Vin D’Anvers: 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.
Vin D’Anvers
Largest movements
- Stocks and contracts +€32,105
up €32,105 (+16.3%), from €197,489 to €229,594
- Profit (loss) carried forward +€106,256
up €106,256 (+37.9%), from €280,417 to €386,673
- Current portion of long-term debt -€24,548
down €24,548 (-57.1%), from €42,976 to €18,428
- Debts after one year -€18,428
down €18,428 (-6.5%), from €281,410 to €262,982
- Trade debts -€17,558
down €17,558 (-24.7%), from €70,945 to €53,387
- Tax, wage and social debts -€11,040
down €11,040 (-27.7%), from €39,907 to €28,867
of which Taxes: -€11,460
- Gross operating margin +€38,372
up €38,372 (+24.0%), from €159,723 to €198,095
- Staff costs +€9,382
up €9,382 (+220%), from €4,269 to €13,651
- Depreciation +€7,058
up €7,058 (+31.6%), from €22,324 to €29,382
- Taxes +€5,044
up €5,044 (+18.7%), from €26,998 to €32,041
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 | €749,328 | €785,595 | +€36,267 | +4.8% |
| Fixed assets | 21/28 | €395,187 | €400,660 | +€5,473 | +1.4% |
| Tangible fixed assets | 22/27 | €386,787 | €391,760 | +€4,973 | +1.3% |
| Land and buildings | 22 | €328,129 | €325,645 | -€2,485 | -0.8% |
| Plant, machinery and equipment | 23 | €14,173 | €25,005 | +€10,832 | +76.4% |
| Furniture and vehicles | 24 | €44,485 | €41,110 | -€3,375 | -7.6% |
| Financial fixed assets | 28 | €8,400 | €8,900 | +€500 | +6.0% |
| Current assets | 29/58 | €354,141 | €384,935 | +€30,794 | +8.7% |
| Stocks and contracts in progress | 3 | €197,489 | €229,594 | +€32,105 | +16.3% |
| Stocks | 30/36 | €197,489 | €229,594 | +€32,105 | +16.3% |
| Amounts receivable within one year | 40/41 | €60,504 | €56,967 | -€3,537 | -5.8% |
| Trade receivables | 40 | €60,504 | €56,502 | -€4,002 | -6.6% |
| Other amounts receivable | 41 | - | €466 | +€466 | |
| Cash at bank and in hand | 54/58 | €94,820 | €97,140 | +€2,320 | +2.4% |
| Deferred charges and accrued income | 490/1 | €1,328 | €1,234 | -€94 | -7.1% |
| Total equity and liabilities | 10/49 | €749,328 | €785,595 | +€36,267 | +4.8% |
| Equity | 10/15 | €285,417 | €391,673 | +€106,256 | +37.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €280,417 | €386,673 | +€106,256 | +37.9% |
| Amounts payable | 17/49 | €463,911 | €393,922 | -€69,989 | -15.1% |
| Amounts payable after more than one year | 17 | €281,410 | €262,982 | -€18,428 | -6.5% |
| Financial debts | 170/4 | €281,410 | €262,982 | -€18,428 | -6.5% |
| Amounts payable within one year | 42/48 | €182,501 | €130,939 | -€51,562 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €42,976 | €18,428 | -€24,548 | -57.1% |
| Trade debts | 44 | €70,945 | €53,387 | -€17,558 | -24.7% |
| Suppliers | 440/4 | €70,945 | €53,387 | -€17,558 | -24.7% |
| Taxes, remuneration and social security | 45 | €39,907 | €28,867 | -€11,040 | -27.7% |
| Taxes | 450/3 | €39,078 | €27,618 | -€11,460 | -29.3% |
| Remuneration and social security | 454/9 | €829 | €1,250 | +€420 | +50.7% |
| Other amounts payable | 47/48 | €28,673 | €30,257 | +€1,584 | +5.5% |
| Remuneration, social security and pensions | 62 | €4,269 | €13,651 | +€9,382 | +220% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,324 | €29,382 | +€7,058 | +31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €457 | - | -€457 | |
| Other operating charges | 640/8 | €505 | €2,087 | +€1,581 | +313% |
| Non-recurring operating charges | 66A | - | €7,552 | +€7,552 | |
| Gross operating margin | 9900 | €159,723 | €198,095 | +€38,372 | +24.0% |
| Operating profit (loss) | 9901 | €132,168 | €145,423 | +€13,256 | +10.0% |
| Financial income | 75/76B | €268 | €347 | +€79 | +29.4% |
| Recurring financial income | 75 | €268 | €347 | +€79 | +29.4% |
| Financial charges | 65/66B | €8,366 | €7,473 | -€893 | -10.7% |
| Recurring financial charges | 65 | €8,366 | €7,473 | -€893 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €124,070 | €138,297 | +€14,227 | +11.5% |
| Income taxes | 67/77 | €26,998 | €32,041 | +€5,044 | +18.7% |
| Profit (loss) for the period | 9904 | €97,072 | €106,256 | +€9,184 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €97,072 | €106,256 | +€9,184 | +9.5% |
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 19 October 2026 via checked.be.