WINE BLEND: 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.
WINE BLEND
Largest movements
- Cash +€80,609
up €80,609 (+161.5%), from €49,925 to €130,534
mainly Receivables within one year (+€47,773) and Net result for the year (+€35,170)
- Receivables within one year -€47,773
down €47,773 (-32.4%), from €147,506 to €99,734
of which Trade receivables: -€55,504
- Stocks and contracts +€12,681
up €12,681 (+156.1%), from €8,124 to €20,805
- Tangible fixed assets -€12,262
down €12,262 (-22.0%), from €55,697 to €43,435
of which Furniture and vehicles: -€9,005
- Reserves +€35,170
up €35,170 (+20.6%), from €171,107 to €206,277
- Trade debts +€12,447
up €12,447 (+202.1%), from €6,159 to €18,606
- Debts after one year -€12,271
down €12,271 (-70.0%), from €17,525 to €5,254
- Tax, wage and social debts -€7,818
down €7,818 (-22.6%), from €34,557 to €26,739
of which Taxes: -€21,696
- Short-term financial debts +€5,055
up €5,055 (+50.5%), from €10,000 to €15,055
- Staff costs +€55,881
up €55,881 (+117.9%), from €47,417 to €103,298
- Taxes -€11,568
down €11,568 (-51.8%), from €22,334 to €10,766
- Gross operating margin +€9,254
up €9,254 (+5.9%), from €157,414 to €166,668
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 | €263,168 | €297,897 | +€34,730 | +13.2% |
| Fixed assets | 21/28 | €55,697 | €43,435 | -€12,262 | -22.0% |
| Tangible fixed assets | 22/27 | €55,697 | €43,435 | -€12,262 | -22.0% |
| Plant, machinery and equipment | 23 | €8,166 | €5,865 | -€2,301 | -28.2% |
| Furniture and vehicles | 24 | €40,376 | €31,371 | -€9,005 | -22.3% |
| Other tangible fixed assets | 26 | €7,155 | €6,198 | -€957 | -13.4% |
| Current assets | 29/58 | €207,471 | €254,463 | +€46,992 | +22.6% |
| Stocks and contracts in progress | 3 | €8,124 | €20,805 | +€12,681 | +156.1% |
| Stocks | 30/36 | €8,124 | €20,805 | +€12,681 | +156.1% |
| Amounts receivable within one year | 40/41 | €147,506 | €99,734 | -€47,773 | -32.4% |
| Trade receivables | 40 | €118,927 | €63,423 | -€55,504 | -46.7% |
| Other amounts receivable | 41 | €28,579 | €36,311 | +€7,732 | +27.1% |
| Cash at bank and in hand | 54/58 | €49,925 | €130,534 | +€80,609 | +161.5% |
| Deferred charges and accrued income | 490/1 | €1,916 | €3,390 | +€1,474 | +77.0% |
| Total equity and liabilities | 10/49 | €263,168 | €297,897 | +€34,730 | +13.2% |
| Equity | 10/15 | €183,107 | €218,277 | +€35,170 | +19.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €171,107 | €206,277 | +€35,170 | +20.6% |
| Distributable reserves | 133 | €171,107 | €206,277 | +€35,170 | +20.6% |
| Amounts payable | 17/49 | €80,061 | €79,620 | -€441 | -0.6% |
| Amounts payable after more than one year | 17 | €17,525 | €5,254 | -€12,271 | -70.0% |
| Financial debts | 170/4 | €17,525 | €5,254 | -€12,271 | -70.0% |
| Amounts payable within one year | 42/48 | €62,524 | €72,670 | +€10,146 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €11,808 | €12,271 | +€463 | +3.9% |
| Financial debts | 43 | €10,000 | €15,055 | +€5,055 | +50.5% |
| Credit institutions | 430/8 | €10,000 | €15,055 | +€5,055 | +50.5% |
| Trade debts | 44 | €6,159 | €18,606 | +€12,447 | +202.1% |
| Suppliers | 440/4 | €6,159 | €18,606 | +€12,447 | +202.1% |
| Taxes, remuneration and social security | 45 | €34,557 | €26,739 | -€7,818 | -22.6% |
| Taxes | 450/3 | €34,557 | €12,862 | -€21,696 | -62.8% |
| Remuneration and social security | 454/9 | - | €13,877 | +€13,877 | |
| Accrued charges and deferred income | 492/3 | €13 | €1,697 | +€1,684 | +13313.4% |
| Remuneration, social security and pensions | 62 | €47,417 | €103,298 | +€55,881 | +117.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,119 | €15,988 | +€870 | +5.8% |
| Other operating charges | 640/8 | €968 | €892 | -€76 | -7.9% |
| Gross operating margin | 9900 | €157,414 | €166,668 | +€9,254 | +5.9% |
| Operating profit (loss) | 9901 | €93,910 | €46,490 | -€47,420 | -50.5% |
| Financial income | 75/76B | €100 | €1,054 | +€954 | +955.2% |
| Recurring financial income | 75 | €100 | €1,054 | +€954 | +955.2% |
| Financial charges | 65/66B | €2,172 | €1,607 | -€564 | -26.0% |
| Recurring financial charges | 65 | €2,172 | €1,607 | -€564 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €91,838 | €45,936 | -€45,902 | -50.0% |
| Income taxes | 67/77 | €22,334 | €10,766 | -€11,568 | -51.8% |
| Profit (loss) for the period | 9904 | €69,504 | €35,170 | -€34,334 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,504 | €35,170 | -€34,334 | -49.4% |
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 5 October 2026 via checked.be.