Winstone: what changed
Two fiscal 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.
Winstone
Largest movements
- Current investments +€272,630
up €272,630 (+50.2%), from €542,708 to €815,338
- Financial fixed assets +€20,000
up €20,000 (+57.1%), from €35,000 to €55,000
- Cash -€10,889
down €10,889 (-66.3%), from €16,417 to €5,528
mainly Current investments (-€272,630) and Investment in fixed assets (net) (-€20,000)
- Debts after one year +€285,000
up €285,000 (+49.3%), from €577,552 to €862,552
- Gross operating margin -€64
down €64 (-2.4%), from -€2,644 to -€2,708
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 | €594,125 | €875,866 | +€281,741 | +47.4% |
| Fixed assets | 21/28 | €35,000 | €55,000 | +€20,000 | +57.1% |
| Financial fixed assets | 28 | €35,000 | €55,000 | +€20,000 | +57.1% |
| Current assets | 29/58 | €559,125 | €820,866 | +€261,741 | +46.8% |
| Current investments | 50/53 | €542,708 | €815,338 | +€272,630 | +50.2% |
| Cash at bank and in hand | 54/58 | €16,417 | €5,528 | -€10,889 | -66.3% |
| Total equity and liabilities | 10/49 | €594,125 | €875,866 | +€281,741 | +47.4% |
| Equity | 10/15 | €16,573 | €13,314 | -€3,259 | -19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,887 | -€7,146 | -€3,259 | -83.8% |
| Amounts payable | 17/49 | €577,552 | €862,552 | +€285,000 | +49.3% |
| Amounts payable after more than one year | 17 | €577,552 | €862,552 | +€285,000 | +49.3% |
| Financial debts | 170/4 | €577,552 | €862,552 | +€285,000 | +49.3% |
| Other operating charges | 640/8 | €512 | €521 | +€9 | +1.7% |
| Gross operating margin | 9900 | -€2,644 | -€2,708 | -€64 | -2.4% |
| Operating profit (loss) | 9901 | -€3,156 | -€3,229 | -€72 | -2.3% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,186 | -€3,259 | -€72 | -2.3% |
| Profit (loss) for the period | 9904 | -€3,186 | -€3,259 | -€72 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,186 | -€3,259 | -€72 | -2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.