Wing Upkot: 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.
Wing Upkot
Largest movements
- Tangible fixed assets +€14.0m
up €14.0m (+2,432%), from €574,535 to €14.5m
of which Land and buildings: +€14.5m
- Receivables within one year +€435,067
new in 2025: €435,067
- Contributions +€12.3m
up €12.3m (+2,111%), from €580,733 to €12.8m
- Revaluation surpluses +€2.3m
new in 2025: €2.3m
- Gross operating margin -€20,739
down €20,739 (-1,728%), from -€1,200 to -€21,939
- Other operating charges +€397
up €397 (+76.9%), from €516 to €913
- Financial charges +€247
up €247 (+115%), from €214 to €461
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €582,125 | €14,988,101 | +€14.4m | +2,475% |
| Fixed assets | 21/28 | €574,535 | €14,549,846 | +€14.0m | +2,432% |
| Tangible fixed assets | 22/27 | €574,535 | €14,549,846 | +€14.0m | +2,432% |
| Land and buildings | 22 | - | €14,549,846 | +€14.5m | |
| Other tangible fixed assets | 26 | €574,535 | €0 | -€574,535 | -100% |
| Current assets | 29/58 | €7,590 | €438,255 | +€430,665 | +5,674% |
| Amounts receivable within one year | 40/41 | - | €435,067 | +€435,067 | |
| Other amounts receivable | 41 | - | €435,067 | +€435,067 | |
| Cash at bank and in hand | 54/58 | €7,590 | €3,140 | -€4,450 | -58.6% |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €582,125 | €14,988,101 | +€14.4m | +2,475% |
| Equity | 10/15 | €486,004 | €14,987,788 | +€14.5m | +2,984% |
| Contributions | 10/11 | €580,733 | €12,839,359 | +€12.3m | +2,111% |
| Revaluation surpluses | 12 | - | €2,266,469 | +€2.3m | |
| Reserves | 13 | €8,301 | €8,301 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,363 | €2,363 | = | 0.0% |
| Distributable reserves | 133 | €5,938 | €5,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,029 | -€126,341 | -€23,312 | -22.6% |
| Amounts payable | 17/49 | €96,121 | €313 | -€95,807 | -99.7% |
| Amounts payable within one year | 42/48 | €95,447 | €23 | -€95,424 | -100.0% |
| Trade debts | 44 | €447 | €23 | -€424 | -94.9% |
| Suppliers | 440/4 | €447 | €23 | -€424 | -94.9% |
| Other amounts payable | 47/48 | €95,000 | €0 | -€95,000 | -100% |
| Accrued charges and deferred income | 492/3 | €674 | €291 | -€384 | -56.9% |
| Other operating charges | 640/8 | €516 | €913 | +€397 | +76.9% |
| Gross operating margin | 9900 | -€1,200 | -€21,939 | -€20,739 | -1,728% |
| Operating profit (loss) | 9901 | -€1,716 | -€22,852 | -€21,136 | -1,232% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €214 | €461 | +€247 | +115% |
| Recurring financial charges | 65 | €214 | €461 | +€247 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€1,930 | -€23,312 | -€21,382 | -1,108% |
| Profit (loss) for the period | 9904 | -€1,930 | -€23,312 | -€21,382 | -1,108% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,930 | -€23,312 | -€21,382 | -1,108% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.