WOOD & BUILD: 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 & BUILD
Largest movements
- Receivables within one year -€161,495
down €161,495 (-77.8%), from €207,632 to €46,137
of which Trade receivables: -€181,899
- Stocks and contracts +€143,093
up €143,093 (+67.7%), from €211,270 to €354,363
of which Stocks: +€128,093
- Tangible fixed assets -€74,860
down €74,860 (-16.6%), from €451,319 to €376,459
of which Plant, machinery and equipment: -€117,122
- Cash -€58,954
down €58,954 (-22.4%), from €262,711 to €203,757
mainly Advances received (-€170,940) and Stocks and contracts (-€143,093)
- Advances received -€170,940
no longer reported in 2025 (was €170,940)
- Other debts +€128,193
up €128,193 (+128%), from €100,150 to €228,343
- Reserves -€94,045
down €94,045 (-15.0%), from €626,464 to €532,419
- Trade debts +€74,547
up €74,547 (+88.9%), from €83,844 to €158,391
- Current portion of long-term debt -€50,687
down €50,687 (-58.0%), from €87,322 to €36,635
- Gross operating margin -€114,810
down €114,810 (-28.2%), from €407,807 to €292,997
- Staff costs +€24,470
up €24,470 (+17.6%), from €139,404 to €163,874
- Depreciation +€17,498
up €17,498 (+9.2%), from €189,952 to €207,450
- Taxes -€13,867
down €13,867 (-96.2%), from €14,414 to €547
- Financial charges +€9,414
up €9,414 (+322%), from €2,919 to €12,334
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 | €1,151,570 | €998,774 | -€152,796 | -13.3% |
| Fixed assets | 21/28 | €458,942 | €382,082 | -€76,860 | -16.7% |
| Intangible fixed assets | 21 | €5,148 | €3,148 | -€2,000 | -38.9% |
| Tangible fixed assets | 22/27 | €451,319 | €376,459 | -€74,860 | -16.6% |
| Plant, machinery and equipment | 23 | €228,410 | €111,288 | -€117,122 | -51.3% |
| Furniture and vehicles | 24 | €130,585 | €176,937 | +€46,352 | +35.5% |
| Other tangible fixed assets | 26 | €92,324 | €88,234 | -€4,090 | -4.4% |
| Financial fixed assets | 28 | €2,475 | €2,475 | = | 0.0% |
| Current assets | 29/58 | €692,629 | €616,693 | -€75,936 | -11.0% |
| Stocks and contracts in progress | 3 | €211,270 | €354,363 | +€143,093 | +67.7% |
| Stocks | 30/36 | €83,725 | €211,818 | +€128,093 | +153% |
| Contracts in progress | 37 | €127,545 | €142,545 | +€15,000 | +11.8% |
| Amounts receivable within one year | 40/41 | €207,632 | €46,137 | -€161,495 | -77.8% |
| Trade receivables | 40 | €191,580 | €9,681 | -€181,899 | -94.9% |
| Other amounts receivable | 41 | €16,052 | €36,456 | +€20,405 | +127% |
| Cash at bank and in hand | 54/58 | €262,711 | €203,757 | -€58,954 | -22.4% |
| Deferred charges and accrued income | 490/1 | €11,016 | €12,435 | +€1,419 | +12.9% |
| Total equity and liabilities | 10/49 | €1,151,570 | €998,774 | -€152,796 | -13.3% |
| Equity | 10/15 | €645,064 | €551,019 | -€94,045 | -14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €626,464 | €532,419 | -€94,045 | -15.0% |
| Distributable reserves | 133 | €626,464 | €532,419 | -€94,045 | -15.0% |
| Amounts payable | 17/49 | €506,506 | €447,755 | -€58,751 | -11.6% |
| Amounts payable after more than one year | 17 | €36,635 | - | -€36,635 | |
| Financial debts | 170/4 | €36,635 | - | -€36,635 | |
| Amounts payable within one year | 42/48 | €469,871 | €447,755 | -€22,116 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €87,322 | €36,635 | -€50,687 | -58.0% |
| Trade debts | 44 | €83,844 | €158,391 | +€74,547 | +88.9% |
| Suppliers | 440/4 | €83,844 | €158,391 | +€74,547 | +88.9% |
| Advances received on contracts in progress | 46 | €170,940 | - | -€170,940 | |
| Taxes, remuneration and social security | 45 | €27,616 | €24,387 | -€3,229 | -11.7% |
| Taxes | 450/3 | - | €3,405 | +€3,405 | |
| Remuneration and social security | 454/9 | €27,616 | €20,982 | -€6,634 | -24.0% |
| Other amounts payable | 47/48 | €100,150 | €228,343 | +€128,193 | +128% |
| Non-recurring operating income | 76A | €4,360 | - | -€4,360 | |
| Remuneration, social security and pensions | 62 | €139,404 | €163,874 | +€24,470 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,952 | €207,450 | +€17,498 | +9.2% |
| Other operating charges | 640/8 | €7,632 | €4,102 | -€3,530 | -46.2% |
| Gross operating margin | 9900 | €407,807 | €292,997 | -€114,810 | -28.2% |
| Operating profit (loss) | 9901 | €70,819 | -€82,430 | -€153,249 | |
| Financial income | 75/76B | €1,035 | €1,266 | +€230 | +22.2% |
| Recurring financial income | 75 | €1,035 | €1,266 | +€230 | +22.2% |
| Financial charges | 65/66B | €2,919 | €12,334 | +€9,414 | +322% |
| Recurring financial charges | 65 | €2,919 | €12,334 | +€9,414 | +322% |
| Profit (loss) for the period before taxes | 9903 | €68,935 | -€93,498 | -€162,433 | |
| Income taxes | 67/77 | €14,414 | €547 | -€13,867 | -96.2% |
| Profit (loss) for the period | 9904 | €54,521 | -€94,045 | -€148,566 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,521 | -€94,045 | -€148,566 |
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 29 October 2026 via checked.be.