Ca’del Vino: 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.
Ca’del Vino
Largest movements
- Stocks and contracts +€21,102
up €21,102 (+9.6%), from €220,913 to €242,015
- Cash -€12,152
down €12,152 (-99.9%), from €12,161 to €9
mainly Stocks and contracts (-€21,102) and Trade debts (-€15,427)
- Receivables within one year -€9,175
down €9,175 (-23.1%), from €39,772 to €30,597
of which Trade receivables: -€9,175
- Trade debts -€15,427
down €15,427 (-22.5%), from €68,707 to €53,281
- Other debts +€10,018
up €10,018 (+7.0%), from €142,251 to €152,269
- Reserves +€4,613
up €4,613 (+124%), from €3,717 to €8,330
- Gross operating margin -€7,332
down €7,332 (-18.5%), from €39,585 to €32,254
- Other operating charges -€6,634
down €6,634 (-21.5%), from €30,840 to €24,206
- Financial charges -€1,246
down €1,246 (-28.3%), from €4,408 to €3,163
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 | €279,982 | €278,061 | -€1,921 | -0.7% |
| Fixed assets | 21/28 | €5,610 | €5,152 | -€457 | -8.2% |
| Tangible fixed assets | 22/27 | €1,860 | €1,402 | -€457 | -24.6% |
| Plant, machinery and equipment | 23 | €1,080 | €847 | -€233 | -21.6% |
| Furniture and vehicles | 24 | €780 | €555 | -€225 | -28.8% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €274,372 | €272,909 | -€1,463 | -0.5% |
| Stocks and contracts in progress | 3 | €220,913 | €242,015 | +€21,102 | +9.6% |
| Stocks | 30/36 | €220,913 | €242,015 | +€21,102 | +9.6% |
| Amounts receivable within one year | 40/41 | €39,772 | €30,597 | -€9,175 | -23.1% |
| Trade receivables | 40 | €38,772 | €29,597 | -€9,175 | -23.7% |
| Other amounts receivable | 41 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,161 | €9 | -€12,152 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,526 | €287 | -€1,238 | -81.2% |
| Total equity and liabilities | 10/49 | €279,982 | €278,061 | -€1,921 | -0.7% |
| Equity | 10/15 | €8,717 | €13,330 | +€4,613 | +52.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,717 | €8,330 | +€4,613 | +124% |
| Distributable reserves | 133 | €3,717 | €8,330 | +€4,613 | +124% |
| Amounts payable | 17/49 | €271,265 | €264,731 | -€6,533 | -2.4% |
| Amounts payable within one year | 42/48 | €271,265 | €264,731 | -€6,533 | -2.4% |
| Financial debts | 43 | €45,000 | €45,000 | = | 0.0% |
| Credit institutions | 430/8 | €45,000 | €45,000 | = | 0.0% |
| Trade debts | 44 | €68,707 | €53,281 | -€15,427 | -22.5% |
| Suppliers | 440/4 | €68,707 | €53,281 | -€15,427 | -22.5% |
| Taxes, remuneration and social security | 45 | €15,306 | €14,181 | -€1,125 | -7.3% |
| Taxes | 450/3 | €15,306 | €14,181 | -€1,125 | -7.3% |
| Other amounts payable | 47/48 | €142,251 | €152,269 | +€10,018 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €457 | +€30 | +7.1% |
| Other operating charges | 640/8 | €30,840 | €24,206 | -€6,634 | -21.5% |
| Gross operating margin | 9900 | €39,585 | €32,254 | -€7,332 | -18.5% |
| Operating profit (loss) | 9901 | €8,319 | €7,590 | -€728 | -8.8% |
| Financial income | 75/76B | €20 | €241 | +€221 | +1,106% |
| Recurring financial income | 75 | €20 | €241 | +€221 | +1,106% |
| Financial charges | 65/66B | €4,408 | €3,163 | -€1,246 | -28.3% |
| Recurring financial charges | 65 | €4,408 | €3,163 | -€1,246 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €3,930 | €4,669 | +€738 | +18.8% |
| Income taxes | 67/77 | €213 | €56 | -€157 | -73.7% |
| Profit (loss) for the period | 9904 | €3,717 | €4,613 | +€895 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,717 | €4,613 | +€895 | +24.1% |
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 26 October 2026 via checked.be.