GRAPE FARM: what changed
Two fiscal 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.
GRAPE FARM
Largest movements
- Cash -€791,196
down €791,196 (-74.6%), from €1.1m to €268,775
mainly Stocks and contracts (-€592,361) and Receivables after one year (-€326,031)
- Stocks and contracts +€592,361
up €592,361 (+220.0%), from €269,206 to €861,567
- Receivables after one year +€326,031
up €326,031 (+45.0%), from €723,969 to €1.1m
- Deferred charges and accrued income +€69,361
up €69,361 (+5001.6%), from €1,387 to €70,747
- Tangible fixed assets -€33,528
down €33,528 (-3.5%), from €964,755 to €931,227
of which Land and buildings: -€25,111
- Short-term financial debts +€202,000
new in 2025: €202,000
- Depreciation -€127,153
down €127,153 (-83.5%), from €152,264 to €25,111
- Gross operating margin +€85,977
up €85,977, from -€61,461 to €24,515
- Financial income +€22,811
up €22,811 (+95.2%), from €23,969 to €46,779
- Financial charges +€4,273
up €4,273 (+26.3%), from €16,271 to €20,544
- Other operating charges +€3,729
up €3,729 (+35.9%), from €10,399 to €14,127
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.
Cash bridge derived
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 | €3,021,287 | €3,189,316 | +€168,029 | +5.6% |
| Fixed assets | 21/28 | €966,755 | €933,227 | -€33,528 | -3.5% |
| Tangible fixed assets | 22/27 | €964,755 | €931,227 | -€33,528 | -3.5% |
| Land and buildings | 22 | €956,338 | €931,227 | -€25,111 | -2.6% |
| Furniture and vehicles | 24 | €8,416 | - | -€8,416 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €2,054,532 | €2,256,089 | +€201,557 | +9.8% |
| Amounts receivable after more than one year | 29 | €723,969 | €1,050,000 | +€326,031 | +45.0% |
| Other amounts receivable | 291 | €723,969 | €1,050,000 | +€326,031 | +45.0% |
| Stocks and contracts in progress | 3 | €269,206 | €861,567 | +€592,361 | +220.0% |
| Stocks | 30/36 | €269,206 | €861,567 | +€592,361 | +220.0% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €1,059,971 | €268,775 | -€791,196 | -74.6% |
| Deferred charges and accrued income | 490/1 | €1,387 | €70,747 | +€69,361 | +5001.6% |
| Total equity and liabilities | 10/49 | €3,021,287 | €3,189,316 | +€168,029 | +5.6% |
| Equity | 10/15 | €2,489,973 | €2,495,969 | +€5,996 | +0.2% |
| Contributions | 10/11 | €2,778,400 | €2,778,400 | = | 0.0% |
| Reserves | 13 | €20 | €20 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,448 | -€282,452 | +€5,996 | +2.1% |
| Amounts payable | 17/49 | €531,314 | €693,348 | +€162,034 | +30.5% |
| Amounts payable after more than one year | 17 | €458,067 | €431,532 | -€26,535 | -5.8% |
| Financial debts | 170/4 | €458,067 | €431,532 | -€26,535 | -5.8% |
| Amounts payable within one year | 42/48 | €73,062 | €261,651 | +€188,589 | +258.1% |
| Current portion of amounts payable after more than one year | 42 | €25,495 | €26,535 | +€1,040 | +4.1% |
| Financial debts | 43 | - | €202,000 | +€202,000 | |
| Credit institutions | 430/8 | - | €202,000 | +€202,000 | |
| Trade debts | 44 | €25,966 | €13,647 | -€12,319 | -47.4% |
| Suppliers | 440/4 | €25,966 | €13,647 | -€12,319 | -47.4% |
| Other amounts payable | 47/48 | €21,601 | €19,469 | -€2,132 | -9.9% |
| Accrued charges and deferred income | 492/3 | €186 | €165 | -€21 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,264 | €25,111 | -€127,153 | -83.5% |
| Other operating charges | 640/8 | €10,399 | €14,127 | +€3,729 | +35.9% |
| Non-recurring operating charges | 66A | - | €5,516 | +€5,516 | |
| Gross operating margin | 9900 | -€61,461 | €24,515 | +€85,977 | |
| Operating profit (loss) | 9901 | -€224,124 | -€20,239 | +€203,885 | +91.0% |
| Financial income | 75/76B | €23,969 | €46,779 | +€22,811 | +95.2% |
| Recurring financial income | 75 | €23,969 | €46,779 | +€22,811 | +95.2% |
| Financial charges | 65/66B | €16,271 | €20,544 | +€4,273 | +26.3% |
| Recurring financial charges | 65 | €16,271 | €20,544 | +€4,273 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | -€216,426 | €5,996 | +€222,422 | |
| Profit (loss) for the period | 9904 | -€216,426 | €5,996 | +€222,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€216,426 | €5,996 | +€222,422 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.