WINDELS GUIDO METAALCONSTRUCTIE: what changed
WINDELS GUIDO METAALCONSTRUCTIE
Largest movements
- Cash +€53,604
up €53,604 (+25.3%), from €211,549 to €265,153
mainly Net result for the year (+€29,394) and Other debts (+€9,985)
- Tangible fixed assets -€7,541
down €7,541 (-49.0%), from €15,402 to €7,862
of which Furniture and vehicles: -€4,581
- Receivables within one year -€4,747
down €4,747 (-37.1%), from €12,808 to €8,061
of which Trade receivables: -€4,550
- Reserves +€29,394
up €29,394 (+21.7%), from €135,417 to €164,811
- Other debts +€9,985
up €9,985 (+14.1%), from €70,789 to €80,774
- Tax, wage and social debts +€3,236
up €3,236 (+62.5%), from €5,174 to €8,410
- Gross operating margin +€19,111
up €19,111 (+51.8%), from €36,879 to €55,990
- Taxes +€8,596
up €8,596 (+148%), from €5,791 to €14,386
- Staff costs -€2,568
no longer reported in 2025 (was €2,568)
- Depreciation +€1,068
up €1,068 (+16.5%), from €6,473 to €7,541
- Other operating charges -€1,029
down €1,029 (-42.5%), from €2,423 to €1,395
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,646 | €285,630 | +€42,984 | +17.7% |
| Fixed assets | 21/28 | €15,402 | €7,862 | -€7,541 | -49.0% |
| Tangible fixed assets | 22/27 | €15,402 | €7,862 | -€7,541 | -49.0% |
| Plant, machinery and equipment | 23 | €8,989 | €6,029 | -€2,960 | -32.9% |
| Furniture and vehicles | 24 | €6,413 | €1,832 | -€4,581 | -71.4% |
| Current assets | 29/58 | €227,243 | €277,768 | +€50,525 | +22.2% |
| Stocks and contracts in progress | 3 | €2,311 | €2,532 | +€222 | +9.6% |
| Stocks | 30/36 | €2,311 | €2,532 | +€222 | +9.6% |
| Amounts receivable within one year | 40/41 | €12,808 | €8,061 | -€4,747 | -37.1% |
| Trade receivables | 40 | €10,905 | €6,355 | -€4,550 | -41.7% |
| Other amounts receivable | 41 | €1,903 | €1,706 | -€197 | -10.4% |
| Cash at bank and in hand | 54/58 | €211,549 | €265,153 | +€53,604 | +25.3% |
| Deferred charges and accrued income | 490/1 | €575 | €2,022 | +€1,446 | +251% |
| Total equity and liabilities | 10/49 | €242,646 | €285,630 | +€42,984 | +17.7% |
| Equity | 10/15 | €159,787 | €189,181 | +€29,394 | +18.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €135,417 | €164,811 | +€29,394 | +21.7% |
| Distributable reserves | 133 | €135,417 | €164,811 | +€29,394 | +21.7% |
| Profit (loss) carried forward | 14 | €2,370 | €2,370 | = | 0.0% |
| Amounts payable | 17/49 | €82,858 | €96,448 | +€13,590 | +16.4% |
| Amounts payable within one year | 42/48 | €76,478 | €91,193 | +€14,715 | +19.2% |
| Trade debts | 44 | €515 | €2,009 | +€1,494 | +290% |
| Suppliers | 440/4 | €515 | €2,009 | +€1,494 | +290% |
| Taxes, remuneration and social security | 45 | €5,174 | €8,410 | +€3,236 | +62.5% |
| Taxes | 450/3 | €5,174 | €8,410 | +€3,236 | +62.5% |
| Other amounts payable | 47/48 | €70,789 | €80,774 | +€9,985 | +14.1% |
| Accrued charges and deferred income | 492/3 | €6,380 | €5,255 | -€1,125 | -17.6% |
| Remuneration, social security and pensions | 62 | €2,568 | - | -€2,568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,473 | €7,541 | +€1,068 | +16.5% |
| Other operating charges | 640/8 | €2,423 | €1,395 | -€1,029 | -42.5% |
| Non-recurring operating charges | 66A | €3,473 | - | -€3,473 | |
| Gross operating margin | 9900 | €36,879 | €55,990 | +€19,111 | +51.8% |
| Operating profit (loss) | 9901 | €21,942 | €47,055 | +€25,113 | +114% |
| Financial income | 75/76B | €1,204 | €1,992 | +€788 | +65.4% |
| Recurring financial income | 75 | €1,204 | €1,992 | +€788 | +65.4% |
| Financial charges | 65/66B | €5,633 | €5,266 | -€367 | -6.5% |
| Recurring financial charges | 65 | €5,633 | €5,266 | -€367 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €17,513 | €43,780 | +€26,267 | +150% |
| Income taxes | 67/77 | €5,791 | €14,386 | +€8,596 | +148% |
| Profit (loss) for the period | 9904 | €11,722 | €29,394 | +€17,672 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €11,722 | €29,394 | +€17,672 | +151% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.