WYNDONCK: 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.
WYNDONCK
Largest movements
- Tangible fixed assets +€162,768
up €162,768 (+69.3%), from €234,913 to €397,681
of which Other tangible fixed assets: +€124,464
- Cash +€9,303
up €9,303 (+17.2%), from €53,965 to €63,268
mainly Other debts (+€103,251) and Trade debts (+€79,911)
- Receivables within one year +€8,535
up €8,535 (+71.4%), from €11,954 to €20,489
of which Trade receivables: +€10,935
- Other debts +€103,251
up €103,251 (+6,104%), from €1,692 to €104,943
- Trade debts +€79,911
up €79,911 (+126%), from €63,243 to €143,154
- Debts after one year -€19,712
down €19,712 (-11.2%), from €175,690 to €155,979
- Profit (loss) carried forward +€18,209
up €18,209 (+42.3%), from -€43,047 to -€24,838
- Gross operating margin +€23,262
up €23,262 (+20.7%), from €112,289 to €135,551
- Staff costs -€7,842
down €7,842 (-13.7%), from €57,288 to €49,446
- Other operating charges -€4,530
down €4,530 (-42.8%), from €10,576 to €6,046
- Depreciation +€1,412
up €1,412 (+3.3%), from €43,104 to €44,515
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 | €310,428 | €494,084 | +€183,656 | +59.2% |
| Fixed assets | 21/28 | €234,913 | €397,681 | +€162,768 | +69.3% |
| Tangible fixed assets | 22/27 | €234,913 | €397,681 | +€162,768 | +69.3% |
| Land and buildings | 22 | €18,444 | €15,648 | -€2,797 | -15.2% |
| Plant, machinery and equipment | 23 | €294 | €44,099 | +€43,805 | +14,913% |
| Furniture and vehicles | 24 | €8,198 | €5,494 | -€2,704 | -33.0% |
| Other tangible fixed assets | 26 | €207,977 | €332,441 | +€124,464 | +59.8% |
| Current assets | 29/58 | €75,515 | €96,403 | +€20,888 | +27.7% |
| Stocks and contracts in progress | 3 | €5,630 | €8,846 | +€3,216 | +57.1% |
| Stocks | 30/36 | €5,630 | €8,846 | +€3,216 | +57.1% |
| Amounts receivable within one year | 40/41 | €11,954 | €20,489 | +€8,535 | +71.4% |
| Trade receivables | 40 | €3,547 | €14,482 | +€10,935 | +308% |
| Other amounts receivable | 41 | €8,406 | €6,007 | -€2,399 | -28.5% |
| Current investments | 50/53 | €420 | - | -€420 | |
| Cash at bank and in hand | 54/58 | €53,965 | €63,268 | +€9,303 | +17.2% |
| Deferred charges and accrued income | 490/1 | €3,547 | €3,800 | +€253 | +7.1% |
| Total equity and liabilities | 10/49 | €310,428 | €494,084 | +€183,656 | +59.2% |
| Equity | 10/15 | €47,852 | €66,061 | +€18,209 | +38.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €87,899 | €87,899 | = | 0.0% |
| Distributable reserves | 133 | €87,899 | €87,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,047 | -€24,838 | +€18,209 | +42.3% |
| Amounts payable | 17/49 | €262,576 | €428,023 | +€165,447 | +63.0% |
| Amounts payable after more than one year | 17 | €175,690 | €155,979 | -€19,712 | -11.2% |
| Financial debts | 170/4 | €175,690 | €155,979 | -€19,712 | -11.2% |
| Amounts payable within one year | 42/48 | €86,886 | €272,045 | +€185,159 | +213% |
| Current portion of amounts payable after more than one year | 42 | €19,102 | €19,709 | +€606 | +3.2% |
| Trade debts | 44 | €63,243 | €143,154 | +€79,911 | +126% |
| Suppliers | 440/4 | €63,243 | €143,154 | +€79,911 | +126% |
| Taxes, remuneration and social security | 45 | €2,849 | €4,239 | +€1,390 | +48.8% |
| Taxes | 450/3 | €1,521 | €2,034 | +€513 | +33.7% |
| Remuneration and social security | 454/9 | €1,327 | €2,204 | +€877 | +66.1% |
| Other amounts payable | 47/48 | €1,692 | €104,943 | +€103,251 | +6,104% |
| Non-recurring operating income | 76A | - | €8,528 | +€8,528 | |
| Remuneration, social security and pensions | 62 | €57,288 | €49,446 | -€7,842 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,104 | €44,515 | +€1,412 | +3.3% |
| Other operating charges | 640/8 | €10,576 | €6,046 | -€4,530 | -42.8% |
| Non-recurring operating charges | 66A | - | €4,951 | +€4,951 | |
| Gross operating margin | 9900 | €112,289 | €135,551 | +€23,262 | +20.7% |
| Operating profit (loss) | 9901 | €1,322 | €30,594 | +€29,272 | +2,215% |
| Financial income | 75/76B | €159 | €153 | -€6 | -4.0% |
| Recurring financial income | 75 | €159 | €153 | -€6 | -4.0% |
| Financial charges | 65/66B | €10,966 | €11,731 | +€765 | +7.0% |
| Recurring financial charges | 65 | €10,966 | €11,731 | +€765 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,486 | €19,015 | +€28,501 | |
| Income taxes | 67/77 | €788 | €806 | +€17 | +2.2% |
| Profit (loss) for the period | 9904 | -€10,274 | €18,209 | +€28,483 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,274 | €18,209 | +€28,483 |
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 27 October 2026 via checked.be.