WOOD WINDOW: 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 WINDOW
Largest movements
- Receivables within one year -€166,263
down €166,263 (-49.7%), from €334,512 to €168,248
of which Trade receivables: -€127,156
- Tangible fixed assets -€30,828
down €30,828 (-5.7%), from €544,221 to €513,393
of which Land and buildings: -€27,685
- Deferred charges and accrued income -€11,648
down €11,648 (-39.5%), from €29,513 to €17,865
- Cash -€11,184
down €11,184 (-14.8%), from €75,665 to €64,481
mainly Net result for the year (-€184,689) and Debts after one year (-€37,913)
- Profit (loss) carried forward -€184,689
down €184,689, from €24 to -€184,665
- Debts after one year -€37,913
down €37,913 (-7.8%), from €486,706 to €448,794
- Tax, wage and social debts +€22,084
up €22,084 (+215%), from €10,271 to €32,355
of which Remuneration and social security: +€22,584
- Trade debts -€19,113
down €19,113 (-13.4%), from €142,478 to €123,365
of which Suppliers: -€16,373
- Contributions +€14,260
new in 2025: €14,260
- Gross operating margin -€253,687
down €253,687 (-55.8%), from €454,484 to €200,797
- Taxes -€37,403
down €37,403 (-98.3%), from €38,040 to €637
- Staff costs +€34,796
up €34,796 (+12.9%), from €270,545 to €305,341
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 | €983,912 | €763,988 | -€219,924 | -22.4% |
| Fixed assets | 21/28 | €544,221 | €513,393 | -€30,828 | -5.7% |
| Tangible fixed assets | 22/27 | €544,221 | €513,393 | -€30,828 | -5.7% |
| Land and buildings | 22 | €496,539 | €468,854 | -€27,685 | -5.6% |
| Plant, machinery and equipment | 23 | €1,399 | €898 | -€501 | -35.8% |
| Furniture and vehicles | 24 | €46,283 | €43,641 | -€2,642 | -5.7% |
| Current assets | 29/58 | €439,690 | €250,595 | -€189,096 | -43.0% |
| Amounts receivable within one year | 40/41 | €334,512 | €168,248 | -€166,263 | -49.7% |
| Trade receivables | 40 | €234,618 | €107,462 | -€127,156 | -54.2% |
| Other amounts receivable | 41 | €99,894 | €60,786 | -€39,107 | -39.1% |
| Cash at bank and in hand | 54/58 | €75,665 | €64,481 | -€11,184 | -14.8% |
| Deferred charges and accrued income | 490/1 | €29,513 | €17,865 | -€11,648 | -39.5% |
| Total equity and liabilities | 10/49 | €983,912 | €763,988 | -€219,924 | -22.4% |
| Equity | 10/15 | €281,964 | €97,275 | -€184,689 | -65.5% |
| Contributions | 10/11 | - | €14,260 | +€14,260 | |
| Contributions outside capital | 11 | - | €14,260 | +€14,260 | |
| Other | 1109/19 | - | €14,260 | +€14,260 | |
| Reserves | 13 | €281,940 | €267,680 | -€14,260 | -5.1% |
| Distributable reserves | 133 | €281,940 | €267,680 | -€14,260 | -5.1% |
| Profit (loss) carried forward | 14 | €24 | -€184,665 | -€184,689 | |
| Amounts payable | 17/49 | €701,948 | €666,713 | -€35,235 | -5.0% |
| Amounts payable after more than one year | 17 | €486,706 | €448,794 | -€37,913 | -7.8% |
| Financial debts | 170/4 | €486,706 | €448,794 | -€37,913 | -7.8% |
| Amounts payable within one year | 42/48 | €215,242 | €215,538 | +€296 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €36,517 | €39,813 | +€3,296 | +9.0% |
| Financial debts | 43 | €7,657 | €846 | -€6,811 | -89.0% |
| Credit institutions | 430/8 | €7,657 | €846 | -€6,811 | -89.0% |
| Trade debts | 44 | €142,478 | €123,365 | -€19,113 | -13.4% |
| Suppliers | 440/4 | €130,867 | €114,493 | -€16,373 | -12.5% |
| Bills of exchange payable | 441 | €11,611 | €8,871 | -€2,740 | -23.6% |
| Advances received on contracts in progress | 46 | €3,763 | €5,432 | +€1,669 | +44.4% |
| Taxes, remuneration and social security | 45 | €10,271 | €32,355 | +€22,084 | +215% |
| Taxes | 450/3 | €4,577 | €4,077 | -€500 | -10.9% |
| Remuneration and social security | 454/9 | €5,694 | €28,278 | +€22,584 | +397% |
| Other amounts payable | 47/48 | €14,556 | €13,728 | -€828 | -5.7% |
| Accrued charges and deferred income | 492/3 | - | €2,382 | +€2,382 | |
| Remuneration, social security and pensions | 62 | €270,545 | €305,341 | +€34,796 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,164 | €45,249 | +€3,085 | +7.3% |
| Other operating charges | 640/8 | €6,387 | €7,148 | +€761 | +11.9% |
| Gross operating margin | 9900 | €454,484 | €200,797 | -€253,687 | -55.8% |
| Operating profit (loss) | 9901 | €135,387 | -€156,942 | -€292,329 | |
| Financial income | 75/76B | €1,086 | €1,292 | +€206 | +19.0% |
| Recurring financial income | 75 | €1,086 | €1,292 | +€206 | +19.0% |
| Financial charges | 65/66B | €32,557 | €28,402 | -€4,155 | -12.8% |
| Recurring financial charges | 65 | €32,557 | €28,402 | -€4,155 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €103,916 | -€184,052 | -€287,968 | |
| Income taxes | 67/77 | €38,040 | €637 | -€37,403 | -98.3% |
| Profit (loss) for the period | 9904 | €65,876 | -€184,689 | -€250,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,876 | -€184,689 | -€250,565 |
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 21 October 2026 via checked.be.