WINWOW: 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.
WINWOW
Largest movements
- Current investments +€106,796
up €106,796 (+174%), from €61,443 to €168,239
- Receivables within one year -€16,702
down €16,702 (-23.0%), from €72,766 to €56,064
of which Trade receivables: -€19,003
- Stocks and contracts +€9,806
new in 2025: €9,806
- Trade debts +€68,459
up €68,459 (+421%), from €16,279 to €84,738
- Advances received +€21,821
new in 2025: €21,821
- Profit (loss) carried forward +€6,494
up €6,494 (+17.1%), from -€37,884 to -€31,390
- Tax, wage and social debts +€3,126
up €3,126 (+63.1%), from €4,954 to €8,080
- Gross operating margin -€49,305
down €49,305 (-82.5%), from €59,742 to €10,437
- Taxes -€2,598
down €2,598 (-52.4%), from €4,954 to €2,356
- Other operating charges +€973
new in 2025: €973
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,209 | €234,109 | +€99,900 | +74.4% |
| Current assets | 29/58 | €134,209 | €234,109 | +€99,900 | +74.4% |
| Stocks and contracts in progress | 3 | - | €9,806 | +€9,806 | |
| Contracts in progress | 37 | - | €9,806 | +€9,806 | |
| Amounts receivable within one year | 40/41 | €72,766 | €56,064 | -€16,702 | -23.0% |
| Trade receivables | 40 | €59,217 | €40,214 | -€19,003 | -32.1% |
| Other amounts receivable | 41 | €13,549 | €15,850 | +€2,301 | +17.0% |
| Current investments | 50/53 | €61,443 | €168,239 | +€106,796 | +174% |
| Total equity and liabilities | 10/49 | €134,209 | €234,109 | +€99,900 | +74.4% |
| Equity | 10/15 | €112,116 | €118,610 | +€6,494 | +5.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,884 | -€31,390 | +€6,494 | +17.1% |
| Amounts payable | 17/49 | €22,093 | €115,499 | +€93,406 | +423% |
| Amounts payable within one year | 42/48 | €21,233 | €114,639 | +€93,406 | +440% |
| Trade debts | 44 | €16,279 | €84,738 | +€68,459 | +421% |
| Suppliers | 440/4 | €16,279 | €84,738 | +€68,459 | +421% |
| Advances received on contracts in progress | 46 | - | €21,821 | +€21,821 | |
| Taxes, remuneration and social security | 45 | €4,954 | €8,080 | +€3,126 | +63.1% |
| Taxes | 450/3 | €4,954 | €8,080 | +€3,126 | +63.1% |
| Accrued charges and deferred income | 492/3 | €860 | €860 | = | 0.0% |
| Other operating charges | 640/8 | - | €973 | +€973 | |
| Gross operating margin | 9900 | €59,742 | €10,437 | -€49,305 | -82.5% |
| Operating profit (loss) | 9901 | €59,742 | €9,464 | -€50,278 | -84.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €598 | €616 | +€18 | +3.0% |
| Recurring financial charges | 65 | €598 | €616 | +€18 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €59,144 | €8,850 | -€50,294 | -85.0% |
| Income taxes | 67/77 | €4,954 | €2,356 | -€2,598 | -52.4% |
| Profit (loss) for the period | 9904 | €54,190 | €6,494 | -€47,696 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,190 | €6,494 | -€47,696 | -88.0% |
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 17 October 2026 via checked.be.