WIN MASTER: 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 MASTER
Largest movements
- Receivables within one year +€40,458
up €40,458 (+115.0%), from €35,195 to €75,653
of which Other amounts receivable: +€40,104
- Tangible fixed assets -€9,858
down €9,858 (-39.2%), from €25,178 to €15,320
of which Leasing and similar rights: -€12,607
- Cash +€9,514
up €9,514 (+5.8%), from €163,021 to €172,535
mainly Advances received (+€29,804) and Tax, wage and social debts (+€13,711)
- Advances received +€29,804
new in 2024: €29,804
- Tax, wage and social debts +€13,711
up €13,711 (+162.1%), from €8,456 to €22,167
- Debts after one year -€8,366
no longer reported in 2024 (was €8,366)
- Other debts +€7,855
up €7,855 (+12.6%), from €62,145 to €70,000
- Trade debts -€4,658
down €4,658 (-51.9%), from €8,976 to €4,319
- Purchases and services +€107,916
up €107,916 (+27.5%), from €392,267 to €500,183
- Gross operating margin -€102,510
down €102,510 (-89.5%), from €114,491 to €11,981
- Taxes -€5,771
no longer reported in 2024 (was €5,771)
- Turnover +€5,407
up €5,407 (+1.1%), from €506,758 to €512,165
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 | €223,394 | €263,508 | +€40,114 | +18.0% |
| Fixed assets | 21/28 | €25,178 | €15,320 | -€9,858 | -39.2% |
| Tangible fixed assets | 22/27 | €25,178 | €15,320 | -€9,858 | -39.2% |
| Furniture and vehicles | 24 | - | €2,749 | +€2,749 | |
| Leasing and similar rights | 25 | €25,178 | €12,572 | -€12,607 | -50.1% |
| Current assets | 29/58 | €198,216 | €248,188 | +€49,972 | +25.2% |
| Amounts receivable within one year | 40/41 | €35,195 | €75,653 | +€40,458 | +115.0% |
| Trade receivables | 40 | €15,907 | €16,262 | +€354 | +2.2% |
| Other amounts receivable | 41 | €19,288 | €59,392 | +€40,104 | +207.9% |
| Cash at bank and in hand | 54/58 | €163,021 | €172,535 | +€9,514 | +5.8% |
| Total equity and liabilities | 10/49 | €223,394 | €263,508 | +€40,114 | +18.0% |
| Equity | 10/15 | €126,437 | €128,852 | +€2,415 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,958 | €10,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €9,103 | €9,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,279 | €111,694 | +€2,415 | +2.2% |
| Amounts payable | 17/49 | €96,957 | €134,656 | +€37,699 | +38.9% |
| Amounts payable after more than one year | 17 | €8,366 | - | -€8,366 | |
| Financial debts | 170/4 | €8,366 | - | -€8,366 | |
| Amounts payable within one year | 42/48 | €88,591 | €134,656 | +€46,065 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €9,013 | €8,366 | -€647 | -7.2% |
| Trade debts | 44 | €8,976 | €4,319 | -€4,658 | -51.9% |
| Suppliers | 440/4 | €8,976 | €4,319 | -€4,658 | -51.9% |
| Advances received on contracts in progress | 46 | - | €29,804 | +€29,804 | |
| Taxes, remuneration and social security | 45 | €8,456 | €22,167 | +€13,711 | +162.1% |
| Taxes | 450/3 | €8,456 | €22,167 | +€13,711 | +162.1% |
| Other amounts payable | 47/48 | €62,145 | €70,000 | +€7,855 | +12.6% |
| Turnover | 70 | €506,758 | €512,165 | +€5,407 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €392,267 | €500,183 | +€107,916 | +27.5% |
| Remuneration, social security and pensions | 62 | €588 | - | -€588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,607 | €12,617 | +€10 | +0.1% |
| Other operating charges | 640/8 | €2,259 | €1,461 | -€799 | -35.4% |
| Non-recurring operating charges | 66A | - | €1,107 | +€1,107 | |
| Gross operating margin | 9900 | €114,491 | €11,981 | -€102,510 | -89.5% |
| Operating profit (loss) | 9901 | €99,037 | -€3,203 | -€102,239 | |
| Financial income | 75/76B | €4,497 | €7,823 | +€3,326 | +74.0% |
| Recurring financial income | 75 | €9 | €4 | -€6 | -59.7% |
| Non-recurring financial income | 76B | €4,487 | €7,819 | +€3,332 | +74.2% |
| Financial charges | 65/66B | €1,002 | €2,205 | +€1,203 | +120.1% |
| Recurring financial charges | 65 | €903 | €2,205 | +€1,302 | +144.1% |
| Non-recurring financial charges | 66B | €99 | - | -€99 | |
| Profit (loss) for the period before taxes | 9903 | €102,531 | €2,415 | -€100,116 | -97.6% |
| Income taxes | 67/77 | €5,771 | - | -€5,771 | |
| Profit (loss) for the period | 9904 | €96,761 | €2,415 | -€94,346 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,761 | €2,415 | -€94,346 | -97.5% |
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 29 September 2026 via checked.be.