WINDOWDECORATION: 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.
WINDOWDECORATION
Largest movements
- Receivables within one year -€81,405
down €81,405 (-65.0%), from €125,182 to €43,777
of which Other amounts receivable: -€61,578
- Cash +€43,863
up €43,863 (+355.2%), from €12,350 to €56,213
mainly Receivables within one year (+€81,405) and Stocks and contracts (+€15,150)
- Stocks and contracts -€15,150
down €15,150 (-75.4%), from €20,100 to €4,950
- Deferred charges and accrued income -€2,154
down €2,154 (-97.9%), from €2,200 to €46
- Profit (loss) carried forward -€43,682
down €43,682 (-383.6%), from -€11,387 to -€55,069
- Other debts -€14,124
down €14,124 (-16.7%), from €84,447 to €70,323
- Trade debts +€5,425
up €5,425 (+100.7%), from €5,386 to €10,811
- Tax, wage and social debts -€3,733
down €3,733 (-54.6%), from €6,835 to €3,102
- Other operating charges +€41,427
up €41,427 (+4170.0%), from €993 to €42,421
- Gross operating margin +€21,106
up €21,106, from -€20,692 to €414
- Taxes -€1,843
no longer reported in 2025 (was €1,843)
- Financial charges -€815
down €815 (-48.5%), from €1,681 to €865
- Depreciation -€482
down €482 (-27.5%), from €1,749 to €1,267
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 | €162,441 | €106,328 | -€56,114 | -34.5% |
| Fixed assets | 21/28 | €2,610 | €1,342 | -€1,267 | -48.6% |
| Tangible fixed assets | 22/27 | €2,610 | €1,342 | -€1,267 | -48.6% |
| Plant, machinery and equipment | 23 | €1,636 | €1,134 | -€501 | -30.7% |
| Furniture and vehicles | 24 | €974 | €208 | -€766 | -78.7% |
| Current assets | 29/58 | €159,832 | €104,986 | -€54,846 | -34.3% |
| Stocks and contracts in progress | 3 | €20,100 | €4,950 | -€15,150 | -75.4% |
| Stocks | 30/36 | €20,100 | €4,950 | -€15,150 | -75.4% |
| Amounts receivable within one year | 40/41 | €125,182 | €43,777 | -€81,405 | -65.0% |
| Trade receivables | 40 | €47,278 | €27,451 | -€19,827 | -41.9% |
| Other amounts receivable | 41 | €77,904 | €16,326 | -€61,578 | -79.0% |
| Cash at bank and in hand | 54/58 | €12,350 | €56,213 | +€43,863 | +355.2% |
| Deferred charges and accrued income | 490/1 | €2,200 | €46 | -€2,154 | -97.9% |
| Total equity and liabilities | 10/49 | €162,441 | €106,328 | -€56,114 | -34.5% |
| Equity | 10/15 | €65,773 | €22,092 | -€43,682 | -66.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €52,371 | €52,371 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,921 | €31,921 | = | 0.0% |
| Distributable reserves | 133 | €17,971 | €17,971 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,387 | -€55,069 | -€43,682 | -383.6% |
| Amounts payable | 17/49 | €96,668 | €84,236 | -€12,432 | -12.9% |
| Amounts payable within one year | 42/48 | €96,668 | €84,236 | -€12,432 | -12.9% |
| Trade debts | 44 | €5,386 | €10,811 | +€5,425 | +100.7% |
| Suppliers | 440/4 | €5,386 | €10,811 | +€5,425 | +100.7% |
| Taxes, remuneration and social security | 45 | €6,835 | €3,102 | -€3,733 | -54.6% |
| Taxes | 450/3 | €6,835 | €3,102 | -€3,733 | -54.6% |
| Other amounts payable | 47/48 | €84,447 | €70,323 | -€14,124 | -16.7% |
| Non-recurring operating income | 76A | - | €23,999 | +€23,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,749 | €1,267 | -€482 | -27.5% |
| Other operating charges | 640/8 | €993 | €42,421 | +€41,427 | +4170.0% |
| Gross operating margin | 9900 | -€20,692 | €414 | +€21,106 | |
| Operating profit (loss) | 9901 | -€23,435 | -€43,274 | -€19,839 | -84.7% |
| Financial income | 75/76B | €36 | €458 | +€421 | +1157.3% |
| Recurring financial income | 75 | €36 | €458 | +€421 | +1157.3% |
| Financial charges | 65/66B | €1,681 | €865 | -€815 | -48.5% |
| Recurring financial charges | 65 | €1,681 | €865 | -€815 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,079 | -€43,682 | -€18,602 | -74.2% |
| Income taxes | 67/77 | €1,843 | - | -€1,843 | |
| Profit (loss) for the period | 9904 | -€26,922 | -€43,682 | -€16,760 | -62.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,922 | -€43,682 | -€16,760 | -62.3% |
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.