WINGFIELD: 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.
WINGFIELD
Largest movements
- Tangible fixed assets -€57,245
down €57,245 (-12.3%), from €464,206 to €406,962
of which Land and buildings: -€50,424
- Cash -€35,449
down €35,449 (-91.5%), from €38,760 to €3,311
mainly Debts after one year (-€88,153) and Investment in fixed assets (net) (-€20,819)
- Receivables within one year +€7,790
up €7,790 (+59.4%), from €13,126 to €20,917
of which Trade receivables: +€8,021
- Debts after one year -€88,153
down €88,153 (-31.8%), from €276,936 to €188,783
- Other debts +€36,245
up €36,245 (+172.8%), from €20,973 to €57,218
- Profit (loss) carried forward -€16,401
down €16,401 (-59.8%), from -€27,442 to -€43,843
- Current portion of long-term debt -€11,948
down €11,948 (-11.9%), from €100,101 to €88,153
- Staff costs +€31,161
up €31,161 (+49.8%), from €62,551 to €93,712
- Gross operating margin -€11,447
down €11,447 (-6.4%), from €178,374 to €166,927
- Financial charges -€2,411
down €2,411 (-22.3%), from €10,809 to €8,398
of which Financial charges: -€2,405
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 | €525,876 | €441,537 | -€84,340 | -16.0% |
| Fixed assets | 21/28 | €467,921 | €410,758 | -€57,162 | -12.2% |
| Tangible fixed assets | 22/27 | €464,206 | €406,962 | -€57,245 | -12.3% |
| Land and buildings | 22 | €360,459 | €310,035 | -€50,424 | -14.0% |
| Plant, machinery and equipment | 23 | €96,909 | €91,510 | -€5,400 | -5.6% |
| Furniture and vehicles | 24 | €6,838 | €5,417 | -€1,421 | -20.8% |
| Financial fixed assets | 28 | €3,714 | €3,797 | +€83 | +2.2% |
| Current assets | 29/58 | €57,956 | €30,778 | -€27,177 | -46.9% |
| Stocks and contracts in progress | 3 | €1,830 | €1,025 | -€805 | -44.0% |
| Stocks | 30/36 | €1,830 | €1,025 | -€805 | -44.0% |
| Amounts receivable within one year | 40/41 | €13,126 | €20,917 | +€7,790 | +59.4% |
| Trade receivables | 40 | €126 | €8,147 | +€8,021 | +6357.0% |
| Other amounts receivable | 41 | €13,000 | €12,769 | -€231 | -1.8% |
| Current investments | 50/53 | €4,240 | €4,240 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,760 | €3,311 | -€35,449 | -91.5% |
| Deferred charges and accrued income | 490/1 | - | €1,286 | +€1,286 | |
| Total equity and liabilities | 10/49 | €525,876 | €441,537 | -€84,340 | -16.0% |
| Equity | 10/15 | €86,812 | €70,411 | -€16,401 | -18.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €52,254 | €52,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €46,054 | €46,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,442 | -€43,843 | -€16,401 | -59.8% |
| Amounts payable | 17/49 | €439,064 | €371,126 | -€67,939 | -15.5% |
| Amounts payable after more than one year | 17 | €276,936 | €188,783 | -€88,153 | -31.8% |
| Financial debts | 170/4 | €276,936 | €188,783 | -€88,153 | -31.8% |
| Amounts payable within one year | 42/48 | €162,129 | €182,343 | +€20,214 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €100,101 | €88,153 | -€11,948 | -11.9% |
| Financial debts | 43 | €3,787 | €3,783 | -€4 | -0.1% |
| Other loans | 439 | €3,787 | €3,783 | -€4 | -0.1% |
| Trade debts | 44 | €19,832 | €17,369 | -€2,463 | -12.4% |
| Suppliers | 440/4 | €19,832 | €17,369 | -€2,463 | -12.4% |
| Taxes, remuneration and social security | 45 | €17,436 | €15,820 | -€1,615 | -9.3% |
| Taxes | 450/3 | €13,657 | €11,277 | -€2,380 | -17.4% |
| Remuneration and social security | 454/9 | €3,779 | €4,544 | +€765 | +20.2% |
| Other amounts payable | 47/48 | €20,973 | €57,218 | +€36,245 | +172.8% |
| Non-recurring operating income | 76A | €2,872 | €1 | -€2,872 | -100.0% |
| Remuneration, social security and pensions | 62 | €62,551 | €93,712 | +€31,161 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,343 | €77,981 | +€638 | +0.8% |
| Other operating charges | 640/8 | €2,324 | €2,668 | +€345 | +14.8% |
| Gross operating margin | 9900 | €178,374 | €166,927 | -€11,447 | -6.4% |
| Operating profit (loss) | 9901 | €36,156 | -€7,434 | -€43,591 | |
| Financial income | 75/76B | - | €139 | +€139 | |
| Recurring financial income | 75 | - | €139 | +€139 | |
| Financial charges | 65/66B | €10,809 | €8,398 | -€2,411 | -22.3% |
| Recurring financial charges | 65 | €10,787 | €8,382 | -€2,405 | -22.3% |
| Non-recurring financial charges | 66B | €22 | €16 | -€6 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €25,348 | -€15,694 | -€41,041 | |
| Income taxes | 67/77 | €678 | €707 | +€29 | +4.3% |
| Profit (loss) for the period | 9904 | €24,670 | -€16,401 | -€41,070 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,670 | -€16,401 | -€41,070 |
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 6 October 2026 via checked.be.