GRAPEVINE BELGIUM: 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.
GRAPEVINE BELGIUM
Largest movements
- Receivables within one year -€40,487
down €40,487 (-14.5%), from €279,546 to €239,060
of which Other amounts receivable: -€32,478
- Cash +€29,559
up €29,559 (+18.2%), from €162,036 to €191,595
mainly Other debts (+€213,746) and Receivables within one year (+€40,487)
- Other debts +€213,746
up €213,746 (+11.6%), from €1.9m to €2.1m
- Profit (loss) carried forward -€177,325
down €177,325 (-8.2%), from -€2.2m to -€2.3m
- Trade debts -€45,595
down €45,595 (-17.3%), from €263,523 to €217,927
- Gross operating margin +€212,688
up €212,688, from -€124,130 to €88,558
- Financial charges -€32,295
down €32,295 (-96.8%), from €33,379 to €1,084
- Staff costs -€29,570
down €29,570 (-10.2%), from €290,177 to €260,606
- Taxes -€1,657
down €1,657 (-84.5%), from €1,962 to €305
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 | €443,413 | €432,627 | -€10,786 | -2.4% |
| Fixed assets | 21/28 | €1,831 | €1,831 | = | 0.0% |
| Financial fixed assets | 28 | €1,831 | €1,831 | = | 0.0% |
| Current assets | 29/58 | €441,582 | €430,796 | -€10,786 | -2.4% |
| Amounts receivable within one year | 40/41 | €279,546 | €239,060 | -€40,487 | -14.5% |
| Trade receivables | 40 | €204,706 | €196,697 | -€8,009 | -3.9% |
| Other amounts receivable | 41 | €74,840 | €42,362 | -€32,478 | -43.4% |
| Cash at bank and in hand | 54/58 | €162,036 | €191,595 | +€29,559 | +18.2% |
| Deferred charges and accrued income | 490/1 | €0 | €141 | +€141 | |
| Total equity and liabilities | 10/49 | €443,413 | €432,627 | -€10,786 | -2.4% |
| Equity | 10/15 | -€1,704,202 | -€1,881,526 | -€177,325 | -10.4% |
| Contributions | 10/11 | €450,767 | €450,767 | = | 0.0% |
| Reserves | 13 | €1,222 | €1,222 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,222 | €1,222 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,222 | €1,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,156,192 | -€2,333,516 | -€177,325 | -8.2% |
| Amounts payable | 17/49 | €2,147,615 | €2,314,153 | +€166,538 | +7.8% |
| Amounts payable within one year | 42/48 | €2,147,615 | €2,314,153 | +€166,538 | +7.8% |
| Trade debts | 44 | €263,523 | €217,927 | -€45,595 | -17.3% |
| Suppliers | 440/4 | €263,523 | €217,927 | -€45,595 | -17.3% |
| Taxes, remuneration and social security | 45 | €33,702 | €32,089 | -€1,613 | -4.8% |
| Taxes | 450/3 | €3,089 | €305 | -€2,784 | -90.1% |
| Remuneration and social security | 454/9 | €30,613 | €31,784 | +€1,171 | +3.8% |
| Other amounts payable | 47/48 | €1,850,391 | €2,064,137 | +€213,746 | +11.6% |
| Remuneration, social security and pensions | 62 | €290,177 | €260,606 | -€29,570 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €25 | +€25 | |
| Other operating charges | 640/8 | €1,679 | €1,111 | -€567 | -33.8% |
| Non-recurring operating charges | 66A | €0 | €2,844 | +€2,844 | |
| Gross operating margin | 9900 | -€124,130 | €88,558 | +€212,688 | |
| Operating profit (loss) | 9901 | -€415,985 | -€176,028 | +€239,957 | +57.7% |
| Financial income | 75/76B | €0 | €92 | +€92 | +458,650% |
| Recurring financial income | 75 | €0 | €92 | +€92 | +458,650% |
| Financial charges | 65/66B | €33,379 | €1,084 | -€32,295 | -96.8% |
| Recurring financial charges | 65 | €33,379 | €1,084 | -€32,295 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | -€449,364 | -€177,020 | +€272,344 | +60.6% |
| Income taxes | 67/77 | €1,962 | €305 | -€1,657 | -84.5% |
| Profit (loss) for the period | 9904 | -€451,326 | -€177,325 | +€274,002 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€451,326 | -€177,325 | +€274,002 | +60.7% |
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 30 October 2026 via checked.be.