WINISHOE: 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.
WINISHOE
Largest movements
- Cash +€313,083
up €313,083 (+116.4%), from €269,018 to €582,101
mainly Net result for the year (+€151,173) and Current investments (+€125,000)
- Current investments -€125,000
no longer reported in 2025 (was €125,000)
- Tangible fixed assets -€106,453
down €106,453 (-68.0%), from €156,587 to €50,133
- Reserves +€151,173
up €151,173 (+314.0%), from €48,142 to €199,315
- Other debts -€142,857
no longer reported in 2025 (was €142,857)
- Tax, wage and social debts +€63,307
up €63,307 (+574.9%), from €11,011 to €74,318
- Trade debts +€8,414
up €8,414 (+2549.7%), from €330 to €8,744
- Gross operating margin +€189,816
up €189,816 (+441.7%), from €42,974 to €232,791
- Taxes +€66,795
up €66,795 (+763.9%), from €8,744 to €75,539
- Depreciation -€6,160
down €6,160 (-63.8%), from €9,653 to €3,493
- Financial income +€4,069
up €4,069 (+40692400.0%), from €0 to €4,069
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 | €550,605 | €632,235 | +€81,630 | +14.8% |
| Fixed assets | 21/28 | €156,587 | €50,133 | -€106,453 | -68.0% |
| Tangible fixed assets | 22/27 | €156,587 | €50,133 | -€106,453 | -68.0% |
| Land and buildings | 22 | €156,587 | €50,133 | -€106,453 | -68.0% |
| Current assets | 29/58 | €394,018 | €582,101 | +€188,083 | +47.7% |
| Current investments | 50/53 | €125,000 | - | -€125,000 | |
| Cash at bank and in hand | 54/58 | €269,018 | €582,101 | +€313,083 | +116.4% |
| Total equity and liabilities | 10/49 | €550,605 | €632,235 | +€81,630 | +14.8% |
| Equity | 10/15 | €381,734 | €532,907 | +€151,173 | +39.6% |
| Contributions | 10/11 | €333,592 | €333,592 | = | 0.0% |
| Reserves | 13 | €48,142 | €199,315 | +€151,173 | +314.0% |
| Distributable reserves | 133 | €48,142 | €199,315 | +€151,173 | +314.0% |
| Amounts payable | 17/49 | €168,871 | €99,327 | -€69,544 | -41.2% |
| Amounts payable after more than one year | 17 | €14,673 | €15,576 | +€903 | +6.2% |
| Other amounts payable | 178/9 | €14,673 | €15,576 | +€903 | +6.2% |
| Amounts payable within one year | 42/48 | €154,198 | €83,752 | -€70,446 | -45.7% |
| Trade debts | 44 | €330 | €8,744 | +€8,414 | +2549.7% |
| Suppliers | 440/4 | €330 | €8,744 | +€8,414 | +2549.7% |
| Advances received on contracts in progress | 46 | - | €690 | +€690 | |
| Taxes, remuneration and social security | 45 | €11,011 | €74,318 | +€63,307 | +574.9% |
| Taxes | 450/3 | €11,011 | €74,318 | +€63,307 | +574.9% |
| Other amounts payable | 47/48 | €142,857 | - | -€142,857 | |
| Non-recurring operating income | 76A | €23,559 | - | -€23,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,653 | €3,493 | -€6,160 | -63.8% |
| Other operating charges | 640/8 | €7,455 | €6,610 | -€846 | -11.3% |
| Gross operating margin | 9900 | €42,974 | €232,791 | +€189,816 | +441.7% |
| Operating profit (loss) | 9901 | €25,866 | €222,688 | +€196,822 | +760.9% |
| Financial income | 75/76B | €0 | €4,069 | +€4,069 | +40692400.0% |
| Recurring financial income | 75 | €0 | €4,069 | +€4,069 | +40692400.0% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €25,821 | €226,712 | +€200,891 | +778.0% |
| Income taxes | 67/77 | €8,744 | €75,539 | +€66,795 | +763.9% |
| Profit (loss) for the period | 9904 | €17,077 | €151,173 | +€134,096 | +785.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,077 | €151,173 | +€134,096 | +785.2% |
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 8 October 2026 via checked.be.