WOODADVICE: 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.
WOODADVICE
Largest movements
- Tangible fixed assets +€264,733
up €264,733 (+82.9%), from €319,354 to €584,087
of which Land and buildings: +€250,956
- Cash +€15,561
up €15,561 (+676%), from €2,303 to €17,864
mainly Debts after one year (+€196,767) and Other debts (+€83,554)
- Receivables within one year +€11,574
up €11,574 (+41.8%), from €27,685 to €39,258
- Debts after one year +€196,767
up €196,767 (+106%), from €185,854 to €382,621
- Other debts +€83,554
up €83,554 (+183%), from €45,664 to €129,218
- Trade debts -€34,024
down €34,024 (-96.7%), from €35,192 to €1,168
- Reserves +€19,154
up €19,154 (+42.2%), from €45,342 to €64,496
- Current portion of long-term debt +€16,730
up €16,730 (+110%), from €15,233 to €31,963
- Gross operating margin +€41,593
up €41,593 (+69.7%), from €59,689 to €101,282
- Depreciation +€35,085
up €35,085 (+218%), from €16,124 to €51,209
- Financial charges +€6,444
up €6,444 (+71.8%), from €8,976 to €15,420
- Other operating charges +€1,975
up €1,975 (+57.1%), from €3,456 to €5,431
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 | €349,503 | €641,371 | +€291,868 | +83.5% |
| Fixed assets | 21/28 | €319,354 | €584,087 | +€264,733 | +82.9% |
| Tangible fixed assets | 22/27 | €319,354 | €584,087 | +€264,733 | +82.9% |
| Land and buildings | 22 | €306,185 | €557,141 | +€250,956 | +82.0% |
| Furniture and vehicles | 24 | €301 | - | -€301 | |
| Other tangible fixed assets | 26 | €12,868 | €26,946 | +€14,078 | +109% |
| Current assets | 29/58 | €30,149 | €57,284 | +€27,136 | +90.0% |
| Amounts receivable within one year | 40/41 | €27,685 | €39,258 | +€11,574 | +41.8% |
| Trade receivables | 40 | €27,685 | €39,258 | +€11,574 | +41.8% |
| Cash at bank and in hand | 54/58 | €2,303 | €17,864 | +€15,561 | +676% |
| Deferred charges and accrued income | 490/1 | €161 | €162 | +€1 | +0.9% |
| Total equity and liabilities | 10/49 | €349,503 | €641,371 | +€291,868 | +83.5% |
| Equity | 10/15 | €47,342 | €66,496 | +€19,154 | +40.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,342 | €64,496 | +€19,154 | +42.2% |
| Distributable reserves | 133 | €45,342 | €64,496 | +€19,154 | +42.2% |
| Amounts payable | 17/49 | €302,161 | €574,876 | +€272,715 | +90.3% |
| Amounts payable after more than one year | 17 | €185,854 | €382,621 | +€196,767 | +106% |
| Financial debts | 170/4 | €185,854 | €382,621 | +€196,767 | +106% |
| Amounts payable within one year | 42/48 | €116,307 | €192,255 | +€75,948 | +65.3% |
| Current portion of amounts payable after more than one year | 42 | €15,233 | €31,963 | +€16,730 | +110% |
| Trade debts | 44 | €35,192 | €1,168 | -€34,024 | -96.7% |
| Suppliers | 440/4 | €35,192 | €1,168 | -€34,024 | -96.7% |
| Taxes, remuneration and social security | 45 | €20,218 | €29,906 | +€9,687 | +47.9% |
| Taxes | 450/3 | €20,218 | €29,906 | +€9,687 | +47.9% |
| Other amounts payable | 47/48 | €45,664 | €129,218 | +€83,554 | +183% |
| Non-recurring operating income | 76A | - | €31,552 | +€31,552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,124 | €51,209 | +€35,085 | +218% |
| Other operating charges | 640/8 | €3,456 | €5,431 | +€1,975 | +57.1% |
| Gross operating margin | 9900 | €59,689 | €101,282 | +€41,593 | +69.7% |
| Operating profit (loss) | 9901 | €40,109 | €44,642 | +€4,533 | +11.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €8,976 | €15,420 | +€6,444 | +71.8% |
| Recurring financial charges | 65 | €8,976 | €15,420 | +€6,444 | +71.8% |
| Profit (loss) for the period before taxes | 9903 | €31,133 | €29,226 | -€1,907 | -6.1% |
| Income taxes | 67/77 | €9,661 | €10,072 | +€412 | +4.3% |
| Profit (loss) for the period | 9904 | €21,473 | €19,154 | -€2,319 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,473 | €19,154 | -€2,319 | -10.8% |
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 24 October 2026 via checked.be.