Winsideout: 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.
Winsideout
Largest movements
- Cash +€3,820
up €3,820 (+46.0%), from €8,296 to €12,116
mainly Net result for the year (+€3,820) and Deferred charges and accrued income (+€1,298)
- Tangible fixed assets +€1,644
new in 2025: €1,644
- Deferred charges and accrued income -€1,298
down €1,298 (-23.5%), from €5,524 to €4,227
- Receivables within one year -€1,143
down €1,143 (-64.1%), from €1,783 to €640
of which Trade receivables: -€587
- Stocks and contracts -€1,078
no longer reported in 2025 (was €1,078)
- Reserves +€3,820
up €3,820 (+116.1%), from €3,290 to €7,110
- Trade debts -€3,005
down €3,005 (-94.0%), from €3,196 to €191
- Tax, wage and social debts +€634
up €634 (+87.8%), from €722 to €1,356
- Other debts +€496
up €496 (+25.1%), from €1,974 to €2,470
- Gross operating margin +€3,727
up €3,727 (+108.7%), from €3,427 to €7,154
- Taxes +€1,272
up €1,272 (+185.0%), from €688 to €1,960
- Depreciation +€444
new in 2025: €444
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 | €17,182 | €19,126 | +€1,945 | +11.3% |
| Fixed assets | 21/28 | €500 | €2,144 | +€1,644 | +328.7% |
| Tangible fixed assets | 22/27 | - | €1,644 | +€1,644 | |
| Plant, machinery and equipment | 23 | - | €1,644 | +€1,644 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €16,682 | €16,983 | +€301 | +1.8% |
| Stocks and contracts in progress | 3 | €1,078 | - | -€1,078 | |
| Stocks | 30/36 | €1,078 | - | -€1,078 | |
| Amounts receivable within one year | 40/41 | €1,783 | €640 | -€1,143 | -64.1% |
| Trade receivables | 40 | €1,226 | €640 | -€587 | -47.8% |
| Other amounts receivable | 41 | €557 | - | -€557 | |
| Cash at bank and in hand | 54/58 | €8,296 | €12,116 | +€3,820 | +46.0% |
| Deferred charges and accrued income | 490/1 | €5,524 | €4,227 | -€1,298 | -23.5% |
| Total equity and liabilities | 10/49 | €17,182 | €19,126 | +€1,945 | +11.3% |
| Equity | 10/15 | €11,290 | €15,110 | +€3,820 | +33.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €3,290 | €7,110 | +€3,820 | +116.1% |
| Distributable reserves | 133 | €3,290 | €7,110 | +€3,820 | +116.1% |
| Amounts payable | 17/49 | €5,892 | €4,016 | -€1,875 | -31.8% |
| Amounts payable within one year | 42/48 | €5,892 | €4,016 | -€1,875 | -31.8% |
| Trade debts | 44 | €3,196 | €191 | -€3,005 | -94.0% |
| Suppliers | 440/4 | €3,196 | €191 | -€3,005 | -94.0% |
| Taxes, remuneration and social security | 45 | €722 | €1,356 | +€634 | +87.8% |
| Taxes | 450/3 | €722 | €1,356 | +€634 | +87.8% |
| Other amounts payable | 47/48 | €1,974 | €2,470 | +€496 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €444 | +€444 | |
| Other operating charges | 640/8 | €675 | €638 | -€37 | -5.4% |
| Gross operating margin | 9900 | €3,427 | €7,154 | +€3,727 | +108.7% |
| Operating profit (loss) | 9901 | €2,752 | €6,072 | +€3,319 | +120.6% |
| Financial income | 75/76B | €90 | €20 | -€70 | -78.0% |
| Recurring financial income | 75 | €90 | €20 | -€70 | -78.0% |
| Financial charges | 65/66B | €342 | €311 | -€30 | -8.9% |
| Recurring financial charges | 65 | €342 | €311 | -€30 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €2,500 | €5,780 | +€3,280 | +131.2% |
| Income taxes | 67/77 | €688 | €1,960 | +€1,272 | +185.0% |
| Profit (loss) for the period | 9904 | €1,812 | €3,820 | +€2,008 | +110.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,812 | €3,820 | +€2,008 | +110.8% |
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 9 October 2026 via checked.be.