WOOD PROJECTS: 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 PROJECTS
Largest movements
- Stocks and contracts -€143,182
down €143,182 (-13.4%), from €1.1m to €925,000
of which Stocks: -€501,599
- Other debts -€140,000
down €140,000 (-18.9%), from €740,000 to €600,000
- Gross operating margin -€61,502
down €61,502 (-53.8%), from €114,402 to €52,900
- Financial charges -€19,907
down €19,907 (-32.0%), from €62,207 to €42,299
- Taxes -€13,483
down €13,483 (-81.4%), from €16,570 to €3,088
- Other operating charges +€1,225
up €1,225 (+1038.5%), from €118 to €1,343
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.
Cash bridge derived
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 | €1,075,462 | €937,832 | -€137,630 | -12.8% |
| Current assets | 29/58 | €1,075,462 | €937,832 | -€137,630 | -12.8% |
| Stocks and contracts in progress | 3 | €1,068,182 | €925,000 | -€143,182 | -13.4% |
| Stocks | 30/36 | €657,369 | €155,770 | -€501,599 | -76.3% |
| Contracts in progress | 37 | €410,814 | €769,230 | +€358,417 | +87.2% |
| Cash at bank and in hand | 54/58 | €7,279 | €12,832 | +€5,553 | +76.3% |
| Total equity and liabilities | 10/49 | €1,075,462 | €937,832 | -€137,630 | -12.8% |
| Equity | 10/15 | €94,665 | €100,835 | +€6,170 | +6.5% |
| Reserves | 13 | €94,665 | €100,835 | +€6,170 | +6.5% |
| Distributable reserves | 133 | €94,665 | €100,835 | +€6,170 | +6.5% |
| Amounts payable | 17/49 | €980,796 | €836,997 | -€143,800 | -14.7% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €742,320 | €603,838 | -€138,483 | -18.7% |
| Trade debts | 44 | €750 | €750 | = | 0.0% |
| Suppliers | 440/4 | €750 | €750 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,570 | €3,088 | +€1,518 | +96.6% |
| Taxes | 450/3 | €1,570 | €3,088 | +€1,518 | +96.6% |
| Other amounts payable | 47/48 | €740,000 | €600,000 | -€140,000 | -18.9% |
| Accrued charges and deferred income | 492/3 | €38,476 | €33,159 | -€5,317 | -13.8% |
| Other operating charges | 640/8 | €118 | €1,343 | +€1,225 | +1038.5% |
| Gross operating margin | 9900 | €114,402 | €52,900 | -€61,502 | -53.8% |
| Operating profit (loss) | 9901 | €114,284 | €51,557 | -€62,727 | -54.9% |
| Financial charges | 65/66B | €62,207 | €42,299 | -€19,907 | -32.0% |
| Recurring financial charges | 65 | €62,207 | €42,299 | -€19,907 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €52,078 | €9,258 | -€42,820 | -82.2% |
| Income taxes | 67/77 | €16,570 | €3,088 | -€13,483 | -81.4% |
| Profit (loss) for the period | 9904 | €35,508 | €6,170 | -€29,337 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,508 | €6,170 | -€29,337 | -82.6% |
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 9 October 2026 via checked.be.