APPIA VINI: 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.
APPIA VINI
Largest movements
- Stocks and contracts +€4,042
up €4,042 (+68.6%), from €5,895 to €9,936
- Cash -€2,151
down €2,151 (-28.7%), from €7,492 to €5,341
mainly Stocks and contracts (-€4,042) and Tax, wage and social debts (-€522)
- Receivables within one year +€318
up €318 (+18.2%), from €1,750 to €2,068
- Tangible fixed assets -€248
down €248 (-34.3%), from €723 to €475
- Profit (loss) carried forward +€2,096
up €2,096 (+25.4%), from -€8,254 to -€6,158
- Other debts +€720
up €720 (+6.4%), from €11,246 to €11,966
- Tax, wage and social debts -€522
down €522 (-17.3%), from €3,019 to €2,497
- Trade debts -€333
down €333 (-60.4%), from €552 to €219
- Gross operating margin -€5,240
down €5,240 (-54.0%), from €9,708 to €4,469
- Other operating charges -€1,471
down €1,471 (-42.3%), from €3,480 to €2,009
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
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 | €16,578 | €18,538 | +€1,961 | +11.8% |
| Fixed assets | 21/28 | €1,223 | €975 | -€248 | -20.3% |
| Tangible fixed assets | 22/27 | €723 | €475 | -€248 | -34.3% |
| Furniture and vehicles | 24 | €723 | €475 | -€248 | -34.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €15,355 | €17,564 | +€2,209 | +14.4% |
| Stocks and contracts in progress | 3 | €5,895 | €9,936 | +€4,042 | +68.6% |
| Stocks | 30/36 | €5,895 | €9,936 | +€4,042 | +68.6% |
| Amounts receivable within one year | 40/41 | €1,750 | €2,068 | +€318 | +18.2% |
| Trade receivables | 40 | €1,750 | €2,068 | +€318 | +18.2% |
| Cash at bank and in hand | 54/58 | €7,492 | €5,341 | -€2,151 | -28.7% |
| Deferred charges and accrued income | 490/1 | €219 | €219 | = | 0.0% |
| Total equity and liabilities | 10/49 | €16,578 | €18,538 | +€1,961 | +11.8% |
| Equity | 10/15 | €1,761 | €3,858 | +€2,096 | +119% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €15 | €15 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15 | €15 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15 | €15 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,254 | -€6,158 | +€2,096 | +25.4% |
| Amounts payable | 17/49 | €14,816 | €14,681 | -€136 | -0.9% |
| Amounts payable within one year | 42/48 | €14,816 | €14,681 | -€136 | -0.9% |
| Trade debts | 44 | €552 | €219 | -€333 | -60.4% |
| Suppliers | 440/4 | €552 | €219 | -€333 | -60.4% |
| Taxes, remuneration and social security | 45 | €3,019 | €2,497 | -€522 | -17.3% |
| Taxes | 450/3 | €3,019 | €2,497 | -€522 | -17.3% |
| Other amounts payable | 47/48 | €11,246 | €11,966 | +€720 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €248 | = | 0.0% |
| Other operating charges | 640/8 | €3,480 | €2,009 | -€1,471 | -42.3% |
| Gross operating margin | 9900 | €9,708 | €4,469 | -€5,240 | -54.0% |
| Operating profit (loss) | 9901 | €5,981 | €2,212 | -€3,769 | -63.0% |
| Financial income | 75/76B | €41 | €3 | -€38 | -92.4% |
| Recurring financial income | 75 | €41 | €3 | -€38 | -92.4% |
| Financial charges | 65/66B | €137 | €119 | -€18 | -13.4% |
| Recurring financial charges | 65 | €137 | €119 | -€18 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €5,885 | €2,096 | -€3,789 | -64.4% |
| Profit (loss) for the period | 9904 | €5,885 | €2,096 | -€3,789 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,885 | €2,096 | -€3,789 | -64.4% |
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 24 October 2026 via checked.be.