WINCK!: 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.
WINCK!
Largest movements
- Receivables after one year +€124,724
new in 2025: €124,724
- Cash +€36,332
up €36,332 (+24.0%), from €151,127 to €187,459
mainly Net result for the year (+€177,122) and Deferred charges and accrued income (+€27,438)
- Deferred charges and accrued income -€27,438
down €27,438 (-64.5%), from €42,541 to €15,104
- Tangible fixed assets -€16,147
down €16,147 (-2.0%), from €822,170 to €806,023
of which Plant, machinery and equipment: -€8,230
- Receivables within one year -€12,903
down €12,903 (-25.3%), from €50,997 to €38,095
of which Other amounts receivable: -€7,419
- Reserves +€177,122
up €177,122 (+21.9%), from €807,091 to €984,214
of which Distributable reserves: +€107,657
- Debts after one year -€46,626
down €46,626 (-36.1%), from €129,156 to €82,530
of which Financial debts: -€46,420
- Other debts -€21,670
down €21,670 (-100.0%), from €21,670 to €0
- Gross operating margin +€21,462
up €21,462 (+8.0%), from €267,634 to €289,096
- Depreciation -€10,632
down €10,632 (-38.0%), from €28,001 to €17,368
- Taxes +€5,282
up €5,282 (+6.3%), from €83,393 to €88,675
- Financial income +€4,172
up €4,172 (+65599.4%), from €6 to €4,178
- Financial charges -€3,608
down €3,608 (-53.7%), from €6,716 to €3,107
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 | €1,068,087 | €1,172,654 | +€104,567 | +9.8% |
| Fixed assets | 21/28 | €823,420 | €807,273 | -€16,147 | -2.0% |
| Tangible fixed assets | 22/27 | €822,170 | €806,023 | -€16,147 | -2.0% |
| Land and buildings | 22 | €758,006 | €758,006 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,605 | €3,375 | -€8,230 | -70.9% |
| Furniture and vehicles | 24 | €2,937 | €2,035 | -€902 | -30.7% |
| Other tangible fixed assets | 26 | €49,622 | €42,608 | -€7,014 | -14.1% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €244,666 | €365,381 | +€120,715 | +49.3% |
| Amounts receivable after more than one year | 29 | - | €124,724 | +€124,724 | |
| Other amounts receivable | 291 | - | €124,724 | +€124,724 | |
| Amounts receivable within one year | 40/41 | €50,997 | €38,095 | -€12,903 | -25.3% |
| Trade receivables | 40 | €42,195 | €36,711 | -€5,484 | -13.0% |
| Other amounts receivable | 41 | €8,803 | €1,384 | -€7,419 | -84.3% |
| Cash at bank and in hand | 54/58 | €151,127 | €187,459 | +€36,332 | +24.0% |
| Deferred charges and accrued income | 490/1 | €42,541 | €15,104 | -€27,438 | -64.5% |
| Total equity and liabilities | 10/49 | €1,068,087 | €1,172,654 | +€104,567 | +9.8% |
| Equity | 10/15 | €832,091 | €1,009,214 | +€177,122 | +21.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €807,091 | €984,214 | +€177,122 | +21.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €14,735 | €84,200 | +€69,465 | +471.4% |
| Distributable reserves | 133 | €792,356 | €900,014 | +€107,657 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €235,995 | €163,440 | -€72,555 | -30.7% |
| Amounts payable after more than one year | 17 | €129,156 | €82,530 | -€46,626 | -36.1% |
| Financial debts | 170/4 | €128,950 | €82,530 | -€46,420 | -36.0% |
| Other amounts payable | 178/9 | €207 | €0 | -€207 | -100.0% |
| Amounts payable within one year | 42/48 | €105,871 | €78,615 | -€27,256 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €49,690 | €50,264 | +€574 | +1.2% |
| Trade debts | 44 | €18,304 | €10,678 | -€7,626 | -41.7% |
| Suppliers | 440/4 | €18,304 | €10,678 | -€7,626 | -41.7% |
| Taxes, remuneration and social security | 45 | €16,207 | €17,673 | +€1,466 | +9.0% |
| Taxes | 450/3 | €16,207 | €17,673 | +€1,466 | +9.0% |
| Other amounts payable | 47/48 | €21,670 | €0 | -€21,670 | -100.0% |
| Accrued charges and deferred income | 492/3 | €968 | €2,295 | +€1,328 | +137.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,001 | €17,368 | -€10,632 | -38.0% |
| Other operating charges | 640/8 | €9,190 | €7,002 | -€2,188 | -23.8% |
| Non-recurring operating charges | 66A | €91 | €0 | -€91 | -100.0% |
| Gross operating margin | 9900 | €267,634 | €289,096 | +€21,462 | +8.0% |
| Operating profit (loss) | 9901 | €230,352 | €264,726 | +€34,374 | +14.9% |
| Financial income | 75/76B | €6 | €4,178 | +€4,172 | +65599.4% |
| Recurring financial income | 75 | €6 | €4,178 | +€4,172 | +65599.4% |
| Financial charges | 65/66B | €6,716 | €3,107 | -€3,608 | -53.7% |
| Recurring financial charges | 65 | €6,716 | €3,107 | -€3,608 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €223,643 | €265,797 | +€42,154 | +18.8% |
| Income taxes | 67/77 | €83,393 | €88,675 | +€5,282 | +6.3% |
| Profit (loss) for the period | 9904 | €140,250 | €177,122 | +€36,872 | +26.3% |
| Transfer to tax-exempt reserves | 689 | €14,735 | €69,465 | +€54,730 | +371.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,515 | €107,657 | -€17,858 | -14.2% |
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 3 October 2026 via checked.be.