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WindCo 2: 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.

What changed

WindCo 2

BE 0794.547.883
NACE 35.160, Electricity, gas, steam and air conditioning supply
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,850
2024 · -€9,242+€392
Equity
€35,529
2024 · €44,379-€8,850
Cash
€42,469
2024 · €50,850-€8,381
Balance sheet total
€44,640
2024 · €53,226-€8,586

Largest movements

2024 to 2025
Assets
  • Cash -€8,381

    down €8,381 (-16.5%), from €50,850 to €42,469

    mainly Net result for the year (-€8,850) and Receivables within one year (-€73)

Equity and liabilities
  • Profit (loss) carried forward -€8,850

    down €8,850 (-51.7%), from -€17,121 to -€25,971

Income statement
  • Gross operating margin +€280

    up €280 (+3.5%), from -€7,932 to -€7,653

  • Purchases and services -€280

    down €280 (-3.5%), from €7,932 to €7,653

  • Financial charges -€125

    down €125 (-19.4%), from €645 to €520

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€9,242
Gross operating margin +€280
Other operating charges -€12
Financial charges +€125
Result 2025 -€8,850

Cash bridge derived

cash 2024 to 2025

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.

From operations -€8,381
Investment €0
Financing €0
Cash 2024 €50,850
Net result for the year -€8,850
Depreciation +€277
Receivables within one year -€73
Trade debts +€264
Cash 2025 €42,469
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €53,226 €44,640 -€8,586 -16.1%
Formation expenses 20 €832 €554 -€277 -33.3%
Current assets 29/58 €52,395 €44,086 -€8,309 -15.9%
Amounts receivable within one year 40/41 €1,545 €1,617 +€73 +4.7%
Other amounts receivable 41 €1,545 €1,617 +€73 +4.7%
Cash at bank and in hand 54/58 €50,850 €42,469 -€8,381 -16.5%
Total equity and liabilities 10/49 €53,226 €44,640 -€8,586 -16.1%
Equity 10/15 €44,379 €35,529 -€8,850 -19.9%
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Profit (loss) carried forward 14 -€17,121 -€25,971 -€8,850 -51.7%
Amounts payable 17/49 €8,847 €9,111 +€264 +3.0%
Amounts payable within one year 42/48 €8,847 €9,111 +€264 +3.0%
Trade debts 44 €8,847 €9,111 +€264 +3.0%
Suppliers 440/4 €8,847 €9,111 +€264 +3.0%
Goods, raw materials, services and sundry goods 60/61 €7,932 €7,653 -€280 -3.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €277 €277 = 0.0%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 -€7,932 -€7,653 +€280 +3.5%
Operating profit (loss) 9901 -€8,597 -€8,330 +€267 +3.1%
Financial charges 65/66B €645 €520 -€125 -19.4%
Recurring financial charges 65 €645 €520 -€125 -19.4%
Profit (loss) for the period before taxes 9903 -€9,242 -€8,850 +€392 +4.2%
Profit (loss) for the period 9904 -€9,242 -€8,850 +€392 +4.2%
Profit (loss) for the period to be appropriated 9905 -€9,242 -€8,850 +€392 +4.2%

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 30 September 2026 via checked.be.