JAN WINDEY: 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.
JAN WINDEY
Largest movements
- Receivables within one year +€137,844
up €137,844 (+84.9%), from €162,343 to €300,187
of which Other amounts receivable: +€222,993
- Cash +€38,950
up €38,950 (+57.9%), from €67,237 to €106,187
mainly Net result for the year (+€137,060) and Trade debts (+€41,101)
- Profit (loss) carried forward +€137,060
up €137,060 (+76.0%), from €180,337 to €317,397
- Trade debts +€41,101
new in 2025: €41,101
- Financial income +€4,850
up €4,850 (+437%), from €1,110 to €5,960
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 | €229,621 | €406,525 | +€176,904 | +77.0% |
| Current assets | 29/58 | €229,621 | €406,525 | +€176,904 | +77.0% |
| Amounts receivable within one year | 40/41 | €162,343 | €300,187 | +€137,844 | +84.9% |
| Trade receivables | 40 | €121,449 | €36,300 | -€85,149 | -70.1% |
| Other amounts receivable | 41 | €40,894 | €263,887 | +€222,993 | +545% |
| Cash at bank and in hand | 54/58 | €67,237 | €106,187 | +€38,950 | +57.9% |
| Deferred charges and accrued income | 490/1 | €41 | €152 | +€110 | +267% |
| Total equity and liabilities | 10/49 | €229,621 | €406,525 | +€176,904 | +77.0% |
| Equity | 10/15 | €183,337 | €320,397 | +€137,060 | +74.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,337 | €317,397 | +€137,060 | +76.0% |
| Amounts payable | 17/49 | €46,284 | €86,128 | +€39,844 | +86.1% |
| Amounts payable within one year | 42/48 | €46,284 | €86,128 | +€39,844 | +86.1% |
| Trade debts | 44 | - | €41,101 | +€41,101 | |
| Suppliers | 440/4 | - | €41,101 | +€41,101 | |
| Taxes, remuneration and social security | 45 | €46,284 | €45,027 | -€1,257 | -2.7% |
| Taxes | 450/3 | €46,284 | €45,027 | -€1,257 | -2.7% |
| Other operating charges | 640/8 | €513 | €671 | +€158 | +30.9% |
| Gross operating margin | 9900 | €170,454 | €170,940 | +€486 | +0.3% |
| Operating profit (loss) | 9901 | €169,941 | €170,269 | +€328 | +0.2% |
| Financial income | 75/76B | €1,110 | €5,960 | +€4,850 | +437% |
| Recurring financial income | 75 | €1,110 | €5,960 | +€4,850 | +437% |
| Financial charges | 65/66B | €26 | €50 | +€24 | +95.8% |
| Recurring financial charges | 65 | €26 | €50 | +€24 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | €171,026 | €176,179 | +€5,153 | +3.0% |
| Income taxes | 67/77 | €37,868 | €39,119 | +€1,252 | +3.3% |
| Profit (loss) for the period | 9904 | €133,158 | €137,060 | +€3,901 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €133,158 | €137,060 | +€3,901 | +2.9% |
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 13 October 2026 via checked.be.