WINVESTA: 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.
WINVESTA
Largest movements
- Receivables within one year -€825,660
down €825,660 (-63.9%), from €1.3m to €466,432
of which Trade receivables: -€609,338
- Financial fixed assets +€600,000
up €600,000 (+193,630%), from €310 to €600,310
- Tangible fixed assets -€78,902
down €78,902 (-16.2%), from €488,556 to €409,654
- Deferred charges and accrued income +€22,413
new in 2024: €22,413
- Other debts -€223,371
down €223,371 (-87.2%), from €256,069 to €32,698
- Profit (loss) carried forward -€66,883
down €66,883 (-3.1%), from -€2.2m to -€2.2m
- Financial income +€105,710
new in 2024: €105,710
- Depreciation -€17,140
down €17,140 (-17.8%), from €96,043 to €78,902
- Gross operating margin -€5,195
down €5,195 (-68.0%), from -€7,643 to -€12,838
- Financial charges -€546
down €546 (-0.7%), from €81,218 to €80,672
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.
Derived cash bridge
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 | €1,780,961 | €1,498,812 | -€282,150 | -15.8% |
| Fixed assets | 21/28 | €488,866 | €1,009,963 | +€521,098 | +107% |
| Tangible fixed assets | 22/27 | €488,556 | €409,654 | -€78,902 | -16.2% |
| Land and buildings | 22 | €488,556 | €409,654 | -€78,902 | -16.2% |
| Financial fixed assets | 28 | €310 | €600,310 | +€600,000 | +193,630% |
| Current assets | 29/58 | €1,292,096 | €488,848 | -€803,247 | -62.2% |
| Amounts receivable within one year | 40/41 | €1,292,092 | €466,432 | -€825,660 | -63.9% |
| Trade receivables | 40 | €619,338 | €10,000 | -€609,338 | -98.4% |
| Other amounts receivable | 41 | €672,754 | €456,432 | -€216,322 | -32.2% |
| Cash at bank and in hand | 54/58 | €3 | €3 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €22,413 | +€22,413 | |
| Total equity and liabilities | 10/49 | €1,780,961 | €1,498,812 | -€282,150 | -15.8% |
| Equity | 10/15 | €215,599 | €148,716 | -€66,883 | -31.0% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €870,000 | €870,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €720,000 | €720,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,154,401 | -€2,221,284 | -€66,883 | -3.1% |
| Amounts payable | 17/49 | €1,565,362 | €1,350,095 | -€215,267 | -13.8% |
| Amounts payable after more than one year | 17 | €1,300,000 | €1,300,000 | = | 0.0% |
| Financial debts | 170/4 | €1,300,000 | €1,300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €265,362 | €50,095 | -€215,267 | -81.1% |
| Financial debts | 43 | €201 | €373 | +€172 | +85.4% |
| Credit institutions | 430/8 | €201 | €373 | +€172 | +85.4% |
| Trade debts | 44 | €9,092 | €17,025 | +€7,933 | +87.2% |
| Suppliers | 440/4 | €9,092 | €17,025 | +€7,933 | +87.2% |
| Other amounts payable | 47/48 | €256,069 | €32,698 | -€223,371 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,043 | €78,902 | -€17,140 | -17.8% |
| Other operating charges | 640/8 | €180 | €180 | = | 0.0% |
| Gross operating margin | 9900 | -€7,643 | -€12,838 | -€5,195 | -68.0% |
| Operating profit (loss) | 9901 | -€103,866 | -€91,920 | +€11,946 | +11.5% |
| Financial income | 75/76B | - | €105,710 | +€105,710 | |
| Recurring financial income | 75 | - | €105,710 | +€105,710 | |
| Financial charges | 65/66B | €81,218 | €80,672 | -€546 | -0.7% |
| Recurring financial charges | 65 | €81,218 | €80,672 | -€546 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€185,084 | -€66,883 | +€118,202 | +63.9% |
| Profit (loss) for the period | 9904 | -€185,084 | -€66,883 | +€118,202 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€185,084 | -€66,883 | +€118,202 | +63.9% |
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 13 October 2026 via checked.be.