DE WINKELSCHUUR: 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.
DE WINKELSCHUUR
Largest movements
- Tangible fixed assets -€13,575
down €13,575 (-7.6%), from €178,509 to €164,934
of which Land and buildings: -€11,455
- Cash -€6,190
down €6,190 (-68.9%), from €8,982 to €2,792
mainly Net result for the year (-€23,194) and Other debts (-€4,363)
- Stocks and contracts -€6,147
down €6,147 (-66.7%), from €9,220 to €3,073
- Receivables within one year -€2,742
down €2,742 (-32.2%), from €8,505 to €5,763
of which Trade receivables: -€2,742
- Profit (loss) carried forward -€23,194
down €23,194 (-8.8%), from -€264,384 to -€287,578
- Trade debts +€6,126
up €6,126 (+243%), from €2,524 to €8,650
- Other debts -€4,363
down €4,363 (-1.3%), from €329,085 to €324,722
- Current portion of long-term debt -€3,278
down €3,278 (-66.3%), from €4,947 to €1,669
- Gross operating margin -€11,541
down €11,541 (-90.8%), from €12,704 to €1,163
- Financial charges -€5,642
down €5,642 (-39.2%), from €14,406 to €8,765
- Other operating charges -€1,848
down €1,848 (-47.3%), from €3,908 to €2,060
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 | €206,824 | €178,403 | -€28,421 | -13.7% |
| Fixed assets | 21/28 | €179,509 | €165,934 | -€13,575 | -7.6% |
| Tangible fixed assets | 22/27 | €178,509 | €164,934 | -€13,575 | -7.6% |
| Land and buildings | 22 | €168,658 | €157,204 | -€11,455 | -6.8% |
| Other tangible fixed assets | 26 | €9,850 | €7,731 | -€2,120 | -21.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €27,315 | €12,468 | -€14,847 | -54.4% |
| Stocks and contracts in progress | 3 | €9,220 | €3,073 | -€6,147 | -66.7% |
| Stocks | 30/36 | €9,220 | €3,073 | -€6,147 | -66.7% |
| Amounts receivable within one year | 40/41 | €8,505 | €5,763 | -€2,742 | -32.2% |
| Trade receivables | 40 | €8,149 | €5,407 | -€2,742 | -33.7% |
| Other amounts receivable | 41 | €356 | €356 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,982 | €2,792 | -€6,190 | -68.9% |
| Deferred charges and accrued income | 490/1 | €608 | €840 | +€232 | +38.2% |
| Total equity and liabilities | 10/49 | €206,824 | €178,403 | -€28,421 | -13.7% |
| Equity | 10/15 | -€233,438 | -€256,633 | -€23,194 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,345 | €12,345 | = | 0.0% |
| Distributable reserves | 133 | €12,345 | €12,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€264,384 | -€287,578 | -€23,194 | -8.8% |
| Amounts payable | 17/49 | €440,262 | €435,035 | -€5,227 | -1.2% |
| Amounts payable after more than one year | 17 | €1,669 | €0 | -€1,669 | -100% |
| Financial debts | 170/4 | €1,669 | €0 | -€1,669 | -100% |
| Amounts payable within one year | 42/48 | €433,299 | €430,722 | -€2,577 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €4,947 | €1,669 | -€3,278 | -66.3% |
| Financial debts | 43 | €93,548 | €93,305 | -€242 | -0.3% |
| Credit institutions | 430/8 | €93,548 | €93,305 | -€242 | -0.3% |
| Trade debts | 44 | €2,524 | €8,650 | +€6,126 | +243% |
| Suppliers | 440/4 | €2,524 | €8,650 | +€6,126 | +243% |
| Advances received on contracts in progress | 46 | €1,765 | €900 | -€865 | -49.0% |
| Taxes, remuneration and social security | 45 | €1,430 | €1,476 | +€46 | +3.2% |
| Taxes | 450/3 | €1,430 | €1,476 | +€46 | +3.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €329,085 | €324,722 | -€4,363 | -1.3% |
| Accrued charges and deferred income | 492/3 | €5,294 | €4,313 | -€981 | -18.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,668 | €13,575 | -€94 | -0.7% |
| Other operating charges | 640/8 | €3,908 | €2,060 | -€1,848 | -47.3% |
| Gross operating margin | 9900 | €12,704 | €1,163 | -€11,541 | -90.8% |
| Operating profit (loss) | 9901 | -€4,873 | -€14,472 | -€9,599 | -197% |
| Financial income | 75/76B | €14 | €42 | +€28 | +205% |
| Recurring financial income | 75 | €14 | €42 | +€28 | +205% |
| Financial charges | 65/66B | €14,406 | €8,765 | -€5,642 | -39.2% |
| Recurring financial charges | 65 | €14,406 | €8,765 | -€5,642 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,265 | -€23,194 | -€3,929 | -20.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,265 | -€23,194 | -€3,929 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,265 | -€23,194 | -€3,929 | -20.4% |
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 23 October 2026 via checked.be.