WINCONCEPT: 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.
WINCONCEPT
Largest movements
- Receivables within one year +€433,667
up €433,667 (+61.1%), from €709,485 to €1.1m
of which Trade receivables: +€437,274
- Stocks and contracts +€128,321
up €128,321 (+64.4%), from €199,166 to €327,487
- Tangible fixed assets +€39,119
up €39,119 (+88.4%), from €44,239 to €83,357
of which Plant, machinery and equipment: +€26,709
- Cash +€23,335
up €23,335 (+42.3%), from €55,116 to €78,450
mainly Trade debts (+€315,439) and Short-term financial debts (+€140,000)
- Trade debts +€315,439
up €315,439 (+77.7%), from €405,973 to €721,412
- Short-term financial debts +€140,000
up €140,000 (+87.5%), from €160,000 to €300,000
- Other debts +€84,938
up €84,938 (+550%), from €15,434 to €100,373
- Profit (loss) carried forward +€52,539
up €52,539 (+13.9%), from €379,132 to €431,671
- Tax, wage and social debts +€25,195
up €25,195 (+61.9%), from €40,697 to €65,892
of which Remuneration and social security: +€34,648
- Staff costs +€168,472
up €168,472 (+169%), from €99,727 to €268,200
- Gross operating margin +€141,940
up €141,940 (+53.4%), from €265,988 to €407,929
- Other operating charges -€38,105
down €38,105 (-96.3%), from €39,589 to €1,484
- Financial charges +€12,151
up €12,151 (+43.1%), from €28,178 to €40,329
- Taxes -€10,970
down €10,970 (-33.9%), from €32,391 to €21,421
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 | €1,013,451 | €1,637,798 | +€624,347 | +61.6% |
| Fixed assets | 21/28 | €49,524 | €88,558 | +€39,034 | +78.8% |
| Intangible fixed assets | 21 | €85 | €0 | -€85 | -100% |
| Tangible fixed assets | 22/27 | €44,239 | €83,357 | +€39,119 | +88.4% |
| Land and buildings | 22 | - | €9,573 | +€9,573 | |
| Plant, machinery and equipment | 23 | €5,606 | €32,315 | +€26,709 | +476% |
| Furniture and vehicles | 24 | €38,633 | €41,469 | +€2,837 | +7.3% |
| Financial fixed assets | 28 | €5,201 | €5,201 | = | 0.0% |
| Current assets | 29/58 | €963,927 | €1,549,240 | +€585,313 | +60.7% |
| Stocks and contracts in progress | 3 | €199,166 | €327,487 | +€128,321 | +64.4% |
| Stocks | 30/36 | €199,166 | €327,487 | +€128,321 | +64.4% |
| Amounts receivable within one year | 40/41 | €709,485 | €1,143,152 | +€433,667 | +61.1% |
| Trade receivables | 40 | €636,601 | €1,073,875 | +€437,274 | +68.7% |
| Other amounts receivable | 41 | €72,884 | €69,277 | -€3,607 | -4.9% |
| Cash at bank and in hand | 54/58 | €55,116 | €78,450 | +€23,335 | +42.3% |
| Deferred charges and accrued income | 490/1 | €160 | €150 | -€10 | -6.1% |
| Total equity and liabilities | 10/49 | €1,013,451 | €1,637,798 | +€624,347 | +61.6% |
| Equity | 10/15 | €384,132 | €436,671 | +€52,539 | +13.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €379,132 | €431,671 | +€52,539 | +13.9% |
| Amounts payable | 17/49 | €629,319 | €1,201,127 | +€571,808 | +90.9% |
| Amounts payable after more than one year | 17 | €1,831 | €0 | -€1,831 | -100% |
| Financial debts | 170/4 | €1,831 | €0 | -€1,831 | -100% |
| Amounts payable within one year | 42/48 | €627,488 | €1,201,127 | +€573,639 | +91.4% |
| Current portion of amounts payable after more than one year | 42 | €5,385 | €13,451 | +€8,066 | +150% |
| Financial debts | 43 | €160,000 | €300,000 | +€140,000 | +87.5% |
| Credit institutions | 430/8 | €160,000 | €300,000 | +€140,000 | +87.5% |
| Trade debts | 44 | €405,973 | €721,412 | +€315,439 | +77.7% |
| Suppliers | 440/4 | €405,973 | €721,412 | +€315,439 | +77.7% |
| Taxes, remuneration and social security | 45 | €40,697 | €65,892 | +€25,195 | +61.9% |
| Taxes | 450/3 | €18,096 | €8,644 | -€9,452 | -52.2% |
| Remuneration and social security | 454/9 | €22,600 | €57,248 | +€34,648 | +153% |
| Other amounts payable | 47/48 | €15,434 | €100,373 | +€84,938 | +550% |
| Non-recurring operating income | 76A | - | €1,403 | +€1,403 | |
| Remuneration, social security and pensions | 62 | €99,727 | €268,200 | +€168,472 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,441 | €24,147 | +€4,706 | +24.2% |
| Other operating charges | 640/8 | €39,589 | €1,484 | -€38,105 | -96.3% |
| Gross operating margin | 9900 | €265,988 | €407,929 | +€141,940 | +53.4% |
| Operating profit (loss) | 9901 | €107,231 | €114,098 | +€6,867 | +6.4% |
| Financial income | 75/76B | €480 | €191 | -€288 | -60.1% |
| Recurring financial income | 75 | €480 | €191 | -€288 | -60.1% |
| Financial charges | 65/66B | €28,178 | €40,329 | +€12,151 | +43.1% |
| Recurring financial charges | 65 | €28,178 | €40,329 | +€12,151 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €79,532 | €73,960 | -€5,572 | -7.0% |
| Income taxes | 67/77 | €32,391 | €21,421 | -€10,970 | -33.9% |
| Profit (loss) for the period | 9904 | €47,142 | €52,539 | +€5,397 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,142 | €52,539 | +€5,397 | +11.4% |
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 13 October 2026 via checked.be.