WING: 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.
WING
Largest movements
- Current investments -€140,169
down €140,169 (-67.7%), from €207,155 to €66,986
- Cash +€113,595
up €113,595 (+4475.1%), from €2,538 to €116,134
mainly Current investments (+€140,169) and Smaller working-capital items (+€71)
- Profit (loss) carried forward -€25,972
down €25,972 (-92.0%), from -€28,234 to -€54,206
- Gross operating margin -€4,320
down €4,320, from €389 to -€3,931
- Depreciation -€1,523
no longer reported in 2025 (was €1,523)
- Financial charges +€846
up €846 (+375.8%), from €225 to €1,071
- Financial income -€552
down €552 (-13.0%), from €4,256 to €3,704
- Other operating charges -€336
down €336 (-19.0%), from €1,774 to €1,438
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 | €292,348 | €265,703 | -€26,644 | -9.1% |
| Fixed assets | 21/28 | €79,337 | €79,337 | = | 0.0% |
| Tangible fixed assets | 22/27 | €79,337 | €79,337 | = | 0.0% |
| Land and buildings | 22 | €79,337 | €79,337 | = | 0.0% |
| Current assets | 29/58 | €213,011 | €186,367 | -€26,644 | -12.5% |
| Amounts receivable within one year | 40/41 | €2,587 | €2,562 | -€25 | -1.0% |
| Other amounts receivable | 41 | €2,587 | €2,562 | -€25 | -1.0% |
| Current investments | 50/53 | €207,155 | €66,986 | -€140,169 | -67.7% |
| Cash at bank and in hand | 54/58 | €2,538 | €116,134 | +€113,595 | +4475.1% |
| Deferred charges and accrued income | 490/1 | €731 | €684 | -€46 | -6.3% |
| Total equity and liabilities | 10/49 | €292,348 | €265,703 | -€26,644 | -9.1% |
| Equity | 10/15 | €291,451 | €265,479 | -€25,972 | -8.9% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €288,698 | €288,698 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €285,599 | €285,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,234 | -€54,206 | -€25,972 | -92.0% |
| Amounts payable | 17/49 | €897 | €225 | -€672 | -75.0% |
| Amounts payable within one year | 42/48 | €897 | €225 | -€672 | -75.0% |
| Trade debts | 44 | €897 | €225 | -€672 | -75.0% |
| Suppliers | 440/4 | €897 | €225 | -€672 | -75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,523 | - | -€1,523 | |
| Other operating charges | 640/8 | €1,774 | €1,438 | -€336 | -19.0% |
| Non-recurring operating charges | 66A | - | €23,237 | +€23,237 | |
| Gross operating margin | 9900 | €389 | -€3,931 | -€4,320 | |
| Operating profit (loss) | 9901 | -€2,909 | -€28,606 | -€25,697 | -883.5% |
| Financial income | 75/76B | €4,256 | €3,704 | -€552 | -13.0% |
| Recurring financial income | 75 | €4,256 | €3,704 | -€552 | -13.0% |
| Financial charges | 65/66B | €225 | €1,071 | +€846 | +375.8% |
| Recurring financial charges | 65 | €225 | €1,071 | +€846 | +375.8% |
| Profit (loss) for the period before taxes | 9903 | €1,123 | -€25,972 | -€27,095 | |
| Profit (loss) for the period | 9904 | €1,123 | -€25,972 | -€27,095 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,123 | -€25,972 | -€27,095 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.