-1.3%), from €28,832 to €28,447
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
-€37,167
Gross operating margin
+€1,281
Depreciation
+€385
Other operating charges
+€31
Financial income
+€9
Financial charges
+€1,837
Result 2025
-€33,625
raises 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
+€47,685
Investment
-€5,136
Financing
-€46,467
Cash 2024
€11,339
From operations (derived)
+€47,685
Net result for the year
-€33,625
Depreciation
+€28,447
Stocks and contracts
-€3,733
Receivables within one year
+€443
Deferred charges and accrued income
-€1,937
Trade debts
+€61,442
Other debts
-€3,351
Investment (derived)
-€5,136
Investment in fixed assets (net)
-€5,136
Financing
-€46,467
Debts after one year
-€48,360
Current portion of long-term debt
+€1,893
Cash 2025
€7,421
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,031 | €380,029 | -€22,002 | -5.5% |
| Fixed assets | 21/28 | €377,415 | €354,104 | -€23,311 | -6.2% |
| Tangible fixed assets | 22/27 | €377,015 | €353,704 | -€23,311 | -6.2% |
| Plant, machinery and equipment | 23 | €15,138 | €17,567 | +€2,429 | +16.0% |
| Leasing and similar rights | 25 | €361,877 | €336,137 | -€25,740 | -7.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €24,616 | €25,925 | +€1,310 | +5.3% |
| Stocks and contracts in progress | 3 | €6,288 | €10,021 | +€3,733 | +59.4% |
| Stocks | 30/36 | €6,288 | €10,021 | +€3,733 | +59.4% |
| Amounts receivable within one year | 40/41 | €4,629 | €4,185 | -€443 | -9.6% |
| Trade receivables | 40 | €1,140 | €626 | -€514 | -45.1% |
| Other amounts receivable | 41 | €3,489 | €3,559 | +€71 | +2.0% |
| Cash at bank and in hand | 54/58 | €11,339 | €7,421 | -€3,918 | -34.6% |
| Deferred charges and accrued income | 490/1 | €2,360 | €4,298 | +€1,937 | +82.1% |
| Total equity and liabilities | 10/49 | €402,031 | €380,029 | -€22,002 | -5.5% |
| Equity | 10/15 | -€565,878 | -€599,503 | -€33,625 | -5.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€585,878 | -€619,503 | -€33,625 | -5.7% |
| Amounts payable | 17/49 | €967,909 | €979,532 | +€11,624 | +1.2% |
| Amounts payable after more than one year | 17 | €484,149 | €435,789 | -€48,360 | -10.0% |
| Financial debts | 170/4 | €484,149 | €435,789 | -€48,360 | -10.0% |
| Amounts payable within one year | 42/48 | €483,760 | €543,743 | +€59,984 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €46,467 | €48,360 | +€1,893 | +4.1% |
| Trade debts | 44 | €358,376 | €419,818 | +€61,442 | +17.1% |
| Suppliers | 440/4 | €358,376 | €419,818 | +€61,442 | +17.1% |
| Other amounts payable | 47/48 | €78,916 | €75,565 | -€3,351 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,832 | €28,447 | -€385 | -1.3% |
| Other operating charges | 640/8 | €1,669 | €1,638 | -€31 | -1.8% |
| Gross operating margin | 9900 | €6,283 | €7,563 | +€1,281 | +20.4% |
| Operating profit (loss) | 9901 | -€24,218 | -€22,522 | +€1,696 | +7.0% |
| Financial income | 75/76B | €23 | €32 | +€9 | +40.3% |
| Recurring financial income | 75 | €23 | €32 | +€9 | +40.3% |
| Financial charges | 65/66B | €12,972 | €11,135 | -€1,837 | -14.2% |
| Recurring financial charges | 65 | €12,972 | €11,135 | -€1,837 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€37,167 | -€33,625 | +€3,542 | +9.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€37,167 | -€33,625 | +€3,542 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,167 | -€33,625 | +€3,542 | +9.5% |
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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 2 November 2026 via checked.be.