Woodlovers: 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.
Woodlovers
Largest movements
- Receivables within one year -€62,308
down €62,308 (-35.9%), from €173,768 to €111,459
of which Other amounts receivable: -€67,240
- Cash +€26,773
up €26,773 (+250%), from €10,703 to €37,476
mainly Net result for the year (+€92,959) and Receivables within one year (+€62,308)
- Tangible fixed assets -€1,940
down €1,940 (-66.2%), from €2,931 to €991
of which Plant, machinery and equipment: -€1,940
- Reserves -€31,041
down €31,041 (-99.0%), from €31,350 to €309
- Other debts -€10,000
down €10,000 (-7.5%), from €134,000 to €124,000
- Tax, wage and social debts +€6,964
up €6,964 (+57.0%), from €12,227 to €19,191
of which Taxes: +€6,964
- Short-term financial debts -€2,139
down €2,139 (-66.9%), from €3,195 to €1,056
- Trade debts -€1,971
down €1,971 (-30.2%), from €6,518 to €4,547
- Gross operating margin +€73,803
up €73,803 (+162%), from €45,477 to €119,280
- Taxes +€9,680
up €9,680 (+57.7%), from €16,764 to €26,444
- Financial income -€1,427
down €1,427 (-20.8%), from €6,868 to €5,441
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 | €192,291 | €154,103 | -€38,188 | -19.9% |
| Fixed assets | 21/28 | €2,931 | €991 | -€1,940 | -66.2% |
| Tangible fixed assets | 22/27 | €2,931 | €991 | -€1,940 | -66.2% |
| Plant, machinery and equipment | 23 | €2,931 | €991 | -€1,940 | -66.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €189,360 | €153,112 | -€36,248 | -19.1% |
| Amounts receivable within one year | 40/41 | €173,768 | €111,459 | -€62,308 | -35.9% |
| Trade receivables | 40 | €35,884 | €40,815 | +€4,932 | +13.7% |
| Other amounts receivable | 41 | €137,884 | €70,644 | -€67,240 | -48.8% |
| Cash at bank and in hand | 54/58 | €10,703 | €37,476 | +€26,773 | +250% |
| Deferred charges and accrued income | 490/1 | €4,890 | €4,177 | -€713 | -14.6% |
| Total equity and liabilities | 10/49 | €192,291 | €154,103 | -€38,188 | -19.9% |
| Equity | 10/15 | €36,350 | €5,309 | -€31,041 | -85.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,350 | €309 | -€31,041 | -99.0% |
| Distributable reserves | 133 | €31,350 | €309 | -€31,041 | -99.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €155,941 | €148,794 | -€7,146 | -4.6% |
| Amounts payable within one year | 42/48 | €155,941 | €148,794 | -€7,146 | -4.6% |
| Financial debts | 43 | €3,195 | €1,056 | -€2,139 | -66.9% |
| Credit institutions | 430/8 | €3,195 | €1,056 | -€2,139 | -66.9% |
| Trade debts | 44 | €6,518 | €4,547 | -€1,971 | -30.2% |
| Suppliers | 440/4 | €6,518 | €4,547 | -€1,971 | -30.2% |
| Taxes, remuneration and social security | 45 | €12,227 | €19,191 | +€6,964 | +57.0% |
| Taxes | 450/3 | €12,227 | €19,191 | +€6,964 | +57.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €134,000 | €124,000 | -€10,000 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,091 | €1,940 | -€151 | -7.2% |
| Other operating charges | 640/8 | €676 | €400 | -€276 | -40.9% |
| Gross operating margin | 9900 | €45,477 | €119,280 | +€73,803 | +162% |
| Operating profit (loss) | 9901 | €42,710 | €116,940 | +€74,230 | +174% |
| Financial income | 75/76B | €6,868 | €5,441 | -€1,427 | -20.8% |
| Recurring financial income | 75 | €6,868 | €5,441 | -€1,427 | -20.8% |
| Financial charges | 65/66B | €2,139 | €2,979 | +€840 | +39.3% |
| Recurring financial charges | 65 | €2,139 | €2,979 | +€840 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €47,440 | €119,402 | +€71,963 | +152% |
| Income taxes | 67/77 | €16,764 | €26,444 | +€9,680 | +57.7% |
| Profit (loss) for the period | 9904 | €30,676 | €92,959 | +€62,283 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €30,676 | €92,959 | +€62,283 | +203% |
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 20 October 2026 via checked.be.