WINE WORLD: 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 WORLD
Largest movements
- Stocks and contracts -€5,563
down €5,563 (-27.1%), from €20,564 to €15,001
- Cash -€4,882
down €4,882 (-5.5%), from €88,289 to €83,407
mainly Other debts (-€19,612) and Trade debts (-€2,881)
- Receivables within one year -€3,191
down €3,191 (-25.4%), from €12,540 to €9,349
of which Other amounts receivable: -€4,489
- Tangible fixed assets -€2,226
down €2,226 (-67.9%), from €3,281 to €1,055
of which Furniture and vehicles: -€1,172
- Other debts -€19,612
down €19,612 (-37.3%), from €52,637 to €33,025
- Reserves +€7,915
up €7,915 (+11.6%), from €68,384 to €76,299
- Trade debts -€2,881
no longer reported in 2025 (was €2,881)
- Gross operating margin -€7,642
down €7,642 (-35.4%), from €21,613 to €13,971
- Depreciation -€1,221
down €1,221 (-28.2%), from €4,328 to €3,107
- Taxes +€621
up €621 (+45.4%), from €1,368 to €1,989
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 | €128,127 | €113,145 | -€14,982 | -11.7% |
| Fixed assets | 21/28 | €4,044 | €2,622 | -€1,422 | -35.2% |
| Intangible fixed assets | 21 | €763 | €1,567 | +€804 | +105% |
| Tangible fixed assets | 22/27 | €3,281 | €1,055 | -€2,226 | -67.9% |
| Plant, machinery and equipment | 23 | €2,109 | €1,055 | -€1,055 | -50.0% |
| Furniture and vehicles | 24 | €1,172 | - | -€1,172 | |
| Current assets | 29/58 | €124,083 | €110,523 | -€13,560 | -10.9% |
| Stocks and contracts in progress | 3 | €20,564 | €15,001 | -€5,563 | -27.1% |
| Stocks | 30/36 | €20,564 | €15,001 | -€5,563 | -27.1% |
| Amounts receivable within one year | 40/41 | €12,540 | €9,349 | -€3,191 | -25.4% |
| Trade receivables | 40 | €7,540 | €8,838 | +€1,298 | +17.2% |
| Other amounts receivable | 41 | €5,000 | €512 | -€4,489 | -89.8% |
| Cash at bank and in hand | 54/58 | €88,289 | €83,407 | -€4,882 | -5.5% |
| Deferred charges and accrued income | 490/1 | €2,690 | €2,766 | +€76 | +2.8% |
| Total equity and liabilities | 10/49 | €128,127 | €113,145 | -€14,982 | -11.7% |
| Equity | 10/15 | €68,384 | €76,299 | +€7,915 | +11.6% |
| Reserves | 13 | €68,384 | €76,299 | +€7,915 | +11.6% |
| Distributable reserves | 133 | €68,384 | €76,299 | +€7,915 | +11.6% |
| Amounts payable | 17/49 | €59,743 | €36,846 | -€22,897 | -38.3% |
| Amounts payable within one year | 42/48 | €59,743 | €36,846 | -€22,897 | -38.3% |
| Trade debts | 44 | €2,881 | - | -€2,881 | |
| Suppliers | 440/4 | €2,881 | - | -€2,881 | |
| Taxes, remuneration and social security | 45 | €4,224 | €3,821 | -€403 | -9.5% |
| Taxes | 450/3 | €4,224 | €3,821 | -€403 | -9.5% |
| Other amounts payable | 47/48 | €52,637 | €33,025 | -€19,612 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,328 | €3,107 | -€1,221 | -28.2% |
| Other operating charges | 640/8 | €876 | €829 | -€47 | -5.3% |
| Gross operating margin | 9900 | €21,613 | €13,971 | -€7,642 | -35.4% |
| Operating profit (loss) | 9901 | €16,410 | €10,035 | -€6,375 | -38.8% |
| Financial income | 75/76B | €16 | €10 | -€5 | -33.6% |
| Recurring financial income | 75 | €16 | €10 | -€5 | -33.6% |
| Financial charges | 65/66B | €139 | €142 | +€3 | +2.0% |
| Recurring financial charges | 65 | €139 | €142 | +€3 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €16,286 | €9,903 | -€6,383 | -39.2% |
| Income taxes | 67/77 | €1,368 | €1,989 | +€621 | +45.4% |
| Profit (loss) for the period | 9904 | €14,918 | €7,915 | -€7,003 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,918 | €7,915 | -€7,003 | -46.9% |
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 18 October 2026 via checked.be.