WINPEO: 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.
WINPEO
Largest movements
- Tangible fixed assets -€11,543
down €11,543 (-79.9%), from €14,445 to €2,902
- Receivables within one year +€9,061
up €9,061 (+94.4%), from €9,601 to €18,662
of which Trade receivables: +€12,516
- Cash +€5,467
up €5,467 (+86.5%), from €6,322 to €11,788
mainly Trade debts (+€18,711) and Investment in fixed assets (net) (+€11,080)
- Trade debts +€18,711
up €18,711 (+182.3%), from €10,266 to €28,976
- Profit (loss) carried forward -€14,327
down €14,327 (-28.3%), from -€50,639 to -€64,966
- Tax, wage and social debts -€1,031
down €1,031 (-8.8%), from €11,749 to €10,717
of which Remuneration and social security: -€1,031
- Short-term financial debts -€702
no longer reported in 2025 (was €702)
- Staff costs -€19,402
down €19,402 (-17.4%), from €111,743 to €92,341
- Depreciation -€8,824
down €8,824 (-91.7%), from €9,621 to €797
- Other operating charges -€1,927
down €1,927 (-70.8%), from €2,721 to €794
- Financial charges -€1,354
down €1,354 (-62.8%), from €2,155 to €801
- Gross operating margin -€1,082
down €1,082 (-1.3%), from €81,479 to €80,396
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 | €33,790 | €36,441 | +€2,651 | +7.8% |
| Fixed assets | 21/28 | €17,868 | €5,991 | -€11,877 | -66.5% |
| Intangible fixed assets | 21 | €334 | - | -€334 | |
| Tangible fixed assets | 22/27 | €14,445 | €2,902 | -€11,543 | -79.9% |
| Furniture and vehicles | 24 | €14,445 | €2,902 | -€11,543 | -79.9% |
| Financial fixed assets | 28 | €3,089 | €3,089 | = | 0.0% |
| Current assets | 29/58 | €15,922 | €30,450 | +€14,528 | +91.2% |
| Amounts receivable within one year | 40/41 | €9,601 | €18,662 | +€9,061 | +94.4% |
| Trade receivables | 40 | €4,435 | €16,951 | +€12,516 | +282.2% |
| Other amounts receivable | 41 | €5,166 | €1,711 | -€3,454 | -66.9% |
| Cash at bank and in hand | 54/58 | €6,322 | €11,788 | +€5,467 | +86.5% |
| Total equity and liabilities | 10/49 | €33,790 | €36,441 | +€2,651 | +7.8% |
| Equity | 10/15 | €10,629 | -€3,698 | -€14,327 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €59,268 | €59,268 | = | 0.0% |
| Distributable reserves | 133 | €59,268 | €59,268 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,639 | -€64,966 | -€14,327 | -28.3% |
| Amounts payable | 17/49 | €23,161 | €40,138 | +€16,978 | +73.3% |
| Amounts payable within one year | 42/48 | €23,161 | €40,138 | +€16,978 | +73.3% |
| Financial debts | 43 | €702 | - | -€702 | |
| Credit institutions | 430/8 | €702 | - | -€702 | |
| Trade debts | 44 | €10,266 | €28,976 | +€18,711 | +182.3% |
| Suppliers | 440/4 | €10,266 | €28,976 | +€18,711 | +182.3% |
| Taxes, remuneration and social security | 45 | €11,749 | €10,717 | -€1,031 | -8.8% |
| Taxes | 450/3 | €174 | €174 | = | 0.0% |
| Remuneration and social security | 454/9 | €11,574 | €10,543 | -€1,031 | -8.9% |
| Other amounts payable | 47/48 | €445 | €445 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €111,743 | €92,341 | -€19,402 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,621 | €797 | -€8,824 | -91.7% |
| Other operating charges | 640/8 | €2,721 | €794 | -€1,927 | -70.8% |
| Gross operating margin | 9900 | €81,479 | €80,396 | -€1,082 | -1.3% |
| Operating profit (loss) | 9901 | -€42,606 | -€13,535 | +€29,071 | +68.2% |
| Financial income | 75/76B | €5 | €10 | +€5 | +116.9% |
| Recurring financial income | 75 | €5 | €10 | +€5 | +116.9% |
| Financial charges | 65/66B | €2,155 | €801 | -€1,354 | -62.8% |
| Recurring financial charges | 65 | €2,155 | €801 | -€1,354 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | -€44,757 | -€14,327 | +€30,430 | +68.0% |
| Income taxes | 67/77 | €161 | - | -€161 | |
| Profit (loss) for the period | 9904 | -€44,917 | -€14,327 | +€30,590 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,917 | -€14,327 | +€30,590 | +68.1% |
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.