CHATEAUX VINI: 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
CHATEAUX VINI
NACE 46.341, Wholesale of wines and spirits
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€34,935
2025 · €20,301-€55,236
Equity
€720,900
2025 · €755,835-€34,935
Cash
€248,612
2025 · €363,154-€114,541
Balance sheet total
€3.3m
2025 · €3.2m+€107,418
Largest movements
Assets
- Receivables within one year +€127,296
up €127,296 (+16.7%), from €762,021 to €889,317
of which Trade receivables: +€127,296
- Cash -€114,541
down €114,541 (-31.5%), from €363,154 to €248,612
mainly Receivables within one year (-€127,296) and Stocks and contracts (-€69,751)
- Stocks and contracts +€69,751
up €69,751 (+3.8%), from €1.8m to €1.9m
Equity and liabilities
- Other debts +€190,000
new in 2026: €190,000
- Debts after one year -€57,367
down €57,367 (-39.8%), from €144,020 to €86,653
- Profit (loss) carried forward -€34,935
down €34,935 (-9.3%), from €374,288 to €339,353
Income statement
- Gross operating margin -€127,365
down €127,365 (-18.7%), from €681,449 to €554,084
- Depreciation -€26,808
down €26,808 (-45.9%), from €58,402 to €31,594
- Financial charges -€24,048
down €24,048 (-29.1%), from €82,600 to €58,552
- Taxes -€12,058
down €12,058 (-92.3%), from €13,069 to €1,010
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.
Result 2025
€20,301
Gross operating margin
-€127,365
Staff costs
+€6,517
Depreciation
+€26,808
Write-downs
+€2,556
Other operating charges
+€868
Financial income
-€727
Financial charges
+€24,048
Taxes
+€12,058
Result 2026
-€34,935
raises the resultlowers the result
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.
From operations
-€14,009
Investment
-€43,320
Financing
-€57,212
Cash 2025
€363,154
From operations (derived)
-€14,009
Net result for the year
-€34,935
Depreciation
+€31,594
Stocks and contracts
-€69,751
Receivables within one year
-€127,296
Deferred charges and accrued income
-€13,186
Trade debts
+€32,863
Tax, wage and social debts
+€704
Advances received
+€4,011
Other debts
+€190,000
Accrued charges and deferred income
-€28,012
Investment (derived)
-€43,320
Investment in fixed assets (net)
-€43,320
Financing
-€57,212
Debts after one year
-€57,367
Current portion of long-term debt
+€154
Cash 2026
€248,612
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,213,420 | €3,320,838 | +€107,418 | +3.3% |
| Formation expenses | 20 | - | €24,993 | +€24,993 | |
| Fixed assets | 21/28 | €216,116 | €202,849 | -€13,267 | -6.1% |
| Intangible fixed assets | 21 | €21,447 | €25,976 | +€4,528 | +21.1% |
| Tangible fixed assets | 22/27 | €194,669 | €176,873 | -€17,796 | -9.1% |
| Plant, machinery and equipment | 23 | €187,868 | €168,256 | -€19,612 | -10.4% |
| Furniture and vehicles | 24 | €6,801 | €8,617 | +€1,817 | +26.7% |
| Current assets | 29/58 | €2,997,304 | €3,092,996 | +€95,692 | +3.2% |
| Stocks and contracts in progress | 3 | €1,845,838 | €1,915,589 | +€69,751 | +3.8% |
| Stocks | 30/36 | €1,845,838 | €1,915,589 | +€69,751 | +3.8% |
| Amounts receivable within one year | 40/41 | €762,021 | €889,317 | +€127,296 | +16.7% |
| Trade receivables | 40 | €758,951 | €886,248 | +€127,296 | +16.8% |
| Other amounts receivable | 41 | €3,070 | €3,070 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €363,154 | €248,612 | -€114,541 | -31.5% |
| Deferred charges and accrued income | 490/1 | €26,292 | €39,478 | +€13,186 | +50.2% |
| Total equity and liabilities | 10/49 | €3,213,420 | €3,320,838 | +€107,418 | +3.3% |
| Equity | 10/15 | €755,835 | €720,900 | -€34,935 | -4.6% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €31,547 | €31,547 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,547 | €31,547 | = | 0.0% |
| Legal reserve | 130 | €31,547 | €31,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | €374,288 | €339,353 | -€34,935 | -9.3% |
| Amounts payable | 17/49 | €2,457,585 | €2,599,938 | +€142,353 | +5.8% |
| Amounts payable after more than one year | 17 | €144,020 | €86,653 | -€57,367 | -39.8% |
| Financial debts | 170/4 | €144,020 | €86,653 | -€57,367 | -39.8% |
| Amounts payable within one year | 42/48 | €2,278,067 | €2,505,798 | +€227,732 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €57,212 | €57,367 | +€154 | +0.3% |
| Financial debts | 43 | €1,200,000 | €1,200,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,200,000 | €1,200,000 | = | 0.0% |
| Trade debts | 44 | €862,680 | €895,543 | +€32,863 | +3.8% |
| Suppliers | 440/4 | €862,680 | €895,543 | +€32,863 | +3.8% |
| Advances received on contracts in progress | 46 | €5,252 | €9,263 | +€4,011 | +76.4% |
| Taxes, remuneration and social security | 45 | €152,922 | €153,626 | +€704 | +0.5% |
| Taxes | 450/3 | €74,715 | €70,356 | -€4,358 | -5.8% |
| Remuneration and social security | 454/9 | €78,208 | €83,270 | +€5,062 | +6.5% |
| Other amounts payable | 47/48 | - | €190,000 | +€190,000 | |
| Accrued charges and deferred income | 492/3 | €35,499 | €7,487 | -€28,012 | -78.9% |
| Non-recurring operating income | 76A | €86,245 | €0 | -€86,245 | -100% |
| Remuneration, social security and pensions | 62 | €483,267 | €476,749 | -€6,517 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,402 | €31,594 | -€26,808 | -45.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,556 | €0 | -€2,556 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €22,613 | €21,745 | -€868 | -3.8% |
| Gross operating margin | 9900 | €681,449 | €554,084 | -€127,365 | -18.7% |
| Operating profit (loss) | 9901 | €114,611 | €23,996 | -€90,615 | -79.1% |
| Financial income | 75/76B | €1,358 | €631 | -€727 | -53.5% |
| Recurring financial income | 75 | €1,358 | €631 | -€727 | -53.5% |
| Financial charges | 65/66B | €82,600 | €58,552 | -€24,048 | -29.1% |
| Recurring financial charges | 65 | €82,600 | €58,552 | -€24,048 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €33,370 | -€33,925 | -€67,295 | |
| Income taxes | 67/77 | €13,069 | €1,010 | -€12,058 | -92.3% |
| Profit (loss) for the period | 9904 | €20,301 | -€34,935 | -€55,236 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,301 | -€34,935 | -€55,236 |
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 31 October 2026 via checked.be.