Free Wind: 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.
Free Wind
Largest movements
- Tangible fixed assets -€19,395
down €19,395 (-90.4%), from €21,465 to €2,070
of which Furniture and vehicles: -€18,394
- Receivables within one year +€4,317
up €4,317 (+102%), from €4,241 to €8,557
of which Other amounts receivable: +€2,638
- Cash -€2,924
down €2,924 (-20.9%), from €13,999 to €11,075
mainly Contributions, distributions and other (-€13,753) and Debts after one year (-€10,786)
- Deferred charges and accrued income +€460
up €460 (+96.2%), from €479 to €939
- Other debts +€18,650
up €18,650 (+1,076%), from €1,734 to €20,384
- Reserves -€13,753
no longer reported in 2025 (was €13,753)
- Debts after one year -€10,786
no longer reported in 2025 (was €10,786)
- Current portion of long-term debt -€7,877
no longer reported in 2025 (was €7,877)
- Profit (loss) carried forward -€5,692
new in 2025: -€5,692
- Gross operating margin -€9,479
down €9,479 (-66.8%), from €14,191 to €4,712
- Depreciation -€7,777
down €7,777 (-88.6%), from €8,778 to €1,001
- Financial charges +€1,440
up €1,440 (+115%), from €1,248 to €2,687
- Taxes -€1,231
down €1,231 (-91.4%), from €1,347 to €116
- Financial income -€1,141
no longer reported in 2025 (was €1,141)
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 | €40,183 | €22,642 | -€17,542 | -43.7% |
| Fixed assets | 21/28 | €21,465 | €2,070 | -€19,395 | -90.4% |
| Tangible fixed assets | 22/27 | €21,465 | €2,070 | -€19,395 | -90.4% |
| Plant, machinery and equipment | 23 | €3,071 | €2,070 | -€1,001 | -32.6% |
| Furniture and vehicles | 24 | €18,394 | - | -€18,394 | |
| Current assets | 29/58 | €18,719 | €20,572 | +€1,853 | +9.9% |
| Amounts receivable within one year | 40/41 | €4,241 | €8,557 | +€4,317 | +102% |
| Trade receivables | 40 | €1,159 | €2,838 | +€1,679 | +145% |
| Other amounts receivable | 41 | €3,082 | €5,720 | +€2,638 | +85.6% |
| Cash at bank and in hand | 54/58 | €13,999 | €11,075 | -€2,924 | -20.9% |
| Deferred charges and accrued income | 490/1 | €479 | €939 | +€460 | +96.2% |
| Total equity and liabilities | 10/49 | €40,183 | €22,642 | -€17,542 | -43.7% |
| Equity | 10/15 | €17,753 | -€1,692 | -€19,445 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €13,753 | - | -€13,753 | |
| Distributable reserves | 133 | €13,753 | - | -€13,753 | |
| Profit (loss) carried forward | 14 | - | -€5,692 | -€5,692 | |
| Amounts payable | 17/49 | €22,430 | €24,333 | +€1,903 | +8.5% |
| Amounts payable after more than one year | 17 | €10,786 | - | -€10,786 | |
| Financial debts | 170/4 | €10,786 | - | -€10,786 | |
| Amounts payable within one year | 42/48 | €11,392 | €24,333 | +€12,941 | +114% |
| Current portion of amounts payable after more than one year | 42 | €7,877 | - | -€7,877 | |
| Trade debts | 44 | €1,504 | €1,467 | -€37 | -2.4% |
| Suppliers | 440/4 | €1,504 | €1,467 | -€37 | -2.4% |
| Taxes, remuneration and social security | 45 | €278 | €2,483 | +€2,205 | +794% |
| Taxes | 450/3 | €278 | €2,483 | +€2,205 | +794% |
| Other amounts payable | 47/48 | €1,734 | €20,384 | +€18,650 | +1,076% |
| Accrued charges and deferred income | 492/3 | €252 | - | -€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,778 | €1,001 | -€7,777 | -88.6% |
| Other operating charges | 640/8 | €635 | €777 | +€142 | +22.4% |
| Non-recurring operating charges | 66A | - | €5,822 | +€5,822 | |
| Gross operating margin | 9900 | €14,191 | €4,712 | -€9,479 | -66.8% |
| Operating profit (loss) | 9901 | €4,777 | -€2,889 | -€7,666 | |
| Financial income | 75/76B | €1,141 | - | -€1,141 | |
| Recurring financial income | 75 | €1,141 | - | -€1,141 | |
| Financial charges | 65/66B | €1,248 | €2,687 | +€1,440 | +115% |
| Recurring financial charges | 65 | €1,248 | €2,687 | +€1,440 | +115% |
| Profit (loss) for the period before taxes | 9903 | €4,670 | -€5,576 | -€10,246 | |
| Income taxes | 67/77 | €1,347 | €116 | -€1,231 | -91.4% |
| Profit (loss) for the period | 9904 | €3,323 | -€5,692 | -€9,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,323 | -€5,692 | -€9,015 |
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 16 October 2026 via checked.be.