LOMMEL WIN(D)T: what changed
Two fiscal 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.
What changed
LOMMEL WIN(D)T
NACE 35.110, Production of electricity from non-renewable sources
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€293,233
2024 · €1.1m-€768,544
Equity
€5.0m
2024 · €5.1m-€9,167
Cash
€211,851
2024 · €1.7m-€1.5m
Balance sheet total
€20.2m
2024 · €23.1m-€2.9m
Largest movements
Assets
- Cash -€1.5m
down €1.5m (-87.6%), from €1.7m to €211,851
mainly Debts after one year (-€1.1m) and Tax, wage and social debts (-€944,565)
- Tangible fixed assets -€1.4m
down €1.4m (-7.7%), from €18.8m to €17.3m
of which Plant, machinery and equipment: -€1.4m
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-7.6%), from €14.0m to €12.9m
- Tax, wage and social debts -€944,565
down €944,565 (-90.8%), from €1.0m to €95,533
- Other debts -€759,024
down €759,024 (-71.5%), from €1.1m to €302,400
Income statement
- Turnover -€1.8m
down €1.8m (-32.5%), from €5.7m to €3.8m
- Taxes -€284,323
down €284,323 (-74.4%), from €382,288 to €97,964
- Depreciation -€248,352
down €248,352 (-14.7%), from €1.7m to €1.4m
- Financial charges -€137,605
down €137,605 (-20.9%), from €658,349 to €520,744
- Financial income -€106,600
down €106,600 (-93.7%), from €113,818 to €7,218
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.
Result 2024
€1.1m
Turnover
-€1.8m
Other operating income
-€18,523
Goods and materials
-€3,254
Services and other goods
-€33,893
Depreciation
+€248,352
Provisions
+€2,083
Other operating charges
+€24
Other operating items
+€563,670
Financial income
-€106,600
Financial charges
+€137,605
Taxes
+€284,323
Result 2025
€293,233
Cash bridge derived
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.
From operations
+€30,027
Investment
-€154,378
Financing
-€1.4m
Cash 2024
€1.7m
From operations (derived)
+€30,027
Net result for the year
+€293,233
Depreciation
+€1.4m
Stocks and contracts
+€73,620
Receivables within one year
-€53,775
Deferred charges and accrued income
+€66,056
Provisions
+€20,000
Trade debts
-€112,990
Tax, wage and social debts
-€944,565
Other debts
-€759,024
Accrued charges and deferred income
+€3,443
Investment (derived)
-€154,378
Current investments
-€154,378
Financing
-€1.4m
Debts after one year
-€1.1m
Contributions, distributions and other
-€302,400
Cash 2025
€211,851
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,057,166 | €20,190,963 | -€2.9m | -12.4% |
| Fixed assets | 21/28 | €18,751,220 | €17,307,191 | -€1.4m | -7.7% |
| Tangible fixed assets | 22/27 | €18,751,220 | €17,307,191 | -€1.4m | -7.7% |
| Plant, machinery and equipment | 23 | €18,714,514 | €17,270,485 | -€1.4m | -7.7% |
| Assets under construction and advance payments | 27 | €36,706 | €36,706 | = | 0.0% |
| Current assets | 29/58 | €4,305,946 | €2,883,773 | -€1.4m | -33.0% |
| Stocks and contracts in progress | 3 | €73,620 | - | -€73,620 | |
| Stocks | 30/36 | €73,620 | - | -€73,620 | |
| Finished goods | 33 | €73,620 | - | -€73,620 | |
| Amounts receivable within one year | 40/41 | €1,427,073 | €1,480,849 | +€53,775 | +3.8% |
| Trade receivables | 40 | €1,253,737 | €1,307,513 | +€53,775 | +4.3% |
| Other amounts receivable | 41 | €173,336 | €173,336 | = | 0.0% |
| Current investments | 50/53 | €922,138 | €1,076,516 | +€154,378 | +16.7% |
| Other investments | 51/53 | €922,138 | €1,076,516 | +€154,378 | +16.7% |
| Cash at bank and in hand | 54/58 | €1,702,502 | €211,851 | -€1.5m | -87.6% |
| Deferred charges and accrued income | 490/1 | €180,612 | €114,557 | -€66,056 | -36.6% |
| Total equity and liabilities | 10/49 | €23,057,166 | €20,190,963 | -€2.9m | -12.4% |
| Equity | 10/15 | €5,052,512 | €5,043,345 | -€9,167 | -0.2% |
| Contributions | 10/11 | €2,453,895 | €2,453,895 | = | 0.0% |
| Capital | 10 | €2,453,895 | €2,453,895 | = | 0.0% |
| Issued capital | 100 | €2,453,895 | €2,453,895 | = | 0.0% |
| Reserves | 13 | €245,389 | €245,389 | = | 0.0% |
| Non-distributable reserves | 130/1 | €245,389 | €245,389 | = | 0.0% |
| Legal reserve | 130 | €245,389 | €245,389 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,353,228 | €2,344,061 | -€9,167 | -0.4% |
| Provisions and deferred taxes | 16 | €291,667 | €311,667 | +€20,000 | +6.9% |
| Provisions for liabilities and charges | 160/5 | €291,667 | €311,667 | +€20,000 | +6.9% |
| Environmental obligations | 163 | €291,667 | €311,667 | +€20,000 | +6.9% |
| Amounts payable | 17/49 | €17,712,987 | €14,835,951 | -€2.9m | -16.2% |
| Amounts payable after more than one year | 17 | €13,951,800 | €12,887,900 | -€1.1m | -7.6% |
| Financial debts | 170/4 | €13,951,800 | €12,887,900 | -€1.1m | -7.6% |
| Subordinated loans | 170 | €1,185,000 | €1,185,000 | = | 0.0% |
| Credit institutions | 173 | €12,766,800 | €11,702,900 | -€1.1m | -8.3% |
| Amounts payable within one year | 42/48 | €3,495,242 | €1,678,664 | -€1.8m | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €1,063,900 | €1,063,900 | = | 0.0% |
| Trade debts | 44 | €329,821 | €216,831 | -€112,990 | -34.3% |
| Suppliers | 440/4 | €329,821 | €216,831 | -€112,990 | -34.3% |
| Taxes, remuneration and social security | 45 | €1,040,097 | €95,533 | -€944,565 | -90.8% |
| Taxes | 450/3 | €1,040,097 | €95,533 | -€944,565 | -90.8% |
| Other amounts payable | 47/48 | €1,061,424 | €302,400 | -€759,024 | -71.5% |
| Accrued charges and deferred income | 492/3 | €265,944 | €269,388 | +€3,443 | +1.3% |
| Operating income | 70/76A | €5,043,040 | €3,745,855 | -€1.3m | -25.7% |
| Turnover | 70 | €5,661,807 | €3,819,475 | -€1.8m | -32.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€637,290 | -€73,620 | +€563,670 | +88.4% |
| Other operating income | 74 | €18,523 | - | -€18,523 | |
| Operating charges | 60/66A | €3,054,444 | €2,841,132 | -€213,312 | -7.0% |
| Goods for resale, raw materials and consumables | 60 | €5,545 | €8,799 | +€3,254 | +58.7% |
| Purchases | 600/8 | €5,545 | €8,799 | +€3,254 | +58.7% |
| Services and other goods | 61 | €1,333,052 | €1,366,945 | +€33,893 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,692,381 | €1,444,029 | -€248,352 | -14.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,083 | €20,000 | -€2,083 | -9.4% |
| Other operating charges | 640/8 | €1,383 | €1,359 | -€24 | -1.7% |
| Operating profit (loss) | 9901 | €1,988,596 | €904,723 | -€1.1m | -54.5% |
| Financial income | 75/76B | €113,818 | €7,218 | -€106,600 | -93.7% |
| Recurring financial income | 75 | €113,818 | €7,218 | -€106,600 | -93.7% |
| Income from current assets | 751 | €113,818 | €7,218 | -€106,600 | -93.7% |
| Financial charges | 65/66B | €658,349 | €520,744 | -€137,605 | -20.9% |
| Recurring financial charges | 65 | €658,349 | €520,744 | -€137,605 | -20.9% |
| Debt charges | 650 | €655,795 | €520,170 | -€135,625 | -20.7% |
| Other financial charges | 652/9 | €2,554 | €574 | -€1,981 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €1,444,064 | €391,197 | -€1.1m | -72.9% |
| Income taxes | 67/77 | €382,288 | €97,964 | -€284,323 | -74.4% |
| Taxes | 670/3 | €382,288 | €97,964 | -€284,323 | -74.4% |
| Profit (loss) for the period | 9904 | €1,061,777 | €293,233 | -€768,544 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,061,777 | €293,233 | -€768,544 | -72.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.