WINECLASSICS: 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.
WINECLASSICS
Largest movements
- Stocks and contracts -€70,117
down €70,117 (-13.9%), from €504,392 to €434,275
- Cash -€23,044
down €23,044 (-63.5%), from €36,277 to €13,233
mainly Trade debts (-€70,634) and Receivables within one year (-€22,550)
- Receivables within one year +€22,550
up €22,550 (+26.2%), from €85,954 to €108,504
of which Trade receivables: +€19,833
- Trade debts -€70,634
down €70,634 (-65.9%), from €107,146 to €36,512
- Gross operating margin -€18,203
down €18,203 (-40.1%), from €45,394 to €27,191
- Other operating charges +€16,533
up €16,533 (+494.0%), from €3,346 to €19,879
- Taxes -€9,368
down €9,368 (-76.7%), from €12,210 to €2,842
- Financial charges +€1,703
up €1,703 (+145.8%), from €1,168 to €2,871
- Depreciation -€1,611
down €1,611 (-54.8%), from €2,941 to €1,330
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 | €631,504 | €559,607 | -€71,897 | -11.4% |
| Fixed assets | 21/28 | €2,179 | €848 | -€1,330 | -61.1% |
| Tangible fixed assets | 22/27 | €2,179 | €848 | -€1,330 | -61.1% |
| Other tangible fixed assets | 26 | €2,179 | €848 | -€1,330 | -61.1% |
| Current assets | 29/58 | €629,325 | €558,759 | -€70,566 | -11.2% |
| Stocks and contracts in progress | 3 | €504,392 | €434,275 | -€70,117 | -13.9% |
| Stocks | 30/36 | €504,392 | €434,275 | -€70,117 | -13.9% |
| Amounts receivable within one year | 40/41 | €85,954 | €108,504 | +€22,550 | +26.2% |
| Trade receivables | 40 | €69,906 | €89,740 | +€19,833 | +28.4% |
| Other amounts receivable | 41 | €16,048 | €18,765 | +€2,717 | +16.9% |
| Cash at bank and in hand | 54/58 | €36,277 | €13,233 | -€23,044 | -63.5% |
| Deferred charges and accrued income | 490/1 | €2,702 | €2,746 | +€45 | +1.7% |
| Total equity and liabilities | 10/49 | €631,504 | €559,607 | -€71,897 | -11.4% |
| Equity | 10/15 | €132,215 | €132,483 | +€269 | +0.2% |
| Contributions | 10/11 | €7,600 | €7,600 | = | 0.0% |
| Reserves | 13 | €124,615 | €124,883 | +€269 | +0.2% |
| Distributable reserves | 133 | €124,615 | €124,883 | +€269 | +0.2% |
| Amounts payable | 17/49 | €499,289 | €427,124 | -€72,165 | -14.5% |
| Amounts payable within one year | 42/48 | €499,289 | €427,124 | -€72,165 | -14.5% |
| Trade debts | 44 | €107,146 | €36,512 | -€70,634 | -65.9% |
| Suppliers | 440/4 | €107,146 | €36,512 | -€70,634 | -65.9% |
| Taxes, remuneration and social security | 45 | €40,852 | €40,191 | -€662 | -1.6% |
| Taxes | 450/3 | €28,339 | €15,051 | -€13,288 | -46.9% |
| Remuneration and social security | 454/9 | €12,513 | €25,139 | +€12,626 | +100.9% |
| Other amounts payable | 47/48 | €351,291 | €350,421 | -€869 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,941 | €1,330 | -€1,611 | -54.8% |
| Other operating charges | 640/8 | €3,346 | €19,879 | +€16,533 | +494.0% |
| Gross operating margin | 9900 | €45,394 | €27,191 | -€18,203 | -40.1% |
| Operating profit (loss) | 9901 | €39,106 | €5,981 | -€33,125 | -84.7% |
| Financial income | 75/76B | €223 | - | -€223 | |
| Recurring financial income | 75 | €223 | - | -€223 | |
| Financial charges | 65/66B | €1,168 | €2,871 | +€1,703 | +145.8% |
| Recurring financial charges | 65 | €1,168 | €2,871 | +€1,703 | +145.8% |
| Profit (loss) for the period before taxes | 9903 | €38,161 | €3,110 | -€35,051 | -91.8% |
| Income taxes | 67/77 | €12,210 | €2,842 | -€9,368 | -76.7% |
| Profit (loss) for the period | 9904 | €25,951 | €269 | -€25,683 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,951 | €269 | -€25,683 | -99.0% |
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 9 October 2026 via checked.be.