Wyncom: what changed
Two fiscal 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.
Wyncom
Largest movements
- Tangible fixed assets -€21,343
down €21,343 (-49.5%), from €43,131 to €21,788
of which Furniture and vehicles: -€19,757
- Receivables within one year -€18,414
down €18,414 (-39.9%), from €46,109 to €27,695
of which Trade receivables: -€13,924
- Cash +€6,624
up €6,624 (+9558.3%), from €69 to €6,693
mainly Receivables within one year (+€18,414) and Investment in fixed assets (net) (+€16,411)
- Stocks and contracts -€4,352
down €4,352 (-39.3%), from €11,061 to €6,709
- Reserves -€23,168
down €23,168 (-47.2%), from €49,037 to €25,869
- Debts after one year -€8,369
down €8,369 (-50.5%), from €16,585 to €8,217
- Tax, wage and social debts -€5,202
down €5,202 (-22.8%), from €22,775 to €17,573
- Current portion of long-term debt -€1,821
down €1,821 (-17.9%), from €10,190 to €8,369
- Gross operating margin +€14,422
up €14,422 (+72.3%), from €19,960 to €34,381
- Depreciation -€7,540
down €7,540 (-57.5%), from €13,122 to €5,583
- Taxes +€3,809
up €3,809 (+161.2%), from €2,363 to €6,171
- Other operating charges +€882
up €882 (+76.6%), from €1,152 to €2,034
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 | €105,262 | €67,134 | -€38,128 | -36.2% |
| Fixed assets | 21/28 | €46,706 | €24,713 | -€21,993 | -47.1% |
| Intangible fixed assets | 21 | €3,575 | €2,925 | -€650 | -18.2% |
| Tangible fixed assets | 22/27 | €43,131 | €21,788 | -€21,343 | -49.5% |
| Plant, machinery and equipment | 23 | €11,976 | €10,390 | -€1,586 | -13.2% |
| Furniture and vehicles | 24 | €31,155 | €11,398 | -€19,757 | -63.4% |
| Current assets | 29/58 | €58,556 | €42,421 | -€16,135 | -27.6% |
| Stocks and contracts in progress | 3 | €11,061 | €6,709 | -€4,352 | -39.3% |
| Stocks | 30/36 | €11,061 | €6,709 | -€4,352 | -39.3% |
| Amounts receivable within one year | 40/41 | €46,109 | €27,695 | -€18,414 | -39.9% |
| Trade receivables | 40 | €14,014 | €90 | -€13,924 | -99.4% |
| Other amounts receivable | 41 | €32,096 | €27,605 | -€4,491 | -14.0% |
| Current investments | 50/53 | €1,227 | €1,227 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69 | €6,693 | +€6,624 | +9558.3% |
| Deferred charges and accrued income | 490/1 | €90 | €97 | +€8 | +8.5% |
| Total equity and liabilities | 10/49 | €105,262 | €67,134 | -€38,128 | -36.2% |
| Equity | 10/15 | €50,037 | €26,869 | -€23,168 | -46.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,037 | €25,869 | -€23,168 | -47.2% |
| Distributable reserves | 133 | €49,037 | €25,869 | -€23,168 | -47.2% |
| Amounts payable | 17/49 | €55,225 | €40,265 | -€14,960 | -27.1% |
| Amounts payable after more than one year | 17 | €16,585 | €8,217 | -€8,369 | -50.5% |
| Financial debts | 170/4 | €16,585 | €8,217 | -€8,369 | -50.5% |
| Amounts payable within one year | 42/48 | €38,640 | €32,049 | -€6,591 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €10,190 | €8,369 | -€1,821 | -17.9% |
| Trade debts | 44 | €5,674 | €6,107 | +€433 | +7.6% |
| Suppliers | 440/4 | €5,674 | €6,107 | +€433 | +7.6% |
| Taxes, remuneration and social security | 45 | €22,775 | €17,573 | -€5,202 | -22.8% |
| Taxes | 450/3 | €22,775 | €17,573 | -€5,202 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,122 | €5,583 | -€7,540 | -57.5% |
| Other operating charges | 640/8 | €1,152 | €2,034 | +€882 | +76.6% |
| Non-recurring operating charges | 66A | - | €9,394 | +€9,394 | |
| Gross operating margin | 9900 | €19,960 | €34,381 | +€14,422 | +72.3% |
| Operating profit (loss) | 9901 | €5,686 | €17,370 | +€11,684 | +205.5% |
| Financial income | 75/76B | €1,679 | €1,607 | -€72 | -4.3% |
| Recurring financial income | 75 | €1,679 | €1,607 | -€72 | -4.3% |
| Financial charges | 65/66B | €1,541 | €1,304 | -€237 | -15.4% |
| Recurring financial charges | 65 | €1,541 | €1,304 | -€237 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €5,824 | €17,674 | +€11,850 | +203.5% |
| Income taxes | 67/77 | €2,363 | €6,171 | +€3,809 | +161.2% |
| Profit (loss) for the period | 9904 | €3,462 | €11,502 | +€8,041 | +232.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,462 | €11,502 | +€8,041 | +232.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.