WOODROW: what changed
Two fiscal 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.
WOODROW
Largest movements
- Cash -€29,889
down €29,889 (-90.6%), from €33,004 to €3,114
mainly Receivables within one year (-€28,725) and Net result for the year (-€24,687)
- Receivables within one year +€28,725
up €28,725 (+589.9%), from €4,870 to €33,595
of which Trade receivables: +€28,551
- Profit (loss) carried forward -€24,687
down €24,687 (-47.4%), from -€52,127 to -€76,814
- Trade debts +€23,510
new in 2025: €23,510
- Gross operating margin -€15,210
down €15,210 (-176.2%), from -€8,633 to -€23,843
- Other operating charges +€655
up €655 (+331.5%), from €197 to €852
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 | €37,873 | €36,709 | -€1,164 | -3.1% |
| Current assets | 29/58 | €37,873 | €36,709 | -€1,164 | -3.1% |
| Amounts receivable within one year | 40/41 | €4,870 | €33,595 | +€28,725 | +589.9% |
| Trade receivables | 40 | - | €28,551 | +€28,551 | |
| Other amounts receivable | 41 | €4,870 | €5,044 | +€174 | +3.6% |
| Cash at bank and in hand | 54/58 | €33,004 | €3,114 | -€29,889 | -90.6% |
| Total equity and liabilities | 10/49 | €37,873 | €36,709 | -€1,164 | -3.1% |
| Equity | 10/15 | €37,873 | €13,186 | -€24,687 | -65.2% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,127 | -€76,814 | -€24,687 | -47.4% |
| Amounts payable | 17/49 | - | €23,523 | +€23,523 | |
| Amounts payable within one year | 42/48 | - | €23,510 | +€23,510 | |
| Trade debts | 44 | - | €23,510 | +€23,510 | |
| Suppliers | 440/4 | - | €23,510 | +€23,510 | |
| Accrued charges and deferred income | 492/3 | - | €13 | +€13 | |
| Other operating charges | 640/8 | €197 | €852 | +€655 | +331.5% |
| Gross operating margin | 9900 | -€8,633 | -€23,843 | -€15,210 | -176.2% |
| Operating profit (loss) | 9901 | -€8,830 | -€24,695 | -€15,865 | -179.7% |
| Financial income | 75/76B | €184 | €174 | -€10 | -5.3% |
| Recurring financial income | 75 | €184 | €174 | -€10 | -5.3% |
| Financial charges | 65/66B | €141 | €166 | +€26 | +18.3% |
| Recurring financial charges | 65 | €141 | €166 | +€26 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,787 | -€24,687 | -€15,901 | -181.0% |
| Profit (loss) for the period | 9904 | -€8,787 | -€24,687 | -€15,901 | -181.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,787 | -€24,687 | -€15,901 | -181.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.