WINE & CO: 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 & CO
Largest movements
- Cash +€317,768
up €317,768 (+314.6%), from €101,004 to €418,772
mainly Net result for the year (+€165,640) and Investment in fixed assets (net) (+€146,504)
- Financial fixed assets -€150,467
no longer reported in 2025 (was €150,467)
- Current investments -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year -€15,887
down €15,887 (-31.9%), from €49,767 to €33,880
- Reserves +€165,640
up €165,640 (+74.2%), from €223,155 to €388,796
- Other debts -€16,526
down €16,526 (-40.7%), from €40,577 to €24,051
- Tax, wage and social debts -€11,699
down €11,699 (-31.6%), from €37,061 to €25,362
- Short-term financial debts -€10,149
no longer reported in 2025 (was €10,149)
- Financial income +€100,008
up €100,008 (+3677.6%), from €2,719 to €102,728
- Taxes +€11,230
up €11,230 (+31.4%), from €35,806 to €47,036
- Gross operating margin +€7,134
up €7,134 (+6.4%), from €110,987 to €118,121
- Financial charges +€4,592
up €4,592 (+278.4%), from €1,649 to €6,241
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 | €331,251 | €459,733 | +€128,482 | +38.8% |
| Fixed assets | 21/28 | €155,126 | €6,692 | -€148,435 | -95.7% |
| Tangible fixed assets | 22/27 | €4,660 | €6,692 | +€2,032 | +43.6% |
| Plant, machinery and equipment | 23 | €4,660 | €6,692 | +€2,032 | +43.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €150,467 | - | -€150,467 | |
| Current assets | 29/58 | €176,125 | €453,041 | +€276,917 | +157.2% |
| Amounts receivable within one year | 40/41 | €49,767 | €33,880 | -€15,887 | -31.9% |
| Trade receivables | 40 | €49,767 | €33,880 | -€15,887 | -31.9% |
| Current investments | 50/53 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €101,004 | €418,772 | +€317,768 | +314.6% |
| Deferred charges and accrued income | 490/1 | €354 | €389 | +€36 | +10.1% |
| Total equity and liabilities | 10/49 | €331,251 | €459,733 | +€128,482 | +38.8% |
| Equity | 10/15 | €242,190 | €407,830 | +€165,640 | +68.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €223,155 | €388,796 | +€165,640 | +74.2% |
| Distributable reserves | 133 | €223,155 | €388,796 | +€165,640 | +74.2% |
| Profit (loss) carried forward | 14 | €12,834 | €12,834 | = | 0.0% |
| Amounts payable | 17/49 | €89,061 | €51,903 | -€37,158 | -41.7% |
| Amounts payable within one year | 42/48 | €89,061 | €51,651 | -€37,410 | -42.0% |
| Financial debts | 43 | €10,149 | - | -€10,149 | |
| Credit institutions | 430/8 | €10,149 | - | -€10,149 | |
| Trade debts | 44 | €1,274 | €2,238 | +€964 | +75.7% |
| Suppliers | 440/4 | €1,274 | €2,238 | +€964 | +75.7% |
| Taxes, remuneration and social security | 45 | €37,061 | €25,362 | -€11,699 | -31.6% |
| Taxes | 450/3 | €37,061 | €25,362 | -€11,699 | -31.6% |
| Other amounts payable | 47/48 | €40,577 | €24,051 | -€16,526 | -40.7% |
| Accrued charges and deferred income | 492/3 | - | €252 | +€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,684 | €1,931 | +€246 | +14.6% |
| Other operating charges | 640/8 | €46 | - | -€46 | |
| Gross operating margin | 9900 | €110,987 | €118,121 | +€7,134 | +6.4% |
| Operating profit (loss) | 9901 | €109,257 | €116,190 | +€6,933 | +6.3% |
| Financial income | 75/76B | €2,719 | €102,728 | +€100,008 | +3677.6% |
| Recurring financial income | 75 | €2,719 | €102,728 | +€100,008 | +3677.6% |
| Financial charges | 65/66B | €1,649 | €6,241 | +€4,592 | +278.4% |
| Recurring financial charges | 65 | €1,649 | €6,241 | +€4,592 | +278.4% |
| Profit (loss) for the period before taxes | 9903 | €110,327 | €212,677 | +€102,350 | +92.8% |
| Income taxes | 67/77 | €35,806 | €47,036 | +€11,230 | +31.4% |
| Profit (loss) for the period | 9904 | €74,521 | €165,640 | +€91,120 | +122.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,521 | €165,640 | +€91,120 | +122.3% |
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 10 October 2026 via checked.be.