WYNEX: 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.
What changed
WYNEX
NACE 82.990, Other business support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176,095
2024 · €137,808+€38,287
Equity
€1.3m
2024 · €1.1m+€156,095
Cash
€69,780
2024 · €79,508-€9,728
Balance sheet total
€3.9m
2024 · €4.0m-€85,605
Largest movements
Assets
- Tangible fixed assets -€82,970
down €82,970 (-2.1%), from €3.9m to €3.8m
of which Land and buildings: -€97,026
Equity and liabilities
- Debts after one year -€313,486
down €313,486 (-13.4%), from €2.3m to €2.0m
- Reserves +€138,462
up €138,462 (+24.4%), from €566,861 to €705,323
of which Distributable reserves: +€140,000
- Accrued charges and deferred income +€56,455
up €56,455 (+322.8%), from €17,487 to €73,943
- Tax, wage and social debts +€54,414
up €54,414 (+98.7%), from €55,147 to €109,561
- Trade debts -€53,556
down €53,556 (-65.5%), from €81,741 to €28,185
Income statement
- Gross operating margin +€53,119
up €53,119 (+11.4%), from €465,769 to €518,888
- Taxes +€15,261
up €15,261 (+25.1%), from €60,763 to €76,025
- Financial charges -€11,868
down €11,868 (-11.5%), from €103,262 to €91,395
- Provisions +€9,000
no longer reported in 2025 (was -€9,000)
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.
Result 2024
€137,808
Gross operating margin
+€53,119
Depreciation
-€2,292
Provisions
-€9,000
Other operating charges
-€2
Financial income
-€144
Financial charges
+€11,868
Taxes
-€15,261
Result 2025
€176,095
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.
From operations
+€409,228
Investment
-€93,157
Financing
-€325,799
Cash 2024
€79,508
From operations (derived)
+€409,228
Net result for the year
+€176,095
Depreciation
+€176,127
Receivables within one year
+€887
Deferred charges and accrued income
-€7,980
Provisions
-€792
Trade debts
-€53,556
Tax, wage and social debts
+€54,414
Other debts
+€7,577
Accrued charges and deferred income
+€56,455
Investment (derived)
-€93,157
Investment in fixed assets (net)
-€93,157
Financing
-€325,799
Debts after one year
-€313,486
Current portion of long-term debt
+€7,688
Contributions, distributions and other
-€20,000
Cash 2025
€69,780
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,957,927 | €3,872,322 | -€85,605 | -2.2% |
| Fixed assets | 21/28 | €3,875,440 | €3,792,470 | -€82,970 | -2.1% |
| Tangible fixed assets | 22/27 | €3,875,440 | €3,792,470 | -€82,970 | -2.1% |
| Land and buildings | 22 | €3,875,440 | €3,778,414 | -€97,026 | -2.5% |
| Plant, machinery and equipment | 23 | - | €14,056 | +€14,056 | |
| Current assets | 29/58 | €82,487 | €79,852 | -€2,635 | -3.2% |
| Amounts receivable within one year | 40/41 | €1,442 | €555 | -€887 | -61.5% |
| Trade receivables | 40 | €956 | €0 | -€956 | -100.0% |
| Other amounts receivable | 41 | €486 | €555 | +€69 | +14.2% |
| Cash at bank and in hand | 54/58 | €79,508 | €69,780 | -€9,728 | -12.2% |
| Deferred charges and accrued income | 490/1 | €1,537 | €9,517 | +€7,980 | +519.2% |
| Total equity and liabilities | 10/49 | €3,957,927 | €3,872,322 | -€85,605 | -2.2% |
| Equity | 10/15 | €1,141,874 | €1,297,969 | +€156,095 | +13.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €566,861 | €705,323 | +€138,462 | +24.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,661 | €24,123 | -€1,538 | -6.0% |
| Distributable reserves | 133 | €535,000 | €675,000 | +€140,000 | +26.2% |
| Profit (loss) carried forward | 14 | €513,013 | €530,646 | +€17,633 | +3.4% |
| Provisions and deferred taxes | 16 | €37,213 | €36,421 | -€792 | -2.1% |
| Provisions for liabilities and charges | 160/5 | €24,000 | €24,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €24,000 | €24,000 | = | 0.0% |
| Deferred taxes | 168 | €13,213 | €12,421 | -€792 | -6.0% |
| Amounts payable | 17/49 | €2,778,839 | €2,537,931 | -€240,908 | -8.7% |
| Amounts payable after more than one year | 17 | €2,341,412 | €2,027,926 | -€313,486 | -13.4% |
| Financial debts | 170/4 | €2,341,412 | €2,027,926 | -€313,486 | -13.4% |
| Amounts payable within one year | 42/48 | €419,940 | €436,063 | +€16,123 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €256,004 | €263,692 | +€7,688 | +3.0% |
| Trade debts | 44 | €81,741 | €28,185 | -€53,556 | -65.5% |
| Suppliers | 440/4 | €81,741 | €28,185 | -€53,556 | -65.5% |
| Taxes, remuneration and social security | 45 | €55,147 | €109,561 | +€54,414 | +98.7% |
| Taxes | 450/3 | €55,147 | €109,561 | +€54,414 | +98.7% |
| Other amounts payable | 47/48 | €27,048 | €34,625 | +€7,577 | +28.0% |
| Accrued charges and deferred income | 492/3 | €17,487 | €73,943 | +€56,455 | +322.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,835 | €176,127 | +€2,292 | +1.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,000 | - | +€9,000 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €465,769 | €518,888 | +€53,119 | +11.4% |
| Operating profit (loss) | 9901 | €300,815 | €342,641 | +€41,825 | +13.9% |
| Financial income | 75/76B | €226 | €82 | -€144 | -63.7% |
| Recurring financial income | 75 | €226 | €82 | -€144 | -63.7% |
| Financial charges | 65/66B | €103,262 | €91,395 | -€11,868 | -11.5% |
| Recurring financial charges | 65 | €103,262 | €91,395 | -€11,868 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €197,779 | €251,328 | +€53,548 | +27.1% |
| Transfer from deferred taxes | 780 | €792 | €792 | = | 0.0% |
| Income taxes | 67/77 | €60,763 | €76,025 | +€15,261 | +25.1% |
| Profit (loss) for the period | 9904 | €137,808 | €176,095 | +€38,287 | +27.8% |
| Transfer from tax-exempt reserves | 789 | €1,538 | €1,538 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €139,346 | €177,633 | +€38,287 | +27.5% |
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 11 October 2026 via checked.be.