BUILDWIND: 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.
BUILDWIND
Largest movements
- Receivables within one year +€89,052
up €89,052 (+97.8%), from €91,087 to €180,139
of which Trade receivables: +€80,446
- Debts after one year +€40,246
new in 2025: €40,246
- Tax, wage and social debts +€35,907
up €35,907 (+92.9%), from €38,634 to €74,541
of which Remuneration and social security: +€20,989
- Other debts -€34,171
down €34,171 (-81.5%), from €41,935 to €7,763
- Trade debts +€33,753
up €33,753 (+242%), from €13,920 to €47,673
- Short-term financial debts +€5,808
new in 2025: €5,808
- Depreciation -€20,630
down €20,630 (-93.4%), from €22,083 to €1,454
- Gross operating margin +€19,032
up €19,032 (+12.1%), from €157,582 to €176,614
- Staff costs +€9,765
up €9,765 (+6.1%), from €159,429 to €169,194
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 | €102,183 | €188,322 | +€86,139 | +84.3% |
| Fixed assets | 21/28 | €2,755 | €1,301 | -€1,454 | -52.8% |
| Tangible fixed assets | 22/27 | €1,705 | €251 | -€1,454 | -85.3% |
| Furniture and vehicles | 24 | €1,705 | €251 | -€1,454 | -85.3% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €99,428 | €187,020 | +€87,593 | +88.1% |
| Amounts receivable within one year | 40/41 | €91,087 | €180,139 | +€89,052 | +97.8% |
| Trade receivables | 40 | €18,280 | €98,726 | +€80,446 | +440% |
| Other amounts receivable | 41 | €72,807 | €81,413 | +€8,606 | +11.8% |
| Cash at bank and in hand | 54/58 | €7,067 | €5,608 | -€1,459 | -20.6% |
| Deferred charges and accrued income | 490/1 | €1,274 | €1,274 | = | 0.0% |
| Total equity and liabilities | 10/49 | €102,183 | €188,322 | +€86,139 | +84.3% |
| Equity | 10/15 | €7,694 | €12,290 | +€4,597 | +59.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,166 | -€4,570 | +€4,597 | +50.1% |
| Amounts payable | 17/49 | €94,489 | €176,031 | +€81,543 | +86.3% |
| Amounts payable after more than one year | 17 | - | €40,246 | +€40,246 | |
| Financial debts | 170/4 | - | €40,246 | +€40,246 | |
| Amounts payable within one year | 42/48 | €94,489 | €135,785 | +€41,296 | +43.7% |
| Financial debts | 43 | - | €5,808 | +€5,808 | |
| Credit institutions | 430/8 | - | €5,808 | +€5,808 | |
| Trade debts | 44 | €13,920 | €47,673 | +€33,753 | +242% |
| Suppliers | 440/4 | €13,920 | €47,673 | +€33,753 | +242% |
| Taxes, remuneration and social security | 45 | €38,634 | €74,541 | +€35,907 | +92.9% |
| Taxes | 450/3 | €1,794 | €16,712 | +€14,918 | +832% |
| Remuneration and social security | 454/9 | €36,841 | €57,830 | +€20,989 | +57.0% |
| Other amounts payable | 47/48 | €41,935 | €7,763 | -€34,171 | -81.5% |
| Remuneration, social security and pensions | 62 | €159,429 | €169,194 | +€9,765 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,083 | €1,454 | -€20,630 | -93.4% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €157,582 | €176,614 | +€19,032 | +12.1% |
| Operating profit (loss) | 9901 | -€24,319 | €5,966 | +€30,285 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €290 | €1,369 | +€1,079 | +372% |
| Recurring financial charges | 65 | €290 | €1,369 | +€1,079 | +372% |
| Profit (loss) for the period before taxes | 9903 | -€24,608 | €4,597 | +€29,205 | |
| Profit (loss) for the period | 9904 | -€24,608 | €4,597 | +€29,205 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,608 | €4,597 | +€29,205 |
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 17 October 2026 via checked.be.