WINEXPERIENCE: 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.
What changed
WINEXPERIENCE
NACE 46.349, Wholesale of beverages, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€122,705
2024 · €443,828-€321,123
Equity
€1.9m
2024 · €1.8m+€122,705
Cash
€287
2024 · €15,257-€14,969
Balance sheet total
€2.2m
2024 · €2.1m+€128,313
Largest movements
Assets
- Receivables after one year +€180,000
up €180,000 (+13.6%), from €1.3m to €1.5m
Equity and liabilities
- Reserves +€122,705
up €122,705 (+7.1%), from €1.7m to €1.8m
of which Distributable reserves: +€1.8m
- Tax, wage and social debts -€102,487
down €102,487 (-61.5%), from €166,552 to €64,065
- Current portion of long-term debt +€100,263
up €100,263 (+951%), from €10,543 to €110,805
Income statement
- Gross operating margin -€476,453
down €476,453 (-72.7%), from €655,036 to €178,582
- Taxes -€160,370
down €160,370 (-70.6%), from €227,164 to €66,793
- Financial charges -€7,090
down €7,090 (-55.5%), from €12,772 to €5,683
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.
Result 2024
€443,828
Gross operating margin
-€476,453
Depreciation
-€5,090
Other operating charges
+€1,725
Other operating items
-€4,614
Financial income
-€4,151
Financial charges
+€7,090
Taxes
+€160,370
Result 2025
€122,705
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€104,600
Investment
-€7,266
Financing
+€96,896
Cash 2024
€15,257
From operations (derived)
-€104,600
Net result for the year
+€122,705
Depreciation
+€24,190
Receivables after one year
-€180,000
Receivables within one year
+€8,787
Deferred charges and accrued income
+€11,006
Trade debts
+€12,477
Tax, wage and social debts
-€102,487
Accrued charges and deferred income
-€1,278
Investment (derived)
-€7,266
Investment in fixed assets (net)
-€7,266
Financing
+€96,896
Debts after one year
-€10,805
Current portion of long-term debt
+€100,263
Short-term financial debts
+€7,439
Cash 2025
€287
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,091,946 | €2,220,259 | +€128,313 | +6.1% |
| Fixed assets | 21/28 | €88,089 | €71,164 | -€16,924 | -19.2% |
| Tangible fixed assets | 22/27 | €88,089 | €71,164 | -€16,924 | -19.2% |
| Furniture and vehicles | 24 | €88,089 | €71,164 | -€16,924 | -19.2% |
| Current assets | 29/58 | €2,003,857 | €2,149,094 | +€145,237 | +7.2% |
| Amounts receivable after more than one year | 29 | €1,327,000 | €1,507,000 | +€180,000 | +13.6% |
| Other amounts receivable | 291 | €1,327,000 | €1,507,000 | +€180,000 | +13.6% |
| Amounts receivable within one year | 40/41 | €595,831 | €587,044 | -€8,787 | -1.5% |
| Trade receivables | 40 | €1,104 | €66,159 | +€65,055 | +5,892% |
| Other amounts receivable | 41 | €594,727 | €520,885 | -€73,842 | -12.4% |
| Cash at bank and in hand | 54/58 | €15,257 | €287 | -€14,969 | -98.1% |
| Deferred charges and accrued income | 490/1 | €65,770 | €54,764 | -€11,006 | -16.7% |
| Total equity and liabilities | 10/49 | €2,091,946 | €2,220,259 | +€128,313 | +6.1% |
| Equity | 10/15 | €1,759,851 | €1,882,555 | +€122,705 | +7.0% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €1,721,677 | €1,844,382 | +€122,705 | +7.1% |
| Non-distributable reserves | 130/1 | €1,682,151 | - | -€1.7m | |
| Other | 1319 | €1,682,151 | - | -€1.7m | |
| Tax-exempt reserves | 132 | €27,601 | €27,601 | = | 0.0% |
| Distributable reserves | 133 | €11,925 | €1,816,781 | +€1.8m | +15,135% |
| Profit (loss) carried forward | 14 | €173 | €173 | = | 0.0% |
| Amounts payable | 17/49 | €332,095 | €337,703 | +€5,608 | +1.7% |
| Amounts payable after more than one year | 17 | €27,519 | €16,714 | -€10,805 | -39.3% |
| Financial debts | 170/4 | €27,519 | €16,714 | -€10,805 | -39.3% |
| Amounts payable within one year | 42/48 | €303,298 | €320,989 | +€17,691 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €10,543 | €110,805 | +€100,263 | +951% |
| Financial debts | 43 | €85,000 | €92,439 | +€7,439 | +8.8% |
| Credit institutions | 430/8 | €85,000 | €92,439 | +€7,439 | +8.8% |
| Trade debts | 44 | €41,204 | €53,681 | +€12,477 | +30.3% |
| Suppliers | 440/4 | €41,204 | €53,681 | +€12,477 | +30.3% |
| Taxes, remuneration and social security | 45 | €166,552 | €64,065 | -€102,487 | -61.5% |
| Taxes | 450/3 | €166,552 | €64,065 | -€102,487 | -61.5% |
| Other amounts payable | 47/48 | €0 | €0 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,278 | €0 | -€1,278 | -100% |
| Non-recurring operating income | 76A | €416,679 | €0 | -€416,679 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,101 | €24,190 | +€5,090 | +26.6% |
| Other operating charges | 640/8 | €2,676 | €951 | -€1,725 | -64.5% |
| Non-recurring operating charges | 66A | €4,593 | €9,207 | +€4,614 | +100% |
| Gross operating margin | 9900 | €655,036 | €178,582 | -€476,453 | -72.7% |
| Operating profit (loss) | 9901 | €628,666 | €144,233 | -€484,433 | -77.1% |
| Financial income | 75/76B | €55,098 | €50,947 | -€4,151 | -7.5% |
| Recurring financial income | 75 | €55,098 | €50,947 | -€4,151 | -7.5% |
| Financial charges | 65/66B | €12,772 | €5,683 | -€7,090 | -55.5% |
| Recurring financial charges | 65 | €12,772 | €5,683 | -€7,090 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €670,992 | €189,498 | -€481,494 | -71.8% |
| Income taxes | 67/77 | €227,164 | €66,793 | -€160,370 | -70.6% |
| Profit (loss) for the period | 9904 | €443,828 | €122,705 | -€321,123 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €443,828 | €122,705 | -€321,123 | -72.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.