WINARCHI.EU: what changed
Two financial 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.
WINARCHI.EU
Largest movements
- Receivables within one year +€118,212
up €118,212 (+94.6%), from €124,927 to €243,139
of which Trade receivables: +€111,327
- Cash -€44,380
down €44,380 (-49.8%), from €89,044 to €44,665
mainly Receivables within one year (-€118,212) and Provisions (-€10,000)
- Trade debts +€77,130
up €77,130 (+62.7%), from €122,947 to €200,078
- Reserves +€14,000
up €14,000 (+158%), from €8,870 to €22,870
- Provisions -€10,000
down €10,000 (-45.9%), from €21,800 to €11,800
- Accrued charges and deferred income -€7,370
down €7,370 (-79.2%), from €9,311 to €1,941
- Gross operating margin -€23,614
down €23,614 (-71.1%), from €33,190 to €9,576
- Provisions -€21,400
down €21,400, from €11,400 to -€10,000
- Write-downs -€15,276
no longer reported in 2025 (was €15,276)
- Taxes +€3,115
up €3,115 (+200%), from €1,555 to €4,669
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.
Derived cash bridge
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 | €217,863 | €291,402 | +€73,539 | +33.8% |
| Fixed assets | 21/28 | €775 | €364 | -€411 | -53.0% |
| Tangible fixed assets | 22/27 | €411 | - | -€411 | |
| Land and buildings | 22 | €411 | - | -€411 | |
| Financial fixed assets | 28 | €364 | €364 | = | 0.0% |
| Current assets | 29/58 | €217,088 | €291,038 | +€73,950 | +34.1% |
| Stocks and contracts in progress | 3 | €70 | €60 | -€10 | -14.3% |
| Stocks | 30/36 | €70 | €60 | -€10 | -14.3% |
| Amounts receivable within one year | 40/41 | €124,927 | €243,139 | +€118,212 | +94.6% |
| Trade receivables | 40 | €124,927 | €236,254 | +€111,327 | +89.1% |
| Other amounts receivable | 41 | - | €6,885 | +€6,885 | |
| Cash at bank and in hand | 54/58 | €89,044 | €44,665 | -€44,380 | -49.8% |
| Deferred charges and accrued income | 490/1 | €3,046 | €3,173 | +€127 | +4.2% |
| Total equity and liabilities | 10/49 | €217,863 | €291,402 | +€73,539 | +33.8% |
| Equity | 10/15 | €27,532 | €41,541 | +€14,008 | +50.9% |
| Contributions | 10/11 | €18,660 | €18,660 | = | 0.0% |
| Reserves | 13 | €8,870 | €22,870 | +€14,000 | +158% |
| Distributable reserves | 133 | €8,870 | €22,870 | +€14,000 | +158% |
| Profit (loss) carried forward | 14 | €2 | €10 | +€8 | +346% |
| Provisions and deferred taxes | 16 | €21,800 | €11,800 | -€10,000 | -45.9% |
| Provisions for liabilities and charges | 160/5 | €21,800 | €11,800 | -€10,000 | -45.9% |
| Environmental obligations | 163 | €21,800 | €11,800 | -€10,000 | -45.9% |
| Amounts payable | 17/49 | €168,530 | €238,061 | +€69,531 | +41.3% |
| Amounts payable within one year | 42/48 | €159,219 | €236,120 | +€76,901 | +48.3% |
| Trade debts | 44 | €122,947 | €200,078 | +€77,130 | +62.7% |
| Suppliers | 440/4 | €122,947 | €200,078 | +€77,130 | +62.7% |
| Taxes, remuneration and social security | 45 | €36,272 | €36,043 | -€229 | -0.6% |
| Taxes | 450/3 | €36,272 | €36,043 | -€229 | -0.6% |
| Accrued charges and deferred income | 492/3 | €9,311 | €1,941 | -€7,370 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €411 | €411 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,276 | - | -€15,276 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €11,400 | -€10,000 | -€21,400 | |
| Other operating charges | 640/8 | - | €40 | +€40 | |
| Gross operating margin | 9900 | €33,190 | €9,576 | -€23,614 | -71.1% |
| Operating profit (loss) | 9901 | €6,103 | €19,125 | +€13,022 | +213% |
| Financial charges | 65/66B | €397 | €447 | +€50 | +12.6% |
| Recurring financial charges | 65 | €397 | €447 | +€50 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €5,705 | €18,677 | +€12,972 | +227% |
| Income taxes | 67/77 | €1,555 | €4,669 | +€3,115 | +200% |
| Profit (loss) for the period | 9904 | €4,151 | €14,008 | +€9,857 | +237% |
| Profit (loss) for the period to be appropriated | 9905 | €4,151 | €14,008 | +€9,857 | +237% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.