Win-Trans: 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-Trans
Largest movements
- Tangible fixed assets +€827,296
up €827,296 (+204.1%), from €405,267 to €1.2m
of which Leasing and similar rights: +€821,567
- Receivables within one year +€54,485
up €54,485 (+11.8%), from €463,221 to €517,706
of which Trade receivables: +€54,479
- Cash -€53,949
down €53,949 (-26.6%), from €202,459 to €148,510
mainly Investment in fixed assets (net) (-€1.1m) and Net result for the year (-€68,994)
- Debts after one year +€654,849
up €654,849 (+228.6%), from €286,454 to €941,303
- Current portion of long-term debt +€137,428
up €137,428 (+87.2%), from €157,662 to €295,090
- Trade debts +€80,391
up €80,391 (+49.0%), from €164,103 to €244,494
- Profit (loss) carried forward -€68,994
down €68,994 (-40.5%), from €170,331 to €101,337
- Tax, wage and social debts +€27,146
up €27,146 (+10.6%), from €256,056 to €283,203
of which Remuneration and social security: +€20,253
- Gross operating margin +€112,118
up €112,118 (+4.4%), from €2.6m to €2.7m
- Depreciation +€83,455
up €83,455 (+50.5%), from €165,232 to €248,687
- Staff costs +€66,941
up €66,941 (+2.8%), from €2.4m to €2.4m
- Financial charges +€32,553
up €32,553 (+191.0%), from €17,046 to €49,598
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 | €1,115,756 | €1,946,576 | +€830,820 | +74.5% |
| Fixed assets | 21/28 | €431,601 | €1,258,898 | +€827,296 | +191.7% |
| Tangible fixed assets | 22/27 | €405,267 | €1,232,564 | +€827,296 | +204.1% |
| Plant, machinery and equipment | 23 | €19,724 | €17,441 | -€2,284 | -11.6% |
| Furniture and vehicles | 24 | €10,799 | €18,812 | +€8,013 | +74.2% |
| Leasing and similar rights | 25 | €374,744 | €1,196,311 | +€821,567 | +219.2% |
| Financial fixed assets | 28 | €26,334 | €26,334 | = | 0.0% |
| Current assets | 29/58 | €684,155 | €687,678 | +€3,524 | +0.5% |
| Amounts receivable within one year | 40/41 | €463,221 | €517,706 | +€54,485 | +11.8% |
| Trade receivables | 40 | €463,221 | €517,699 | +€54,479 | +11.8% |
| Other amounts receivable | 41 | €0 | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €202,459 | €148,510 | -€53,949 | -26.6% |
| Deferred charges and accrued income | 490/1 | €18,475 | €21,463 | +€2,988 | +16.2% |
| Total equity and liabilities | 10/49 | €1,115,756 | €1,946,576 | +€830,820 | +74.5% |
| Equity | 10/15 | €251,480 | €182,486 | -€68,994 | -27.4% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €1,149 | €1,149 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,149 | €1,149 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,149 | €1,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,331 | €101,337 | -€68,994 | -40.5% |
| Amounts payable | 17/49 | €864,276 | €1,764,090 | +€899,814 | +104.1% |
| Amounts payable after more than one year | 17 | €286,454 | €941,303 | +€654,849 | +228.6% |
| Financial debts | 170/4 | €286,454 | €941,303 | +€654,849 | +228.6% |
| Amounts payable within one year | 42/48 | €577,822 | €822,787 | +€244,965 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | €157,662 | €295,090 | +€137,428 | +87.2% |
| Trade debts | 44 | €164,103 | €244,494 | +€80,391 | +49.0% |
| Suppliers | 440/4 | €164,103 | €244,494 | +€80,391 | +49.0% |
| Taxes, remuneration and social security | 45 | €256,056 | €283,203 | +€27,146 | +10.6% |
| Taxes | 450/3 | €42,509 | €49,403 | +€6,893 | +16.2% |
| Remuneration and social security | 454/9 | €213,547 | €233,800 | +€20,253 | +9.5% |
| Non-recurring operating income | 76A | €79,476 | €95,401 | +€15,925 | +20.0% |
| Remuneration, social security and pensions | 62 | €2,365,864 | €2,432,804 | +€66,941 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165,232 | €248,687 | +€83,455 | +50.5% |
| Other operating charges | 640/8 | €9,961 | €6,038 | -€3,923 | -39.4% |
| Gross operating margin | 9900 | €2,554,046 | €2,666,164 | +€112,118 | +4.4% |
| Operating profit (loss) | 9901 | €12,989 | -€21,365 | -€34,354 | |
| Financial income | 75/76B | €13 | €1,970 | +€1,957 | +14699.6% |
| Recurring financial income | 75 | €13 | €1,970 | +€1,957 | +14699.6% |
| Financial charges | 65/66B | €17,046 | €49,598 | +€32,553 | +191.0% |
| Recurring financial charges | 65 | €17,046 | €49,598 | +€32,553 | +191.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,043 | -€68,994 | -€64,951 | -1606.4% |
| Income taxes | 67/77 | €1,701 | €0 | -€1,701 | -100.0% |
| Profit (loss) for the period | 9904 | -€5,744 | -€68,994 | -€63,250 | -1101.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,744 | -€68,994 | -€63,250 | -1101.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.