PREMIUM SPIRITS: what changed
Two fiscal 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.
What changed
PREMIUM SPIRITS
NACE 46.341, Wholesale of wines and spirits
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€367,405
2024 · €593,913-€226,509
Equity
€4.4m
2024 · €4.5m-€63,985
Cash
€668,492
2024 · €515,172+€153,320
Balance sheet total
€6.2m
2024 · €6.4m-€205,864
Largest movements
Assets
- Receivables within one year -€237,008
down €237,008 (-10.9%), from €2.2m to €1.9m
of which Other amounts receivable: -€320,881
- Cash +€153,320
up €153,320 (+29.8%), from €515,172 to €668,492
mainly Trade debts (+€517,340) and Net result for the year (+€367,405)
- Stocks and contracts -€92,370
down €92,370 (-3.4%), from €2.7m to €2.6m
Equity and liabilities
- Other debts -€575,000
down €575,000 (-57.5%), from €1.0m to €425,000
- Trade debts +€517,340
up €517,340 (+143.7%), from €360,121 to €877,462
Income statement
- Turnover -€383,022
down €383,022 (-4.4%), from €8.7m to €8.4m
- Other operating income +€108,634
up €108,634 (+14.8%), from €733,484 to €842,118
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.
Result 2024
€593,913
Turnover
-€383,022
Other operating income
+€108,634
Goods and materials
-€39,929
Services and other goods
+€12,089
Staff costs
-€14,930
Depreciation
-€5,290
Write-downs
-€1,895
Other operating charges
+€6,828
Other operating items
+€2,250
Financial income
+€23,596
Financial charges
+€4,898
Taxes
+€60,263
Result 2025
€367,405
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.
From operations
+€727,815
Investment
-€45,343
Financing
-€529,151
Cash 2024
€515,172
From operations (derived)
+€727,815
Net result for the year
+€367,405
Depreciation
+€74,377
Stocks and contracts
+€92,370
Receivables within one year
+€237,008
Smaller working-capital items
+€245
Trade debts
+€517,340
Tax, wage and social debts
+€2,916
Other debts
-€575,000
Accrued charges and deferred income
+€11,155
Investment (derived)
-€45,343
Investment in fixed assets (net)
-€18,823
Current investments
-€26,521
Financing
-€529,151
Debts after one year
-€41,709
Current portion of long-term debt
-€1,445
Short-term financial debts
-€54,607
Contributions, distributions and other
-€431,390
Cash 2025
€668,492
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,374,577 | €6,168,713 | -€205,864 | -3.2% |
| Fixed assets | 21/28 | €640,063 | €584,509 | -€55,554 | -8.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €636,518 | €580,964 | -€55,554 | -8.7% |
| Land and buildings | 22 | €498,292 | €475,279 | -€23,013 | -4.6% |
| Plant, machinery and equipment | 23 | €12,989 | €11,783 | -€1,206 | -9.3% |
| Furniture and vehicles | 24 | €125,238 | €93,902 | -€31,335 | -25.0% |
| Financial fixed assets | 28 | €3,545 | €3,545 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,545 | €3,545 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,545 | €3,545 | = | 0.0% |
| Current assets | 29/58 | €5,734,514 | €5,584,204 | -€150,310 | -2.6% |
| Stocks and contracts in progress | 3 | €2,723,161 | €2,630,791 | -€92,370 | -3.4% |
| Stocks | 30/36 | €2,723,161 | €2,630,791 | -€92,370 | -3.4% |
| Goods purchased for resale | 34 | €2,723,161 | €2,630,791 | -€92,370 | -3.4% |
| Amounts receivable within one year | 40/41 | €2,171,518 | €1,934,510 | -€237,008 | -10.9% |
| Trade receivables | 40 | €1,367,969 | €1,451,842 | +€83,873 | +6.1% |
| Other amounts receivable | 41 | €803,549 | €482,668 | -€320,881 | -39.9% |
| Current investments | 50/53 | €297,332 | €323,853 | +€26,521 | +8.9% |
| Other investments | 51/53 | €297,332 | €323,853 | +€26,521 | +8.9% |
| Cash at bank and in hand | 54/58 | €515,172 | €668,492 | +€153,320 | +29.8% |
| Deferred charges and accrued income | 490/1 | €27,332 | €26,559 | -€773 | -2.8% |
| Total equity and liabilities | 10/49 | €6,374,577 | €6,168,713 | -€205,864 | -3.2% |
| Equity | 10/15 | €4,454,793 | €4,390,807 | -€63,985 | -1.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €4,356,450 | €4,298,855 | -€57,595 | -1.3% |
| Tax-exempt reserves | 132 | €192,542 | €107,316 | -€85,226 | -44.3% |
| Distributable reserves | 133 | €4,163,908 | €4,191,538 | +€27,631 | +0.7% |
| Investment grants | 15 | €48,343 | €41,953 | -€6,390 | -13.2% |
| Provisions and deferred taxes | 16 | €3,961 | €3,433 | -€528 | -13.3% |
| Deferred taxes | 168 | €3,961 | €3,433 | -€528 | -13.3% |
| Amounts payable | 17/49 | €1,915,823 | €1,774,473 | -€141,350 | -7.4% |
| Amounts payable after more than one year | 17 | €257,261 | €215,552 | -€41,709 | -16.2% |
| Financial debts | 170/4 | €257,261 | €215,552 | -€41,709 | -16.2% |
| Credit institutions | 173 | €257,261 | €215,552 | -€41,709 | -16.2% |
| Amounts payable within one year | 42/48 | €1,642,162 | €1,531,365 | -€110,797 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €68,086 | €66,640 | -€1,445 | -2.1% |
| Financial debts | 43 | €92,565 | €37,958 | -€54,607 | -59.0% |
| Other loans | 439 | €92,565 | €37,958 | -€54,607 | -59.0% |
| Trade debts | 44 | €360,121 | €877,462 | +€517,340 | +143.7% |
| Suppliers | 440/4 | €360,121 | €877,462 | +€517,340 | +143.7% |
| Taxes, remuneration and social security | 45 | €121,390 | €124,305 | +€2,916 | +2.4% |
| Taxes | 450/3 | €69,027 | €58,723 | -€10,304 | -14.9% |
| Remuneration and social security | 454/9 | €52,363 | €65,582 | +€13,219 | +25.2% |
| Other amounts payable | 47/48 | €1,000,000 | €425,000 | -€575,000 | -57.5% |
| Accrued charges and deferred income | 492/3 | €16,400 | €27,556 | +€11,155 | +68.0% |
| Operating income | 70/76A | €9,471,786 | €9,199,648 | -€272,138 | -2.9% |
| Turnover | 70 | €8,738,302 | €8,355,280 | -€383,022 | -4.4% |
| Other operating income | 74 | €733,484 | €842,118 | +€108,634 | +14.8% |
| Non-recurring operating income | 76A | - | €2,250 | +€2,250 | |
| Operating charges | 60/66A | €8,703,496 | €8,746,624 | +€43,128 | +0.5% |
| Goods for resale, raw materials and consumables | 60 | €5,303,080 | €5,343,010 | +€39,929 | +0.8% |
| Purchases | 600/8 | €5,642,842 | €5,250,640 | -€392,202 | -7.0% |
| Change in stocks: decrease (increase) | 609 | -€339,761 | €92,370 | +€432,131 | |
| Services and other goods | 61 | €1,317,789 | €1,305,700 | -€12,089 | -0.9% |
| Remuneration, social security and pensions | 62 | €570,934 | €585,864 | +€14,930 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,086 | €74,377 | +€5,290 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,015 | €33,909 | +€1,895 | +5.9% |
| Other operating charges | 640/8 | €1,410,592 | €1,403,764 | -€6,828 | -0.5% |
| Operating profit (loss) | 9901 | €768,290 | €453,024 | -€315,266 | -41.0% |
| Financial income | 75/76B | €32,214 | €55,810 | +€23,596 | +73.2% |
| Recurring financial income | 75 | €32,214 | €55,810 | +€23,596 | +73.2% |
| Income from current assets | 751 | €8,837 | €3,758 | -€5,079 | -57.5% |
| Other financial income | 752/9 | €23,377 | €52,052 | +€28,675 | +122.7% |
| Financial charges | 65/66B | €42,897 | €37,998 | -€4,898 | -11.4% |
| Recurring financial charges | 65 | €42,897 | €37,998 | -€4,898 | -11.4% |
| Debt charges | 650 | €15,277 | €14,016 | -€1,261 | -8.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | €4,720 | +€4,720 | |
| Other financial charges | 652/9 | €27,620 | €19,262 | -€8,358 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €757,607 | €470,836 | -€286,771 | -37.9% |
| Transfer from deferred taxes | 780 | €528 | €528 | = | 0.0% |
| Income taxes | 67/77 | €164,222 | €103,960 | -€60,263 | -36.7% |
| Taxes | 670/3 | €164,824 | €108,363 | -€56,462 | -34.3% |
| Tax adjustments and reversals of tax provisions | 77 | €602 | €4,403 | +€3,801 | +631.4% |
| Profit (loss) for the period | 9904 | €593,913 | €367,405 | -€226,509 | -38.1% |
| Transfer from tax-exempt reserves | 789 | €1,026 | €85,226 | +€84,200 | +8206.9% |
| Profit (loss) for the period to be appropriated | 9905 | €594,939 | €452,631 | -€142,309 | -23.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.