WINNOVAL: 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.
WINNOVAL
Largest movements
- Current investments +€30,233
up €30,233 (+89.3%), from €33,867 to €64,100
- Receivables within one year +€9,872
up €9,872 (+37.6%), from €26,222 to €36,094
of which Other amounts receivable: +€11,739
- Tangible fixed assets +€1,858
up €1,858 (+190.4%), from €976 to €2,834
- Tax, wage and social debts +€25,865
up €25,865 (+85.0%), from €30,417 to €56,281
- Reserves +€14,914
up €14,914 (+53.5%), from €27,872 to €42,786
- Trade debts +€1,184
up €1,184 (+427.6%), from €277 to €1,461
- Staff costs +€19,043
new in 2024: €19,043
- Gross operating margin +€6,782
up €6,782 (+18.3%), from €37,027 to €43,809
- Financial charges +€1,924
up €1,924 (+2035.9%), from €95 to €2,018
- Depreciation -€817
down €817 (-54.3%), from €1,504 to €687
- Taxes -€799
down €799 (-10.6%), from €7,556 to €6,757
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,066 | €103,029 | +€41,963 | +68.7% |
| Fixed assets | 21/28 | €976 | €2,834 | +€1,858 | +190.4% |
| Tangible fixed assets | 22/27 | €976 | €2,834 | +€1,858 | +190.4% |
| Furniture and vehicles | 24 | €976 | €2,834 | +€1,858 | +190.4% |
| Current assets | 29/58 | €60,090 | €100,195 | +€40,105 | +66.7% |
| Amounts receivable within one year | 40/41 | €26,222 | €36,094 | +€9,872 | +37.6% |
| Trade receivables | 40 | €12,971 | €11,104 | -€1,867 | -14.4% |
| Other amounts receivable | 41 | €13,251 | €24,990 | +€11,739 | +88.6% |
| Current investments | 50/53 | €33,867 | €64,100 | +€30,233 | +89.3% |
| Total equity and liabilities | 10/49 | €61,066 | €103,029 | +€41,963 | +68.7% |
| Equity | 10/15 | €30,372 | €45,286 | +€14,914 | +49.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €27,872 | €42,786 | +€14,914 | +53.5% |
| Distributable reserves | 133 | €27,872 | €42,786 | +€14,914 | +53.5% |
| Amounts payable | 17/49 | €30,694 | €57,743 | +€27,049 | +88.1% |
| Amounts payable within one year | 42/48 | €30,694 | €57,743 | +€27,049 | +88.1% |
| Trade debts | 44 | €277 | €1,461 | +€1,184 | +427.6% |
| Suppliers | 440/4 | €277 | €1,461 | +€1,184 | +427.6% |
| Taxes, remuneration and social security | 45 | €30,417 | €56,281 | +€25,865 | +85.0% |
| Taxes | 450/3 | €30,417 | €56,281 | +€25,865 | +85.0% |
| Remuneration, social security and pensions | 62 | - | €19,043 | +€19,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,504 | €687 | -€817 | -54.3% |
| Other operating charges | 640/8 | - | €389 | +€389 | |
| Gross operating margin | 9900 | €37,027 | €43,809 | +€6,782 | +18.3% |
| Operating profit (loss) | 9901 | €35,523 | €23,690 | -€11,833 | -33.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €95 | €2,018 | +€1,924 | +2035.9% |
| Recurring financial charges | 65 | €95 | €2,018 | +€1,924 | +2035.9% |
| Profit (loss) for the period before taxes | 9903 | €35,428 | €21,671 | -€13,757 | -38.8% |
| Income taxes | 67/77 | €7,556 | €6,757 | -€799 | -10.6% |
| Profit (loss) for the period | 9904 | €27,872 | €14,914 | -€12,958 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,872 | €14,914 | -€12,958 | -46.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.