WIJNKASTEEL: what changed
What changed
WIJNKASTEEL
NACE 01.210, Crop and animal production, hunting and related service activities
filed annual accounts (NBB)
Net result for the year
€226,737
2024 · €161,306+€65,431
Equity
€1.8m
2024 · €1.6m+€226,737
Cash
€568,171
2024 · €334,681+€233,490
Balance sheet total
€2.3m
2024 · €2.1m+€172,759
Largest movements
Assets
- Cash +€233,490
up €233,490 (+69.8%), from €334,681 to €568,171
mainly Net result for the year (+€226,737) and Depreciation (+€141,024)
- Tangible fixed assets -€58,576
down €58,576 (-7.8%), from €750,340 to €691,764
of which Plant, machinery and equipment: -€58,274
- Stocks and contracts +€29,909
up €29,909 (+3.7%), from €812,424 to €842,333
Equity and liabilities
- Profit (loss) carried forward +€226,737
up €226,737 (+81.9%), from -€276,816 to -€50,079
- Debts after one year -€45,000
down €45,000 (-13.0%), from €345,000 to €300,000
- Trade debts -€34,827
down €34,827 (-59.4%), from €58,608 to €23,781
- Tax, wage and social debts +€29,458
up €29,458 (+47.4%), from €62,150 to €91,608
of which Taxes: +€42,073
Income statement
- Gross operating margin +€174,123
up €174,123 (+21.1%), from €825,464 to €999,587
- Staff costs +€61,976
up €61,976 (+14.6%), from €425,892 to €487,868
- Taxes +€43,264
new in 2025: €43,264
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
€161,306
Gross operating margin
+€174,123
Staff costs
-€61,976
Depreciation
-€4,729
Other operating charges
+€5,056
Financial income
-€2,258
Financial charges
-€1,521
Taxes
-€43,264
Result 2025
€226,737
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
+€339,953
Investment
-€61,463
Financing
-€45,000
Cash 2024
€334,681
From operations (derived)
+€339,953
Net result for the year
+€226,737
Depreciation
+€141,024
Stocks and contracts
-€29,909
Receivables within one year
+€14,436
Deferred charges and accrued income
-€3,357
Trade debts
-€34,827
Tax, wage and social debts
+€29,458
Other debts
-€3,609
Investment (derived)
-€61,463
Investment in fixed assets (net)
-€61,463
Financing
-€45,000
Debts after one year
-€45,000
Cash 2025
€568,171
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,099,626 | €2,272,385 | +€172,759 | +8.2% |
| Fixed assets | 21/28 | €801,109 | €721,548 | -€79,561 | -9.9% |
| Intangible fixed assets | 21 | €19,497 | €14,329 | -€5,168 | -26.5% |
| Tangible fixed assets | 22/27 | €750,340 | €691,764 | -€58,576 | -7.8% |
| Land and buildings | 22 | €454,542 | €439,028 | -€15,514 | -3.4% |
| Plant, machinery and equipment | 23 | €235,689 | €177,415 | -€58,274 | -24.7% |
| Furniture and vehicles | 24 | €51,848 | €52,661 | +€813 | +1.6% |
| Other tangible fixed assets | 26 | €8,261 | €22,660 | +€14,399 | +174% |
| Financial fixed assets | 28 | €31,272 | €15,455 | -€15,817 | -50.6% |
| Current assets | 29/58 | €1,298,517 | €1,550,837 | +€252,320 | +19.4% |
| Stocks and contracts in progress | 3 | €812,424 | €842,333 | +€29,909 | +3.7% |
| Stocks | 30/36 | €812,424 | €842,333 | +€29,909 | +3.7% |
| Amounts receivable within one year | 40/41 | €144,284 | €129,848 | -€14,436 | -10.0% |
| Trade receivables | 40 | €137,871 | €123,435 | -€14,436 | -10.5% |
| Other amounts receivable | 41 | €6,413 | €6,413 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €334,681 | €568,171 | +€233,490 | +69.8% |
| Deferred charges and accrued income | 490/1 | €7,128 | €10,485 | +€3,357 | +47.1% |
| Total equity and liabilities | 10/49 | €2,099,626 | €2,272,385 | +€172,759 | +8.2% |
| Equity | 10/15 | €1,623,184 | €1,849,921 | +€226,737 | +14.0% |
| Contributions | 10/11 | €1,900,000 | €1,900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,816 | -€50,079 | +€226,737 | +81.9% |
| Amounts payable | 17/49 | €476,442 | €422,464 | -€53,978 | -11.3% |
| Amounts payable after more than one year | 17 | €345,000 | €300,000 | -€45,000 | -13.0% |
| Other amounts payable | 178/9 | €345,000 | €300,000 | -€45,000 | -13.0% |
| Amounts payable within one year | 42/48 | €131,442 | €122,464 | -€8,978 | -6.8% |
| Trade debts | 44 | €58,608 | €23,781 | -€34,827 | -59.4% |
| Suppliers | 440/4 | €58,608 | €23,781 | -€34,827 | -59.4% |
| Taxes, remuneration and social security | 45 | €62,150 | €91,608 | +€29,458 | +47.4% |
| Taxes | 450/3 | €25,128 | €67,201 | +€42,073 | +167% |
| Remuneration and social security | 454/9 | €37,022 | €24,407 | -€12,615 | -34.1% |
| Other amounts payable | 47/48 | €10,684 | €7,075 | -€3,609 | -33.8% |
| Remuneration, social security and pensions | 62 | €425,892 | €487,868 | +€61,976 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,295 | €141,024 | +€4,729 | +3.5% |
| Other operating charges | 640/8 | €95,216 | €90,160 | -€5,056 | -5.3% |
| Gross operating margin | 9900 | €825,464 | €999,587 | +€174,123 | +21.1% |
| Operating profit (loss) | 9901 | €168,061 | €280,535 | +€112,474 | +66.9% |
| Financial income | 75/76B | €2,481 | €223 | -€2,258 | -91.0% |
| Recurring financial income | 75 | €1 | €223 | +€222 | +22,200% |
| Non-recurring financial income | 76B | €2,480 | - | -€2,480 | |
| Financial charges | 65/66B | €9,236 | €10,757 | +€1,521 | +16.5% |
| Recurring financial charges | 65 | €9,236 | €10,757 | +€1,521 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €161,306 | €270,001 | +€108,695 | +67.4% |
| Income taxes | 67/77 | - | €43,264 | +€43,264 | |
| Profit (loss) for the period | 9904 | €161,306 | €226,737 | +€65,431 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €161,306 | €226,737 | +€65,431 | +40.6% |
Next steps
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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 3 November 2026 via checked.be.