WIN CO: what changed
Two financial 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 CO
Largest movements
- Cash -€21,565
down €21,565 (-62.1%), from €34,724 to €13,159
mainly Net result for the year (-€66,325) and Tax, wage and social debts (-€15,179)
- Receivables within one year -€21,231
down €21,231 (-24.1%), from €88,026 to €66,796
of which Trade receivables: -€21,570
- Tangible fixed assets -€9,312
down €9,312 (-25.1%), from €37,087 to €27,775
of which Land and buildings: -€7,104
- Profit (loss) carried forward -€66,325
down €66,325 (-87.1%), from €76,167 to €9,842
- Other debts +€22,053
up €22,053 (+2,698%), from €818 to €22,871
- Tax, wage and social debts -€15,179
down €15,179 (-77.4%), from €19,613 to €4,434
of which Taxes: -€10,655
- Trade debts +€4,448
up €4,448 (+6,860%), from €65 to €4,513
- Gross operating margin -€81,425
down €81,425, from €28,014 to -€53,411
- Depreciation +€834
up €834 (+9.8%), from €8,477 to €9,312
- Financial charges -€787
down €787 (-27.8%), from €2,828 to €2,041
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.
Derived cash bridge
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 | €164,882 | €109,860 | -€55,022 | -33.4% |
| Fixed assets | 21/28 | €38,490 | €27,775 | -€10,715 | -27.8% |
| Tangible fixed assets | 22/27 | €37,087 | €27,775 | -€9,312 | -25.1% |
| Land and buildings | 22 | €28,850 | €21,746 | -€7,104 | -24.6% |
| Plant, machinery and equipment | 23 | €331 | €0 | -€331 | -100% |
| Furniture and vehicles | 24 | €7,906 | €6,029 | -€1,876 | -23.7% |
| Financial fixed assets | 28 | €1,404 | €0 | -€1,404 | -100% |
| Current assets | 29/58 | €126,392 | €82,085 | -€44,307 | -35.1% |
| Amounts receivable within one year | 40/41 | €88,026 | €66,796 | -€21,231 | -24.1% |
| Trade receivables | 40 | €23,026 | €1,457 | -€21,570 | -93.7% |
| Other amounts receivable | 41 | €65,000 | €65,339 | +€339 | +0.5% |
| Cash at bank and in hand | 54/58 | €34,724 | €13,159 | -€21,565 | -62.1% |
| Deferred charges and accrued income | 490/1 | €3,642 | €2,130 | -€1,512 | -41.5% |
| Total equity and liabilities | 10/49 | €164,882 | €109,860 | -€55,022 | -33.4% |
| Equity | 10/15 | €144,367 | €78,042 | -€66,325 | -45.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,167 | €9,842 | -€66,325 | -87.1% |
| Amounts payable | 17/49 | €20,516 | €31,818 | +€11,303 | +55.1% |
| Amounts payable within one year | 42/48 | €20,496 | €31,818 | +€11,322 | +55.2% |
| Trade debts | 44 | €65 | €4,513 | +€4,448 | +6,860% |
| Suppliers | 440/4 | €65 | €4,513 | +€4,448 | +6,860% |
| Taxes, remuneration and social security | 45 | €19,613 | €4,434 | -€15,179 | -77.4% |
| Taxes | 450/3 | €12,104 | €1,450 | -€10,655 | -88.0% |
| Remuneration and social security | 454/9 | €7,509 | €2,985 | -€4,525 | -60.3% |
| Other amounts payable | 47/48 | €818 | €22,871 | +€22,053 | +2,698% |
| Accrued charges and deferred income | 492/3 | €20 | €0 | -€20 | -100% |
| Non-recurring operating income | 76A | €0 | €997 | +€997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,477 | €9,312 | +€834 | +9.8% |
| Other operating charges | 640/8 | €588 | €651 | +€62 | +10.6% |
| Gross operating margin | 9900 | €28,014 | -€53,411 | -€81,425 | |
| Operating profit (loss) | 9901 | €18,948 | -€63,373 | -€82,321 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -100% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100% |
| Financial charges | 65/66B | €2,828 | €2,041 | -€787 | -27.8% |
| Recurring financial charges | 65 | €2,828 | €2,041 | -€787 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €16,135 | -€65,414 | -€81,549 | |
| Income taxes | 67/77 | €539 | €911 | +€372 | +69.1% |
| Profit (loss) for the period | 9904 | €15,596 | -€66,325 | -€81,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,596 | -€66,325 | -€81,921 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.