WINANT: 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.
WINANT
Largest movements
- Tangible fixed assets -€29,365
down €29,365 (-6.0%), from €490,327 to €460,962
of which Plant, machinery and equipment: -€18,812
- Profit (loss) carried forward -€30,071
down €30,071 (-19.7%), from -€152,377 to -€182,448
- Gross operating margin -€65,833
down €65,833 (-86.4%), from €76,233 to €10,399
- Taxes +€6,432
up €6,432 (+3694.0%), from €174 to €6,607
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 | €494,207 | €463,489 | -€30,718 | -6.2% |
| Fixed assets | 21/28 | €490,327 | €460,962 | -€29,365 | -6.0% |
| Tangible fixed assets | 22/27 | €490,327 | €460,962 | -€29,365 | -6.0% |
| Land and buildings | 22 | €470,163 | €459,610 | -€10,553 | -2.2% |
| Plant, machinery and equipment | 23 | €20,164 | €1,352 | -€18,812 | -93.3% |
| Current assets | 29/58 | €3,880 | €2,527 | -€1,353 | -34.9% |
| Amounts receivable within one year | 40/41 | €915 | €787 | -€128 | -14.0% |
| Other amounts receivable | 41 | €915 | €787 | -€128 | -14.0% |
| Cash at bank and in hand | 54/58 | €2,965 | €1,741 | -€1,224 | -41.3% |
| Total equity and liabilities | 10/49 | €494,207 | €463,489 | -€30,718 | -6.2% |
| Equity | 10/15 | €102,456 | €72,385 | -€30,071 | -29.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €129,833 | €129,833 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,333 | €11,333 | = | 0.0% |
| Distributable reserves | 133 | €118,500 | €118,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,377 | -€182,448 | -€30,071 | -19.7% |
| Amounts payable | 17/49 | €391,751 | €391,104 | -€647 | -0.2% |
| Amounts payable within one year | 42/48 | €391,751 | €391,104 | -€647 | -0.2% |
| Taxes, remuneration and social security | 45 | €1,223 | €1,109 | -€114 | -9.4% |
| Taxes | 450/3 | €1,223 | €1,109 | -€114 | -9.4% |
| Other amounts payable | 47/48 | €390,528 | €389,995 | -€533 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,159 | €30,243 | +€83 | +0.3% |
| Other operating charges | 640/8 | €3,724 | €3,407 | -€317 | -8.5% |
| Gross operating margin | 9900 | €76,233 | €10,399 | -€65,833 | -86.4% |
| Operating profit (loss) | 9901 | €42,349 | -€23,250 | -€65,599 | |
| Financial income | 75/76B | €71 | - | -€71 | |
| Recurring financial income | 75 | €71 | - | -€71 | |
| Financial charges | 65/66B | €288 | €214 | -€74 | -25.7% |
| Recurring financial charges | 65 | €288 | €214 | -€74 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €42,132 | -€23,464 | -€65,596 | |
| Income taxes | 67/77 | €174 | €6,607 | +€6,432 | +3694.0% |
| Profit (loss) for the period | 9904 | €41,958 | -€30,071 | -€72,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,958 | -€30,071 | -€72,029 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.