WINNER KASTERLEE: 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.
WINNER KASTERLEE
Largest movements
- Cash +€6,935
up €6,935 (+57.2%), from €12,123 to €19,058
mainly Net result for the year (+€6,264) and Depreciation (+€3,828)
- Tangible fixed assets -€1,840
down €1,840 (-31.8%), from €5,778 to €3,938
of which Plant, machinery and equipment: -€2,000
- Receivables within one year +€601
up €601 (+14.0%), from €4,280 to €4,881
of which Other amounts receivable: +€689
- Other debts +€3,600
up €3,600 (+333.5%), from €1,079 to €4,679
- Trade debts +€2,174
up €2,174, from €0 to €2,174
- Profit (loss) carried forward +€2,008
up €2,008, from -€2,008 to €0
- Tax, wage and social debts -€1,880
down €1,880 (-92.5%), from €2,032 to €152
- Current portion of long-term debt -€576
down €576 (-100.0%), from €576 to €0
- Gross operating margin +€10,482
up €10,482 (+467.4%), from €2,243 to €12,725
- Taxes +€2,019
up €2,019 (+1526.6%), from €132 to €2,151
- Financial income +€285
up €285 (+477.9%), from €60 to €345
- Depreciation +€185
up €185 (+5.1%), from €3,643 to €3,828
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 | €24,335 | €29,917 | +€5,582 | +22.9% |
| Fixed assets | 21/28 | €5,778 | €3,938 | -€1,840 | -31.8% |
| Tangible fixed assets | 22/27 | €5,778 | €3,938 | -€1,840 | -31.8% |
| Plant, machinery and equipment | 23 | €4,564 | €2,564 | -€2,000 | -43.8% |
| Furniture and vehicles | 24 | €1,214 | €1,374 | +€160 | +13.2% |
| Current assets | 29/58 | €18,556 | €25,978 | +€7,422 | +40.0% |
| Stocks and contracts in progress | 3 | €2,153 | €2,039 | -€114 | -5.3% |
| Stocks | 30/36 | €2,153 | €2,039 | -€114 | -5.3% |
| Amounts receivable within one year | 40/41 | €4,280 | €4,881 | +€601 | +14.0% |
| Trade receivables | 40 | €2,099 | €2,011 | -€88 | -4.2% |
| Other amounts receivable | 41 | €2,181 | €2,870 | +€689 | +31.6% |
| Cash at bank and in hand | 54/58 | €12,123 | €19,058 | +€6,935 | +57.2% |
| Total equity and liabilities | 10/49 | €24,335 | €29,917 | +€5,582 | +22.9% |
| Equity | 10/15 | €20,648 | €22,912 | +€2,264 | +11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,456 | €16,712 | +€256 | +1.6% |
| Distributable reserves | 133 | €16,456 | €16,712 | +€256 | +1.6% |
| Profit (loss) carried forward | 14 | -€2,008 | €0 | +€2,008 | |
| Amounts payable | 17/49 | €3,687 | €7,005 | +€3,318 | +90.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,687 | €7,005 | +€3,318 | +90.0% |
| Current portion of amounts payable after more than one year | 42 | €576 | €0 | -€576 | -100.0% |
| Trade debts | 44 | €0 | €2,174 | +€2,174 | |
| Suppliers | 440/4 | €0 | €2,174 | +€2,174 | |
| Taxes, remuneration and social security | 45 | €2,032 | €152 | -€1,880 | -92.5% |
| Taxes | 450/3 | €2,032 | €152 | -€1,880 | -92.5% |
| Other amounts payable | 47/48 | €1,079 | €4,679 | +€3,600 | +333.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,643 | €3,828 | +€185 | +5.1% |
| Other operating charges | 640/8 | €670 | €688 | +€18 | +2.7% |
| Gross operating margin | 9900 | €2,243 | €12,725 | +€10,482 | +467.4% |
| Operating profit (loss) | 9901 | -€2,070 | €8,208 | +€10,279 | |
| Financial income | 75/76B | €60 | €345 | +€285 | +477.9% |
| Recurring financial income | 75 | €60 | €345 | +€285 | +477.9% |
| Financial charges | 65/66B | €244 | €138 | -€106 | -43.4% |
| Recurring financial charges | 65 | €244 | €138 | -€106 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,255 | €8,415 | +€10,669 | |
| Income taxes | 67/77 | €132 | €2,151 | +€2,019 | +1526.6% |
| Profit (loss) for the period | 9904 | -€2,387 | €6,264 | +€8,651 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,387 | €6,264 | +€8,651 |
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 7 October 2026 via checked.be.