Winters-Van Asten: 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.
Winters-Van Asten
Largest movements
- Receivables within one year -€78,039
down €78,039 (-54.3%), from €143,750 to €65,712
of which Other amounts receivable: -€53,718
- Cash +€72,897
up €72,897 (+957%), from €7,618 to €80,515
mainly Receivables within one year (+€78,039) and Depreciation (+€25,172)
- Intangible fixed assets -€17,875
down €17,875 (-18.6%), from €96,182 to €78,307
- Deferred charges and accrued income -€5,287
down €5,287 (-92.0%), from €5,746 to €459
- Tangible fixed assets -€4,063
down €4,063 (-19.9%), from €20,390 to €16,327
of which Furniture and vehicles: -€2,265
- Reserves -€25,600
down €25,600 (-11.2%), from €227,600 to €202,000
- Tax, wage and social debts -€11,654
down €11,654 (-62.3%), from €18,721 to €7,067
of which Taxes: -€12,030
- Trade debts +€4,852
up €4,852 (+73.5%), from €6,603 to €11,455
- Gross operating margin -€38,712
down €38,712 (-44.3%), from €87,314 to €48,602
- Taxes -€12,226
down €12,226 (-57.7%), from €21,204 to €8,978
- Staff costs +€5,766
new in 2025: €5,766
- Financial income -€1,557
down €1,557 (-26.9%), from €5,779 to €4,221
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 | €273,686 | €241,320 | -€32,366 | -11.8% |
| Fixed assets | 21/28 | €116,572 | €94,634 | -€21,938 | -18.8% |
| Intangible fixed assets | 21 | €96,182 | €78,307 | -€17,875 | -18.6% |
| Tangible fixed assets | 22/27 | €20,390 | €16,327 | -€4,063 | -19.9% |
| Land and buildings | 22 | €380 | €285 | -€95 | -25.0% |
| Plant, machinery and equipment | 23 | €7,770 | €6,066 | -€1,703 | -21.9% |
| Furniture and vehicles | 24 | €12,240 | €9,976 | -€2,265 | -18.5% |
| Current assets | 29/58 | €157,114 | €146,686 | -€10,428 | -6.6% |
| Amounts receivable within one year | 40/41 | €143,750 | €65,712 | -€78,039 | -54.3% |
| Trade receivables | 40 | €47,020 | €22,699 | -€24,321 | -51.7% |
| Other amounts receivable | 41 | €96,730 | €43,012 | -€53,718 | -55.5% |
| Cash at bank and in hand | 54/58 | €7,618 | €80,515 | +€72,897 | +957% |
| Deferred charges and accrued income | 490/1 | €5,746 | €459 | -€5,287 | -92.0% |
| Total equity and liabilities | 10/49 | €273,686 | €241,320 | -€32,366 | -11.8% |
| Equity | 10/15 | €248,362 | €222,799 | -€25,564 | -10.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €227,600 | €202,000 | -€25,600 | -11.2% |
| Distributable reserves | 133 | €227,600 | €202,000 | -€25,600 | -11.2% |
| Profit (loss) carried forward | 14 | €302 | €339 | +€36 | +12.0% |
| Amounts payable | 17/49 | €25,323 | €18,521 | -€6,802 | -26.9% |
| Amounts payable within one year | 42/48 | €25,323 | €18,521 | -€6,802 | -26.9% |
| Trade debts | 44 | €6,603 | €11,455 | +€4,852 | +73.5% |
| Suppliers | 440/4 | €6,603 | €11,455 | +€4,852 | +73.5% |
| Taxes, remuneration and social security | 45 | €18,721 | €7,067 | -€11,654 | -62.3% |
| Taxes | 450/3 | €15,121 | €3,091 | -€12,030 | -79.6% |
| Remuneration and social security | 454/9 | €3,600 | €3,975 | +€375 | +10.4% |
| Remuneration, social security and pensions | 62 | - | €5,766 | +€5,766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,584 | €25,172 | +€588 | +2.4% |
| Other operating charges | 640/8 | €1,406 | €2,036 | +€630 | +44.8% |
| Gross operating margin | 9900 | €87,314 | €48,602 | -€38,712 | -44.3% |
| Operating profit (loss) | 9901 | €61,324 | €15,628 | -€45,696 | -74.5% |
| Financial income | 75/76B | €5,779 | €4,221 | -€1,557 | -26.9% |
| Recurring financial income | 75 | €5,779 | €4,221 | -€1,557 | -26.9% |
| Financial charges | 65/66B | €175 | €185 | +€10 | +5.7% |
| Recurring financial charges | 65 | €175 | €185 | +€10 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €66,928 | €19,664 | -€47,263 | -70.6% |
| Income taxes | 67/77 | €21,204 | €8,978 | -€12,226 | -57.7% |
| Profit (loss) for the period | 9904 | €45,723 | €10,686 | -€35,037 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,723 | €10,686 | -€35,037 | -76.6% |
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 23 October 2026 via checked.be.