WINDWART: what changed
WINDWART
Largest movements
- Receivables within one year +€27,673
up €27,673 (+937%), from €2,954 to €30,626
- Cash -€7,394
down €7,394 (-69.0%), from €10,710 to €3,316
mainly Receivables within one year (-€27,673) and Tax, wage and social debts (-€1,383)
- Tangible fixed assets +€1,219
new in 2025: €1,219
- Trade debts +€17,512
up €17,512 (+685%), from €2,557 to €20,069
- Other debts +€6,237
up €6,237 (+34,649%), from €18 to €6,255
- Tax, wage and social debts -€1,383
down €1,383 (-28.1%), from €4,922 to €3,539
- Profit (loss) carried forward -€868
down €868 (-20.8%), from €4,167 to €3,299
- Gross operating margin -€4,450
down €4,450 (-81.4%), from €5,464 to €1,014
- Other operating charges +€1,448
up €1,448 (+876%), from €165 to €1,613
- Taxes -€1,126
no longer reported in 2025 (was €1,126)
- Staff costs +€149
new in 2025: €149
- Financial charges +€80
up €80 (+830%), from €10 to €90
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,664 | €35,161 | +€21,498 | +157% |
| Fixed assets | 21/28 | - | €1,219 | +€1,219 | |
| Tangible fixed assets | 22/27 | - | €1,219 | +€1,219 | |
| Plant, machinery and equipment | 23 | - | €1,219 | +€1,219 | |
| Current assets | 29/58 | €13,664 | €33,942 | +€20,279 | +148% |
| Amounts receivable within one year | 40/41 | €2,954 | €30,626 | +€27,673 | +937% |
| Trade receivables | 40 | €2,954 | €30,626 | +€27,673 | +937% |
| Cash at bank and in hand | 54/58 | €10,710 | €3,316 | -€7,394 | -69.0% |
| Total equity and liabilities | 10/49 | €13,664 | €35,161 | +€21,498 | +157% |
| Equity | 10/15 | €6,167 | €5,299 | -€868 | -14.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,167 | €3,299 | -€868 | -20.8% |
| Amounts payable | 17/49 | €7,497 | €29,863 | +€22,366 | +298% |
| Amounts payable within one year | 42/48 | €7,497 | €29,863 | +€22,366 | +298% |
| Trade debts | 44 | €2,557 | €20,069 | +€17,512 | +685% |
| Suppliers | 440/4 | €2,557 | €20,069 | +€17,512 | +685% |
| Taxes, remuneration and social security | 45 | €4,922 | €3,539 | -€1,383 | -28.1% |
| Taxes | 450/3 | €4,922 | €3,539 | -€1,383 | -28.1% |
| Other amounts payable | 47/48 | €18 | €6,255 | +€6,237 | +34,649% |
| Remuneration, social security and pensions | 62 | - | €149 | +€149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €35 | +€35 | |
| Other operating charges | 640/8 | €165 | €1,613 | +€1,448 | +876% |
| Gross operating margin | 9900 | €5,464 | €1,014 | -€4,450 | -81.4% |
| Operating profit (loss) | 9901 | €5,299 | -€782 | -€6,081 | |
| Financial income | 75/76B | €4 | €4 | -€0 | -8.7% |
| Recurring financial income | 75 | €4 | €4 | -€0 | -8.7% |
| Financial charges | 65/66B | €10 | €90 | +€80 | +830% |
| Recurring financial charges | 65 | €10 | €90 | +€80 | +830% |
| Profit (loss) for the period before taxes | 9903 | €5,293 | -€868 | -€6,162 | |
| Income taxes | 67/77 | €1,126 | - | -€1,126 | |
| Profit (loss) for the period | 9904 | €4,167 | -€868 | -€5,036 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,167 | -€868 | -€5,036 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.