Wingspan: 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.
Wingspan
Largest movements
- Cash -€11,654
down €11,654 (-6.5%), from €180,537 to €168,883
mainly Net result for the year (-€8,875) and Trade debts (-€3,062)
- Reserves -€8,875
down €8,875 (-5.7%), from €154,599 to €145,723
- Trade debts -€3,062
down €3,062 (-86.6%), from €3,536 to €474
- Gross operating margin -€85,436
down €85,436, from €79,363 to -€6,073
- Taxes -€15,173
down €15,173 (-99.1%), from €15,305 to €132
- Depreciation -€2,948
down €2,948 (-73.7%), from €4,000 to €1,052
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 | €188,455 | €178,237 | -€10,218 | -5.4% |
| Fixed assets | 21/28 | €6,810 | €5,758 | -€1,052 | -15.4% |
| Tangible fixed assets | 22/27 | €6,810 | €5,758 | -€1,052 | -15.4% |
| Plant, machinery and equipment | 23 | €2,172 | €1,299 | -€873 | -40.2% |
| Furniture and vehicles | 24 | €4,638 | €4,459 | -€179 | -3.9% |
| Current assets | 29/58 | €181,645 | €172,479 | -€9,166 | -5.0% |
| Amounts receivable within one year | 40/41 | €1,108 | €2,612 | +€1,504 | +135.7% |
| Trade receivables | 40 | €1,108 | €2,612 | +€1,504 | +135.7% |
| Cash at bank and in hand | 54/58 | €180,537 | €168,883 | -€11,654 | -6.5% |
| Deferred charges and accrued income | 490/1 | €0 | €984 | +€984 | |
| Total equity and liabilities | 10/49 | €188,455 | €178,237 | -€10,218 | -5.4% |
| Equity | 10/15 | €156,599 | €147,723 | -€8,875 | -5.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €154,599 | €145,723 | -€8,875 | -5.7% |
| Distributable reserves | 133 | €154,599 | €145,723 | -€8,875 | -5.7% |
| Amounts payable | 17/49 | €31,856 | €30,513 | -€1,343 | -4.2% |
| Amounts payable within one year | 42/48 | €31,856 | €30,513 | -€1,343 | -4.2% |
| Trade debts | 44 | €3,536 | €474 | -€3,062 | -86.6% |
| Suppliers | 440/4 | €3,536 | €474 | -€3,062 | -86.6% |
| Taxes, remuneration and social security | 45 | €16,881 | €17,717 | +€835 | +4.9% |
| Taxes | 450/3 | €16,881 | €17,717 | +€835 | +4.9% |
| Other amounts payable | 47/48 | €11,439 | €12,323 | +€884 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €1,052 | -€2,948 | -73.7% |
| Other operating charges | 640/8 | €754 | €703 | -€51 | -6.8% |
| Gross operating margin | 9900 | €79,363 | -€6,073 | -€85,436 | |
| Operating profit (loss) | 9901 | €74,609 | -€7,828 | -€82,437 | |
| Financial income | 75/76B | €62 | €0 | -€62 | -100.0% |
| Recurring financial income | 75 | €62 | €0 | -€62 | -100.0% |
| Financial charges | 65/66B | €490 | €916 | +€426 | +86.9% |
| Recurring financial charges | 65 | €490 | €916 | +€426 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €74,181 | -€8,743 | -€82,924 | |
| Income taxes | 67/77 | €15,305 | €132 | -€15,173 | -99.1% |
| Profit (loss) for the period | 9904 | €58,876 | -€8,875 | -€67,752 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,876 | -€8,875 | -€67,752 |
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 5 October 2026 via checked.be.