HET WINGHEHOF: 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.
HET WINGHEHOF
Largest movements
- Receivables within one year -€42,924
down €42,924 (-38.6%), from €111,190 to €68,266
of which Other amounts receivable: -€41,606
- Cash +€24,385
up €24,385 (+195%), from €12,489 to €36,874
mainly Receivables within one year (+€42,924) and Trade debts (+€12,118)
- Tangible fixed assets -€4,949
down €4,949 (-1.8%), from €272,686 to €267,737
of which Land and buildings: -€3,531
- Other debts -€23,604
down €23,604 (-94.6%), from €24,943 to €1,339
- Accrued charges and deferred income -€13,000
down €13,000 (-9.8%), from €133,000 to €120,000
- Trade debts +€12,118
up €12,118 (+94.3%), from €12,856 to €24,974
- Profit (loss) carried forward +€8,804
up €8,804 (+25.5%), from -€34,481 to -€25,678
- Debts after one year -€8,104
down €8,104 (-5.9%), from €136,530 to €128,425
- Gross operating margin +€25,496
up €25,496, from -€2,029 to €23,466
- Other operating charges -€1,055
down €1,055 (-19.7%), from €5,369 to €4,313
- Depreciation +€437
up €437 (+9.7%), from €4,512 to €4,949
- Financial charges +€382
up €382 (+7.6%), from €5,019 to €5,401
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 | €396,365 | €372,877 | -€23,488 | -5.9% |
| Fixed assets | 21/28 | €272,686 | €267,737 | -€4,949 | -1.8% |
| Tangible fixed assets | 22/27 | €272,686 | €267,737 | -€4,949 | -1.8% |
| Land and buildings | 22 | €269,803 | €266,272 | -€3,531 | -1.3% |
| Plant, machinery and equipment | 23 | €2,883 | €1,465 | -€1,418 | -49.2% |
| Current assets | 29/58 | €123,679 | €105,140 | -€18,539 | -15.0% |
| Amounts receivable within one year | 40/41 | €111,190 | €68,266 | -€42,924 | -38.6% |
| Trade receivables | 40 | €5,981 | €4,662 | -€1,319 | -22.1% |
| Other amounts receivable | 41 | €105,210 | €63,604 | -€41,606 | -39.5% |
| Cash at bank and in hand | 54/58 | €12,489 | €36,874 | +€24,385 | +195% |
| Total equity and liabilities | 10/49 | €396,365 | €372,877 | -€23,488 | -5.9% |
| Equity | 10/15 | €81,231 | €90,034 | +€8,804 | +10.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €54,212 | €54,212 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54,212 | €54,212 | = | 0.0% |
| Legal reserve | 130 | €54,212 | €54,212 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,481 | -€25,678 | +€8,804 | +25.5% |
| Amounts payable | 17/49 | €315,134 | €282,843 | -€32,292 | -10.2% |
| Amounts payable after more than one year | 17 | €136,530 | €128,425 | -€8,104 | -5.9% |
| Financial debts | 170/4 | €136,530 | €128,425 | -€8,104 | -5.9% |
| Amounts payable within one year | 42/48 | €45,605 | €34,417 | -€11,187 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €7,806 | €8,104 | +€299 | +3.8% |
| Trade debts | 44 | €12,856 | €24,974 | +€12,118 | +94.3% |
| Suppliers | 440/4 | €12,856 | €24,974 | +€12,118 | +94.3% |
| Other amounts payable | 47/48 | €24,943 | €1,339 | -€23,604 | -94.6% |
| Accrued charges and deferred income | 492/3 | €133,000 | €120,000 | -€13,000 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,512 | €4,949 | +€437 | +9.7% |
| Other operating charges | 640/8 | €5,369 | €4,313 | -€1,055 | -19.7% |
| Gross operating margin | 9900 | -€2,029 | €23,466 | +€25,496 | |
| Operating profit (loss) | 9901 | -€11,910 | €14,204 | +€26,114 | |
| Financial charges | 65/66B | €5,019 | €5,401 | +€382 | +7.6% |
| Recurring financial charges | 65 | €5,019 | €5,401 | +€382 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,929 | €8,804 | +€25,733 | |
| Profit (loss) for the period | 9904 | -€16,929 | €8,804 | +€25,733 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,929 | €8,804 | +€25,733 |
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 13 October 2026 via checked.be.