Winning Driven Performance: 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.
Winning Driven Performance
Largest movements
- Tangible fixed assets -€145,896
down €145,896 (-36.5%), from €399,932 to €254,036
of which Furniture and vehicles: -€140,703
- Receivables within one year -€78,968
down €78,968 (-93.7%), from €84,300 to €5,332
of which Trade receivables: -€78,207
- Cash -€25,435
down €25,435 (-24.8%), from €102,680 to €77,245
mainly Net result for the year (-€260,838)
- Profit (loss) carried forward -€260,838
down €260,838 (-193.1%), from -€135,077 to -€395,915
- Trade debts +€8,033
up €8,033 (+94.8%), from €8,474 to €16,507
- Gross operating margin -€201,284
down €201,284, from €123,534 to -€77,750
- Other operating charges +€35,474
up €35,474 (+290.5%), from €12,210 to €47,684
- Staff costs +€7,297
up €7,297 (+81.7%), from €8,932 to €16,229
- Financial income +€7,104
up €7,104 (+1186.4%), from €599 to €7,703
- Depreciation -€5,187
down €5,187 (-4.1%), from €127,002 to €121,814
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 | €587,181 | €336,614 | -€250,567 | -42.7% |
| Fixed assets | 21/28 | €400,201 | €254,036 | -€146,164 | -36.5% |
| Tangible fixed assets | 22/27 | €399,932 | €254,036 | -€145,896 | -36.5% |
| Plant, machinery and equipment | 23 | €5,193 | - | -€5,193 | |
| Furniture and vehicles | 24 | €394,740 | €254,036 | -€140,703 | -35.6% |
| Financial fixed assets | 28 | €268 | - | -€268 | |
| Current assets | 29/58 | €186,980 | €82,577 | -€104,402 | -55.8% |
| Amounts receivable within one year | 40/41 | €84,300 | €5,332 | -€78,968 | -93.7% |
| Trade receivables | 40 | €78,207 | - | -€78,207 | |
| Other amounts receivable | 41 | €6,093 | €5,332 | -€761 | -12.5% |
| Cash at bank and in hand | 54/58 | €102,680 | €77,245 | -€25,435 | -24.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €587,181 | €336,614 | -€250,567 | -42.7% |
| Equity | 10/15 | -€129,077 | -€389,915 | -€260,838 | -202.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,077 | -€395,915 | -€260,838 | -193.1% |
| Amounts payable | 17/49 | €716,258 | €726,529 | +€10,271 | +1.4% |
| Amounts payable after more than one year | 17 | €645,000 | €645,000 | = | 0.0% |
| Financial debts | 170/4 | €645,000 | €645,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,258 | €81,529 | +€10,271 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €42,032 | €42,032 | = | 0.0% |
| Trade debts | 44 | €8,474 | €16,507 | +€8,033 | +94.8% |
| Suppliers | 440/4 | €8,474 | €16,507 | +€8,033 | +94.8% |
| Taxes, remuneration and social security | 45 | €20,751 | €22,211 | +€1,460 | +7.0% |
| Taxes | 450/3 | €8,858 | €22,177 | +€13,319 | +150.4% |
| Remuneration and social security | 454/9 | €11,893 | €34 | -€11,859 | -99.7% |
| Other amounts payable | 47/48 | - | €778 | +€778 | |
| Remuneration, social security and pensions | 62 | €8,932 | €16,229 | +€7,297 | +81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,002 | €121,814 | -€5,187 | -4.1% |
| Other operating charges | 640/8 | €12,210 | €47,684 | +€35,474 | +290.5% |
| Non-recurring operating charges | 66A | €3,853 | - | -€3,853 | |
| Gross operating margin | 9900 | €123,534 | -€77,750 | -€201,284 | |
| Operating profit (loss) | 9901 | -€28,462 | -€263,477 | -€235,016 | -825.7% |
| Financial income | 75/76B | €599 | €7,703 | +€7,104 | +1186.4% |
| Recurring financial income | 75 | €599 | €7,703 | +€7,104 | +1186.4% |
| Financial charges | 65/66B | €1,229 | €5,064 | +€3,835 | +312.1% |
| Recurring financial charges | 65 | €1,229 | €5,064 | +€3,835 | +312.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,092 | -€260,838 | -€231,746 | -796.6% |
| Profit (loss) for the period | 9904 | -€29,092 | -€260,838 | -€231,746 | -796.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,092 | -€260,838 | -€231,746 | -796.6% |
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 29 September 2026 via checked.be.