WINE NEW: 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 NEW
Largest movements
- Tangible fixed assets -€27,812
down €27,812 (-26.0%), from €106,770 to €78,958
of which Furniture and vehicles: -€16,565
- Stocks and contracts +€23,220
up €23,220 (+22.2%), from €104,469 to €127,689
- Receivables within one year +€23,116
up €23,116 (+37.9%), from €61,032 to €84,148
of which Trade receivables: +€27,815
- Cash +€7,093
up €7,093 (+49.9%), from €14,208 to €21,301
mainly Trade debts (+€61,144) and Other debts (+€40,834)
- Intangible fixed assets -€3,618
down €3,618 (-94.5%), from €3,830 to €211
- Trade debts +€61,144
up €61,144 (+107%), from €57,281 to €118,425
- Profit (loss) carried forward -€55,115
down €55,115 (-29.9%), from -€184,508 to -€239,623
- Other debts +€40,834
up €40,834 (+22.4%), from €182,474 to €223,308
- Debts after one year -€30,370
down €30,370 (-70.1%), from €43,326 to €12,955
- Tax, wage and social debts +€3,406
up €3,406 (+48.7%), from €6,993 to €10,399
of which Taxes: +€2,078
- Gross operating margin -€36,697
down €36,697, from €35,101 to -€1,596
- Other operating charges -€26,652
down €26,652 (-79.5%), from €33,518 to €6,866
- Staff costs -€18,123
down €18,123 (-61.9%), from €29,270 to €11,146
- Financial charges -€3,168
down €3,168 (-46.7%), from €6,780 to €3,612
- Depreciation -€3,060
down €3,060 (-8.9%), from €34,490 to €31,431
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.
Derived cash bridge
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 | €294,949 | €315,962 | +€21,013 | +7.1% |
| Fixed assets | 21/28 | €110,780 | €79,349 | -€31,431 | -28.4% |
| Intangible fixed assets | 21 | €3,830 | €211 | -€3,618 | -94.5% |
| Tangible fixed assets | 22/27 | €106,770 | €78,958 | -€27,812 | -26.0% |
| Land and buildings | 22 | €24,271 | €22,556 | -€1,716 | -7.1% |
| Furniture and vehicles | 24 | €52,240 | €35,674 | -€16,565 | -31.7% |
| Leasing and similar rights | 25 | €27,759 | €18,228 | -€9,532 | -34.3% |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €184,169 | €236,613 | +€52,444 | +28.5% |
| Stocks and contracts in progress | 3 | €104,469 | €127,689 | +€23,220 | +22.2% |
| Stocks | 30/36 | €104,469 | €127,689 | +€23,220 | +22.2% |
| Amounts receivable within one year | 40/41 | €61,032 | €84,148 | +€23,116 | +37.9% |
| Trade receivables | 40 | €33,264 | €61,078 | +€27,815 | +83.6% |
| Other amounts receivable | 41 | €27,768 | €23,069 | -€4,699 | -16.9% |
| Cash at bank and in hand | 54/58 | €14,208 | €21,301 | +€7,093 | +49.9% |
| Deferred charges and accrued income | 490/1 | €4,460 | €3,475 | -€985 | -22.1% |
| Total equity and liabilities | 10/49 | €294,949 | €315,962 | +€21,013 | +7.1% |
| Equity | 10/15 | -€14,901 | -€70,016 | -€55,115 | -370% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €161,547 | €161,547 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €161,547 | €161,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,508 | -€239,623 | -€55,115 | -29.9% |
| Amounts payable | 17/49 | €309,850 | €385,978 | +€76,128 | +24.6% |
| Amounts payable after more than one year | 17 | €43,326 | €12,955 | -€30,370 | -70.1% |
| Financial debts | 170/4 | €43,326 | €12,955 | -€30,370 | -70.1% |
| Amounts payable within one year | 42/48 | €266,442 | €372,955 | +€106,512 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €19,694 | €20,823 | +€1,129 | +5.7% |
| Trade debts | 44 | €57,281 | €118,425 | +€61,144 | +107% |
| Suppliers | 440/4 | €57,281 | €118,425 | +€61,144 | +107% |
| Taxes, remuneration and social security | 45 | €6,993 | €10,399 | +€3,406 | +48.7% |
| Taxes | 450/3 | €2,394 | €4,473 | +€2,078 | +86.8% |
| Remuneration and social security | 454/9 | €4,598 | €5,926 | +€1,327 | +28.9% |
| Other amounts payable | 47/48 | €182,474 | €223,308 | +€40,834 | +22.4% |
| Accrued charges and deferred income | 492/3 | €82 | €68 | -€14 | -16.7% |
| Remuneration, social security and pensions | 62 | €29,270 | €11,146 | -€18,123 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,490 | €31,431 | -€3,060 | -8.9% |
| Other operating charges | 640/8 | €33,518 | €6,866 | -€26,652 | -79.5% |
| Gross operating margin | 9900 | €35,101 | -€1,596 | -€36,697 | |
| Operating profit (loss) | 9901 | -€62,177 | -€51,039 | +€11,139 | +17.9% |
| Financial income | 75/76B | €155 | €5 | -€150 | -96.9% |
| Recurring financial income | 75 | €155 | €5 | -€150 | -96.9% |
| Financial charges | 65/66B | €6,780 | €3,612 | -€3,168 | -46.7% |
| Recurring financial charges | 65 | €6,780 | €3,612 | -€3,168 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | -€68,803 | -€54,646 | +€14,157 | +20.6% |
| Income taxes | 67/77 | €505 | €469 | -€36 | -7.2% |
| Profit (loss) for the period | 9904 | -€69,308 | -€55,115 | +€14,193 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,308 | -€55,115 | +€14,193 | +20.5% |
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 22 October 2026 via checked.be.