OffshoreWind.io: 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.
OffshoreWind.io
Largest movements
- Tangible fixed assets -€7,877
down €7,877 (-3.4%), from €231,049 to €223,172
- Cash -€5,024
down €5,024 (-26.8%), from €18,722 to €13,698
mainly Debts after one year (-€19,934) and Current portion of long-term debt (-€1,006)
- Receivables within one year -€2,544
down €2,544 (-75.0%), from €3,391 to €847
of which Trade receivables: -€1,977
- Debts after one year -€19,934
down €19,934 (-14.6%), from €136,640 to €116,706
- Profit (loss) carried forward +€3,744
up €3,744 (+9.7%), from €38,779 to €42,524
- Gross operating margin -€42,622
down €42,622 (-69.9%), from €60,970 to €18,348
- Taxes -€14,920
down €14,920 (-94.0%), from €15,868 to €949
- Depreciation +€2,626
up €2,626 (+50.0%), from €5,251 to €7,877
- Financial charges +€1,488
up €1,488 (+34.7%), from €4,292 to €5,780
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 | €253,163 | €237,718 | -€15,445 | -6.1% |
| Fixed assets | 21/28 | €231,049 | €223,172 | -€7,877 | -3.4% |
| Tangible fixed assets | 22/27 | €231,049 | €223,172 | -€7,877 | -3.4% |
| Land and buildings | 22 | €231,049 | €223,172 | -€7,877 | -3.4% |
| Current assets | 29/58 | €22,114 | €14,546 | -€7,568 | -34.2% |
| Amounts receivable within one year | 40/41 | €3,391 | €847 | -€2,544 | -75.0% |
| Trade receivables | 40 | €2,825 | €847 | -€1,977 | -70.0% |
| Other amounts receivable | 41 | €567 | - | -€567 | |
| Cash at bank and in hand | 54/58 | €18,722 | €13,698 | -€5,024 | -26.8% |
| Total equity and liabilities | 10/49 | €253,163 | €237,718 | -€15,445 | -6.1% |
| Equity | 10/15 | €78,779 | €82,524 | +€3,744 | +4.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,779 | €42,524 | +€3,744 | +9.7% |
| Amounts payable | 17/49 | €174,383 | €155,194 | -€19,189 | -11.0% |
| Amounts payable after more than one year | 17 | €136,640 | €116,706 | -€19,934 | -14.6% |
| Financial debts | 170/4 | €136,640 | €116,706 | -€19,934 | -14.6% |
| Amounts payable within one year | 42/48 | €37,743 | €38,488 | +€745 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €15,784 | €14,779 | -€1,006 | -6.4% |
| Trade debts | 44 | €558 | €1,209 | +€651 | +117% |
| Suppliers | 440/4 | €558 | €1,209 | +€651 | +117% |
| Taxes, remuneration and social security | 45 | €21,401 | €22,128 | +€727 | +3.4% |
| Taxes | 450/3 | €21,401 | €22,128 | +€727 | +3.4% |
| Other amounts payable | 47/48 | - | €373 | +€373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €7,877 | +€2,626 | +50.0% |
| Gross operating margin | 9900 | €60,970 | €18,348 | -€42,622 | -69.9% |
| Operating profit (loss) | 9901 | €55,719 | €10,471 | -€45,248 | -81.2% |
| Financial income | 75/76B | €46 | €2 | -€44 | -96.7% |
| Recurring financial income | 75 | €46 | €2 | -€44 | -96.7% |
| Financial charges | 65/66B | €4,292 | €5,780 | +€1,488 | +34.7% |
| Recurring financial charges | 65 | €4,292 | €5,780 | +€1,488 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €51,473 | €4,693 | -€46,780 | -90.9% |
| Income taxes | 67/77 | €15,868 | €949 | -€14,920 | -94.0% |
| Profit (loss) for the period | 9904 | €35,604 | €3,744 | -€31,860 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,604 | €3,744 | -€31,860 | -89.5% |
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 17 October 2026 via checked.be.