WINERGY: 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.
What changed
WINERGY
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,285
2024 · €19,297+€2,988
Equity
€407,078
2024 · €384,793+€22,285
Cash
€26,269
2024 · €27,154-€885
Balance sheet total
€588,379
2024 · €593,847-€5,468
Largest movements
Assets
- Tangible fixed assets -€12,541
down €12,541 (-14.0%), from €89,309 to €76,768
of which Land and buildings: -€11,198
Equity and liabilities
- Other debts +€32,800
up €32,800 (+409.0%), from €8,019 to €40,819
- Debts after one year -€26,704
down €26,704 (-58.1%), from €45,979 to €19,274
- Reserves +€22,285
up €22,285 (+8.9%), from €250,065 to €272,350
of which Distributable reserves: +€22,285
- Current portion of long-term debt -€16,433
down €16,433 (-38.1%), from €43,137 to €26,704
- Accrued charges and deferred income -€8,490
down €8,490 (-76.2%), from €11,135 to €2,645
Income statement
- Financial charges -€12,987
down €12,987 (-48.6%), from €26,746 to €13,759
- Other operating charges +€9,539
up €9,539 (+1010.1%), from €944 to €10,483
- Taxes +€6,033
up €6,033 (+58.7%), from €10,286 to €16,319
- Financial income +€2,711
up €2,711 (+18.7%), from €14,478 to €17,189
- Gross operating margin +€2,243
up €2,243 (+3.9%), from €57,734 to €59,977
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
€19,297
Gross operating margin
+€2,243
Depreciation
+€11
Write-downs
+€608
Other operating charges
-€9,539
Financial income
+€2,711
Financial charges
+€12,987
Taxes
-€6,033
Result 2025
€22,285
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.
From operations
+€46,971
Investment
-€2,387
Financing
-€45,469
Cash 2024
€27,154
From operations (derived)
+€46,971
Net result for the year
+€22,285
Depreciation
+€14,928
Receivables after one year
-€5,520
Receivables within one year
-€3,007
Deferred charges and accrued income
+€570
Trade debts
-€4,009
Tax, wage and social debts
-€4,885
Advances received
+€2,300
Other debts
+€32,800
Accrued charges and deferred income
-€8,490
Investment (derived)
-€2,387
Investment in fixed assets (net)
-€2,387
Financing
-€45,469
Debts after one year
-€26,704
Current portion of long-term debt
-€16,433
Short-term financial debts
-€2,332
Cash 2025
€26,269
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,847 | €588,379 | -€5,468 | -0.9% |
| Fixed assets | 21/28 | €89,309 | €76,768 | -€12,541 | -14.0% |
| Tangible fixed assets | 22/27 | €89,309 | €76,768 | -€12,541 | -14.0% |
| Land and buildings | 22 | €80,262 | €69,065 | -€11,198 | -14.0% |
| Plant, machinery and equipment | 23 | €397 | €286 | -€111 | -28.0% |
| Furniture and vehicles | 24 | €1,170 | €2,377 | +€1,207 | +103.2% |
| Other tangible fixed assets | 26 | €7,480 | €5,041 | -€2,439 | -32.6% |
| Current assets | 29/58 | €504,538 | €511,611 | +€7,073 | +1.4% |
| Amounts receivable after more than one year | 29 | €276,020 | €281,541 | +€5,520 | +2.0% |
| Other amounts receivable | 291 | €276,020 | €281,541 | +€5,520 | +2.0% |
| Amounts receivable within one year | 40/41 | €200,794 | €203,801 | +€3,007 | +1.5% |
| Trade receivables | 40 | €6,536 | €6,439 | -€97 | -1.5% |
| Other amounts receivable | 41 | €194,258 | €197,362 | +€3,104 | +1.6% |
| Cash at bank and in hand | 54/58 | €27,154 | €26,269 | -€885 | -3.3% |
| Deferred charges and accrued income | 490/1 | €570 | €0 | -€570 | -100.0% |
| Total equity and liabilities | 10/49 | €593,847 | €588,379 | -€5,468 | -0.9% |
| Equity | 10/15 | €384,793 | €407,078 | +€22,285 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €44,270 | €44,270 | = | 0.0% |
| Reserves | 13 | €250,065 | €272,350 | +€22,285 | +8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €392 | €392 | = | 0.0% |
| Distributable reserves | 133 | €247,813 | €270,098 | +€22,285 | +9.0% |
| Profit (loss) carried forward | 14 | €71,858 | €71,858 | = | 0.0% |
| Amounts payable | 17/49 | €209,054 | €181,301 | -€27,754 | -13.3% |
| Amounts payable after more than one year | 17 | €45,979 | €19,274 | -€26,704 | -58.1% |
| Financial debts | 170/4 | €45,979 | €19,274 | -€26,704 | -58.1% |
| Amounts payable within one year | 42/48 | €151,940 | €159,381 | +€7,441 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €43,137 | €26,704 | -€16,433 | -38.1% |
| Financial debts | 43 | €39,087 | €36,755 | -€2,332 | -6.0% |
| Credit institutions | 430/8 | €39,087 | €36,755 | -€2,332 | -6.0% |
| Trade debts | 44 | €27,168 | €23,159 | -€4,009 | -14.8% |
| Suppliers | 440/4 | €27,168 | €23,159 | -€4,009 | -14.8% |
| Advances received on contracts in progress | 46 | - | €2,300 | +€2,300 | |
| Taxes, remuneration and social security | 45 | €34,529 | €29,644 | -€4,885 | -14.1% |
| Taxes | 450/3 | €34,529 | €29,644 | -€4,885 | -14.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,019 | €40,819 | +€32,800 | +409.0% |
| Accrued charges and deferred income | 492/3 | €11,135 | €2,645 | -€8,490 | -76.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,939 | €14,928 | -€11 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€608 | -€608 | |
| Other operating charges | 640/8 | €944 | €10,483 | +€9,539 | +1010.1% |
| Gross operating margin | 9900 | €57,734 | €59,977 | +€2,243 | +3.9% |
| Operating profit (loss) | 9901 | €41,852 | €35,175 | -€6,677 | -16.0% |
| Financial income | 75/76B | €14,478 | €17,189 | +€2,711 | +18.7% |
| Recurring financial income | 75 | €14,478 | €17,189 | +€2,711 | +18.7% |
| Financial charges | 65/66B | €26,746 | €13,759 | -€12,987 | -48.6% |
| Recurring financial charges | 65 | €26,746 | €13,759 | -€12,987 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €29,583 | €38,604 | +€9,021 | +30.5% |
| Income taxes | 67/77 | €10,286 | €16,319 | +€6,033 | +58.7% |
| Profit (loss) for the period | 9904 | €19,297 | €22,285 | +€2,988 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,297 | €22,285 | +€2,988 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.