WINSTON & ME: 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.
WINSTON & ME
Largest movements
- Cash -€4,130
down €4,130 (-41.8%), from €9,880 to €5,750
mainly Net result for the year (-€3,244) and Receivables within one year (-€1,920)
- Receivables within one year +€1,920
up €1,920 (+304%), from €631 to €2,551
of which Trade receivables: +€1,815
- Tangible fixed assets -€1,313
down €1,313 (-56.0%), from €2,347 to €1,033
- Profit (loss) carried forward -€3,244
down €3,244 (-30.3%), from -€10,706 to -€13,950
- Trade debts -€632
down €632 (-38.5%), from €1,642 to €1,010
- Debts after one year +€353
up €353 (+12.6%), from €2,805 to €3,158
- Gross operating margin -€1,687
down €1,687, from €183 to -€1,505
- Other operating charges +€254
up €254 (+254%), from €100 to €354
- Depreciation -€89
down €89 (-6.3%), from €1,402 to €1,313
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 | €12,857 | €9,335 | -€3,523 | -27.4% |
| Fixed assets | 21/28 | €2,347 | €1,033 | -€1,313 | -56.0% |
| Tangible fixed assets | 22/27 | €2,347 | €1,033 | -€1,313 | -56.0% |
| Furniture and vehicles | 24 | €2,347 | €1,033 | -€1,313 | -56.0% |
| Current assets | 29/58 | €10,511 | €8,301 | -€2,210 | -21.0% |
| Amounts receivable within one year | 40/41 | €631 | €2,551 | +€1,920 | +304% |
| Trade receivables | 40 | €605 | €2,420 | +€1,815 | +300% |
| Other amounts receivable | 41 | €26 | €131 | +€105 | +401% |
| Cash at bank and in hand | 54/58 | €9,880 | €5,750 | -€4,130 | -41.8% |
| Total equity and liabilities | 10/49 | €12,857 | €9,335 | -€3,523 | -27.4% |
| Equity | 10/15 | €8,411 | €5,167 | -€3,244 | -38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €516 | €516 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €516 | €516 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,706 | -€13,950 | -€3,244 | -30.3% |
| Amounts payable | 17/49 | €4,447 | €4,168 | -€279 | -6.3% |
| Amounts payable after more than one year | 17 | €2,805 | €3,158 | +€353 | +12.6% |
| Other amounts payable | 178/9 | €2,805 | €3,158 | +€353 | +12.6% |
| Amounts payable within one year | 42/48 | €1,642 | €1,010 | -€632 | -38.5% |
| Trade debts | 44 | €1,642 | €1,010 | -€632 | -38.5% |
| Suppliers | 440/4 | €1,642 | €1,010 | -€632 | -38.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,402 | €1,313 | -€89 | -6.3% |
| Other operating charges | 640/8 | €100 | €354 | +€254 | +254% |
| Gross operating margin | 9900 | €183 | -€1,505 | -€1,687 | |
| Operating profit (loss) | 9901 | -€1,319 | -€3,172 | -€1,852 | -140% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €68 | €72 | +€5 | +6.9% |
| Recurring financial charges | 65 | €68 | €72 | +€5 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,387 | -€3,244 | -€1,857 | -134% |
| Profit (loss) for the period | 9904 | -€1,387 | -€3,244 | -€1,857 | -134% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,387 | -€3,244 | -€1,857 | -134% |
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 24 October 2026 via checked.be.