WINKELCENTRUM ZUIDERRING: 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.
WINKELCENTRUM ZUIDERRING
Largest movements
- Cash +€54,522
up €54,522 (+5.0%), from €1.1m to €1.1m
mainly Net result for the year (+€41,762) and Deferred charges and accrued income (+€17,478)
- Reserves +€41,762
up €41,762 (+8.8%), from €472,459 to €514,221
of which Distributable reserves: +€41,762
- Financial charges +€14,835
up €14,835 (+1,542%), from €962 to €15,797
of which Non-recurring financial charges: +€14,872
- Financial income -€14,114
no longer reported in 2025 (was €14,114)
of which Non-recurring financial income: -€14,114
- Other operating charges -€12,297
down €12,297 (-34.1%), from €36,107 to €23,809
- Gross operating margin -€6,617
down €6,617 (-6.4%), from €103,214 to €96,597
- Taxes -€6,042
down €6,042 (-28.4%), from €21,271 to €15,229
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 | €1,727,912 | €1,761,576 | +€33,664 | +1.9% |
| Fixed assets | 21/28 | €485,305 | €485,305 | = | 0.0% |
| Tangible fixed assets | 22/27 | €485,305 | €485,305 | = | 0.0% |
| Land and buildings | 22 | €485,305 | €485,305 | = | 0.0% |
| Current assets | 29/58 | €1,242,606 | €1,276,271 | +€33,664 | +2.7% |
| Amounts receivable within one year | 40/41 | €6,568 | €3,189 | -€3,379 | -51.5% |
| Other amounts receivable | 41 | €6,568 | €3,189 | -€3,379 | -51.5% |
| Current investments | 50/53 | €125,000 | €125,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,080,507 | €1,135,029 | +€54,522 | +5.0% |
| Deferred charges and accrued income | 490/1 | €30,531 | €13,052 | -€17,478 | -57.2% |
| Total equity and liabilities | 10/49 | €1,727,912 | €1,761,576 | +€33,664 | +1.9% |
| Equity | 10/15 | €1,666,110 | €1,707,872 | +€41,762 | +2.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,123,651 | €1,123,651 | = | 0.0% |
| Reserves | 13 | €472,459 | €514,221 | +€41,762 | +8.8% |
| Non-distributable reserves | 130/1 | €132,000 | €132,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Own shares acquired | 1312 | €125,000 | €125,000 | = | 0.0% |
| Distributable reserves | 133 | €340,459 | €382,221 | +€41,762 | +12.3% |
| Amounts payable | 17/49 | €61,801 | €53,704 | -€8,097 | -13.1% |
| Amounts payable within one year | 42/48 | €58,270 | €53,536 | -€4,735 | -8.1% |
| Trade debts | 44 | €17,722 | €22,036 | +€4,314 | +24.3% |
| Suppliers | 440/4 | €17,722 | €22,036 | +€4,314 | +24.3% |
| Taxes, remuneration and social security | 45 | €40,548 | €31,499 | -€9,048 | -22.3% |
| Taxes | 450/3 | €40,548 | €31,499 | -€9,048 | -22.3% |
| Accrued charges and deferred income | 492/3 | €3,531 | €168 | -€3,363 | -95.2% |
| Other operating charges | 640/8 | €36,107 | €23,809 | -€12,297 | -34.1% |
| Gross operating margin | 9900 | €103,214 | €96,597 | -€6,617 | -6.4% |
| Operating profit (loss) | 9901 | €67,107 | €72,788 | +€5,680 | +8.5% |
| Financial income | 75/76B | €14,114 | - | -€14,114 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €14,114 | - | -€14,114 | |
| Financial charges | 65/66B | €962 | €15,797 | +€14,835 | +1,542% |
| Recurring financial charges | 65 | €962 | €925 | -€37 | -3.9% |
| Non-recurring financial charges | 66B | - | €14,872 | +€14,872 | |
| Profit (loss) for the period before taxes | 9903 | €80,259 | €56,990 | -€23,269 | -29.0% |
| Income taxes | 67/77 | €21,271 | €15,229 | -€6,042 | -28.4% |
| Profit (loss) for the period | 9904 | €58,989 | €41,762 | -€17,227 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,989 | €41,762 | -€17,227 | -29.2% |
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 18 October 2026 via checked.be.