WOODPROJECTS VANDYCK: 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 VANDYCK
Largest movements
- Tangible fixed assets +€26,031
up €26,031 (+358%), from €7,273 to €33,303
- Cash -€6,365
down €6,365 (-5.2%), from €122,960 to €116,595
mainly Accrued charges and deferred income (-€48,522) and Investment in fixed assets (net) (-€30,979)
- Receivables within one year -€3,330
down €3,330 (-3.6%), from €92,479 to €89,149
of which Trade receivables: -€6,094
- Reserves +€62,401
up €62,401 (+87.7%), from €71,129 to €133,529
- Accrued charges and deferred income -€48,522
no longer reported in 2025 (was €48,522)
- Trade debts -€12,652
down €12,652 (-96.2%), from €13,156 to €504
- Tax, wage and social debts +€10,308
up €10,308 (+55.0%), from €18,752 to €29,061
- Other debts +€4,800
up €4,800 (+7.3%), from €66,154 to €70,954
- Gross operating margin +€33,579
up €33,579 (+52.2%), from €64,364 to €97,943
- Taxes +€5,932
up €5,932 (+25.1%), from €23,642 to €29,575
- Depreciation +€1,341
up €1,341 (+37.2%), from €3,608 to €4,948
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 | €222,712 | €239,047 | +€16,335 | +7.3% |
| Fixed assets | 21/28 | €7,273 | €33,303 | +€26,031 | +358% |
| Tangible fixed assets | 22/27 | €7,273 | €33,303 | +€26,031 | +358% |
| Plant, machinery and equipment | 23 | €7,273 | €33,303 | +€26,031 | +358% |
| Current assets | 29/58 | €215,439 | €205,743 | -€9,696 | -4.5% |
| Amounts receivable within one year | 40/41 | €92,479 | €89,149 | -€3,330 | -3.6% |
| Trade receivables | 40 | €92,479 | €86,385 | -€6,094 | -6.6% |
| Other amounts receivable | 41 | - | €2,764 | +€2,764 | |
| Cash at bank and in hand | 54/58 | €122,960 | €116,595 | -€6,365 | -5.2% |
| Total equity and liabilities | 10/49 | €222,712 | €239,047 | +€16,335 | +7.3% |
| Equity | 10/15 | €76,129 | €138,529 | +€62,401 | +82.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,129 | €133,529 | +€62,401 | +87.7% |
| Distributable reserves | 133 | €71,129 | €133,529 | +€62,401 | +87.7% |
| Amounts payable | 17/49 | €146,584 | €100,518 | -€46,066 | -31.4% |
| Amounts payable within one year | 42/48 | €98,062 | €100,518 | +€2,456 | +2.5% |
| Trade debts | 44 | €13,156 | €504 | -€12,652 | -96.2% |
| Suppliers | 440/4 | €13,156 | €504 | -€12,652 | -96.2% |
| Taxes, remuneration and social security | 45 | €18,752 | €29,061 | +€10,308 | +55.0% |
| Taxes | 450/3 | €18,752 | €29,061 | +€10,308 | +55.0% |
| Other amounts payable | 47/48 | €66,154 | €70,954 | +€4,800 | +7.3% |
| Accrued charges and deferred income | 492/3 | €48,522 | - | -€48,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,608 | €4,948 | +€1,341 | +37.2% |
| Other operating charges | 640/8 | €1,149 | €723 | -€426 | -37.1% |
| Gross operating margin | 9900 | €64,364 | €97,943 | +€33,579 | +52.2% |
| Operating profit (loss) | 9901 | €59,607 | €92,272 | +€32,665 | +54.8% |
| Financial income | 75/76B | €484 | €429 | -€55 | -11.3% |
| Recurring financial income | 75 | €484 | €429 | -€55 | -11.3% |
| Non-recurring financial income | 76B | €484 | €429 | -€55 | -11.3% |
| Financial charges | 65/66B | €132 | €726 | +€594 | +450% |
| Recurring financial charges | 65 | €132 | €726 | +€594 | +450% |
| Non-recurring financial charges | 66B | €132 | €726 | +€594 | +450% |
| Profit (loss) for the period before taxes | 9903 | €59,959 | €91,975 | +€32,016 | +53.4% |
| Income taxes | 67/77 | €23,642 | €29,575 | +€5,932 | +25.1% |
| Profit (loss) for the period | 9904 | €36,317 | €62,401 | +€26,084 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,317 | €62,401 | +€26,084 | +71.8% |
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 29 October 2026 via checked.be.