WINTAX: 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.
WINTAX
Largest movements
- Receivables within one year +€13,652
up €13,652 (+224.1%), from €6,092 to €19,744
of which Trade receivables: +€13,652
- Cash +€11,375
up €11,375 (+215.7%), from €5,274 to €16,649
mainly Net result for the year (+€24,773) and Tax, wage and social debts (+€11,633)
- Tangible fixed assets -€1,063
down €1,063 (-2.7%), from €38,665 to €37,602
of which Leasing and similar rights: -€8,175
- Profit (loss) carried forward +€24,773
up €24,773 (+28393.2%), from €87 to €24,860
- Tax, wage and social debts +€11,633
up €11,633 (+248.7%), from €4,677 to €16,310
- Other debts -€7,894
no longer reported in 2025 (was €7,894)
- Debts after one year -€7,551
down €7,551 (-26.0%), from €29,097 to €21,546
- Trade debts +€2,180
up €2,180 (+112.8%), from €1,934 to €4,114
- Gross operating margin +€30,299
up €30,299 (+168.5%), from €17,979 to €48,279
- Other operating charges -€8,328
down €8,328 (-79.7%), from €10,445 to €2,117
- Taxes +€7,091
up €7,091 (+338.1%), from €2,097 to €9,188
- Depreciation +€6,678
up €6,678 (+302.0%), from €2,211 to €8,889
- Financial charges +€1,060
up €1,060 (+47.1%), from €2,251 to €3,311
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 | €50,724 | €74,811 | +€24,087 | +47.5% |
| Fixed assets | 21/28 | €38,665 | €37,602 | -€1,063 | -2.7% |
| Tangible fixed assets | 22/27 | €38,665 | €37,602 | -€1,063 | -2.7% |
| Plant, machinery and equipment | 23 | - | €1,825 | +€1,825 | |
| Furniture and vehicles | 24 | - | €5,288 | +€5,288 | |
| Leasing and similar rights | 25 | €38,665 | €30,490 | -€8,175 | -21.1% |
| Current assets | 29/58 | €12,059 | €37,209 | +€25,150 | +208.6% |
| Amounts receivable within one year | 40/41 | €6,092 | €19,744 | +€13,652 | +224.1% |
| Trade receivables | 40 | €6,092 | €19,744 | +€13,652 | +224.1% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,274 | €16,649 | +€11,375 | +215.7% |
| Deferred charges and accrued income | 490/1 | €693 | €816 | +€124 | +17.9% |
| Total equity and liabilities | 10/49 | €50,724 | €74,811 | +€24,087 | +47.5% |
| Equity | 10/15 | €1,087 | €25,860 | +€24,773 | +2278.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87 | €24,860 | +€24,773 | +28393.2% |
| Amounts payable | 17/49 | €49,637 | €48,951 | -€686 | -1.4% |
| Amounts payable after more than one year | 17 | €29,097 | €21,546 | -€7,551 | -26.0% |
| Financial debts | 170/4 | €29,097 | €21,546 | -€7,551 | -26.0% |
| Amounts payable within one year | 42/48 | €20,540 | €27,405 | +€6,865 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €6,035 | €6,981 | +€946 | +15.7% |
| Trade debts | 44 | €1,934 | €4,114 | +€2,180 | +112.8% |
| Suppliers | 440/4 | €1,934 | €4,114 | +€2,180 | +112.8% |
| Taxes, remuneration and social security | 45 | €4,677 | €16,310 | +€11,633 | +248.7% |
| Taxes | 450/3 | €4,677 | €16,310 | +€11,633 | +248.7% |
| Other amounts payable | 47/48 | €7,894 | - | -€7,894 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,211 | €8,889 | +€6,678 | +302.0% |
| Other operating charges | 640/8 | €10,445 | €2,117 | -€8,328 | -79.7% |
| Gross operating margin | 9900 | €17,979 | €48,279 | +€30,299 | +168.5% |
| Operating profit (loss) | 9901 | €5,323 | €37,272 | +€31,949 | +600.2% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,251 | €3,311 | +€1,060 | +47.1% |
| Recurring financial charges | 65 | €2,251 | €3,311 | +€1,060 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €3,081 | €33,961 | +€30,879 | +1002.1% |
| Income taxes | 67/77 | €2,097 | €9,188 | +€7,091 | +338.1% |
| Profit (loss) for the period | 9904 | €984 | €24,773 | +€23,789 | +2416.7% |
| Profit (loss) for the period to be appropriated | 9905 | €984 | €24,773 | +€23,789 | +2416.7% |
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 12 October 2026 via checked.be.