WINTEK: 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.
What changed
WINTEK
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,662
2024 · -€181,678+€188,340
Equity
-€107,377
2024 · -€114,039+€6,662
Cash
€82,010
2024 · €41,828+€40,182
Balance sheet total
€1.3m
2024 · €1.2m+€83,497
Largest movements
Assets
- Stocks and contracts +€46,321
up €46,321 (+13.5%), from €343,189 to €389,510
of which Contracts in progress: +€29,559
- Cash +€40,182
up €40,182 (+96.1%), from €41,828 to €82,010
mainly Trade debts (+€54,117) and Depreciation (+€39,094)
Equity and liabilities
- Trade debts +€54,117
up €54,117 (+6.2%), from €867,175 to €921,292
- Debts after one year -€42,908
down €42,908 (-37.0%), from €116,118 to €73,210
- Short-term financial debts +€35,000
up €35,000 (+17.5%), from €200,000 to €235,000
- Tax, wage and social debts +€23,109
up €23,109 (+33.3%), from €69,351 to €92,460
of which Remuneration and social security: +€17,705
Income statement
- Gross operating margin +€207,001
up €207,001 (+81.3%), from €254,693 to €461,694
- Staff costs +€11,140
up €11,140 (+3.0%), from €368,584 to €379,724
- Depreciation +€9,604
up €9,604 (+32.6%), from €29,490 to €39,094
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.
Result 2024
-€181,678
Gross operating margin
+€207,001
Staff costs
-€11,140
Depreciation
-€9,604
Other operating charges
-€406
Other operating items
+€1,022
Financial income
+€1,207
Financial charges
+€323
Taxes
-€65
Result 2025
€6,662
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€72,810
Investment
-€29,798
Financing
-€2,829
Cash 2024
€41,828
From operations (derived)
+€72,810
Net result for the year
+€6,662
Depreciation
+€39,094
Stocks and contracts
-€46,321
Receivables within one year
-€4,767
Deferred charges and accrued income
-€1,523
Trade debts
+€54,117
Tax, wage and social debts
+€23,109
Accrued charges and deferred income
+€2,439
Investment (derived)
-€29,798
Investment in fixed assets (net)
-€29,798
Financing
-€2,829
Debts after one year
-€42,908
Current portion of long-term debt
+€5,079
Short-term financial debts
+€35,000
Cash 2025
€82,010
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,189,636 | €1,273,133 | +€83,497 | +7.0% |
| Fixed assets | 21/28 | €110,062 | €100,766 | -€9,295 | -8.4% |
| Tangible fixed assets | 22/27 | €108,347 | €99,677 | -€8,670 | -8.0% |
| Land and buildings | 22 | €1,710 | €1,392 | -€319 | -18.6% |
| Plant, machinery and equipment | 23 | €22,079 | €32,541 | +€10,462 | +47.4% |
| Furniture and vehicles | 24 | €43,394 | €36,457 | -€6,937 | -16.0% |
| Leasing and similar rights | 25 | €41,164 | €29,287 | -€11,877 | -28.9% |
| Financial fixed assets | 28 | €1,714 | €1,089 | -€625 | -36.5% |
| Current assets | 29/58 | €1,079,574 | €1,172,367 | +€92,792 | +8.6% |
| Stocks and contracts in progress | 3 | €343,189 | €389,510 | +€46,321 | +13.5% |
| Stocks | 30/36 | €256,323 | €273,085 | +€16,762 | +6.5% |
| Contracts in progress | 37 | €86,866 | €116,425 | +€29,559 | +34.0% |
| Amounts receivable within one year | 40/41 | €692,915 | €697,682 | +€4,767 | +0.7% |
| Trade receivables | 40 | €574,105 | €557,320 | -€16,785 | -2.9% |
| Other amounts receivable | 41 | €118,811 | €140,362 | +€21,552 | +18.1% |
| Cash at bank and in hand | 54/58 | €41,828 | €82,010 | +€40,182 | +96.1% |
| Deferred charges and accrued income | 490/1 | €1,642 | €3,165 | +€1,523 | +92.7% |
| Total equity and liabilities | 10/49 | €1,189,636 | €1,273,133 | +€83,497 | +7.0% |
| Equity | 10/15 | -€114,039 | -€107,377 | +€6,662 | +5.8% |
| Contributions | 10/11 | €147,559 | €147,559 | = | 0.0% |
| Capital | 10 | €147,559 | €147,559 | = | 0.0% |
| Issued capital | 100 | €147,559 | €147,559 | = | 0.0% |
| Reserves | 13 | €30,302 | €30,302 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,879 | €5,879 | = | 0.0% |
| Legal reserve | 130 | €5,879 | €5,879 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,727 | €6,727 | = | 0.0% |
| Distributable reserves | 133 | €17,695 | €17,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€291,900 | -€285,238 | +€6,662 | +2.3% |
| Amounts payable | 17/49 | €1,303,675 | €1,380,509 | +€76,835 | +5.9% |
| Amounts payable after more than one year | 17 | €116,118 | €73,210 | -€42,908 | -37.0% |
| Financial debts | 170/4 | €116,118 | €73,210 | -€42,908 | -37.0% |
| Amounts payable within one year | 42/48 | €1,181,909 | €1,299,213 | +€117,304 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €45,383 | €50,462 | +€5,079 | +11.2% |
| Financial debts | 43 | €200,000 | €235,000 | +€35,000 | +17.5% |
| Credit institutions | 430/8 | €200,000 | €235,000 | +€35,000 | +17.5% |
| Trade debts | 44 | €867,175 | €921,292 | +€54,117 | +6.2% |
| Suppliers | 440/4 | €867,175 | €921,292 | +€54,117 | +6.2% |
| Taxes, remuneration and social security | 45 | €69,351 | €92,460 | +€23,109 | +33.3% |
| Taxes | 450/3 | €12,480 | €17,884 | +€5,404 | +43.3% |
| Remuneration and social security | 454/9 | €56,871 | €74,576 | +€17,705 | +31.1% |
| Accrued charges and deferred income | 492/3 | €5,648 | €8,086 | +€2,439 | +43.2% |
| Non-recurring operating income | 76A | €27,400 | €1,164 | -€26,236 | -95.8% |
| Remuneration, social security and pensions | 62 | €368,584 | €379,724 | +€11,140 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,490 | €39,094 | +€9,604 | +32.6% |
| Other operating charges | 640/8 | €17,023 | €17,429 | +€406 | +2.4% |
| Non-recurring operating charges | 66A | €1,022 | - | -€1,022 | |
| Gross operating margin | 9900 | €254,693 | €461,694 | +€207,001 | +81.3% |
| Operating profit (loss) | 9901 | -€161,426 | €25,448 | +€186,874 | |
| Financial income | 75/76B | €1,350 | €2,557 | +€1,207 | +89.4% |
| Recurring financial income | 75 | €1,350 | €2,557 | +€1,207 | +89.4% |
| Financial charges | 65/66B | €20,997 | €20,673 | -€323 | -1.5% |
| Recurring financial charges | 65 | €20,747 | €20,673 | -€73 | -0.4% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | -€181,073 | €7,331 | +€188,405 | |
| Income taxes | 67/77 | €604 | €669 | +€65 | +10.7% |
| Profit (loss) for the period | 9904 | -€181,678 | €6,662 | +€188,340 | |
| Profit (loss) for the period to be appropriated | 9905 | -€181,678 | €6,662 | +€188,340 |
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 27 October 2026 via checked.be.