WINFINITY: 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.
WINFINITY
Largest movements
- Cash -€85,132
down €85,132 (-44.5%), from €191,386 to €106,254
mainly Net result for the year (-€122,104) and Contributions, distributions and other (-€42,338)
- Tangible fixed assets -€56,997
down €56,997 (-33.5%), from €170,159 to €113,162
of which Furniture and vehicles: -€31,490
- Receivables within one year -€5,441
down €5,441 (-71.5%), from €7,609 to €2,168
of which Trade receivables: -€6,644
- Stocks and contracts -€3,999
down €3,999 (-73.4%), from €5,448 to €1,449
- Profit (loss) carried forward -€127,594
down €127,594 (-129%), from -€98,866 to -€226,460
- Reserves -€36,847
down €36,847 (-8.6%), from €426,606 to €389,759
of which Distributable reserves: -€36,847
- Other debts +€22,926
up €22,926 (+664%), from €3,455 to €26,381
- Current portion of long-term debt -€12,025
down €12,025 (-59.8%), from €20,102 to €8,077
- Staff costs -€17,509
down €17,509 (-46.7%), from €37,493 to €19,984
- Gross operating margin -€15,541
down €15,541 (-52.8%), from -€29,415 to -€44,955
- Taxes -€12,941
down €12,941 (-93.0%), from €13,915 to €974
- Financial income -€5,138
down €5,138 (-69.3%), from €7,416 to €2,278
- Depreciation +€1,636
up €1,636 (+3.0%), from €55,361 to €56,997
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 | €374,683 | €223,113 | -€151,570 | -40.5% |
| Fixed assets | 21/28 | €170,240 | €113,243 | -€56,997 | -33.5% |
| Tangible fixed assets | 22/27 | €170,159 | €113,162 | -€56,997 | -33.5% |
| Plant, machinery and equipment | 23 | €94,575 | €69,068 | -€25,508 | -27.0% |
| Furniture and vehicles | 24 | €75,584 | €44,094 | -€31,490 | -41.7% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €204,443 | €109,871 | -€94,572 | -46.3% |
| Stocks and contracts in progress | 3 | €5,448 | €1,449 | -€3,999 | -73.4% |
| Stocks | 30/36 | €5,448 | €1,449 | -€3,999 | -73.4% |
| Amounts receivable within one year | 40/41 | €7,609 | €2,168 | -€5,441 | -71.5% |
| Trade receivables | 40 | €6,644 | - | -€6,644 | |
| Other amounts receivable | 41 | €965 | €2,168 | +€1,202 | +125% |
| Cash at bank and in hand | 54/58 | €191,386 | €106,254 | -€85,132 | -44.5% |
| Total equity and liabilities | 10/49 | €374,683 | €223,113 | -€151,570 | -40.5% |
| Equity | 10/15 | €340,140 | €175,699 | -€164,442 | -48.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €426,606 | €389,759 | -€36,847 | -8.6% |
| 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 | €31,350 | €31,350 | = | 0.0% |
| Distributable reserves | 133 | €393,396 | €356,549 | -€36,847 | -9.4% |
| Profit (loss) carried forward | 14 | -€98,866 | -€226,460 | -€127,594 | -129% |
| Amounts payable | 17/49 | €34,543 | €47,415 | +€12,872 | +37.3% |
| Amounts payable after more than one year | 17 | €530 | €4,058 | +€3,528 | +666% |
| Financial debts | 170/4 | €530 | €4,058 | +€3,528 | +666% |
| Amounts payable within one year | 42/48 | €34,013 | €43,357 | +€9,344 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €20,102 | €8,077 | -€12,025 | -59.8% |
| Trade debts | 44 | €2,742 | €1,517 | -€1,225 | -44.7% |
| Suppliers | 440/4 | €2,742 | €1,517 | -€1,225 | -44.7% |
| Taxes, remuneration and social security | 45 | €7,714 | €7,382 | -€332 | -4.3% |
| Remuneration and social security | 454/9 | €7,714 | €7,382 | -€332 | -4.3% |
| Other amounts payable | 47/48 | €3,455 | €26,381 | +€22,926 | +664% |
| Remuneration, social security and pensions | 62 | €37,493 | €19,984 | -€17,509 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,361 | €56,997 | +€1,636 | +3.0% |
| Other operating charges | 640/8 | €802 | €860 | +€57 | +7.2% |
| Gross operating margin | 9900 | -€29,415 | -€44,955 | -€15,541 | -52.8% |
| Operating profit (loss) | 9901 | -€123,071 | -€122,796 | +€274 | +0.2% |
| Financial income | 75/76B | €7,416 | €2,278 | -€5,138 | -69.3% |
| Recurring financial income | 75 | €7,416 | €2,278 | -€5,138 | -69.3% |
| Financial charges | 65/66B | €498 | €611 | +€113 | +22.6% |
| Recurring financial charges | 65 | €498 | €611 | +€113 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€116,153 | -€121,129 | -€4,976 | -4.3% |
| Income taxes | 67/77 | €13,915 | €974 | -€12,941 | -93.0% |
| Profit (loss) for the period | 9904 | -€130,068 | -€122,104 | +€7,964 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,068 | -€122,104 | +€7,964 | +6.1% |
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 26 October 2026 via checked.be.