TheWineGuy: 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.
TheWineGuy
Largest movements
- Stocks and contracts -€2,225
down €2,225 (-16.3%), from €13,689 to €11,464
- Receivables within one year -€1,391
down €1,391 (-88.9%), from €1,564 to €173
of which Trade receivables: -€1,106
- Cash +€531
up €531 (+28.9%), from €1,838 to €2,369
mainly Stocks and contracts (+€2,225) and Receivables within one year (+€1,391)
- Formation expenses -€276
down €276 (-74.6%), from €370 to €94
- Deferred charges and accrued income -€192
down €192 (-79.0%), from €243 to €51
- Profit (loss) carried forward -€2,090
down €2,090 (-45.6%), from -€4,580 to -€6,670
- Trade debts -€1,684
down €1,684 (-96.2%), from €1,750 to €66
- Accrued charges and deferred income +€399
new in 2025: €399
- Tax, wage and social debts -€178
down €178 (-33.3%), from €534 to €356
- Other operating charges +€465
up €465 (+120.2%), from €387 to €852
- Gross operating margin -€454
down €454 (-89.4%), from -€508 to -€962
- Financial charges -€330
no longer reported in 2025 (was €330)
- Financial income -€12
no longer reported in 2025 (was €12)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,704 | €14,151 | -€3,553 | -20.1% |
| Formation expenses | 20 | €370 | €94 | -€276 | -74.6% |
| Current assets | 29/58 | €17,334 | €14,057 | -€3,277 | -18.9% |
| Stocks and contracts in progress | 3 | €13,689 | €11,464 | -€2,225 | -16.3% |
| Stocks | 30/36 | €13,689 | €11,464 | -€2,225 | -16.3% |
| Amounts receivable within one year | 40/41 | €1,564 | €173 | -€1,391 | -88.9% |
| Trade receivables | 40 | €1,106 | €0 | -€1,106 | -100.0% |
| Other amounts receivable | 41 | €458 | €173 | -€285 | -62.2% |
| Cash at bank and in hand | 54/58 | €1,838 | €2,369 | +€531 | +28.9% |
| Deferred charges and accrued income | 490/1 | €243 | €51 | -€192 | -79.0% |
| Total equity and liabilities | 10/49 | €17,704 | €14,151 | -€3,553 | -20.1% |
| Equity | 10/15 | €15,420 | €13,330 | -€2,090 | -13.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,580 | -€6,670 | -€2,090 | -45.6% |
| Amounts payable | 17/49 | €2,284 | €821 | -€1,463 | -64.1% |
| Amounts payable within one year | 42/48 | €2,284 | €422 | -€1,862 | -81.5% |
| Trade debts | 44 | €1,750 | €66 | -€1,684 | -96.2% |
| Suppliers | 440/4 | €1,750 | €66 | -€1,684 | -96.2% |
| Taxes, remuneration and social security | 45 | €534 | €356 | -€178 | -33.3% |
| Taxes | 450/3 | €534 | €356 | -€178 | -33.3% |
| Accrued charges and deferred income | 492/3 | - | €399 | +€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276 | €276 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €852 | +€465 | +120.2% |
| Gross operating margin | 9900 | -€508 | -€962 | -€454 | -89.4% |
| Operating profit (loss) | 9901 | -€1,171 | -€2,090 | -€919 | -78.5% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €330 | - | -€330 | |
| Recurring financial charges | 65 | €330 | - | -€330 | |
| Profit (loss) for the period before taxes | 9903 | -€1,489 | -€2,090 | -€601 | -40.4% |
| Profit (loss) for the period | 9904 | -€1,489 | -€2,090 | -€601 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,489 | -€2,090 | -€601 | -40.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.