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WINDOWS FOR LIFE: 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

WINDOWS FOR LIFE

BE 0889.999.249
NACE 43.320, Joinery installation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€19,630
2024 · €1,237-€20,867
Equity
€20,381
2024 · €40,011-€19,630
Cash
€4,714
2024 · €4,949-€234
Balance sheet total
€36,217
2024 · €65,190-€28,973

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€26,837

    down €26,837 (-49.1%), from €54,655 to €27,818

    of which Trade receivables: -€29,897

  • Tangible fixed assets -€1,901

    down €1,901 (-50.7%), from €3,750 to €1,849

Equity and liabilities
  • Profit (loss) carried forward -€19,630

    down €19,630, from €19,551 to -€79

  • Trade debts -€9,985

    down €9,985 (-63.5%), from €15,728 to €5,743

  • Tax, wage and social debts +€1,066

    up €1,066 (+11.8%), from €9,027 to €10,093

    of which Remuneration and social security: +€2,292

Income statement
  • Gross operating margin -€17,665

    down €17,665, from €8,309 to -€9,356

  • Taxes +€4,813

    new in 2025: €4,813

  • Depreciation -€4,048

    down €4,048 (-68.0%), from €5,949 to €1,901

  • Financial charges +€2,769

    up €2,769 (+6,870%), from €40 to €2,809

  • Other operating charges -€332

    down €332 (-30.6%), from €1,083 to €751

From the 2024 result to the 2025 result

effect on the 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 €1,237
Gross operating margin -€17,665
Depreciation +€4,048
Other operating charges +€332
Financial charges -€2,769
Taxes -€4,813
Result 2025 -€19,630
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 -€234
Investment €0
Financing €0
Cash 2024 €4,949
Net result for the year -€19,630
Depreciation +€1,901
Receivables within one year +€26,837
Trade debts -€9,985
Tax, wage and social debts +€1,066
Advances received -€1
Other debts -€423
Cash 2025 €4,714
brings cash intakes cash out
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €65,190 €36,217 -€28,973 -44.4%
Fixed assets 21/28 €4,400 €2,499 -€1,901 -43.2%
Tangible fixed assets 22/27 €3,750 €1,849 -€1,901 -50.7%
Furniture and vehicles 24 €3,750 €1,849 -€1,901 -50.7%
Financial fixed assets 28 €650 €650 = 0.0%
Current assets 29/58 €60,790 €33,718 -€27,072 -44.5%
Amounts receivable within one year 40/41 €54,655 €27,818 -€26,837 -49.1%
Trade receivables 40 €54,149 €24,252 -€29,897 -55.2%
Other amounts receivable 41 €506 €3,565 +€3,059 +605%
Cash at bank and in hand 54/58 €4,949 €4,714 -€234 -4.7%
Deferred charges and accrued income 490/1 €1,187 €1,187 = 0.0%
Total equity and liabilities 10/49 €65,190 €36,217 -€28,973 -44.4%
Equity 10/15 €40,011 €20,381 -€19,630 -49.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €19,551 -€79 -€19,630
Amounts payable 17/49 €25,179 €15,836 -€9,343 -37.1%
Amounts payable within one year 42/48 €25,179 €15,836 -€9,343 -37.1%
Trade debts 44 €15,728 €5,743 -€9,985 -63.5%
Suppliers 440/4 €15,728 €5,743 -€9,985 -63.5%
Advances received on contracts in progress 46 €1 - -€1
Taxes, remuneration and social security 45 €9,027 €10,093 +€1,066 +11.8%
Taxes 450/3 €6,972 €5,746 -€1,226 -17.6%
Remuneration and social security 454/9 €2,055 €4,347 +€2,292 +112%
Other amounts payable 47/48 €423 - -€423
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,949 €1,901 -€4,048 -68.0%
Other operating charges 640/8 €1,083 €751 -€332 -30.6%
Gross operating margin 9900 €8,309 -€9,356 -€17,665
Operating profit (loss) 9901 €1,277 -€12,008 -€13,286
Financial charges 65/66B €40 €2,809 +€2,769 +6,870%
Recurring financial charges 65 €40 €2,809 +€2,769 +6,870%
Profit (loss) for the period before taxes 9903 €1,237 -€14,817 -€16,054
Income taxes 67/77 - €4,813 +€4,813
Profit (loss) for the period 9904 €1,237 -€19,630 -€20,867
Profit (loss) for the period to be appropriated 9905 €1,237 -€19,630 -€20,867

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 19 October 2026 via checked.be.