WINDMILL FORWARDING: what changed
Two fiscal 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.
WINDMILL FORWARDING
Largest movements
- Receivables within one year +€62,577
up €62,577 (+794.2%), from €7,879 to €70,456
of which Other amounts receivable: +€61,757
- Cash -€56,436
down €56,436 (-71.5%), from €78,957 to €22,521
mainly Receivables within one year (-€62,577) and Trade debts (-€2,986)
- Reserves +€6,848
up €6,848 (+41.9%), from €16,333 to €23,180
of which Distributable reserves: +€6,848
- Trade debts -€2,986
down €2,986 (-99.4%), from €3,003 to €17
- Tax, wage and social debts +€2,279
up €2,279 (+41.4%), from €5,500 to €7,779
- Gross operating margin -€13,156
down €13,156 (-57.2%), from €22,989 to €9,832
- Taxes -€3,221
down €3,221 (-58.6%), from €5,500 to €2,279
- Other operating charges -€396
down €396 (-49.8%), from €796 to €400
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 | €86,836 | €92,977 | +€6,141 | +7.1% |
| Current assets | 29/58 | €86,836 | €92,977 | +€6,141 | +7.1% |
| Amounts receivable within one year | 40/41 | €7,879 | €70,456 | +€62,577 | +794.2% |
| Trade receivables | 40 | €7,170 | €7,990 | +€820 | +11.4% |
| Other amounts receivable | 41 | €709 | €62,466 | +€61,757 | +8710.1% |
| Cash at bank and in hand | 54/58 | €78,957 | €22,521 | -€56,436 | -71.5% |
| Total equity and liabilities | 10/49 | €86,836 | €92,977 | +€6,141 | +7.1% |
| Equity | 10/15 | €78,333 | €85,180 | +€6,848 | +8.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,333 | €23,180 | +€6,848 | +41.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €10,133 | €16,980 | +€6,848 | +67.6% |
| Amounts payable | 17/49 | €8,503 | €7,796 | -€707 | -8.3% |
| Amounts payable within one year | 42/48 | €8,503 | €7,796 | -€707 | -8.3% |
| Trade debts | 44 | €3,003 | €17 | -€2,986 | -99.4% |
| Suppliers | 440/4 | €3,003 | €17 | -€2,986 | -99.4% |
| Taxes, remuneration and social security | 45 | €5,500 | €7,779 | +€2,279 | +41.4% |
| Taxes | 450/3 | €5,500 | €7,779 | +€2,279 | +41.4% |
| Other operating charges | 640/8 | €796 | €400 | -€396 | -49.8% |
| Gross operating margin | 9900 | €22,989 | €9,832 | -€13,156 | -57.2% |
| Operating profit (loss) | 9901 | €22,193 | €9,433 | -€12,760 | -57.5% |
| Financial charges | 65/66B | €360 | €306 | -€55 | -15.2% |
| Recurring financial charges | 65 | €360 | €306 | -€55 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €21,833 | €9,127 | -€12,706 | -58.2% |
| Income taxes | 67/77 | €5,500 | €2,279 | -€3,221 | -58.6% |
| Profit (loss) for the period | 9904 | €16,333 | €6,848 | -€9,485 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,333 | €6,848 | -€9,485 | -58.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.