B.L. VINS: 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.
B.L. VINS
Largest movements
- Tangible fixed assets -€27,796
down €27,796 (-6.1%), from €454,116 to €426,320
of which Land and buildings: -€17,592
- Receivables within one year -€25,784
down €25,784 (-29.5%), from €87,264 to €61,481
of which Trade receivables: -€14,997
- Cash +€15,626
up €15,626 (+31.1%), from €50,233 to €65,860
mainly Depreciation (+€32,777) and Receivables within one year (+€25,784)
- Debts after one year -€54,641
down €54,641 (-9.3%), from €585,686 to €531,046
- Other debts +€22,240
up €22,240 (+9.7%), from €229,052 to €251,292
- Staff costs -€3,872
down €3,872 (-4.7%), from €83,222 to €79,350
- Depreciation -€2,298
down €2,298 (-6.6%), from €35,075 to €32,777
- Other operating charges -€2,205
down €2,205 (-14.0%), from €15,758 to €13,552
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 | €1,281,600 | €1,247,742 | -€33,858 | -2.6% |
| Fixed assets | 21/28 | €455,588 | €427,672 | -€27,916 | -6.1% |
| Intangible fixed assets | 21 | €1,127 | €1,007 | -€120 | -10.6% |
| Tangible fixed assets | 22/27 | €454,116 | €426,320 | -€27,796 | -6.1% |
| Land and buildings | 22 | €418,897 | €401,305 | -€17,592 | -4.2% |
| Plant, machinery and equipment | 23 | - | €2,151 | +€2,151 | |
| Furniture and vehicles | 24 | €35,220 | €22,864 | -€12,356 | -35.1% |
| Financial fixed assets | 28 | €345 | €345 | = | 0.0% |
| Current assets | 29/58 | €826,012 | €820,070 | -€5,941 | -0.7% |
| Stocks and contracts in progress | 3 | €682,289 | €685,805 | +€3,516 | +0.5% |
| Stocks | 30/36 | €682,289 | €685,805 | +€3,516 | +0.5% |
| Amounts receivable within one year | 40/41 | €87,264 | €61,481 | -€25,784 | -29.5% |
| Trade receivables | 40 | €65,007 | €50,010 | -€14,997 | -23.1% |
| Other amounts receivable | 41 | €22,257 | €11,470 | -€10,787 | -48.5% |
| Cash at bank and in hand | 54/58 | €50,233 | €65,860 | +€15,626 | +31.1% |
| Deferred charges and accrued income | 490/1 | €6,225 | €6,925 | +€701 | +11.3% |
| Total equity and liabilities | 10/49 | €1,281,600 | €1,247,742 | -€33,858 | -2.6% |
| Equity | 10/15 | €348,454 | €350,766 | +€2,312 | +0.7% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €96,340 | €96,340 | = | 0.0% |
| Distributable reserves | 133 | €96,340 | €96,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,114 | €209,426 | +€2,312 | +1.1% |
| Amounts payable | 17/49 | €933,146 | €896,976 | -€36,170 | -3.9% |
| Amounts payable after more than one year | 17 | €585,686 | €531,046 | -€54,641 | -9.3% |
| Financial debts | 170/4 | €585,686 | €531,046 | -€54,641 | -9.3% |
| Amounts payable within one year | 42/48 | €347,459 | €365,930 | +€18,471 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €58,578 | €52,312 | -€6,266 | -10.7% |
| Trade debts | 44 | €19,861 | €14,649 | -€5,212 | -26.2% |
| Suppliers | 440/4 | €19,861 | €14,649 | -€5,212 | -26.2% |
| Taxes, remuneration and social security | 45 | €39,969 | €47,677 | +€7,708 | +19.3% |
| Taxes | 450/3 | €24,050 | €31,822 | +€7,772 | +32.3% |
| Remuneration and social security | 454/9 | €15,919 | €15,855 | -€64 | -0.4% |
| Other amounts payable | 47/48 | €229,052 | €251,292 | +€22,240 | +9.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €189 | €0 | -€189 | -100% |
| Remuneration, social security and pensions | 62 | €83,222 | €79,350 | -€3,872 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,075 | €32,777 | -€2,298 | -6.6% |
| Other operating charges | 640/8 | €15,758 | €13,552 | -€2,205 | -14.0% |
| Non-recurring operating charges | 66A | €55 | €0 | -€55 | -100% |
| Gross operating margin | 9900 | €168,108 | €168,865 | +€757 | +0.5% |
| Operating profit (loss) | 9901 | €33,999 | €43,186 | +€9,187 | +27.0% |
| Financial income | 75/76B | €51 | €0 | -€51 | -100% |
| Recurring financial income | 75 | €51 | €0 | -€51 | -100% |
| Financial charges | 65/66B | €40,302 | €39,844 | -€458 | -1.1% |
| Recurring financial charges | 65 | €40,302 | €39,844 | -€458 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,252 | €3,342 | +€9,594 | |
| Income taxes | 67/77 | €243 | €1,030 | +€787 | +324% |
| Profit (loss) for the period | 9904 | -€6,495 | €2,312 | +€8,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,495 | €2,312 | +€8,807 |
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 20 October 2026 via checked.be.