Winddicht: 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.
Winddicht
Largest movements
- Cash -€115,225
down €115,225 (-72.2%), from €159,528 to €44,303
mainly Trade debts (-€65,565) and Other debts (-€44,815)
- Stocks and contracts -€37,506
down €37,506 (-62.8%), from €59,679 to €22,173
of which Contracts in progress: -€40,681
- Deferred charges and accrued income -€5,698
down €5,698 (-70.1%), from €8,123 to €2,425
- Trade debts -€65,565
down €65,565 (-39.3%), from €166,848 to €101,284
- Other debts -€44,815
down €44,815 (-89.6%), from €50,000 to €5,185
- Profit (loss) carried forward -€37,932
down €37,932 (-168.7%), from -€22,482 to -€60,413
- Tax, wage and social debts -€8,306
down €8,306 (-21.1%), from €39,446 to €31,140
of which Taxes: -€6,722
- Debts after one year -€5,102
down €5,102 (-20.9%), from €24,457 to €19,355
- Gross operating margin -€169,032
down €169,032 (-34.3%), from €492,900 to €323,868
- Staff costs -€56,807
down €56,807 (-14.7%), from €386,076 to €329,269
- Write-downs -€22,346
down €22,346 (-100.0%), from €22,346 to €0
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 | €381,847 | €220,252 | -€161,595 | -42.3% |
| Fixed assets | 21/28 | €47,706 | €44,196 | -€3,511 | -7.4% |
| Tangible fixed assets | 22/27 | €45,206 | €41,696 | -€3,511 | -7.8% |
| Land and buildings | 22 | €30,000 | - | -€30,000 | |
| Plant, machinery and equipment | 23 | €8,082 | €6,317 | -€1,765 | -21.8% |
| Furniture and vehicles | 24 | €2,093 | €9,021 | +€6,928 | +331.0% |
| Other tangible fixed assets | 26 | €5,031 | €26,358 | +€21,326 | +423.9% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €334,141 | €176,056 | -€158,084 | -47.3% |
| Stocks and contracts in progress | 3 | €59,679 | €22,173 | -€37,506 | -62.8% |
| Stocks | 30/36 | €3,000 | €6,175 | +€3,175 | +105.8% |
| Contracts in progress | 37 | €56,679 | €15,997 | -€40,681 | -71.8% |
| Amounts receivable within one year | 40/41 | €106,811 | €107,156 | +€345 | +0.3% |
| Trade receivables | 40 | €103,273 | €93,577 | -€9,695 | -9.4% |
| Other amounts receivable | 41 | €3,539 | €13,579 | +€10,040 | +283.7% |
| Cash at bank and in hand | 54/58 | €159,528 | €44,303 | -€115,225 | -72.2% |
| Deferred charges and accrued income | 490/1 | €8,123 | €2,425 | -€5,698 | -70.1% |
| Total equity and liabilities | 10/49 | €381,847 | €220,252 | -€161,595 | -42.3% |
| Equity | 10/15 | -€3,882 | -€41,813 | -€37,932 | -977.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,482 | -€60,413 | -€37,932 | -168.7% |
| Amounts payable | 17/49 | €385,729 | €262,065 | -€123,663 | -32.1% |
| Amounts payable after more than one year | 17 | €24,457 | €19,355 | -€5,102 | -20.9% |
| Financial debts | 170/4 | €24,457 | €19,355 | -€5,102 | -20.9% |
| Amounts payable within one year | 42/48 | €361,272 | €242,710 | -€118,561 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €4,977 | €5,102 | +€125 | +2.5% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €166,848 | €101,284 | -€65,565 | -39.3% |
| Suppliers | 440/4 | €166,848 | €101,284 | -€65,565 | -39.3% |
| Taxes, remuneration and social security | 45 | €39,446 | €31,140 | -€8,306 | -21.1% |
| Taxes | 450/3 | €6,722 | €0 | -€6,722 | -100.0% |
| Remuneration and social security | 454/9 | €32,724 | €31,140 | -€1,584 | -4.8% |
| Other amounts payable | 47/48 | €50,000 | €5,185 | -€44,815 | -89.6% |
| Remuneration, social security and pensions | 62 | €386,076 | €329,269 | -€56,807 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,695 | €12,611 | +€2,915 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,346 | €0 | -€22,346 | -100.0% |
| Other operating charges | 640/8 | €12,934 | €13,005 | +€71 | +0.6% |
| Gross operating margin | 9900 | €492,900 | €323,868 | -€169,032 | -34.3% |
| Operating profit (loss) | 9901 | €61,849 | -€31,017 | -€92,866 | |
| Financial income | 75/76B | €147 | €426 | +€279 | +190.1% |
| Recurring financial income | 75 | €147 | €426 | +€279 | +190.1% |
| Financial charges | 65/66B | €7,130 | €7,661 | +€531 | +7.4% |
| Recurring financial charges | 65 | €7,130 | €7,661 | +€531 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €54,866 | -€38,252 | -€93,118 | |
| Income taxes | 67/77 | €3,317 | -€320 | -€3,637 | |
| Profit (loss) for the period | 9904 | €51,549 | -€37,932 | -€89,481 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,549 | -€37,932 | -€89,481 |
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 11 October 2026 via checked.be.