De Winter Bob: what changed
De Winter Bob
Largest movements
- Cash +€29,083
up €29,083 (+40.6%), from €71,581 to €100,664
mainly Other debts (+€114,509) and Net result for the year (+€39,013)
- Tangible fixed assets -€18,759
down €18,759 (-22.5%), from €83,388 to €64,629
of which Furniture and vehicles: -€17,510
- Receivables within one year -€4,467
down €4,467 (-16.2%), from €27,494 to €23,027
of which Other amounts receivable: -€9,832
- Other debts +€114,509
up €114,509 (+993%), from €11,529 to €126,038
- Profit (loss) carried forward -€94,517
no longer reported in 2025 (was €94,517)
- Debts after one year -€15,598
down €15,598 (-30.3%), from €51,504 to €35,907
- Tax, wage and social debts +€5,852
up €5,852 (+279%), from €2,100 to €7,952
- Trade debts -€5,108
no longer reported in 2025 (was €5,108)
- Gross operating margin +€17,869
up €17,869 (+33.3%), from €53,722 to €71,591
- Taxes +€4,871
up €4,871 (+75.6%), from €6,440 to €11,310
- Depreciation +€2,344
up €2,344 (+14.3%), from €16,415 to €18,759
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 | €182,772 | €188,494 | +€5,723 | +3.1% |
| Fixed assets | 21/28 | €83,388 | €64,629 | -€18,759 | -22.5% |
| Tangible fixed assets | 22/27 | €83,388 | €64,629 | -€18,759 | -22.5% |
| Furniture and vehicles | 24 | €72,384 | €54,874 | -€17,510 | -24.2% |
| Other tangible fixed assets | 26 | €11,004 | €9,755 | -€1,249 | -11.4% |
| Current assets | 29/58 | €99,384 | €123,866 | +€24,482 | +24.6% |
| Amounts receivable within one year | 40/41 | €27,494 | €23,027 | -€4,467 | -16.2% |
| Trade receivables | 40 | €9,275 | €14,640 | +€5,365 | +57.8% |
| Other amounts receivable | 41 | €18,219 | €8,388 | -€9,832 | -54.0% |
| Cash at bank and in hand | 54/58 | €71,581 | €100,664 | +€29,083 | +40.6% |
| Deferred charges and accrued income | 490/1 | €309 | €174 | -€135 | -43.6% |
| Total equity and liabilities | 10/49 | €182,772 | €188,494 | +€5,723 | +3.1% |
| Equity | 10/15 | €97,517 | €3,000 | -€94,517 | -96.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,517 | - | -€94,517 | |
| Amounts payable | 17/49 | €85,255 | €185,494 | +€100,239 | +118% |
| Amounts payable after more than one year | 17 | €51,504 | €35,907 | -€15,598 | -30.3% |
| Financial debts | 170/4 | €51,504 | €35,907 | -€15,598 | -30.3% |
| Amounts payable within one year | 42/48 | €33,751 | €149,588 | +€115,837 | +343% |
| Current portion of amounts payable after more than one year | 42 | €15,014 | €15,598 | +€584 | +3.9% |
| Trade debts | 44 | €5,108 | - | -€5,108 | |
| Suppliers | 440/4 | €5,108 | - | -€5,108 | |
| Taxes, remuneration and social security | 45 | €2,100 | €7,952 | +€5,852 | +279% |
| Taxes | 450/3 | €2,100 | €7,952 | +€5,852 | +279% |
| Other amounts payable | 47/48 | €11,529 | €126,038 | +€114,509 | +993% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,415 | €18,759 | +€2,344 | +14.3% |
| Other operating charges | 640/8 | €1,317 | €929 | -€388 | -29.5% |
| Gross operating margin | 9900 | €53,722 | €71,591 | +€17,869 | +33.3% |
| Operating profit (loss) | 9901 | €35,990 | €51,903 | +€15,913 | +44.2% |
| Financial income | 75/76B | €1,166 | €857 | -€309 | -26.5% |
| Recurring financial income | 75 | €1,166 | €857 | -€309 | -26.5% |
| Financial charges | 65/66B | €2,502 | €2,436 | -€65 | -2.6% |
| Recurring financial charges | 65 | €2,502 | €2,436 | -€65 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €34,654 | €50,324 | +€15,669 | +45.2% |
| Income taxes | 67/77 | €6,440 | €11,310 | +€4,871 | +75.6% |
| Profit (loss) for the period | 9904 | €28,215 | €39,013 | +€10,799 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,215 | €39,013 | +€10,799 | +38.3% |
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 3 November 2026 via checked.be.