MARC VAN DE WINKEL: what changed
MARC VAN DE WINKEL
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€939
down €939 (-3.0%), from -€31,529 to -€32,468
- Short-term financial debts +€652
up €652 (+48.9%), from €1,335 to €1,987
- Other debts +€330
up €330 (+3.8%), from €8,655 to €8,985
- Trade debts -€44
down €44 (-9.8%), from €443 to €400
- Gross operating margin +€361
up €361 (+84.6%), from -€427 to -€66
- Other operating charges -€44
down €44 (-9.8%), from €443 to €400
- Financial charges +€30
up €30 (+6.9%), from €443 to €473
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25 | €25 | = | 0.0% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Total equity and liabilities | 10/49 | €25 | €25 | = | 0.0% |
| Equity | 10/15 | -€10,408 | -€11,347 | -€939 | -9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,522 | €2,522 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €662 | €662 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,529 | -€32,468 | -€939 | -3.0% |
| Amounts payable | 17/49 | €10,433 | €11,372 | +€939 | +9.0% |
| Amounts payable within one year | 42/48 | €10,433 | €11,372 | +€939 | +9.0% |
| Financial debts | 43 | €1,335 | €1,987 | +€652 | +48.9% |
| Credit institutions | 430/8 | €1,335 | €1,987 | +€652 | +48.9% |
| Trade debts | 44 | €443 | €400 | -€44 | -9.8% |
| Suppliers | 440/4 | €443 | €400 | -€44 | -9.8% |
| Other amounts payable | 47/48 | €8,655 | €8,985 | +€330 | +3.8% |
| Other operating charges | 640/8 | €443 | €400 | -€44 | -9.8% |
| Gross operating margin | 9900 | -€427 | -€66 | +€361 | +84.6% |
| Operating profit (loss) | 9901 | -€870 | -€465 | +€405 | +46.5% |
| Financial charges | 65/66B | €443 | €473 | +€30 | +6.9% |
| Recurring financial charges | 65 | €443 | €473 | +€30 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,313 | -€939 | +€374 | +28.5% |
| Profit (loss) for the period | 9904 | -€1,313 | -€939 | +€374 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,313 | -€939 | +€374 | +28.5% |
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 8 November 2026 via checked.be.