WYNVER: 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.
WYNVER
Largest movements
- Tangible fixed assets +€66,433
up €66,433 (+17.9%), from €371,179 to €437,612
of which Land and buildings: +€47,717
- Receivables within one year +€36,489
up €36,489 (+77.4%), from €47,158 to €83,648
of which Trade receivables: +€61,733
- Cash -€15,580
down €15,580 (-13.5%), from €115,134 to €99,555
mainly Contributions, distributions and other (-€129,103) and Investment in fixed assets (net) (-€105,279)
- Other debts +€73,574
new in 2026: €73,574
- Tax, wage and social debts +€28,384
new in 2026: €28,384
of which Taxes: +€24,684
- Debts after one year -€22,336
down €22,336 (-7.6%), from €293,845 to €271,509
- Gross operating margin +€87,655
up €87,655 (+65.3%), from €134,175 to €221,831
- Depreciation +€28,146
up €28,146 (+263%), from €10,701 to €38,846
- Taxes +€15,854
up €15,854 (+73.5%), from €21,577 to €37,431
- Financial charges +€3,422
up €3,422 (+35.7%), from €9,578 to €13,000
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,426 | €634,443 | +€82,017 | +14.8% |
| Fixed assets | 21/28 | €379,798 | €446,231 | +€66,433 | +17.5% |
| Tangible fixed assets | 22/27 | €371,179 | €437,612 | +€66,433 | +17.9% |
| Land and buildings | 22 | €250,460 | €298,177 | +€47,717 | +19.1% |
| Plant, machinery and equipment | 23 | €13,960 | €54,996 | +€41,036 | +294% |
| Furniture and vehicles | 24 | €106,759 | €84,439 | -€22,320 | -20.9% |
| Financial fixed assets | 28 | €8,619 | €8,619 | = | 0.0% |
| Current assets | 29/58 | €172,628 | €188,212 | +€15,584 | +9.0% |
| Stocks and contracts in progress | 3 | €9,640 | €5,010 | -€4,630 | -48.0% |
| Contracts in progress | 37 | €9,640 | €5,010 | -€4,630 | -48.0% |
| Amounts receivable within one year | 40/41 | €47,158 | €83,648 | +€36,489 | +77.4% |
| Trade receivables | 40 | €21,819 | €83,552 | +€61,733 | +283% |
| Other amounts receivable | 41 | €25,339 | €96 | -€25,243 | -99.6% |
| Cash at bank and in hand | 54/58 | €115,134 | €99,555 | -€15,580 | -13.5% |
| Deferred charges and accrued income | 490/1 | €695 | - | -€695 | |
| Total equity and liabilities | 10/49 | €552,426 | €634,443 | +€82,017 | +14.8% |
| Equity | 10/15 | €225,932 | €229,722 | +€3,790 | +1.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €222,932 | €226,722 | +€3,790 | +1.7% |
| Distributable reserves | 133 | €222,932 | €226,722 | +€3,790 | +1.7% |
| Amounts payable | 17/49 | €326,494 | €404,721 | +€78,227 | +24.0% |
| Amounts payable after more than one year | 17 | €293,845 | €271,509 | -€22,336 | -7.6% |
| Financial debts | 170/4 | €293,845 | €271,509 | -€22,336 | -7.6% |
| Amounts payable within one year | 42/48 | €32,648 | €133,212 | +€100,564 | +308% |
| Current portion of amounts payable after more than one year | 42 | €28,329 | €29,524 | +€1,195 | +4.2% |
| Trade debts | 44 | €4,320 | €1,730 | -€2,590 | -60.0% |
| Suppliers | 440/4 | €4,320 | €1,730 | -€2,590 | -60.0% |
| Taxes, remuneration and social security | 45 | - | €28,384 | +€28,384 | |
| Taxes | 450/3 | - | €24,684 | +€24,684 | |
| Remuneration and social security | 454/9 | - | €3,700 | +€3,700 | |
| Other amounts payable | 47/48 | - | €73,574 | +€73,574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,701 | €38,846 | +€28,146 | +263% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €134,175 | €221,831 | +€87,655 | +65.3% |
| Operating profit (loss) | 9901 | €122,961 | €182,457 | +€59,495 | +48.4% |
| Financial income | 75/76B | €481 | €867 | +€385 | +80.1% |
| Recurring financial income | 75 | €481 | €867 | +€385 | +80.1% |
| Financial charges | 65/66B | €9,578 | €13,000 | +€3,422 | +35.7% |
| Recurring financial charges | 65 | €9,578 | €13,000 | +€3,422 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €113,864 | €170,323 | +€56,459 | +49.6% |
| Income taxes | 67/77 | €21,577 | €37,431 | +€15,854 | +73.5% |
| Profit (loss) for the period | 9904 | €92,288 | €132,893 | +€40,605 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €92,288 | €132,893 | +€40,605 | +44.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.