Vendanges et Séduction: what changed
Two fiscal 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.
Vendanges et Séduction
Largest movements
- Cash -€5,318
down €5,318 (-83.7%), from €6,354 to €1,036
mainly Investment in fixed assets (net) (-€5,782) and Current portion of long-term debt (-€4,576)
- Receivables within one year -€5,312
down €5,312 (-9.2%), from €57,966 to €52,653
of which Trade receivables: -€5,312
- Tangible fixed assets +€3,663
up €3,663 (+66.4%), from €5,514 to €9,177
of which Furniture and vehicles: +€2,881
- Other debts +€5,946
up €5,946 (+23.7%), from €25,124 to €31,070
- Current portion of long-term debt -€4,576
down €4,576 (-47.1%), from €9,711 to €5,134
- Short-term financial debts +€4,282
up €4,282, from €0 to €4,282
- Profit (loss) carried forward -€3,837
down €3,837 (-25.8%), from -€14,875 to -€18,712
- Debts after one year -€2,805
down €2,805 (-16.9%), from €16,556 to €13,751
- Depreciation -€7,091
down €7,091 (-76.7%), from €9,249 to €2,158
- Gross operating margin -€4,876
down €4,876 (-57.3%), from €8,503 to €3,627
- Other operating charges -€944
down €944 (-64.2%), from €1,471 to €527
- Financial charges +€347
up €347 (+7.8%), from €4,430 to €4,778
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.
Cash bridge derived
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 | €121,308 | €115,288 | -€6,020 | -5.0% |
| Fixed assets | 21/28 | €5,553 | €9,177 | +€3,624 | +65.3% |
| Tangible fixed assets | 22/27 | €5,514 | €9,177 | +€3,663 | +66.4% |
| Plant, machinery and equipment | 23 | - | €782 | +€782 | |
| Furniture and vehicles | 24 | €5,514 | €8,395 | +€2,881 | +52.2% |
| Financial fixed assets | 28 | €39 | €0 | -€39 | -100.0% |
| Current assets | 29/58 | €115,755 | €106,111 | -€9,643 | -8.3% |
| Stocks and contracts in progress | 3 | €51,263 | €51,263 | = | 0.0% |
| Stocks | 30/36 | €51,263 | €51,263 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €57,966 | €52,653 | -€5,312 | -9.2% |
| Trade receivables | 40 | €57,966 | €52,653 | -€5,312 | -9.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,354 | €1,036 | -€5,318 | -83.7% |
| Deferred charges and accrued income | 490/1 | €172 | €1,159 | +€987 | +573.6% |
| Total equity and liabilities | 10/49 | €121,308 | €115,288 | -€6,020 | -5.0% |
| Equity | 10/15 | €3,950 | €114 | -€3,837 | -97.1% |
| Contributions | 10/11 | €18,825 | €18,825 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€14,875 | -€18,712 | -€3,837 | -25.8% |
| Provisions and deferred taxes | 16 | €33,250 | €33,250 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €33,250 | €33,250 | = | 0.0% |
| Other liabilities and charges | 164/5 | €33,250 | €33,250 | = | 0.0% |
| Amounts payable | 17/49 | €84,107 | €81,924 | -€2,183 | -2.6% |
| Amounts payable after more than one year | 17 | €16,556 | €13,751 | -€2,805 | -16.9% |
| Financial debts | 170/4 | €16,556 | €13,751 | -€2,805 | -16.9% |
| Amounts payable within one year | 42/48 | €67,551 | €68,174 | +€623 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €9,711 | €5,134 | -€4,576 | -47.1% |
| Financial debts | 43 | €0 | €4,282 | +€4,282 | |
| Credit institutions | 430/8 | €0 | €4,282 | +€4,282 | |
| Trade debts | 44 | €24,991 | €22,548 | -€2,442 | -9.8% |
| Suppliers | 440/4 | €24,991 | €22,548 | -€2,442 | -9.8% |
| Advances received on contracts in progress | 46 | €4,044 | €2,830 | -€1,215 | -30.0% |
| Taxes, remuneration and social security | 45 | €3,681 | €2,309 | -€1,372 | -37.3% |
| Taxes | 450/3 | €3,681 | €2,309 | -€1,372 | -37.3% |
| Other amounts payable | 47/48 | €25,124 | €31,070 | +€5,946 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,249 | €2,158 | -€7,091 | -76.7% |
| Other operating charges | 640/8 | €1,471 | €527 | -€944 | -64.2% |
| Gross operating margin | 9900 | €8,503 | €3,627 | -€4,876 | -57.3% |
| Operating profit (loss) | 9901 | -€2,218 | €941 | +€3,159 | |
| Financial income | 75/76B | €11 | €0 | -€11 | -100.0% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100.0% |
| Financial charges | 65/66B | €4,430 | €4,778 | +€347 | +7.8% |
| Recurring financial charges | 65 | €4,430 | €4,778 | +€347 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,637 | -€3,837 | +€2,800 | +42.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,637 | -€3,837 | +€2,800 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,637 | -€3,837 | +€2,800 | +42.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.