Offshore Wind International: 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.
Offshore Wind International
Largest movements
- Receivables within one year +€49,086
up €49,086 (+6.7%), from €728,562 to €777,648
- Cash +€18,352
up €18,352 (+13.5%), from €135,964 to €154,315
mainly Net result for the year (+€75,742) and Other debts (+€75,000)
- Other debts +€75,000
new in 2025: €75,000
- Trade debts -€27,442
down €27,442 (-4.1%), from €677,314 to €649,872
- Tax, wage and social debts +€19,138
up €19,138 (+231%), from €8,285 to €27,424
- Gross operating margin +€61,076
up €61,076 (+149%), from €40,854 to €101,930
- Taxes +€15,000
up €15,000 (+136%), from €11,000 to €26,000
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 | €864,526 | €931,963 | +€67,437 | +7.8% |
| Current assets | 29/58 | €864,526 | €931,963 | +€67,437 | +7.8% |
| Amounts receivable within one year | 40/41 | €728,562 | €777,648 | +€49,086 | +6.7% |
| Trade receivables | 40 | €728,562 | €777,648 | +€49,086 | +6.7% |
| Cash at bank and in hand | 54/58 | €135,964 | €154,315 | +€18,352 | +13.5% |
| Total equity and liabilities | 10/49 | €864,526 | €931,963 | +€67,437 | +7.8% |
| Equity | 10/15 | €178,926 | €179,668 | +€742 | +0.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,926 | €29,668 | +€742 | +2.6% |
| Amounts payable | 17/49 | €685,599 | €752,295 | +€66,696 | +9.7% |
| Amounts payable within one year | 42/48 | €685,599 | €752,295 | +€66,696 | +9.7% |
| Trade debts | 44 | €677,314 | €649,872 | -€27,442 | -4.1% |
| Suppliers | 440/4 | €677,314 | €649,872 | -€27,442 | -4.1% |
| Taxes, remuneration and social security | 45 | €8,285 | €27,424 | +€19,138 | +231% |
| Taxes | 450/3 | €8,285 | €27,424 | +€19,138 | +231% |
| Other amounts payable | 47/48 | - | €75,000 | +€75,000 | |
| Other operating charges | 640/8 | €898 | €143 | -€754 | -84.0% |
| Gross operating margin | 9900 | €40,854 | €101,930 | +€61,076 | +149% |
| Operating profit (loss) | 9901 | €39,956 | €101,787 | +€61,830 | +155% |
| Financial charges | 65/66B | €30 | €45 | +€15 | +50.0% |
| Recurring financial charges | 65 | €30 | €45 | +€15 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €39,926 | €101,742 | +€61,815 | +155% |
| Income taxes | 67/77 | €11,000 | €26,000 | +€15,000 | +136% |
| Profit (loss) for the period | 9904 | €28,926 | €75,742 | +€46,815 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €28,926 | €75,742 | +€46,815 | +162% |
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.