Winnie Clara: 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.
Winnie Clara
Largest movements
- Tangible fixed assets +€45,031
up €45,031 (+11.4%), from €395,792 to €440,823
of which Land and buildings: +€44,853
- Cash -€7,678
down €7,678 (-65.3%), from €11,762 to €4,084
mainly Other debts (-€112,463) and Investment in fixed assets (net) (-€62,276)
- Contributions +€190,000
up €190,000 (+760%), from €25,000 to €215,000
- Other debts -€112,463
down €112,463 (-22.6%), from €498,085 to €385,621
- Profit (loss) carried forward -€40,925
down €40,925 (-33.5%), from -€122,309 to -€163,234
- Gross operating margin -€14,886
down €14,886 (-225%), from -€6,603 to -€21,489
- Depreciation +€5,463
up €5,463 (+46.4%), from €11,782 to €17,245
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 | €409,385 | €447,205 | +€37,820 | +9.2% |
| Fixed assets | 21/28 | €395,792 | €440,823 | +€45,031 | +11.4% |
| Tangible fixed assets | 22/27 | €395,792 | €440,823 | +€45,031 | +11.4% |
| Land and buildings | 22 | €394,487 | €439,340 | +€44,853 | +11.4% |
| Plant, machinery and equipment | 23 | €1,209 | €830 | -€379 | -31.3% |
| Furniture and vehicles | 24 | €96 | €653 | +€557 | +578% |
| Current assets | 29/58 | €13,592 | €6,381 | -€7,211 | -53.1% |
| Amounts receivable within one year | 40/41 | €1,831 | €2,298 | +€467 | +25.5% |
| Trade receivables | 40 | €1,357 | - | -€1,357 | |
| Other amounts receivable | 41 | €474 | €2,298 | +€1,824 | +385% |
| Cash at bank and in hand | 54/58 | €11,762 | €4,084 | -€7,678 | -65.3% |
| Total equity and liabilities | 10/49 | €409,385 | €447,205 | +€37,820 | +9.2% |
| Equity | 10/15 | -€90,869 | €58,206 | +€149,075 | |
| Contributions | 10/11 | €25,000 | €215,000 | +€190,000 | +760% |
| Reserves | 13 | €6,440 | €6,440 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,940 | €3,940 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,309 | -€163,234 | -€40,925 | -33.5% |
| Amounts payable | 17/49 | €500,254 | €388,998 | -€111,256 | -22.2% |
| Amounts payable within one year | 42/48 | €500,254 | €388,998 | -€111,256 | -22.2% |
| Trade debts | 44 | €2,169 | €2,726 | +€557 | +25.7% |
| Suppliers | 440/4 | €2,169 | €2,726 | +€557 | +25.7% |
| Taxes, remuneration and social security | 45 | - | €651 | +€651 | |
| Taxes | 450/3 | - | €651 | +€651 | |
| Other amounts payable | 47/48 | €498,085 | €385,621 | -€112,463 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,782 | €17,245 | +€5,463 | +46.4% |
| Other operating charges | 640/8 | €1,865 | €2,053 | +€189 | +10.1% |
| Gross operating margin | 9900 | -€6,603 | -€21,489 | -€14,886 | -225% |
| Operating profit (loss) | 9901 | -€20,250 | -€40,787 | -€20,538 | -101% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €141 | €139 | -€2 | -1.6% |
| Recurring financial charges | 65 | €141 | €139 | -€2 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,391 | -€40,925 | -€20,534 | -101% |
| Profit (loss) for the period | 9904 | -€20,391 | -€40,925 | -€20,534 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,391 | -€40,925 | -€20,534 | -101% |
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 24 October 2026 via checked.be.