WOODCARE: 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.
WOODCARE
Largest movements
- Tangible fixed assets -€310,186
down €310,186 (-12.2%), from €2.5m to €2.2m
of which Other tangible fixed assets: -€311,300
- Stocks and contracts -€295,708
down €295,708 (-15.6%), from €1.9m to €1.6m
- Cash +€56,887
up €56,887 (+139%), from €40,918 to €97,805
mainly Stocks and contracts (+€295,708) and Depreciation (+€204,987)
- Trade debts -€404,484
down €404,484 (-41.8%), from €967,189 to €562,705
- Debts after one year -€139,474
down €139,474 (-7.9%), from €1.8m to €1.6m
of which Financial debts: -€142,064
- Staff costs +€43,901
new in 2025: €43,901
- Gross operating margin +€40,391
up €40,391 (+11.9%), from €338,889 to €379,280
- Other operating charges +€39,613
up €39,613 (+1,784%), from €2,220 to €41,833
- Depreciation -€11,170
down €11,170 (-5.2%), from €216,157 to €204,987
- Taxes -€7,248
down €7,248 (-86.3%), from €8,397 to €1,148
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 | €4,713,422 | €4,152,337 | -€561,084 | -11.9% |
| Fixed assets | 21/28 | €2,572,838 | €2,250,651 | -€322,186 | -12.5% |
| Intangible fixed assets | 21 | €36,000 | €24,000 | -€12,000 | -33.3% |
| Tangible fixed assets | 22/27 | €2,536,763 | €2,226,576 | -€310,186 | -12.2% |
| Plant, machinery and equipment | 23 | €769 | €2,663 | +€1,894 | +246% |
| Furniture and vehicles | 24 | €780 | - | -€780 | |
| Other tangible fixed assets | 26 | €2,535,213 | €2,223,913 | -€311,300 | -12.3% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €2,140,584 | €1,901,686 | -€238,898 | -11.2% |
| Stocks and contracts in progress | 3 | €1,892,562 | €1,596,854 | -€295,708 | -15.6% |
| Stocks | 30/36 | €1,892,562 | €1,596,854 | -€295,708 | -15.6% |
| Amounts receivable within one year | 40/41 | €207,104 | €203,367 | -€3,737 | -1.8% |
| Trade receivables | 40 | €193,052 | €192,912 | -€140 | -0.1% |
| Other amounts receivable | 41 | €14,052 | €10,455 | -€3,597 | -25.6% |
| Cash at bank and in hand | 54/58 | €40,918 | €97,805 | +€56,887 | +139% |
| Deferred charges and accrued income | 490/1 | - | €3,659 | +€3,659 | |
| Total equity and liabilities | 10/49 | €4,713,422 | €4,152,337 | -€561,084 | -11.9% |
| Equity | 10/15 | €1,076,740 | €1,081,795 | +€5,056 | +0.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,051,740 | €1,056,795 | +€5,056 | +0.5% |
| Tax-exempt reserves | 132 | €30,879 | €30,879 | = | 0.0% |
| Distributable reserves | 133 | €1,020,861 | €1,025,916 | +€5,056 | +0.5% |
| Amounts payable | 17/49 | €3,636,682 | €3,070,542 | -€566,140 | -15.6% |
| Amounts payable after more than one year | 17 | €1,771,482 | €1,632,008 | -€139,474 | -7.9% |
| Financial debts | 170/4 | €1,739,106 | €1,597,041 | -€142,064 | -8.2% |
| Other amounts payable | 178/9 | €32,377 | €34,967 | +€2,590 | +8.0% |
| Amounts payable within one year | 42/48 | €1,859,741 | €1,436,478 | -€423,263 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €143,669 | €142,064 | -€1,604 | -1.1% |
| Financial debts | 43 | €525,000 | €525,000 | = | 0.0% |
| Credit institutions | 430/8 | €525,000 | €525,000 | = | 0.0% |
| Trade debts | 44 | €967,189 | €562,705 | -€404,484 | -41.8% |
| Suppliers | 440/4 | €967,189 | €562,705 | -€404,484 | -41.8% |
| Taxes, remuneration and social security | 45 | €37,899 | €29,025 | -€8,874 | -23.4% |
| Taxes | 450/3 | €37,899 | €24,264 | -€13,635 | -36.0% |
| Remuneration and social security | 454/9 | - | €4,761 | +€4,761 | |
| Other amounts payable | 47/48 | €185,984 | €177,683 | -€8,301 | -4.5% |
| Accrued charges and deferred income | 492/3 | €5,459 | €2,056 | -€3,403 | -62.3% |
| Remuneration, social security and pensions | 62 | - | €43,901 | +€43,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,157 | €204,987 | -€11,170 | -5.2% |
| Other operating charges | 640/8 | €2,220 | €41,833 | +€39,613 | +1,784% |
| Gross operating margin | 9900 | €338,889 | €379,280 | +€40,391 | +11.9% |
| Operating profit (loss) | 9901 | €120,512 | €88,558 | -€31,953 | -26.5% |
| Financial income | 75/76B | €2,945 | €214 | -€2,730 | -92.7% |
| Recurring financial income | 75 | €2,945 | €214 | -€2,730 | -92.7% |
| Financial charges | 65/66B | €86,943 | €82,569 | -€4,374 | -5.0% |
| Recurring financial charges | 65 | €86,943 | €82,569 | -€4,374 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €36,514 | €6,204 | -€30,309 | -83.0% |
| Income taxes | 67/77 | €8,397 | €1,148 | -€7,248 | -86.3% |
| Profit (loss) for the period | 9904 | €28,117 | €5,056 | -€23,061 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,117 | €5,056 | -€23,061 | -82.0% |
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 30 October 2026 via checked.be.