Air World Window: 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.
Air World Window
Largest movements
- Receivables within one year +€47,439
up €47,439 (+29.0%), from €163,318 to €210,758
of which Trade receivables: +€55,202
- Tangible fixed assets -€26,337
down €26,337 (-20.7%), from €127,410 to €101,073
of which Furniture and vehicles: -€25,457
- Cash -€25,520
down €25,520 (-60.8%), from €41,975 to €16,455
mainly Receivables within one year (-€47,439) and Debts after one year (-€25,781)
- Debts after one year -€25,781
down €25,781 (-51.5%), from €50,043 to €24,262
- Other debts +€21,221
up €21,221 (+6.2%), from €343,047 to €364,268
- Gross operating margin +€4,418
up €4,418 (+15.6%), from €28,306 to €32,724
- Taxes +€1,008
new in 2025: €1,008
- Financial charges -€885
down €885 (-22.5%), from €3,926 to €3,041
- Depreciation +€657
up €657 (+2.6%), from €25,681 to €26,337
- Other operating charges +€652
up €652 (+88.2%), from €739 to €1,392
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 | €754,080 | €751,649 | -€2,431 | -0.3% |
| Fixed assets | 21/28 | €548,786 | €522,449 | -€26,337 | -4.8% |
| Tangible fixed assets | 22/27 | €127,410 | €101,073 | -€26,337 | -20.7% |
| Plant, machinery and equipment | 23 | €4,179 | €3,298 | -€881 | -21.1% |
| Furniture and vehicles | 24 | €123,231 | €97,774 | -€25,457 | -20.7% |
| Financial fixed assets | 28 | €421,376 | €421,376 | = | 0.0% |
| Current assets | 29/58 | €205,293 | €229,200 | +€23,907 | +11.6% |
| Amounts receivable within one year | 40/41 | €163,318 | €210,758 | +€47,439 | +29.0% |
| Trade receivables | 40 | €35,524 | €90,726 | +€55,202 | +155% |
| Other amounts receivable | 41 | €127,794 | €120,032 | -€7,762 | -6.1% |
| Cash at bank and in hand | 54/58 | €41,975 | €16,455 | -€25,520 | -60.8% |
| Deferred charges and accrued income | 490/1 | - | €1,987 | +€1,987 | |
| Total equity and liabilities | 10/49 | €754,080 | €751,649 | -€2,431 | -0.3% |
| Equity | 10/15 | €68,033 | €68,979 | +€946 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,573 | €48,519 | +€946 | +2.0% |
| Amounts payable | 17/49 | €686,046 | €682,669 | -€3,377 | -0.5% |
| Amounts payable after more than one year | 17 | €50,043 | €24,262 | -€25,781 | -51.5% |
| Financial debts | 170/4 | €50,043 | €24,262 | -€25,781 | -51.5% |
| Amounts payable within one year | 42/48 | €636,003 | €658,408 | +€22,405 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €24,942 | €25,781 | +€839 | +3.4% |
| Trade debts | 44 | €266,302 | €267,351 | +€1,049 | +0.4% |
| Suppliers | 440/4 | €266,302 | €267,351 | +€1,049 | +0.4% |
| Taxes, remuneration and social security | 45 | €1,712 | €1,008 | -€705 | -41.1% |
| Taxes | 450/3 | €1,712 | €1,008 | -€705 | -41.1% |
| Other amounts payable | 47/48 | €343,047 | €364,268 | +€21,221 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,681 | €26,337 | +€657 | +2.6% |
| Other operating charges | 640/8 | €739 | €1,392 | +€652 | +88.2% |
| Gross operating margin | 9900 | €28,306 | €32,724 | +€4,418 | +15.6% |
| Operating profit (loss) | 9901 | €1,886 | €4,995 | +€3,109 | +165% |
| Financial charges | 65/66B | €3,926 | €3,041 | -€885 | -22.5% |
| Recurring financial charges | 65 | €3,926 | €3,041 | -€885 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,040 | €1,954 | +€3,994 | |
| Income taxes | 67/77 | - | €1,008 | +€1,008 | |
| Profit (loss) for the period | 9904 | -€2,040 | €946 | +€2,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,040 | €946 | +€2,986 |
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 24 October 2026 via checked.be.