WINKS: 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.
WINKS
Largest movements
- Tangible fixed assets -€617,484
down €617,484 (-21.2%), from €2.9m to €2.3m
of which Leasing and similar rights: -€614,667
- Receivables within one year +€141,725
up €141,725 (+21.3%), from €665,789 to €807,513
of which Other amounts receivable: +€109,690
- Cash +€85,699
up €85,699 (+15.0%), from €572,321 to €658,020
mainly Depreciation (+€798,695) and Net result for the year (+€530,238)
- Debts after one year -€462,756
down €462,756 (-23.8%), from €1.9m to €1.5m
of which Financial debts: -€368,116
- Reserves +€130,238
up €130,238 (+10.3%), from €1.3m to €1.4m
- Tax, wage and social debts -€53,887
down €53,887 (-63.2%), from €85,229 to €31,342
- Gross operating margin +€145,175
up €145,175 (+6.4%), from €2.3m to €2.4m
- Staff costs +€134,243
up €134,243 (+17.6%), from €762,936 to €897,179
- Depreciation +€91,003
up €91,003 (+12.9%), from €707,692 to €798,695
- Taxes -€66,889
down €66,889 (-47.3%), from €141,406 to €74,517
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 | €4,166,257 | €3,781,924 | -€384,333 | -9.2% |
| Fixed assets | 21/28 | €2,924,390 | €2,307,920 | -€616,471 | -21.1% |
| Intangible fixed assets | 21 | €8,333 | €9,347 | +€1,013 | +12.2% |
| Tangible fixed assets | 22/27 | €2,914,617 | €2,297,133 | -€617,484 | -21.2% |
| Plant, machinery and equipment | 23 | €55,036 | €48,608 | -€6,428 | -11.7% |
| Furniture and vehicles | 24 | €285,264 | €288,874 | +€3,610 | +1.3% |
| Leasing and similar rights | 25 | €2,574,318 | €1,959,651 | -€614,667 | -23.9% |
| Financial fixed assets | 28 | €1,440 | €1,440 | = | 0.0% |
| Current assets | 29/58 | €1,241,867 | €1,474,004 | +€232,137 | +18.7% |
| Amounts receivable within one year | 40/41 | €665,789 | €807,513 | +€141,725 | +21.3% |
| Trade receivables | 40 | €636,994 | €669,029 | +€32,035 | +5.0% |
| Other amounts receivable | 41 | €28,794 | €138,484 | +€109,690 | +380.9% |
| Cash at bank and in hand | 54/58 | €572,321 | €658,020 | +€85,699 | +15.0% |
| Deferred charges and accrued income | 490/1 | €3,757 | €8,471 | +€4,714 | +125.5% |
| Total equity and liabilities | 10/49 | €4,166,257 | €3,781,924 | -€384,333 | -9.2% |
| Equity | 10/15 | €1,280,541 | €1,410,778 | +€130,238 | +10.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,260,541 | €1,390,778 | +€130,238 | +10.3% |
| Distributable reserves | 133 | €1,260,541 | €1,390,778 | +€130,238 | +10.3% |
| Amounts payable | 17/49 | €2,885,717 | €2,371,145 | -€514,571 | -17.8% |
| Amounts payable after more than one year | 17 | €1,942,449 | €1,479,693 | -€462,756 | -23.8% |
| Financial debts | 170/4 | €1,723,093 | €1,354,978 | -€368,116 | -21.4% |
| Other amounts payable | 178/9 | €219,356 | €124,715 | -€94,640 | -43.1% |
| Amounts payable within one year | 42/48 | €943,268 | €891,452 | -€51,815 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €593,779 | €577,529 | -€16,251 | -2.7% |
| Trade debts | 44 | €164,260 | €182,582 | +€18,322 | +11.2% |
| Suppliers | 440/4 | €164,260 | €182,582 | +€18,322 | +11.2% |
| Taxes, remuneration and social security | 45 | €85,229 | €31,342 | -€53,887 | -63.2% |
| Taxes | 450/3 | €85,229 | €31,342 | -€53,887 | -63.2% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €762,936 | €897,179 | +€134,243 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €707,692 | €798,695 | +€91,003 | +12.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,280 | - | -€23,280 | |
| Other operating charges | 640/8 | €25,946 | €21,247 | -€4,700 | -18.1% |
| Gross operating margin | 9900 | €2,259,726 | €2,404,901 | +€145,175 | +6.4% |
| Operating profit (loss) | 9901 | €739,871 | €687,779 | -€52,091 | -7.0% |
| Financial income | 75/76B | €442 | €1,828 | +€1,386 | +313.5% |
| Recurring financial income | 75 | €442 | €1,828 | +€1,386 | +313.5% |
| Financial charges | 65/66B | €86,404 | €84,853 | -€1,551 | -1.8% |
| Recurring financial charges | 65 | €86,404 | €84,853 | -€1,551 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €653,909 | €604,755 | -€49,154 | -7.5% |
| Income taxes | 67/77 | €141,406 | €74,517 | -€66,889 | -47.3% |
| Profit (loss) for the period | 9904 | €512,503 | €530,238 | +€17,735 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €512,503 | €530,238 | +€17,735 | +3.5% |
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 2 October 2026 via checked.be.