WOODPRO: 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.
What changed
WOODPRO
NACE 43.320, Joinery installation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€174,730
2024 · €163,750+€10,980
Equity
€193,646
2024 · €199,028-€5,382
Cash
€54,616
2024 · €62,004-€7,388
Balance sheet total
€1.3m
2024 · €1.3m-€5,928
Largest movements
Assets
- Receivables within one year +€64,405
up €64,405 (+31.9%), from €202,105 to €266,510
of which Other amounts receivable: +€85,651
- Tangible fixed assets -€52,696
down €52,696 (-5.1%), from €1.0m to €974,704
of which Land and buildings: -€50,237
Equity and liabilities
- Debts after one year +€209,167
up €209,167 (+39.2%), from €533,334 to €742,500
- Other debts -€175,000
down €175,000 (-50.0%), from €350,000 to €175,000
- Advances received -€51,753
down €51,753 (-75.8%), from €68,253 to €16,500
Income statement
- Depreciation -€27,335
down €27,335 (-25.3%), from €107,862 to €80,527
- Provisions +€10,642
no longer reported in 2025 (was -€10,642)
- Financial charges +€7,409
up €7,409 (+61.3%), from €12,077 to €19,485
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.
Result 2024
€163,750
Gross operating margin
+€114
Staff costs
-€55
Depreciation
+€27,335
Provisions
-€10,642
Other operating charges
-€373
Financial income
-€1,601
Financial charges
-€7,409
Taxes
+€3,611
Result 2025
€174,730
raises the resultlowers the result
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.
From operations
-€18,761
Investment
-€26,000
Financing
+€37,372
Cash 2024
€62,004
From operations (derived)
-€18,761
Net result for the year
+€174,730
Depreciation
+€80,527
Stocks and contracts
+€6,045
Receivables within one year
-€64,405
Deferred charges and accrued income
+€2,372
Trade debts
+€4,559
Tax, wage and social debts
+€3,563
Advances received
-€51,753
Other debts
-€175,000
Accrued charges and deferred income
+€600
Investment (derived)
-€26,000
Investment in fixed assets (net)
-€26,000
Financing
+€37,372
Debts after one year
+€209,167
Current portion of long-term debt
+€8,318
Contributions, distributions and other
-€180,112
Cash 2025
€54,616
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,336,349 | €1,330,420 | -€5,928 | -0.4% |
| Fixed assets | 21/28 | €1,029,231 | €974,704 | -€54,527 | -5.3% |
| Intangible fixed assets | 21 | €1,832 | - | -€1,832 | |
| Tangible fixed assets | 22/27 | €1,027,400 | €974,704 | -€52,696 | -5.1% |
| Land and buildings | 22 | €965,290 | €915,054 | -€50,237 | -5.2% |
| Plant, machinery and equipment | 23 | €37,240 | €53,194 | +€15,953 | +42.8% |
| Furniture and vehicles | 24 | €24,869 | €6,457 | -€18,412 | -74.0% |
| Current assets | 29/58 | €307,117 | €355,716 | +€48,599 | +15.8% |
| Stocks and contracts in progress | 3 | €32,139 | €26,094 | -€6,045 | -18.8% |
| Stocks | 30/36 | €32,139 | €26,094 | -€6,045 | -18.8% |
| Amounts receivable within one year | 40/41 | €202,105 | €266,510 | +€64,405 | +31.9% |
| Trade receivables | 40 | €110,171 | €88,925 | -€21,246 | -19.3% |
| Other amounts receivable | 41 | €91,934 | €177,585 | +€85,651 | +93.2% |
| Cash at bank and in hand | 54/58 | €62,004 | €54,616 | -€7,388 | -11.9% |
| Deferred charges and accrued income | 490/1 | €10,868 | €8,496 | -€2,372 | -21.8% |
| Total equity and liabilities | 10/49 | €1,336,349 | €1,330,420 | -€5,928 | -0.4% |
| Equity | 10/15 | €199,028 | €193,646 | -€5,382 | -2.7% |
| Contributions | 10/11 | €124,620 | €124,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,212 | €5,943 | -€270 | -4.3% |
| Investment grants | 15 | €68,196 | €63,083 | -€5,112 | -7.5% |
| Amounts payable | 17/49 | €1,137,321 | €1,136,774 | -€546 | 0.0% |
| Amounts payable after more than one year | 17 | €533,334 | €742,500 | +€209,167 | +39.2% |
| Financial debts | 170/4 | €533,334 | €742,500 | +€209,167 | +39.2% |
| Amounts payable within one year | 42/48 | €600,387 | €390,074 | -€210,313 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €83,438 | €91,756 | +€8,318 | +10.0% |
| Trade debts | 44 | €57,502 | €62,061 | +€4,559 | +7.9% |
| Suppliers | 440/4 | €57,502 | €62,061 | +€4,559 | +7.9% |
| Advances received on contracts in progress | 46 | €68,253 | €16,500 | -€51,753 | -75.8% |
| Taxes, remuneration and social security | 45 | €41,194 | €44,757 | +€3,563 | +8.6% |
| Taxes | 450/3 | €20,473 | €25,468 | +€4,995 | +24.4% |
| Remuneration and social security | 454/9 | €20,721 | €19,289 | -€1,432 | -6.9% |
| Other amounts payable | 47/48 | €350,000 | €175,000 | -€175,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | €3,600 | €4,200 | +€600 | +16.7% |
| Remuneration, social security and pensions | 62 | €213,717 | €213,772 | +€55 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,862 | €80,527 | -€27,335 | -25.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,642 | - | +€10,642 | |
| Other operating charges | 640/8 | €9,797 | €10,170 | +€373 | +3.8% |
| Gross operating margin | 9900 | €522,260 | €522,374 | +€114 | 0.0% |
| Operating profit (loss) | 9901 | €201,526 | €217,904 | +€16,378 | +8.1% |
| Financial income | 75/76B | €9,598 | €7,997 | -€1,601 | -16.7% |
| Recurring financial income | 75 | €9,598 | €7,997 | -€1,601 | -16.7% |
| Financial charges | 65/66B | €12,077 | €19,485 | +€7,409 | +61.3% |
| Recurring financial charges | 65 | €12,077 | €19,485 | +€7,409 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €199,047 | €206,416 | +€7,369 | +3.7% |
| Income taxes | 67/77 | €35,297 | €31,686 | -€3,611 | -10.2% |
| Profit (loss) for the period | 9904 | €163,750 | €174,730 | +€10,980 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €163,750 | €174,730 | +€10,980 | +6.7% |
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 17 October 2026 via checked.be.