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WOODEXPORT: what changed

Two fiscal 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.

What changed

WOODEXPORT

BE 0768.964.233
NACE 02.100, Forestry and logging
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,666
2024 · €25,648+€17,018
Equity
€333,420
2024 · €467,225-€133,805
Cash
€565,781
2024 · €545,947+€19,834
Balance sheet total
€1.4m
2024 · €1.5m-€126,602

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€223,883

    down €223,883 (-35.2%), from €636,598 to €412,715

  • Receivables within one year +€88,099

    up €88,099 (+38.6%), from €228,008 to €316,107

    of which Other amounts receivable: +€123,642

  • Cash +€19,834

    up €19,834 (+3.6%), from €545,947 to €565,781

    mainly Stocks and contracts (+€223,883) and Other debts (+€176,471)

Equity and liabilities
  • Trade debts -€215,231

    down €215,231 (-91.4%), from €235,588 to €20,357

  • Other debts +€176,471

    new in 2025: €176,471

  • Profit (loss) carried forward -€133,805

    down €133,805 (-28.9%), from €462,225 to €328,420

  • Debts after one year +€69,179

    up €69,179 (+9.6%), from €723,991 to €793,170

  • Current portion of long-term debt -€24,937

    down €24,937 (-61.2%), from €40,749 to €15,813

Income statement
  • Gross operating margin +€30,528

    up €30,528 (+19.8%), from €153,956 to €184,484

  • Financial charges +€25,334

    up €25,334 (+35.2%), from €71,979 to €97,312

  • Taxes +€16,539

    up €16,539 (+99.8%), from €16,575 to €33,114

  • Other operating charges -€16,535

    down €16,535 (-86.3%), from €19,150 to €2,615

  • Depreciation +€5,417

    up €5,417 (+85.4%), from €6,347 to €11,764

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €25,648
Gross operating margin +€30,528
Depreciation -€5,417
Other operating charges +€16,535
Other operating items +€15,557
Financial income +€1,687
Financial charges -€25,334
Taxes -€16,539
Result 2025 €42,666

Cash bridge derived

cash 2024 to 2025

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.

From operations +€152,063
Investment €0
Financing -€132,228
Cash 2024 €545,947
Net result for the year +€42,666
Depreciation +€11,764
Stocks and contracts +€223,883
Receivables within one year -€88,099
Deferred charges and accrued income -€1,111
Trade debts -€215,231
Tax, wage and social debts +€18,957
Advances received -€17,527
Other debts +€176,471
Accrued charges and deferred income +€290
Debts after one year +€69,179
Current portion of long-term debt -€24,937
Contributions, distributions and other -€176,471
Cash 2025 €565,781
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,522,354 €1,395,751 -€126,602 -8.3%
Fixed assets 21/28 €52,474 €40,710 -€11,764 -22.4%
Tangible fixed assets 22/27 €52,474 €40,710 -€11,764 -22.4%
Furniture and vehicles 24 €52,474 €40,710 -€11,764 -22.4%
Current assets 29/58 €1,469,880 €1,355,042 -€114,838 -7.8%
Amounts receivable after more than one year 29 €52,500 €52,500 = 0.0%
Other amounts receivable 291 €52,500 €52,500 = 0.0%
Stocks and contracts in progress 3 €636,598 €412,715 -€223,883 -35.2%
Stocks 30/36 €636,598 €412,715 -€223,883 -35.2%
Amounts receivable within one year 40/41 €228,008 €316,107 +€88,099 +38.6%
Trade receivables 40 €193,752 €158,209 -€35,543 -18.3%
Other amounts receivable 41 €34,256 €157,898 +€123,642 +360.9%
Cash at bank and in hand 54/58 €545,947 €565,781 +€19,834 +3.6%
Deferred charges and accrued income 490/1 €6,827 €7,938 +€1,111 +16.3%
Total equity and liabilities 10/49 €1,522,354 €1,395,751 -€126,602 -8.3%
Equity 10/15 €467,225 €333,420 -€133,805 -28.6%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €462,225 €328,420 -€133,805 -28.9%
Amounts payable 17/49 €1,055,129 €1,062,331 +€7,203 +0.7%
Amounts payable after more than one year 17 €723,991 €793,170 +€69,179 +9.6%
Financial debts 170/4 €723,991 €793,170 +€69,179 +9.6%
Amounts payable within one year 42/48 €295,863 €233,597 -€62,267 -21.0%
Current portion of amounts payable after more than one year 42 €40,749 €15,813 -€24,937 -61.2%
Trade debts 44 €235,588 €20,357 -€215,231 -91.4%
Suppliers 440/4 €235,588 €20,357 -€215,231 -91.4%
Advances received on contracts in progress 46 €17,527 - -€17,527
Taxes, remuneration and social security 45 €1,999 €20,956 +€18,957 +948.3%
Taxes 450/3 €1,999 €20,956 +€18,957 +948.3%
Other amounts payable 47/48 - €176,471 +€176,471
Accrued charges and deferred income 492/3 €35,274 €35,565 +€290 +0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,347 €11,764 +€5,417 +85.4%
Other operating charges 640/8 €19,150 €2,615 -€16,535 -86.3%
Non-recurring operating charges 66A €15,557 - -€15,557
Gross operating margin 9900 €153,956 €184,484 +€30,528 +19.8%
Operating profit (loss) 9901 €112,902 €170,106 +€57,204 +50.7%
Financial income 75/76B €1,300 €2,987 +€1,687 +129.7%
Recurring financial income 75 €1,300 €2,987 +€1,687 +129.7%
Financial charges 65/66B €71,979 €97,312 +€25,334 +35.2%
Recurring financial charges 65 €71,979 €97,312 +€25,334 +35.2%
Profit (loss) for the period before taxes 9903 €42,223 €75,780 +€33,557 +79.5%
Income taxes 67/77 €16,575 €33,114 +€16,539 +99.8%
Profit (loss) for the period 9904 €25,648 €42,666 +€17,018 +66.4%
Profit (loss) for the period to be appropriated 9905 €25,648 €42,666 +€17,018 +66.4%

Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.