LEEWARD en WINDWARD: what changed
What changed
LEEWARD en WINDWARD
NACE 73.110, Advertising agencies
filed annual accounts (NBB)
Net result for the year
€2,297
2024 · €7,756-€5,459
Equity
€69,162
2024 · €66,865+€2,297
Cash
€1,524
2024 · €2,977-€1,452
Balance sheet total
€1.2m
2024 · €233,552+€953,386
Largest movements
Assets
- Receivables within one year +€954,968
up €954,968 (+415%), from €230,098 to €1.2m
Equity and liabilities
- Trade debts +€966,665
up €966,665 (+14,075%), from €6,868 to €973,533
- Other debts -€31,464
down €31,464 (-23.1%), from €135,924 to €104,461
- Tax, wage and social debts +€14,990
up €14,990 (+62.7%), from €23,895 to €38,885
of which Taxes: +€17,142
Income statement
- Taxes +€3,047
up €3,047 (+341%), from €893 to €3,939
- Staff costs +€1,887
up €1,887 (+3.3%), from €56,827 to €58,714
- Other operating charges +€971
up €971 (+32.5%), from €2,988 to €3,959
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,756
Gross operating margin
+€476
Staff costs
-€1,887
Other operating charges
-€971
Financial charges
-€31
Taxes
-€3,047
Result 2025
€2,297
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1,452
Investment
€0
Financing
€0
Cash 2024
€2,977
From operations (derived)
-€1,452
Net result for the year
+€2,297
Receivables within one year
-€954,968
Smaller working-capital items
+€1,027
Trade debts
+€966,665
Tax, wage and social debts
+€14,990
Other debts
-€31,464
Cash 2025
€1,524
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,552 | €1,186,938 | +€953,386 | +408% |
| Current assets | 29/58 | €233,552 | €1,186,938 | +€953,386 | +408% |
| Amounts receivable within one year | 40/41 | €230,098 | €1,185,066 | +€954,968 | +415% |
| Trade receivables | 40 | €230,098 | €1,185,066 | +€954,968 | +415% |
| Cash at bank and in hand | 54/58 | €2,977 | €1,524 | -€1,452 | -48.8% |
| Deferred charges and accrued income | 490/1 | €477 | €348 | -€129 | -27.1% |
| Total equity and liabilities | 10/49 | €233,552 | €1,186,938 | +€953,386 | +408% |
| Equity | 10/15 | €66,865 | €69,162 | +€2,297 | +3.4% |
| Contributions | 10/11 | €103,496 | €103,496 | = | 0.0% |
| Capital | 10 | €103,496 | €103,496 | = | 0.0% |
| Issued capital | 100 | €103,496 | €103,496 | = | 0.0% |
| Reserves | 13 | €3,534 | €3,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,534 | €3,534 | = | 0.0% |
| Legal reserve | 130 | €3,534 | €3,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,165 | -€37,868 | +€2,297 | +5.7% |
| Amounts payable | 17/49 | €166,687 | €1,117,776 | +€951,089 | +571% |
| Amounts payable within one year | 42/48 | €166,687 | €1,116,879 | +€950,191 | +570% |
| Trade debts | 44 | €6,868 | €973,533 | +€966,665 | +14,075% |
| Suppliers | 440/4 | €6,868 | €973,533 | +€966,665 | +14,075% |
| Taxes, remuneration and social security | 45 | €23,895 | €38,885 | +€14,990 | +62.7% |
| Taxes | 450/3 | €10,770 | €27,912 | +€17,142 | +159% |
| Remuneration and social security | 454/9 | €13,125 | €10,973 | -€2,152 | -16.4% |
| Other amounts payable | 47/48 | €135,924 | €104,461 | -€31,464 | -23.1% |
| Accrued charges and deferred income | 492/3 | - | €898 | +€898 | |
| Remuneration, social security and pensions | 62 | €56,827 | €58,714 | +€1,887 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,988 | €3,959 | +€971 | +32.5% |
| Gross operating margin | 9900 | €70,550 | €71,027 | +€476 | +0.7% |
| Operating profit (loss) | 9901 | €10,736 | €8,354 | -€2,381 | -22.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,087 | €2,118 | +€31 | +1.5% |
| Recurring financial charges | 65 | €2,087 | €2,118 | +€31 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €8,649 | €6,236 | -€2,413 | -27.9% |
| Income taxes | 67/77 | €893 | €3,939 | +€3,047 | +341% |
| Profit (loss) for the period | 9904 | €7,756 | €2,297 | -€5,459 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,756 | €2,297 | -€5,459 | -70.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.