WOODLASKA: 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.
WOODLASKA
Largest movements
- Receivables within one year +€803,903
up €803,903 (+95.0%), from €845,952 to €1.6m
of which Trade receivables: +€760,874
- Cash -€84,791
down €84,791 (-78.7%), from €107,714 to €22,923
mainly Receivables within one year (-€803,903) and Advances received (-€260,920)
- Tangible fixed assets +€27,428
up €27,428 (+4.1%), from €672,195 to €699,623
of which Plant, machinery and equipment: +€51,897
- Trade debts +€983,879
up €983,879 (+347%), from €283,218 to €1.3m
- Advances received -€260,920
down €260,920 (-91.8%), from €284,196 to €23,275
- Gross operating margin -€139,349
down €139,349 (-58.1%), from €240,018 to €100,669
- Taxes -€29,052
down €29,052 (-68.7%), from €42,287 to €13,235
- Depreciation +€10,931
up €10,931 (+39.5%), from €27,647 to €38,578
- Financial charges -€8,243
down €8,243 (-26.1%), from €31,602 to €23,359
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,628,159 | €2,372,402 | +€744,243 | +45.7% |
| Fixed assets | 21/28 | €672,195 | €699,623 | +€27,428 | +4.1% |
| Tangible fixed assets | 22/27 | €672,195 | €699,623 | +€27,428 | +4.1% |
| Land and buildings | 22 | €627,780 | €611,969 | -€15,811 | -2.5% |
| Plant, machinery and equipment | 23 | €11,600 | €63,497 | +€51,897 | +447% |
| Furniture and vehicles | 24 | €14,034 | €7,852 | -€6,182 | -44.0% |
| Other tangible fixed assets | 26 | €18,781 | €16,305 | -€2,475 | -13.2% |
| Current assets | 29/58 | €955,964 | €1,672,779 | +€716,815 | +75.0% |
| Amounts receivable within one year | 40/41 | €845,952 | €1,649,855 | +€803,903 | +95.0% |
| Trade receivables | 40 | €837,984 | €1,598,858 | +€760,874 | +90.8% |
| Other amounts receivable | 41 | €7,969 | €50,997 | +€43,029 | +540% |
| Cash at bank and in hand | 54/58 | €107,714 | €22,923 | -€84,791 | -78.7% |
| Deferred charges and accrued income | 490/1 | €2,298 | €0 | -€2,298 | -100% |
| Total equity and liabilities | 10/49 | €1,628,159 | €2,372,402 | +€744,243 | +45.7% |
| Equity | 10/15 | €356,917 | €380,256 | +€23,339 | +6.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €294,036 | €317,374 | +€23,339 | +7.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €153,383 | €149,681 | -€3,703 | -2.4% |
| Distributable reserves | 133 | €138,652 | €165,694 | +€27,041 | +19.5% |
| Profit (loss) carried forward | 14 | €42,882 | €42,882 | = | 0.0% |
| Provisions and deferred taxes | 16 | €25,874 | €24,948 | -€926 | -3.6% |
| Deferred taxes | 168 | €25,874 | €24,948 | -€926 | -3.6% |
| Amounts payable | 17/49 | €1,245,368 | €1,967,197 | +€721,829 | +58.0% |
| Amounts payable after more than one year | 17 | €557,744 | €551,309 | -€6,436 | -1.2% |
| Financial debts | 170/4 | €557,744 | €551,309 | -€6,436 | -1.2% |
| Amounts payable within one year | 42/48 | €669,988 | €1,398,253 | +€728,265 | +109% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Trade debts | 44 | €283,218 | €1,267,097 | +€983,879 | +347% |
| Suppliers | 440/4 | €283,218 | €1,267,097 | +€983,879 | +347% |
| Advances received on contracts in progress | 46 | €284,196 | €23,275 | -€260,920 | -91.8% |
| Taxes, remuneration and social security | 45 | €68,974 | €72,880 | +€3,906 | +5.7% |
| Taxes | 450/3 | €68,974 | €72,880 | +€3,906 | +5.7% |
| Other amounts payable | 47/48 | €13,600 | €0 | -€13,600 | -100% |
| Accrued charges and deferred income | 492/3 | €17,636 | €17,636 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,647 | €38,578 | +€10,931 | +39.5% |
| Other operating charges | 640/8 | €4,934 | €3,084 | -€1,849 | -37.5% |
| Gross operating margin | 9900 | €240,018 | €100,669 | -€139,349 | -58.1% |
| Operating profit (loss) | 9901 | €207,437 | €59,007 | -€148,430 | -71.6% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €31,602 | €23,359 | -€8,243 | -26.1% |
| Recurring financial charges | 65 | €31,602 | €23,359 | -€8,243 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €175,840 | €35,648 | -€140,192 | -79.7% |
| Transfer from deferred taxes | 780 | €926 | €926 | = | 0.0% |
| Income taxes | 67/77 | €42,287 | €13,235 | -€29,052 | -68.7% |
| Profit (loss) for the period | 9904 | €134,479 | €23,339 | -€111,140 | -82.6% |
| Transfer from tax-exempt reserves | 789 | €3,703 | €3,703 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €49,889 | €0 | -€49,889 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €88,293 | €27,041 | -€61,251 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.