WOODBOX: 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.
WOODBOX
Largest movements
- Stocks and contracts -€6,464
down €6,464 (-45.2%), from €14,312 to €7,847
- Receivables within one year +€6,052
up €6,052 (+114%), from €5,327 to €11,379
of which Trade receivables: +€7,497
- Tangible fixed assets -€4,676
down €4,676 (-1.4%), from €325,583 to €320,908
of which Land and buildings: -€3,251
- Debts after one year -€4,724
down €4,724 (-2.1%), from €227,563 to €222,839
of which Other amounts payable: -€4,724
- Gross operating margin -€3,626
down €3,626 (-17.8%), from €20,426 to €16,800
- Taxes +€465
up €465 (+1,409%), from €33 to €498
- Depreciation +€395
up €395 (+2.9%), from €13,551 to €13,946
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 | €364,207 | €359,397 | -€4,810 | -1.3% |
| Fixed assets | 21/28 | €325,583 | €320,908 | -€4,676 | -1.4% |
| Tangible fixed assets | 22/27 | €325,583 | €320,908 | -€4,676 | -1.4% |
| Land and buildings | 22 | €322,733 | €319,483 | -€3,251 | -1.0% |
| Furniture and vehicles | 24 | €2,850 | €1,425 | -€1,425 | -50.0% |
| Current assets | 29/58 | €38,624 | €38,490 | -€134 | -0.3% |
| Stocks and contracts in progress | 3 | €14,312 | €7,847 | -€6,464 | -45.2% |
| Stocks | 30/36 | €14,312 | €7,847 | -€6,464 | -45.2% |
| Amounts receivable within one year | 40/41 | €5,327 | €11,379 | +€6,052 | +114% |
| Trade receivables | 40 | €3,883 | €11,379 | +€7,497 | +193% |
| Other amounts receivable | 41 | €1,445 | - | -€1,445 | |
| Cash at bank and in hand | 54/58 | €18,985 | €19,263 | +€278 | +1.5% |
| Total equity and liabilities | 10/49 | €364,207 | €359,397 | -€4,810 | -1.3% |
| Equity | 10/15 | €132,288 | €131,022 | -€1,266 | -1.0% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €26,317 | €26,751 | +€434 | +1.7% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | - | €8,000 | +€8,000 | |
| Reserves not available under the articles | 1311 | €8,000 | - | -€8,000 | |
| Distributable reserves | 133 | €18,317 | €18,751 | +€434 | +2.4% |
| Profit (loss) carried forward | 14 | €25,971 | €24,271 | -€1,700 | -6.5% |
| Amounts payable | 17/49 | €231,919 | €228,375 | -€3,544 | -1.5% |
| Amounts payable after more than one year | 17 | €227,563 | €222,839 | -€4,724 | -2.1% |
| Financial debts | 170/4 | €6,041 | €6,041 | = | 0.0% |
| Other amounts payable | 178/9 | €221,522 | €216,798 | -€4,724 | -2.1% |
| Amounts payable within one year | 42/48 | €4,357 | €5,536 | +€1,180 | +27.1% |
| Trade debts | 44 | €2,761 | €2,438 | -€323 | -11.7% |
| Suppliers | 440/4 | €2,761 | €2,438 | -€323 | -11.7% |
| Taxes, remuneration and social security | 45 | - | €1,908 | +€1,908 | |
| Taxes | 450/3 | - | €1,908 | +€1,908 | |
| Other amounts payable | 47/48 | €1,595 | €1,190 | -€405 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,551 | €13,946 | +€395 | +2.9% |
| Other operating charges | 640/8 | €1,822 | €1,879 | +€57 | +3.1% |
| Gross operating margin | 9900 | €20,426 | €16,800 | -€3,626 | -17.8% |
| Operating profit (loss) | 9901 | €5,052 | €974 | -€4,078 | -80.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €41 | €42 | +€1 | +2.5% |
| Recurring financial charges | 65 | €41 | €42 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €5,011 | €932 | -€4,079 | -81.4% |
| Income taxes | 67/77 | €33 | €498 | +€465 | +1,409% |
| Profit (loss) for the period | 9904 | €4,978 | €434 | -€4,544 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,978 | €434 | -€4,544 | -91.3% |
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 18 October 2026 via checked.be.