HANDELSONDERNEMING WINTERS: what changed
Two fiscal 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.
HANDELSONDERNEMING WINTERS
Largest movements
- Receivables within one year -€13,113
down €13,113 (-17.1%), from €76,743 to €63,631
of which Other amounts receivable: -€23,690
- Tangible fixed assets -€7,776
down €7,776 (-4.0%), from €195,469 to €187,693
of which Land and buildings: -€21,269
- Trade debts +€18,454
up €18,454 (+18.7%), from €98,450 to €116,904
- Current portion of long-term debt -€11,340
down €11,340 (-100.0%), from €11,340 to €0
- Tax, wage and social debts -€11,173
down €11,173 (-32.4%), from €34,492 to €23,320
of which Remuneration and social security: -€8,628
- Financial income +€5,894
up €5,894 (+750.3%), from €786 to €6,680
of which Non-recurring financial income: +€6,522
- Staff costs +€5,411
up €5,411 (+5.7%), from €95,541 to €100,952
- Gross operating margin -€2,627
down €2,627 (-1.8%), from €149,493 to €146,867
- Depreciation +€2,317
up €2,317 (+8.1%), from €28,649 to €30,966
- Taxes -€1,636
down €1,636 (-44.7%), from €3,660 to €2,025
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.
Cash bridge derived
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 | €753,269 | €744,974 | -€8,295 | -1.1% |
| Fixed assets | 21/28 | €195,469 | €187,693 | -€7,776 | -4.0% |
| Tangible fixed assets | 22/27 | €195,469 | €187,693 | -€7,776 | -4.0% |
| Land and buildings | 22 | €174,505 | €153,236 | -€21,269 | -12.2% |
| Plant, machinery and equipment | 23 | €7,469 | €13,395 | +€5,926 | +79.3% |
| Furniture and vehicles | 24 | €13,496 | €21,062 | +€7,566 | +56.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €557,800 | €557,281 | -€519 | -0.1% |
| Stocks and contracts in progress | 3 | €464,389 | €469,271 | +€4,882 | +1.1% |
| Stocks | 30/36 | €464,389 | €469,271 | +€4,882 | +1.1% |
| Amounts receivable within one year | 40/41 | €76,743 | €63,631 | -€13,113 | -17.1% |
| Trade receivables | 40 | €45,964 | €56,542 | +€10,578 | +23.0% |
| Other amounts receivable | 41 | €30,779 | €7,089 | -€23,690 | -77.0% |
| Cash at bank and in hand | 54/58 | €12,685 | €17,871 | +€5,185 | +40.9% |
| Deferred charges and accrued income | 490/1 | €3,982 | €6,508 | +€2,526 | +63.4% |
| Total equity and liabilities | 10/49 | €753,269 | €744,974 | -€8,295 | -1.1% |
| Equity | 10/15 | €241,283 | €244,572 | +€3,289 | +1.4% |
| Contributions | 10/11 | €50,126 | €50,126 | = | 0.0% |
| Reserves | 13 | €191,157 | €194,446 | +€3,289 | +1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €191,157 | €194,446 | +€3,289 | +1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €511,986 | €500,402 | -€11,584 | -2.3% |
| Amounts payable after more than one year | 17 | €355,000 | €355,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Other amounts payable | 178/9 | €105,000 | €105,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €156,986 | €145,402 | -€11,584 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €11,340 | €0 | -€11,340 | -100.0% |
| Trade debts | 44 | €98,450 | €116,904 | +€18,454 | +18.7% |
| Suppliers | 440/4 | €98,450 | €116,904 | +€18,454 | +18.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €34,492 | €23,320 | -€11,173 | -32.4% |
| Taxes | 450/3 | €9,415 | €6,870 | -€2,545 | -27.0% |
| Remuneration and social security | 454/9 | €25,077 | €16,450 | -€8,628 | -34.4% |
| Other amounts payable | 47/48 | €12,704 | €5,178 | -€7,526 | -59.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €95,541 | €100,952 | +€5,411 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,649 | €30,966 | +€2,317 | +8.1% |
| Other operating charges | 640/8 | €2,474 | €1,648 | -€826 | -33.4% |
| Gross operating margin | 9900 | €149,493 | €146,867 | -€2,627 | -1.8% |
| Operating profit (loss) | 9901 | €22,829 | €13,300 | -€9,529 | -41.7% |
| Financial income | 75/76B | €786 | €6,680 | +€5,894 | +750.3% |
| Recurring financial income | 75 | €786 | €158 | -€628 | -79.9% |
| Non-recurring financial income | 76B | - | €6,522 | +€6,522 | |
| Financial charges | 65/66B | €13,626 | €14,667 | +€1,040 | +7.6% |
| Recurring financial charges | 65 | €13,626 | €14,667 | +€1,040 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €9,988 | €5,314 | -€4,675 | -46.8% |
| Income taxes | 67/77 | €3,660 | €2,025 | -€1,636 | -44.7% |
| Profit (loss) for the period | 9904 | €6,328 | €3,289 | -€3,039 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,328 | €3,289 | -€3,039 | -48.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.