TOUT EST VIN: 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.
TOUT EST VIN
Largest movements
- Tangible fixed assets +€494,026
up €494,026 (+3,430%), from €14,402 to €508,427
of which Land and buildings: +€459,643
- Financial fixed assets -€102,629
down €102,629 (-97.6%), from €105,119 to €2,489
- Stocks and contracts +€32,866
up €32,866 (+18.4%), from €178,858 to €211,724
- Cash -€21,256
down €21,256 (-27.9%), from €76,132 to €54,876
mainly Investment in fixed assets (net) (-€415,496) and Other debts (-€217,047)
- Receivables within one year +€19,689
up €19,689 (+155%), from €12,701 to €32,390
of which Other amounts receivable: +€13,489
- Debts after one year +€542,453
new in 2025: €542,453
of which Other amounts payable: +€343,000
- Other debts -€217,047
down €217,047 (-99.6%), from €217,990 to €943
- Current portion of long-term debt +€37,355
new in 2025: €37,355
- Reserves +€31,741
up €31,741 (+287%), from €11,044 to €42,785
of which Tax-exempt reserves: +€25,260
- Profit (loss) carried forward +€15,746
up €15,746 (+39.8%), from €39,533 to €55,280
- Gross operating margin +€79,852
up €79,852 (+282%), from €28,351 to €108,203
- Depreciation +€17,433
up €17,433 (+262%), from €6,666 to €24,099
- Taxes +€10,497
new in 2025: €10,497
- Provisions +€9,836
up €9,836 (+2,572%), from €382 to €10,218
- Financial charges +€8,960
up €8,960 (+36.3%), from €24,654 to €33,614
of which Non-recurring financial charges: +€13,814
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 | €389,758 | €811,260 | +€421,502 | +108% |
| Fixed assets | 21/28 | €119,520 | €510,917 | +€391,396 | +327% |
| Tangible fixed assets | 22/27 | €14,402 | €508,427 | +€494,026 | +3,430% |
| Land and buildings | 22 | €7,914 | €467,557 | +€459,643 | +5,808% |
| Furniture and vehicles | 24 | €1,755 | €5,669 | +€3,914 | +223% |
| Other tangible fixed assets | 26 | €4,733 | €35,201 | +€30,468 | +644% |
| Financial fixed assets | 28 | €105,119 | €2,489 | -€102,629 | -97.6% |
| Current assets | 29/58 | €270,238 | €300,343 | +€30,105 | +11.1% |
| Stocks and contracts in progress | 3 | €178,858 | €211,724 | +€32,866 | +18.4% |
| Stocks | 30/36 | €178,858 | €211,724 | +€32,866 | +18.4% |
| Amounts receivable within one year | 40/41 | €12,701 | €32,390 | +€19,689 | +155% |
| Trade receivables | 40 | €6,951 | €13,151 | +€6,199 | +89.2% |
| Other amounts receivable | 41 | €5,750 | €19,239 | +€13,489 | +235% |
| Cash at bank and in hand | 54/58 | €76,132 | €54,876 | -€21,256 | -27.9% |
| Deferred charges and accrued income | 490/1 | €2,547 | €1,353 | -€1,194 | -46.9% |
| Total equity and liabilities | 10/49 | €389,758 | €811,260 | +€421,502 | +108% |
| Equity | 10/15 | €70,577 | €118,065 | +€47,487 | +67.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €11,044 | €42,785 | +€31,741 | +287% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €25,260 | +€25,260 | |
| Distributable reserves | 133 | €9,044 | €15,525 | +€6,481 | +71.7% |
| Profit (loss) carried forward | 14 | €39,533 | €55,280 | +€15,746 | +39.8% |
| Provisions and deferred taxes | 16 | €19,276 | €29,495 | +€10,218 | +53.0% |
| Provisions for liabilities and charges | 160/5 | €19,276 | €29,495 | +€10,218 | +53.0% |
| Other liabilities and charges | 164/5 | €19,276 | €29,495 | +€10,218 | +53.0% |
| Amounts payable | 17/49 | €299,905 | €663,701 | +€363,796 | +121% |
| Amounts payable after more than one year | 17 | - | €542,453 | +€542,453 | |
| Financial debts | 170/4 | - | €199,453 | +€199,453 | |
| Other amounts payable | 178/9 | - | €343,000 | +€343,000 | |
| Amounts payable within one year | 42/48 | €299,905 | €121,248 | -€178,657 | -59.6% |
| Current portion of amounts payable after more than one year | 42 | - | €37,355 | +€37,355 | |
| Financial debts | 43 | - | €796 | +€796 | |
| Credit institutions | 430/8 | - | €796 | +€796 | |
| Trade debts | 44 | €78,659 | €76,066 | -€2,593 | -3.3% |
| Suppliers | 440/4 | €78,659 | €76,066 | -€2,593 | -3.3% |
| Taxes, remuneration and social security | 45 | €3,256 | €6,088 | +€2,833 | +87.0% |
| Taxes | 450/3 | €3,256 | €4,388 | +€1,133 | +34.8% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €217,990 | €943 | -€217,047 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,666 | €24,099 | +€17,433 | +262% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €382 | €10,218 | +€9,836 | +2,572% |
| Other operating charges | 640/8 | €2,722 | €7,665 | +€4,943 | +182% |
| Gross operating margin | 9900 | €28,351 | €108,203 | +€79,852 | +282% |
| Operating profit (loss) | 9901 | €18,581 | €66,221 | +€47,640 | +256% |
| Financial income | 75/76B | €231 | €117 | -€113 | -49.0% |
| Recurring financial income | 75 | €231 | €117 | -€113 | -49.0% |
| Financial charges | 65/66B | €24,654 | €33,614 | +€8,960 | +36.3% |
| Recurring financial charges | 65 | €24,654 | €19,799 | -€4,855 | -19.7% |
| Non-recurring financial charges | 66B | - | €13,814 | +€13,814 | |
| Profit (loss) for the period before taxes | 9903 | -€5,842 | €32,724 | +€38,567 | |
| Income taxes | 67/77 | - | €10,497 | +€10,497 | |
| Profit (loss) for the period | 9904 | -€5,842 | €22,227 | +€28,070 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,842 | €22,227 | +€28,070 |
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 24 October 2026 via checked.be.