WIN@CO: 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@CO
Largest movements
- Cash +€27,600
up €27,600 (+84.5%), from €32,668 to €60,268
mainly Net result for the year (+€107,222) and Other debts (+€38,416)
- Receivables within one year +€20,588
up €20,588 (+117.6%), from €17,502 to €38,090
of which Trade receivables: +€20,570
- Tangible fixed assets +€3,171
up €3,171 (+5.8%), from €54,424 to €57,595
of which Furniture and vehicles: +€7,358
- Other debts +€38,416
up €38,416 (+55.9%), from €68,755 to €107,171
- Tax, wage and social debts +€11,019
up €11,019 (+81.8%), from €13,477 to €24,495
of which Remuneration and social security: +€8,040
- Trade debts +€1,968
up €1,968 (+69.4%), from €2,837 to €4,805
- Gross operating margin +€49,219
up €49,219 (+51.7%), from €95,207 to €144,425
- Taxes +€11,720
up €11,720 (+64.3%), from €18,222 to €29,942
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 | €105,473 | €156,876 | +€51,402 | +48.7% |
| Fixed assets | 21/28 | €54,424 | €57,595 | +€3,171 | +5.8% |
| Tangible fixed assets | 22/27 | €54,424 | €57,595 | +€3,171 | +5.8% |
| Land and buildings | 22 | €45,618 | €42,998 | -€2,620 | -5.7% |
| Furniture and vehicles | 24 | €1,268 | €8,626 | +€7,358 | +580.3% |
| Other tangible fixed assets | 26 | €7,538 | €5,971 | -€1,567 | -20.8% |
| Current assets | 29/58 | €51,050 | €99,280 | +€48,231 | +94.5% |
| Amounts receivable within one year | 40/41 | €17,502 | €38,090 | +€20,588 | +117.6% |
| Trade receivables | 40 | €17,485 | €38,055 | +€20,570 | +117.6% |
| Other amounts receivable | 41 | €17 | €35 | +€18 | +102.0% |
| Cash at bank and in hand | 54/58 | €32,668 | €60,268 | +€27,600 | +84.5% |
| Deferred charges and accrued income | 490/1 | €880 | €923 | +€43 | +4.9% |
| Total equity and liabilities | 10/49 | €105,473 | €156,876 | +€51,402 | +48.7% |
| Equity | 10/15 | €20,405 | €20,405 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Amounts payable | 17/49 | €85,068 | €136,471 | +€51,402 | +60.4% |
| Amounts payable within one year | 42/48 | €85,068 | €136,471 | +€51,402 | +60.4% |
| Trade debts | 44 | €2,837 | €4,805 | +€1,968 | +69.4% |
| Suppliers | 440/4 | €2,837 | €4,805 | +€1,968 | +69.4% |
| Taxes, remuneration and social security | 45 | €13,477 | €24,495 | +€11,019 | +81.8% |
| Taxes | 450/3 | €10,806 | €13,784 | +€2,978 | +27.6% |
| Remuneration and social security | 454/9 | €2,671 | €10,711 | +€8,040 | +301.0% |
| Other amounts payable | 47/48 | €68,755 | €107,171 | +€38,416 | +55.9% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,205 | €6,121 | +€917 | +17.6% |
| Other operating charges | 640/8 | €730 | €683 | -€48 | -6.5% |
| Gross operating margin | 9900 | €95,207 | €144,425 | +€49,219 | +51.7% |
| Operating profit (loss) | 9901 | €89,271 | €137,621 | +€48,350 | +54.2% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €475 | €457 | -€18 | -3.8% |
| Recurring financial charges | 65 | €475 | €457 | -€18 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €88,805 | €137,165 | +€48,359 | +54.5% |
| Income taxes | 67/77 | €18,222 | €29,942 | +€11,720 | +64.3% |
| Profit (loss) for the period | 9904 | €70,583 | €107,222 | +€36,639 | +51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,583 | €107,222 | +€36,639 | +51.9% |
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 3 October 2026 via checked.be.