WINECO: what changed
WINECO
Largest movements
- Cash +€13,523
up €13,523 (+488%), from €2,770 to €16,293
mainly Net result for the year (+€16,693) and Trade debts (+€8,169)
- Receivables within one year +€9,037
up €9,037 (+10.6%), from €85,174 to €94,211
of which Other amounts receivable: +€8,022
- Reserves +€16,000
up €16,000 (+67.1%), from €23,860 to €39,860
- Trade debts +€8,169
up €8,169 (+26.0%), from €31,365 to €39,534
- Tax, wage and social debts -€2,479
down €2,479 (-100%), from €2,479 to €0
- Gross operating margin +€10,377
up €10,377 (+74.7%), from €13,889 to €24,266
- Taxes +€2,331
up €2,331 (+56.4%), from €4,131 to €6,461
- Financial income -€857
down €857 (-30.3%), from €2,832 to €1,974
- Financial charges -€576
down €576 (-19.1%), from €3,019 to €2,443
- Depreciation -€536
down €536 (-84.3%), from €636 to €100
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 | €90,521 | €113,097 | +€22,576 | +24.9% |
| Fixed assets | 21/28 | €100 | €0 | -€100 | -100% |
| Tangible fixed assets | 22/27 | €100 | €0 | -€100 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €100 | €0 | -€100 | -100% |
| Current assets | 29/58 | €90,422 | €113,097 | +€22,676 | +25.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €85,174 | €94,211 | +€9,037 | +10.6% |
| Trade receivables | 40 | €31,299 | €32,314 | +€1,015 | +3.2% |
| Other amounts receivable | 41 | €53,875 | €61,897 | +€8,022 | +14.9% |
| Cash at bank and in hand | 54/58 | €2,770 | €16,293 | +€13,523 | +488% |
| Deferred charges and accrued income | 490/1 | €2,477 | €2,593 | +€116 | +4.7% |
| Total equity and liabilities | 10/49 | €90,521 | €113,097 | +€22,576 | +24.9% |
| Equity | 10/15 | €42,732 | €59,425 | +€16,693 | +39.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,860 | €39,860 | +€16,000 | +67.1% |
| Distributable reserves | 133 | €23,860 | €39,860 | +€16,000 | +67.1% |
| Profit (loss) carried forward | 14 | €272 | €965 | +€693 | +254% |
| Amounts payable | 17/49 | €47,789 | €53,672 | +€5,883 | +12.3% |
| Amounts payable within one year | 42/48 | €47,583 | €53,461 | +€5,878 | +12.4% |
| Trade debts | 44 | €31,365 | €39,534 | +€8,169 | +26.0% |
| Suppliers | 440/4 | €31,365 | €39,534 | +€8,169 | +26.0% |
| Taxes, remuneration and social security | 45 | €2,479 | €0 | -€2,479 | -100% |
| Taxes | 450/3 | €2,479 | €0 | -€2,479 | -100% |
| Other amounts payable | 47/48 | €13,739 | €13,927 | +€188 | +1.4% |
| Accrued charges and deferred income | 492/3 | €206 | €211 | +€5 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €636 | €100 | -€536 | -84.3% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €13,889 | €24,266 | +€10,377 | +74.7% |
| Operating profit (loss) | 9901 | €12,725 | €23,623 | +€10,897 | +85.6% |
| Financial income | 75/76B | €2,832 | €1,974 | -€857 | -30.3% |
| Recurring financial income | 75 | €2,832 | €1,974 | -€857 | -30.3% |
| Financial charges | 65/66B | €3,019 | €2,443 | -€576 | -19.1% |
| Recurring financial charges | 65 | €3,019 | €2,443 | -€576 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €12,538 | €23,154 | +€10,616 | +84.7% |
| Income taxes | 67/77 | €4,131 | €6,461 | +€2,331 | +56.4% |
| Profit (loss) for the period | 9904 | €8,407 | €16,693 | +€8,285 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,407 | €16,693 | +€8,285 | +98.5% |
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 1 November 2026 via checked.be.