WINSTEIN INVEST: 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.
WINSTEIN INVEST
Largest movements
- Cash -€528
no longer reported in 2025 (was €528)
mainly Short-term financial debts (-€528) and Trade debts (-€197)
- Receivables within one year +€150
new in 2025: €150
- Short-term financial debts -€528
down €528 (-0.5%), from €105,327 to €104,799
- Profit (loss) carried forward +€348
up €348 (+0.2%), from -€166,970 to -€166,622
- Trade debts -€197
no longer reported in 2025 (was €197)
- Financial income +€348
new in 2025: €348
of which Financial income: +€348
- Gross operating margin +€197
no longer reported in 2025 (was -€197)
- Purchases and services -€197
no longer reported in 2025 (was €197)
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 | €528 | €150 | -€378 | -71.6% |
| Current assets | 29/58 | €528 | €150 | -€378 | -71.6% |
| Amounts receivable within one year | 40/41 | - | €150 | +€150 | |
| Other amounts receivable | 41 | - | €150 | +€150 | |
| Cash at bank and in hand | 54/58 | €528 | - | -€528 | |
| Total equity and liabilities | 10/49 | €528 | €150 | -€378 | -71.6% |
| Equity | 10/15 | -€104,996 | -€104,649 | +€348 | +0.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,970 | -€166,622 | +€348 | +0.2% |
| Amounts payable | 17/49 | €105,524 | €104,799 | -€725 | -0.7% |
| Amounts payable within one year | 42/48 | €105,524 | €104,799 | -€725 | -0.7% |
| Financial debts | 43 | €105,327 | €104,799 | -€528 | -0.5% |
| Other loans | 439 | €105,327 | €104,799 | -€528 | -0.5% |
| Trade debts | 44 | €197 | - | -€197 | |
| Suppliers | 440/4 | €197 | - | -€197 | |
| Goods, raw materials, services and sundry goods | 60/61 | €197 | - | -€197 | |
| Gross operating margin | 9900 | -€197 | - | +€197 | |
| Operating profit (loss) | 9901 | -€197 | - | +€197 | |
| Financial income | 75/76B | - | €348 | +€348 | |
| Recurring financial income | 75 | - | €348 | +€348 | |
| Non-recurring financial income | 76B | - | €348 | +€348 | |
| Profit (loss) for the period before taxes | 9903 | -€197 | €348 | +€545 | |
| Profit (loss) for the period | 9904 | -€197 | €348 | +€545 | |
| Profit (loss) for the period to be appropriated | 9905 | -€197 | €348 | +€545 |
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 1 November 2026 via checked.be.