WALL & WINDOW: 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.
WALL & WINDOW
Largest movements
- Tangible fixed assets +€86,844
up €86,844 (+266.0%), from €32,643 to €119,487
of which Plant, machinery and equipment: +€64,273
- Receivables within one year +€10,137
up €10,137 (+13.0%), from €78,235 to €88,371
of which Other amounts receivable: +€10,544
- Cash +€9,153
up €9,153 (+5.5%), from €167,208 to €176,362
mainly Debts after one year (+€75,323) and Trade debts (+€40,828)
- Stocks and contracts +€7,385
up €7,385 (+28.2%), from €26,227 to €33,613
- Debts after one year +€75,323
new in 2025: €75,323
- Profit (loss) carried forward -€43,140
down €43,140 (-27.4%), from €157,685 to €114,545
- Trade debts +€40,828
up €40,828 (+80.9%), from €50,455 to €91,283
- Advances received +€28,046
up €28,046 (+56.6%), from €49,562 to €77,608
- Tax, wage and social debts -€21,514
down €21,514 (-37.5%), from €57,350 to €35,836
of which Taxes: -€16,536
- Gross operating margin -€132,980
down €132,980 (-50.2%), from €264,973 to €131,993
- Taxes -€24,915
down €24,915 (-99.5%), from €25,047 to €132
- Staff costs -€15,556
down €15,556 (-13.3%), from €116,562 to €101,007
- Financial charges +€3,364
up €3,364 (+111.8%), from €3,008 to €6,372
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,252 | €442,196 | +€111,944 | +33.9% |
| Fixed assets | 21/28 | €41,903 | €128,751 | +€86,848 | +207.3% |
| Tangible fixed assets | 22/27 | €32,643 | €119,487 | +€86,844 | +266.0% |
| Plant, machinery and equipment | 23 | €29,348 | €93,620 | +€64,273 | +219.0% |
| Furniture and vehicles | 24 | €3,295 | €25,867 | +€22,571 | +684.9% |
| Financial fixed assets | 28 | €9,260 | €9,265 | +€5 | +0.1% |
| Current assets | 29/58 | €288,349 | €313,445 | +€25,096 | +8.7% |
| Stocks and contracts in progress | 3 | €26,227 | €33,613 | +€7,385 | +28.2% |
| Stocks | 30/36 | €26,227 | €33,613 | +€7,385 | +28.2% |
| Amounts receivable within one year | 40/41 | €78,235 | €88,371 | +€10,137 | +13.0% |
| Trade receivables | 40 | €944 | €537 | -€407 | -43.1% |
| Other amounts receivable | 41 | €77,291 | €87,835 | +€10,544 | +13.6% |
| Cash at bank and in hand | 54/58 | €167,208 | €176,362 | +€9,153 | +5.5% |
| Deferred charges and accrued income | 490/1 | €16,679 | €15,099 | -€1,580 | -9.5% |
| Total equity and liabilities | 10/49 | €330,252 | €442,196 | +€111,944 | +33.9% |
| Equity | 10/15 | €158,685 | €115,545 | -€43,140 | -27.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,685 | €114,545 | -€43,140 | -27.4% |
| Amounts payable | 17/49 | €171,567 | €326,651 | +€155,084 | +90.4% |
| Amounts payable after more than one year | 17 | - | €75,323 | +€75,323 | |
| Financial debts | 170/4 | - | €75,323 | +€75,323 | |
| Amounts payable within one year | 42/48 | €170,097 | €251,107 | +€81,010 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €21,224 | +€21,224 | |
| Trade debts | 44 | €50,455 | €91,283 | +€40,828 | +80.9% |
| Suppliers | 440/4 | €50,455 | €91,283 | +€40,828 | +80.9% |
| Advances received on contracts in progress | 46 | €49,562 | €77,608 | +€28,046 | +56.6% |
| Taxes, remuneration and social security | 45 | €57,350 | €35,836 | -€21,514 | -37.5% |
| Taxes | 450/3 | €42,133 | €25,597 | -€16,536 | -39.2% |
| Remuneration and social security | 454/9 | €15,217 | €10,239 | -€4,978 | -32.7% |
| Other amounts payable | 47/48 | €12,730 | €25,156 | +€12,425 | +97.6% |
| Accrued charges and deferred income | 492/3 | €1,469 | €221 | -€1,248 | -85.0% |
| Remuneration, social security and pensions | 62 | €116,562 | €101,007 | -€15,556 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,073 | €37,088 | +€2,014 | +5.7% |
| Other operating charges | 640/8 | €4,796 | €6,604 | +€1,808 | +37.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €264,973 | €131,993 | -€132,980 | -50.2% |
| Operating profit (loss) | 9901 | €108,541 | -€12,705 | -€121,247 | |
| Financial income | 75/76B | €496 | €1,070 | +€574 | +115.7% |
| Recurring financial income | 75 | €496 | €1,070 | +€574 | +115.7% |
| Financial charges | 65/66B | €3,008 | €6,372 | +€3,364 | +111.8% |
| Recurring financial charges | 65 | €3,008 | €6,372 | +€3,364 | +111.8% |
| Profit (loss) for the period before taxes | 9903 | €106,029 | -€18,008 | -€124,037 | |
| Income taxes | 67/77 | €25,047 | €132 | -€24,915 | -99.5% |
| Profit (loss) for the period | 9904 | €80,982 | -€18,140 | -€99,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,982 | -€18,140 | -€99,122 |
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 3 October 2026 via checked.be.