WINGMAN: 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.
WINGMAN
Largest movements
- Cash +€56,061
up €56,061 (+62.8%), from €89,297 to €145,357
mainly Net result for the year (+€52,642) and Other debts (+€52,638)
- Receivables within one year -€6,721
down €6,721 (-15.2%), from €44,340 to €37,619
of which Trade receivables: -€7,498
- Other debts +€52,638
up €52,638 (+102,389%), from €51 to €52,690
- Gross operating margin +€11,664
up €11,664 (+15.2%), from €76,586 to €88,250
- Taxes -€6,256
down €6,256 (-30.5%), from €20,479 to €14,223
- Other operating charges +€1,474
up €1,474 (+309%), from €477 to €1,952
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 | €137,111 | €189,582 | +€52,471 | +38.3% |
| Fixed assets | 21/28 | €2,310 | €4,152 | +€1,842 | +79.7% |
| Tangible fixed assets | 22/27 | €2,160 | €4,002 | +€1,842 | +85.3% |
| Furniture and vehicles | 24 | €2,160 | €4,002 | +€1,842 | +85.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €134,800 | €185,430 | +€50,629 | +37.6% |
| Amounts receivable within one year | 40/41 | €44,340 | €37,619 | -€6,721 | -15.2% |
| Trade receivables | 40 | €44,340 | €36,842 | -€7,498 | -16.9% |
| Other amounts receivable | 41 | - | €777 | +€777 | |
| Cash at bank and in hand | 54/58 | €89,297 | €145,357 | +€56,061 | +62.8% |
| Deferred charges and accrued income | 490/1 | €1,164 | €2,454 | +€1,289 | +111% |
| Total equity and liabilities | 10/49 | €137,111 | €189,582 | +€52,471 | +38.3% |
| Equity | 10/15 | €107,992 | €107,992 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €104,992 | €104,992 | = | 0.0% |
| Distributable reserves | 133 | €104,992 | €104,992 | = | 0.0% |
| Amounts payable | 17/49 | €29,118 | €81,590 | +€52,471 | +180% |
| Amounts payable within one year | 42/48 | €29,118 | €81,590 | +€52,471 | +180% |
| Trade debts | 44 | €2,376 | €584 | -€1,791 | -75.4% |
| Suppliers | 440/4 | €2,376 | €584 | -€1,791 | -75.4% |
| Taxes, remuneration and social security | 45 | €26,692 | €28,316 | +€1,624 | +6.1% |
| Taxes | 450/3 | €26,692 | €28,316 | +€1,624 | +6.1% |
| Other amounts payable | 47/48 | €51 | €52,690 | +€52,638 | +102,389% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €1,158 | +€233 | +25.2% |
| Other operating charges | 640/8 | €477 | €1,952 | +€1,474 | +309% |
| Non-recurring operating charges | 66A | - | €15,580 | +€15,580 | |
| Gross operating margin | 9900 | €76,586 | €88,250 | +€11,664 | +15.2% |
| Operating profit (loss) | 9901 | €75,183 | €69,560 | -€5,623 | -7.5% |
| Financial charges | 65/66B | €2,624 | €2,695 | +€72 | +2.7% |
| Recurring financial charges | 65 | €2,624 | €2,695 | +€72 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €72,559 | €66,865 | -€5,694 | -7.8% |
| Income taxes | 67/77 | €20,479 | €14,223 | -€6,256 | -30.5% |
| Profit (loss) for the period | 9904 | €52,081 | €52,642 | +€561 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,081 | €52,642 | +€561 | +1.1% |
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 17 October 2026 via checked.be.