WINE&SHINE: 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&SHINE
Largest movements
- Stocks and contracts +€12,178
up €12,178 (+23.8%), from €51,093 to €63,270
- Cash +€5,654
up €5,654 (+93.3%), from €6,063 to €11,717
mainly Other debts (+€51,726) and Receivables within one year (+€3,624)
- Receivables within one year -€3,624
down €3,624 (-41.5%), from €8,730 to €5,107
of which Trade receivables: -€5,486
- Deferred charges and accrued income +€2,000
up €2,000, from €0 to €2,000
- Tangible fixed assets -€1,000
down €1,000 (-62.2%), from €1,609 to €609
- Other debts +€51,726
up €51,726 (+137%), from €37,864 to €89,590
- Profit (loss) carried forward -€34,561
down €34,561 (-54.6%), from -€63,327 to -€97,888
- Tax, wage and social debts -€4,091
down €4,091 (-98.5%), from €4,154 to €63
- Trade debts +€1,937
up €1,937 (+28.9%), from €6,710 to €8,647
- Gross operating margin -€19,477
down €19,477 (-292%), from -€6,673 to -€26,150
- Other operating charges +€1,092
up €1,092 (+21.4%), from €5,112 to €6,204
- Financial charges -€360
down €360 (-26.0%), from €1,386 to €1,026
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 | €68,301 | €83,312 | +€15,012 | +22.0% |
| Formation expenses | 20 | €307 | €110 | -€197 | -64.2% |
| Fixed assets | 21/28 | €2,109 | €1,109 | -€1,000 | -47.4% |
| Tangible fixed assets | 22/27 | €1,609 | €609 | -€1,000 | -62.2% |
| Furniture and vehicles | 24 | €1,609 | €609 | -€1,000 | -62.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €65,886 | €82,094 | +€16,208 | +24.6% |
| Stocks and contracts in progress | 3 | €51,093 | €63,270 | +€12,178 | +23.8% |
| Stocks | 30/36 | €51,093 | €63,270 | +€12,178 | +23.8% |
| Amounts receivable within one year | 40/41 | €8,730 | €5,107 | -€3,624 | -41.5% |
| Trade receivables | 40 | €8,730 | €3,244 | -€5,486 | -62.8% |
| Other amounts receivable | 41 | €0 | €1,863 | +€1,863 | |
| Cash at bank and in hand | 54/58 | €6,063 | €11,717 | +€5,654 | +93.3% |
| Deferred charges and accrued income | 490/1 | €0 | €2,000 | +€2,000 | |
| Total equity and liabilities | 10/49 | €68,301 | €83,312 | +€15,012 | +22.0% |
| Equity | 10/15 | -€23,327 | -€57,888 | -€34,561 | -148% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,327 | -€97,888 | -€34,561 | -54.6% |
| Amounts payable | 17/49 | €91,628 | €141,200 | +€49,572 | +54.1% |
| Amounts payable after more than one year | 17 | €42,900 | €42,900 | = | 0.0% |
| Financial debts | 170/4 | €42,900 | €42,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,728 | €98,300 | +€49,572 | +102% |
| Trade debts | 44 | €6,710 | €8,647 | +€1,937 | +28.9% |
| Suppliers | 440/4 | €6,710 | €8,647 | +€1,937 | +28.9% |
| Taxes, remuneration and social security | 45 | €4,154 | €63 | -€4,091 | -98.5% |
| Taxes | 450/3 | €4,154 | €63 | -€4,091 | -98.5% |
| Other amounts payable | 47/48 | €37,864 | €89,590 | +€51,726 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,197 | €1,197 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,112 | €6,204 | +€1,092 | +21.4% |
| Gross operating margin | 9900 | -€6,673 | -€26,150 | -€19,477 | -292% |
| Operating profit (loss) | 9901 | -€12,982 | -€33,551 | -€20,569 | -158% |
| Financial income | 75/76B | €59 | €16 | -€43 | -72.6% |
| Recurring financial income | 75 | €59 | €16 | -€43 | -72.6% |
| Financial charges | 65/66B | €1,386 | €1,026 | -€360 | -26.0% |
| Recurring financial charges | 65 | €1,386 | €1,026 | -€360 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,309 | -€34,561 | -€20,252 | -142% |
| Profit (loss) for the period | 9904 | -€14,309 | -€34,561 | -€20,252 | -142% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,309 | -€34,561 | -€20,252 | -142% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.