WOODLOC: 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.
WOODLOC
Largest movements
- Receivables within one year +€95,645
up €95,645 (+1,861%), from €5,139 to €100,784
of which Trade receivables: +€95,897
- Stocks and contracts -€73,886
down €73,886 (-84.1%), from €87,821 to €13,935
- Tangible fixed assets +€66,860
up €66,860 (+225%), from €29,656 to €96,516
of which Other tangible fixed assets: +€75,040
- Trade debts +€94,472
up €94,472 (+7,808%), from €1,210 to €95,682
- Debts after one year -€21,985
down €21,985 (-33.9%), from €64,890 to €42,904
- Reserves +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€4,055
up €4,055 (+87.6%), from €4,626 to €8,681
- Current portion of long-term debt +€2,501
up €2,501 (+11.7%), from €21,384 to €23,885
- Gross operating margin +€25,449
up €25,449 (+85.8%), from €29,669 to €55,118
- Depreciation +€21,260
up €21,260 (+184%), from €11,543 to €32,803
- Taxes +€2,455
up €2,455 (+79.2%), from €3,100 to €5,555
- Write-downs +€639
new in 2025: €639
- Financial charges -€585
down €585 (-11.3%), from €5,179 to €4,594
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 | €147,209 | €235,702 | +€88,493 | +60.1% |
| Fixed assets | 21/28 | €30,656 | €97,516 | +€66,860 | +218% |
| Tangible fixed assets | 22/27 | €29,656 | €96,516 | +€66,860 | +225% |
| Plant, machinery and equipment | 23 | €1,448 | €4,705 | +€3,257 | +225% |
| Furniture and vehicles | 24 | €28,208 | €16,771 | -€11,437 | -40.5% |
| Other tangible fixed assets | 26 | - | €75,040 | +€75,040 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €116,553 | €138,186 | +€21,633 | +18.6% |
| Stocks and contracts in progress | 3 | €87,821 | €13,935 | -€73,886 | -84.1% |
| Stocks | 30/36 | €87,821 | €13,935 | -€73,886 | -84.1% |
| Amounts receivable within one year | 40/41 | €5,139 | €100,784 | +€95,645 | +1,861% |
| Trade receivables | 40 | €4,812 | €100,709 | +€95,897 | +1,993% |
| Other amounts receivable | 41 | €327 | €76 | -€251 | -76.8% |
| Cash at bank and in hand | 54/58 | €23,593 | €23,466 | -€127 | -0.5% |
| Total equity and liabilities | 10/49 | €147,209 | €235,702 | +€88,493 | +60.1% |
| Equity | 10/15 | €39,780 | €50,573 | +€10,793 | +27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €21,180 | €21,973 | +€793 | +3.7% |
| Amounts payable | 17/49 | €107,428 | €185,129 | +€77,700 | +72.3% |
| Amounts payable after more than one year | 17 | €64,890 | €42,904 | -€21,985 | -33.9% |
| Financial debts | 170/4 | €64,890 | €42,904 | -€21,985 | -33.9% |
| Amounts payable within one year | 42/48 | €42,539 | €142,224 | +€99,686 | +234% |
| Current portion of amounts payable after more than one year | 42 | €21,384 | €23,885 | +€2,501 | +11.7% |
| Trade debts | 44 | €1,210 | €95,682 | +€94,472 | +7,808% |
| Suppliers | 440/4 | €1,210 | €95,682 | +€94,472 | +7,808% |
| Taxes, remuneration and social security | 45 | €4,626 | €8,681 | +€4,055 | +87.6% |
| Taxes | 450/3 | €4,626 | €8,681 | +€4,055 | +87.6% |
| Other amounts payable | 47/48 | €15,319 | €13,976 | -€1,342 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,543 | €32,803 | +€21,260 | +184% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €639 | +€639 | |
| Other operating charges | 640/8 | €985 | €746 | -€240 | -24.3% |
| Gross operating margin | 9900 | €29,669 | €55,118 | +€25,449 | +85.8% |
| Operating profit (loss) | 9901 | €17,142 | €20,931 | +€3,789 | +22.1% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €5,179 | €4,594 | -€585 | -11.3% |
| Recurring financial charges | 65 | €5,179 | €4,594 | -€585 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €11,963 | €16,348 | +€4,385 | +36.7% |
| Income taxes | 67/77 | €3,100 | €5,555 | +€2,455 | +79.2% |
| Profit (loss) for the period | 9904 | €8,863 | €10,793 | +€1,930 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,863 | €10,793 | +€1,930 | +21.8% |
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 26 October 2026 via checked.be.