WOOD SOLNETTE: what changed
Two fiscal 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 SOLNETTE
Largest movements
- Receivables within one year +€104,613
up €104,613 (+56.6%), from €184,676 to €289,288
of which Other amounts receivable: +€75,828
- Cash -€49,844
down €49,844 (-24.1%), from €206,510 to €156,666
mainly Receivables within one year (-€104,613) and Tax, wage and social debts (-€6,398)
- Trade debts +€41,874
up €41,874 (+374.5%), from €11,181 to €53,055
- Profit (loss) carried forward +€25,500
up €25,500 (+7.7%), from €329,278 to €354,778
- Tax, wage and social debts -€6,398
down €6,398 (-12.4%), from €51,615 to €45,218
- Turnover -€421,748
no longer reported in 2025 (was €421,748)
- Purchases and services -€342,019
no longer reported in 2025 (was €342,019)
- Taxes -€23,662
down €23,662 (-40.7%), from €58,137 to €34,475
- Gross operating margin -€21,712
down €21,712 (-27.2%), from €79,729 to €58,018
- Financial income +€10,017
new in 2025: €10,017
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 | €404,764 | €465,741 | +€60,977 | +15.1% |
| Fixed assets | 21/28 | €965 | €1,661 | +€697 | +72.2% |
| Tangible fixed assets | 22/27 | €965 | €1,661 | +€697 | +72.2% |
| Furniture and vehicles | 24 | €965 | €1,661 | +€697 | +72.2% |
| Current assets | 29/58 | €403,800 | €464,080 | +€60,280 | +14.9% |
| Stocks and contracts in progress | 3 | €3,591 | €7,463 | +€3,872 | +107.8% |
| Stocks | 30/36 | €3,591 | €7,463 | +€3,872 | +107.8% |
| Amounts receivable within one year | 40/41 | €184,676 | €289,288 | +€104,613 | +56.6% |
| Trade receivables | 40 | €2,413 | €31,198 | +€28,785 | +1193.2% |
| Other amounts receivable | 41 | €182,263 | €258,091 | +€75,828 | +41.6% |
| Current investments | 50/53 | €9,023 | €9,023 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €206,510 | €156,666 | -€49,844 | -24.1% |
| Deferred charges and accrued income | 490/1 | - | €1,639 | +€1,639 | |
| Total equity and liabilities | 10/49 | €404,764 | €465,741 | +€60,977 | +15.1% |
| Equity | 10/15 | €341,968 | €367,468 | +€25,500 | +7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €290 | €290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €290 | €290 | = | 0.0% |
| Other | 1319 | €290 | €290 | = | 0.0% |
| Profit (loss) carried forward | 14 | €329,278 | €354,778 | +€25,500 | +7.7% |
| Amounts payable | 17/49 | €62,796 | €98,273 | +€35,477 | +56.5% |
| Amounts payable within one year | 42/48 | €62,796 | €98,273 | +€35,477 | +56.5% |
| Trade debts | 44 | €11,181 | €53,055 | +€41,874 | +374.5% |
| Suppliers | 440/4 | €11,181 | €53,055 | +€41,874 | +374.5% |
| Taxes, remuneration and social security | 45 | €51,615 | €45,218 | -€6,398 | -12.4% |
| Taxes | 450/3 | €51,615 | €45,218 | -€6,398 | -12.4% |
| Turnover | 70 | €421,748 | - | -€421,748 | |
| Goods, raw materials, services and sundry goods | 60/61 | €342,019 | - | -€342,019 | |
| Remuneration, social security and pensions | 62 | €1,754 | - | -€1,754 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €251 | +€10 | +4.1% |
| Other operating charges | 640/8 | €1,152 | €6,707 | +€5,555 | +482.0% |
| Gross operating margin | 9900 | €79,729 | €58,018 | -€21,712 | -27.2% |
| Operating profit (loss) | 9901 | €76,581 | €51,059 | -€25,522 | -33.3% |
| Financial income | 75/76B | - | €10,017 | +€10,017 | |
| Recurring financial income | 75 | - | €10,017 | +€10,017 | |
| Financial charges | 65/66B | €1,994 | €1,101 | -€893 | -44.8% |
| Recurring financial charges | 65 | €1,994 | €1,101 | -€893 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €74,588 | €59,975 | -€14,613 | -19.6% |
| Income taxes | 67/77 | €58,137 | €34,475 | -€23,662 | -40.7% |
| Profit (loss) for the period | 9904 | €16,451 | €25,500 | +€9,049 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,451 | €25,500 | +€9,049 | +55.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.