WOOD CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year -€7,785
down €7,785 (-11.6%), from €67,261 to €59,476
of which Trade receivables: -€16,735
- Tangible fixed assets -€1,735
down €1,735 (-66.1%), from €2,625 to €890
of which Furniture and vehicles: -€1,442
- Trade debts -€21,125
down €21,125 (-70.7%), from €29,878 to €8,752
- Profit (loss) carried forward +€15,080
up €15,080, from -€2,581 to €12,499
- Debts after one year -€4,685
no longer reported in 2024 (was €4,685)
- Accrued charges and deferred income +€4,060
new in 2024: €4,060
- Short-term financial debts -€3,655
down €3,655 (-19.3%), from €18,935 to €15,279
- Gross operating margin +€22,388
up €22,388, from -€591 to €21,797
- Depreciation -€3,500
down €3,500 (-66.9%), from €5,235 to €1,735
- Financial income +€649
up €649 (+29.8%), from €2,181 to €2,830
- Financial charges +€626
up €626 (+14.4%), from €4,340 to €4,966
- Other operating charges -€394
down €394 (-13.6%), from €2,899 to €2,506
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,885 | €60,365 | -€9,520 | -13.6% |
| Fixed assets | 21/28 | €2,625 | €890 | -€1,735 | -66.1% |
| Tangible fixed assets | 22/27 | €2,625 | €890 | -€1,735 | -66.1% |
| Plant, machinery and equipment | 23 | €524 | €231 | -€293 | -56.0% |
| Furniture and vehicles | 24 | €2,101 | €659 | -€1,442 | -68.6% |
| Current assets | 29/58 | €67,261 | €59,476 | -€7,785 | -11.6% |
| Amounts receivable within one year | 40/41 | €67,261 | €59,476 | -€7,785 | -11.6% |
| Trade receivables | 40 | €18,550 | €1,815 | -€16,735 | -90.2% |
| Other amounts receivable | 41 | €48,711 | €57,661 | +€8,950 | +18.4% |
| Total equity and liabilities | 10/49 | €69,885 | €60,365 | -€9,520 | -13.6% |
| Equity | 10/15 | €5,479 | €20,559 | +€15,080 | +275% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,581 | €12,499 | +€15,080 | |
| Amounts payable | 17/49 | €64,407 | €39,806 | -€24,600 | -38.2% |
| Amounts payable after more than one year | 17 | €4,685 | - | -€4,685 | |
| Financial debts | 170/4 | €4,685 | - | -€4,685 | |
| Amounts payable within one year | 42/48 | €59,722 | €35,746 | -€23,976 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €4,300 | €4,685 | +€385 | +9.0% |
| Financial debts | 43 | €18,935 | €15,279 | -€3,655 | -19.3% |
| Credit institutions | 430/8 | €18,935 | €15,279 | -€3,655 | -19.3% |
| Trade debts | 44 | €29,878 | €8,752 | -€21,125 | -70.7% |
| Suppliers | 440/4 | €29,878 | €8,752 | -€21,125 | -70.7% |
| Taxes, remuneration and social security | 45 | €6,610 | €7,030 | +€420 | +6.4% |
| Taxes | 450/3 | €6,610 | €7,030 | +€420 | +6.4% |
| Accrued charges and deferred income | 492/3 | - | €4,060 | +€4,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,235 | €1,735 | -€3,500 | -66.9% |
| Other operating charges | 640/8 | €2,899 | €2,506 | -€394 | -13.6% |
| Gross operating margin | 9900 | -€591 | €21,797 | +€22,388 | |
| Operating profit (loss) | 9901 | -€8,726 | €17,556 | +€26,281 | |
| Financial income | 75/76B | €2,181 | €2,830 | +€649 | +29.8% |
| Recurring financial income | 75 | €2,181 | €2,830 | +€649 | +29.8% |
| Financial charges | 65/66B | €4,340 | €4,966 | +€626 | +14.4% |
| Recurring financial charges | 65 | €4,340 | €4,966 | +€626 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,885 | €15,420 | +€26,305 | |
| Income taxes | 67/77 | €293 | €340 | +€47 | +16.1% |
| Profit (loss) for the period | 9904 | -€11,178 | €15,080 | +€26,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,178 | €15,080 | +€26,258 |
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.