Wingor: 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.
Wingor
Largest movements
- Tangible fixed assets -€10,797
down €10,797 (-42.8%), from €25,205 to €14,407
of which Furniture and vehicles: -€8,360
- Cash +€5,371
up €5,371 (+38.5%), from €13,951 to €19,322
mainly Net result for the year (+€25,839) and Depreciation (+€10,797)
- Receivables within one year -€1,344
down €1,344 (-5.5%), from €24,258 to €22,914
of which Trade receivables: -€5,432
- Stocks and contracts -€1,057
down €1,057 (-25.5%), from €4,142 to €3,085
- Short-term financial debts -€22,425
down €22,425 (-99.1%), from €22,637 to €212
- Profit (loss) carried forward +€16,062
no longer reported in 2025 (was -€16,062)
- Current portion of long-term debt -€10,287
down €10,287 (-81.8%), from €12,577 to €2,291
- Reserves +€9,777
up €9,777 (+488.8%), from €2,000 to €11,777
of which Distributable reserves: +€9,777
- Other debts +€2,492
up €2,492 (+13.7%), from €18,136 to €20,628
- Gross operating margin +€21,742
up €21,742 (+109.0%), from €19,944 to €41,686
- Financial charges +€1,319
up €1,319 (+66.6%), from €1,980 to €3,299
- Financial income -€714
down €714 (-96.6%), from €740 to €25
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 | €72,129 | €64,301 | -€7,828 | -10.9% |
| Fixed assets | 21/28 | €25,340 | €14,542 | -€10,797 | -42.6% |
| Tangible fixed assets | 22/27 | €25,205 | €14,407 | -€10,797 | -42.8% |
| Land and buildings | 22 | €5,906 | €3,695 | -€2,211 | -37.4% |
| Furniture and vehicles | 24 | €18,713 | €10,353 | -€8,360 | -44.7% |
| Other tangible fixed assets | 26 | €586 | €359 | -€226 | -38.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €46,789 | €49,759 | +€2,970 | +6.3% |
| Stocks and contracts in progress | 3 | €4,142 | €3,085 | -€1,057 | -25.5% |
| Stocks | 30/36 | €4,142 | €3,085 | -€1,057 | -25.5% |
| Amounts receivable within one year | 40/41 | €24,258 | €22,914 | -€1,344 | -5.5% |
| Trade receivables | 40 | €24,258 | €18,826 | -€5,432 | -22.4% |
| Other amounts receivable | 41 | - | €4,088 | +€4,088 | |
| Cash at bank and in hand | 54/58 | €13,951 | €19,322 | +€5,371 | +38.5% |
| Deferred charges and accrued income | 490/1 | €4,438 | €4,438 | = | 0.0% |
| Total equity and liabilities | 10/49 | €72,129 | €64,301 | -€7,828 | -10.9% |
| Equity | 10/15 | €5,938 | €31,777 | +€25,839 | +435.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €11,777 | +€9,777 | +488.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €9,777 | +€9,777 | |
| Profit (loss) carried forward | 14 | -€16,062 | - | +€16,062 | |
| Amounts payable | 17/49 | €66,191 | €32,524 | -€33,667 | -50.9% |
| Amounts payable after more than one year | 17 | €2,291 | - | -€2,291 | |
| Financial debts | 170/4 | €2,291 | - | -€2,291 | |
| Amounts payable within one year | 42/48 | €63,900 | €32,524 | -€31,376 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €12,577 | €2,291 | -€10,287 | -81.8% |
| Financial debts | 43 | €22,637 | €212 | -€22,425 | -99.1% |
| Credit institutions | 430/8 | €22,637 | €212 | -€22,425 | -99.1% |
| Trade debts | 44 | €3,076 | €4,006 | +€931 | +30.3% |
| Suppliers | 440/4 | €3,076 | €4,006 | +€931 | +30.3% |
| Advances received on contracts in progress | 46 | €406 | €406 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,069 | €4,982 | -€2,087 | -29.5% |
| Taxes | 450/3 | €3,831 | €2,400 | -€1,431 | -37.3% |
| Remuneration and social security | 454/9 | €3,238 | €2,581 | -€656 | -20.3% |
| Other amounts payable | 47/48 | €18,136 | €20,628 | +€2,492 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,797 | €10,797 | = | 0.0% |
| Other operating charges | 640/8 | €1,626 | €1,268 | -€358 | -22.0% |
| Gross operating margin | 9900 | €19,944 | €41,686 | +€21,742 | +109.0% |
| Operating profit (loss) | 9901 | €7,521 | €29,621 | +€22,100 | +293.8% |
| Financial income | 75/76B | €740 | €25 | -€714 | -96.6% |
| Recurring financial income | 75 | €740 | €25 | -€714 | -96.6% |
| Financial charges | 65/66B | €1,980 | €3,299 | +€1,319 | +66.6% |
| Recurring financial charges | 65 | €1,980 | €3,299 | +€1,319 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | €6,281 | €26,347 | +€20,067 | +319.5% |
| Income taxes | 67/77 | €140 | €508 | +€369 | +264.4% |
| Profit (loss) for the period | 9904 | €6,141 | €25,839 | +€19,698 | +320.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,141 | €25,839 | +€19,698 | +320.8% |
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.