Windesign: 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.
Windesign
Largest movements
- Receivables within one year +€13,004
up €13,004 (+124.6%), from €10,436 to €23,440
of which Trade receivables: +€12,925
- Cash +€7,256
up €7,256 (+11.7%), from €61,824 to €69,080
mainly Other debts (+€141,644) and Net result for the year (+€31,218)
- Current investments +€5,866
up €5,866 (+12.6%), from €46,466 to €52,331
- Tangible fixed assets +€4,818
up €4,818 (+68.2%), from €7,060 to €11,878
- Deferred charges and accrued income +€1,904
up €1,904 (+7093.4%), from €27 to €1,931
- Other debts +€141,644
up €141,644 (+1531.7%), from €9,247 to €150,891
- Reserves -€98,949
down €98,949 (-96.2%), from €102,845 to €3,897
- Contributions -€11,800
down €11,800 (-95.2%), from €12,400 to €600
- Tax, wage and social debts +€1,986
up €1,986 (+93.7%), from €2,120 to €4,106
of which Taxes: +€3,086
- Gross operating margin +€26,391
up €26,391 (+128.5%), from €20,541 to €46,932
- Taxes +€10,621
up €10,621 (+1456.4%), from €729 to €11,350
- Depreciation -€1,768
down €1,768 (-25.9%), from €6,814 to €5,046
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 | €129,245 | €161,319 | +€32,074 | +24.8% |
| Formation expenses | 20 | €1,126 | €1,000 | -€126 | -11.2% |
| Fixed assets | 21/28 | €7,060 | €11,878 | +€4,818 | +68.2% |
| Tangible fixed assets | 22/27 | €7,060 | €11,878 | +€4,818 | +68.2% |
| Plant, machinery and equipment | 23 | €7,060 | €11,878 | +€4,818 | +68.2% |
| Current assets | 29/58 | €121,059 | €148,441 | +€27,382 | +22.6% |
| Stocks and contracts in progress | 3 | €2,307 | €1,660 | -€647 | -28.1% |
| Stocks | 30/36 | €2,307 | €1,660 | -€647 | -28.1% |
| Amounts receivable within one year | 40/41 | €10,436 | €23,440 | +€13,004 | +124.6% |
| Trade receivables | 40 | €1,704 | €14,629 | +€12,925 | +758.6% |
| Other amounts receivable | 41 | €8,732 | €8,811 | +€79 | +0.9% |
| Current investments | 50/53 | €46,466 | €52,331 | +€5,866 | +12.6% |
| Cash at bank and in hand | 54/58 | €61,824 | €69,080 | +€7,256 | +11.7% |
| Deferred charges and accrued income | 490/1 | €27 | €1,931 | +€1,904 | +7093.4% |
| Total equity and liabilities | 10/49 | €129,245 | €161,319 | +€32,074 | +24.8% |
| Equity | 10/15 | €115,245 | €4,497 | -€110,749 | -96.1% |
| Contributions | 10/11 | €12,400 | €600 | -€11,800 | -95.2% |
| Reserves | 13 | €102,845 | €3,897 | -€98,949 | -96.2% |
| Distributable reserves | 133 | €102,845 | €3,897 | -€98,949 | -96.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,999 | €156,822 | +€142,822 | +1020.2% |
| Amounts payable within one year | 42/48 | €13,999 | €156,822 | +€142,822 | +1020.2% |
| Trade debts | 44 | €2,633 | €1,824 | -€808 | -30.7% |
| Suppliers | 440/4 | €2,633 | €1,824 | -€808 | -30.7% |
| Taxes, remuneration and social security | 45 | €2,120 | €4,106 | +€1,986 | +93.7% |
| Taxes | 450/3 | €1,020 | €4,106 | +€3,086 | +302.7% |
| Remuneration and social security | 454/9 | €1,100 | €0 | -€1,100 | -100.0% |
| Other amounts payable | 47/48 | €9,247 | €150,891 | +€141,644 | +1531.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,814 | €5,046 | -€1,768 | -25.9% |
| Other operating charges | 640/8 | €389 | €400 | +€11 | +2.9% |
| Gross operating margin | 9900 | €20,541 | €46,932 | +€26,391 | +128.5% |
| Operating profit (loss) | 9901 | €13,339 | €41,486 | +€28,147 | +211.0% |
| Financial income | 75/76B | €1,537 | €1,431 | -€107 | -6.9% |
| Recurring financial income | 75 | €1,537 | €1,431 | -€107 | -6.9% |
| Financial charges | 65/66B | €216 | €348 | +€132 | +61.2% |
| Recurring financial charges | 65 | €216 | €348 | +€132 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €14,660 | €42,568 | +€27,909 | +190.4% |
| Income taxes | 67/77 | €729 | €11,350 | +€10,621 | +1456.4% |
| Profit (loss) for the period | 9904 | €13,930 | €31,218 | +€17,288 | +124.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,930 | €31,218 | +€17,288 | +124.1% |
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 12 October 2026 via checked.be.