WYNANT: 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.
WYNANT
Largest movements
- Tangible fixed assets +€283,322
up €283,322 (+16.9%), from €1.7m to €2.0m
of which Land and buildings: +€249,458
- Receivables within one year +€139,865
up €139,865 (+56.2%), from €248,720 to €388,585
of which Trade receivables: +€193,298
- Stocks and contracts +€135,850
up €135,850 (+21.8%), from €623,869 to €759,719
- Cash -€77,186
down €77,186 (-80.4%), from €96,049 to €18,863
mainly Investment in fixed assets (net) (-€330,445) and Receivables within one year (-€139,865)
- Debts after one year +€239,595
up €239,595 (+17.6%), from €1.4m to €1.6m
- Other debts +€125,000
up €125,000 (+51.2%), from €244,296 to €369,296
- Reserves +€56,565
up €56,565 (+21.4%), from €264,407 to €320,972
of which Distributable reserves: +€56,565
- Current portion of long-term debt +€54,201
up €54,201 (+381.7%), from €14,199 to €68,399
- Gross operating margin +€113,299
up €113,299 (+20.7%), from €547,843 to €661,141
- Financial charges +€26,951
up €26,951 (+131.8%), from €20,452 to €47,403
- Staff costs +€23,937
up €23,937 (+4.8%), from €496,302 to €520,239
- Depreciation +€17,699
up €17,699 (+56.9%), from €31,102 to €48,801
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.
Cash bridge derived
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 | €2,666,937 | €3,139,210 | +€472,273 | +17.7% |
| Fixed assets | 21/28 | €1,685,960 | €1,967,604 | +€281,644 | +16.7% |
| Intangible fixed assets | 21 | €6,391 | €4,782 | -€1,609 | -25.2% |
| Tangible fixed assets | 22/27 | €1,673,283 | €1,956,605 | +€283,322 | +16.9% |
| Land and buildings | 22 | €1,592,818 | €1,842,276 | +€249,458 | +15.7% |
| Plant, machinery and equipment | 23 | €38,097 | €55,759 | +€17,661 | +46.4% |
| Furniture and vehicles | 24 | €17,857 | €49,816 | +€31,959 | +179.0% |
| Leasing and similar rights | 25 | €24,511 | €8,755 | -€15,756 | -64.3% |
| Financial fixed assets | 28 | €6,286 | €6,217 | -€69 | -1.1% |
| Current assets | 29/58 | €980,977 | €1,171,607 | +€190,630 | +19.4% |
| Stocks and contracts in progress | 3 | €623,869 | €759,719 | +€135,850 | +21.8% |
| Stocks | 30/36 | €623,869 | €759,719 | +€135,850 | +21.8% |
| Amounts receivable within one year | 40/41 | €248,720 | €388,585 | +€139,865 | +56.2% |
| Trade receivables | 40 | €195,287 | €388,585 | +€193,298 | +99.0% |
| Other amounts receivable | 41 | €53,433 | €0 | -€53,433 | -100.0% |
| Cash at bank and in hand | 54/58 | €96,049 | €18,863 | -€77,186 | -80.4% |
| Deferred charges and accrued income | 490/1 | €12,339 | €4,439 | -€7,900 | -64.0% |
| Total equity and liabilities | 10/49 | €2,666,937 | €3,139,210 | +€472,273 | +17.7% |
| Equity | 10/15 | €295,407 | €351,972 | +€56,565 | +19.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €264,407 | €320,972 | +€56,565 | +21.4% |
| Non-distributable reserves | 130/1 | €3,646 | €3,646 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,646 | +€546 | +17.6% |
| Other | 1319 | €546 | - | -€546 | |
| Tax-exempt reserves | 132 | €16,913 | €16,913 | = | 0.0% |
| Distributable reserves | 133 | €243,848 | €300,412 | +€56,565 | +23.2% |
| Amounts payable | 17/49 | €2,371,530 | €2,787,238 | +€415,709 | +17.5% |
| Amounts payable after more than one year | 17 | €1,359,182 | €1,598,777 | +€239,595 | +17.6% |
| Financial debts | 170/4 | €1,359,182 | €1,598,777 | +€239,595 | +17.6% |
| Amounts payable within one year | 42/48 | €1,012,347 | €1,188,462 | +€176,114 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €14,199 | €68,399 | +€54,201 | +381.7% |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €240,378 | €238,087 | -€2,291 | -1.0% |
| Suppliers | 440/4 | €240,378 | €238,087 | -€2,291 | -1.0% |
| Advances received on contracts in progress | 46 | €281 | €8 | -€274 | -97.2% |
| Taxes, remuneration and social security | 45 | €113,193 | €112,672 | -€522 | -0.5% |
| Taxes | 450/3 | €25,686 | €34,166 | +€8,480 | +33.0% |
| Remuneration and social security | 454/9 | €87,507 | €78,506 | -€9,002 | -10.3% |
| Other amounts payable | 47/48 | €244,296 | €369,296 | +€125,000 | +51.2% |
| Non-recurring operating income | 76A | €10,310 | €4,091 | -€6,219 | -60.3% |
| Remuneration, social security and pensions | 62 | €496,302 | €520,239 | +€23,937 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,102 | €48,801 | +€17,699 | +56.9% |
| Other operating charges | 640/8 | €10,503 | €11,319 | +€816 | +7.8% |
| Gross operating margin | 9900 | €547,843 | €661,141 | +€113,299 | +20.7% |
| Operating profit (loss) | 9901 | €9,936 | €80,781 | +€70,846 | +713.0% |
| Financial income | 75/76B | €18,593 | €23,187 | +€4,593 | +24.7% |
| Recurring financial income | 75 | €18,593 | €23,187 | +€4,593 | +24.7% |
| Financial charges | 65/66B | €20,452 | €47,403 | +€26,951 | +131.8% |
| Recurring financial charges | 65 | €20,452 | €47,403 | +€26,951 | +131.8% |
| Profit (loss) for the period before taxes | 9903 | €8,077 | €56,565 | +€48,488 | +600.3% |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period | 9904 | €8,076 | €56,565 | +€48,488 | +600.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,076 | €56,565 | +€48,488 | +600.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.