WOODPROJECTS MARC CUYVERS: 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 MARC CUYVERS
Largest movements
- Cash -€17,305
down €17,305 (-62.4%), from €27,743 to €10,438
mainly Investment in fixed assets (net) (-€29,866) and Contributions, distributions and other (-€25,931)
- Tangible fixed assets +€10,332
up €10,332 (+12.5%), from €82,950 to €93,282
of which Furniture and vehicles: +€14,678
- Tax, wage and social debts -€17,865
down €17,865 (-79.7%), from €22,411 to €4,546
- Reserves +€15,357
up €15,357 (+4.5%), from €343,722 to €359,079
of which Distributable reserves: +€15,357
- Gross operating margin +€15,649
up €15,649 (+29.2%), from €53,617 to €69,265
- Taxes +€6,079
up €6,079 (+42.0%), from €14,467 to €20,546
- Financial income +€1,013
up €1,013 (+7.8%), from €12,960 to €13,973
- Other operating charges -€847
down €847 (-32.8%), from €2,583 to €1,736
- Depreciation -€704
down €704 (-3.5%), from €20,238 to €19,533
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 | €387,485 | €383,360 | -€4,125 | -1.1% |
| Fixed assets | 21/28 | €82,950 | €93,282 | +€10,332 | +12.5% |
| Tangible fixed assets | 22/27 | €82,950 | €93,282 | +€10,332 | +12.5% |
| Plant, machinery and equipment | 23 | €17,200 | €12,854 | -€4,345 | -25.3% |
| Furniture and vehicles | 24 | €65,750 | €80,428 | +€14,678 | +22.3% |
| Current assets | 29/58 | €304,535 | €290,078 | -€14,457 | -4.7% |
| Amounts receivable within one year | 40/41 | €275,914 | €278,536 | +€2,621 | +1.0% |
| Trade receivables | 40 | €13,704 | €14,569 | +€864 | +6.3% |
| Other amounts receivable | 41 | €262,210 | €263,967 | +€1,757 | +0.7% |
| Cash at bank and in hand | 54/58 | €27,743 | €10,438 | -€17,305 | -62.4% |
| Deferred charges and accrued income | 490/1 | €878 | €1,104 | +€226 | +25.7% |
| Total equity and liabilities | 10/49 | €387,485 | €383,360 | -€4,125 | -1.1% |
| Equity | 10/15 | €362,272 | €377,629 | +€15,357 | +4.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €343,722 | €359,079 | +€15,357 | +4.5% |
| Tax-exempt reserves | 132 | €2,771 | €2,771 | = | 0.0% |
| Distributable reserves | 133 | €340,950 | €356,308 | +€15,357 | +4.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,213 | €5,731 | -€19,482 | -77.3% |
| Amounts payable within one year | 42/48 | €25,213 | €5,731 | -€19,482 | -77.3% |
| Trade debts | 44 | €2,802 | €1,184 | -€1,617 | -57.7% |
| Suppliers | 440/4 | €2,802 | €1,184 | -€1,617 | -57.7% |
| Taxes, remuneration and social security | 45 | €22,411 | €4,546 | -€17,865 | -79.7% |
| Taxes | 450/3 | €22,411 | €4,546 | -€17,865 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,238 | €19,533 | -€704 | -3.5% |
| Other operating charges | 640/8 | €2,583 | €1,736 | -€847 | -32.8% |
| Gross operating margin | 9900 | €53,617 | €69,265 | +€15,649 | +29.2% |
| Operating profit (loss) | 9901 | €30,796 | €47,996 | +€17,200 | +55.8% |
| Financial income | 75/76B | €12,960 | €13,973 | +€1,013 | +7.8% |
| Recurring financial income | 75 | €12,960 | €13,973 | +€1,013 | +7.8% |
| Financial charges | 65/66B | €255 | €134 | -€121 | -47.4% |
| Recurring financial charges | 65 | €255 | €134 | -€121 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €43,501 | €61,834 | +€18,333 | +42.1% |
| Income taxes | 67/77 | €14,467 | €20,546 | +€6,079 | +42.0% |
| Profit (loss) for the period | 9904 | €29,034 | €41,288 | +€12,254 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,034 | €41,288 | +€12,254 | +42.2% |
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 31 October 2026 via checked.be.