DE WINTER ELECTRO: 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 WINTER ELECTRO
Largest movements
- Cash +€9,749
up €9,749 (+25.6%), from €38,116 to €47,864
mainly Other debts (+€22,019) and Net result for the year (+€8,014)
- Stocks and contracts -€4,650
down €4,650 (-13.2%), from €35,208 to €30,558
of which Contracts in progress: -€3,800
- Receivables within one year +€2,643
up €2,643 (+17.1%), from €15,427 to €18,069
of which Trade receivables: +€3,223
- Tangible fixed assets -€1,689
down €1,689 (-18.1%), from €9,317 to €7,628
of which Other tangible fixed assets: -€1,501
- Deferred charges and accrued income -€1,473
down €1,473 (-24.5%), from €6,010 to €4,537
- Other debts +€22,019
up €22,019 (+70.2%), from €31,354 to €53,373
- Profit (loss) carried forward -€11,986
down €11,986 (-21.3%), from €56,266 to €44,279
- Trade debts -€5,430
down €5,430 (-48.6%), from €11,180 to €5,751
- Gross operating margin +€4,932
up €4,932 (+57.9%), from €8,522 to €13,454
- Depreciation -€2,098
down €2,098 (-55.4%), from €3,787 to €1,689
- Other operating charges -€1,041
down €1,041 (-53.7%), from €1,938 to €897
- Taxes +€944
new in 2025: €944
- Financial income -€444
down €444 (-28.5%), from €1,558 to €1,113
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 | €104,077 | €108,656 | +€4,579 | +4.4% |
| Fixed assets | 21/28 | €9,317 | €7,628 | -€1,689 | -18.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €9,317 | €7,628 | -€1,689 | -18.1% |
| Plant, machinery and equipment | 23 | €258 | €70 | -€188 | -72.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €9,059 | €7,558 | -€1,501 | -16.6% |
| Current assets | 29/58 | €94,760 | €101,028 | +€6,268 | +6.6% |
| Stocks and contracts in progress | 3 | €35,208 | €30,558 | -€4,650 | -13.2% |
| Stocks | 30/36 | €2,208 | €1,358 | -€850 | -38.5% |
| Contracts in progress | 37 | €33,000 | €29,200 | -€3,800 | -11.5% |
| Amounts receivable within one year | 40/41 | €15,427 | €18,069 | +€2,643 | +17.1% |
| Trade receivables | 40 | €8,517 | €11,740 | +€3,223 | +37.8% |
| Other amounts receivable | 41 | €6,910 | €6,329 | -€581 | -8.4% |
| Cash at bank and in hand | 54/58 | €38,116 | €47,864 | +€9,749 | +25.6% |
| Deferred charges and accrued income | 490/1 | €6,010 | €4,537 | -€1,473 | -24.5% |
| Total equity and liabilities | 10/49 | €104,077 | €108,656 | +€4,579 | +4.4% |
| Equity | 10/15 | €59,266 | €47,279 | -€11,986 | -20.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,266 | €44,279 | -€11,986 | -21.3% |
| Amounts payable | 17/49 | €44,811 | €61,377 | +€16,566 | +37.0% |
| Amounts payable within one year | 42/48 | €42,534 | €59,123 | +€16,589 | +39.0% |
| Trade debts | 44 | €11,180 | €5,751 | -€5,430 | -48.6% |
| Suppliers | 440/4 | €11,180 | €5,751 | -€5,430 | -48.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,354 | €53,373 | +€22,019 | +70.2% |
| Accrued charges and deferred income | 492/3 | €2,277 | €2,253 | -€23 | -1.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,787 | €1,689 | -€2,098 | -55.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,938 | €897 | -€1,041 | -53.7% |
| Gross operating margin | 9900 | €8,522 | €13,454 | +€4,932 | +57.9% |
| Operating profit (loss) | 9901 | €2,797 | €10,867 | +€8,071 | +289% |
| Financial income | 75/76B | €1,558 | €1,113 | -€444 | -28.5% |
| Recurring financial income | 75 | €1,558 | €1,113 | -€444 | -28.5% |
| Financial charges | 65/66B | €3,309 | €3,024 | -€285 | -8.6% |
| Recurring financial charges | 65 | €3,309 | €3,024 | -€285 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €1,045 | €8,957 | +€7,912 | +757% |
| Income taxes | 67/77 | - | €944 | +€944 | |
| Profit (loss) for the period | 9904 | €1,045 | €8,014 | +€6,968 | +667% |
| Profit (loss) for the period to be appropriated | 9905 | €1,045 | €8,014 | +€6,968 | +667% |
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 16 October 2026 via checked.be.