VIGNERO: 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.
VIGNERO
Largest movements
- Cash +€160,584
up €160,584 (+205%), from €78,320 to €238,904
mainly Net result for the year (+€274,188) and Other debts (+€6,154)
- Receivables within one year +€76,478
up €76,478 (+659%), from €11,611 to €88,089
of which Other amounts receivable: +€87,121
- Financial fixed assets +€14,903
up €14,903 (+71.0%), from €21,000 to €35,903
- Tangible fixed assets +€7,022
new in 2025: €7,022
of which Furniture and vehicles: +€5,092
- Profit (loss) carried forward +€274,188
up €274,188 (+373%), from €73,528 to €347,716
- Tax, wage and social debts -€22,559
down €22,559 (-71.7%), from €31,455 to €8,896
- Other debts +€6,154
up €6,154 (+537%), from €1,145 to €7,299
- Gross operating margin +€148,791
up €148,791 (+151%), from €98,398 to €247,189
- Financial income +€87,582
new in 2025: €87,582
- Taxes +€37,723
up €37,723 (+198%), from €19,032 to €56,756
- Depreciation -€2,669
down €2,669 (-88.3%), from €3,022 to €353
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 | €112,259 | €371,853 | +€259,595 | +231% |
| Fixed assets | 21/28 | €21,000 | €42,925 | +€21,925 | +104% |
| Tangible fixed assets | 22/27 | - | €7,022 | +€7,022 | |
| Plant, machinery and equipment | 23 | - | €1,930 | +€1,930 | |
| Furniture and vehicles | 24 | - | €5,092 | +€5,092 | |
| Financial fixed assets | 28 | €21,000 | €35,903 | +€14,903 | +71.0% |
| Current assets | 29/58 | €91,259 | €328,928 | +€237,670 | +260% |
| Amounts receivable within one year | 40/41 | €11,611 | €88,089 | +€76,478 | +659% |
| Trade receivables | 40 | €10,643 | €0 | -€10,643 | -100% |
| Other amounts receivable | 41 | €968 | €88,089 | +€87,121 | +9,003% |
| Cash at bank and in hand | 54/58 | €78,320 | €238,904 | +€160,584 | +205% |
| Deferred charges and accrued income | 490/1 | €1,328 | €1,936 | +€608 | +45.7% |
| Total equity and liabilities | 10/49 | €112,259 | €371,853 | +€259,595 | +231% |
| Equity | 10/15 | €78,528 | €352,716 | +€274,188 | +349% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,528 | €347,716 | +€274,188 | +373% |
| Amounts payable | 17/49 | €33,730 | €19,137 | -€14,593 | -43.3% |
| Amounts payable within one year | 42/48 | €33,730 | €19,137 | -€14,593 | -43.3% |
| Trade debts | 44 | €1,130 | €2,942 | +€1,812 | +160% |
| Suppliers | 440/4 | €1,130 | €2,942 | +€1,812 | +160% |
| Taxes, remuneration and social security | 45 | €31,455 | €8,896 | -€22,559 | -71.7% |
| Taxes | 450/3 | €31,455 | €8,896 | -€22,559 | -71.7% |
| Other amounts payable | 47/48 | €1,145 | €7,299 | +€6,154 | +537% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,022 | €353 | -€2,669 | -88.3% |
| Other operating charges | 640/8 | €1,890 | €1,731 | -€159 | -8.4% |
| Gross operating margin | 9900 | €98,398 | €247,189 | +€148,791 | +151% |
| Operating profit (loss) | 9901 | €93,486 | €245,105 | +€151,619 | +162% |
| Financial income | 75/76B | - | €87,582 | +€87,582 | |
| Recurring financial income | 75 | - | €87,582 | +€87,582 | |
| Financial charges | 65/66B | €925 | €1,744 | +€819 | +88.5% |
| Recurring financial charges | 65 | €925 | €1,744 | +€819 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | €92,561 | €330,944 | +€238,383 | +258% |
| Income taxes | 67/77 | €19,032 | €56,756 | +€37,723 | +198% |
| Profit (loss) for the period | 9904 | €73,528 | €274,188 | +€200,659 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €73,528 | €274,188 | +€200,659 | +273% |
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 13 October 2026 via checked.be.