WOOD BLASTER: 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 BLASTER
Largest movements
- Cash -€85,877
down €85,877 (-77.2%), from €111,214 to €25,337
mainly Other debts (-€66,128) and Investment in fixed assets (net) (-€59,457)
- Tangible fixed assets -€9,653
down €9,653 (-1.5%), from €656,548 to €646,896
of which Land and buildings: -€26,947
- Receivables within one year +€9,074
up €9,074 (+20.4%), from €44,482 to €53,557
of which Other amounts receivable: +€8,344
- Other debts -€66,128
down €66,128 (-97.2%), from €67,999 to €1,871
- Profit (loss) carried forward -€25,887
down €25,887 (-14.8%), from €175,407 to €149,520
- Current portion of long-term debt +€17,348
up €17,348 (+56.9%), from €30,507 to €47,855
- Debts after one year -€12,210
down €12,210 (-2.7%), from €450,706 to €438,496
of which Financial debts: -€12,210
- Gross operating margin -€30,851
down €30,851 (-9.4%), from €328,083 to €297,232
- Staff costs +€16,115
up €16,115 (+7.4%), from €218,134 to €234,249
- Depreciation -€8,786
down €8,786 (-10.9%), from €80,525 to €71,739
- Financial charges -€3,927
down €3,927 (-27.9%), from €14,076 to €10,149
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €848,875 | €753,602 | -€95,272 | -11.2% |
| Fixed assets | 21/28 | €664,532 | €652,250 | -€12,283 | -1.8% |
| Intangible fixed assets | 21 | €7,659 | €5,029 | -€2,630 | -34.3% |
| Tangible fixed assets | 22/27 | €656,548 | €646,896 | -€9,653 | -1.5% |
| Land and buildings | 22 | €571,947 | €545,000 | -€26,947 | -4.7% |
| Plant, machinery and equipment | 23 | €47,032 | €47,941 | +€910 | +1.9% |
| Furniture and vehicles | 24 | €37,345 | €53,913 | +€16,568 | +44.4% |
| Other tangible fixed assets | 26 | €225 | €42 | -€183 | -81.5% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €184,342 | €101,353 | -€82,990 | -45.0% |
| Stocks and contracts in progress | 3 | €14,881 | €11,004 | -€3,877 | -26.1% |
| Stocks | 30/36 | €14,881 | €11,004 | -€3,877 | -26.1% |
| Amounts receivable within one year | 40/41 | €44,482 | €53,557 | +€9,074 | +20.4% |
| Trade receivables | 40 | €21,594 | €22,324 | +€730 | +3.4% |
| Other amounts receivable | 41 | €22,888 | €31,233 | +€8,344 | +36.5% |
| Cash at bank and in hand | 54/58 | €111,214 | €25,337 | -€85,877 | -77.2% |
| Deferred charges and accrued income | 490/1 | €13,766 | €11,455 | -€2,310 | -16.8% |
| Total equity and liabilities | 10/49 | €848,875 | €753,602 | -€95,272 | -11.2% |
| Equity | 10/15 | €240,619 | €213,106 | -€27,512 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,448 | €18,448 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,662 | €16,662 | = | 0.0% |
| Distributable reserves | 133 | €1,786 | €1,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,407 | €149,520 | -€25,887 | -14.8% |
| Investment grants | 15 | €28,164 | €26,539 | -€1,625 | -5.8% |
| Amounts payable | 17/49 | €608,256 | €540,496 | -€67,760 | -11.1% |
| Amounts payable after more than one year | 17 | €450,706 | €438,496 | -€12,210 | -2.7% |
| Financial debts | 170/4 | €395,706 | €383,496 | -€12,210 | -3.1% |
| Other amounts payable | 178/9 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €157,550 | €102,000 | -€55,550 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €30,507 | €47,855 | +€17,348 | +56.9% |
| Financial debts | 43 | €1,667 | €1,667 | = | 0.0% |
| Other loans | 439 | €1,667 | €1,667 | = | 0.0% |
| Trade debts | 44 | €21,690 | €22,478 | +€788 | +3.6% |
| Suppliers | 440/4 | €21,690 | €22,478 | +€788 | +3.6% |
| Advances received on contracts in progress | 46 | €3,267 | - | -€3,267 | |
| Taxes, remuneration and social security | 45 | €32,419 | €28,129 | -€4,290 | -13.2% |
| Taxes | 450/3 | €1,391 | €67 | -€1,323 | -95.2% |
| Remuneration and social security | 454/9 | €31,029 | €28,061 | -€2,967 | -9.6% |
| Other amounts payable | 47/48 | €67,999 | €1,871 | -€66,128 | -97.2% |
| Remuneration, social security and pensions | 62 | €218,134 | €234,249 | +€16,115 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,525 | €71,739 | -€8,786 | -10.9% |
| Other operating charges | 640/8 | €7,423 | €7,790 | +€366 | +4.9% |
| Non-recurring operating charges | 66A | - | €708 | +€708 | |
| Gross operating margin | 9900 | €328,083 | €297,232 | -€30,851 | -9.4% |
| Operating profit (loss) | 9901 | €22,001 | -€17,254 | -€39,254 | |
| Financial income | 75/76B | €1,636 | €1,665 | +€29 | +1.8% |
| Recurring financial income | 75 | €1,636 | €1,665 | +€29 | +1.8% |
| Financial charges | 65/66B | €14,076 | €10,149 | -€3,927 | -27.9% |
| Recurring financial charges | 65 | €14,076 | €10,149 | -€3,927 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €9,561 | -€25,738 | -€35,298 | |
| Income taxes | 67/77 | €2,821 | €150 | -€2,671 | -94.7% |
| Profit (loss) for the period | 9904 | €6,740 | -€25,887 | -€32,627 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,740 | -€25,887 | -€32,627 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.