WINVISION2020: 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.
WINVISION2020
Largest movements
- Tangible fixed assets +€600,000
new in 2025: €600,000
- Debts after one year +€600,000
new in 2025: €600,000
- Gross operating margin -€3,513
down €3,513 (-534%), from -€658 to -€4,171
- Other operating charges -€121
down €121 (-14.8%), from €819 to €697
- Taxes -€116
down €116 (-100%), from €116 to €0
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 | €62,342 | €659,297 | +€596,954 | +958% |
| Fixed assets | 21/28 | - | €600,000 | +€600,000 | |
| Tangible fixed assets | 22/27 | - | €600,000 | +€600,000 | |
| Land and buildings | 22 | - | €600,000 | +€600,000 | |
| Current assets | 29/58 | €62,342 | €59,297 | -€3,046 | -4.9% |
| Amounts receivable within one year | 40/41 | €59,750 | €59,050 | -€700 | -1.2% |
| Other amounts receivable | 41 | €59,750 | €59,050 | -€700 | -1.2% |
| Cash at bank and in hand | 54/58 | €2,592 | €247 | -€2,346 | -90.5% |
| Total equity and liabilities | 10/49 | €62,342 | €659,297 | +€596,954 | +958% |
| Equity | 10/15 | €62,158 | €59,180 | -€2,978 | -4.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,492 | -€8,470 | -€2,978 | -54.2% |
| Amounts payable | 17/49 | €185 | €600,116 | +€599,932 | +324,814% |
| Amounts payable after more than one year | 17 | - | €600,000 | +€600,000 | |
| Financial debts | 170/4 | - | €600,000 | +€600,000 | |
| Amounts payable within one year | 42/48 | €185 | €116 | -€68 | -36.9% |
| Trade debts | 44 | €54 | €0 | -€54 | -100% |
| Suppliers | 440/4 | €54 | €0 | -€54 | -100% |
| Taxes, remuneration and social security | 45 | €130 | €116 | -€14 | -10.6% |
| Taxes | 450/3 | €130 | €116 | -€14 | -10.6% |
| Other operating charges | 640/8 | €819 | €697 | -€121 | -14.8% |
| Gross operating margin | 9900 | -€658 | -€4,171 | -€3,513 | -534% |
| Operating profit (loss) | 9901 | -€1,477 | -€4,869 | -€3,392 | -230% |
| Financial income | 75/76B | €2,453 | €2,444 | -€9 | -0.3% |
| Recurring financial income | 75 | €2,453 | €2,444 | -€9 | -0.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €548 | €553 | +€5 | +0.9% |
| Recurring financial charges | 65 | €548 | €553 | +€5 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €427 | -€2,978 | -€3,405 | |
| Income taxes | 67/77 | €116 | €0 | -€116 | -100% |
| Profit (loss) for the period | 9904 | €311 | -€2,978 | -€3,288 | |
| Profit (loss) for the period to be appropriated | 9905 | €311 | -€2,978 | -€3,288 |
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.