FINWINES: 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.
FINWINES
Largest movements
- Receivables within one year +€16,427
up €16,427 (+173.6%), from €9,462 to €25,888
of which Trade receivables: +€12,389
- Tangible fixed assets -€11,549
down €11,549 (-12.4%), from €93,488 to €81,939
of which Plant, machinery and equipment: -€6,613
- Cash +€8,218
up €8,218 (+24.9%), from €33,058 to €41,276
mainly Net result for the year (+€53,427) and Tax, wage and social debts (+€31,740)
- Stocks and contracts -€3,603
down €3,603 (-21.3%), from €16,895 to €13,292
- Other debts -€75,673
down €75,673 (-94.6%), from €79,964 to €4,292
- Profit (loss) carried forward +€53,427
up €53,427 (+74.0%), from -€72,244 to -€18,817
- Tax, wage and social debts +€31,740
up €31,740 (+205.9%), from €15,417 to €47,157
of which Remuneration and social security: +€23,504
- Advances received +€10,833
new in 2025: €10,833
- Debts after one year -€7,378
down €7,378 (-26.3%), from €28,102 to €20,724
- Financial charges -€105,853
down €105,853 (-97.5%), from €108,520 to €2,667
- Gross operating margin -€11,185
down €11,185 (-4.3%), from €262,868 to €251,683
- Taxes +€7,865
up €7,865 (+8067.1%), from €98 to €7,963
- Staff costs -€6,569
down €6,569 (-3.6%), from €180,357 to €173,788
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.
Cash bridge derived
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 | €158,086 | €165,325 | +€7,239 | +4.6% |
| Fixed assets | 21/28 | €95,785 | €83,518 | -€12,267 | -12.8% |
| Intangible fixed assets | 21 | €2,154 | €1,436 | -€718 | -33.3% |
| Tangible fixed assets | 22/27 | €93,488 | €81,939 | -€11,549 | -12.4% |
| Plant, machinery and equipment | 23 | €27,695 | €21,082 | -€6,613 | -23.9% |
| Furniture and vehicles | 24 | €1,680 | €1,113 | -€567 | -33.7% |
| Other tangible fixed assets | 26 | €64,113 | €59,744 | -€4,369 | -6.8% |
| Financial fixed assets | 28 | €143 | €143 | = | 0.0% |
| Current assets | 29/58 | €62,301 | €81,807 | +€19,506 | +31.3% |
| Stocks and contracts in progress | 3 | €16,895 | €13,292 | -€3,603 | -21.3% |
| Stocks | 30/36 | €16,895 | €13,292 | -€3,603 | -21.3% |
| Amounts receivable within one year | 40/41 | €9,462 | €25,888 | +€16,427 | +173.6% |
| Trade receivables | 40 | €1,462 | €13,851 | +€12,389 | +847.5% |
| Other amounts receivable | 41 | €8,000 | €12,037 | +€4,037 | +50.5% |
| Cash at bank and in hand | 54/58 | €33,058 | €41,276 | +€8,218 | +24.9% |
| Deferred charges and accrued income | 490/1 | €2,886 | €1,350 | -€1,536 | -53.2% |
| Total equity and liabilities | 10/49 | €158,086 | €165,325 | +€7,239 | +4.6% |
| Equity | 10/15 | -€8,755 | €42,949 | +€51,704 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,360 | €18,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,500 | €16,500 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,244 | -€18,817 | +€53,427 | +74.0% |
| Investment grants | 15 | €26,529 | €24,805 | -€1,723 | -6.5% |
| Amounts payable | 17/49 | €166,841 | €122,376 | -€44,465 | -26.7% |
| Amounts payable after more than one year | 17 | €28,102 | €20,724 | -€7,378 | -26.3% |
| Financial debts | 170/4 | €28,102 | €20,724 | -€7,378 | -26.3% |
| Amounts payable within one year | 42/48 | €138,739 | €101,652 | -€37,087 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €11,646 | €7,378 | -€4,269 | -36.7% |
| Financial debts | 43 | - | €6,709 | +€6,709 | |
| Other loans | 439 | - | €6,709 | +€6,709 | |
| Trade debts | 44 | €31,711 | €25,284 | -€6,427 | -20.3% |
| Suppliers | 440/4 | €31,711 | €25,284 | -€6,427 | -20.3% |
| Advances received on contracts in progress | 46 | - | €10,833 | +€10,833 | |
| Taxes, remuneration and social security | 45 | €15,417 | €47,157 | +€31,740 | +205.9% |
| Taxes | 450/3 | €4,758 | €12,994 | +€8,236 | +173.1% |
| Remuneration and social security | 454/9 | €10,659 | €34,163 | +€23,504 | +220.5% |
| Other amounts payable | 47/48 | €79,964 | €4,292 | -€75,673 | -94.6% |
| Remuneration, social security and pensions | 62 | €180,357 | €173,788 | -€6,569 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,457 | €12,267 | -€190 | -1.5% |
| Other operating charges | 640/8 | €3,444 | €3,446 | +€2 | 0.0% |
| Gross operating margin | 9900 | €262,868 | €251,683 | -€11,185 | -4.3% |
| Operating profit (loss) | 9901 | €66,610 | €62,182 | -€4,428 | -6.6% |
| Financial income | 75/76B | €1,771 | €1,876 | +€105 | +5.9% |
| Recurring financial income | 75 | €1,771 | €1,876 | +€105 | +5.9% |
| Financial charges | 65/66B | €108,520 | €2,667 | -€105,853 | -97.5% |
| Recurring financial charges | 65 | €108,520 | €2,667 | -€105,853 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,140 | €61,390 | +€101,530 | |
| Income taxes | 67/77 | €98 | €7,963 | +€7,865 | +8067.1% |
| Profit (loss) for the period | 9904 | -€40,237 | €53,427 | +€93,664 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,237 | €53,427 | +€93,664 |
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 9 October 2026 via checked.be.