WINE+: 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.
WINE+
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,960
down €3,960 (-54.5%), from €7,266 to €3,305
- Taxes -€1,068
down €1,068 (-56.3%), from €1,896 to €828
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 | €1,034,705 | €1,037,877 | +€3,173 | +0.3% |
| Fixed assets | 21/28 | €1,032,000 | €1,032,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,032,000 | €1,032,000 | = | 0.0% |
| Current assets | 29/58 | €2,705 | €5,877 | +€3,173 | +117.3% |
| Amounts receivable within one year | 40/41 | €2,267 | €1,452 | -€815 | -36.0% |
| Trade receivables | 40 | €2,267 | €1,452 | -€815 | -36.0% |
| Cash at bank and in hand | 54/58 | €438 | €4,318 | +€3,880 | +886.8% |
| Deferred charges and accrued income | 490/1 | - | €107 | +€107 | |
| Total equity and liabilities | 10/49 | €1,034,705 | €1,037,877 | +€3,173 | +0.3% |
| Equity | 10/15 | €726,944 | €729,219 | +€2,275 | +0.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €85,000 | €85,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,944 | €144,219 | +€2,275 | +1.6% |
| Amounts payable | 17/49 | €307,761 | €308,658 | +€897 | +0.3% |
| Amounts payable after more than one year | 17 | €175,000 | €175,000 | = | 0.0% |
| Financial debts | 170/4 | €175,000 | €175,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €132,761 | €133,545 | +€784 | +0.6% |
| Trade debts | 44 | €30 | - | -€30 | |
| Suppliers | 440/4 | €30 | - | -€30 | |
| Taxes, remuneration and social security | 45 | €2,149 | €3,150 | +€1,000 | +46.5% |
| Taxes | 450/3 | €2,149 | €3,150 | +€1,000 | +46.5% |
| Other amounts payable | 47/48 | €130,581 | €130,395 | -€186 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €113 | +€113 | |
| Other operating charges | 640/8 | €227 | €172 | -€55 | -24.4% |
| Gross operating margin | 9900 | €7,266 | €3,305 | -€3,960 | -54.5% |
| Operating profit (loss) | 9901 | €7,039 | €3,133 | -€3,905 | -55.5% |
| Financial charges | 65/66B | €80 | €30 | -€50 | -62.5% |
| Recurring financial charges | 65 | €80 | €30 | -€50 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €6,959 | €3,103 | -€3,855 | -55.4% |
| Income taxes | 67/77 | €1,896 | €828 | -€1,068 | -56.3% |
| Profit (loss) for the period | 9904 | €5,062 | €2,275 | -€2,787 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,062 | €2,275 | -€2,787 | -55.1% |
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 11 October 2026 via checked.be.