WINI: 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.
WINI
Largest movements
- Current investments +€1.3m
new in 2025: €1.3m
- Cash +€254,289
up €254,289 (+9,446%), from €2,692 to €256,981
mainly Net result for the year (+€1.4m) and Tax, wage and social debts (+€140,845)
- Receivables within one year -€32,000
no longer reported in 2025 (was €32,000)
- Tangible fixed assets +€29,013
up €29,013 (+14.5%), from €199,862 to €228,875
of which Furniture and vehicles: +€29,337
- Reserves +€1.4m
up €1.4m (+4,124%), from €33,446 to €1.4m
of which Distributable reserves: +€1.3m
- Tax, wage and social debts +€140,845
up €140,845 (+605%), from €23,296 to €164,141
- Profit (loss) carried forward +€36,062
up €36,062, from -€36,062 to €0
- Current portion of long-term debt -€24,995
no longer reported in 2025 (was €24,995)
- Other debts -€22,134
down €22,134 (-30.4%), from €72,740 to €50,606
- Financial income +€1.5m
new in 2025: €1.5m
- Taxes +€151,588
new in 2025: €151,588
- Gross operating margin +€56,434
up €56,434 (+81.2%), from €69,526 to €125,960
- Depreciation -€9,409
down €9,409 (-90.1%), from €10,446 to €1,037
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 | €680,101 | €2,208,063 | +€1.5m | +225% |
| Fixed assets | 21/28 | €644,862 | €673,875 | +€29,013 | +4.5% |
| Tangible fixed assets | 22/27 | €199,862 | €228,875 | +€29,013 | +14.5% |
| Land and buildings | 22 | €190,987 | €190,987 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,943 | €1,619 | -€324 | -16.7% |
| Furniture and vehicles | 24 | €6,933 | €36,270 | +€29,337 | +423% |
| Financial fixed assets | 28 | €445,000 | €445,000 | = | 0.0% |
| Current assets | 29/58 | €35,238 | €1,534,188 | +€1.5m | +4,254% |
| Amounts receivable within one year | 40/41 | €32,000 | - | -€32,000 | |
| Trade receivables | 40 | €32,000 | - | -€32,000 | |
| Current investments | 50/53 | - | €1,276,641 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €2,692 | €256,981 | +€254,289 | +9,446% |
| Deferred charges and accrued income | 490/1 | €546 | €565 | +€19 | +3.4% |
| Total equity and liabilities | 10/49 | €680,101 | €2,208,063 | +€1.5m | +225% |
| Equity | 10/15 | €442,384 | €1,857,654 | +€1.4m | +320% |
| Contributions | 10/11 | €445,000 | €445,000 | = | 0.0% |
| Reserves | 13 | €33,446 | €1,412,654 | +€1.4m | +4,124% |
| Tax-exempt reserves | 132 | - | €29,470 | +€29,470 | |
| Distributable reserves | 133 | €33,446 | €1,383,184 | +€1.3m | +4,036% |
| Profit (loss) carried forward | 14 | -€36,062 | €0 | +€36,062 | |
| Amounts payable | 17/49 | €237,717 | €350,408 | +€112,692 | +47.4% |
| Amounts payable after more than one year | 17 | €114,593 | €126,575 | +€11,981 | +10.5% |
| Financial debts | 170/4 | €114,593 | €126,575 | +€11,981 | +10.5% |
| Amounts payable within one year | 42/48 | €123,123 | €223,834 | +€100,710 | +81.8% |
| Current portion of amounts payable after more than one year | 42 | €24,995 | - | -€24,995 | |
| Trade debts | 44 | €2,093 | €9,087 | +€6,994 | +334% |
| Suppliers | 440/4 | €2,093 | €9,087 | +€6,994 | +334% |
| Taxes, remuneration and social security | 45 | €23,296 | €164,141 | +€140,845 | +605% |
| Taxes | 450/3 | €23,296 | €164,141 | +€140,845 | +605% |
| Other amounts payable | 47/48 | €72,740 | €50,606 | -€22,134 | -30.4% |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,446 | €1,037 | -€9,409 | -90.1% |
| Other operating charges | 640/8 | €561 | €527 | -€34 | -6.0% |
| Non-recurring operating charges | 66A | - | €204 | +€204 | |
| Gross operating margin | 9900 | €69,526 | €125,960 | +€56,434 | +81.2% |
| Operating profit (loss) | 9901 | €58,519 | €123,792 | +€65,274 | +112% |
| Financial income | 75/76B | - | €1,500,000 | +€1.5m | |
| Recurring financial income | 75 | - | €1,500,000 | +€1.5m | |
| Financial charges | 65/66B | €57,100 | €56,934 | -€166 | -0.3% |
| Recurring financial charges | 65 | €56,219 | €56,934 | +€715 | +1.3% |
| Non-recurring financial charges | 66B | €881 | - | -€881 | |
| Profit (loss) for the period before taxes | 9903 | €1,419 | €1,566,858 | +€1.6m | +110,345% |
| Income taxes | 67/77 | - | €151,588 | +€151,588 | |
| Profit (loss) for the period | 9904 | €1,419 | €1,415,270 | +€1.4m | +99,660% |
| Transfer to tax-exempt reserves | 689 | - | €29,470 | +€29,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,419 | €1,385,800 | +€1.4m | +97,582% |
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 17 October 2026 via checked.be.