WINGS IT: 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.
WINGS IT
Largest movements
- Cash +€45,618
up €45,618 (+40.3%), from €113,182 to €158,800
mainly Net result for the year (+€44,223) and Receivables within one year (+€3,466)
- Receivables within one year -€3,466
down €3,466 (-10.5%), from €33,063 to €29,597
of which Trade receivables: -€7,111
- Reserves +€44,223
up €44,223 (+35.2%), from €125,643 to €169,866
- Tax, wage and social debts -€5,248
down €5,248 (-30.2%), from €17,373 to €12,125
- Trade debts +€2,948
up €2,948 (+97.6%), from €3,020 to €5,968
- Gross operating margin -€27,836
down €27,836 (-31.7%), from €87,921 to €60,085
- Taxes -€5,248
down €5,248 (-30.2%), from €17,373 to €12,125
- Financial charges -€1,192
down €1,192 (-43.3%), from €2,753 to €1,561
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 | €152,164 | €193,557 | +€41,393 | +27.2% |
| Fixed assets | 21/28 | €4,058 | €3,213 | -€846 | -20.8% |
| Tangible fixed assets | 22/27 | €4,058 | €3,213 | -€846 | -20.8% |
| Plant, machinery and equipment | 23 | €1,397 | €993 | -€404 | -28.9% |
| Furniture and vehicles | 24 | €2,662 | €2,220 | -€442 | -16.6% |
| Current assets | 29/58 | €148,106 | €190,345 | +€42,238 | +28.5% |
| Amounts receivable within one year | 40/41 | €33,063 | €29,597 | -€3,466 | -10.5% |
| Trade receivables | 40 | €24,433 | €17,323 | -€7,111 | -29.1% |
| Other amounts receivable | 41 | €8,629 | €12,275 | +€3,645 | +42.2% |
| Cash at bank and in hand | 54/58 | €113,182 | €158,800 | +€45,618 | +40.3% |
| Deferred charges and accrued income | 490/1 | €1,861 | €1,947 | +€86 | +4.6% |
| Total equity and liabilities | 10/49 | €152,164 | €193,557 | +€41,393 | +27.2% |
| Equity | 10/15 | €130,643 | €174,866 | +€44,223 | +33.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €125,643 | €169,866 | +€44,223 | +35.2% |
| Distributable reserves | 133 | €125,643 | €169,866 | +€44,223 | +35.2% |
| Amounts payable | 17/49 | €21,521 | €18,691 | -€2,830 | -13.1% |
| Amounts payable within one year | 42/48 | €20,393 | €18,093 | -€2,301 | -11.3% |
| Trade debts | 44 | €3,020 | €5,968 | +€2,948 | +97.6% |
| Suppliers | 440/4 | €3,020 | €5,968 | +€2,948 | +97.6% |
| Taxes, remuneration and social security | 45 | €17,373 | €12,125 | -€5,248 | -30.2% |
| Taxes | 450/3 | €17,373 | €12,125 | -€5,248 | -30.2% |
| Accrued charges and deferred income | 492/3 | €1,128 | €598 | -€529 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,392 | €1,872 | +€480 | +34.5% |
| Other operating charges | 640/8 | €97 | €333 | +€236 | +243.3% |
| Gross operating margin | 9900 | €87,921 | €60,085 | -€27,836 | -31.7% |
| Operating profit (loss) | 9901 | €86,432 | €57,880 | -€28,552 | -33.0% |
| Financial income | 75/76B | €0 | €28 | +€28 | +278400.0% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +278400.0% |
| Financial charges | 65/66B | €2,753 | €1,561 | -€1,192 | -43.3% |
| Recurring financial charges | 65 | €2,753 | €1,561 | -€1,192 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €83,680 | €56,347 | -€27,332 | -32.7% |
| Income taxes | 67/77 | €17,373 | €12,125 | -€5,248 | -30.2% |
| Profit (loss) for the period | 9904 | €66,307 | €44,223 | -€22,084 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,307 | €44,223 | -€22,084 | -33.3% |
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 7 October 2026 via checked.be.