DE VINOTHEEK: 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.
DE VINOTHEEK
Largest movements
- Stocks and contracts +€58,307
up €58,307 (+11.9%), from €491,822 to €550,129
- Receivables within one year +€47,745
up €47,745 (+15.8%), from €301,595 to €349,340
of which Other amounts receivable: +€39,265
- Deferred charges and accrued income +€34,060
up €34,060 (+608%), from €5,600 to €39,660
- Tangible fixed assets -€19,332
down €19,332 (-4.5%), from €430,613 to €411,281
of which Land and buildings: -€34,973
- Cash -€14,725
down €14,725 (-37.0%), from €39,787 to €25,062
mainly Stocks and contracts (-€58,307) and Short-term financial debts (-€50,000)
- Other debts +€99,386
up €99,386 (+402%), from €24,714 to €124,100
- Short-term financial debts -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
of which Other loans: -€50,000
- Trade debts -€32,485
down €32,485 (-12.4%), from €262,929 to €230,444
- Debts after one year +€31,826
up €31,826 (+7.8%), from €407,255 to €439,081
- Profit (loss) carried forward +€25,377
up €25,377, from -€1,452 to €23,925
- Gross operating margin +€134,340
up €134,340 (+97.1%), from €138,326 to €272,665
- Financial charges +€17,921
up €17,921 (+67.3%), from €26,631 to €44,552
- Depreciation +€14,538
up €14,538 (+29.1%), from €50,037 to €64,576
- Financial income -€10,916
down €10,916 (-69.8%), from €15,648 to €4,732
- Staff costs +€6,002
up €6,002 (+4.8%), from €124,325 to €130,327
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 | €1,309,417 | €1,405,472 | +€96,055 | +7.3% |
| Formation expenses | 20 | €40,000 | €30,000 | -€10,000 | -25.0% |
| Fixed assets | 21/28 | €430,613 | €411,281 | -€19,332 | -4.5% |
| Tangible fixed assets | 22/27 | €430,613 | €411,281 | -€19,332 | -4.5% |
| Land and buildings | 22 | €362,392 | €327,420 | -€34,973 | -9.7% |
| Plant, machinery and equipment | 23 | €13,912 | €18,116 | +€4,204 | +30.2% |
| Furniture and vehicles | 24 | €54,309 | €65,745 | +€11,436 | +21.1% |
| Current assets | 29/58 | €838,804 | €964,191 | +€125,387 | +14.9% |
| Stocks and contracts in progress | 3 | €491,822 | €550,129 | +€58,307 | +11.9% |
| Stocks | 30/36 | €491,822 | €550,129 | +€58,307 | +11.9% |
| Amounts receivable within one year | 40/41 | €301,595 | €349,340 | +€47,745 | +15.8% |
| Trade receivables | 40 | €94,859 | €103,340 | +€8,481 | +8.9% |
| Other amounts receivable | 41 | €206,736 | €246,000 | +€39,265 | +19.0% |
| Cash at bank and in hand | 54/58 | €39,787 | €25,062 | -€14,725 | -37.0% |
| Deferred charges and accrued income | 490/1 | €5,600 | €39,660 | +€34,060 | +608% |
| Total equity and liabilities | 10/49 | €1,309,417 | €1,405,472 | +€96,055 | +7.3% |
| Equity | 10/15 | €274,358 | €299,735 | +€25,377 | +9.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €244,809 | €244,809 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €244,809 | €244,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,452 | €23,925 | +€25,377 | |
| Amounts payable | 17/49 | €1,035,060 | €1,105,737 | +€70,678 | +6.8% |
| Amounts payable after more than one year | 17 | €407,255 | €439,081 | +€31,826 | +7.8% |
| Financial debts | 170/4 | €407,255 | €439,081 | +€31,826 | +7.8% |
| Amounts payable within one year | 42/48 | €627,356 | €653,916 | +€26,560 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €46,775 | €65,923 | +€19,148 | +40.9% |
| Financial debts | 43 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €262,929 | €230,444 | -€32,485 | -12.4% |
| Suppliers | 440/4 | €262,929 | €230,444 | -€32,485 | -12.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €42,939 | €33,450 | -€9,489 | -22.1% |
| Taxes | 450/3 | €18,491 | €14,640 | -€3,851 | -20.8% |
| Remuneration and social security | 454/9 | €24,448 | €18,810 | -€5,638 | -23.1% |
| Other amounts payable | 47/48 | €24,714 | €124,100 | +€99,386 | +402% |
| Accrued charges and deferred income | 492/3 | €449 | €12,741 | +€12,292 | +2,741% |
| Non-recurring operating income | 76A | - | €3,250 | +€3,250 | |
| Remuneration, social security and pensions | 62 | €124,325 | €130,327 | +€6,002 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,037 | €64,576 | +€14,538 | +29.1% |
| Other operating charges | 640/8 | €9,730 | €7,307 | -€2,423 | -24.9% |
| Non-recurring operating charges | 66A | - | €1,587 | +€1,587 | |
| Gross operating margin | 9900 | €138,326 | €272,665 | +€134,340 | +97.1% |
| Operating profit (loss) | 9901 | -€45,767 | €68,869 | +€114,636 | |
| Financial income | 75/76B | €15,648 | €4,732 | -€10,916 | -69.8% |
| Recurring financial income | 75 | €15,648 | €4,732 | -€10,916 | -69.8% |
| Financial charges | 65/66B | €26,631 | €44,552 | +€17,921 | +67.3% |
| Recurring financial charges | 65 | €26,631 | €44,552 | +€17,921 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | -€56,750 | €29,048 | +€85,798 | |
| Income taxes | 67/77 | €89 | €3,671 | +€3,583 | +4,035% |
| Profit (loss) for the period | 9904 | -€56,839 | €25,377 | +€82,216 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,839 | €25,377 | +€82,216 |
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 24 October 2026 via checked.be.