WINCOS: 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.
WINCOS
Largest movements
- Receivables within one year +€7,529
up €7,529 (+90.0%), from €8,371 to €15,900
of which Trade receivables: +€15,900
- Cash -€5,958
down €5,958 (-75.8%), from €7,859 to €1,902
mainly Receivables within one year (-€7,529) and Tax, wage and social debts (-€1,908)
- Tangible fixed assets +€468
up €468 (+48.6%), from €962 to €1,429
- Profit (loss) carried forward +€3,965
up €3,965 (+43.5%), from €9,115 to €13,080
- Tax, wage and social debts -€1,908
down €1,908 (-62.4%), from €3,059 to €1,151
- Other operating charges -€3,321
no longer reported in 2025 (was €3,321)
- Depreciation +€401
up €401 (+71.5%), from €561 to €961
- Gross operating margin +€288
up €288 (+4.9%), from €5,892 to €6,179
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 | €17,192 | €19,231 | +€2,039 | +11.9% |
| Fixed assets | 21/28 | €962 | €1,429 | +€468 | +48.6% |
| Tangible fixed assets | 22/27 | €962 | €1,429 | +€468 | +48.6% |
| Furniture and vehicles | 24 | €962 | €1,429 | +€468 | +48.6% |
| Current assets | 29/58 | €16,230 | €17,802 | +€1,572 | +9.7% |
| Amounts receivable within one year | 40/41 | €8,371 | €15,900 | +€7,529 | +90.0% |
| Trade receivables | 40 | - | €15,900 | +€15,900 | |
| Other amounts receivable | 41 | €8,371 | - | -€8,371 | |
| Cash at bank and in hand | 54/58 | €7,859 | €1,902 | -€5,958 | -75.8% |
| Total equity and liabilities | 10/49 | €17,192 | €19,231 | +€2,039 | +11.9% |
| Equity | 10/15 | €14,115 | €18,080 | +€3,965 | +28.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,115 | €13,080 | +€3,965 | +43.5% |
| Amounts payable | 17/49 | €3,077 | €1,151 | -€1,926 | -62.6% |
| Amounts payable within one year | 42/48 | €3,077 | €1,151 | -€1,926 | -62.6% |
| Trade debts | 44 | €18 | - | -€18 | |
| Suppliers | 440/4 | €18 | - | -€18 | |
| Taxes, remuneration and social security | 45 | €3,059 | €1,151 | -€1,908 | -62.4% |
| Taxes | 450/3 | €3,059 | €1,151 | -€1,908 | -62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €961 | +€401 | +71.5% |
| Other operating charges | 640/8 | €3,321 | - | -€3,321 | |
| Gross operating margin | 9900 | €5,892 | €6,179 | +€288 | +4.9% |
| Operating profit (loss) | 9901 | €2,010 | €5,218 | +€3,208 | +159.6% |
| Financial charges | 65/66B | €161 | €158 | -€3 | -1.9% |
| Recurring financial charges | 65 | €161 | €158 | -€3 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €1,850 | €5,060 | +€3,211 | +173.6% |
| Income taxes | 67/77 | €1,117 | €1,095 | -€22 | -2.0% |
| Profit (loss) for the period | 9904 | €733 | €3,965 | +€3,233 | +441.2% |
| Profit (loss) for the period to be appropriated | 9905 | €733 | €3,965 | +€3,233 | +441.2% |
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 10 October 2026 via checked.be.