WESTWIND EXPLOITATION: 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.
WESTWIND EXPLOITATION
Largest movements
- Receivables within one year +€1,425
up €1,425 (+9.8%), from €14,592 to €16,017
of which Trade receivables: +€2,664
- Cash -€1,063
no longer reported in 2022 (was €1,063)
mainly Net result for the year (-€84,455) and Accrued charges and deferred income (-€67,188)
- Other debts +€164,247
up €164,247 (+72.3%), from €227,106 to €391,353
- Profit (loss) carried forward -€84,455
down €84,455 (-24.8%), from -€340,593 to -€425,048
- Accrued charges and deferred income -€67,188
no longer reported in 2022 (was €67,188)
- Trade debts -€12,384
down €12,384 (-45.7%), from €27,124 to €14,740
- Short-term financial debts +€478
new in 2022: €478
- Gross operating margin -€48,957
down €48,957 (-187%), from -€26,131 to -€75,088
- Depreciation +€2,055
up €2,055 (+30.2%), from €6,804 to €8,859
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,030 | €41,729 | +€699 | +1.7% |
| Fixed assets | 21/28 | €25,345 | €25,385 | +€41 | +0.2% |
| Tangible fixed assets | 22/27 | €25,310 | €25,351 | +€41 | +0.2% |
| Land and buildings | 22 | €8,695 | €12,519 | +€3,824 | +44.0% |
| Plant, machinery and equipment | 23 | €16,615 | €12,831 | -€3,784 | -22.8% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €15,685 | €16,344 | +€658 | +4.2% |
| Amounts receivable within one year | 40/41 | €14,592 | €16,017 | +€1,425 | +9.8% |
| Trade receivables | 40 | €11,774 | €14,438 | +€2,664 | +22.6% |
| Other amounts receivable | 41 | €2,818 | €1,579 | -€1,239 | -44.0% |
| Cash at bank and in hand | 54/58 | €1,063 | - | -€1,063 | |
| Deferred charges and accrued income | 490/1 | €30 | €326 | +€296 | +977% |
| Total equity and liabilities | 10/49 | €41,030 | €41,729 | +€699 | +1.7% |
| Equity | 10/15 | -€333,157 | -€417,611 | -€84,455 | -25.3% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€340,593 | -€425,048 | -€84,455 | -24.8% |
| Amounts payable | 17/49 | €374,187 | €459,341 | +€85,154 | +22.8% |
| Amounts payable after more than one year | 17 | €52,769 | €52,769 | = | 0.0% |
| Other amounts payable | 178/9 | €52,769 | €52,769 | = | 0.0% |
| Amounts payable within one year | 42/48 | €254,230 | €406,572 | +€152,342 | +59.9% |
| Financial debts | 43 | - | €478 | +€478 | |
| Credit institutions | 430/8 | - | €478 | +€478 | |
| Trade debts | 44 | €27,124 | €14,740 | -€12,384 | -45.7% |
| Suppliers | 440/4 | €27,124 | €14,740 | -€12,384 | -45.7% |
| Other amounts payable | 47/48 | €227,106 | €391,353 | +€164,247 | +72.3% |
| Accrued charges and deferred income | 492/3 | €67,188 | - | -€67,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,804 | €8,859 | +€2,055 | +30.2% |
| Other operating charges | 640/8 | €367 | €357 | -€10 | -2.8% |
| Gross operating margin | 9900 | -€26,131 | -€75,088 | -€48,957 | -187% |
| Operating profit (loss) | 9901 | -€33,302 | -€84,304 | -€51,002 | -153% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €346 | €150 | -€195 | -56.5% |
| Recurring financial charges | 65 | €346 | €150 | -€195 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,593 | -€84,455 | -€50,862 | -151% |
| Profit (loss) for the period | 9904 | -€33,593 | -€84,455 | -€50,862 | -151% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,593 | -€84,455 | -€50,862 | -151% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.