DIGNEF FINE WINES: 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.
DIGNEF FINE WINES
Largest movements
- Tangible fixed assets +€394,043
up €394,043 (+71.2%), from €553,401 to €947,444
of which Land and buildings: +€389,833
- Stocks and contracts -€189,326
down €189,326 (-8.8%), from €2.1m to €2.0m
- Receivables within one year -€145,171
down €145,171 (-69.5%), from €208,982 to €63,811
of which Trade receivables: -€147,439
- Trade debts -€230,970
down €230,970 (-66.6%), from €346,931 to €115,961
- Short-term financial debts +€198,481
new in 2025: €198,481
- Advances received +€94,485
up €94,485 (+125%), from €75,476 to €169,962
- Debts after one year +€91,480
up €91,480 (+10.4%), from €882,933 to €974,413
of which Other amounts payable: +€150,000
- Other debts -€86,743
down €86,743 (-56.0%), from €154,776 to €68,033
- Gross operating margin +€42,549
up €42,549 (+24.4%), from €174,219 to €216,768
- Depreciation +€14,165
up €14,165 (+42.2%), from €33,552 to €47,717
- Financial charges +€4,378
up €4,378 (+7.3%), from €60,365 to €64,743
- Taxes -€3,296
down €3,296, from €2,970 to -€326
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 | €2,919,488 | €2,978,166 | +€58,678 | +2.0% |
| Fixed assets | 21/28 | €553,989 | €948,032 | +€394,043 | +71.1% |
| Tangible fixed assets | 22/27 | €553,401 | €947,444 | +€394,043 | +71.2% |
| Land and buildings | 22 | €528,806 | €918,639 | +€389,833 | +73.7% |
| Furniture and vehicles | 24 | €17,595 | €21,805 | +€4,210 | +23.9% |
| Other tangible fixed assets | 26 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €588 | €588 | = | 0.0% |
| Current assets | 29/58 | €2,365,499 | €2,030,134 | -€335,365 | -14.2% |
| Stocks and contracts in progress | 3 | €2,146,470 | €1,957,144 | -€189,326 | -8.8% |
| Stocks | 30/36 | €2,146,470 | €1,957,144 | -€189,326 | -8.8% |
| Amounts receivable within one year | 40/41 | €208,982 | €63,811 | -€145,171 | -69.5% |
| Trade receivables | 40 | €208,982 | €61,544 | -€147,439 | -70.6% |
| Other amounts receivable | 41 | - | €2,267 | +€2,267 | |
| Cash at bank and in hand | 54/58 | €9,598 | €7,108 | -€2,490 | -25.9% |
| Deferred charges and accrued income | 490/1 | €449 | €2,071 | +€1,622 | +361% |
| Total equity and liabilities | 10/49 | €2,919,488 | €2,978,166 | +€58,678 | +2.0% |
| Equity | 10/15 | €1,315,795 | €1,351,224 | +€35,429 | +2.7% |
| Contributions | 10/11 | €527,900 | €527,900 | = | 0.0% |
| Reserves | 13 | €780,000 | €820,000 | +€40,000 | +5.1% |
| Distributable reserves | 133 | €780,000 | €820,000 | +€40,000 | +5.1% |
| Profit (loss) carried forward | 14 | €7,895 | €3,324 | -€4,571 | -57.9% |
| Amounts payable | 17/49 | €1,603,693 | €1,626,942 | +€23,249 | +1.4% |
| Amounts payable after more than one year | 17 | €882,933 | €974,413 | +€91,480 | +10.4% |
| Financial debts | 170/4 | €582,933 | €524,413 | -€58,520 | -10.0% |
| Other amounts payable | 178/9 | €300,000 | €450,000 | +€150,000 | +50.0% |
| Amounts payable within one year | 42/48 | €690,581 | €619,964 | -€70,617 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €101,530 | €58,520 | -€43,010 | -42.4% |
| Financial debts | 43 | - | €198,481 | +€198,481 | |
| Credit institutions | 430/8 | - | €198,481 | +€198,481 | |
| Trade debts | 44 | €346,931 | €115,961 | -€230,970 | -66.6% |
| Suppliers | 440/4 | €346,931 | €115,961 | -€230,970 | -66.6% |
| Advances received on contracts in progress | 46 | €75,476 | €169,962 | +€94,485 | +125% |
| Taxes, remuneration and social security | 45 | €11,868 | €9,007 | -€2,860 | -24.1% |
| Taxes | 450/3 | €3,014 | - | -€3,014 | |
| Remuneration and social security | 454/9 | €8,854 | €9,007 | +€154 | +1.7% |
| Other amounts payable | 47/48 | €154,776 | €68,033 | -€86,743 | -56.0% |
| Accrued charges and deferred income | 492/3 | €30,179 | €32,565 | +€2,386 | +7.9% |
| Remuneration, social security and pensions | 62 | €63,229 | €64,588 | +€1,360 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,552 | €47,717 | +€14,165 | +42.2% |
| Other operating charges | 640/8 | €6,963 | €6,215 | -€749 | -10.8% |
| Gross operating margin | 9900 | €174,219 | €216,768 | +€42,549 | +24.4% |
| Operating profit (loss) | 9901 | €70,475 | €98,248 | +€27,772 | +39.4% |
| Financial income | 75/76B | €1,186 | €1,598 | +€412 | +34.8% |
| Recurring financial income | 75 | €1,186 | €1,598 | +€412 | +34.8% |
| Financial charges | 65/66B | €60,365 | €64,743 | +€4,378 | +7.3% |
| Recurring financial charges | 65 | €60,365 | €64,743 | +€4,378 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €11,296 | €35,102 | +€23,807 | +211% |
| Income taxes | 67/77 | €2,970 | -€326 | -€3,296 | |
| Profit (loss) for the period | 9904 | €8,326 | €35,429 | +€27,103 | +326% |
| Profit (loss) for the period to be appropriated | 9905 | €8,326 | €35,429 | +€27,103 | +326% |
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 21 October 2026 via checked.be.