Wine & Innovation Management: what changed
Wine & Innovation Management
Largest movements
- Cash -€44,111
down €44,111 (-32.3%), from €136,552 to €92,440
mainly Investment in fixed assets (net) (-€37,780) and Tax, wage and social debts (-€9,954)
- Tangible fixed assets +€36,408
up €36,408 (+448%), from €8,121 to €44,529
of which Plant, machinery and equipment: +€36,737
- Receivables within one year -€18,171
down €18,171 (-52.5%), from €34,582 to €16,411
of which Trade receivables: -€21,780
- Tax, wage and social debts -€9,954
no longer reported in 2025 (was €9,954)
- Trade debts -€8,120
down €8,120 (-81.1%), from €10,010 to €1,890
- Profit (loss) carried forward -€7,452
down €7,452 (-4.5%), from €166,088 to €158,636
- Gross operating margin -€47,067
down €47,067, from €41,041 to -€6,025
- Taxes -€9,470
no longer reported in 2025 (was €9,470)
- Depreciation +€1,192
up €1,192 (+664%), from €180 to €1,372
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,345 | €163,526 | -€25,818 | -13.6% |
| Fixed assets | 21/28 | €18,121 | €54,529 | +€36,408 | +201% |
| Tangible fixed assets | 22/27 | €8,121 | €44,529 | +€36,408 | +448% |
| Plant, machinery and equipment | 23 | €7,308 | €44,045 | +€36,737 | +503% |
| Furniture and vehicles | 24 | €813 | €483 | -€330 | -40.5% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €171,224 | €108,998 | -€62,226 | -36.3% |
| Amounts receivable within one year | 40/41 | €34,582 | €16,411 | -€18,171 | -52.5% |
| Trade receivables | 40 | €32,670 | €10,890 | -€21,780 | -66.7% |
| Other amounts receivable | 41 | €1,912 | €5,521 | +€3,609 | +189% |
| Cash at bank and in hand | 54/58 | €136,552 | €92,440 | -€44,111 | -32.3% |
| Deferred charges and accrued income | 490/1 | €90 | €146 | +€56 | +62.2% |
| Total equity and liabilities | 10/49 | €189,345 | €163,526 | -€25,818 | -13.6% |
| Equity | 10/15 | €169,088 | €161,636 | -€7,452 | -4.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,088 | €158,636 | -€7,452 | -4.5% |
| Amounts payable | 17/49 | €20,256 | €1,890 | -€18,366 | -90.7% |
| Amounts payable within one year | 42/48 | €19,964 | €1,890 | -€18,074 | -90.5% |
| Trade debts | 44 | €10,010 | €1,890 | -€8,120 | -81.1% |
| Suppliers | 440/4 | €10,010 | €1,890 | -€8,120 | -81.1% |
| Taxes, remuneration and social security | 45 | €9,954 | - | -€9,954 | |
| Taxes | 450/3 | €9,954 | - | -€9,954 | |
| Accrued charges and deferred income | 492/3 | €292 | - | -€292 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €1,372 | +€1,192 | +664% |
| Other operating charges | 640/8 | €63 | - | -€63 | |
| Gross operating margin | 9900 | €41,041 | -€6,025 | -€47,067 | |
| Operating profit (loss) | 9901 | €40,799 | -€7,397 | -€48,196 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.2% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.2% |
| Financial charges | 65/66B | €55 | €55 | = | 0.0% |
| Recurring financial charges | 65 | €55 | €55 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €40,757 | -€7,452 | -€48,209 | |
| Income taxes | 67/77 | €9,470 | - | -€9,470 | |
| Profit (loss) for the period | 9904 | €31,287 | -€7,452 | -€38,740 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,287 | -€7,452 | -€38,740 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.