SPYROU VINS: 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.
SPYROU VINS
Largest movements
- Stocks and contracts +€142,790
up €142,790 (+29.2%), from €489,064 to €631,854
- Receivables within one year -€44,979
down €44,979 (-16.0%), from €280,555 to €235,576
of which Other amounts receivable: -€24,364
- Cash -€12,618
down €12,618 (-9.0%), from €140,632 to €128,013
mainly Stocks and contracts (-€142,790) and Trade debts (-€58,770)
- Tangible fixed assets +€12,376
up €12,376 (+55.6%), from €22,265 to €34,641
of which Furniture and vehicles: +€9,210
- Profit (loss) carried forward +€86,501
up €86,501 (+14.1%), from €615,065 to €701,566
- Accrued charges and deferred income +€82,854
up €82,854 (+4,138%), from €2,002 to €84,857
- Trade debts -€58,770
down €58,770 (-27.6%), from €212,950 to €154,179
- Current portion of long-term debt -€14,280
no longer reported in 2025 (was €14,280)
- Gross operating margin -€103,793
down €103,793 (-36.7%), from €282,603 to €178,810
- Write-downs -€28,588
down €28,588, from €16,585 to -€12,003
- Taxes -€27,290
down €27,290 (-51.9%), from €52,588 to €25,298
- Staff costs +€9,488
up €9,488 (+23.5%), from €40,458 to €49,946
- Other operating charges +€9,316
up €9,316 (+567%), from €1,642 to €10,958
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 | €937,151 | €1,040,257 | +€103,106 | +11.0% |
| Fixed assets | 21/28 | €22,265 | €34,641 | +€12,376 | +55.6% |
| Tangible fixed assets | 22/27 | €22,265 | €34,641 | +€12,376 | +55.6% |
| Plant, machinery and equipment | 23 | - | €3,167 | +€3,167 | |
| Furniture and vehicles | 24 | €22,265 | €31,474 | +€9,210 | +41.4% |
| Current assets | 29/58 | €914,886 | €1,005,616 | +€90,729 | +9.9% |
| Stocks and contracts in progress | 3 | €489,064 | €631,854 | +€142,790 | +29.2% |
| Stocks | 30/36 | €489,064 | €631,854 | +€142,790 | +29.2% |
| Amounts receivable within one year | 40/41 | €280,555 | €235,576 | -€44,979 | -16.0% |
| Trade receivables | 40 | €254,495 | €233,880 | -€20,615 | -8.1% |
| Other amounts receivable | 41 | €26,060 | €1,696 | -€24,364 | -93.5% |
| Cash at bank and in hand | 54/58 | €140,632 | €128,013 | -€12,618 | -9.0% |
| Deferred charges and accrued income | 490/1 | €4,636 | €10,172 | +€5,536 | +119% |
| Total equity and liabilities | 10/49 | €937,151 | €1,040,257 | +€103,106 | +11.0% |
| Equity | 10/15 | €635,525 | €722,026 | +€86,501 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €615,065 | €701,566 | +€86,501 | +14.1% |
| Amounts payable | 17/49 | €301,626 | €318,230 | +€16,604 | +5.5% |
| Amounts payable within one year | 42/48 | €299,624 | €233,374 | -€66,250 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €14,280 | - | -€14,280 | |
| Trade debts | 44 | €212,950 | €154,179 | -€58,770 | -27.6% |
| Suppliers | 440/4 | €212,950 | €154,179 | -€58,770 | -27.6% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €55,756 | €54,473 | -€1,283 | -2.3% |
| Taxes | 450/3 | €52,360 | €50,758 | -€1,602 | -3.1% |
| Remuneration and social security | 454/9 | €3,396 | €3,715 | +€319 | +9.4% |
| Other amounts payable | 47/48 | €16,638 | €14,721 | -€1,916 | -11.5% |
| Accrued charges and deferred income | 492/3 | €2,002 | €84,857 | +€82,854 | +4,138% |
| Non-recurring operating income | 76A | €4,839 | €6,105 | +€1,267 | +26.2% |
| Remuneration, social security and pensions | 62 | €40,458 | €49,946 | +€9,488 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,596 | €16,869 | +€3,273 | +24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,585 | -€12,003 | -€28,588 | |
| Other operating charges | 640/8 | €1,642 | €10,958 | +€9,316 | +567% |
| Non-recurring operating charges | 66A | €385 | €100 | -€285 | -74.0% |
| Gross operating margin | 9900 | €282,603 | €178,810 | -€103,793 | -36.7% |
| Operating profit (loss) | 9901 | €209,937 | €112,940 | -€96,997 | -46.2% |
| Financial income | 75/76B | €64 | €1,070 | +€1,006 | +1,583% |
| Recurring financial income | 75 | €64 | €1,070 | +€1,006 | +1,583% |
| Financial charges | 65/66B | €3,178 | €2,210 | -€968 | -30.4% |
| Recurring financial charges | 65 | €3,178 | €2,210 | -€968 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €206,823 | €111,799 | -€95,023 | -45.9% |
| Income taxes | 67/77 | €52,588 | €25,298 | -€27,290 | -51.9% |
| Profit (loss) for the period | 9904 | €154,234 | €86,501 | -€67,733 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €154,234 | €86,501 | -€67,733 | -43.9% |
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 27 October 2026 via checked.be.