'T WINKELTJE: what changed
What changed
'T WINKELTJE
NACE 47.621, Retail sale of newspapers and periodicals
filed annual accounts (NBB)
Net result for the year
€6,082
2024 · €3,001+€3,081
Equity
€52,408
2024 · €47,185+€5,223
Cash
€5,739
2024 · €2,909+€2,830
Balance sheet total
€107,758
2024 · €113,972-€6,214
Largest movements
Assets
- Tangible fixed assets -€10,505
down €10,505 (-25.0%), from €42,031 to €31,527
of which Furniture and vehicles: -€8,692
- Receivables within one year +€3,517
up €3,517 (+12.6%), from €27,830 to €31,347
- Cash +€2,830
up €2,830 (+97.3%), from €2,909 to €5,739
mainly Depreciation (+€11,062) and Net result for the year (+€6,082)
- Stocks and contracts -€2,167
down €2,167 (-9.1%), from €23,801 to €21,634
Equity and liabilities
- Debts after one year -€6,907
down €6,907 (-29.2%), from €23,643 to €16,737
- Reserves +€6,082
up €6,082 (+15.4%), from €39,539 to €45,621
of which Distributable reserves: +€6,082
- Trade debts -€4,400
down €4,400 (-13.2%), from €33,277 to €28,877
Income statement
- Gross operating margin +€4,790
up €4,790 (+19.9%), from €24,108 to €28,898
- Taxes +€1,918
up €1,918 (+870%), from €220 to €2,139
- Staff costs -€1,156
down €1,156 (-14.8%), from €7,790 to €6,634
- Depreciation +€877
up €877 (+8.6%), from €10,184 to €11,062
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.
Result 2024
€3,001
Gross operating margin
+€4,790
Staff costs
+€1,156
Depreciation
-€877
Other operating charges
+€30
Financial income
+€3
Financial charges
-€102
Taxes
-€1,918
Result 2025
€6,082
raises the resultlowers the result
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.
From operations
+€10,826
Investment
-€537
Financing
-€7,459
Cash 2024
€2,909
From operations (derived)
+€10,826
Net result for the year
+€6,082
Depreciation
+€11,062
Stocks and contracts
+€2,167
Receivables within one year
-€3,517
Deferred charges and accrued income
-€130
Trade debts
-€4,400
Tax, wage and social debts
-€463
Other debts
+€26
Investment (derived)
-€537
Investment in fixed assets (net)
-€557
Current investments
+€20
Financing
-€7,459
Debts after one year
-€6,907
Current portion of long-term debt
+€307
Contributions, distributions and other
-€859
Cash 2025
€5,739
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,972 | €107,758 | -€6,214 | -5.5% |
| Fixed assets | 21/28 | €51,927 | €41,423 | -€10,505 | -20.2% |
| Tangible fixed assets | 22/27 | €42,031 | €31,527 | -€10,505 | -25.0% |
| Land and buildings | 22 | €3,183 | €2,616 | -€567 | -17.8% |
| Plant, machinery and equipment | 23 | €3,247 | €2,001 | -€1,246 | -38.4% |
| Furniture and vehicles | 24 | €35,602 | €26,910 | -€8,692 | -24.4% |
| Financial fixed assets | 28 | €9,896 | €9,896 | = | 0.0% |
| Current assets | 29/58 | €62,045 | €66,336 | +€4,291 | +6.9% |
| Stocks and contracts in progress | 3 | €23,801 | €21,634 | -€2,167 | -9.1% |
| Stocks | 30/36 | €23,801 | €21,634 | -€2,167 | -9.1% |
| Amounts receivable within one year | 40/41 | €27,830 | €31,347 | +€3,517 | +12.6% |
| Other amounts receivable | 41 | €27,830 | €31,347 | +€3,517 | +12.6% |
| Current investments | 50/53 | €5,564 | €5,544 | -€20 | -0.4% |
| Cash at bank and in hand | 54/58 | €2,909 | €5,739 | +€2,830 | +97.3% |
| Deferred charges and accrued income | 490/1 | €1,940 | €2,071 | +€130 | +6.7% |
| Total equity and liabilities | 10/49 | €113,972 | €107,758 | -€6,214 | -5.5% |
| Equity | 10/15 | €47,185 | €52,408 | +€5,223 | +11.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €39,539 | €45,621 | +€6,082 | +15.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,679 | €43,761 | +€6,082 | +16.1% |
| Profit (loss) carried forward | 14 | €1,448 | €589 | -€859 | -59.3% |
| Amounts payable | 17/49 | €66,787 | €55,350 | -€11,437 | -17.1% |
| Amounts payable after more than one year | 17 | €23,643 | €16,737 | -€6,907 | -29.2% |
| Financial debts | 170/4 | €23,643 | €16,737 | -€6,907 | -29.2% |
| Amounts payable within one year | 42/48 | €43,144 | €38,614 | -€4,530 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €6,600 | €6,907 | +€307 | +4.6% |
| Trade debts | 44 | €33,277 | €28,877 | -€4,400 | -13.2% |
| Suppliers | 440/4 | €33,277 | €28,877 | -€4,400 | -13.2% |
| Taxes, remuneration and social security | 45 | €2,434 | €1,971 | -€463 | -19.0% |
| Taxes | 450/3 | €428 | €17 | -€411 | -96.0% |
| Remuneration and social security | 454/9 | €2,006 | €1,954 | -€52 | -2.6% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Non-recurring operating income | 76A | €12,576 | - | -€12,576 | |
| Remuneration, social security and pensions | 62 | €7,790 | €6,634 | -€1,156 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,184 | €11,062 | +€877 | +8.6% |
| Other operating charges | 640/8 | €1,062 | €1,032 | -€30 | -2.8% |
| Gross operating margin | 9900 | €24,108 | €28,898 | +€4,790 | +19.9% |
| Operating profit (loss) | 9901 | €5,072 | €10,171 | +€5,099 | +101% |
| Financial income | 75/76B | €30 | €33 | +€3 | +10.4% |
| Recurring financial income | 75 | €30 | €33 | +€3 | +10.4% |
| Financial charges | 65/66B | €1,880 | €1,983 | +€102 | +5.4% |
| Recurring financial charges | 65 | €1,880 | €1,983 | +€102 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €3,221 | €8,221 | +€5,000 | +155% |
| Income taxes | 67/77 | €220 | €2,139 | +€1,918 | +870% |
| Profit (loss) for the period | 9904 | €3,001 | €6,082 | +€3,081 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €3,001 | €6,082 | +€3,081 | +103% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.