WOOD IT: what changed
WOOD IT
Largest movements
- Cash -€8,592
down €8,592 (-77.2%), from €11,135 to €2,543
mainly Trade debts (-€9,116) and Investment in fixed assets (net) (-€6,455)
- Tangible fixed assets -€4,616
down €4,616 (-11.5%), from €40,303 to €35,687
of which Leasing and similar rights: -€4,667
- Receivables within one year +€3,502
up €3,502 (+26.2%), from €13,353 to €16,855
of which Other amounts receivable: +€1,959
- Deferred charges and accrued income +€1,294
up €1,294, from €0 to €1,294
- Stocks and contracts -€1,275
down €1,275 (-8.2%), from €15,581 to €14,306
- Trade debts -€9,116
down €9,116 (-66.1%), from €13,788 to €4,672
- Other debts +€7,563
up €7,563 (+299%), from €2,530 to €10,093
- Debts after one year -€4,658
down €4,658 (-31.9%), from €14,615 to €9,958
- Tax, wage and social debts -€2,291
down €2,291 (-48.7%), from €4,701 to €2,411
- Current portion of long-term debt -€1,864
down €1,864 (-28.6%), from €6,522 to €4,658
- Gross operating margin +€6,771
up €6,771 (+80.8%), from €8,376 to €15,147
- Depreciation +€5,772
up €5,772 (+99.6%), from €5,796 to €11,568
- Taxes +€1,028
up €1,028, from €0 to €1,028
- Financial charges -€805
down €805 (-45.7%), from €1,763 to €958
- Other operating charges -€278
down €278 (-12.1%), from €2,303 to €2,025
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,354 | €71,169 | -€10,185 | -12.5% |
| Formation expenses | 20 | €978 | €480 | -€498 | -50.9% |
| Fixed assets | 21/28 | €40,303 | €35,687 | -€4,616 | -11.5% |
| Tangible fixed assets | 22/27 | €40,303 | €35,687 | -€4,616 | -11.5% |
| Plant, machinery and equipment | 23 | €9,466 | €12,543 | +€3,077 | +32.5% |
| Furniture and vehicles | 24 | €7,503 | €4,476 | -€3,026 | -40.3% |
| Leasing and similar rights | 25 | €23,335 | €18,668 | -€4,667 | -20.0% |
| Current assets | 29/58 | €40,073 | €35,001 | -€5,071 | -12.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €15,581 | €14,306 | -€1,275 | -8.2% |
| Stocks | 30/36 | €15,581 | €14,306 | -€1,275 | -8.2% |
| Amounts receivable within one year | 40/41 | €13,353 | €16,855 | +€3,502 | +26.2% |
| Trade receivables | 40 | €9,945 | €11,488 | +€1,543 | +15.5% |
| Other amounts receivable | 41 | €3,408 | €5,367 | +€1,959 | +57.5% |
| Current investments | 50/53 | €4 | €4 | +€0 | +0.3% |
| Cash at bank and in hand | 54/58 | €11,135 | €2,543 | -€8,592 | -77.2% |
| Deferred charges and accrued income | 490/1 | €0 | €1,294 | +€1,294 | |
| Total equity and liabilities | 10/49 | €81,354 | €71,169 | -€10,185 | -12.5% |
| Equity | 10/15 | €39,197 | €39,378 | +€181 | +0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €29,197 | €29,378 | +€181 | +0.6% |
| Distributable reserves | 133 | €29,197 | €29,378 | +€181 | +0.6% |
| Amounts payable | 17/49 | €42,157 | €31,791 | -€10,365 | -24.6% |
| Amounts payable after more than one year | 17 | €14,615 | €9,958 | -€4,658 | -31.9% |
| Financial debts | 170/4 | €14,615 | €9,958 | -€4,658 | -31.9% |
| Amounts payable within one year | 42/48 | €27,541 | €21,834 | -€5,708 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €6,522 | €4,658 | -€1,864 | -28.6% |
| Trade debts | 44 | €13,788 | €4,672 | -€9,116 | -66.1% |
| Suppliers | 440/4 | €13,788 | €4,672 | -€9,116 | -66.1% |
| Taxes, remuneration and social security | 45 | €4,701 | €2,411 | -€2,291 | -48.7% |
| Taxes | 450/3 | €4,701 | €2,411 | -€2,291 | -48.7% |
| Other amounts payable | 47/48 | €2,530 | €10,093 | +€7,563 | +299% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,796 | €11,568 | +€5,772 | +99.6% |
| Other operating charges | 640/8 | €2,303 | €2,025 | -€278 | -12.1% |
| Non-recurring operating charges | 66A | €2,107 | €0 | -€2,107 | -100% |
| Gross operating margin | 9900 | €8,376 | €15,147 | +€6,771 | +80.8% |
| Operating profit (loss) | 9901 | -€1,831 | €1,554 | +€3,384 | |
| Financial income | 75/76B | €369 | €613 | +€244 | +66.0% |
| Recurring financial income | 75 | €369 | €613 | +€244 | +66.0% |
| Financial charges | 65/66B | €1,763 | €958 | -€805 | -45.7% |
| Recurring financial charges | 65 | €1,763 | €958 | -€805 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,224 | €1,209 | +€4,433 | |
| Income taxes | 67/77 | €0 | €1,028 | +€1,028 | |
| Profit (loss) for the period | 9904 | -€3,224 | €181 | +€3,404 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,224 | €181 | +€3,404 |
Next steps
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 4 November 2026 via checked.be.