Vendimus: 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.
Vendimus
Largest movements
- Receivables within one year +€12,551
up €12,551 (+316%), from €3,977 to €16,528
of which Trade receivables: +€12,612
- Cash -€6,322
down €6,322 (-67.1%), from €9,426 to €3,104
mainly Receivables within one year (-€12,551) and Trade debts (-€4,479)
- Deferred charges and accrued income -€3,500
down €3,500 (-100%), from €3,500 to €0
- Tangible fixed assets +€1,219
new in 2025: €1,219
- Debts after one year +€7,000
new in 2025: €7,000
- Tax, wage and social debts +€6,734
up €6,734 (+401%), from €1,678 to €8,412
of which Remuneration and social security: +€4,960
- Trade debts -€4,479
down €4,479 (-67.9%), from €6,596 to €2,117
- Profit (loss) carried forward -€4,333
down €4,333 (-22.7%), from -€19,087 to -€23,420
- Other debts -€793
down €793 (-9.4%), from €8,398 to €7,605
- Gross operating margin -€5,221
down €5,221 (-30.5%), from €17,108 to €11,887
- Staff costs +€619
up €619 (+4.4%), from €14,178 to €14,797
- Financial charges +€576
up €576 (+384%), from €150 to €726
- Other operating charges +€267
up €267 (+62.5%), from €427 to €694
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 | €16,903 | €20,850 | +€3,947 | +23.4% |
| Fixed assets | 21/28 | - | €1,219 | +€1,219 | |
| Tangible fixed assets | 22/27 | - | €1,219 | +€1,219 | |
| Furniture and vehicles | 24 | - | €1,219 | +€1,219 | |
| Current assets | 29/58 | €16,903 | €19,632 | +€2,729 | +16.1% |
| Amounts receivable within one year | 40/41 | €3,977 | €16,528 | +€12,551 | +316% |
| Trade receivables | 40 | €3,848 | €16,460 | +€12,612 | +328% |
| Other amounts receivable | 41 | €129 | €68 | -€61 | -47.6% |
| Cash at bank and in hand | 54/58 | €9,426 | €3,104 | -€6,322 | -67.1% |
| Deferred charges and accrued income | 490/1 | €3,500 | €0 | -€3,500 | -100% |
| Total equity and liabilities | 10/49 | €16,903 | €20,850 | +€3,947 | +23.4% |
| Equity | 10/15 | €49 | -€4,284 | -€4,333 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €536 | €536 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €536 | €0 | -€536 | -100% |
| Legal reserve | 130 | €536 | - | -€536 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | - | €536 | +€536 | |
| Profit (loss) carried forward | 14 | -€19,087 | -€23,420 | -€4,333 | -22.7% |
| Amounts payable | 17/49 | €16,854 | €25,134 | +€8,280 | +49.1% |
| Amounts payable after more than one year | 17 | - | €7,000 | +€7,000 | |
| Financial debts | 170/4 | - | €7,000 | +€7,000 | |
| Amounts payable within one year | 42/48 | €16,672 | €18,134 | +€1,462 | +8.8% |
| Trade debts | 44 | €6,596 | €2,117 | -€4,479 | -67.9% |
| Suppliers | 440/4 | €6,596 | €2,117 | -€4,479 | -67.9% |
| Taxes, remuneration and social security | 45 | €1,678 | €8,412 | +€6,734 | +401% |
| Taxes | 450/3 | - | €1,774 | +€1,774 | |
| Remuneration and social security | 454/9 | €1,678 | €6,638 | +€4,960 | +296% |
| Other amounts payable | 47/48 | €8,398 | €7,605 | -€793 | -9.4% |
| Accrued charges and deferred income | 492/3 | €182 | €0 | -€182 | -100% |
| Remuneration, social security and pensions | 62 | €14,178 | €14,797 | +€619 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €4 | -€90 | -95.2% |
| Other operating charges | 640/8 | €427 | €694 | +€267 | +62.5% |
| Gross operating margin | 9900 | €17,108 | €11,887 | -€5,221 | -30.5% |
| Operating profit (loss) | 9901 | €2,409 | -€3,609 | -€6,018 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €150 | €726 | +€576 | +384% |
| Recurring financial charges | 65 | €150 | €726 | +€576 | +384% |
| Profit (loss) for the period before taxes | 9903 | €2,259 | -€4,333 | -€6,592 | |
| Profit (loss) for the period | 9904 | €2,259 | -€4,333 | -€6,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,259 | -€4,333 | -€6,592 |
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 18 October 2026 via checked.be.