WOODESTATE: 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.
WOODESTATE
Largest movements
- Receivables within one year +€16,827
up €16,827 (+21.5%), from €78,153 to €94,980
of which Other amounts receivable: +€9,647
- Tangible fixed assets -€11,405
down €11,405 (-3.3%), from €342,866 to €331,461
of which Land and buildings: -€10,681
- Profit (loss) carried forward +€12,696
up €12,696 (+13.8%), from -€92,242 to -€79,546
- Gross operating margin +€11,674
up €11,674 (+35.6%), from €32,793 to €44,467
- Financial charges -€2,303
down €2,303 (-8.7%), from €26,492 to €24,189
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 | €592,021 | €596,891 | +€4,871 | +0.8% |
| Fixed assets | 21/28 | €512,866 | €501,461 | -€11,405 | -2.2% |
| Tangible fixed assets | 22/27 | €342,866 | €331,461 | -€11,405 | -3.3% |
| Land and buildings | 22 | €339,937 | €329,256 | -€10,681 | -3.1% |
| Plant, machinery and equipment | 23 | €2,929 | €2,205 | -€724 | -24.7% |
| Financial fixed assets | 28 | €170,000 | €170,000 | = | 0.0% |
| Current assets | 29/58 | €79,154 | €95,430 | +€16,276 | +20.6% |
| Amounts receivable within one year | 40/41 | €78,153 | €94,980 | +€16,827 | +21.5% |
| Trade receivables | 40 | €11,774 | €18,954 | +€7,180 | +61.0% |
| Other amounts receivable | 41 | €66,380 | €76,027 | +€9,647 | +14.5% |
| Cash at bank and in hand | 54/58 | €806 | €221 | -€585 | -72.6% |
| Deferred charges and accrued income | 490/1 | €195 | €229 | +€34 | +17.4% |
| Total equity and liabilities | 10/49 | €592,021 | €596,891 | +€4,871 | +0.8% |
| Equity | 10/15 | -€11,030 | -€3,335 | +€7,695 | +69.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,012 | €70,011 | -€5,001 | -6.7% |
| Tax-exempt reserves | 132 | €75,012 | €70,011 | -€5,001 | -6.7% |
| Profit (loss) carried forward | 14 | -€92,242 | -€79,546 | +€12,696 | +13.8% |
| Provisions and deferred taxes | 16 | €38,625 | €36,050 | -€2,575 | -6.7% |
| Deferred taxes | 168 | €38,625 | €36,050 | -€2,575 | -6.7% |
| Amounts payable | 17/49 | €564,426 | €564,176 | -€250 | 0.0% |
| Amounts payable after more than one year | 17 | €550,000 | €550,000 | = | 0.0% |
| Financial debts | 170/4 | €550,000 | €550,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,426 | €14,176 | -€250 | -1.7% |
| Trade debts | 44 | €552 | - | -€552 | |
| Suppliers | 440/4 | €552 | - | -€552 | |
| Taxes, remuneration and social security | 45 | €1,971 | €2,274 | +€303 | +15.4% |
| Taxes | 450/3 | €1,971 | €2,274 | +€303 | +15.4% |
| Other amounts payable | 47/48 | €11,902 | €11,902 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,882 | €13,005 | +€123 | +1.0% |
| Other operating charges | 640/8 | €2,076 | €2,152 | +€76 | +3.6% |
| Gross operating margin | 9900 | €32,793 | €44,467 | +€11,674 | +35.6% |
| Operating profit (loss) | 9901 | €17,834 | €29,309 | +€11,475 | +64.3% |
| Financial charges | 65/66B | €26,492 | €24,189 | -€2,303 | -8.7% |
| Recurring financial charges | 65 | €26,492 | €24,189 | -€2,303 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,658 | €5,120 | +€13,778 | |
| Transfer from deferred taxes | 780 | €2,575 | €2,575 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€6,083 | €7,695 | +€13,778 | |
| Transfer from tax-exempt reserves | 789 | €5,001 | €5,001 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,082 | €12,696 | +€13,778 |
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 31 October 2026 via checked.be.