Woodmate: 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.
Woodmate
Largest movements
- Cash -€57,750
down €57,750 (-41.9%), from €137,827 to €80,077
mainly Contributions, distributions and other (-€225,000) and Tax, wage and social debts (-€48,317)
- Receivables after one year -€45,000
down €45,000 (-100.0%), from €45,000 to €0
- Receivables within one year -€15,087
down €15,087 (-33.8%), from €44,593 to €29,506
of which Trade receivables: -€12,702
- Tangible fixed assets -€12,085
down €12,085 (-22.3%), from €54,305 to €42,220
of which Furniture and vehicles: -€12,513
- Current investments +€9,989
new in 2025: €9,989
- Reserves -€87,586
down €87,586 (-36.0%), from €243,530 to €155,944
- Tax, wage and social debts -€48,317
down €48,317 (-70.7%), from €68,332 to €20,015
of which Taxes: -€48,317
- Other debts +€10,991
up €10,991, from €0 to €10,991
- Gross operating margin +€32,662
up €32,662 (+19.7%), from €166,214 to €198,876
- Taxes +€4,979
up €4,979 (+13.5%), from €36,885 to €41,864
- Depreciation +€3,965
up €3,965 (+34.2%), from €11,579 to €15,544
- Financial charges +€3,010
up €3,010 (+1613.3%), from €187 to €3,196
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.
Cash bridge derived
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 | €316,380 | €191,733 | -€124,648 | -39.4% |
| Fixed assets | 21/28 | €86,855 | €70,570 | -€16,285 | -18.7% |
| Tangible fixed assets | 22/27 | €54,305 | €42,220 | -€12,085 | -22.3% |
| Plant, machinery and equipment | 23 | €2,213 | €2,641 | +€428 | +19.4% |
| Furniture and vehicles | 24 | €52,092 | €39,579 | -€12,513 | -24.0% |
| Financial fixed assets | 28 | €32,550 | €28,350 | -€4,200 | -12.9% |
| Current assets | 29/58 | €229,525 | €121,163 | -€108,363 | -47.2% |
| Amounts receivable after more than one year | 29 | €45,000 | €0 | -€45,000 | -100.0% |
| Other amounts receivable | 291 | €45,000 | €0 | -€45,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €44,593 | €29,506 | -€15,087 | -33.8% |
| Trade receivables | 40 | €42,208 | €29,506 | -€12,702 | -30.1% |
| Other amounts receivable | 41 | €2,386 | €0 | -€2,386 | -100.0% |
| Current investments | 50/53 | - | €9,989 | +€9,989 | |
| Cash at bank and in hand | 54/58 | €137,827 | €80,077 | -€57,750 | -41.9% |
| Deferred charges and accrued income | 490/1 | €2,105 | €1,590 | -€514 | -24.4% |
| Total equity and liabilities | 10/49 | €316,380 | €191,733 | -€124,648 | -39.4% |
| Equity | 10/15 | €246,530 | €158,944 | -€87,586 | -35.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €243,530 | €155,944 | -€87,586 | -36.0% |
| Distributable reserves | 133 | €243,530 | €155,944 | -€87,586 | -36.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €69,850 | €32,788 | -€37,062 | -53.1% |
| Amounts payable within one year | 42/48 | €68,952 | €31,918 | -€37,034 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €620 | €911 | +€291 | +47.0% |
| Suppliers | 440/4 | €620 | €911 | +€291 | +47.0% |
| Taxes, remuneration and social security | 45 | €68,332 | €20,015 | -€48,317 | -70.7% |
| Taxes | 450/3 | €64,326 | €16,009 | -€48,317 | -75.1% |
| Remuneration and social security | 454/9 | €4,006 | €4,006 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €10,991 | +€10,991 | |
| Accrued charges and deferred income | 492/3 | €898 | €871 | -€27 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,579 | €15,544 | +€3,965 | +34.2% |
| Other operating charges | 640/8 | €714 | €1,287 | +€572 | +80.1% |
| Gross operating margin | 9900 | €166,214 | €198,876 | +€32,662 | +19.7% |
| Operating profit (loss) | 9901 | €153,921 | €182,045 | +€28,124 | +18.3% |
| Financial income | 75/76B | €1,189 | €429 | -€760 | -63.9% |
| Recurring financial income | 75 | €1,189 | €429 | -€760 | -63.9% |
| Financial charges | 65/66B | €187 | €3,196 | +€3,010 | +1613.3% |
| Recurring financial charges | 65 | €187 | €3,196 | +€3,010 | +1613.3% |
| Profit (loss) for the period before taxes | 9903 | €154,924 | €179,278 | +€24,354 | +15.7% |
| Income taxes | 67/77 | €36,885 | €41,864 | +€4,979 | +13.5% |
| Profit (loss) for the period | 9904 | €118,039 | €137,414 | +€19,376 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €118,039 | €137,414 | +€19,376 | +16.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.