WI'N'LOCKS: 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.
WI'N'LOCKS
Largest movements
- Tangible fixed assets -€31,154
down €31,154 (-6.6%), from €468,727 to €437,573
of which Land and buildings: -€17,689
- Receivables within one year -€24,175
down €24,175 (-17.3%), from €139,713 to €115,538
of which Other amounts receivable: -€20,011
- Cash +€16,424
up €16,424 (+19.9%), from €82,559 to €98,983
mainly Depreciation (+€31,154) and Receivables within one year (+€24,175)
- Profit (loss) carried forward -€40,464
down €40,464 (-14.7%), from -€275,002 to -€315,466
- Other debts +€10,654
up €10,654 (+37.5%), from €28,391 to €39,044
- Gross operating margin -€18,786
down €18,786 (-29.0%), from €64,763 to €45,977
- Financial charges +€8,910
up €8,910 (+37.7%), from €23,636 to €32,545
- Other operating charges +€920
up €920 (+4.2%), from €21,674 to €22,594
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €695,185 | €654,177 | -€41,008 | -5.9% |
| Fixed assets | 21/28 | €468,727 | €437,573 | -€31,154 | -6.6% |
| Tangible fixed assets | 22/27 | €468,727 | €437,573 | -€31,154 | -6.6% |
| Land and buildings | 22 | €432,422 | €414,734 | -€17,689 | -4.1% |
| Plant, machinery and equipment | 23 | €5,107 | €3,627 | -€1,480 | -29.0% |
| Furniture and vehicles | 24 | €31,198 | €19,213 | -€11,985 | -38.4% |
| Current assets | 29/58 | €226,458 | €216,604 | -€9,854 | -4.4% |
| Amounts receivable within one year | 40/41 | €139,713 | €115,538 | -€24,175 | -17.3% |
| Trade receivables | 40 | €69,702 | €65,538 | -€4,164 | -6.0% |
| Other amounts receivable | 41 | €70,011 | €50,000 | -€20,011 | -28.6% |
| Cash at bank and in hand | 54/58 | €82,559 | €98,983 | +€16,424 | +19.9% |
| Deferred charges and accrued income | 490/1 | €4,187 | €2,083 | -€2,104 | -50.2% |
| Total equity and liabilities | 10/49 | €695,185 | €654,177 | -€41,008 | -5.9% |
| Equity | 10/15 | €214,998 | €174,534 | -€40,464 | -18.8% |
| Contributions | 10/11 | €490,000 | €490,000 | = | 0.0% |
| Capital | 10 | €490,000 | €490,000 | = | 0.0% |
| Issued capital | 100 | €490,000 | €490,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€275,002 | -€315,466 | -€40,464 | -14.7% |
| Amounts payable | 17/49 | €480,188 | €479,643 | -€545 | -0.1% |
| Amounts payable after more than one year | 17 | €405,983 | €400,000 | -€5,983 | -1.5% |
| Financial debts | 170/4 | €405,983 | €400,000 | -€5,983 | -1.5% |
| Amounts payable within one year | 42/48 | €72,609 | €79,643 | +€7,034 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €8,860 | €5,983 | -€2,878 | -32.5% |
| Trade debts | 44 | €14,793 | €16,864 | +€2,071 | +14.0% |
| Suppliers | 440/4 | €14,793 | €16,864 | +€2,071 | +14.0% |
| Taxes, remuneration and social security | 45 | €20,565 | €17,752 | -€2,813 | -13.7% |
| Taxes | 450/3 | €20,565 | €17,752 | -€2,813 | -13.7% |
| Other amounts payable | 47/48 | €28,391 | €39,044 | +€10,654 | +37.5% |
| Accrued charges and deferred income | 492/3 | €1,596 | - | -€1,596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,995 | €31,154 | +€159 | +0.5% |
| Other operating charges | 640/8 | €21,674 | €22,594 | +€920 | +4.2% |
| Gross operating margin | 9900 | €64,763 | €45,977 | -€18,786 | -29.0% |
| Operating profit (loss) | 9901 | €12,093 | -€7,771 | -€19,864 | |
| Financial charges | 65/66B | €23,636 | €32,545 | +€8,910 | +37.7% |
| Recurring financial charges | 65 | €23,636 | €32,545 | +€8,910 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,543 | -€40,316 | -€28,773 | -249.3% |
| Income taxes | 67/77 | €155 | €147 | -€7 | -4.7% |
| Profit (loss) for the period | 9904 | -€11,697 | -€40,464 | -€28,766 | -245.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,697 | -€40,464 | -€28,766 | -245.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.