CITIZEN WINE: 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.
CITIZEN WINE
Largest movements
- Stocks and contracts -€7,856
down €7,856 (-23.7%), from €33,098 to €25,242
- Cash -€6,444
down €6,444 (-71.4%), from €9,029 to €2,585
mainly Debts after one year (-€15,000) and Tax, wage and social debts (-€4,329)
- Receivables within one year +€2,475
up €2,475 (+498%), from €497 to €2,972
of which Trade receivables: +€2,315
- Tangible fixed assets -€1,529
down €1,529 (-23.2%), from €6,578 to €5,049
- Debts after one year -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Other debts +€6,083
up €6,083 (+110%), from €5,525 to €11,609
- Tax, wage and social debts -€4,329
down €4,329 (-48.5%), from €8,918 to €4,590
- Trade debts -€3,957
down €3,957 (-36.0%), from €11,005 to €7,049
- Profit (loss) carried forward +€3,849
up €3,849 (+8.4%), from -€45,672 to -€41,823
- Gross operating margin +€19,767
up €19,767, from -€6,542 to €13,226
- Financial charges +€2,043
up €2,043 (+127%), from €1,615 to €3,658
- Depreciation +€1,126
up €1,126 (+27.2%), from €4,139 to €5,265
- Staff costs +€448
up €448, from -€74 to €375
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 | €49,777 | €36,423 | -€13,353 | -26.8% |
| Fixed assets | 21/28 | €7,153 | €5,624 | -€1,529 | -21.4% |
| Tangible fixed assets | 22/27 | €6,578 | €5,049 | -€1,529 | -23.2% |
| Plant, machinery and equipment | 23 | €6,578 | €5,049 | -€1,529 | -23.2% |
| Financial fixed assets | 28 | €574 | €574 | = | 0.0% |
| Current assets | 29/58 | €42,624 | €30,800 | -€11,824 | -27.7% |
| Stocks and contracts in progress | 3 | €33,098 | €25,242 | -€7,856 | -23.7% |
| Stocks | 30/36 | €33,098 | €25,242 | -€7,856 | -23.7% |
| Amounts receivable within one year | 40/41 | €497 | €2,972 | +€2,475 | +498% |
| Trade receivables | 40 | - | €2,315 | +€2,315 | |
| Other amounts receivable | 41 | €497 | €657 | +€160 | +32.2% |
| Cash at bank and in hand | 54/58 | €9,029 | €2,585 | -€6,444 | -71.4% |
| Total equity and liabilities | 10/49 | €49,777 | €36,423 | -€13,353 | -26.8% |
| Equity | 10/15 | -€20,672 | -€16,823 | +€3,849 | +18.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,672 | -€41,823 | +€3,849 | +8.4% |
| Amounts payable | 17/49 | €70,449 | €53,247 | -€17,202 | -24.4% |
| Amounts payable after more than one year | 17 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Other amounts payable | 178/9 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Amounts payable within one year | 42/48 | €40,449 | €38,247 | -€2,202 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €11,005 | €7,049 | -€3,957 | -36.0% |
| Suppliers | 440/4 | €11,005 | €7,049 | -€3,957 | -36.0% |
| Taxes, remuneration and social security | 45 | €8,918 | €4,590 | -€4,329 | -48.5% |
| Taxes | 450/3 | €8,918 | €4,590 | -€4,329 | -48.5% |
| Other amounts payable | 47/48 | €5,525 | €11,609 | +€6,083 | +110% |
| Remuneration, social security and pensions | 62 | -€74 | €375 | +€448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,139 | €5,265 | +€1,126 | +27.2% |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | -€6,542 | €13,226 | +€19,767 | |
| Operating profit (loss) | 9901 | -€10,687 | €7,506 | +€18,193 | |
| Financial income | 75/76B | €50 | €1 | -€50 | -98.7% |
| Recurring financial income | 75 | €50 | €1 | -€50 | -98.7% |
| Financial charges | 65/66B | €1,615 | €3,658 | +€2,043 | +127% |
| Recurring financial charges | 65 | €1,615 | €3,658 | +€2,043 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€12,251 | €3,849 | +€16,100 | |
| Profit (loss) for the period | 9904 | -€12,251 | €3,849 | +€16,100 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,251 | €3,849 | +€16,100 |
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 17 October 2026 via checked.be.