MONTEPERTINI WINERY: 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.
MONTEPERTINI WINERY
Largest movements
- Stocks and contracts +€17,104
up €17,104 (+60.7%), from €28,161 to €45,265
- Cash +€14,217
up €14,217 (+51.5%), from €27,630 to €41,847
mainly Debts after one year (+€77,295) and Depreciation (+€18,667)
- Tangible fixed assets -€11,864
down €11,864 (-6.9%), from €171,814 to €159,951
- Receivables within one year +€2,916
up €2,916 (+127%), from €2,289 to €5,205
- Debts after one year +€77,295
up €77,295 (+26.7%), from €290,000 to €367,295
- Profit (loss) carried forward -€59,348
down €59,348 (-31.6%), from -€187,729 to -€247,077
- Current portion of long-term debt +€10,221
new in 2025: €10,221
- Other debts -€6,579
down €6,579 (-37.4%), from €17,582 to €11,003
- Trade debts -€4,578
down €4,578 (-50.3%), from €9,104 to €4,527
- Gross operating margin +€33,709
up €33,709 (+55.1%), from -€61,190 to -€27,481
- Financial charges +€2,091
up €2,091 (+20.9%), from €10,028 to €12,119
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 | €232,915 | €256,230 | +€23,315 | +10.0% |
| Formation expenses | 20 | €2,243 | €1,235 | -€1,008 | -45.0% |
| Fixed assets | 21/28 | €171,814 | €159,951 | -€11,864 | -6.9% |
| Tangible fixed assets | 22/27 | €171,814 | €159,951 | -€11,864 | -6.9% |
| Plant, machinery and equipment | 23 | €171,814 | €159,951 | -€11,864 | -6.9% |
| Current assets | 29/58 | €58,858 | €95,045 | +€36,187 | +61.5% |
| Stocks and contracts in progress | 3 | €28,161 | €45,265 | +€17,104 | +60.7% |
| Stocks | 30/36 | €28,161 | €45,265 | +€17,104 | +60.7% |
| Amounts receivable within one year | 40/41 | €2,289 | €5,205 | +€2,916 | +127% |
| Trade receivables | 40 | €2,289 | €5,205 | +€2,916 | +127% |
| Cash at bank and in hand | 54/58 | €27,630 | €41,847 | +€14,217 | +51.5% |
| Deferred charges and accrued income | 490/1 | €777 | €2,727 | +€1,950 | +251% |
| Total equity and liabilities | 10/49 | €232,915 | €256,230 | +€23,315 | +10.0% |
| Equity | 10/15 | -€86,729 | -€146,077 | -€59,348 | -68.4% |
| Contributions | 10/11 | €101,000 | €101,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,729 | -€247,077 | -€59,348 | -31.6% |
| Amounts payable | 17/49 | €319,644 | €402,307 | +€82,663 | +25.9% |
| Amounts payable after more than one year | 17 | €290,000 | €367,295 | +€77,295 | +26.7% |
| Financial debts | 170/4 | €290,000 | €367,295 | +€77,295 | +26.7% |
| Amounts payable within one year | 42/48 | €27,967 | €30,406 | +€2,439 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,221 | +€10,221 | |
| Trade debts | 44 | €9,104 | €4,527 | -€4,578 | -50.3% |
| Suppliers | 440/4 | €9,104 | €4,527 | -€4,578 | -50.3% |
| Taxes, remuneration and social security | 45 | €1,281 | €4,656 | +€3,375 | +264% |
| Taxes | 450/3 | €1,281 | €4,656 | +€3,375 | +264% |
| Other amounts payable | 47/48 | €17,582 | €11,003 | -€6,579 | -37.4% |
| Accrued charges and deferred income | 492/3 | €1,677 | €4,605 | +€2,928 | +175% |
| Remuneration, social security and pensions | 62 | - | €149 | +€149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,086 | €18,667 | +€581 | +3.2% |
| Other operating charges | 640/8 | €1,241 | €1,090 | -€151 | -12.2% |
| Gross operating margin | 9900 | -€61,190 | -€27,481 | +€33,709 | +55.1% |
| Operating profit (loss) | 9901 | -€80,517 | -€47,386 | +€33,130 | +41.1% |
| Financial income | 75/76B | €1 | €158 | +€157 | +12,843% |
| Recurring financial income | 75 | €1 | €158 | +€157 | +12,843% |
| Financial charges | 65/66B | €10,028 | €12,119 | +€2,091 | +20.9% |
| Recurring financial charges | 65 | €10,028 | €12,119 | +€2,091 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€90,544 | -€59,348 | +€31,196 | +34.5% |
| Profit (loss) for the period | 9904 | -€90,544 | -€59,348 | +€31,196 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,544 | -€59,348 | +€31,196 | +34.5% |
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 1 November 2026 via checked.be.