WOOD: 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.
WOOD
Largest movements
- Cash -€106,696
down €106,696 (-68.1%), from €156,660 to €49,964
mainly Other debts (-€100,995) and Deferred charges and accrued income (-€33,665)
- Deferred charges and accrued income +€33,665
up €33,665 (+10,189%), from €330 to €33,995
- Receivables within one year +€24,428
up €24,428 (+64.7%), from €37,770 to €62,198
of which Trade receivables: +€29,312
- Stocks and contracts +€12,000
new in 2024: €12,000
- Tangible fixed assets +€3,251
new in 2024: €3,251
- Other debts -€100,995
down €100,995 (-91.3%), from €110,622 to €9,627
- Tax, wage and social debts +€37,728
up €37,728 (+154%), from €24,461 to €62,190
of which Remuneration and social security: +€38,352
- Profit (loss) carried forward +€35,581
up €35,581 (+199%), from €17,847 to €53,428
- Current portion of long-term debt -€3,158
no longer reported in 2024 (was €3,158)
- Trade debts -€2,508
down €2,508 (-8.5%), from €29,487 to €26,979
- Turnover -€301,508
no longer reported in 2024 (was €301,508)
- Purchases and services -€241,081
no longer reported in 2024 (was €241,081)
- Gross operating margin +€51,231
up €51,231 (+84.7%), from €60,486 to €111,717
- Staff costs +€31,421
up €31,421 (+74.9%), from €41,945 to €73,366
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,760 | €161,407 | -€33,353 | -17.1% |
| Fixed assets | 21/28 | - | €3,251 | +€3,251 | |
| Tangible fixed assets | 22/27 | - | €3,251 | +€3,251 | |
| Plant, machinery and equipment | 23 | - | €3,251 | +€3,251 | |
| Current assets | 29/58 | €194,760 | €158,156 | -€36,604 | -18.8% |
| Stocks and contracts in progress | 3 | - | €12,000 | +€12,000 | |
| Stocks | 30/36 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €37,770 | €62,198 | +€24,428 | +64.7% |
| Trade receivables | 40 | €32,886 | €62,198 | +€29,312 | +89.1% |
| Other amounts receivable | 41 | €4,884 | - | -€4,884 | |
| Cash at bank and in hand | 54/58 | €156,660 | €49,964 | -€106,696 | -68.1% |
| Deferred charges and accrued income | 490/1 | €330 | €33,995 | +€33,665 | +10,189% |
| Total equity and liabilities | 10/49 | €194,760 | €161,407 | -€33,353 | -17.1% |
| Equity | 10/15 | €18,347 | €53,928 | +€35,581 | +194% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €500 | €500 | = | 0.0% |
| Other | 1109/19 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,847 | €53,428 | +€35,581 | +199% |
| Amounts payable | 17/49 | €176,413 | €107,479 | -€68,934 | -39.1% |
| Amounts payable after more than one year | 17 | €8,684 | €8,684 | = | 0.0% |
| Financial debts | 170/4 | €8,684 | €8,684 | = | 0.0% |
| Amounts payable within one year | 42/48 | €167,729 | €98,795 | -€68,934 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €3,158 | - | -€3,158 | |
| Trade debts | 44 | €29,487 | €26,979 | -€2,508 | -8.5% |
| Suppliers | 440/4 | €29,487 | €26,979 | -€2,508 | -8.5% |
| Taxes, remuneration and social security | 45 | €24,461 | €62,190 | +€37,728 | +154% |
| Taxes | 450/3 | €9,879 | €9,255 | -€624 | -6.3% |
| Remuneration and social security | 454/9 | €14,583 | €52,935 | +€38,352 | +263% |
| Other amounts payable | 47/48 | €110,622 | €9,627 | -€100,995 | -91.3% |
| Turnover | 70 | €301,508 | - | -€301,508 | |
| Goods, raw materials, services and sundry goods | 60/61 | €241,081 | - | -€241,081 | |
| Remuneration, social security and pensions | 62 | €41,945 | €73,366 | +€31,421 | +74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €141 | +€141 | |
| Other operating charges | 640/8 | €62 | €227 | +€165 | +266% |
| Gross operating margin | 9900 | €60,486 | €111,717 | +€51,231 | +84.7% |
| Operating profit (loss) | 9901 | €18,478 | €37,983 | +€19,505 | +106% |
| Financial charges | 65/66B | €631 | €2,402 | +€1,771 | +281% |
| Recurring financial charges | 65 | €631 | €2,402 | +€1,771 | +281% |
| Profit (loss) for the period before taxes | 9903 | €17,847 | €35,581 | +€17,734 | +99.4% |
| Profit (loss) for the period | 9904 | €17,847 | €35,581 | +€17,734 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,847 | €35,581 | +€17,734 | +99.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.