WINCO: 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.
What changed
WINCO
NACE 46.349, Wholesale of beverages, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €1.5m+€165,079
Equity
€6.3m
2024 · €5.6m+€651,481
Cash
€812,432
2024 · €1.3m-€523,868
Balance sheet total
€14.1m
2024 · €14.1m+€15,666
Largest movements
Assets
- Stocks and contracts +€688,024
up €688,024 (+9.5%), from €7.2m to €7.9m
- Cash -€523,868
down €523,868 (-39.2%), from €1.3m to €812,432
mainly Contributions, distributions and other (-€1.0m) and Trade debts (-€951,983)
- Deferred charges and accrued income -€206,959
down €206,959 (-81.5%), from €254,001 to €47,043
Equity and liabilities
- Trade debts -€951,983
down €951,983 (-14.7%), from €6.5m to €5.5m
- Reserves +€651,481
up €651,481 (+11.7%), from €5.6m to €6.2m
of which Distributable reserves: +€651,481
- Short-term financial debts +€400,678
new in 2025: €400,678
of which Credit institutions: +€400,000
- Other debts +€351,630
up €351,630 (+35.1%), from €1.0m to €1.4m
- Provisions -€330,303
down €330,303 (-100%), from €330,303 to €0
Income statement
- Goods and materials +€1.7m
up €1.7m (+7.0%), from €23.6m to €25.2m
of which Purchases: +€2.9m
- Turnover +€959,933
up €959,933 (+3.0%), from €32.1m to €33.0m
- Provisions -€660,606
down €660,606, from €330,303 to -€330,303
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.
Result 2024
€1.5m
Turnover
+€959,933
Other operating income
+€50,475
Goods and materials
-€1.7m
Services and other goods
+€171,954
Staff costs
-€181,922
Depreciation
-€34,216
Write-downs
+€240,507
Provisions
+€660,606
Other operating charges
-€806
Other operating items
-€128
Financial income
+€1,754
Financial charges
+€341
Taxes
-€49,282
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€311,266
Investment
-€235,812
Financing
-€599,322
Cash 2024
€1.3m
From operations (derived)
+€311,266
Net result for the year
+€1.7m
Depreciation
+€139,370
Stocks and contracts
-€688,024
Receivables within one year
+€37,974
Deferred charges and accrued income
+€206,959
Provisions
-€330,303
Trade debts
-€951,983
Tax, wage and social debts
-€105,837
Other debts
+€351,630
Investment (derived)
-€235,812
Investment in fixed assets (net)
-€235,812
Financing
-€599,322
Short-term financial debts
+€400,678
Contributions, distributions and other
-€1.0m
Cash 2025
€812,432
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,122,673 | €14,138,339 | +€15,666 | +0.1% |
| Fixed assets | 21/28 | €370,282 | €466,724 | +€96,442 | +26.0% |
| Intangible fixed assets | 21 | €8,647 | €41,917 | +€33,271 | +385% |
| Tangible fixed assets | 22/27 | €361,060 | €421,232 | +€60,171 | +16.7% |
| Plant, machinery and equipment | 23 | €141,709 | €118,413 | -€23,296 | -16.4% |
| Furniture and vehicles | 24 | €82,027 | €131,712 | +€49,685 | +60.6% |
| Other tangible fixed assets | 26 | €137,324 | €171,107 | +€33,783 | +24.6% |
| Financial fixed assets | 28 | €575 | €3,575 | +€3,000 | +522% |
| Other financial fixed assets | 284/8 | €575 | €3,575 | +€3,000 | +522% |
| Amounts receivable and cash guarantees | 285/8 | €575 | €3,575 | +€3,000 | +522% |
| Current assets | 29/58 | €13,752,391 | €13,671,615 | -€80,776 | -0.6% |
| Stocks and contracts in progress | 3 | €7,248,809 | €7,936,833 | +€688,024 | +9.5% |
| Stocks | 30/36 | €7,248,809 | €7,936,833 | +€688,024 | +9.5% |
| Goods purchased for resale | 34 | €6,807,956 | €7,875,912 | +€1.1m | +15.7% |
| Advance payments | 36 | €440,853 | €60,921 | -€379,932 | -86.2% |
| Amounts receivable within one year | 40/41 | €4,913,281 | €4,875,308 | -€37,974 | -0.8% |
| Trade receivables | 40 | €4,400,498 | €4,610,540 | +€210,043 | +4.8% |
| Other amounts receivable | 41 | €512,783 | €264,767 | -€248,016 | -48.4% |
| Cash at bank and in hand | 54/58 | €1,336,300 | €812,432 | -€523,868 | -39.2% |
| Deferred charges and accrued income | 490/1 | €254,001 | €47,043 | -€206,959 | -81.5% |
| Total equity and liabilities | 10/49 | €14,122,673 | €14,138,339 | +€15,666 | +0.1% |
| Equity | 10/15 | €5,643,941 | €6,295,423 | +€651,481 | +11.5% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €5,569,573 | €6,221,054 | +€651,481 | +11.7% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €5,562,137 | €6,213,618 | +€651,481 | +11.7% |
| Provisions and deferred taxes | 16 | €330,303 | €0 | -€330,303 | -100% |
| Provisions for liabilities and charges | 160/5 | €330,303 | €0 | -€330,303 | -100% |
| Other liabilities and charges | 164/5 | €330,303 | €0 | -€330,303 | -100% |
| Amounts payable | 17/49 | €8,148,429 | €7,842,917 | -€305,512 | -3.7% |
| Amounts payable within one year | 42/48 | €8,148,429 | €7,842,917 | -€305,512 | -3.7% |
| Financial debts | 43 | - | €400,678 | +€400,678 | |
| Credit institutions | 430/8 | - | €400,000 | +€400,000 | |
| Other loans | 439 | - | €678 | +€678 | |
| Trade debts | 44 | €6,459,983 | €5,508,000 | -€951,983 | -14.7% |
| Suppliers | 440/4 | €6,459,983 | €5,508,000 | -€951,983 | -14.7% |
| Taxes, remuneration and social security | 45 | €686,002 | €580,166 | -€105,837 | -15.4% |
| Taxes | 450/3 | €605,349 | €442,263 | -€163,086 | -26.9% |
| Remuneration and social security | 454/9 | €80,654 | €137,903 | +€57,250 | +71.0% |
| Other amounts payable | 47/48 | €1,002,443 | €1,354,073 | +€351,630 | +35.1% |
| Operating income | 70/76A | €32,495,940 | €33,506,348 | +€1.0m | +3.1% |
| Turnover | 70 | €32,069,618 | €33,029,551 | +€959,933 | +3.0% |
| Other operating income | 74 | €426,323 | €476,797 | +€50,475 | +11.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €30,456,526 | €31,254,667 | +€798,141 | +2.6% |
| Goods for resale, raw materials and consumables | 60 | €23,557,541 | €25,211,677 | +€1.7m | +7.0% |
| Purchases | 600/8 | €23,318,803 | €26,174,235 | +€2.9m | +12.2% |
| Change in stocks: decrease (increase) | 609 | €238,738 | -€962,558 | -€1.2m | |
| Services and other goods | 61 | €5,451,927 | €5,279,972 | -€171,954 | -3.2% |
| Remuneration, social security and pensions | 62 | €862,690 | €1,044,612 | +€181,922 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,154 | €139,370 | +€34,216 | +32.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €133,898 | -€106,609 | -€240,507 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €330,303 | -€330,303 | -€660,606 | |
| Other operating charges | 640/8 | €15,013 | €15,820 | +€806 | +5.4% |
| Non-recurring operating charges | 66A | - | €128 | +€128 | |
| Operating profit (loss) | 9901 | €2,039,414 | €2,251,682 | +€212,267 | +10.4% |
| Financial income | 75/76B | €944 | €2,697 | +€1,754 | +186% |
| Recurring financial income | 75 | €944 | €2,697 | +€1,754 | +186% |
| Income from current assets | 751 | €676 | €2,560 | +€1,884 | +278% |
| Other financial income | 752/9 | €267 | €137 | -€130 | -48.6% |
| Financial charges | 65/66B | €29,448 | €29,108 | -€341 | -1.2% |
| Recurring financial charges | 65 | €29,448 | €29,108 | -€341 | -1.2% |
| Debt charges | 650 | €9,011 | €9,567 | +€556 | +6.2% |
| Other financial charges | 652/9 | €20,437 | €19,541 | -€897 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €2,010,910 | €2,225,271 | +€214,362 | +10.7% |
| Income taxes | 67/77 | €524,508 | €573,790 | +€49,282 | +9.4% |
| Taxes | 670/3 | €524,508 | €573,790 | +€49,282 | +9.4% |
| Profit (loss) for the period | 9904 | €1,486,402 | €1,651,481 | +€165,079 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,486,402 | €1,651,481 | +€165,079 | +11.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.