WINFISC: 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.
WINFISC
Largest movements
- Receivables within one year +€112,332
up €112,332 (+44.2%), from €253,867 to €366,199
of which Other amounts receivable: +€135,690
- Current investments -€62,516
down €62,516 (-99.9%), from €62,597 to €81
- Tangible fixed assets -€14,479
down €14,479 (-6.5%), from €221,231 to €206,752
of which Furniture and vehicles: -€12,318
- Reserves +€41,122
up €41,122 (+15.8%), from €260,284 to €301,406
of which Distributable reserves: +€41,122
- Tax, wage and social debts -€6,194
down €6,194 (-44.1%), from €14,053 to €7,858
of which Remuneration and social security: -€6,475
- Gross operating margin -€8,128
down €8,128 (-9.4%), from €86,136 to €78,008
- Depreciation -€6,963
down €6,963 (-32.5%), from €21,443 to €14,479
- Financial income -€3,700
down €3,700 (-97.0%), from €3,815 to €116
- Taxes -€1,144
down €1,144 (-6.6%), from €17,237 to €16,092
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 | €539,812 | €573,907 | +€34,096 | +6.3% |
| Fixed assets | 21/28 | €221,281 | €206,802 | -€14,479 | -6.5% |
| Tangible fixed assets | 22/27 | €221,231 | €206,752 | -€14,479 | -6.5% |
| Land and buildings | 22 | €137,566 | €136,171 | -€1,395 | -1.0% |
| Plant, machinery and equipment | 23 | €71,347 | €70,581 | -€766 | -1.1% |
| Furniture and vehicles | 24 | €12,318 | €0 | -€12,318 | -100.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €318,531 | €367,106 | +€48,575 | +15.2% |
| Amounts receivable within one year | 40/41 | €253,867 | €366,199 | +€112,332 | +44.2% |
| Trade receivables | 40 | €33,927 | €10,570 | -€23,358 | -68.8% |
| Other amounts receivable | 41 | €219,939 | €355,629 | +€135,690 | +61.7% |
| Current investments | 50/53 | €62,597 | €81 | -€62,516 | -99.9% |
| Cash at bank and in hand | 54/58 | €1,762 | €520 | -€1,241 | -70.5% |
| Deferred charges and accrued income | 490/1 | €306 | €306 | = | 0.0% |
| Total equity and liabilities | 10/49 | €539,812 | €573,907 | +€34,096 | +6.3% |
| Equity | 10/15 | €260,284 | €301,406 | +€41,122 | +15.8% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €260,284 | €301,406 | +€41,122 | +15.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,588 | €7,588 | = | 0.0% |
| Distributable reserves | 133 | €252,696 | €293,819 | +€41,122 | +16.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €66,026 | €66,026 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €66,026 | €66,026 | = | 0.0% |
| Pensions and similar obligations | 160 | €66,026 | €66,026 | = | 0.0% |
| Amounts payable | 17/49 | €213,502 | €206,475 | -€7,027 | -3.3% |
| Amounts payable after more than one year | 17 | €160,000 | €160,000 | = | 0.0% |
| Financial debts | 170/4 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,502 | €46,475 | -€7,027 | -13.1% |
| Trade debts | 44 | €27,120 | €31,893 | +€4,773 | +17.6% |
| Suppliers | 440/4 | €27,120 | €31,893 | +€4,773 | +17.6% |
| Taxes, remuneration and social security | 45 | €14,053 | €7,858 | -€6,194 | -44.1% |
| Taxes | 450/3 | €6,153 | €6,433 | +€281 | +4.6% |
| Remuneration and social security | 454/9 | €7,900 | €1,425 | -€6,475 | -82.0% |
| Other amounts payable | 47/48 | €12,329 | €6,724 | -€5,605 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,443 | €14,479 | -€6,963 | -32.5% |
| Other operating charges | 640/8 | €1,326 | €556 | -€770 | -58.1% |
| Gross operating margin | 9900 | €86,136 | €78,008 | -€8,128 | -9.4% |
| Operating profit (loss) | 9901 | €63,367 | €62,973 | -€394 | -0.6% |
| Financial income | 75/76B | €3,815 | €116 | -€3,700 | -97.0% |
| Recurring financial income | 75 | €3,815 | €116 | -€3,700 | -97.0% |
| Financial charges | 65/66B | €5,870 | €5,874 | +€4 | +0.1% |
| Recurring financial charges | 65 | €5,870 | €5,874 | +€4 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €61,312 | €57,215 | -€4,098 | -6.7% |
| Income taxes | 67/77 | €17,237 | €16,092 | -€1,144 | -6.6% |
| Profit (loss) for the period | 9904 | €44,076 | €41,122 | -€2,954 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,076 | €41,122 | -€2,954 | -6.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.