WINDEUROPE: 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.
What changed
WINDEUROPE
NACE 82.300, Organisation of conventions and trade shows
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€68,575
2024 · €462,124-€393,549
Equity
€7.9m
2024 · €7.8m+€68,573
Cash
€5.8m
2024 · €6.5m-€717,567
Balance sheet total
€19.4m
2024 · €18.6m+€806,662
Largest movements
Assets
- Current investments +€1.9m
up €1.9m (+25.4%), from €7.7m to €9.6m
- Cash -€717,567
down €717,567 (-11.1%), from €6.5m to €5.8m
mainly Current investments (-€1.9m) and Debts within one year (-€479,686)
- Deferred charges and accrued income -€318,741
down €318,741 (-17.9%), from €1.8m to €1.5m
Equity and liabilities
- Accrued charges and deferred income +€1.2m
up €1.2m (+32.3%), from €3.8m to €5.0m
- Debts within one year -€479,686
down €479,686 (-9.6%), from €5.0m to €4.5m
of which Trade debts: -€978,978
- Profit (loss) carried forward +€214,073
up €214,073 (+16.0%), from €1.3m to €1.5m
Income statement
- Staff costs +€1.2m
up €1.2m (+13.9%), from €8.9m to €10.1m
- Services and other goods +€1.0m
up €1.0m (+10.9%), from €9.5m to €10.5m
- Write-downs -€557,635
down €557,635, from €276,494 to -€281,141
- Turnover +€424,766
up €424,766 (+3.1%), from €13.5m to €13.9m
- Other operating charges +€150,173
up €150,173 (+64.7%), from €232,110 to €382,283
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.
Result 2024
€462,124
Turnover
+€424,766
Other operating income
-€1,764
Services and other goods
-€1.0m
Staff costs
-€1.2m
Depreciation
+€59,032
Write-downs
+€557,635
Other operating charges
-€150,173
Other operating items
+€1.2m
Financial income
-€114,351
Financial charges
-€95,637
Taxes
-€4,263
Result 2025
€68,575
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.4m
Investment
-€2.1m
Financing
-€2
Cash 2024
€6.5m
From operations (derived)
+€1.4m
Net result for the year
+€68,575
Depreciation
+€190,449
Receivables within one year
+€45,657
Deferred charges and accrued income
+€318,741
Debts within one year
-€479,686
Accrued charges and deferred income
+€1.2m
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€136,405
Current investments
-€1.9m
Financing
-€2
Contributions, distributions and other
-€2
Cash 2025
€5.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,619,577 | €19,426,239 | +€806,662 | +4.3% |
| Fixed assets | 21/28 | €402,754 | €348,710 | -€54,044 | -13.4% |
| Intangible fixed assets | 21 | €31,919 | €7,704 | -€24,215 | -75.9% |
| Tangible fixed assets | 22/27 | €353,582 | €323,753 | -€29,829 | -8.4% |
| Furniture and vehicles | 24 | €97,502 | €131,693 | +€34,191 | +35.1% |
| Other tangible fixed assets | 26 | €256,080 | €192,060 | -€64,020 | -25.0% |
| Financial fixed assets | 28 | €17,253 | €17,253 | = | 0.0% |
| Other financial fixed assets | 284/8 | €17,253 | €17,253 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €17,253 | €17,253 | = | 0.0% |
| Current assets | 29/58 | €18,216,823 | €19,077,529 | +€860,706 | +4.7% |
| Amounts receivable within one year | 40/41 | €2,311,575 | €2,265,918 | -€45,657 | -2.0% |
| Trade receivables | 40 | €1,311,913 | €1,289,629 | -€22,284 | -1.7% |
| Other amounts receivable | 41 | €999,662 | €976,289 | -€23,373 | -2.3% |
| Current investments | 50/53 | €7,655,542 | €9,598,213 | +€1.9m | +25.4% |
| Cash at bank and in hand | 54/58 | €6,469,761 | €5,752,194 | -€717,567 | -11.1% |
| Deferred charges and accrued income | 490/1 | €1,779,945 | €1,461,204 | -€318,741 | -17.9% |
| Total equity and liabilities | 10/49 | €18,619,577 | €19,426,239 | +€806,662 | +4.3% |
| Equity | 10/15 | €7,834,772 | €7,903,345 | +€68,573 | +0.9% |
| Reserves | 13 | €6,500,000 | €6,354,500 | -€145,500 | -2.2% |
| Profit (loss) carried forward | 14 | €1,334,772 | €1,548,845 | +€214,073 | +16.0% |
| Provisions and deferred taxes | 16 | €2,000,000 | €2,000,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,000,000 | €2,000,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts payable | 17/49 | €8,784,805 | €9,522,894 | +€738,089 | +8.4% |
| Amounts payable within one year | 42/48 | €5,019,038 | €4,539,352 | -€479,686 | -9.6% |
| Trade debts | 44 | €2,625,124 | €1,646,146 | -€978,978 | -37.3% |
| Suppliers | 440/4 | €2,625,124 | €1,646,146 | -€978,978 | -37.3% |
| Advances received on contracts in progress | 46 | €7,675 | €26,226 | +€18,551 | +242% |
| Taxes, remuneration and social security | 45 | €2,381,652 | €2,862,393 | +€480,741 | +20.2% |
| Taxes | 450/3 | €43,311 | €331,145 | +€287,834 | +665% |
| Remuneration and social security | 454/9 | €2,338,341 | €2,531,248 | +€192,907 | +8.2% |
| Accrued charges and deferred income | 492/3 | €3,765,767 | €4,983,542 | +€1.2m | +32.3% |
| Operating income | 70/76A | €20,562,046 | €21,189,225 | +€627,179 | +3.1% |
| Turnover | 70 | €13,489,500 | €13,914,266 | +€424,766 | +3.1% |
| Membership fees, donations, legacies and grants | 73 | €7,056,844 | €7,249,884 | +€193,040 | +2.7% |
| Other operating income | 74 | €15,167 | €13,403 | -€1,764 | -11.6% |
| Non-recurring operating income | 76A | €535 | €11,672 | +€11,137 | +2,082% |
| Operating charges | 60/66A | €20,165,289 | €20,971,766 | +€806,477 | +4.0% |
| Services and other goods | 61 | €9,497,699 | €10,536,021 | +€1.0m | +10.9% |
| Remuneration, social security and pensions | 62 | €8,909,459 | €10,143,941 | +€1.2m | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249,481 | €190,449 | -€59,032 | -23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €276,494 | -€281,141 | -€557,635 | |
| Other operating charges | 640/8 | €232,110 | €382,283 | +€150,173 | +64.7% |
| Non-recurring operating charges | 66A | €46 | €213 | +€167 | +363% |
| Operating profit (loss) | 9901 | €396,757 | €217,459 | -€179,298 | -45.2% |
| Financial income | 75/76B | €327,457 | €213,106 | -€114,351 | -34.9% |
| Recurring financial income | 75 | €327,457 | €213,106 | -€114,351 | -34.9% |
| Income from current assets | 751 | €257,007 | €206,935 | -€50,072 | -19.5% |
| Other financial income | 752/9 | €70,450 | €6,171 | -€64,279 | -91.2% |
| Financial charges | 65/66B | €184,988 | €280,625 | +€95,637 | +51.7% |
| Recurring financial charges | 65 | €184,988 | €280,625 | +€95,637 | +51.7% |
| Other financial charges | 652/9 | €184,988 | €280,625 | +€95,637 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €539,226 | €149,940 | -€389,286 | -72.2% |
| Income taxes | 67/77 | €77,102 | €81,365 | +€4,263 | +5.5% |
| Taxes | 670/3 | €77,102 | €81,365 | +€4,263 | +5.5% |
| Profit (loss) for the period | 9904 | €462,124 | €68,575 | -€393,549 | -85.2% |
| Transfer from tax-exempt reserves | 789 | - | €145,500 | +€145,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €462,124 | €214,075 | -€248,049 | -53.7% |
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 13 October 2026 via checked.be.