WOOD&WORK: 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&WORK
Largest movements
- Receivables within one year -€11,527
down €11,527 (-16.9%), from €68,168 to €56,641
of which Other amounts receivable: -€14,195
- Cash +€6,377
new in 2024: €6,377
mainly Receivables within one year (+€11,527) and Debts after one year (+€9,747)
- Tangible fixed assets -€4,362
down €4,362 (-31.5%), from €13,853 to €9,491
of which Leasing and similar rights: -€12,258
- Trade debts -€11,945
down €11,945 (-33.5%), from €35,680 to €23,735
- Debts after one year +€9,747
up €9,747 (+61.5%), from €15,841 to €25,588
- Profit (loss) carried forward -€2,585
down €2,585 (-90.0%), from €2,873 to €288
- Current portion of long-term debt -€2,324
down €2,324 (-17.1%), from €13,553 to €11,229
- Tax, wage and social debts -€1,785
no longer reported in 2024 (was €1,785)
- Gross operating margin +€19,139
up €19,139, from -€13,736 to €5,402
- Depreciation -€3,134
down €3,134 (-41.8%), from €7,496 to €4,362
- Financial charges +€2,064
up €2,064 (+141%), from €1,462 to €3,526
- Other operating charges +€1,879
up €1,879 (+208%), from €903 to €2,782
- Taxes -€1,746
down €1,746 (-98.2%), from €1,779 to €33
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,810 | €73,878 | -€9,932 | -11.9% |
| Fixed assets | 21/28 | €14,785 | €10,423 | -€4,362 | -29.5% |
| Tangible fixed assets | 22/27 | €13,853 | €9,491 | -€4,362 | -31.5% |
| Plant, machinery and equipment | 23 | €1,028 | €9,251 | +€8,223 | +800% |
| Furniture and vehicles | 24 | €567 | €240 | -€327 | -57.7% |
| Leasing and similar rights | 25 | €12,258 | - | -€12,258 | |
| Financial fixed assets | 28 | €932 | €932 | = | 0.0% |
| Current assets | 29/58 | €69,025 | €63,455 | -€5,570 | -8.1% |
| Amounts receivable within one year | 40/41 | €68,168 | €56,641 | -€11,527 | -16.9% |
| Trade receivables | 40 | €17,519 | €20,187 | +€2,668 | +15.2% |
| Other amounts receivable | 41 | €50,650 | €36,454 | -€14,195 | -28.0% |
| Cash at bank and in hand | 54/58 | - | €6,377 | +€6,377 | |
| Deferred charges and accrued income | 490/1 | €857 | €437 | -€420 | -49.0% |
| Total equity and liabilities | 10/49 | €83,810 | €73,878 | -€9,932 | -11.9% |
| Equity | 10/15 | €15,513 | €12,927 | -€2,585 | -16.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,640 | €2,640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,640 | €2,640 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,640 | €2,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,873 | €288 | -€2,585 | -90.0% |
| Amounts payable | 17/49 | €68,297 | €60,951 | -€7,346 | -10.8% |
| Amounts payable after more than one year | 17 | €15,841 | €25,588 | +€9,747 | +61.5% |
| Financial debts | 170/4 | €15,841 | €25,588 | +€9,747 | +61.5% |
| Amounts payable within one year | 42/48 | €52,061 | €34,964 | -€17,096 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €13,553 | €11,229 | -€2,324 | -17.1% |
| Financial debts | 43 | €1,042 | - | -€1,042 | |
| Credit institutions | 430/8 | €1,042 | - | -€1,042 | |
| Trade debts | 44 | €35,680 | €23,735 | -€11,945 | -33.5% |
| Suppliers | 440/4 | €35,680 | €23,735 | -€11,945 | -33.5% |
| Taxes, remuneration and social security | 45 | €1,785 | - | -€1,785 | |
| Taxes | 450/3 | €1,785 | - | -€1,785 | |
| Accrued charges and deferred income | 492/3 | €395 | €398 | +€3 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,496 | €4,362 | -€3,134 | -41.8% |
| Other operating charges | 640/8 | €903 | €2,782 | +€1,879 | +208% |
| Gross operating margin | 9900 | -€13,736 | €5,402 | +€19,139 | |
| Operating profit (loss) | 9901 | -€22,136 | -€1,742 | +€20,394 | +92.1% |
| Financial income | 75/76B | €2,385 | €2,715 | +€330 | +13.8% |
| Recurring financial income | 75 | €2,385 | €2,715 | +€330 | +13.8% |
| Financial charges | 65/66B | €1,462 | €3,526 | +€2,064 | +141% |
| Recurring financial charges | 65 | €1,462 | €3,526 | +€2,064 | +141% |
| Profit (loss) for the period before taxes | 9903 | -€21,213 | -€2,553 | +€18,661 | +88.0% |
| Income taxes | 67/77 | €1,779 | €33 | -€1,746 | -98.2% |
| Profit (loss) for the period | 9904 | -€22,992 | -€2,585 | +€20,407 | +88.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,992 | -€2,585 | +€20,407 | +88.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.