WINDO BG: 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.
WINDO BG
Largest movements
- Cash +€721,336
up €721,336 (+1793.2%), from €40,227 to €761,563
mainly Current investments (+€650,000) and Receivables within one year (+€106,290)
- Current investments -€650,000
no longer reported in 2025 (was €650,000)
- Receivables within one year -€106,290
down €106,290 (-57.7%), from €184,334 to €78,044
of which Trade receivables: -€73,142
- Tax, wage and social debts -€127,330
down €127,330 (-62.8%), from €202,685 to €75,354
of which Taxes: -€129,019
- Other debts +€58,581
up €58,581 (+3.3%), from €1.8m to €1.8m
- Financial income -€1.6m
down €1.6m (-95.1%), from €1.7m to €81,406
- Taxes -€143,050
down €143,050 (-95.7%), from €149,503 to €6,453
- Gross operating margin +€7,732
up €7,732 (+3.0%), from €261,581 to €269,313
- Financial charges -€6,098
down €6,098 (-9.1%), from €66,699 to €60,601
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 | €5,670,909 | €5,633,895 | -€37,014 | -0.7% |
| Fixed assets | 21/28 | €4,793,283 | €4,793,283 | = | 0.0% |
| Financial fixed assets | 28 | €4,793,283 | €4,793,283 | = | 0.0% |
| Current assets | 29/58 | €877,626 | €840,611 | -€37,014 | -4.2% |
| Amounts receivable within one year | 40/41 | €184,334 | €78,044 | -€106,290 | -57.7% |
| Trade receivables | 40 | €140,753 | €67,611 | -€73,142 | -52.0% |
| Other amounts receivable | 41 | €43,581 | €10,433 | -€33,149 | -76.1% |
| Current investments | 50/53 | €650,000 | - | -€650,000 | |
| Cash at bank and in hand | 54/58 | €40,227 | €761,563 | +€721,336 | +1793.2% |
| Deferred charges and accrued income | 490/1 | €3,065 | €1,004 | -€2,060 | -67.2% |
| Total equity and liabilities | 10/49 | €5,670,909 | €5,633,895 | -€37,014 | -0.7% |
| Equity | 10/15 | €3,674,235 | €3,708,989 | +€34,754 | +0.9% |
| Contributions | 10/11 | €393,188 | €393,188 | = | 0.0% |
| Reserves | 13 | €3,281,047 | €3,315,801 | +€34,754 | +1.1% |
| Distributable reserves | 133 | €3,281,047 | €3,315,801 | +€34,754 | +1.1% |
| Amounts payable | 17/49 | €1,996,674 | €1,924,906 | -€71,768 | -3.6% |
| Amounts payable within one year | 42/48 | €1,996,038 | €1,924,906 | -€71,132 | -3.6% |
| Trade debts | 44 | €33,007 | €30,625 | -€2,383 | -7.2% |
| Suppliers | 440/4 | €33,007 | €30,625 | -€2,383 | -7.2% |
| Taxes, remuneration and social security | 45 | €202,685 | €75,354 | -€127,330 | -62.8% |
| Taxes | 450/3 | €151,976 | €22,958 | -€129,019 | -84.9% |
| Remuneration and social security | 454/9 | €50,708 | €52,397 | +€1,688 | +3.3% |
| Other amounts payable | 47/48 | €1,760,346 | €1,818,927 | +€58,581 | +3.3% |
| Accrued charges and deferred income | 492/3 | €636 | - | -€636 | |
| Remuneration, social security and pensions | 62 | €236,816 | €238,824 | +€2,008 | +0.8% |
| Other operating charges | 640/8 | €502 | €1,088 | +€585 | +116.4% |
| Gross operating margin | 9900 | €261,581 | €269,313 | +€7,732 | +3.0% |
| Operating profit (loss) | 9901 | €24,263 | €29,401 | +€5,139 | +21.2% |
| Financial income | 75/76B | €1,666,120 | €81,406 | -€1.6m | -95.1% |
| Recurring financial income | 75 | €1,666,120 | €81,406 | -€1.6m | -95.1% |
| Financial charges | 65/66B | €66,699 | €60,601 | -€6,098 | -9.1% |
| Recurring financial charges | 65 | €66,699 | €60,601 | -€6,098 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €1,623,684 | €50,207 | -€1.6m | -96.9% |
| Income taxes | 67/77 | €149,503 | €6,453 | -€143,050 | -95.7% |
| Profit (loss) for the period | 9904 | €1,474,181 | €43,754 | -€1.4m | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,474,181 | €43,754 | -€1.4m | -97.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.