WOODNESS: 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.
WOODNESS
Largest movements
- Tangible fixed assets +€139,314
up €139,314 (+83.3%), from €167,224 to €306,538
of which Plant, machinery and equipment: +€90,337
- Stocks and contracts +€17,090
up €17,090 (+75.8%), from €22,553 to €39,643
- Deferred charges and accrued income +€11,307
up €11,307 (+1,150%), from €983 to €12,290
- Receivables within one year +€9,467
up €9,467 (+108%), from €8,734 to €18,201
of which Trade receivables: +€8,962
- Trade debts +€91,906
up €91,906 (+473%), from €19,432 to €111,337
- Debts after one year +€69,623
up €69,623 (+106%), from €65,806 to €135,430
- Short-term financial debts +€33,545
new in 2025: €33,545
- Other debts -€32,408
down €32,408 (-37.1%), from €87,423 to €55,015
- Current portion of long-term debt +€26,103
up €26,103 (+111%), from €23,440 to €49,543
- Gross operating margin -€65,265
down €65,265 (-38.1%), from €171,163 to €105,899
- Depreciation +€13,773
up €13,773 (+66.0%), from €20,869 to €34,642
- Taxes -€6,482
down €6,482 (-94.5%), from €6,863 to €381
- Financial charges +€2,879
up €2,879 (+64.9%), from €4,433 to €7,312
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 | €290,191 | €468,858 | +€178,668 | +61.6% |
| Fixed assets | 21/28 | €167,627 | €306,891 | +€139,264 | +83.1% |
| Intangible fixed assets | 21 | €403 | €353 | -€50 | -12.4% |
| Tangible fixed assets | 22/27 | €167,224 | €306,538 | +€139,314 | +83.3% |
| Plant, machinery and equipment | 23 | €37,027 | €127,364 | +€90,337 | +244% |
| Furniture and vehicles | 24 | €39,051 | €59,204 | +€20,153 | +51.6% |
| Other tangible fixed assets | 26 | €91,146 | €119,970 | +€28,824 | +31.6% |
| Current assets | 29/58 | €122,564 | €161,967 | +€39,404 | +32.1% |
| Stocks and contracts in progress | 3 | €22,553 | €39,643 | +€17,090 | +75.8% |
| Stocks | 30/36 | €22,553 | €39,643 | +€17,090 | +75.8% |
| Amounts receivable within one year | 40/41 | €8,734 | €18,201 | +€9,467 | +108% |
| Trade receivables | 40 | €250 | €9,212 | +€8,962 | +3,585% |
| Other amounts receivable | 41 | €8,484 | €8,989 | +€505 | +6.0% |
| Cash at bank and in hand | 54/58 | €90,293 | €91,833 | +€1,540 | +1.7% |
| Deferred charges and accrued income | 490/1 | €983 | €12,290 | +€11,307 | +1,150% |
| Total equity and liabilities | 10/49 | €290,191 | €468,858 | +€178,668 | +61.6% |
| Equity | 10/15 | €63,153 | €74,568 | +€11,415 | +18.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €62,153 | €73,568 | +€11,415 | +18.4% |
| Distributable reserves | 133 | €62,153 | €73,568 | +€11,415 | +18.4% |
| Amounts payable | 17/49 | €227,037 | €394,290 | +€167,253 | +73.7% |
| Amounts payable after more than one year | 17 | €65,806 | €135,430 | +€69,623 | +106% |
| Financial debts | 170/4 | €65,806 | €135,430 | +€69,623 | +106% |
| Amounts payable within one year | 42/48 | €160,895 | €258,861 | +€97,966 | +60.9% |
| Current portion of amounts payable after more than one year | 42 | €23,440 | €49,543 | +€26,103 | +111% |
| Financial debts | 43 | - | €33,545 | +€33,545 | |
| Credit institutions | 430/8 | - | €33,545 | +€33,545 | |
| Trade debts | 44 | €19,432 | €111,337 | +€91,906 | +473% |
| Suppliers | 440/4 | €19,432 | €111,337 | +€91,906 | +473% |
| Taxes, remuneration and social security | 45 | €30,600 | €9,420 | -€21,180 | -69.2% |
| Taxes | 450/3 | €20,474 | €3,681 | -€16,792 | -82.0% |
| Remuneration and social security | 454/9 | €10,127 | €5,739 | -€4,388 | -43.3% |
| Other amounts payable | 47/48 | €87,423 | €55,015 | -€32,408 | -37.1% |
| Accrued charges and deferred income | 492/3 | €336 | - | -€336 | |
| Remuneration, social security and pensions | 62 | €45,941 | €46,491 | +€550 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,869 | €34,642 | +€13,773 | +66.0% |
| Other operating charges | 640/8 | €702 | €1,655 | +€952 | +136% |
| Non-recurring operating charges | 66A | €12,948 | - | -€12,948 | |
| Gross operating margin | 9900 | €171,163 | €105,899 | -€65,265 | -38.1% |
| Operating profit (loss) | 9901 | €90,702 | €23,111 | -€67,592 | -74.5% |
| Financial income | 75/76B | €78 | €730 | +€652 | +837% |
| Recurring financial income | 75 | €78 | €730 | +€652 | +837% |
| Financial charges | 65/66B | €4,433 | €7,312 | +€2,879 | +64.9% |
| Recurring financial charges | 65 | €4,433 | €7,312 | +€2,879 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €86,347 | €16,528 | -€69,819 | -80.9% |
| Income taxes | 67/77 | €6,863 | €381 | -€6,482 | -94.5% |
| Profit (loss) for the period | 9904 | €79,485 | €16,148 | -€63,337 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,485 | €16,148 | -€63,337 | -79.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.