WINGS SOFTWARE: 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 SOFTWARE
Largest movements
- Current investments +€1.2m
new in 2025: €1.2m
- Cash -€941,083
down €941,083 (-84.0%), from €1.1m to €179,376
mainly Current investments (-€1.2m) and Contributions, distributions and other (-€1.0m)
- Intangible fixed assets +€90,590
up €90,590 (+43.8%), from €206,957 to €297,547
- Receivables within one year +€44,132
up €44,132 (+11.1%), from €396,257 to €440,388
of which Other amounts receivable: +€57,730
- Deferred charges and accrued income +€27,403
up €27,403 (+69.3%), from €39,515 to €66,918
- Other debts +€1.0m
up €1.0m (+579,633%), from €173 to €1.0m
- Reserves -€433,378
down €433,378 (-55.3%), from €783,189 to €349,811
- Accrued charges and deferred income -€117,239
down €117,239 (-15.7%), from €746,830 to €629,591
- Trade debts -€28,514
down €28,514 (-23.1%), from €123,529 to €95,015
- Gross operating margin +€257,402
up €257,402 (+23.0%), from €1.1m to €1.4m
- Depreciation +€67,603
up €67,603 (+306%), from €22,101 to €89,704
- Taxes +€41,472
up €41,472 (+28.8%), from €144,093 to €185,565
- Staff costs +€34,741
up €34,741 (+6.7%), from €517,953 to €552,694
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 | €1,789,342 | €2,212,739 | +€423,398 | +23.7% |
| Fixed assets | 21/28 | €233,111 | €326,056 | +€92,946 | +39.9% |
| Intangible fixed assets | 21 | €206,957 | €297,547 | +€90,590 | +43.8% |
| Tangible fixed assets | 22/27 | €25,954 | €28,309 | +€2,355 | +9.1% |
| Land and buildings | 22 | €5,372 | €10,100 | +€4,728 | +88.0% |
| Plant, machinery and equipment | 23 | €14,242 | €15,829 | +€1,587 | +11.1% |
| Furniture and vehicles | 24 | €6,340 | €2,380 | -€3,960 | -62.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,556,231 | €1,886,683 | +€330,452 | +21.2% |
| Amounts receivable within one year | 40/41 | €396,257 | €440,388 | +€44,132 | +11.1% |
| Trade receivables | 40 | €361,221 | €347,622 | -€13,599 | -3.8% |
| Other amounts receivable | 41 | €35,036 | €92,766 | +€57,730 | +165% |
| Current investments | 50/53 | - | €1,200,000 | +€1.2m | |
| Cash at bank and in hand | 54/58 | €1,120,459 | €179,376 | -€941,083 | -84.0% |
| Deferred charges and accrued income | 490/1 | €39,515 | €66,918 | +€27,403 | +69.3% |
| Total equity and liabilities | 10/49 | €1,789,342 | €2,212,739 | +€423,398 | +23.7% |
| Equity | 10/15 | €803,189 | €369,811 | -€433,378 | -54.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €783,189 | €349,811 | -€433,378 | -55.3% |
| Distributable reserves | 133 | €783,189 | €349,811 | -€433,378 | -55.3% |
| Amounts payable | 17/49 | €986,153 | €1,842,928 | +€856,776 | +86.9% |
| Amounts payable within one year | 42/48 | €239,323 | €1,213,337 | +€974,015 | +407% |
| Trade debts | 44 | €123,529 | €95,015 | -€28,514 | -23.1% |
| Suppliers | 440/4 | €123,529 | €95,015 | -€28,514 | -23.1% |
| Advances received on contracts in progress | 46 | €1,850 | - | -€1,850 | |
| Taxes, remuneration and social security | 45 | €113,771 | €117,645 | +€3,874 | +3.4% |
| Taxes | 450/3 | €31,515 | €25,796 | -€5,719 | -18.1% |
| Remuneration and social security | 454/9 | €82,256 | €91,848 | +€9,593 | +11.7% |
| Other amounts payable | 47/48 | €173 | €1,000,678 | +€1.0m | +579,633% |
| Accrued charges and deferred income | 492/3 | €746,830 | €629,591 | -€117,239 | -15.7% |
| Non-recurring operating income | 76A | - | €11,846 | +€11,846 | |
| Remuneration, social security and pensions | 62 | €517,953 | €552,694 | +€34,741 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,101 | €89,704 | +€67,603 | +306% |
| Other operating charges | 640/8 | €5,792 | €5,985 | +€193 | +3.3% |
| Gross operating margin | 9900 | €1,116,889 | €1,374,291 | +€257,402 | +23.0% |
| Operating profit (loss) | 9901 | €571,042 | €725,908 | +€154,866 | +27.1% |
| Financial income | 75/76B | €16,943 | €27,789 | +€10,845 | +64.0% |
| Recurring financial income | 75 | €16,943 | €27,789 | +€10,845 | +64.0% |
| Financial charges | 65/66B | €1,929 | €1,510 | -€419 | -21.7% |
| Recurring financial charges | 65 | €1,431 | €1,510 | +€78 | +5.5% |
| Non-recurring financial charges | 66B | €497 | - | -€497 | |
| Profit (loss) for the period before taxes | 9903 | €586,057 | €752,187 | +€166,131 | +28.3% |
| Income taxes | 67/77 | €144,093 | €185,565 | +€41,472 | +28.8% |
| Profit (loss) for the period | 9904 | €441,964 | €566,622 | +€124,658 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €441,964 | €566,622 | +€124,658 | +28.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.