IL VITICOLO: 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.
IL VITICOLO
Largest movements
- Cash +€60,481
up €60,481 (+152%), from €39,847 to €100,328
mainly Depreciation (+€105,119) and Debts after one year (+€49,017)
- Tangible fixed assets +€21,185
up €21,185 (+4.1%), from €514,655 to €535,841
of which Plant, machinery and equipment: +€77,730
- Receivables after one year -€12,000
down €12,000 (-60.5%), from €19,837 to €7,837
- Debts after one year +€49,017
up €49,017 (+13.1%), from €373,395 to €422,412
- Reserves +€37,561
up €37,561 (+77.3%), from €48,607 to €86,167
- Other debts -€15,918
down €15,918 (-30.3%), from €52,472 to €36,554
- Tax, wage and social debts +€10,303
up €10,303 (+63.9%), from €16,118 to €26,421
of which Taxes: +€5,313
- Trade debts -€7,348
down €7,348 (-27.6%), from €26,576 to €19,229
- Gross operating margin +€101,760
up €101,760 (+51.3%), from €198,228 to €299,988
- Depreciation +€36,561
up €36,561 (+53.3%), from €68,558 to €105,119
- Staff costs +€35,731
up €35,731 (+44.8%), from €79,742 to €115,473
- Financial charges +€6,003
up €6,003 (+34.2%), from €17,574 to €23,577
- Taxes +€5,917
up €5,917 (+73.0%), from €8,104 to €14,022
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 | €596,954 | €665,142 | +€68,188 | +11.4% |
| Fixed assets | 21/28 | €514,760 | €535,946 | +€21,185 | +4.1% |
| Tangible fixed assets | 22/27 | €514,655 | €535,841 | +€21,185 | +4.1% |
| Land and buildings | 22 | €222,295 | €192,758 | -€29,537 | -13.3% |
| Plant, machinery and equipment | 23 | €155,015 | €232,745 | +€77,730 | +50.1% |
| Furniture and vehicles | 24 | €52,112 | €46,783 | -€5,329 | -10.2% |
| Other tangible fixed assets | 26 | €85,234 | €63,555 | -€21,680 | -25.4% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €82,194 | €129,197 | +€47,003 | +57.2% |
| Amounts receivable after more than one year | 29 | €19,837 | €7,837 | -€12,000 | -60.5% |
| Other amounts receivable | 291 | €19,837 | €7,837 | -€12,000 | -60.5% |
| Stocks and contracts in progress | 3 | €13,260 | €13,605 | +€345 | +2.6% |
| Stocks | 30/36 | €13,260 | €13,605 | +€345 | +2.6% |
| Amounts receivable within one year | 40/41 | €7,304 | €7,427 | +€122 | +1.7% |
| Trade receivables | 40 | €1,215 | €359 | -€856 | -70.5% |
| Other amounts receivable | 41 | €6,090 | €7,068 | +€978 | +16.1% |
| Cash at bank and in hand | 54/58 | €39,847 | €100,328 | +€60,481 | +152% |
| Deferred charges and accrued income | 490/1 | €1,945 | - | -€1,945 | |
| Total equity and liabilities | 10/49 | €596,954 | €665,142 | +€68,188 | +11.4% |
| Equity | 10/15 | €71,820 | €109,381 | +€37,561 | +52.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €48,607 | €86,167 | +€37,561 | +77.3% |
| Distributable reserves | 133 | €48,607 | €86,167 | +€37,561 | +77.3% |
| Profit (loss) carried forward | 14 | €2,754 | €2,754 | = | 0.0% |
| Amounts payable | 17/49 | €525,134 | €555,761 | +€30,627 | +5.8% |
| Amounts payable after more than one year | 17 | €373,395 | €422,412 | +€49,017 | +13.1% |
| Financial debts | 170/4 | €373,395 | €422,412 | +€49,017 | +13.1% |
| Amounts payable within one year | 42/48 | €151,739 | €133,350 | -€18,389 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €56,572 | €51,146 | -€5,427 | -9.6% |
| Trade debts | 44 | €26,576 | €19,229 | -€7,348 | -27.6% |
| Suppliers | 440/4 | €26,576 | €19,229 | -€7,348 | -27.6% |
| Taxes, remuneration and social security | 45 | €16,118 | €26,421 | +€10,303 | +63.9% |
| Taxes | 450/3 | €10,589 | €15,902 | +€5,313 | +50.2% |
| Remuneration and social security | 454/9 | €5,529 | €10,519 | +€4,990 | +90.3% |
| Other amounts payable | 47/48 | €52,472 | €36,554 | -€15,918 | -30.3% |
| Remuneration, social security and pensions | 62 | €79,742 | €115,473 | +€35,731 | +44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,558 | €105,119 | +€36,561 | +53.3% |
| Other operating charges | 640/8 | €2,649 | €4,250 | +€1,601 | +60.4% |
| Gross operating margin | 9900 | €198,228 | €299,988 | +€101,760 | +51.3% |
| Operating profit (loss) | 9901 | €47,279 | €75,147 | +€27,867 | +58.9% |
| Financial income | 75/76B | €5 | €12 | +€7 | +146% |
| Recurring financial income | 75 | €5 | €12 | +€7 | +146% |
| Financial charges | 65/66B | €17,574 | €23,577 | +€6,003 | +34.2% |
| Recurring financial charges | 65 | €17,574 | €23,577 | +€6,003 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €29,711 | €51,582 | +€21,871 | +73.6% |
| Income taxes | 67/77 | €8,104 | €14,022 | +€5,917 | +73.0% |
| Profit (loss) for the period | 9904 | €21,607 | €37,561 | +€15,954 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,607 | €37,561 | +€15,954 | +73.8% |
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.