HUIS WINDELS: 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.
HUIS WINDELS
Largest movements
- Stocks and contracts +€43,758
up €43,758 (+29.1%), from €150,502 to €194,261
- Receivables within one year -€25,577
down €25,577 (-90.9%), from €28,132 to €2,555
of which Trade receivables: -€13,270
- Tangible fixed assets +€6,095
up €6,095 (+39.1%), from €15,598 to €21,693
of which Other tangible fixed assets: +€6,256
- Reserves +€53,345
up €53,345 (+30.3%), from €175,812 to €229,157
- Tax, wage and social debts +€29,258
up €29,258 (+115%), from €25,368 to €54,626
of which Taxes: +€16,599
- Current portion of long-term debt -€20,913
down €20,913 (-47.2%), from €44,334 to €23,421
- Trade debts -€15,125
down €15,125 (-19.9%), from €76,048 to €60,923
- Other debts -€14,162
down €14,162 (-16.1%), from €88,203 to €74,041
- Gross operating margin +€38,299
up €38,299 (+21.4%), from €178,791 to €217,091
- Depreciation -€18,158
down €18,158 (-72.9%), from €24,905 to €6,747
- Taxes +€16,535
up €16,535 (+165%), from €9,992 to €26,527
- Write-downs +€3,610
up €3,610, from €0 to €3,610
- Financial charges +€2,873
up €2,873 (+58.6%), from €4,902 to €7,774
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 | €454,594 | €479,094 | +€24,500 | +5.4% |
| Fixed assets | 21/28 | €17,442 | €22,392 | +€4,950 | +28.4% |
| Intangible fixed assets | 21 | €1,844 | €699 | -€1,145 | -62.1% |
| Tangible fixed assets | 22/27 | €15,598 | €21,693 | +€6,095 | +39.1% |
| Plant, machinery and equipment | 23 | €2,100 | €3,863 | +€1,763 | +84.0% |
| Furniture and vehicles | 24 | €4,456 | €5,398 | +€942 | +21.1% |
| Leasing and similar rights | 25 | €2,867 | €0 | -€2,867 | -100% |
| Other tangible fixed assets | 26 | €6,176 | €12,432 | +€6,256 | +101% |
| Current assets | 29/58 | €437,152 | €456,703 | +€19,551 | +4.5% |
| Stocks and contracts in progress | 3 | €150,502 | €194,261 | +€43,758 | +29.1% |
| Stocks | 30/36 | €150,502 | €194,261 | +€43,758 | +29.1% |
| Amounts receivable within one year | 40/41 | €28,132 | €2,555 | -€25,577 | -90.9% |
| Trade receivables | 40 | €15,807 | €2,537 | -€13,270 | -84.0% |
| Other amounts receivable | 41 | €12,325 | €18 | -€12,307 | -99.9% |
| Cash at bank and in hand | 54/58 | €255,870 | €256,972 | +€1,102 | +0.4% |
| Deferred charges and accrued income | 490/1 | €2,648 | €2,915 | +€267 | +10.1% |
| Total equity and liabilities | 10/49 | €454,594 | €479,094 | +€24,500 | +5.4% |
| Equity | 10/15 | €195,446 | €248,791 | +€53,345 | +27.3% |
| Contributions | 10/11 | €15,806 | €15,806 | = | 0.0% |
| Reserves | 13 | €175,812 | €229,157 | +€53,345 | +30.3% |
| Distributable reserves | 133 | €175,812 | €229,157 | +€53,345 | +30.3% |
| Profit (loss) carried forward | 14 | €3,828 | €3,828 | = | 0.0% |
| Amounts payable | 17/49 | €259,148 | €230,303 | -€28,845 | -11.1% |
| Amounts payable after more than one year | 17 | €18,834 | €7,191 | -€11,644 | -61.8% |
| Financial debts | 170/4 | €18,834 | €7,191 | -€11,644 | -61.8% |
| Amounts payable within one year | 42/48 | €237,344 | €213,012 | -€24,332 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €44,334 | €23,421 | -€20,913 | -47.2% |
| Financial debts | 43 | €3,391 | €0 | -€3,391 | -100% |
| Credit institutions | 430/8 | €3,391 | €0 | -€3,391 | -100% |
| Trade debts | 44 | €76,048 | €60,923 | -€15,125 | -19.9% |
| Suppliers | 440/4 | €76,048 | €60,923 | -€15,125 | -19.9% |
| Taxes, remuneration and social security | 45 | €25,368 | €54,626 | +€29,258 | +115% |
| Taxes | 450/3 | €15,281 | €31,879 | +€16,599 | +109% |
| Remuneration and social security | 454/9 | €10,088 | €22,747 | +€12,659 | +125% |
| Other amounts payable | 47/48 | €88,203 | €74,041 | -€14,162 | -16.1% |
| Accrued charges and deferred income | 492/3 | €2,969 | €10,101 | +€7,131 | +240% |
| Remuneration, social security and pensions | 62 | €111,116 | €112,752 | +€1,636 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,905 | €6,747 | -€18,158 | -72.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €3,610 | +€3,610 | |
| Other operating charges | 640/8 | €987 | €2,314 | +€1,328 | +135% |
| Gross operating margin | 9900 | €178,791 | €217,091 | +€38,299 | +21.4% |
| Operating profit (loss) | 9901 | €41,783 | €91,667 | +€49,884 | +119% |
| Financial income | 75/76B | €1,196 | €479 | -€717 | -60.0% |
| Recurring financial income | 75 | €1,196 | €479 | -€717 | -60.0% |
| Financial charges | 65/66B | €4,902 | €7,774 | +€2,873 | +58.6% |
| Recurring financial charges | 65 | €4,902 | €7,774 | +€2,873 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €38,077 | €84,372 | +€46,294 | +122% |
| Income taxes | 67/77 | €9,992 | €26,527 | +€16,535 | +165% |
| Profit (loss) for the period | 9904 | €28,085 | €57,845 | +€29,760 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €28,085 | €57,845 | +€29,760 | +106% |
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 28 October 2026 via checked.be.