WINDELS LIVING: 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.
WINDELS LIVING
Largest movements
- Cash -€6,730
down €6,730 (-82.2%), from €8,185 to €1,455
mainly Net result for the year (-€8,560) and Trade debts (-€6,845)
- Stocks and contracts +€3,200
up €3,200 (+1.8%), from €174,363 to €177,562
- Debts after one year +€11,072
up €11,072 (+7.6%), from €144,734 to €155,806
- Profit (loss) carried forward -€8,560
down €8,560 (-8.0%), from -€107,642 to -€116,201
- Trade debts -€6,845
down €6,845 (-31.4%), from €21,825 to €14,980
- Gross operating margin -€10,225
down €10,225, from €6,872 to -€3,353
- Financial income -€1,292
down €1,292 (-24.6%), from €5,243 to €3,950
- Depreciation -€879
down €879 (-21.5%), from €4,087 to €3,208
- Financial charges +€685
up €685 (+19.3%), from €3,551 to €4,237
of which Financial charges: +€655
- Other operating charges -€207
down €207 (-12.0%), from €1,727 to €1,520
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 | €198,839 | €192,725 | -€6,114 | -3.1% |
| Fixed assets | 21/28 | €6,272 | €4,415 | -€1,857 | -29.6% |
| Tangible fixed assets | 22/27 | €6,254 | €4,397 | -€1,857 | -29.7% |
| Plant, machinery and equipment | 23 | €315 | €1,388 | +€1,073 | +341% |
| Furniture and vehicles | 24 | €1,721 | €645 | -€1,077 | -62.5% |
| Other tangible fixed assets | 26 | €4,217 | €2,364 | -€1,854 | -44.0% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €192,566 | €188,309 | -€4,257 | -2.2% |
| Stocks and contracts in progress | 3 | €174,363 | €177,562 | +€3,200 | +1.8% |
| Stocks | 30/36 | €174,363 | €177,562 | +€3,200 | +1.8% |
| Amounts receivable within one year | 40/41 | €1,229 | €41 | -€1,188 | -96.7% |
| Trade receivables | 40 | €1,229 | €41 | -€1,188 | -96.7% |
| Cash at bank and in hand | 54/58 | €8,185 | €1,455 | -€6,730 | -82.2% |
| Deferred charges and accrued income | 490/1 | €8,790 | €9,251 | +€461 | +5.2% |
| Total equity and liabilities | 10/49 | €198,839 | €192,725 | -€6,114 | -3.1% |
| Equity | 10/15 | €17,221 | €8,661 | -€8,560 | -49.7% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €6,262 | €6,262 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,402 | €4,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,642 | -€116,201 | -€8,560 | -8.0% |
| Amounts payable | 17/49 | €181,618 | €184,064 | +€2,446 | +1.3% |
| Amounts payable after more than one year | 17 | €144,734 | €155,806 | +€11,072 | +7.6% |
| Other amounts payable | 178/9 | €144,734 | €155,806 | +€11,072 | +7.6% |
| Amounts payable within one year | 42/48 | €34,968 | €26,258 | -€8,710 | -24.9% |
| Trade debts | 44 | €21,825 | €14,980 | -€6,845 | -31.4% |
| Suppliers | 440/4 | €21,825 | €14,980 | -€6,845 | -31.4% |
| Taxes, remuneration and social security | 45 | €13,144 | €11,278 | -€1,866 | -14.2% |
| Taxes | 450/3 | €13,144 | €11,278 | -€1,866 | -14.2% |
| Accrued charges and deferred income | 492/3 | €1,916 | €2,000 | +€84 | +4.4% |
| Non-recurring operating income | 76A | €17,596 | - | -€17,596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | €3,208 | -€879 | -21.5% |
| Other operating charges | 640/8 | €1,727 | €1,520 | -€207 | -12.0% |
| Gross operating margin | 9900 | €6,872 | -€3,353 | -€10,225 | |
| Operating profit (loss) | 9901 | €1,058 | -€8,081 | -€9,139 | |
| Financial income | 75/76B | €5,243 | €3,950 | -€1,292 | -24.6% |
| Recurring financial income | 75 | €5,243 | €3,950 | -€1,292 | -24.6% |
| Financial charges | 65/66B | €3,551 | €4,237 | +€685 | +19.3% |
| Recurring financial charges | 65 | €3,551 | €4,207 | +€655 | +18.4% |
| Non-recurring financial charges | 66B | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €2,749 | -€8,367 | -€11,116 | |
| Income taxes | 67/77 | €253 | €192 | -€60 | -23.9% |
| Profit (loss) for the period | 9904 | €2,496 | -€8,560 | -€11,056 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,496 | -€8,560 | -€11,056 |
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 22 October 2026 via checked.be.