WINSIS: 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.
WINSIS
Largest movements
- Current investments -€175,367
down €175,367 (-70.6%), from €248,498 to €73,130
- Cash +€90,951
up €90,951 (+150%), from €60,810 to €151,761
mainly Current portion of long-term debt (+€246,349) and Current investments (+€175,367)
- Other debts -€300,000
no longer reported in 2025 (was €300,000)
- Current portion of long-term debt +€246,349
new in 2025: €246,349
- Profit (loss) carried forward -€31,046
down €31,046 (-76.5%), from -€40,562 to -€71,607
- Financial charges +€40,882
up €40,882 (+281%), from €14,549 to €55,431
- Financial income +€2,445
up €2,445 (+11.0%), from €22,255 to €24,700
- Depreciation -€510
down €510 (-83.3%), from €612 to €102
- Other operating charges -€33
down €33 (-18.4%), from €180 to €147
- Gross operating margin -€2
down €2 (-3.0%), from -€64 to -€66
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 | €310,798 | €225,578 | -€85,220 | -27.4% |
| Fixed assets | 21/28 | €102 | - | -€102 | |
| Tangible fixed assets | 22/27 | €102 | - | -€102 | |
| Furniture and vehicles | 24 | €102 | - | -€102 | |
| Current assets | 29/58 | €310,696 | €225,578 | -€85,118 | -27.4% |
| Amounts receivable within one year | 40/41 | €1,389 | €686 | -€702 | -50.6% |
| Other amounts receivable | 41 | €1,389 | €686 | -€702 | -50.6% |
| Current investments | 50/53 | €248,498 | €73,130 | -€175,367 | -70.6% |
| Cash at bank and in hand | 54/58 | €60,810 | €151,761 | +€90,951 | +150% |
| Total equity and liabilities | 10/49 | €310,798 | €225,578 | -€85,220 | -27.4% |
| Equity | 10/15 | -€32,502 | -€63,547 | -€31,046 | -95.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,562 | -€71,607 | -€31,046 | -76.5% |
| Amounts payable | 17/49 | €343,300 | €289,125 | -€54,175 | -15.8% |
| Amounts payable within one year | 42/48 | €300,000 | €246,349 | -€53,651 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | - | €246,349 | +€246,349 | |
| Other amounts payable | 47/48 | €300,000 | - | -€300,000 | |
| Accrued charges and deferred income | 492/3 | €43,300 | €42,777 | -€523 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €612 | €102 | -€510 | -83.3% |
| Other operating charges | 640/8 | €180 | €147 | -€33 | -18.4% |
| Gross operating margin | 9900 | -€64 | -€66 | -€2 | -3.0% |
| Operating profit (loss) | 9901 | -€856 | -€315 | +€541 | +63.2% |
| Financial income | 75/76B | €22,255 | €24,700 | +€2,445 | +11.0% |
| Recurring financial income | 75 | €22,255 | €24,700 | +€2,445 | +11.0% |
| Financial charges | 65/66B | €14,549 | €55,431 | +€40,882 | +281% |
| Recurring financial charges | 65 | €14,549 | €55,431 | +€40,882 | +281% |
| Profit (loss) for the period before taxes | 9903 | €6,850 | -€31,046 | -€37,896 | |
| Profit (loss) for the period | 9904 | €6,850 | -€31,046 | -€37,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,850 | -€31,046 | -€37,896 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.