FINE-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.
FINE-WINE
Largest movements
- Tangible fixed assets +€39,376
up €39,376 (+167%), from €23,516 to €62,892
of which Furniture and vehicles: +€38,141
- Cash -€13,908
down €13,908 (-51.5%), from €27,005 to €13,096
mainly Investment in fixed assets (net) (-€48,773) and Other debts (-€10,802)
- Stocks and contracts +€5,531
up €5,531 (+22.8%), from €24,224 to €29,754
- Debts after one year +€26,572
up €26,572 (+168%), from €15,801 to €42,373
- Profit (loss) carried forward +€16,446
up €16,446 (+39.0%), from €42,156 to €58,602
- Other debts -€10,802
down €10,802 (-79.9%), from €13,526 to €2,724
- Short-term financial debts -€6,728
down €6,728 (-100%), from €6,728 to €0
- Accrued charges and deferred income -€5,112
no longer reported in 2025 (was €5,112)
- Gross operating margin +€20,809
up €20,809 (+201%), from €10,350 to €31,159
- Depreciation -€5,690
down €5,690 (-37.7%), from €15,088 to €9,398
- Taxes +€2,973
up €2,973, from €0 to €2,973
- Financial charges +€400
up €400 (+23.2%), from €1,725 to €2,124
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 | €99,265 | €129,303 | +€30,038 | +30.3% |
| Fixed assets | 21/28 | €23,516 | €62,892 | +€39,376 | +167% |
| Tangible fixed assets | 22/27 | €23,516 | €62,892 | +€39,376 | +167% |
| Land and buildings | 22 | €1,863 | €1,356 | -€506 | -27.2% |
| Plant, machinery and equipment | 23 | €773 | €2,514 | +€1,741 | +225% |
| Furniture and vehicles | 24 | €20,880 | €59,021 | +€38,141 | +183% |
| Current assets | 29/58 | €75,749 | €66,411 | -€9,338 | -12.3% |
| Stocks and contracts in progress | 3 | €24,224 | €29,754 | +€5,531 | +22.8% |
| Stocks | 30/36 | €24,224 | €29,754 | +€5,531 | +22.8% |
| Amounts receivable within one year | 40/41 | €24,521 | €23,560 | -€960 | -3.9% |
| Trade receivables | 40 | €19,521 | €23,533 | +€4,013 | +20.6% |
| Other amounts receivable | 41 | €5,000 | €27 | -€4,973 | -99.5% |
| Cash at bank and in hand | 54/58 | €27,005 | €13,096 | -€13,908 | -51.5% |
| Total equity and liabilities | 10/49 | €99,265 | €129,303 | +€30,038 | +30.3% |
| Equity | 10/15 | €45,156 | €61,602 | +€16,446 | +36.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,156 | €58,602 | +€16,446 | +39.0% |
| Amounts payable | 17/49 | €54,109 | €67,701 | +€13,592 | +25.1% |
| Amounts payable after more than one year | 17 | €15,801 | €42,373 | +€26,572 | +168% |
| Financial debts | 170/4 | €15,801 | €42,373 | +€26,572 | +168% |
| Amounts payable within one year | 42/48 | €33,196 | €25,328 | -€7,868 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €9,989 | €10,964 | +€975 | +9.8% |
| Financial debts | 43 | €6,728 | €0 | -€6,728 | -100% |
| Credit institutions | 430/8 | €6,728 | €0 | -€6,728 | -100% |
| Trade debts | 44 | €2,953 | €7,306 | +€4,353 | +147% |
| Suppliers | 440/4 | €2,953 | €7,306 | +€4,353 | +147% |
| Taxes, remuneration and social security | 45 | - | €4,334 | +€4,334 | |
| Taxes | 450/3 | - | €4,334 | +€4,334 | |
| Other amounts payable | 47/48 | €13,526 | €2,724 | -€10,802 | -79.9% |
| Accrued charges and deferred income | 492/3 | €5,112 | - | -€5,112 | |
| Non-recurring operating income | 76A | - | €1,167 | +€1,167 | |
| Remuneration, social security and pensions | 62 | €133 | €0 | -€133 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,088 | €9,398 | -€5,690 | -37.7% |
| Other operating charges | 640/8 | €352 | €254 | -€98 | -27.8% |
| Gross operating margin | 9900 | €10,350 | €31,159 | +€20,809 | +201% |
| Operating profit (loss) | 9901 | -€5,222 | €21,507 | +€26,729 | |
| Financial income | 75/76B | €1 | €36 | +€35 | +4,638% |
| Recurring financial income | 75 | €1 | €36 | +€35 | +4,638% |
| Financial charges | 65/66B | €1,725 | €2,124 | +€400 | +23.2% |
| Recurring financial charges | 65 | €1,725 | €2,124 | +€400 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,946 | €19,419 | +€26,365 | |
| Income taxes | 67/77 | €0 | €2,973 | +€2,973 | |
| Profit (loss) for the period | 9904 | -€6,946 | €16,446 | +€23,392 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,946 | €16,446 | +€23,392 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.