WINFO: 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.
WINFO
Largest movements
- Current investments +€72,660
up €72,660 (+10.8%), from €671,820 to €744,480
- Receivables within one year +€34,631
up €34,631 (+93.8%), from €36,918 to €71,550
of which Trade receivables: +€36,543
- Tangible fixed assets -€11,871
down €11,871 (-6.1%), from €194,384 to €182,513
of which Land and buildings: -€10,975
- Reserves +€116,688
up €116,688 (+16.2%), from €721,876 to €838,564
- Other debts -€32,364
down €32,364 (-75.3%), from €42,975 to €10,611
- Gross operating margin +€37,210
up €37,210 (+31.1%), from €119,516 to €156,726
- Financial charges -€34,758
down €34,758 (-96.6%), from €35,990 to €1,232
- Taxes +€13,297
up €13,297 (+37.8%), from €35,136 to €48,433
- Financial income -€5,251
down €5,251 (-18.9%), from €27,744 to €22,494
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 | €926,319 | €1,016,153 | +€89,835 | +9.7% |
| Fixed assets | 21/28 | €194,384 | €182,513 | -€11,871 | -6.1% |
| Tangible fixed assets | 22/27 | €194,384 | €182,513 | -€11,871 | -6.1% |
| Land and buildings | 22 | €182,301 | €171,326 | -€10,975 | -6.0% |
| Plant, machinery and equipment | 23 | €12,083 | €11,187 | -€896 | -7.4% |
| Current assets | 29/58 | €731,935 | €833,640 | +€101,705 | +13.9% |
| Amounts receivable within one year | 40/41 | €36,918 | €71,550 | +€34,631 | +93.8% |
| Trade receivables | 40 | €34,954 | €71,498 | +€36,543 | +104.5% |
| Other amounts receivable | 41 | €1,964 | €52 | -€1,912 | -97.4% |
| Current investments | 50/53 | €671,820 | €744,480 | +€72,660 | +10.8% |
| Cash at bank and in hand | 54/58 | €21,885 | €16,637 | -€5,248 | -24.0% |
| Deferred charges and accrued income | 490/1 | €1,312 | €973 | -€338 | -25.8% |
| Total equity and liabilities | 10/49 | €926,319 | €1,016,153 | +€89,835 | +9.7% |
| Equity | 10/15 | €875,468 | €992,156 | +€116,688 | +13.3% |
| Contributions | 10/11 | €153,592 | €153,592 | = | 0.0% |
| Reserves | 13 | €721,876 | €838,564 | +€116,688 | +16.2% |
| Distributable reserves | 133 | €721,876 | €838,564 | +€116,688 | +16.2% |
| Amounts payable | 17/49 | €50,851 | €23,997 | -€26,854 | -52.8% |
| Amounts payable within one year | 42/48 | €49,801 | €22,947 | -€26,854 | -53.9% |
| Trade debts | 44 | €2,820 | €907 | -€1,913 | -67.8% |
| Suppliers | 440/4 | €2,820 | €907 | -€1,913 | -67.8% |
| Taxes, remuneration and social security | 45 | €4,005 | €11,428 | +€7,423 | +185.3% |
| Taxes | 450/3 | €4,005 | €11,428 | +€7,423 | +185.3% |
| Other amounts payable | 47/48 | €42,975 | €10,611 | -€32,364 | -75.3% |
| Accrued charges and deferred income | 492/3 | €1,050 | €1,050 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,893 | €11,871 | -€22 | -0.2% |
| Other operating charges | 640/8 | €980 | €996 | +€16 | +1.7% |
| Gross operating margin | 9900 | €119,516 | €156,726 | +€37,210 | +31.1% |
| Operating profit (loss) | 9901 | €106,644 | €143,860 | +€37,216 | +34.9% |
| Financial income | 75/76B | €27,744 | €22,494 | -€5,251 | -18.9% |
| Recurring financial income | 75 | €27,744 | €22,494 | -€5,251 | -18.9% |
| Financial charges | 65/66B | €35,990 | €1,232 | -€34,758 | -96.6% |
| Recurring financial charges | 65 | €35,990 | €1,232 | -€34,758 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €98,398 | €165,122 | +€66,723 | +67.8% |
| Income taxes | 67/77 | €35,136 | €48,433 | +€13,297 | +37.8% |
| Profit (loss) for the period | 9904 | €63,262 | €116,688 | +€53,426 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,262 | €116,688 | +€53,426 | +84.5% |
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 29 September 2026 via checked.be.