MAVI 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.
MAVI WINES
Largest movements
- Tangible fixed assets -€15,212
down €15,212 (-4.5%), from €335,786 to €320,575
of which Land and buildings: -€13,612
- Receivables within one year +€5,587
up €5,587 (+7.4%), from €75,772 to €81,359
of which Trade receivables: +€10,692
- Debts after one year -€23,012
down €23,012 (-8.6%), from €266,698 to €243,685
- Tax, wage and social debts +€9,838
up €9,838 (+69.0%), from €14,266 to €24,105
- Trade debts -€8,560
down €8,560 (-18.1%), from €47,330 to €38,770
- Profit (loss) carried forward +€5,775
up €5,775 (+18.3%), from €31,475 to €37,250
- Gross operating margin -€12,898
down €12,898 (-21.5%), from €59,899 to €47,002
- Other operating charges -€1,065
down €1,065 (-7.3%), from €14,640 to €13,575
- Taxes -€1,032
down €1,032 (-25.0%), from €4,122 to €3,089
- Financial charges -€843
down €843 (-7.6%), from €11,025 to €10,182
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 | €447,225 | €438,841 | -€8,384 | -1.9% |
| Fixed assets | 21/28 | €336,286 | €321,075 | -€15,212 | -4.5% |
| Tangible fixed assets | 22/27 | €335,786 | €320,575 | -€15,212 | -4.5% |
| Land and buildings | 22 | €332,137 | €318,526 | -€13,612 | -4.1% |
| Furniture and vehicles | 24 | €3,649 | €2,049 | -€1,600 | -43.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €110,938 | €117,766 | +€6,828 | +6.2% |
| Stocks and contracts in progress | 3 | €30,096 | €31,510 | +€1,415 | +4.7% |
| Stocks | 30/36 | €30,096 | €31,510 | +€1,415 | +4.7% |
| Amounts receivable within one year | 40/41 | €75,772 | €81,359 | +€5,587 | +7.4% |
| Trade receivables | 40 | €59,742 | €70,434 | +€10,692 | +17.9% |
| Other amounts receivable | 41 | €16,030 | €10,925 | -€5,106 | -31.9% |
| Cash at bank and in hand | 54/58 | €323 | - | -€323 | |
| Deferred charges and accrued income | 490/1 | €4,747 | €4,897 | +€150 | +3.2% |
| Total equity and liabilities | 10/49 | €447,225 | €438,841 | -€8,384 | -1.9% |
| Equity | 10/15 | €81,475 | €87,250 | +€5,775 | +7.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,475 | €37,250 | +€5,775 | +18.3% |
| Amounts payable | 17/49 | €365,750 | €351,591 | -€14,159 | -3.9% |
| Amounts payable after more than one year | 17 | €266,698 | €243,685 | -€23,012 | -8.6% |
| Financial debts | 170/4 | €266,698 | €243,685 | -€23,012 | -8.6% |
| Amounts payable within one year | 42/48 | €99,052 | €104,348 | +€5,296 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €22,737 | €23,223 | +€486 | +2.1% |
| Financial debts | 43 | €14,459 | €15,925 | +€1,466 | +10.1% |
| Credit institutions | 430/8 | €14,459 | €15,925 | +€1,466 | +10.1% |
| Trade debts | 44 | €47,330 | €38,770 | -€8,560 | -18.1% |
| Suppliers | 440/4 | €47,330 | €38,770 | -€8,560 | -18.1% |
| Taxes, remuneration and social security | 45 | €14,266 | €24,105 | +€9,838 | +69.0% |
| Taxes | 450/3 | €14,266 | €24,105 | +€9,838 | +69.0% |
| Other amounts payable | 47/48 | €260 | €2,326 | +€2,066 | +796% |
| Accrued charges and deferred income | 492/3 | - | €3,558 | +€3,558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,535 | €15,212 | -€323 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €156 | +€156 | |
| Other operating charges | 640/8 | €14,640 | €13,575 | -€1,065 | -7.3% |
| Gross operating margin | 9900 | €59,899 | €47,002 | -€12,898 | -21.5% |
| Operating profit (loss) | 9901 | €29,725 | €18,060 | -€11,665 | -39.2% |
| Financial income | 75/76B | €775 | €987 | +€212 | +27.3% |
| Recurring financial income | 75 | €775 | €987 | +€212 | +27.3% |
| Financial charges | 65/66B | €11,025 | €10,182 | -€843 | -7.6% |
| Recurring financial charges | 65 | €11,025 | €10,182 | -€843 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €19,475 | €8,864 | -€10,611 | -54.5% |
| Income taxes | 67/77 | €4,122 | €3,089 | -€1,032 | -25.0% |
| Profit (loss) for the period | 9904 | €15,353 | €5,775 | -€9,578 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,353 | €5,775 | -€9,578 | -62.4% |
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 24 October 2026 via checked.be.