WINGS AUTOMOTIVE: 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.
WINGS AUTOMOTIVE
Largest movements
- Cash +€21,018
up €21,018 (+1,022%), from €2,056 to €23,075
mainly Net result for the year (+€28,033) and Tax, wage and social debts (+€11,239)
- Tangible fixed assets +€8,365
up €8,365 (+39.8%), from €21,040 to €29,406
of which Furniture and vehicles: +€8,451
- Receivables within one year +€1,598
up €1,598 (+31.9%), from €5,014 to €6,612
of which Other amounts receivable: +€3,723
- Deferred charges and accrued income +€799
up €799 (+323%), from €248 to €1,047
- Reserves +€27,200
up €27,200 (+324%), from €8,385 to €35,585
- Tax, wage and social debts +€11,239
up €11,239 (+412%), from €2,725 to €13,964
- Other debts -€4,797
down €4,797 (-85.2%), from €5,630 to €833
- Trade debts -€1,710
down €1,710 (-70.9%), from €2,412 to €702
- Gross operating margin +€33,091
up €33,091 (+213%), from €15,565 to €48,656
- Taxes +€8,619
up €8,619 (+323%), from €2,672 to €11,292
- Depreciation +€5,564
up €5,564 (+208%), from €2,676 to €8,240
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 | €29,304 | €61,084 | +€31,781 | +108% |
| Fixed assets | 21/28 | €21,040 | €29,406 | +€8,365 | +39.8% |
| Tangible fixed assets | 22/27 | €21,040 | €29,406 | +€8,365 | +39.8% |
| Plant, machinery and equipment | 23 | €7,164 | €7,079 | -€85 | -1.2% |
| Furniture and vehicles | 24 | €13,876 | €22,326 | +€8,451 | +60.9% |
| Current assets | 29/58 | €8,263 | €31,679 | +€23,415 | +283% |
| Stocks and contracts in progress | 3 | €946 | €946 | = | 0.0% |
| Stocks | 30/36 | €946 | €946 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,014 | €6,612 | +€1,598 | +31.9% |
| Trade receivables | 40 | €2,125 | - | -€2,125 | |
| Other amounts receivable | 41 | €2,889 | €6,612 | +€3,723 | +129% |
| Cash at bank and in hand | 54/58 | €2,056 | €23,075 | +€21,018 | +1,022% |
| Deferred charges and accrued income | 490/1 | €248 | €1,047 | +€799 | +323% |
| Total equity and liabilities | 10/49 | €29,304 | €61,084 | +€31,781 | +108% |
| Equity | 10/15 | €18,385 | €45,585 | +€27,200 | +148% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,385 | €35,585 | +€27,200 | +324% |
| Distributable reserves | 133 | €8,385 | €35,585 | +€27,200 | +324% |
| Amounts payable | 17/49 | €10,918 | €15,499 | +€4,581 | +42.0% |
| Amounts payable within one year | 42/48 | €10,918 | €15,499 | +€4,581 | +42.0% |
| Financial debts | 43 | €152 | - | -€152 | |
| Other loans | 439 | €152 | - | -€152 | |
| Trade debts | 44 | €2,412 | €702 | -€1,710 | -70.9% |
| Suppliers | 440/4 | €2,412 | €702 | -€1,710 | -70.9% |
| Taxes, remuneration and social security | 45 | €2,725 | €13,964 | +€11,239 | +412% |
| Taxes | 450/3 | €2,725 | €13,964 | +€11,239 | +412% |
| Other amounts payable | 47/48 | €5,630 | €833 | -€4,797 | -85.2% |
| Non-recurring operating income | 76A | - | €1,379 | +€1,379 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,676 | €8,240 | +€5,564 | +208% |
| Other operating charges | 640/8 | €748 | €1,066 | +€318 | +42.5% |
| Gross operating margin | 9900 | €15,565 | €48,656 | +€33,091 | +213% |
| Operating profit (loss) | 9901 | €12,142 | €39,350 | +€27,209 | +224% |
| Financial income | 75/76B | €6 | €17 | +€11 | +174% |
| Recurring financial income | 75 | €6 | €17 | +€11 | +174% |
| Financial charges | 65/66B | €231 | €42 | -€189 | -81.8% |
| Recurring financial charges | 65 | €231 | €42 | -€189 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €11,917 | €39,325 | +€27,408 | +230% |
| Income taxes | 67/77 | €2,672 | €11,292 | +€8,619 | +323% |
| Profit (loss) for the period | 9904 | €9,244 | €28,033 | +€18,789 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €9,244 | €28,033 | +€18,789 | +203% |
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 28 October 2026 via checked.be.