WIN: 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.
WIN
Largest movements
- Stocks and contracts +€6,325
up €6,325 (+10.5%), from €60,374 to €66,698
- Tangible fixed assets -€2,383
down €2,383 (-42.1%), from €5,654 to €3,271
- Cash -€1,550
down €1,550 (-12.3%), from €12,647 to €11,097
mainly Stocks and contracts (-€6,325) and Tax, wage and social debts (-€3,856)
- Trade debts +€5,452
up €5,452 (+22.3%), from €24,462 to €29,914
- Tax, wage and social debts -€3,856
down €3,856 (-37.3%), from €10,341 to €6,485
of which Taxes: -€3,510
- Debts after one year -€2,396
down €2,396 (-15.9%), from €15,103 to €12,707
- Other debts +€1,679
new in 2025: €1,679
- Purchases and services -€240,366
down €240,366 (-41.2%), from €583,019 to €342,653
- Turnover -€234,444
down €234,444 (-41.1%), from €570,555 to €336,112
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.
Cash bridge derived
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 | €93,401 | €95,088 | +€1,687 | +1.8% |
| Fixed assets | 21/28 | €17,642 | €15,259 | -€2,383 | -13.5% |
| Tangible fixed assets | 22/27 | €5,654 | €3,271 | -€2,383 | -42.1% |
| Furniture and vehicles | 24 | €5,654 | €3,271 | -€2,383 | -42.1% |
| Financial fixed assets | 28 | €11,988 | €11,988 | = | 0.0% |
| Current assets | 29/58 | €75,759 | €79,829 | +€4,070 | +5.4% |
| Stocks and contracts in progress | 3 | €60,374 | €66,698 | +€6,325 | +10.5% |
| Stocks | 30/36 | €60,374 | €66,698 | +€6,325 | +10.5% |
| Amounts receivable within one year | 40/41 | €2,362 | €1,550 | -€812 | -34.4% |
| Other amounts receivable | 41 | €2,362 | €1,550 | -€812 | -34.4% |
| Cash at bank and in hand | 54/58 | €12,647 | €11,097 | -€1,550 | -12.3% |
| Deferred charges and accrued income | 490/1 | €377 | €484 | +€107 | +28.5% |
| Total equity and liabilities | 10/49 | €93,401 | €95,088 | +€1,687 | +1.8% |
| Equity | 10/15 | €43,495 | €44,303 | +€808 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,342 | €3,342 | = | 0.0% |
| Non-distributable reserves | 130/1 | €369 | €369 | = | 0.0% |
| Reserves not available under the articles | 1311 | €369 | €369 | = | 0.0% |
| Distributable reserves | 133 | €2,973 | €2,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,554 | €22,362 | +€808 | +3.7% |
| Amounts payable | 17/49 | €49,906 | €50,785 | +€879 | +1.8% |
| Amounts payable after more than one year | 17 | €15,103 | €12,707 | -€2,396 | -15.9% |
| Financial debts | 170/4 | €15,103 | €12,707 | -€2,396 | -15.9% |
| Amounts payable within one year | 42/48 | €34,803 | €38,078 | +€3,275 | +9.4% |
| Trade debts | 44 | €24,462 | €29,914 | +€5,452 | +22.3% |
| Suppliers | 440/4 | €24,462 | €29,914 | +€5,452 | +22.3% |
| Taxes, remuneration and social security | 45 | €10,341 | €6,485 | -€3,856 | -37.3% |
| Taxes | 450/3 | €6,801 | €3,291 | -€3,510 | -51.6% |
| Remuneration and social security | 454/9 | €3,540 | €3,194 | -€346 | -9.8% |
| Other amounts payable | 47/48 | - | €1,679 | +€1,679 | |
| Turnover | 70 | €570,555 | €336,112 | -€234,444 | -41.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €583,019 | €342,653 | -€240,366 | -41.2% |
| Remuneration, social security and pensions | 62 | - | €3,599 | +€3,599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,495 | €2,383 | +€888 | +59.4% |
| Other operating charges | 640/8 | €2,851 | €3,511 | +€659 | +23.1% |
| Gross operating margin | 9900 | €17,947 | €13,291 | -€4,655 | -25.9% |
| Operating profit (loss) | 9901 | €13,601 | €3,799 | -€9,802 | -72.1% |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Financial charges | 65/66B | €5,780 | €2,910 | -€2,870 | -49.7% |
| Recurring financial charges | 65 | €5,780 | €2,910 | -€2,870 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €7,820 | €1,010 | -€6,811 | -87.1% |
| Income taxes | 67/77 | €1,564 | €202 | -€1,362 | -87.1% |
| Profit (loss) for the period | 9904 | €6,256 | €808 | -€5,448 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,256 | €808 | -€5,448 | -87.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.