WINNINGZONE: 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.
WINNINGZONE
Largest movements
- Cash -€22,188
down €22,188 (-21.3%), from €104,086 to €81,897
mainly Net result for the year (-€25,651) and Debts after one year (-€11,532)
- Tangible fixed assets -€14,282
down €14,282 (-5.5%), from €259,835 to €245,553
of which Land and buildings: -€10,400
- Profit (loss) carried forward -€25,651
down €25,651 (-3.7%), from €693,312 to €667,661
- Debts after one year -€11,532
down €11,532 (-27.0%), from €42,671 to €31,139
- Gross operating margin -€16,484
down €16,484, from €9,075 to -€7,409
- Financial income +€2,300
new in 2025: €2,300
- Depreciation -€1,842
down €1,842 (-11.4%), from €16,124 to €14,282
- Other operating charges +€301
up €301 (+1,316%), from €23 to €324
- Taxes -€285
down €285 (-9.3%), from €3,056 to €2,771
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 | €763,793 | €727,514 | -€36,279 | -4.7% |
| Fixed assets | 21/28 | €259,835 | €245,553 | -€14,282 | -5.5% |
| Tangible fixed assets | 22/27 | €259,835 | €245,553 | -€14,282 | -5.5% |
| Land and buildings | 22 | €250,040 | €239,640 | -€10,400 | -4.2% |
| Furniture and vehicles | 24 | €9,795 | €5,913 | -€3,882 | -39.6% |
| Current assets | 29/58 | €503,958 | €481,961 | -€21,997 | -4.4% |
| Amounts receivable within one year | 40/41 | €370,577 | €370,768 | +€192 | +0.1% |
| Trade receivables | 40 | €308,488 | €310,658 | +€2,170 | +0.7% |
| Other amounts receivable | 41 | €62,089 | €60,111 | -€1,978 | -3.2% |
| Current investments | 50/53 | €29,295 | €29,295 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €104,086 | €81,897 | -€22,188 | -21.3% |
| Total equity and liabilities | 10/49 | €763,793 | €727,514 | -€36,279 | -4.7% |
| Equity | 10/15 | €707,572 | €681,921 | -€25,651 | -3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €693,312 | €667,661 | -€25,651 | -3.7% |
| Amounts payable | 17/49 | €56,221 | €45,593 | -€10,628 | -18.9% |
| Amounts payable after more than one year | 17 | €42,671 | €31,139 | -€11,532 | -27.0% |
| Financial debts | 170/4 | €42,671 | €31,139 | -€11,532 | -27.0% |
| Amounts payable within one year | 42/48 | €13,550 | €14,454 | +€904 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €11,252 | €11,532 | +€280 | +2.5% |
| Trade debts | 44 | €710 | €111 | -€599 | -84.4% |
| Suppliers | 440/4 | €710 | €111 | -€599 | -84.4% |
| Taxes, remuneration and social security | 45 | €294 | €1,518 | +€1,223 | +416% |
| Taxes | 450/3 | €294 | €1,518 | +€1,223 | +416% |
| Other amounts payable | 47/48 | €1,293 | €1,293 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,124 | €14,282 | -€1,842 | -11.4% |
| Other operating charges | 640/8 | €23 | €324 | +€301 | +1,316% |
| Non-recurring operating charges | 66A | €240 | €1,410 | +€1,170 | +488% |
| Gross operating margin | 9900 | €9,075 | -€7,409 | -€16,484 | |
| Operating profit (loss) | 9901 | -€7,312 | -€23,424 | -€16,112 | -220% |
| Financial income | 75/76B | - | €2,300 | +€2,300 | |
| Recurring financial income | 75 | - | €2,300 | +€2,300 | |
| Financial charges | 65/66B | €1,858 | €1,755 | -€103 | -5.6% |
| Recurring financial charges | 65 | €1,858 | €1,755 | -€103 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,170 | -€22,879 | -€13,709 | -149% |
| Income taxes | 67/77 | €3,056 | €2,771 | -€285 | -9.3% |
| Profit (loss) for the period | 9904 | -€12,226 | -€25,651 | -€13,424 | -110% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,226 | -€25,651 | -€13,424 | -110% |
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 26 October 2026 via checked.be.