WINQLE: 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.
WINQLE
Largest movements
- Cash -€120,759
down €120,759 (-70.9%), from €170,357 to €49,598
mainly Trade debts (-€104,462) and Other debts (-€94,744)
- Tangible fixed assets -€17,978
down €17,978 (-13.9%), from €129,769 to €111,791
of which Other tangible fixed assets: -€10,509
- Receivables within one year +€16,296
up €16,296 (+27.2%), from €60,008 to €76,305
- Trade debts -€104,462
down €104,462 (-23.6%), from €442,967 to €338,504
- Other debts -€94,744
down €94,744 (-38.9%), from €243,264 to €148,520
- Profit (loss) carried forward +€42,976
up €42,976 (+66.4%), from -€64,720 to -€21,744
- Tax, wage and social debts +€10,772
up €10,772 (+17.1%), from €62,812 to €73,584
of which Taxes: +€20,069
- Staff costs +€110,359
up €110,359 (+81.9%), from €134,699 to €245,058
- Other operating charges +€16,763
up €16,763 (+114%), from €14,680 to €31,443
- Taxes +€13,064
up €13,064 (+329%), from €3,976 to €17,040
- Gross operating margin +€5,265
up €5,265 (+1.4%), from €382,226 to €387,491
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 | €778,428 | €645,256 | -€133,172 | -17.1% |
| Fixed assets | 21/28 | €135,041 | €117,564 | -€17,478 | -12.9% |
| Intangible fixed assets | 21 | €4,499 | €3,999 | -€500 | -11.1% |
| Tangible fixed assets | 22/27 | €129,769 | €111,791 | -€17,978 | -13.9% |
| Plant, machinery and equipment | 23 | €46,268 | €39,150 | -€7,118 | -15.4% |
| Furniture and vehicles | 24 | €6,002 | €5,652 | -€350 | -5.8% |
| Other tangible fixed assets | 26 | €77,499 | €66,990 | -€10,509 | -13.6% |
| Financial fixed assets | 28 | €774 | €1,774 | +€1,000 | +129% |
| Current assets | 29/58 | €643,386 | €527,692 | -€115,694 | -18.0% |
| Stocks and contracts in progress | 3 | €407,162 | €401,514 | -€5,648 | -1.4% |
| Stocks | 30/36 | €407,162 | €401,514 | -€5,648 | -1.4% |
| Amounts receivable within one year | 40/41 | €60,008 | €76,305 | +€16,296 | +27.2% |
| Other amounts receivable | 41 | €60,008 | €76,305 | +€16,296 | +27.2% |
| Cash at bank and in hand | 54/58 | €170,357 | €49,598 | -€120,759 | -70.9% |
| Deferred charges and accrued income | 490/1 | €5,860 | €275 | -€5,584 | -95.3% |
| Total equity and liabilities | 10/49 | €778,428 | €645,256 | -€133,172 | -17.1% |
| Equity | 10/15 | €29,385 | €72,362 | +€42,976 | +146% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €64,105 | €64,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Other | 1319 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €61,105 | €61,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,720 | -€21,744 | +€42,976 | +66.4% |
| Amounts payable | 17/49 | €749,042 | €572,894 | -€176,148 | -23.5% |
| Amounts payable within one year | 42/48 | €749,042 | €565,608 | -€183,434 | -24.5% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €442,967 | €338,504 | -€104,462 | -23.6% |
| Suppliers | 440/4 | €442,967 | €338,504 | -€104,462 | -23.6% |
| Taxes, remuneration and social security | 45 | €62,812 | €73,584 | +€10,772 | +17.1% |
| Taxes | 450/3 | €41,490 | €61,559 | +€20,069 | +48.4% |
| Remuneration and social security | 454/9 | €21,322 | €12,025 | -€9,297 | -43.6% |
| Other amounts payable | 47/48 | €243,264 | €148,520 | -€94,744 | -38.9% |
| Accrued charges and deferred income | 492/3 | - | €7,286 | +€7,286 | |
| Remuneration, social security and pensions | 62 | €134,699 | €245,058 | +€110,359 | +81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,361 | €20,978 | -€383 | -1.8% |
| Other operating charges | 640/8 | €14,680 | €31,443 | +€16,763 | +114% |
| Gross operating margin | 9900 | €382,226 | €387,491 | +€5,265 | +1.4% |
| Operating profit (loss) | 9901 | €211,487 | €90,014 | -€121,474 | -57.4% |
| Financial income | 75/76B | €45 | €1 | -€44 | -97.3% |
| Recurring financial income | 75 | €45 | €1 | -€44 | -97.3% |
| Financial charges | 65/66B | €28,132 | €29,998 | +€1,866 | +6.6% |
| Recurring financial charges | 65 | €28,132 | €29,998 | +€1,866 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €183,401 | €60,017 | -€123,384 | -67.3% |
| Income taxes | 67/77 | €3,976 | €17,040 | +€13,064 | +329% |
| Profit (loss) for the period | 9904 | €179,425 | €42,976 | -€136,448 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €179,425 | €42,976 | -€136,448 | -76.0% |
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 27 October 2026 via checked.be.