Wood-Lab: 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-Lab
Largest movements
- Stocks and contracts -€4,893
down €4,893 (-90.1%), from €5,430 to €538
- Cash -€4,718
down €4,718 (-22.7%), from €20,769 to €16,051
mainly Net result for the year (-€5,174) and Investment in fixed assets (net) (-€4,399)
- Tangible fixed assets -€3,226
down €3,226 (-29.0%), from €11,121 to €7,895
- Receivables within one year +€1,249
up €1,249 (+53.3%), from €2,342 to €3,591
of which Trade receivables: +€3,249
- Deferred charges and accrued income -€861
down €861 (-47.4%), from €1,818 to €957
- Profit (loss) carried forward -€5,174
down €5,174 (-12.0%), from -€43,187 to -€48,361
- Current portion of long-term debt -€4,344
no longer reported in 2025 (was €4,344)
- Other debts -€3,775
down €3,775 (-25.0%), from €15,130 to €11,355
- Tax, wage and social debts +€1,358
up €1,358 (+269%), from €505 to €1,863
- Trade debts -€586
down €586 (-46.5%), from €1,261 to €675
- Gross operating margin +€45,458
up €45,458, from -€37,117 to €8,341
- Other operating charges +€624
up €624 (+221%), from €283 to €907
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 | €41,553 | €29,032 | -€12,521 | -30.1% |
| Fixed assets | 21/28 | €11,193 | €7,895 | -€3,298 | -29.5% |
| Tangible fixed assets | 22/27 | €11,121 | €7,895 | -€3,226 | -29.0% |
| Plant, machinery and equipment | 23 | €671 | €201 | -€471 | -70.1% |
| Furniture and vehicles | 24 | €7,401 | €6,075 | -€1,327 | -17.9% |
| Other tangible fixed assets | 26 | €3,048 | €1,620 | -€1,429 | -46.9% |
| Financial fixed assets | 28 | €72 | - | -€72 | |
| Current assets | 29/58 | €30,360 | €21,137 | -€9,223 | -30.4% |
| Stocks and contracts in progress | 3 | €5,430 | €538 | -€4,893 | -90.1% |
| Stocks | 30/36 | €5,430 | €538 | -€4,893 | -90.1% |
| Amounts receivable within one year | 40/41 | €2,342 | €3,591 | +€1,249 | +53.3% |
| Trade receivables | 40 | - | €3,249 | +€3,249 | |
| Other amounts receivable | 41 | €2,342 | €342 | -€2,000 | -85.4% |
| Cash at bank and in hand | 54/58 | €20,769 | €16,051 | -€4,718 | -22.7% |
| Deferred charges and accrued income | 490/1 | €1,818 | €957 | -€861 | -47.4% |
| Total equity and liabilities | 10/49 | €41,553 | €29,032 | -€12,521 | -30.1% |
| Equity | 10/15 | €20,313 | €15,139 | -€5,174 | -25.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,500 | €58,500 | = | 0.0% |
| Distributable reserves | 133 | €58,500 | €58,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,187 | -€48,361 | -€5,174 | -12.0% |
| Amounts payable | 17/49 | €21,240 | €13,893 | -€7,347 | -34.6% |
| Amounts payable within one year | 42/48 | €21,240 | €13,893 | -€7,347 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €4,344 | - | -€4,344 | |
| Trade debts | 44 | €1,261 | €675 | -€586 | -46.5% |
| Suppliers | 440/4 | €1,261 | €675 | -€586 | -46.5% |
| Taxes, remuneration and social security | 45 | €505 | €1,863 | +€1,358 | +269% |
| Taxes | 450/3 | €505 | €1,863 | +€1,358 | +269% |
| Other amounts payable | 47/48 | €15,130 | €11,355 | -€3,775 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,964 | €7,698 | -€266 | -3.3% |
| Other operating charges | 640/8 | €283 | €907 | +€624 | +221% |
| Non-recurring operating charges | 66A | - | €6,244 | +€6,244 | |
| Gross operating margin | 9900 | -€37,117 | €8,341 | +€45,458 | |
| Operating profit (loss) | 9901 | -€45,364 | -€6,508 | +€38,856 | +85.7% |
| Financial income | 75/76B | €1,752 | €1,554 | -€198 | -11.3% |
| Recurring financial income | 75 | €1,752 | €1,554 | -€198 | -11.3% |
| Financial charges | 65/66B | €404 | €119 | -€285 | -70.6% |
| Recurring financial charges | 65 | €404 | €119 | -€285 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | -€44,015 | -€5,072 | +€38,943 | +88.5% |
| Income taxes | 67/77 | €158 | €101 | -€57 | -35.8% |
| Profit (loss) for the period | 9904 | -€44,173 | -€5,174 | +€38,999 | +88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,173 | -€5,174 | +€38,999 | +88.3% |
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 22 October 2026 via checked.be.