WINEROUTE: 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.
WINEROUTE
Largest movements
- Receivables within one year -€51,191
down €51,191 (-63.9%), from €80,121 to €28,930
of which Trade receivables: -€41,233
- Stocks and contracts +€38,271
up €38,271 (+46.9%), from €81,550 to €119,821
- Tangible fixed assets -€13,757
down €13,757 (-84.4%), from €16,301 to €2,543
of which Furniture and vehicles: -€14,374
- Deferred charges and accrued income -€4,772
no longer reported in 2025 (was €4,772)
- Other debts +€39,375
new in 2025: €39,375
- Debts after one year -€27,979
down €27,979 (-36.7%), from €76,335 to €48,356
- Profit (loss) carried forward -€22,016
down €22,016 (-144%), from -€15,243 to -€37,259
- Short-term financial debts -€18,668
down €18,668 (-70.8%), from €26,376 to €7,709
- Trade debts +€5,048
up €5,048 (+36.5%), from €13,822 to €18,869
of which Suppliers: +€18,869
- Gross operating margin -€59,887
down €59,887 (-87.8%), from €68,195 to €8,308
- Taxes -€23,242
down €23,242, from €17,108 to -€6,134
- Financial charges +€3,030
up €3,030 (+38.3%), from €7,908 to €10,938
- Other operating charges -€2,708
down €2,708 (-20.1%), from €13,504 to €10,796
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,743 | €151,294 | -€31,449 | -17.2% |
| Fixed assets | 21/28 | €16,301 | €2,543 | -€13,757 | -84.4% |
| Tangible fixed assets | 22/27 | €16,301 | €2,543 | -€13,757 | -84.4% |
| Plant, machinery and equipment | 23 | €1,927 | €2,543 | +€617 | +32.0% |
| Furniture and vehicles | 24 | €14,374 | €0 | -€14,374 | -100% |
| Current assets | 29/58 | €166,443 | €148,751 | -€17,692 | -10.6% |
| Stocks and contracts in progress | 3 | €81,550 | €119,821 | +€38,271 | +46.9% |
| Stocks | 30/36 | €81,550 | €119,821 | +€38,271 | +46.9% |
| Amounts receivable within one year | 40/41 | €80,121 | €28,930 | -€51,191 | -63.9% |
| Trade receivables | 40 | €70,163 | €28,930 | -€41,233 | -58.8% |
| Other amounts receivable | 41 | €9,958 | - | -€9,958 | |
| Deferred charges and accrued income | 490/1 | €4,772 | - | -€4,772 | |
| Total equity and liabilities | 10/49 | €182,743 | €151,294 | -€31,449 | -17.2% |
| Equity | 10/15 | €24,147 | €2,132 | -€22,016 | -91.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,791 | €20,791 | = | 0.0% |
| Distributable reserves | 133 | €20,791 | €20,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,243 | -€37,259 | -€22,016 | -144% |
| Amounts payable | 17/49 | €158,596 | €149,163 | -€9,433 | -5.9% |
| Amounts payable after more than one year | 17 | €76,335 | €48,356 | -€27,979 | -36.7% |
| Financial debts | 170/4 | €76,335 | €48,356 | -€27,979 | -36.7% |
| Amounts payable within one year | 42/48 | €82,261 | €100,807 | +€18,545 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €20,953 | €16,371 | -€4,583 | -21.9% |
| Financial debts | 43 | €26,376 | €7,709 | -€18,668 | -70.8% |
| Credit institutions | 430/8 | €26,376 | €7,709 | -€18,668 | -70.8% |
| Trade debts | 44 | €13,822 | €18,869 | +€5,048 | +36.5% |
| Suppliers | 440/4 | - | €18,869 | +€18,869 | |
| Bills of exchange payable | 441 | €13,822 | - | -€13,822 | |
| Taxes, remuneration and social security | 45 | €21,110 | €18,483 | -€2,626 | -12.4% |
| Taxes | 450/3 | €21,110 | €18,483 | -€2,626 | -12.4% |
| Other amounts payable | 47/48 | - | €39,375 | +€39,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,053 | €8,562 | -€491 | -5.4% |
| Other operating charges | 640/8 | €13,504 | €10,796 | -€2,708 | -20.1% |
| Non-recurring operating charges | 66A | - | €6,305 | +€6,305 | |
| Gross operating margin | 9900 | €68,195 | €8,308 | -€59,887 | -87.8% |
| Operating profit (loss) | 9901 | €45,638 | -€17,354 | -€62,992 | |
| Financial income | 75/76B | €168 | €142 | -€25 | -15.2% |
| Recurring financial income | 75 | €168 | €142 | -€25 | -15.2% |
| Financial charges | 65/66B | €7,908 | €10,938 | +€3,030 | +38.3% |
| Recurring financial charges | 65 | €7,908 | €10,938 | +€3,030 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €37,898 | -€28,150 | -€66,048 | |
| Income taxes | 67/77 | €17,108 | -€6,134 | -€23,242 | |
| Profit (loss) for the period | 9904 | €20,791 | -€22,016 | -€42,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,791 | -€22,016 | -€42,806 |
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 31 October 2026 via checked.be.