WINNIE V.E.: 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.
WINNIE V.E.
Largest movements
- Cash +€12,476
up €12,476 (+41.9%), from €29,774 to €42,250
mainly Net result for the year (+€30,345) and Receivables within one year (+€1,447)
- Current investments +€12,000
up €12,000 (+57.1%), from €21,000 to €33,000
- Tangible fixed assets +€2,220
new in 2023: €2,220
- Receivables within one year -€1,447
down €1,447 (-7.3%), from €19,910 to €18,463
of which Trade receivables: -€815
- Profit (loss) carried forward +€16,310
no longer reported in 2023 (was -€16,310)
- Reserves +€14,034
up €14,034 (+22.8%), from €61,559 to €75,593
of which Distributable reserves: +€14,034
- Tax, wage and social debts -€3,190
down €3,190 (-15.0%), from €21,330 to €18,140
of which Taxes: -€2,911
- Trade debts -€2,296
down €2,296 (-26.9%), from €8,548 to €6,252
- Gross operating margin +€41,103
up €41,103 (+73.0%), from €56,301 to €97,404
- Staff costs -€2,183
down €2,183 (-3.4%), from €64,817 to €62,634
- Financial charges +€1,267
up €1,267 (+185.3%), from €684 to €1,950
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,726 | €123,585 | +€24,859 | +25.2% |
| Fixed assets | 21/28 | - | €2,220 | +€2,220 | |
| Tangible fixed assets | 22/27 | - | €2,220 | +€2,220 | |
| Plant, machinery and equipment | 23 | - | €2,220 | +€2,220 | |
| Current assets | 29/58 | €98,726 | €121,365 | +€22,639 | +22.9% |
| Stocks and contracts in progress | 3 | €27,333 | €27,333 | = | 0.0% |
| Stocks | 30/36 | €27,333 | €27,333 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,910 | €18,463 | -€1,447 | -7.3% |
| Trade receivables | 40 | €815 | - | -€815 | |
| Other amounts receivable | 41 | €19,095 | €18,463 | -€632 | -3.3% |
| Current investments | 50/53 | €21,000 | €33,000 | +€12,000 | +57.1% |
| Cash at bank and in hand | 54/58 | €29,774 | €42,250 | +€12,476 | +41.9% |
| Deferred charges and accrued income | 490/1 | €709 | €319 | -€390 | -55.0% |
| Total equity and liabilities | 10/49 | €98,726 | €123,585 | +€24,859 | +25.2% |
| Equity | 10/15 | €63,848 | €94,193 | +€30,345 | +47.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,559 | €75,593 | +€14,034 | +22.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,699 | €73,733 | +€14,034 | +23.5% |
| Profit (loss) carried forward | 14 | -€16,310 | - | +€16,310 | |
| Amounts payable | 17/49 | €34,878 | €29,392 | -€5,486 | -15.7% |
| Amounts payable within one year | 42/48 | €34,878 | €29,392 | -€5,486 | -15.7% |
| Trade debts | 44 | €8,548 | €6,252 | -€2,296 | -26.9% |
| Suppliers | 440/4 | €8,548 | €6,252 | -€2,296 | -26.9% |
| Taxes, remuneration and social security | 45 | €21,330 | €18,140 | -€3,190 | -15.0% |
| Taxes | 450/3 | €7,151 | €4,239 | -€2,911 | -40.7% |
| Remuneration and social security | 454/9 | €14,179 | €13,900 | -€279 | -2.0% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €64,817 | €62,634 | -€2,183 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €555 | +€555 | |
| Other operating charges | 640/8 | €740 | €1,074 | +€334 | +45.1% |
| Gross operating margin | 9900 | €56,301 | €97,404 | +€41,103 | +73.0% |
| Operating profit (loss) | 9901 | -€9,256 | €33,141 | +€42,398 | |
| Financial income | 75/76B | €64 | - | -€64 | |
| Recurring financial income | 75 | €64 | - | -€64 | |
| Financial charges | 65/66B | €684 | €1,950 | +€1,267 | +185.3% |
| Recurring financial charges | 65 | €684 | €1,950 | +€1,267 | +185.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,876 | €31,191 | +€41,067 | |
| Income taxes | 67/77 | - | €846 | +€846 | |
| Profit (loss) for the period | 9904 | -€9,876 | €30,345 | +€40,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,876 | €30,345 | +€40,221 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.