WINNR: 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.
WINNR
Largest movements
- Cash -€13,679
down €13,679 (-10.9%), from €125,050 to €111,371
- Receivables within one year +€9,771
up €9,771 (+21.4%), from €45,595 to €55,366
of which Other amounts receivable: +€6,388
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€4,750
down €4,750 (-25.0%), from €19,034 to €14,285
- Gross operating margin -€4,624
down €4,624 (-23.5%), from €19,679 to €15,055
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €509,849 | €505,941 | -€3,908 | -0.8% |
| Fixed assets | 21/28 | €338,983 | €338,983 | = | 0.0% |
| Tangible fixed assets | 22/27 | €338,983 | €338,983 | = | 0.0% |
| Land and buildings | 22 | €338,983 | €338,983 | = | 0.0% |
| Current assets | 29/58 | €170,866 | €166,958 | -€3,908 | -2.3% |
| Amounts receivable within one year | 40/41 | €45,595 | €55,366 | +€9,771 | +21.4% |
| Trade receivables | 40 | €45,595 | €48,977 | +€3,383 | +7.4% |
| Other amounts receivable | 41 | - | €6,388 | +€6,388 | |
| Cash at bank and in hand | 54/58 | €125,050 | €111,371 | -€13,679 | -10.9% |
| Deferred charges and accrued income | 490/1 | €221 | €221 | = | 0.0% |
| Total equity and liabilities | 10/49 | €509,849 | €505,941 | -€3,908 | -0.8% |
| Equity | 10/15 | €167,883 | €167,883 | = | 0.0% |
| Contributions | 10/11 | €167,883 | €167,883 | = | 0.0% |
| Outside capital | 11 | €167,883 | €167,883 | = | 0.0% |
| Other | 1109/19 | €167,883 | €167,883 | = | 0.0% |
| Amounts payable | 17/49 | €341,965 | €338,057 | -€3,908 | -1.1% |
| Amounts payable within one year | 42/48 | €341,552 | €337,111 | -€4,441 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €326,241 | €326,241 | = | 0.0% |
| Trade debts | 44 | €12,017 | €10,757 | -€1,260 | -10.5% |
| Suppliers | 440/4 | €12,017 | €10,757 | -€1,260 | -10.5% |
| Taxes, remuneration and social security | 45 | €3,295 | €113 | -€3,181 | -96.6% |
| Taxes | 450/3 | €3,295 | €113 | -€3,181 | -96.6% |
| Accrued charges and deferred income | 492/3 | €414 | €946 | +€533 | +128.8% |
| Other operating charges | 640/8 | €542 | €557 | +€15 | +2.8% |
| Gross operating margin | 9900 | €19,679 | €15,055 | -€4,624 | -23.5% |
| Operating profit (loss) | 9901 | €19,137 | €14,498 | -€4,639 | -24.2% |
| Financial charges | 65/66B | €19,034 | €14,285 | -€4,750 | -25.0% |
| Recurring financial charges | 65 | €19,034 | €14,285 | -€4,750 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €103 | €213 | +€111 | +107.8% |
| Income taxes | 67/77 | €103 | €213 | +€111 | +107.8% |
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 3 October 2026 via checked.be.