Provisions: 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.
What changed
Provisions
NACE 46.341, Wholesale of wines and spirits
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€434,656
2024 · €171,145-€605,801
Equity
€91,908
2024 · €526,564-€434,656
Cash
€3,491
2024 · €194,973-€191,482
Balance sheet total
€2.0m
2024 · €4.7m-€2.7m
Largest movements
Assets
- Stocks and contracts -€1.5m
down €1.5m (-66.4%), from €2.2m to €736,041
- Receivables within one year -€1.1m
down €1.1m (-47.3%), from €2.3m to €1.2m
of which Trade receivables: -€855,229
- Cash -€191,482
down €191,482 (-98.2%), from €194,973 to €3,491
mainly Trade debts (-€3.4m) and Net result for the year (-€434,656)
Equity and liabilities
- Trade debts -€3.4m
down €3.4m (-96.7%), from €3.6m to €116,066
- Advances received +€1.3m
new in 2025: €1.3m
- Profit (loss) carried forward -€434,656
down €434,656 (-83.3%), from €522,064 to €87,408
- Current portion of long-term debt -€362,500
down €362,500 (-85.2%), from €425,672 to €63,172
- Short-term financial debts +€250,000
new in 2025: €250,000
Income statement
- Turnover -€20.8m
down €20.8m (-73.8%), from €28.2m to €7.4m
- Goods and materials -€19.9m
down €19.9m (-73.6%), from €27.1m to €7.1m
of which Purchases: -€22.0m
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
€171,145
Turnover
-€20.8m
Other operating income
+€72,627
Goods and materials
+€19.9m
Services and other goods
+€147,239
Staff costs
+€43,273
Depreciation
-€11,419
Write-downs
-€30,575
Other operating charges
-€48,376
Financial income
-€10,183
Financial charges
+€57,940
Taxes
+€61,072
Result 2025
-€434,656
raises the resultlowers the result
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.
From operations
-€207,118
Investment
-€21,865
Financing
+€37,500
Cash 2024
€194,973
From operations (derived)
-€207,118
Net result for the year
-€434,656
Depreciation
+€17,753
Receivables after one year
-€543
Stocks and contracts
+€1.5m
Receivables within one year
+€1.1m
Deferred charges and accrued income
-€14,819
Trade debts
-€3.4m
Tax, wage and social debts
-€197,918
Advances received
+€1.3m
Investment (derived)
-€21,865
Investment in fixed assets (net)
-€21,865
Financing
+€37,500
Debts after one year
+€150,000
Current portion of long-term debt
-€362,500
Short-term financial debts
+€250,000
Cash 2025
€3,491
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,729,872 | €2,028,710 | -€2.7m | -57.1% |
| Fixed assets | 21/28 | €53,360 | €57,471 | +€4,111 | +7.7% |
| Intangible fixed assets | 21 | €52,860 | €53,342 | +€483 | +0.9% |
| Tangible fixed assets | 22/27 | - | €3,629 | +€3,629 | |
| Furniture and vehicles | 24 | - | €3,629 | +€3,629 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €500 | €500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €4,676,512 | €1,971,239 | -€2.7m | -57.8% |
| Amounts receivable after more than one year | 29 | €18,094 | €18,637 | +€543 | +3.0% |
| Other amounts receivable | 291 | €18,094 | €18,637 | +€543 | +3.0% |
| Stocks and contracts in progress | 3 | €2,188,395 | €736,041 | -€1.5m | -66.4% |
| Stocks | 30/36 | €2,188,395 | €736,041 | -€1.5m | -66.4% |
| Goods purchased for resale | 34 | €2,188,395 | €736,041 | -€1.5m | -66.4% |
| Amounts receivable within one year | 40/41 | €2,274,894 | €1,198,095 | -€1.1m | -47.3% |
| Trade receivables | 40 | €1,605,443 | €750,215 | -€855,229 | -53.3% |
| Other amounts receivable | 41 | €669,451 | €447,880 | -€221,571 | -33.1% |
| Cash at bank and in hand | 54/58 | €194,973 | €3,491 | -€191,482 | -98.2% |
| Deferred charges and accrued income | 490/1 | €156 | €14,976 | +€14,819 | +9,484% |
| Total equity and liabilities | 10/49 | €4,729,872 | €2,028,710 | -€2.7m | -57.1% |
| Equity | 10/15 | €526,564 | €91,908 | -€434,656 | -82.5% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €522,064 | €87,408 | -€434,656 | -83.3% |
| Amounts payable | 17/49 | €4,203,309 | €1,936,802 | -€2.3m | -53.9% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Subordinated loans | 170 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €4,203,309 | €1,786,802 | -€2.4m | -57.5% |
| Current portion of amounts payable after more than one year | 42 | €425,672 | €63,172 | -€362,500 | -85.2% |
| Financial debts | 43 | - | €250,000 | +€250,000 | |
| Credit institutions | 430/8 | - | €250,000 | +€250,000 | |
| Trade debts | 44 | €3,554,720 | €116,066 | -€3.4m | -96.7% |
| Suppliers | 440/4 | €3,554,720 | €116,066 | -€3.4m | -96.7% |
| Advances received on contracts in progress | 46 | - | €1,332,565 | +€1.3m | |
| Taxes, remuneration and social security | 45 | €222,917 | €24,999 | -€197,918 | -88.8% |
| Taxes | 450/3 | €221,193 | €24,999 | -€196,195 | -88.7% |
| Remuneration and social security | 454/9 | €1,723 | - | -€1,723 | |
| Operating income | 70/76A | €28,216,088 | €7,484,027 | -€20.7m | -73.5% |
| Turnover | 70 | €28,199,204 | €7,394,515 | -€20.8m | -73.8% |
| Other operating income | 74 | €16,884 | €89,511 | +€72,627 | +430% |
| Operating charges | 60/66A | €27,919,132 | €7,901,700 | -€20.0m | -71.7% |
| Goods for resale, raw materials and consumables | 60 | €27,053,960 | €7,136,671 | -€19.9m | -73.6% |
| Purchases | 600/8 | €27,724,367 | €5,684,317 | -€22.0m | -79.5% |
| Change in stocks: decrease (increase) | 609 | -€670,407 | €1,452,354 | +€2.1m | |
| Services and other goods | 61 | €675,432 | €528,192 | -€147,239 | -21.8% |
| Remuneration, social security and pensions | 62 | €88,264 | €44,991 | -€43,273 | -49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,334 | €17,753 | +€11,419 | +180% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€28,051 | €2,525 | +€30,575 | |
| Other operating charges | 640/8 | €123,193 | €171,568 | +€48,376 | +39.3% |
| Operating profit (loss) | 9901 | €296,956 | -€417,674 | -€714,630 | |
| Financial income | 75/76B | €25,858 | €15,674 | -€10,183 | -39.4% |
| Recurring financial income | 75 | €25,858 | €15,674 | -€10,183 | -39.4% |
| Income from current assets | 751 | €17,950 | €13,288 | -€4,662 | -26.0% |
| Other financial income | 752/9 | €7,908 | €2,386 | -€5,522 | -69.8% |
| Financial charges | 65/66B | €90,596 | €32,656 | -€57,940 | -64.0% |
| Recurring financial charges | 65 | €90,596 | €32,656 | -€57,940 | -64.0% |
| Debt charges | 650 | €14,512 | €14,240 | -€272 | -1.9% |
| Other financial charges | 652/9 | €76,084 | €18,416 | -€57,668 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €232,218 | -€434,656 | -€666,873 | |
| Income taxes | 67/77 | €61,072 | - | -€61,072 | |
| Taxes | 670/3 | €61,072 | - | -€61,072 | |
| Profit (loss) for the period | 9904 | €171,145 | -€434,656 | -€605,801 | |
| Profit (loss) for the period to be appropriated | 9905 | €171,145 | -€434,656 | -€605,801 |
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 19 October 2026 via checked.be.