Incomplete combustion.
With a good air supply, combustion should be complete and you end up with C02, without enough air (oxygen) for the fuel to combust properly, you end up with C0 – i.e. half as much oxygen in the resulting gas molecules.
Your woodburner can and will produce C0 and potentially kill you, particularly if you shut it right down and let it burn slowly, as this results in incomplete combustion.
Having a suitable air supply (i.e. draughty room or vent brick for over 5kW), as stated above, a well ventilated room/property, and a well sealed stove and flue can prevent it though. Best advice really is not to shut stoves down too much.
Since 2010 it has been a legal requirement of The Building Regulations to install a C0 detector in the same room as any new woodburner. That should help warn you………