CityVini: 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.
CityVini
Largest movements
- Stocks and contracts -€71,443
down €71,443 (-26.1%), from €273,303 to €201,860
- Tangible fixed assets -€30,415
down €30,415 (-25.0%), from €121,480 to €91,066
of which Plant, machinery and equipment: -€26,241
- Formation expenses -€18,348
down €18,348 (-68.4%), from €26,810 to €8,462
- Cash +€13,099
up €13,099 (+45.3%), from €28,903 to €42,001
mainly Stocks and contracts (+€71,443) and Depreciation (+€49,842)
- Profit (loss) carried forward -€51,584
down €51,584 (-4.3%), from -€1.2m to -€1.2m
- Debts after one year -€51,186
down €51,186 (-8.5%), from €604,516 to €553,330
of which Other amounts payable: -€475,000
- Trade debts -€15,750
down €15,750 (-22.0%), from €71,676 to €55,926
- Tax, wage and social debts +€10,316
up €10,316 (+65.2%), from €15,818 to €26,134
of which Taxes: +€10,316
- Investment grants -€6,507
down €6,507 (-22.2%), from €29,280 to €22,773
- Gross operating margin +€69,411
up €69,411, from -€50,870 to €18,541
- Depreciation -€58,696
down €58,696 (-54.1%), from €108,538 to €49,842
- Staff costs -€10,745
no longer reported in 2025 (was €10,745)
- Financial charges +€1,435
up €1,435 (+5.9%), from €24,432 to €25,867
- Financial income -€1,410
down €1,410 (-17.5%), from €8,041 to €6,631
of which Financial income: -€1,111
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 | €526,405 | €416,367 | -€110,038 | -20.9% |
| Formation expenses | 20 | €26,810 | €8,462 | -€18,348 | -68.4% |
| Fixed assets | 21/28 | €136,796 | €105,097 | -€31,699 | -23.2% |
| Intangible fixed assets | 21 | €1,284 | €0 | -€1,284 | -100% |
| Tangible fixed assets | 22/27 | €121,480 | €91,066 | -€30,415 | -25.0% |
| Plant, machinery and equipment | 23 | €114,090 | €87,849 | -€26,241 | -23.0% |
| Furniture and vehicles | 24 | €3,035 | €2,450 | -€585 | -19.3% |
| Leasing and similar rights | 25 | €4,356 | €767 | -€3,589 | -82.4% |
| Financial fixed assets | 28 | €14,031 | €14,031 | = | 0.0% |
| Current assets | 29/58 | €362,799 | €302,808 | -€59,991 | -16.5% |
| Stocks and contracts in progress | 3 | €273,303 | €201,860 | -€71,443 | -26.1% |
| Stocks | 30/36 | €273,303 | €201,860 | -€71,443 | -26.1% |
| Amounts receivable within one year | 40/41 | €60,056 | €57,523 | -€2,533 | -4.2% |
| Trade receivables | 40 | €59,877 | €57,523 | -€2,354 | -3.9% |
| Other amounts receivable | 41 | €179 | €0 | -€179 | -100% |
| Cash at bank and in hand | 54/58 | €28,903 | €42,001 | +€13,099 | +45.3% |
| Deferred charges and accrued income | 490/1 | €538 | €1,423 | +€885 | +165% |
| Total equity and liabilities | 10/49 | €526,405 | €416,367 | -€110,038 | -20.9% |
| Equity | 10/15 | -€281,535 | -€339,626 | -€58,091 | -20.6% |
| Contributions | 10/11 | €876,000 | €876,000 | = | 0.0% |
| Capital | 10 | €876,000 | €876,000 | = | 0.0% |
| Issued capital | 100 | €876,000 | €876,000 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Legal reserve | 130 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,186,965 | -€1,238,549 | -€51,584 | -4.3% |
| Investment grants | 15 | €29,280 | €22,773 | -€6,507 | -22.2% |
| Amounts payable | 17/49 | €807,940 | €755,993 | -€51,947 | -6.4% |
| Amounts payable after more than one year | 17 | €604,516 | €553,330 | -€51,186 | -8.5% |
| Financial debts | 170/4 | €129,516 | €553,330 | +€423,814 | +327% |
| Other amounts payable | 178/9 | €475,000 | €0 | -€475,000 | -100% |
| Amounts payable within one year | 42/48 | €173,024 | €175,293 | +€2,269 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €49,957 | €51,186 | +€1,230 | +2.5% |
| Trade debts | 44 | €71,676 | €55,926 | -€15,750 | -22.0% |
| Suppliers | 440/4 | €71,676 | €55,926 | -€15,750 | -22.0% |
| Advances received on contracts in progress | 46 | €0 | €365 | +€365 | |
| Taxes, remuneration and social security | 45 | €15,818 | €26,134 | +€10,316 | +65.2% |
| Taxes | 450/3 | €15,818 | €26,134 | +€10,316 | +65.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €35,574 | €41,682 | +€6,108 | +17.2% |
| Accrued charges and deferred income | 492/3 | €30,400 | €27,370 | -€3,030 | -10.0% |
| Remuneration, social security and pensions | 62 | €10,745 | - | -€10,745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,538 | €49,842 | -€58,696 | -54.1% |
| Other operating charges | 640/8 | €833 | €1,047 | +€215 | +25.8% |
| Non-recurring operating charges | 66A | €35 | - | -€35 | |
| Gross operating margin | 9900 | -€50,870 | €18,541 | +€69,411 | |
| Operating profit (loss) | 9901 | -€171,021 | -€32,349 | +€138,672 | +81.1% |
| Financial income | 75/76B | €8,041 | €6,631 | -€1,410 | -17.5% |
| Recurring financial income | 75 | €7,742 | €6,631 | -€1,111 | -14.3% |
| Non-recurring financial income | 76B | €299 | - | -€299 | |
| Financial charges | 65/66B | €24,432 | €25,867 | +€1,435 | +5.9% |
| Recurring financial charges | 65 | €24,432 | €25,867 | +€1,435 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€187,412 | -€51,584 | +€135,828 | +72.5% |
| Profit (loss) for the period | 9904 | -€187,412 | -€51,584 | +€135,828 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,412 | -€51,584 | +€135,828 | +72.5% |
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 25 October 2026 via checked.be.