WINLLAN: 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.
WINLLAN
Largest movements
- Receivables within one year +€29,175
up €29,175 (+95.2%), from €30,661 to €59,836
of which Trade receivables: +€34,192
- Stocks and contracts +€9,086
up €9,086 (+11.9%), from €76,399 to €85,485
- Reserves +€53,677
up €53,677 (+19.1%), from €280,583 to €334,260
- Debts after one year -€16,508
down €16,508 (-20.4%), from €80,807 to €64,299
- Current portion of long-term debt -€11,853
down €11,853 (-41.8%), from €28,361 to €16,508
- Tax, wage and social debts +€11,537
up €11,537 (+249.3%), from €4,627 to €16,163
of which Taxes: +€11,537
- Gross operating margin +€38,628
up €38,628 (+57.6%), from €67,050 to €105,678
- Taxes +€11,338
up €11,338 (+74.2%), from €15,284 to €26,622
- Financial income +€5,436
up €5,436 (+2017.7%), from €269 to €5,706
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 | €395,535 | €431,546 | +€36,011 | +9.1% |
| Fixed assets | 21/28 | €215,289 | €215,391 | +€101 | 0.0% |
| Tangible fixed assets | 22/27 | €123,717 | €120,985 | -€2,732 | -2.2% |
| Land and buildings | 22 | €121,049 | €116,002 | -€5,046 | -4.2% |
| Furniture and vehicles | 24 | €706 | €3,771 | +€3,065 | +434.3% |
| Other tangible fixed assets | 26 | €1,962 | €1,211 | -€751 | -38.3% |
| Financial fixed assets | 28 | €91,573 | €94,406 | +€2,833 | +3.1% |
| Current assets | 29/58 | €180,246 | €216,156 | +€35,910 | +19.9% |
| Stocks and contracts in progress | 3 | €76,399 | €85,485 | +€9,086 | +11.9% |
| Stocks | 30/36 | €76,399 | €85,485 | +€9,086 | +11.9% |
| Amounts receivable within one year | 40/41 | €30,661 | €59,836 | +€29,175 | +95.2% |
| Trade receivables | 40 | €15,125 | €49,317 | +€34,192 | +226.1% |
| Other amounts receivable | 41 | €15,536 | €10,519 | -€5,017 | -32.3% |
| Cash at bank and in hand | 54/58 | €72,840 | €70,835 | -€2,004 | -2.8% |
| Deferred charges and accrued income | 490/1 | €347 | €0 | -€347 | -100.0% |
| Total equity and liabilities | 10/49 | €395,535 | €431,546 | +€36,011 | +9.1% |
| Equity | 10/15 | €280,583 | €334,260 | +€53,677 | +19.1% |
| Reserves | 13 | €280,583 | €334,260 | +€53,677 | +19.1% |
| Distributable reserves | 133 | €280,583 | €334,260 | +€53,677 | +19.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €114,952 | €97,287 | -€17,666 | -15.4% |
| Amounts payable after more than one year | 17 | €80,807 | €64,299 | -€16,508 | -20.4% |
| Financial debts | 170/4 | €80,807 | €64,299 | -€16,508 | -20.4% |
| Amounts payable within one year | 42/48 | €34,145 | €32,987 | -€1,158 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €28,361 | €16,508 | -€11,853 | -41.8% |
| Trade debts | 44 | €600 | €316 | -€284 | -47.3% |
| Suppliers | 440/4 | €600 | €316 | -€284 | -47.3% |
| Taxes, remuneration and social security | 45 | €4,627 | €16,163 | +€11,537 | +249.3% |
| Taxes | 450/3 | €2,127 | €13,663 | +€11,537 | +542.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €558 | €0 | -€558 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,350 | €7,326 | +€975 | +15.4% |
| Other operating charges | 640/8 | €2,169 | €1,670 | -€500 | -23.0% |
| Gross operating margin | 9900 | €67,050 | €105,678 | +€38,628 | +57.6% |
| Operating profit (loss) | 9901 | €58,530 | €96,682 | +€38,152 | +65.2% |
| Financial income | 75/76B | €269 | €5,706 | +€5,436 | +2017.7% |
| Recurring financial income | 75 | €269 | €5,706 | +€5,436 | +2017.7% |
| Financial charges | 65/66B | €5,432 | €4,583 | -€848 | -15.6% |
| Recurring financial charges | 65 | €5,432 | €4,583 | -€848 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €53,368 | €97,805 | +€44,437 | +83.3% |
| Income taxes | 67/77 | €15,284 | €26,622 | +€11,338 | +74.2% |
| Profit (loss) for the period | 9904 | €38,084 | €71,183 | +€33,099 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,084 | €71,183 | +€33,099 | +86.9% |
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 4 October 2026 via checked.be.