WINGMAN: 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.
WINGMAN
Largest movements
- Cash -€55,833
down €55,833 (-50.7%), from €110,054 to €54,221
mainly Current investments (-€50,000) and Contributions, distributions and other (-€40,000)
- Current investments +€50,000
new in 2025: €50,000
- Financial fixed assets +€33,800
new in 2025: €33,800
- Receivables after one year -€12,500
down €12,500 (-100.0%), from €12,500 to €0
of which Other amounts receivable: -€12,500
- Receivables within one year +€11,447
up €11,447 (+59.6%), from €19,216 to €30,663
of which Other amounts receivable: +€6,300
- Other debts +€22,960
up €22,960 (+707.9%), from €3,243 to €26,204
- Reserves +€5,718
up €5,718 (+3.4%), from €169,753 to €175,472
- Other operating charges +€12,573
up €12,573 (+1709.2%), from €736 to €13,309
- Taxes -€9,026
down €9,026 (-40.4%), from €22,346 to €13,319
- Depreciation +€2,515
up €2,515 (+40.9%), from €6,150 to €8,665
- Gross operating margin -€1,668
down €1,668 (-2.0%), from €84,258 to €82,590
- Financial charges +€1,643
up €1,643 (+415.1%), from €396 to €2,039
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 | €186,725 | €214,446 | +€27,720 | +14.8% |
| Fixed assets | 21/28 | €42,572 | €71,322 | +€28,750 | +67.5% |
| Tangible fixed assets | 22/27 | €42,572 | €37,522 | -€5,050 | -11.9% |
| Furniture and vehicles | 24 | €2,779 | €4,635 | +€1,857 | +66.8% |
| Other tangible fixed assets | 26 | €39,793 | €32,887 | -€6,907 | -17.4% |
| Financial fixed assets | 28 | - | €33,800 | +€33,800 | |
| Current assets | 29/58 | €144,153 | €143,123 | -€1,030 | -0.7% |
| Amounts receivable after more than one year | 29 | €12,500 | €0 | -€12,500 | -100.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €12,500 | €0 | -€12,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €19,216 | €30,663 | +€11,447 | +59.6% |
| Trade receivables | 40 | €18,697 | €23,845 | +€5,148 | +27.5% |
| Other amounts receivable | 41 | €518 | €6,818 | +€6,300 | +1215.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €110,054 | €54,221 | -€55,833 | -50.7% |
| Deferred charges and accrued income | 490/1 | €2,384 | €8,239 | +€5,856 | +245.6% |
| Total equity and liabilities | 10/49 | €186,725 | €214,446 | +€27,720 | +14.8% |
| Equity | 10/15 | €170,753 | €176,472 | +€5,718 | +3.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €169,753 | €175,472 | +€5,718 | +3.4% |
| Distributable reserves | 133 | €169,753 | €175,472 | +€5,718 | +3.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,972 | €37,974 | +€22,002 | +137.8% |
| Amounts payable within one year | 42/48 | €15,780 | €36,693 | +€20,913 | +132.5% |
| Financial debts | 43 | €2,630 | €543 | -€2,086 | -79.3% |
| Credit institutions | 430/8 | €2,630 | €543 | -€2,086 | -79.3% |
| Trade debts | 44 | €1,440 | €2,982 | +€1,542 | +107.1% |
| Suppliers | 440/4 | €1,440 | €2,982 | +€1,542 | +107.1% |
| Taxes, remuneration and social security | 45 | €8,467 | €6,964 | -€1,503 | -17.8% |
| Taxes | 450/3 | €8,467 | €6,964 | -€1,503 | -17.8% |
| Other amounts payable | 47/48 | €3,243 | €26,204 | +€22,960 | +707.9% |
| Accrued charges and deferred income | 492/3 | €192 | €1,281 | +€1,089 | +566.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,150 | €8,665 | +€2,515 | +40.9% |
| Other operating charges | 640/8 | €736 | €13,309 | +€12,573 | +1709.2% |
| Gross operating margin | 9900 | €84,258 | €82,590 | -€1,668 | -2.0% |
| Operating profit (loss) | 9901 | €77,372 | €60,616 | -€16,756 | -21.7% |
| Financial income | 75/76B | €370 | €461 | +€91 | +24.5% |
| Recurring financial income | 75 | €370 | €461 | +€91 | +24.5% |
| Financial charges | 65/66B | €396 | €2,039 | +€1,643 | +415.1% |
| Recurring financial charges | 65 | €396 | €2,039 | +€1,643 | +415.1% |
| Profit (loss) for the period before taxes | 9903 | €77,346 | €59,038 | -€18,308 | -23.7% |
| Income taxes | 67/77 | €22,346 | €13,319 | -€9,026 | -40.4% |
| Profit (loss) for the period | 9904 | €55,000 | €45,718 | -€9,282 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,000 | €45,718 | -€9,282 | -16.9% |
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 2 October 2026 via checked.be.