DE WINNE: 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 WINNE
Largest movements
- Deferred charges and accrued income +€15,881
new in 2025: €15,881
- Intangible fixed assets -€15,000
down €15,000 (-33.3%), from €45,000 to €30,000
- Cash +€8,236
up €8,236 (+254%), from €3,241 to €11,476
mainly Trade debts (+€55,082) and Depreciation (+€23,371)
- Tangible fixed assets -€7,906
down €7,906 (-15.4%), from €51,242 to €43,337
- Stocks and contracts +€4,494
up €4,494 (+117%), from €3,840 to €8,334
- Trade debts +€55,082
up €55,082 (+1,117%), from €4,930 to €60,012
- Profit (loss) carried forward -€22,357
down €22,357, from €1,599 to -€20,758
- Current portion of long-term debt -€16,739
down €16,739 (-57.5%), from €29,133 to €12,394
- Debts after one year -€16,024
down €16,024 (-49.6%), from €32,339 to €16,315
- Short-term financial debts +€4,829
up €4,829 (+19.5%), from €24,712 to €29,542
- Staff costs +€54,610
up €54,610 (+87.3%), from €62,525 to €117,135
- Gross operating margin +€41,875
up €41,875 (+43.6%), from €96,040 to €137,915
- Other operating charges +€10,843
up €10,843 (+402%), from €2,699 to €13,542
- Taxes -€2,888
down €2,888 (-99.9%), from €2,890 to €2
- Financial charges +€1,940
up €1,940 (+40.1%), from €4,835 to €6,775
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 | €115,140 | €119,232 | +€4,093 | +3.6% |
| Formation expenses | 20 | €465 | €0 | -€465 | -100% |
| Fixed assets | 21/28 | €96,242 | €73,337 | -€22,906 | -23.8% |
| Intangible fixed assets | 21 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Tangible fixed assets | 22/27 | €51,242 | €43,337 | -€7,906 | -15.4% |
| Plant, machinery and equipment | 23 | €51,242 | €43,337 | -€7,906 | -15.4% |
| Current assets | 29/58 | €18,432 | €45,896 | +€27,464 | +149% |
| Stocks and contracts in progress | 3 | €3,840 | €8,334 | +€4,494 | +117% |
| Stocks | 30/36 | €3,840 | €8,334 | +€4,494 | +117% |
| Amounts receivable within one year | 40/41 | €11,351 | €10,204 | -€1,147 | -10.1% |
| Trade receivables | 40 | €9,082 | €2,363 | -€6,719 | -74.0% |
| Other amounts receivable | 41 | €2,269 | €7,841 | +€5,572 | +246% |
| Cash at bank and in hand | 54/58 | €3,241 | €11,476 | +€8,236 | +254% |
| Deferred charges and accrued income | 490/1 | - | €15,881 | +€15,881 | |
| Total equity and liabilities | 10/49 | €115,140 | €119,232 | +€4,093 | +3.6% |
| Equity | 10/15 | €6,599 | -€15,758 | -€22,357 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €1,599 | -€20,758 | -€22,357 | |
| Amounts payable | 17/49 | €108,540 | €134,990 | +€26,450 | +24.4% |
| Amounts payable after more than one year | 17 | €32,339 | €16,315 | -€16,024 | -49.6% |
| Financial debts | 170/4 | €32,339 | €16,315 | -€16,024 | -49.6% |
| Amounts payable within one year | 42/48 | €76,201 | €118,675 | +€42,474 | +55.7% |
| Current portion of amounts payable after more than one year | 42 | €29,133 | €12,394 | -€16,739 | -57.5% |
| Financial debts | 43 | €24,712 | €29,542 | +€4,829 | +19.5% |
| Credit institutions | 430/8 | €24,712 | €29,542 | +€4,829 | +19.5% |
| Trade debts | 44 | €4,930 | €60,012 | +€55,082 | +1,117% |
| Suppliers | 440/4 | €4,930 | €60,012 | +€55,082 | +1,117% |
| Taxes, remuneration and social security | 45 | €15,881 | €16,727 | +€846 | +5.3% |
| Taxes | 450/3 | €5,350 | €2,732 | -€2,619 | -48.9% |
| Remuneration and social security | 454/9 | €10,531 | €13,996 | +€3,465 | +32.9% |
| Other amounts payable | 47/48 | €1,544 | €0 | -€1,544 | -100% |
| Non-recurring operating income | 76A | - | €3,346 | +€3,346 | |
| Remuneration, social security and pensions | 62 | €62,525 | €117,135 | +€54,610 | +87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,077 | €23,371 | +€294 | +1.3% |
| Other operating charges | 640/8 | €2,699 | €13,542 | +€10,843 | +402% |
| Gross operating margin | 9900 | €96,040 | €137,915 | +€41,875 | +43.6% |
| Operating profit (loss) | 9901 | €7,739 | -€16,133 | -€23,872 | |
| Financial income | 75/76B | - | €553 | +€553 | |
| Recurring financial income | 75 | - | €553 | +€553 | |
| Financial charges | 65/66B | €4,835 | €6,775 | +€1,940 | +40.1% |
| Recurring financial charges | 65 | €4,835 | €6,775 | +€1,940 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €2,904 | -€22,355 | -€25,259 | |
| Income taxes | 67/77 | €2,890 | €2 | -€2,888 | -99.9% |
| Profit (loss) for the period | 9904 | €14 | -€22,357 | -€22,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €14 | -€22,357 | -€22,371 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.