NIVOO VINUM: what changed
NIVOO VINUM
Largest movements
- Cash +€14,238
up €14,238 (+91.0%), from €15,651 to €29,889
mainly Net result for the year (+€21,842) and Deferred charges and accrued income (+€4,350)
- Tangible fixed assets +€7,410
up €7,410 (+179%), from €4,144 to €11,553
of which Furniture and vehicles: +€8,238
- Deferred charges and accrued income -€4,350
down €4,350 (-34.3%), from €12,690 to €8,340
- Stocks and contracts -€3,337
down €3,337 (-3.8%), from €88,422 to €85,086
- Reserves +€21,842
up €21,842 (+64.0%), from €34,138 to €55,980
of which Distributable reserves: +€21,842
- Other debts -€11,712
down €11,712 (-14.2%), from €82,229 to €70,517
- Tax, wage and social debts +€3,211
up €3,211 (+25.9%), from €12,396 to €15,607
of which Remuneration and social security: +€8,300
- Gross operating margin +€30,435
up €30,435 (+4,381%), from €695 to €31,129
- Taxes +€2,190
new in 2025: €2,190
- Depreciation +€1,057
up €1,057 (+37.3%), from €2,836 to €3,893
- Other operating charges +€486
up €486 (+37.4%), from €1,300 to €1,786
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,859 | €189,925 | +€12,066 | +6.8% |
| Fixed assets | 21/28 | €8,972 | €14,559 | +€5,586 | +62.3% |
| Intangible fixed assets | 21 | €4,381 | €2,633 | -€1,747 | -39.9% |
| Tangible fixed assets | 22/27 | €4,144 | €11,553 | +€7,410 | +179% |
| Plant, machinery and equipment | 23 | €3,476 | €2,648 | -€828 | -23.8% |
| Furniture and vehicles | 24 | €667 | €8,905 | +€8,238 | +1,234% |
| Financial fixed assets | 28 | €448 | €372 | -€76 | -16.9% |
| Current assets | 29/58 | €168,887 | €175,366 | +€6,479 | +3.8% |
| Stocks and contracts in progress | 3 | €88,422 | €85,086 | -€3,337 | -3.8% |
| Stocks | 30/36 | €88,422 | €85,086 | -€3,337 | -3.8% |
| Amounts receivable within one year | 40/41 | €52,124 | €52,051 | -€73 | -0.1% |
| Trade receivables | 40 | €51,977 | €51,885 | -€92 | -0.2% |
| Other amounts receivable | 41 | €147 | €166 | +€19 | +12.8% |
| Cash at bank and in hand | 54/58 | €15,651 | €29,889 | +€14,238 | +91.0% |
| Deferred charges and accrued income | 490/1 | €12,690 | €8,340 | -€4,350 | -34.3% |
| Total equity and liabilities | 10/49 | €177,859 | €189,925 | +€12,066 | +6.8% |
| Equity | 10/15 | €46,336 | €68,178 | +€21,842 | +47.1% |
| Contributions | 10/11 | €12,197 | €12,197 | = | 0.0% |
| Reserves | 13 | €34,138 | €55,980 | +€21,842 | +64.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €32,238 | €54,080 | +€21,842 | +67.8% |
| Amounts payable | 17/49 | €131,523 | €121,747 | -€9,776 | -7.4% |
| Amounts payable within one year | 42/48 | €131,523 | €121,747 | -€9,776 | -7.4% |
| Trade debts | 44 | €36,899 | €35,623 | -€1,276 | -3.5% |
| Suppliers | 440/4 | €36,899 | €35,623 | -€1,276 | -3.5% |
| Taxes, remuneration and social security | 45 | €12,396 | €15,607 | +€3,211 | +25.9% |
| Taxes | 450/3 | €11,496 | €6,407 | -€5,089 | -44.3% |
| Remuneration and social security | 454/9 | €900 | €9,200 | +€8,300 | +922% |
| Other amounts payable | 47/48 | €82,229 | €70,517 | -€11,712 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,836 | €3,893 | +€1,057 | +37.3% |
| Other operating charges | 640/8 | €1,300 | €1,786 | +€486 | +37.4% |
| Gross operating margin | 9900 | €695 | €31,129 | +€30,435 | +4,381% |
| Operating profit (loss) | 9901 | -€3,441 | €25,450 | +€28,891 | |
| Financial income | 75/76B | €0 | €18 | +€18 | +175,700% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +175,700% |
| Financial charges | 65/66B | €1,559 | €1,435 | -€123 | -7.9% |
| Recurring financial charges | 65 | €1,559 | €1,435 | -€123 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,000 | €24,032 | +€29,032 | |
| Income taxes | 67/77 | - | €2,190 | +€2,190 | |
| Profit (loss) for the period | 9904 | -€5,000 | €21,842 | +€26,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,000 | €21,842 | +€26,842 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.