WOODCRAFT: what changed
What changed
WOODCRAFT
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
€4,562
2024 · €4,168+€394
Equity
€67,089
2024 · €85,580-€18,491
Cash
€4,156
2024 · €12,923-€8,767
Balance sheet total
€330,798
2024 · €298,958+€31,840
Largest movements
Assets
- Tangible fixed assets +€25,481
up €25,481 (+9.6%), from €266,334 to €291,815
of which Furniture and vehicles: +€39,019
- Receivables within one year +€15,126
up €15,126 (+79.0%), from €19,144 to €34,270
of which Trade receivables: +€15,476
- Cash -€8,767
down €8,767 (-67.8%), from €12,923 to €4,156
mainly Investment in fixed assets (net) (-€70,751) and Contributions, distributions and other (-€23,053)
Equity and liabilities
- Other debts +€28,747
up €28,747 (+240%), from €11,968 to €40,715
- Reserves -€18,491
down €18,491 (-27.6%), from €66,988 to €48,497
- Debts after one year +€12,514
up €12,514 (+9.1%), from €137,587 to €150,102
- Advances received +€10,000
new in 2025: €10,000
Income statement
- Gross operating margin +€31,123
up €31,123 (+20.0%), from €155,767 to €186,890
- Staff costs +€23,431
up €23,431 (+23.4%), from €100,294 to €123,726
- Depreciation +€5,728
up €5,728 (+14.5%), from €39,542 to €45,270
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,168
Gross operating margin
+€31,123
Staff costs
-€23,431
Depreciation
-€5,728
Other operating charges
-€851
Financial income
-€102
Financial charges
-€180
Taxes
-€437
Result 2025
€4,562
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€71,711
Investment
-€70,751
Financing
-€9,727
Cash 2024
€12,923
From operations (derived)
+€71,711
Net result for the year
+€4,562
Depreciation
+€45,270
Receivables within one year
-€15,126
Trade debts
-€2,696
Tax, wage and social debts
+€954
Advances received
+€10,000
Other debts
+€28,747
Investment (derived)
-€70,751
Investment in fixed assets (net)
-€70,751
Financing
-€9,727
Debts after one year
+€12,514
Current portion of long-term debt
+€812
Contributions, distributions and other
-€23,053
Cash 2025
€4,156
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,958 | €330,798 | +€31,840 | +10.7% |
| Fixed assets | 21/28 | €266,890 | €292,372 | +€25,481 | +9.5% |
| Tangible fixed assets | 22/27 | €266,334 | €291,815 | +€25,481 | +9.6% |
| Land and buildings | 22 | €956 | €478 | -€478 | -50.0% |
| Plant, machinery and equipment | 23 | €44,341 | €40,867 | -€3,474 | -7.8% |
| Furniture and vehicles | 24 | €12,174 | €51,193 | +€39,019 | +321% |
| Other tangible fixed assets | 26 | €208,863 | €199,277 | -€9,586 | -4.6% |
| Financial fixed assets | 28 | €556 | €556 | = | 0.0% |
| Current assets | 29/58 | €32,068 | €38,426 | +€6,358 | +19.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,144 | €34,270 | +€15,126 | +79.0% |
| Trade receivables | 40 | €18,794 | €34,270 | +€15,476 | +82.3% |
| Other amounts receivable | 41 | €350 | €0 | -€350 | -100% |
| Cash at bank and in hand | 54/58 | €12,923 | €4,156 | -€8,767 | -67.8% |
| Total equity and liabilities | 10/49 | €298,958 | €330,798 | +€31,840 | +10.7% |
| Equity | 10/15 | €85,580 | €67,089 | -€18,491 | -21.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €66,988 | €48,497 | -€18,491 | -27.6% |
| Distributable reserves | 133 | €66,988 | €48,497 | -€18,491 | -27.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €213,378 | €263,709 | +€50,331 | +23.6% |
| Amounts payable after more than one year | 17 | €137,587 | €150,102 | +€12,514 | +9.1% |
| Financial debts | 170/4 | €137,587 | €150,102 | +€12,514 | +9.1% |
| Amounts payable within one year | 42/48 | €75,791 | €113,607 | +€37,816 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €30,833 | €31,645 | +€812 | +2.6% |
| Trade debts | 44 | €16,714 | €14,018 | -€2,696 | -16.1% |
| Suppliers | 440/4 | €16,714 | €14,018 | -€2,696 | -16.1% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €16,276 | €17,229 | +€954 | +5.9% |
| Taxes | 450/3 | €5,613 | €2,830 | -€2,782 | -49.6% |
| Remuneration and social security | 454/9 | €10,663 | €14,399 | +€3,736 | +35.0% |
| Other amounts payable | 47/48 | €11,968 | €40,715 | +€28,747 | +240% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €100,294 | €123,726 | +€23,431 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,542 | €45,270 | +€5,728 | +14.5% |
| Other operating charges | 640/8 | €5,402 | €6,253 | +€851 | +15.8% |
| Gross operating margin | 9900 | €155,767 | €186,890 | +€31,123 | +20.0% |
| Operating profit (loss) | 9901 | €10,529 | €11,641 | +€1,113 | +10.6% |
| Financial income | 75/76B | €146 | €44 | -€102 | -69.6% |
| Recurring financial income | 75 | €146 | €44 | -€102 | -69.6% |
| Financial charges | 65/66B | €3,227 | €3,407 | +€180 | +5.6% |
| Recurring financial charges | 65 | €3,227 | €3,407 | +€180 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €7,448 | €8,279 | +€831 | +11.2% |
| Income taxes | 67/77 | €3,280 | €3,717 | +€437 | +13.3% |
| Profit (loss) for the period | 9904 | €4,168 | €4,562 | +€394 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,168 | €4,562 | +€394 | +9.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.