PVD WINE CONSULTANCY: 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.
PVD WINE CONSULTANCY
Largest movements
- Stocks and contracts +€56,000
up €56,000 (+546%), from €10,250 to €66,250
- Tangible fixed assets +€36,655
up €36,655 (+880%), from €4,165 to €40,820
of which Land and buildings: +€35,979
- Receivables within one year +€29,411
up €29,411 (+337%), from €8,716 to €38,126
of which Trade receivables: +€28,443
- Other debts +€124,888
new in 2025: €124,888
- Profit (loss) carried forward -€5,643
down €5,643 (-116%), from -€4,850 to -€10,493
- Trade debts +€1,458
up €1,458 (+51.3%), from €2,844 to €4,302
- Gross operating margin +€10,188
up €10,188 (+465%), from €2,192 to €12,380
- Depreciation +€3,882
up €3,882 (+165%), from €2,353 to €6,235
- Other operating charges -€592
down €592 (-59.6%), from €993 to €401
- Financial charges -€236
down €236 (-11.0%), from €2,151 to €1,915
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 | €24,080 | €145,249 | +€121,168 | +503% |
| Fixed assets | 21/28 | €4,165 | €40,820 | +€36,655 | +880% |
| Tangible fixed assets | 22/27 | €4,165 | €40,820 | +€36,655 | +880% |
| Land and buildings | 22 | - | €35,979 | +€35,979 | |
| Plant, machinery and equipment | 23 | €3,754 | €4,720 | +€966 | +25.7% |
| Furniture and vehicles | 24 | €410 | €121 | -€290 | -70.6% |
| Current assets | 29/58 | €19,916 | €104,429 | +€84,514 | +424% |
| Stocks and contracts in progress | 3 | €10,250 | €66,250 | +€56,000 | +546% |
| Stocks | 30/36 | €10,250 | €66,250 | +€56,000 | +546% |
| Amounts receivable within one year | 40/41 | €8,716 | €38,126 | +€29,411 | +337% |
| Trade receivables | 40 | €6,275 | €34,719 | +€28,443 | +453% |
| Other amounts receivable | 41 | €2,440 | €3,407 | +€967 | +39.6% |
| Cash at bank and in hand | 54/58 | €708 | €53 | -€655 | -92.5% |
| Deferred charges and accrued income | 490/1 | €242 | - | -€242 | |
| Total equity and liabilities | 10/49 | €24,080 | €145,249 | +€121,168 | +503% |
| Equity | 10/15 | €20,206 | €14,563 | -€5,643 | -27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,856 | €18,856 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,996 | €16,996 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,850 | -€10,493 | -€5,643 | -116% |
| Amounts payable | 17/49 | €3,874 | €130,685 | +€126,811 | +3,273% |
| Amounts payable within one year | 42/48 | €3,874 | €130,685 | +€126,811 | +3,273% |
| Trade debts | 44 | €2,844 | €4,302 | +€1,458 | +51.3% |
| Suppliers | 440/4 | €2,844 | €4,302 | +€1,458 | +51.3% |
| Taxes, remuneration and social security | 45 | €1,030 | €1,495 | +€466 | +45.2% |
| Taxes | 450/3 | €1,030 | €371 | -€659 | -64.0% |
| Remuneration and social security | 454/9 | - | €1,124 | +€1,124 | |
| Other amounts payable | 47/48 | - | €124,888 | +€124,888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,353 | €6,235 | +€3,882 | +165% |
| Other operating charges | 640/8 | €993 | €401 | -€592 | -59.6% |
| Non-recurring operating charges | 66A | - | €9,336 | +€9,336 | |
| Gross operating margin | 9900 | €2,192 | €12,380 | +€10,188 | +465% |
| Operating profit (loss) | 9901 | -€1,154 | -€3,592 | -€2,438 | -211% |
| Financial income | 75/76B | €0 | €40 | +€40 | +200,250% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +200,250% |
| Financial charges | 65/66B | €2,151 | €1,915 | -€236 | -11.0% |
| Recurring financial charges | 65 | €2,151 | €1,915 | -€236 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,304 | -€5,466 | -€2,162 | -65.4% |
| Income taxes | 67/77 | €195 | €177 | -€18 | -9.2% |
| Profit (loss) for the period | 9904 | -€3,499 | -€5,643 | -€2,144 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,499 | -€5,643 | -€2,144 | -61.3% |
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 26 October 2026 via checked.be.