WINTELL: 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.
WINTELL
Largest movements
- Intangible fixed assets -€77,368
no longer reported in 2024 (was €77,368)
- Receivables within one year +€8,583
up €8,583 (+43.8%), from €19,614 to €28,197
of which Trade receivables: +€10,646
- Cash -€3,610
down €3,610 (-36.0%), from €10,016 to €6,406
mainly Net result for the year (-€81,828) and Receivables within one year (-€8,583)
- Profit (loss) carried forward -€81,828
down €81,828 (-3.1%), from -€2.6m to -€2.7m
- Trade debts +€9,433
up €9,433 (+16.8%), from €56,273 to €65,706
- Financial charges -€11,833
down €11,833 (-97.5%), from €12,136 to €303
- Gross operating margin -€3,308
down €3,308, from €127 to -€3,181
- Depreciation -€695
down €695 (-1.5%), from €45,529 to €44,834
- Other operating charges -€297
down €297 (-23.4%), from €1,272 to €975
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,998 | €34,603 | -€72,395 | -67.7% |
| Fixed assets | 21/28 | €77,368 | - | -€77,368 | |
| Intangible fixed assets | 21 | €77,368 | - | -€77,368 | |
| Current assets | 29/58 | €29,630 | €34,603 | +€4,973 | +16.8% |
| Amounts receivable within one year | 40/41 | €19,614 | €28,197 | +€8,583 | +43.8% |
| Trade receivables | 40 | €15,802 | €26,448 | +€10,646 | +67.4% |
| Other amounts receivable | 41 | €3,811 | €1,749 | -€2,062 | -54.1% |
| Cash at bank and in hand | 54/58 | €10,016 | €6,406 | -€3,610 | -36.0% |
| Total equity and liabilities | 10/49 | €106,998 | €34,603 | -€72,395 | -67.7% |
| Equity | 10/15 | -€166,533 | -€248,361 | -€81,828 | -49.1% |
| Contributions | 10/11 | €2,444,444 | €2,444,444 | = | 0.0% |
| Capital | 10 | €2,444,444 | €2,444,444 | = | 0.0% |
| Issued capital | 100 | €2,444,444 | €2,444,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,610,977 | -€2,692,805 | -€81,828 | -3.1% |
| Amounts payable | 17/49 | €273,530 | €282,964 | +€9,434 | +3.4% |
| Amounts payable after more than one year | 17 | €114,800 | €114,800 | = | 0.0% |
| Financial debts | 170/4 | €114,800 | €114,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €158,730 | €168,164 | +€9,434 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €102,458 | €102,458 | +€0 | 0.0% |
| Trade debts | 44 | €56,273 | €65,706 | +€9,433 | +16.8% |
| Suppliers | 440/4 | €56,273 | €65,706 | +€9,433 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,529 | €44,834 | -€695 | -1.5% |
| Other operating charges | 640/8 | €1,272 | €975 | -€297 | -23.4% |
| Non-recurring operating charges | 66A | - | €32,535 | +€32,535 | |
| Gross operating margin | 9900 | €127 | -€3,181 | -€3,308 | |
| Operating profit (loss) | 9901 | -€46,674 | -€81,525 | -€34,851 | -74.7% |
| Financial charges | 65/66B | €12,136 | €303 | -€11,833 | -97.5% |
| Recurring financial charges | 65 | €12,136 | €303 | -€11,833 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | -€58,810 | -€81,828 | -€23,018 | -39.1% |
| Profit (loss) for the period | 9904 | -€58,810 | -€81,828 | -€23,018 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,810 | -€81,828 | -€23,018 | -39.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.