WOODexpert: 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.
WOODexpert
Largest movements
- Receivables within one year +€46,530
up €46,530 (+33.6%), from €138,633 to €185,162
of which Trade receivables: +€57,113
- Stocks and contracts -€36,257
down €36,257 (-36.8%), from €98,499 to €62,242
of which Contracts in progress: -€21,704
- Cash +€4,045
up €4,045 (+404,531%), from €1 to €4,046
mainly Stocks and contracts (+€36,257) and Net result for the year (+€16,843)
- Trade debts -€36,530
down €36,530 (-51.4%), from €71,065 to €34,535
- Reserves +€16,843
up €16,843 (+11.5%), from €146,529 to €163,372
- Other debts +€14,797
up €14,797, from €0 to €14,797
- Short-term financial debts +€13,521
up €13,521 (+113%), from €11,943 to €25,464
- Tax, wage and social debts +€3,285
up €3,285 (+35.2%), from €9,339 to €12,624
of which Taxes: +€5,750
- Gross operating margin +€47,163
up €47,163 (+45.4%), from €103,894 to €151,057
- Staff costs +€41,204
up €41,204 (+58.0%), from €71,070 to €112,274
- Depreciation -€7,194
down €7,194 (-83.4%), from €8,625 to €1,431
- Financial charges +€6,078
up €6,078 (+87.9%), from €6,917 to €12,994
- Taxes +€1,541
up €1,541 (+36.6%), from €4,209 to €5,750
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 | €243,876 | €255,793 | +€11,916 | +4.9% |
| Fixed assets | 21/28 | €2,462 | €1,537 | -€925 | -37.6% |
| Tangible fixed assets | 22/27 | €1,681 | €756 | -€925 | -55.0% |
| Plant, machinery and equipment | 23 | €1,681 | €393 | -€1,288 | -76.6% |
| Furniture and vehicles | 24 | - | €363 | +€363 | |
| Financial fixed assets | 28 | €781 | €781 | = | 0.0% |
| Current assets | 29/58 | €241,415 | €254,256 | +€12,841 | +5.3% |
| Stocks and contracts in progress | 3 | €98,499 | €62,242 | -€36,257 | -36.8% |
| Stocks | 30/36 | €50,682 | €36,129 | -€14,553 | -28.7% |
| Contracts in progress | 37 | €47,816 | €26,112 | -€21,704 | -45.4% |
| Amounts receivable within one year | 40/41 | €138,633 | €185,162 | +€46,530 | +33.6% |
| Trade receivables | 40 | €66,911 | €124,024 | +€57,113 | +85.4% |
| Other amounts receivable | 41 | €71,722 | €61,138 | -€10,584 | -14.8% |
| Cash at bank and in hand | 54/58 | €1 | €4,046 | +€4,045 | +404,531% |
| Deferred charges and accrued income | 490/1 | €4,282 | €2,806 | -€1,477 | -34.5% |
| Total equity and liabilities | 10/49 | €243,876 | €255,793 | +€11,916 | +4.9% |
| Equity | 10/15 | €151,529 | €168,372 | +€16,843 | +11.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €146,529 | €163,372 | +€16,843 | +11.5% |
| Distributable reserves | 133 | €146,529 | €163,372 | +€16,843 | +11.5% |
| Amounts payable | 17/49 | €92,347 | €87,420 | -€4,927 | -5.3% |
| Amounts payable within one year | 42/48 | €92,347 | €87,420 | -€4,927 | -5.3% |
| Financial debts | 43 | €11,943 | €25,464 | +€13,521 | +113% |
| Credit institutions | 430/8 | €11,943 | €25,464 | +€13,521 | +113% |
| Trade debts | 44 | €71,065 | €34,535 | -€36,530 | -51.4% |
| Suppliers | 440/4 | €71,065 | €34,535 | -€36,530 | -51.4% |
| Taxes, remuneration and social security | 45 | €9,339 | €12,624 | +€3,285 | +35.2% |
| Taxes | 450/3 | €4,209 | €9,960 | +€5,750 | +137% |
| Remuneration and social security | 454/9 | €5,130 | €2,665 | -€2,465 | -48.1% |
| Other amounts payable | 47/48 | €0 | €14,797 | +€14,797 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €71,070 | €112,274 | +€41,204 | +58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,625 | €1,431 | -€7,194 | -83.4% |
| Other operating charges | 640/8 | €3,178 | €4,707 | +€1,529 | +48.1% |
| Gross operating margin | 9900 | €103,894 | €151,057 | +€47,163 | +45.4% |
| Operating profit (loss) | 9901 | €21,020 | €32,645 | +€11,624 | +55.3% |
| Financial income | 75/76B | €2,193 | €2,943 | +€750 | +34.2% |
| Recurring financial income | 75 | €2,193 | €2,943 | +€750 | +34.2% |
| Financial charges | 65/66B | €6,917 | €12,994 | +€6,078 | +87.9% |
| Recurring financial charges | 65 | €6,917 | €12,994 | +€6,078 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | €16,297 | €22,594 | +€6,296 | +38.6% |
| Income taxes | 67/77 | €4,209 | €5,750 | +€1,541 | +36.6% |
| Profit (loss) for the period | 9904 | €12,088 | €16,843 | +€4,755 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,088 | €16,843 | +€4,755 | +39.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.