Woodboard: 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.
Woodboard
Largest movements
- Receivables within one year +€101,911
up €101,911 (+842%), from €12,100 to €114,011
of which Other amounts receivable: +€101,911
- Cash +€92,077
up €92,077 (+289%), from €31,848 to €123,925
mainly Net result for the year (+€633,222) and Tax, wage and social debts (+€73,549)
- Profit (loss) carried forward +€633,222
up €633,222 (+124%), from €510,590 to €1.1m
- Debts after one year -€502,762
down €502,762 (-37.5%), from €1.3m to €838,635
- Tax, wage and social debts +€73,549
up €73,549 (+577%), from €12,752 to €86,302
of which Taxes: +€73,549
- Gross operating margin +€180,558
up €180,558 (+603%), from €29,950 to €210,507
- Taxes +€42,062
up €42,062 (+1,152%), from €3,653 to €45,715
- Financial charges +€14,934
up €14,934 (+95.1%), from €15,707 to €30,640
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 | €1,885,709 | €2,079,900 | +€194,191 | +10.3% |
| Fixed assets | 21/28 | €1,841,397 | €1,841,397 | = | 0.0% |
| Financial fixed assets | 28 | €1,841,397 | €1,841,397 | = | 0.0% |
| Current assets | 29/58 | €44,312 | €238,503 | +€194,191 | +438% |
| Amounts receivable within one year | 40/41 | €12,100 | €114,011 | +€101,911 | +842% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | - | €101,911 | +€101,911 | |
| Cash at bank and in hand | 54/58 | €31,848 | €123,925 | +€92,077 | +289% |
| Deferred charges and accrued income | 490/1 | €364 | €567 | +€203 | +55.9% |
| Total equity and liabilities | 10/49 | €1,885,709 | €2,079,900 | +€194,191 | +10.3% |
| Equity | 10/15 | €515,590 | €1,148,812 | +€633,222 | +123% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €510,590 | €1,143,812 | +€633,222 | +124% |
| Amounts payable | 17/49 | €1,370,118 | €931,087 | -€439,031 | -32.0% |
| Amounts payable after more than one year | 17 | €1,341,397 | €838,635 | -€502,762 | -37.5% |
| Financial debts | 170/4 | €1,341,397 | €838,635 | -€502,762 | -37.5% |
| Amounts payable within one year | 42/48 | €13,116 | €92,453 | +€79,337 | +605% |
| Trade debts | 44 | €364 | €6,151 | +€5,788 | +1,592% |
| Suppliers | 440/4 | €364 | €6,151 | +€5,788 | +1,592% |
| Taxes, remuneration and social security | 45 | €12,752 | €86,302 | +€73,549 | +577% |
| Taxes | 450/3 | €9,752 | €83,302 | +€73,549 | +754% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,606 | - | -€15,606 | |
| Other operating charges | 640/8 | - | €930 | +€930 | |
| Gross operating margin | 9900 | €29,950 | €210,507 | +€180,558 | +603% |
| Operating profit (loss) | 9901 | €29,950 | €209,578 | +€179,628 | +600% |
| Financial income | 75/76B | €500,000 | €500,000 | = | 0.0% |
| Recurring financial income | 75 | €500,000 | €500,000 | = | 0.0% |
| Financial charges | 65/66B | €15,707 | €30,640 | +€14,934 | +95.1% |
| Recurring financial charges | 65 | €15,707 | €30,640 | +€14,934 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | €514,243 | €678,937 | +€164,694 | +32.0% |
| Income taxes | 67/77 | €3,653 | €45,715 | +€42,062 | +1,152% |
| Profit (loss) for the period | 9904 | €510,590 | €633,222 | +€122,632 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €510,590 | €633,222 | +€122,632 | +24.0% |
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 15 October 2026 via checked.be.