Wingdoors: 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.
Wingdoors
Largest movements
- Cash +€20,835
up €20,835 (+413%), from €5,049 to €25,884
mainly Other debts (+€89,150) and Net result for the year (+€78,671)
- Debts after one year -€164,665
down €164,665 (-24.5%), from €671,705 to €507,040
- Other debts +€89,150
up €89,150 (+165%), from €54,151 to €143,301
- Reserves +€78,671
up €78,671 (+28.7%), from €273,671 to €352,342
- Tax, wage and social debts -€38,075
down €38,075 (-61.7%), from €61,702 to €23,627
- Current portion of long-term debt +€20,059
up €20,059 (+15.4%), from €130,366 to €150,425
- Depreciation +€8,512
up €8,512 (+136%), from €6,242 to €14,754
- Gross operating margin -€7,084
down €7,084 (-4.9%), from €145,019 to €137,935
- Other operating charges +€3,158
up €3,158 (+216%), from €1,459 to €4,616
- Taxes -€2,641
down €2,641 (-9.2%), from €28,638 to €25,997
- Financial charges -€1,472
down €1,472 (-9.6%), from €15,375 to €13,903
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 | €1,357,664 | €1,366,143 | +€8,479 | +0.6% |
| Fixed assets | 21/28 | €1,350,887 | €1,337,636 | -€13,250 | -1.0% |
| Tangible fixed assets | 22/27 | €62,887 | €49,636 | -€13,250 | -21.1% |
| Plant, machinery and equipment | 23 | €6,083 | €4,485 | -€1,598 | -26.3% |
| Furniture and vehicles | 24 | €56,803 | €45,151 | -€11,652 | -20.5% |
| Financial fixed assets | 28 | €1,288,000 | €1,288,000 | = | 0.0% |
| Current assets | 29/58 | €6,778 | €28,507 | +€21,729 | +321% |
| Amounts receivable within one year | 40/41 | €92 | - | -€92 | |
| Trade receivables | 40 | €64 | - | -€64 | |
| Other amounts receivable | 41 | €28 | - | -€28 | |
| Cash at bank and in hand | 54/58 | €5,049 | €25,884 | +€20,835 | +413% |
| Deferred charges and accrued income | 490/1 | €1,637 | €2,623 | +€986 | +60.2% |
| Total equity and liabilities | 10/49 | €1,357,664 | €1,366,143 | +€8,479 | +0.6% |
| Equity | 10/15 | €438,671 | €517,342 | +€78,671 | +17.9% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €273,671 | €352,342 | +€78,671 | +28.7% |
| Distributable reserves | 133 | €273,671 | €352,342 | +€78,671 | +28.7% |
| Amounts payable | 17/49 | €918,993 | €848,800 | -€70,193 | -7.6% |
| Amounts payable after more than one year | 17 | €671,705 | €507,040 | -€164,665 | -24.5% |
| Financial debts | 170/4 | €671,705 | €507,040 | -€164,665 | -24.5% |
| Amounts payable within one year | 42/48 | €247,289 | €341,761 | +€94,472 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €130,366 | €150,425 | +€20,059 | +15.4% |
| Financial debts | 43 | - | €16,697 | +€16,697 | |
| Credit institutions | 430/8 | - | €16,697 | +€16,697 | |
| Trade debts | 44 | €70 | €6,711 | +€6,641 | +9,494% |
| Suppliers | 440/4 | €70 | €6,711 | +€6,641 | +9,494% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €61,702 | €23,627 | -€38,075 | -61.7% |
| Taxes | 450/3 | €61,702 | €23,627 | -€38,075 | -61.7% |
| Other amounts payable | 47/48 | €54,151 | €143,301 | +€89,150 | +165% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,242 | €14,754 | +€8,512 | +136% |
| Other operating charges | 640/8 | €1,459 | €4,616 | +€3,158 | +216% |
| Gross operating margin | 9900 | €145,019 | €137,935 | -€7,084 | -4.9% |
| Operating profit (loss) | 9901 | €137,318 | €118,564 | -€18,753 | -13.7% |
| Financial income | 75/76B | €0 | €7 | +€6 | +10,800% |
| Recurring financial income | 75 | €0 | €7 | +€6 | +10,800% |
| Financial charges | 65/66B | €15,375 | €13,903 | -€1,472 | -9.6% |
| Recurring financial charges | 65 | €15,375 | €13,903 | -€1,472 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €121,943 | €104,668 | -€17,275 | -14.2% |
| Income taxes | 67/77 | €28,638 | €25,997 | -€2,641 | -9.2% |
| Profit (loss) for the period | 9904 | €93,305 | €78,671 | -€14,634 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €93,305 | €78,671 | -€14,634 | -15.7% |
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 20 October 2026 via checked.be.