WEndows: 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.
WEndows
Largest movements
- Cash +€105,095
up €105,095 (+286%), from €36,715 to €141,811
mainly Accrued charges and deferred income (+€109,736) and Trade debts (+€78,207)
- Tangible fixed assets +€43,533
new in 2025: €43,533
- Receivables within one year +€35,531
up €35,531 (+55.3%), from €64,200 to €99,731
of which Other amounts receivable: +€20,143
- Deferred charges and accrued income +€8,922
new in 2025: €8,922
- Accrued charges and deferred income +€109,736
new in 2025: €109,736
- Trade debts +€78,207
up €78,207 (+93.0%), from €84,121 to €162,328
- Gross operating margin -€10,177
down €10,177 (-69.1%), from €14,731 to €4,553
- Taxes -€2,705
down €2,705 (-73.5%), from €3,682 to €977
- Depreciation +€956
new in 2025: €956
- Financial charges +€182
up €182 (+4,558%), from €4 to €186
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 | €109,921 | €302,070 | +€192,149 | +175% |
| Formation expenses | 20 | €932 | €0 | -€932 | -100% |
| Fixed assets | 21/28 | €8,074 | €51,607 | +€43,533 | +539% |
| Tangible fixed assets | 22/27 | - | €43,533 | +€43,533 | |
| Other tangible fixed assets | 26 | - | €43,533 | +€43,533 | |
| Financial fixed assets | 28 | €8,074 | €8,074 | = | 0.0% |
| Current assets | 29/58 | €100,915 | €250,463 | +€149,548 | +148% |
| Amounts receivable within one year | 40/41 | €64,200 | €99,731 | +€35,531 | +55.3% |
| Trade receivables | 40 | €64,200 | €79,588 | +€15,388 | +24.0% |
| Other amounts receivable | 41 | - | €20,143 | +€20,143 | |
| Cash at bank and in hand | 54/58 | €36,715 | €141,811 | +€105,095 | +286% |
| Deferred charges and accrued income | 490/1 | - | €8,922 | +€8,922 | |
| Total equity and liabilities | 10/49 | €109,921 | €302,070 | +€192,149 | +175% |
| Equity | 10/15 | €14,045 | €16,489 | +€2,444 | +17.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,045 | €13,489 | +€2,444 | +22.1% |
| Amounts payable | 17/49 | €95,877 | €285,581 | +€189,705 | +198% |
| Amounts payable within one year | 42/48 | €95,877 | €175,845 | +€79,969 | +83.4% |
| Trade debts | 44 | €84,121 | €162,328 | +€78,207 | +93.0% |
| Suppliers | 440/4 | €84,121 | €162,328 | +€78,207 | +93.0% |
| Taxes, remuneration and social security | 45 | €3,682 | €5,443 | +€1,761 | +47.8% |
| Taxes | 450/3 | €3,682 | €5,443 | +€1,761 | +47.8% |
| Other amounts payable | 47/48 | €8,074 | €8,074 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €109,736 | +€109,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €956 | +€956 | |
| Gross operating margin | 9900 | €14,731 | €4,553 | -€10,177 | -69.1% |
| Operating profit (loss) | 9901 | €14,731 | €3,597 | -€11,133 | -75.6% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €4 | €186 | +€182 | +4,558% |
| Recurring financial charges | 65 | €4 | €186 | +€182 | +4,558% |
| Profit (loss) for the period before taxes | 9903 | €14,727 | €3,421 | -€11,306 | -76.8% |
| Income taxes | 67/77 | €3,682 | €977 | -€2,705 | -73.5% |
| Profit (loss) for the period | 9904 | €11,045 | €2,444 | -€8,601 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,045 | €2,444 | -€8,601 | -77.9% |
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 20 October 2026 via checked.be.