WindSea: 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.
WindSea
Largest movements
- Cash -€10,194
down €10,194 (-30.7%), from €33,241 to €23,047
mainly Net result for the year (-€8,340) and Deferred charges and accrued income (-€5,816)
- Deferred charges and accrued income +€5,816
up €5,816 (+3,998%), from €145 to €5,962
- Receivables within one year -€3,935
down €3,935 (-31.5%), from €12,503 to €8,568
of which Trade receivables: -€5,094
- Tangible fixed assets +€1,711
new in 2025: €1,711
- Profit (loss) carried forward -€8,340
down €8,340 (-22.4%), from €37,232 to €28,892
- Other debts +€5,663
new in 2025: €5,663
- Tax, wage and social debts -€3,879
down €3,879 (-65.1%), from €5,960 to €2,082
- Gross operating margin -€13,827
down €13,827, from €6,527 to -€7,300
- Taxes -€1,722
down €1,722 (-90.6%), from €1,902 to €180
- Other operating charges +€619
up €619 (+373%), from €166 to €785
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,890 | €39,288 | -€6,602 | -14.4% |
| Fixed assets | 21/28 | - | €1,711 | +€1,711 | |
| Tangible fixed assets | 22/27 | - | €1,711 | +€1,711 | |
| Furniture and vehicles | 24 | - | €1,711 | +€1,711 | |
| Current assets | 29/58 | €45,890 | €37,577 | -€8,313 | -18.1% |
| Amounts receivable within one year | 40/41 | €12,503 | €8,568 | -€3,935 | -31.5% |
| Trade receivables | 40 | €11,991 | €6,897 | -€5,094 | -42.5% |
| Other amounts receivable | 41 | €512 | €1,671 | +€1,160 | +227% |
| Cash at bank and in hand | 54/58 | €33,241 | €23,047 | -€10,194 | -30.7% |
| Deferred charges and accrued income | 490/1 | €145 | €5,962 | +€5,816 | +3,998% |
| Total equity and liabilities | 10/49 | €45,890 | €39,288 | -€6,602 | -14.4% |
| Equity | 10/15 | €39,232 | €30,892 | -€8,340 | -21.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,232 | €28,892 | -€8,340 | -22.4% |
| Amounts payable | 17/49 | €6,658 | €8,396 | +€1,738 | +26.1% |
| Amounts payable within one year | 42/48 | €6,493 | €8,151 | +€1,658 | +25.5% |
| Trade debts | 44 | €533 | €407 | -€126 | -23.7% |
| Suppliers | 440/4 | €533 | €407 | -€126 | -23.7% |
| Taxes, remuneration and social security | 45 | €5,960 | €2,082 | -€3,879 | -65.1% |
| Taxes | 450/3 | €5,960 | €2,082 | -€3,879 | -65.1% |
| Other amounts payable | 47/48 | - | €5,663 | +€5,663 | |
| Accrued charges and deferred income | 492/3 | €165 | €245 | +€80 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | €29 | -€61 | -67.9% |
| Other operating charges | 640/8 | €166 | €785 | +€619 | +373% |
| Gross operating margin | 9900 | €6,527 | -€7,300 | -€13,827 | |
| Operating profit (loss) | 9901 | €6,271 | -€8,114 | -€14,385 | |
| Financial charges | 65/66B | €64 | €46 | -€18 | -27.8% |
| Recurring financial charges | 65 | €64 | €46 | -€18 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €6,207 | -€8,160 | -€14,367 | |
| Income taxes | 67/77 | €1,902 | €180 | -€1,722 | -90.6% |
| Profit (loss) for the period | 9904 | €4,305 | -€8,340 | -€12,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,305 | -€8,340 | -€12,645 |
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 27 October 2026 via checked.be.