Winger Trademarks: 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.
Winger Trademarks
Largest movements
- Cash -€190,336
down €190,336 (-36.9%), from €515,395 to €325,059
mainly Contributions, distributions and other (-€406,891) and Other debts (-€51,490)
- Receivables within one year +€34,714
up €34,714 (+6.1%), from €566,523 to €601,237
of which Trade receivables: +€96,665
- Intangible fixed assets +€16,338
new in 2025: €16,338
- Tangible fixed assets -€16,266
down €16,266 (-47.1%), from €34,567 to €18,301
of which Furniture and vehicles: -€13,476
- Profit (loss) carried forward -€79,480
down €79,480 (-22.6%), from €352,359 to €272,879
- Other debts -€51,490
down €51,490 (-11.2%), from €458,381 to €406,891
- Trade debts -€38,977
down €38,977 (-19.9%), from €195,576 to €156,599
- Tax, wage and social debts +€23,401
up €23,401 (+23.2%), from €100,773 to €124,173
of which Taxes: +€15,497
- Gross operating margin +€227,651
up €227,651 (+20.3%), from €1.1m to €1.4m
- Staff costs +€86,284
up €86,284 (+11.0%), from €786,724 to €873,008
- Taxes +€33,207
up €33,207 (+41.7%), from €79,541 to €112,748
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 | €1,134,630 | €989,708 | -€144,922 | -12.8% |
| Fixed assets | 21/28 | €36,203 | €38,091 | +€1,888 | +5.2% |
| Intangible fixed assets | 21 | - | €16,338 | +€16,338 | |
| Tangible fixed assets | 22/27 | €34,567 | €18,301 | -€16,266 | -47.1% |
| Furniture and vehicles | 24 | €30,097 | €16,621 | -€13,476 | -44.8% |
| Other tangible fixed assets | 26 | €4,470 | €1,680 | -€2,790 | -62.4% |
| Financial fixed assets | 28 | €1,636 | €3,452 | +€1,816 | +111% |
| Current assets | 29/58 | €1,098,428 | €951,618 | -€146,810 | -13.4% |
| Amounts receivable within one year | 40/41 | €566,523 | €601,237 | +€34,714 | +6.1% |
| Trade receivables | 40 | €414,363 | €511,028 | +€96,665 | +23.3% |
| Other amounts receivable | 41 | €152,160 | €90,209 | -€61,951 | -40.7% |
| Cash at bank and in hand | 54/58 | €515,395 | €325,059 | -€190,336 | -36.9% |
| Deferred charges and accrued income | 490/1 | €16,510 | €25,321 | +€8,812 | +53.4% |
| Total equity and liabilities | 10/49 | €1,134,630 | €989,708 | -€144,922 | -12.8% |
| Equity | 10/15 | €367,314 | €287,834 | -€79,480 | -21.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €2,455 | €2,455 | = | 0.0% |
| Tax-exempt reserves | 132 | €455 | €455 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352,359 | €272,879 | -€79,480 | -22.6% |
| Amounts payable | 17/49 | €767,316 | €701,874 | -€65,442 | -8.5% |
| Amounts payable within one year | 42/48 | €758,398 | €689,145 | -€69,253 | -9.1% |
| Financial debts | 43 | €3,668 | €1,482 | -€2,186 | -59.6% |
| Credit institutions | 430/8 | €3,668 | €1,482 | -€2,186 | -59.6% |
| Trade debts | 44 | €195,576 | €156,599 | -€38,977 | -19.9% |
| Suppliers | 440/4 | €195,576 | €156,599 | -€38,977 | -19.9% |
| Taxes, remuneration and social security | 45 | €100,773 | €124,173 | +€23,401 | +23.2% |
| Taxes | 450/3 | €34,925 | €50,422 | +€15,497 | +44.4% |
| Remuneration and social security | 454/9 | €65,848 | €73,752 | +€7,904 | +12.0% |
| Other amounts payable | 47/48 | €458,381 | €406,891 | -€51,490 | -11.2% |
| Accrued charges and deferred income | 492/3 | €8,918 | €12,729 | +€3,812 | +42.7% |
| Remuneration, social security and pensions | 62 | €786,724 | €873,008 | +€86,284 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,235 | €23,218 | +€9,983 | +75.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€345 | -€345 | |
| Other operating charges | 640/8 | €7,474 | €7,286 | -€188 | -2.5% |
| Gross operating margin | 9900 | €1,123,795 | €1,351,445 | +€227,651 | +20.3% |
| Operating profit (loss) | 9901 | €316,362 | €448,279 | +€131,917 | +41.7% |
| Financial income | 75/76B | €4,078 | €5,752 | +€1,673 | +41.0% |
| Recurring financial income | 75 | €4,078 | €5,752 | +€1,673 | +41.0% |
| Financial charges | 65/66B | €15,727 | €13,871 | -€1,856 | -11.8% |
| Recurring financial charges | 65 | €15,727 | €13,871 | -€1,856 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €304,713 | €440,159 | +€135,447 | +44.5% |
| Income taxes | 67/77 | €79,541 | €112,748 | +€33,207 | +41.7% |
| Profit (loss) for the period | 9904 | €225,171 | €327,411 | +€102,240 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €225,171 | €327,411 | +€102,240 | +45.4% |
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 18 October 2026 via checked.be.