WIN23: 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.
WIN23
Largest movements
- Receivables within one year +€83,855
up €83,855 (+58.2%), from €143,965 to €227,820
of which Other amounts receivable: +€71,387
- Cash +€16,261
up €16,261 (+84.6%), from €19,231 to €35,492
mainly Net result for the year (+€69,689) and Tax, wage and social debts (+€28,594)
- Tangible fixed assets -€3,163
down €3,163 (-23.4%), from €13,535 to €10,373
of which Furniture and vehicles: -€2,407
- Profit (loss) carried forward +€69,689
up €69,689 (+48.5%), from €143,700 to €213,389
- Tax, wage and social debts +€28,594
up €28,594 (+143.4%), from €19,936 to €48,530
- Gross operating margin +€91,477
up €91,477 (+1054.6%), from €8,674 to €100,151
- Financial charges -€44,318
down €44,318 (-99.0%), from €44,784 to €466
- Taxes +€20,083
up €20,083 (+316.3%), from €6,350 to €26,434
- Financial income -€17,645
down €17,645 (-100.0%), from €17,645 to €0
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 | €176,731 | €274,334 | +€97,603 | +55.2% |
| Fixed assets | 21/28 | €13,535 | €10,373 | -€3,163 | -23.4% |
| Tangible fixed assets | 22/27 | €13,535 | €10,373 | -€3,163 | -23.4% |
| Plant, machinery and equipment | 23 | €6,377 | €5,621 | -€756 | -11.9% |
| Furniture and vehicles | 24 | €7,158 | €4,752 | -€2,407 | -33.6% |
| Current assets | 29/58 | €163,196 | €263,962 | +€100,766 | +61.7% |
| Amounts receivable within one year | 40/41 | €143,965 | €227,820 | +€83,855 | +58.2% |
| Trade receivables | 40 | €2,031 | €14,499 | +€12,468 | +614.0% |
| Other amounts receivable | 41 | €141,934 | €213,321 | +€71,387 | +50.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19,231 | €35,492 | +€16,261 | +84.6% |
| Deferred charges and accrued income | 490/1 | - | €649 | +€649 | |
| Total equity and liabilities | 10/49 | €176,731 | €274,334 | +€97,603 | +55.2% |
| Equity | 10/15 | €149,700 | €219,389 | +€69,689 | +46.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,700 | €213,389 | +€69,689 | +48.5% |
| Amounts payable | 17/49 | €27,031 | €54,945 | +€27,914 | +103.3% |
| Amounts payable within one year | 42/48 | €27,031 | €54,945 | +€27,914 | +103.3% |
| Financial debts | 43 | €114 | €1,728 | +€1,614 | +1415.6% |
| Credit institutions | 430/8 | €114 | €1,728 | +€1,614 | +1415.6% |
| Trade debts | 44 | €6,981 | €4,687 | -€2,294 | -32.9% |
| Suppliers | 440/4 | €6,981 | €4,687 | -€2,294 | -32.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €19,936 | €48,530 | +€28,594 | +143.4% |
| Taxes | 450/3 | €19,936 | €48,530 | +€28,594 | +143.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,960 | €3,163 | +€203 | +6.9% |
| Other operating charges | 640/8 | €0 | €400 | +€400 | |
| Gross operating margin | 9900 | €8,674 | €100,151 | +€91,477 | +1054.6% |
| Operating profit (loss) | 9901 | €5,714 | €96,588 | +€90,874 | +1590.3% |
| Financial income | 75/76B | €17,645 | €0 | -€17,645 | -100.0% |
| Recurring financial income | 75 | €17,645 | €0 | -€17,645 | -100.0% |
| Financial charges | 65/66B | €44,784 | €466 | -€44,318 | -99.0% |
| Recurring financial charges | 65 | €44,784 | €466 | -€44,318 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,424 | €96,122 | +€117,547 | |
| Income taxes | 67/77 | €6,350 | €26,434 | +€20,083 | +316.3% |
| Profit (loss) for the period | 9904 | -€27,775 | €69,689 | +€97,463 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,775 | €69,689 | +€97,463 |
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 1 October 2026 via checked.be.