Winetime: what changed
Two fiscal 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.
Winetime
Largest movements
- Stocks and contracts -€158,448
down €158,448 (-15.2%), from €1.0m to €884,080
- Cash +€89,185
up €89,185 (+152.2%), from €58,605 to €147,790
mainly Stocks and contracts (+€158,448) and Net result for the year (+€88,139)
- Tangible fixed assets -€48,110
down €48,110 (-25.3%), from €190,327 to €142,218
of which Furniture and vehicles: -€32,976
- Debts after one year -€76,982
down €76,982 (-35.1%), from €219,314 to €142,332
- Trade debts -€65,647
down €65,647 (-85.5%), from €76,822 to €11,175
- Other debts +€40,027
up €40,027 (+26.1%), from €153,236 to €193,263
- Reserves +€31,531
up €31,531 (+6.4%), from €494,204 to €525,734
of which Distributable reserves: +€31,531
- Short-term financial debts -€24,561
down €24,561 (-7.0%), from €350,000 to €325,439
- Gross operating margin -€93,073
down €93,073 (-14.6%), from €635,483 to €542,410
- Other operating charges -€35,817
down €35,817 (-17.5%), from €204,649 to €168,832
- Financial charges -€11,384
down €11,384 (-24.8%), from €45,930 to €34,546
- Taxes -€10,623
down €10,623 (-22.6%), from €47,061 to €36,437
- Write-downs -€7,582
down €7,582, from €921 to -€6,661
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,528,792 | €1,411,464 | -€117,329 | -7.7% |
| Fixed assets | 21/28 | €240,007 | €181,828 | -€58,179 | -24.2% |
| Intangible fixed assets | 21 | €49,679 | €39,610 | -€10,069 | -20.3% |
| Tangible fixed assets | 22/27 | €190,327 | €142,218 | -€48,110 | -25.3% |
| Plant, machinery and equipment | 23 | €97,889 | €82,756 | -€15,133 | -15.5% |
| Furniture and vehicles | 24 | €92,438 | €59,462 | -€32,976 | -35.7% |
| Current assets | 29/58 | €1,288,785 | €1,229,636 | -€59,150 | -4.6% |
| Stocks and contracts in progress | 3 | €1,042,527 | €884,080 | -€158,448 | -15.2% |
| Stocks | 30/36 | €1,042,527 | €884,080 | -€158,448 | -15.2% |
| Amounts receivable within one year | 40/41 | €187,653 | €197,766 | +€10,113 | +5.4% |
| Trade receivables | 40 | €181,653 | €188,203 | +€6,550 | +3.6% |
| Other amounts receivable | 41 | €6,000 | €9,563 | +€3,563 | +59.4% |
| Cash at bank and in hand | 54/58 | €58,605 | €147,790 | +€89,185 | +152.2% |
| Total equity and liabilities | 10/49 | €1,528,792 | €1,411,464 | -€117,329 | -7.7% |
| Equity | 10/15 | €555,704 | €587,234 | +€31,531 | +5.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €494,204 | €525,734 | +€31,531 | +6.4% |
| Non-distributable reserves | 130/1 | €11,017 | €11,017 | = | 0.0% |
| Legal reserve | 130 | €11,017 | €11,017 | = | 0.0% |
| Distributable reserves | 133 | €483,187 | €514,718 | +€31,531 | +6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €973,089 | €824,229 | -€148,859 | -15.3% |
| Amounts payable after more than one year | 17 | €219,314 | €142,332 | -€76,982 | -35.1% |
| Financial debts | 170/4 | €219,314 | €142,332 | -€76,982 | -35.1% |
| Amounts payable within one year | 42/48 | €725,609 | €664,172 | -€61,438 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €76,959 | €76,982 | +€23 | 0.0% |
| Financial debts | 43 | €350,000 | €325,439 | -€24,561 | -7.0% |
| Credit institutions | 430/8 | €350,000 | €325,439 | -€24,561 | -7.0% |
| Trade debts | 44 | €76,822 | €11,175 | -€65,647 | -85.5% |
| Suppliers | 440/4 | €76,822 | €11,175 | -€65,647 | -85.5% |
| Taxes, remuneration and social security | 45 | €68,592 | €57,313 | -€11,280 | -16.4% |
| Taxes | 450/3 | €39,210 | €27,997 | -€11,214 | -28.6% |
| Remuneration and social security | 454/9 | €29,382 | €29,316 | -€66 | -0.2% |
| Other amounts payable | 47/48 | €153,236 | €193,263 | +€40,027 | +26.1% |
| Accrued charges and deferred income | 492/3 | €28,166 | €17,726 | -€10,440 | -37.1% |
| Remuneration, social security and pensions | 62 | €160,987 | €162,175 | +€1,188 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,228 | €59,393 | -€3,835 | -6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €921 | -€6,661 | -€7,582 | |
| Other operating charges | 640/8 | €204,649 | €168,832 | -€35,817 | -17.5% |
| Gross operating margin | 9900 | €635,483 | €542,410 | -€93,073 | -14.6% |
| Operating profit (loss) | 9901 | €205,698 | €158,671 | -€47,027 | -22.9% |
| Financial income | 75/76B | €577 | €453 | -€125 | -21.6% |
| Recurring financial income | 75 | €577 | €453 | -€125 | -21.6% |
| Financial charges | 65/66B | €45,930 | €34,546 | -€11,384 | -24.8% |
| Recurring financial charges | 65 | €45,930 | €34,546 | -€11,384 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €160,345 | €124,577 | -€35,768 | -22.3% |
| Income taxes | 67/77 | €47,061 | €36,437 | -€10,623 | -22.6% |
| Profit (loss) for the period | 9904 | €113,284 | €88,139 | -€25,145 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,284 | €88,139 | -€25,145 | -22.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.