WINANC: 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.
WINANC
Largest movements
- Cash -€465
down €465 (-12.3%), from €3,770 to €3,305
mainly Trade debts (-€3,726) and Other debts (-€2,408)
- Tangible fixed assets -€233
down €233 (-13.3%), from €1,753 to €1,519
of which Other tangible fixed assets: -€563
- Receivables within one year -€173
down €173 (-44.0%), from €392 to €219
- Stocks and contracts +€132
up €132 (+4.9%), from €2,689 to €2,821
- Profit (loss) carried forward +€7,231
up €7,231 (+18.1%), from -€39,984 to -€32,753
- Trade debts -€3,726
down €3,726 (-75.6%), from €4,929 to €1,203
- Other debts -€2,408
down €2,408 (-22.6%), from €10,659 to €8,251
- Tax, wage and social debts -€1,374
down €1,374 (-57.7%), from €2,381 to €1,007
- Short-term financial debts -€417
down €417 (-8.6%), from €4,828 to €4,412
- Gross operating margin -€4,914
down €4,914 (-30.1%), from €16,347 to €11,433
- Depreciation -€4,023
down €4,023 (-87.7%), from €4,586 to €563
- Taxes -€325
down €325 (-12.4%), from €2,611 to €2,286
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 | €10,321 | €9,645 | -€676 | -6.5% |
| Fixed assets | 21/28 | €1,753 | €1,519 | -€233 | -13.3% |
| Tangible fixed assets | 22/27 | €1,753 | €1,519 | -€233 | -13.3% |
| Plant, machinery and equipment | 23 | - | €329 | +€329 | |
| Other tangible fixed assets | 26 | €1,753 | €1,190 | -€563 | -32.1% |
| Current assets | 29/58 | €8,568 | €8,126 | -€442 | -5.2% |
| Stocks and contracts in progress | 3 | €2,689 | €2,821 | +€132 | +4.9% |
| Stocks | 30/36 | €2,689 | €2,821 | +€132 | +4.9% |
| Amounts receivable within one year | 40/41 | €392 | €219 | -€173 | -44.0% |
| Other amounts receivable | 41 | €392 | €219 | -€173 | -44.0% |
| Cash at bank and in hand | 54/58 | €3,770 | €3,305 | -€465 | -12.3% |
| Deferred charges and accrued income | 490/1 | €1,717 | €1,781 | +€64 | +3.7% |
| Total equity and liabilities | 10/49 | €10,321 | €9,645 | -€676 | -6.5% |
| Equity | 10/15 | -€13,160 | -€5,928 | +€7,231 | +54.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,225 | €8,225 | = | 0.0% |
| Distributable reserves | 133 | €8,225 | €8,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,984 | -€32,753 | +€7,231 | +18.1% |
| Amounts payable | 17/49 | €23,480 | €15,574 | -€7,907 | -33.7% |
| Amounts payable within one year | 42/48 | €22,797 | €14,872 | -€7,926 | -34.8% |
| Financial debts | 43 | €4,828 | €4,412 | -€417 | -8.6% |
| Credit institutions | 430/8 | €4,828 | €4,412 | -€417 | -8.6% |
| Trade debts | 44 | €4,929 | €1,203 | -€3,726 | -75.6% |
| Suppliers | 440/4 | €4,929 | €1,203 | -€3,726 | -75.6% |
| Taxes, remuneration and social security | 45 | €2,381 | €1,007 | -€1,374 | -57.7% |
| Taxes | 450/3 | €2,381 | €1,007 | -€1,374 | -57.7% |
| Other amounts payable | 47/48 | €10,659 | €8,251 | -€2,408 | -22.6% |
| Accrued charges and deferred income | 492/3 | €683 | €702 | +€19 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,586 | €563 | -€4,023 | -87.7% |
| Other operating charges | 640/8 | €994 | €845 | -€148 | -14.9% |
| Gross operating margin | 9900 | €16,347 | €11,433 | -€4,914 | -30.1% |
| Operating profit (loss) | 9901 | €10,767 | €10,025 | -€742 | -6.9% |
| Financial income | 75/76B | €33 | €18 | -€15 | -45.6% |
| Recurring financial income | 75 | €33 | €18 | -€15 | -45.6% |
| Financial charges | 65/66B | €686 | €526 | -€160 | -23.4% |
| Recurring financial charges | 65 | €686 | €526 | -€160 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €10,114 | €9,517 | -€597 | -5.9% |
| Income taxes | 67/77 | €2,611 | €2,286 | -€325 | -12.4% |
| Profit (loss) for the period | 9904 | €7,503 | €7,231 | -€272 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,503 | €7,231 | -€272 | -3.6% |
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 29 September 2026 via checked.be.