WINFIN: 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.
WINFIN
Largest movements
- Stocks and contracts +€7,276
up €7,276 (+33.8%), from €21,507 to €28,783
- Receivables within one year +€6,768
up €6,768 (+84.5%), from €8,013 to €14,781
- Intangible fixed assets +€5,049
new in 2025: €5,049
- Cash +€1,365
up €1,365 (+5.0%), from €27,152 to €28,517
mainly Net result for the year (+€16,980) and Trade debts (+€4,875)
- Profit (loss) carried forward +€16,980
up €16,980, from -€789 to €16,191
- Trade debts +€4,875
up €4,875 (+24.3%), from €20,032 to €24,907
- Tax, wage and social debts -€1,398
down €1,398 (-15.3%), from €9,143 to €7,745
- Gross operating margin +€7,174
up €7,174 (+42.4%), from €16,934 to €24,108
- Taxes +€1,146
up €1,146 (+26.4%), from €4,340 to €5,487
- Financial charges +€253
up €253 (+37.4%), from €676 to €929
- Depreciation +€246
new in 2025: €246
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 | €57,298 | €77,755 | +€20,458 | +35.7% |
| Fixed assets | 21/28 | €625 | €5,674 | +€5,049 | +807.8% |
| Intangible fixed assets | 21 | - | €5,049 | +€5,049 | |
| Financial fixed assets | 28 | €625 | €625 | = | 0.0% |
| Current assets | 29/58 | €56,673 | €72,082 | +€15,409 | +27.2% |
| Stocks and contracts in progress | 3 | €21,507 | €28,783 | +€7,276 | +33.8% |
| Stocks | 30/36 | €21,507 | €28,783 | +€7,276 | +33.8% |
| Amounts receivable within one year | 40/41 | €8,013 | €14,781 | +€6,768 | +84.5% |
| Trade receivables | 40 | €8,013 | €14,781 | +€6,768 | +84.5% |
| Cash at bank and in hand | 54/58 | €27,152 | €28,517 | +€1,365 | +5.0% |
| Total equity and liabilities | 10/49 | €57,298 | €77,755 | +€20,458 | +35.7% |
| Equity | 10/15 | €17,811 | €34,791 | +€16,980 | +95.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€789 | €16,191 | +€16,980 | |
| Amounts payable | 17/49 | €39,487 | €42,964 | +€3,477 | +8.8% |
| Amounts payable within one year | 42/48 | €39,487 | €42,964 | +€3,477 | +8.8% |
| Trade debts | 44 | €20,032 | €24,907 | +€4,875 | +24.3% |
| Suppliers | 440/4 | €20,032 | €24,907 | +€4,875 | +24.3% |
| Taxes, remuneration and social security | 45 | €9,143 | €7,745 | -€1,398 | -15.3% |
| Taxes | 450/3 | €9,143 | €7,745 | -€1,398 | -15.3% |
| Other amounts payable | 47/48 | €10,312 | €10,312 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €246 | +€246 | |
| Other operating charges | 640/8 | €489 | €465 | -€24 | -4.8% |
| Gross operating margin | 9900 | €16,934 | €24,108 | +€7,174 | +42.4% |
| Operating profit (loss) | 9901 | €16,445 | €23,396 | +€6,951 | +42.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €676 | €929 | +€253 | +37.4% |
| Recurring financial charges | 65 | €676 | €929 | +€253 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | €15,769 | €22,467 | +€6,698 | +42.5% |
| Income taxes | 67/77 | €4,340 | €5,487 | +€1,146 | +26.4% |
| Profit (loss) for the period | 9904 | €11,428 | €16,980 | +€5,552 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,428 | €16,980 | +€5,552 | +48.6% |
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.