LA BODEGA: 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.
LA BODEGA
Largest movements
- Tangible fixed assets -€25,232
down €25,232 (-13.5%), from €187,135 to €161,903
- Receivables within one year -€23,913
down €23,913 (-37.5%), from €63,700 to €39,787
of which Trade receivables: -€14,525
- Cash -€13,164
down €13,164 (-56.8%), from €23,170 to €10,006
mainly Net result for the year (-€40,011) and Debts after one year (-€21,600)
- Stocks and contracts -€3,079
down €3,079 (-15.3%), from €20,175 to €17,096
- Profit (loss) carried forward -€40,011
down €40,011 (-876.3%), from -€4,566 to -€44,577
- Debts after one year -€21,600
down €21,600 (-18.3%), from €117,720 to €96,120
- Current portion of long-term debt -€11,471
down €11,471 (-34.7%), from €33,072 to €21,600
- Other debts +€10,000
up €10,000 (+50.7%), from €19,732 to €29,732
- Tax, wage and social debts -€5,749
down €5,749 (-66.4%), from €8,658 to €2,910
- Gross operating margin -€32,184
down €32,184 (-81.2%), from €39,638 to €7,454
- Financial charges +€14,539
up €14,539 (+276.1%), from €5,266 to €19,805
of which Non-recurring financial charges: +€15,000
- Financial income -€3,074
down €3,074 (-89.4%), from €3,440 to €366
- Depreciation -€1,420
down €1,420 (-5.3%), from €26,652 to €25,232
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 | €297,651 | €231,132 | -€66,519 | -22.3% |
| Fixed assets | 21/28 | €187,135 | €161,903 | -€25,232 | -13.5% |
| Tangible fixed assets | 22/27 | €187,135 | €161,903 | -€25,232 | -13.5% |
| Land and buildings | 22 | €149,482 | €139,005 | -€10,477 | -7.0% |
| Plant, machinery and equipment | 23 | €14,583 | €11,590 | -€2,993 | -20.5% |
| Furniture and vehicles | 24 | €23,070 | €11,309 | -€11,762 | -51.0% |
| Current assets | 29/58 | €110,516 | €69,229 | -€41,287 | -37.4% |
| Stocks and contracts in progress | 3 | €20,175 | €17,096 | -€3,079 | -15.3% |
| Stocks | 30/36 | €20,175 | €17,096 | -€3,079 | -15.3% |
| Amounts receivable within one year | 40/41 | €63,700 | €39,787 | -€23,913 | -37.5% |
| Trade receivables | 40 | €23,897 | €9,372 | -€14,525 | -60.8% |
| Other amounts receivable | 41 | €39,804 | €30,416 | -€9,388 | -23.6% |
| Cash at bank and in hand | 54/58 | €23,170 | €10,006 | -€13,164 | -56.8% |
| Deferred charges and accrued income | 490/1 | €3,469 | €2,339 | -€1,130 | -32.6% |
| Total equity and liabilities | 10/49 | €297,651 | €231,132 | -€66,519 | -22.3% |
| Equity | 10/15 | €113,805 | €73,794 | -€40,011 | -35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,771 | €99,771 | = | 0.0% |
| Distributable reserves | 133 | €99,771 | €99,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,566 | -€44,577 | -€40,011 | -876.3% |
| Amounts payable | 17/49 | €183,845 | €157,338 | -€26,507 | -14.4% |
| Amounts payable after more than one year | 17 | €117,720 | €96,120 | -€21,600 | -18.3% |
| Financial debts | 170/4 | €117,720 | €96,120 | -€21,600 | -18.3% |
| Amounts payable within one year | 42/48 | €63,556 | €58,551 | -€5,005 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €33,072 | €21,600 | -€11,471 | -34.7% |
| Trade debts | 44 | €2,094 | €4,300 | +€2,207 | +105.4% |
| Suppliers | 440/4 | €2,094 | €4,300 | +€2,207 | +105.4% |
| Advances received on contracts in progress | 46 | - | €9 | +€9 | |
| Taxes, remuneration and social security | 45 | €8,658 | €2,910 | -€5,749 | -66.4% |
| Taxes | 450/3 | €8,658 | €2,910 | -€5,749 | -66.4% |
| Other amounts payable | 47/48 | €19,732 | €29,732 | +€10,000 | +50.7% |
| Accrued charges and deferred income | 492/3 | €2,569 | €2,667 | +€98 | +3.8% |
| Non-recurring operating income | 76A | - | €289 | +€289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,652 | €25,232 | -€1,420 | -5.3% |
| Other operating charges | 640/8 | €2,583 | €2,648 | +€64 | +2.5% |
| Gross operating margin | 9900 | €39,638 | €7,454 | -€32,184 | -81.2% |
| Operating profit (loss) | 9901 | €10,403 | -€20,426 | -€30,829 | |
| Financial income | 75/76B | €3,440 | €366 | -€3,074 | -89.4% |
| Recurring financial income | 75 | €3,440 | €366 | -€3,074 | -89.4% |
| Financial charges | 65/66B | €5,266 | €19,805 | +€14,539 | +276.1% |
| Recurring financial charges | 65 | €5,266 | €4,805 | -€461 | -8.8% |
| Non-recurring financial charges | 66B | - | €15,000 | +€15,000 | |
| Profit (loss) for the period before taxes | 9903 | €8,577 | -€39,865 | -€48,441 | |
| Income taxes | 67/77 | €147 | €146 | -€1 | -0.5% |
| Profit (loss) for the period | 9904 | €8,429 | -€40,011 | -€48,440 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,429 | -€40,011 | -€48,440 |
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 12 October 2026 via checked.be.