WOODPROJECTS: 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.
WOODPROJECTS
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€40,801
down €40,801 (-29.9%), from €136,360 to €95,559
mainly Current investments (-€100,000) and Debts after one year (-€32,899)
- Tangible fixed assets -€37,913
down €37,913 (-13.4%), from €282,788 to €244,876
- Receivables within one year +€16,050
up €16,050 (+182.9%), from €8,777 to €24,827
of which Trade receivables: +€12,356
- Reserves +€61,993
up €61,993 (+56.4%), from €109,914 to €171,906
- Debts after one year -€32,899
down €32,899 (-14.0%), from €234,903 to €202,005
- Tax, wage and social debts +€16,313
up €16,313 (+576.0%), from €2,832 to €19,145
of which Taxes: +€17,598
- Gross operating margin +€70,830
up €70,830 (+53.3%), from €132,877 to €203,707
- Taxes +€22,493
up €22,493 (+259.4%), from €8,672 to €31,165
- Staff costs +€4,641
up €4,641 (+8.8%), from €52,817 to €57,458
- Financial charges -€2,382
down €2,382 (-20.7%), from €11,490 to €9,108
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 | €440,380 | €478,914 | +€38,534 | +8.8% |
| Fixed assets | 21/28 | €282,788 | €244,876 | -€37,913 | -13.4% |
| Tangible fixed assets | 22/27 | €282,788 | €244,876 | -€37,913 | -13.4% |
| Land and buildings | 22 | €162,854 | €152,248 | -€10,606 | -6.5% |
| Plant, machinery and equipment | 23 | €80,464 | €62,365 | -€18,099 | -22.5% |
| Furniture and vehicles | 24 | €39,470 | €30,263 | -€9,207 | -23.3% |
| Current assets | 29/58 | €157,591 | €234,038 | +€76,447 | +48.5% |
| Stocks and contracts in progress | 3 | €9,240 | €10,280 | +€1,039 | +11.2% |
| Stocks | 30/36 | €9,240 | €10,280 | +€1,039 | +11.2% |
| Amounts receivable within one year | 40/41 | €8,777 | €24,827 | +€16,050 | +182.9% |
| Trade receivables | 40 | €1,459 | €13,815 | +€12,356 | +847.0% |
| Other amounts receivable | 41 | €7,319 | €11,013 | +€3,694 | +50.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €136,360 | €95,559 | -€40,801 | -29.9% |
| Deferred charges and accrued income | 490/1 | €3,214 | €3,373 | +€159 | +4.9% |
| Total equity and liabilities | 10/49 | €440,380 | €478,914 | +€38,534 | +8.8% |
| Equity | 10/15 | €122,314 | €184,306 | +€61,993 | +50.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €109,914 | €171,906 | +€61,993 | +56.4% |
| Distributable reserves | 133 | €109,914 | €171,906 | +€61,993 | +56.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €318,066 | €294,607 | -€23,459 | -7.4% |
| Amounts payable after more than one year | 17 | €234,903 | €202,005 | -€32,899 | -14.0% |
| Financial debts | 170/4 | €234,903 | €202,005 | -€32,899 | -14.0% |
| Amounts payable within one year | 42/48 | €83,163 | €92,547 | +€9,384 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €32,430 | €32,899 | +€469 | +1.4% |
| Financial debts | 43 | €5,085 | €3,375 | -€1,710 | -33.6% |
| Credit institutions | 430/8 | €5,085 | €3,375 | -€1,710 | -33.6% |
| Trade debts | 44 | €39,430 | €37,129 | -€2,301 | -5.8% |
| Suppliers | 440/4 | €39,430 | €37,129 | -€2,301 | -5.8% |
| Taxes, remuneration and social security | 45 | €2,832 | €19,145 | +€16,313 | +576.0% |
| Taxes | 450/3 | €1,547 | €19,145 | +€17,598 | +1137.7% |
| Remuneration and social security | 454/9 | €1,285 | €0 | -€1,285 | -100.0% |
| Other amounts payable | 47/48 | €3,386 | €0 | -€3,386 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €56 | +€56 | |
| Remuneration, social security and pensions | 62 | €52,817 | €57,458 | +€4,641 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,876 | €43,275 | +€399 | +0.9% |
| Other operating charges | 640/8 | €2,471 | €2,468 | -€2 | -0.1% |
| Non-recurring operating charges | 66A | €1,265 | €0 | -€1,265 | -100.0% |
| Gross operating margin | 9900 | €132,877 | €203,707 | +€70,830 | +53.3% |
| Operating profit (loss) | 9901 | €33,449 | €100,506 | +€67,057 | +200.5% |
| Financial income | 75/76B | €950 | €1,760 | +€810 | +85.2% |
| Recurring financial income | 75 | €950 | €1,760 | +€810 | +85.2% |
| Financial charges | 65/66B | €11,490 | €9,108 | -€2,382 | -20.7% |
| Recurring financial charges | 65 | €11,490 | €9,108 | -€2,382 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €22,909 | €93,158 | +€70,249 | +306.6% |
| Income taxes | 67/77 | €8,672 | €31,165 | +€22,493 | +259.4% |
| Profit (loss) for the period | 9904 | €14,237 | €61,993 | +€47,756 | +335.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,237 | €61,993 | +€47,756 | +335.4% |
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 11 October 2026 via checked.be.