VINDIMA: 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.
VINDIMA
Largest movements
- Receivables within one year +€117,439
up €117,439 (+79.0%), from €148,744 to €266,183
of which Other amounts receivable: +€87,424
- Stocks and contracts +€99,270
up €99,270 (+45.6%), from €217,908 to €317,179
- Tangible fixed assets +€60,266
up €60,266 (+56.6%), from €106,528 to €166,794
of which Plant, machinery and equipment: +€44,356
- Cash +€26,040
up €26,040 (+18.3%), from €141,985 to €168,024
mainly Trade debts (+€197,150) and Net result for the year (+€101,094)
- Trade debts +€197,150
up €197,150 (+156.6%), from €125,856 to €323,006
- Reserves +€101,094
up €101,094 (+37.5%), from €269,290 to €370,384
- Tax, wage and social debts +€25,604
up €25,604 (+167.1%), from €15,319 to €40,923
of which Taxes: +€24,316
- Accrued charges and deferred income -€22,448
down €22,448 (-89.8%), from €24,994 to €2,546
- Gross operating margin +€85,542
up €85,542 (+44.7%), from €191,220 to €276,761
- Taxes +€20,965
up €20,965 (+111.4%), from €18,821 to €39,786
- Staff costs +€12,024
up €12,024 (+24.2%), from €49,643 to €61,667
- Depreciation +€6,819
up €6,819 (+38.1%), from €17,902 to €24,721
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 | €720,457 | €1,027,564 | +€307,107 | +42.6% |
| Fixed assets | 21/28 | €116,853 | €177,119 | +€60,266 | +51.6% |
| Tangible fixed assets | 22/27 | €106,528 | €166,794 | +€60,266 | +56.6% |
| Land and buildings | 22 | €781 | €643 | -€137 | -17.6% |
| Plant, machinery and equipment | 23 | €47,311 | €91,666 | +€44,356 | +93.8% |
| Furniture and vehicles | 24 | €58,437 | €74,485 | +€16,047 | +27.5% |
| Financial fixed assets | 28 | €10,325 | €10,325 | = | 0.0% |
| Current assets | 29/58 | €603,603 | €850,445 | +€246,842 | +40.9% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €217,908 | €317,179 | +€99,270 | +45.6% |
| Stocks | 30/36 | €217,908 | €317,179 | +€99,270 | +45.6% |
| Amounts receivable within one year | 40/41 | €148,744 | €266,183 | +€117,439 | +79.0% |
| Trade receivables | 40 | €60,482 | €90,496 | +€30,014 | +49.6% |
| Other amounts receivable | 41 | €88,262 | €175,687 | +€87,424 | +99.1% |
| Cash at bank and in hand | 54/58 | €141,985 | €168,024 | +€26,040 | +18.3% |
| Deferred charges and accrued income | 490/1 | €19,966 | €24,060 | +€4,093 | +20.5% |
| Total equity and liabilities | 10/49 | €720,457 | €1,027,564 | +€307,107 | +42.6% |
| Equity | 10/15 | €389,290 | €490,384 | +€101,094 | +26.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €269,290 | €370,384 | +€101,094 | +37.5% |
| Distributable reserves | 133 | €269,290 | €370,384 | +€101,094 | +37.5% |
| Amounts payable | 17/49 | €331,167 | €537,180 | +€206,014 | +62.2% |
| Amounts payable after more than one year | 17 | €124,500 | €119,610 | -€4,890 | -3.9% |
| Financial debts | 170/4 | €124,500 | €119,610 | -€4,890 | -3.9% |
| Amounts payable within one year | 42/48 | €181,673 | €415,024 | +€233,351 | +128.4% |
| Current portion of amounts payable after more than one year | 42 | €14,455 | €19,828 | +€5,373 | +37.2% |
| Financial debts | 43 | €25,413 | €30,480 | +€5,067 | +19.9% |
| Credit institutions | 430/8 | €25,413 | €30,480 | +€5,067 | +19.9% |
| Trade debts | 44 | €125,856 | €323,006 | +€197,150 | +156.6% |
| Suppliers | 440/4 | €125,856 | €323,006 | +€197,150 | +156.6% |
| Taxes, remuneration and social security | 45 | €15,319 | €40,923 | +€25,604 | +167.1% |
| Taxes | 450/3 | €4,128 | €28,444 | +€24,316 | +589.1% |
| Remuneration and social security | 454/9 | €11,191 | €12,479 | +€1,288 | +11.5% |
| Other amounts payable | 47/48 | €630 | €788 | +€158 | +25.0% |
| Accrued charges and deferred income | 492/3 | €24,994 | €2,546 | -€22,448 | -89.8% |
| Remuneration, social security and pensions | 62 | €49,643 | €61,667 | +€12,024 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,902 | €24,721 | +€6,819 | +38.1% |
| Other operating charges | 640/8 | €50,316 | €48,362 | -€1,954 | -3.9% |
| Non-recurring operating charges | 66A | €510 | €168 | -€342 | -67.0% |
| Gross operating margin | 9900 | €191,220 | €276,761 | +€85,542 | +44.7% |
| Operating profit (loss) | 9901 | €72,849 | €141,843 | +€68,994 | +94.7% |
| Financial income | 75/76B | €3,220 | €3,846 | +€626 | +19.4% |
| Recurring financial income | 75 | €3,220 | €3,846 | +€626 | +19.4% |
| Financial charges | 65/66B | €3,795 | €4,809 | +€1,015 | +26.7% |
| Recurring financial charges | 65 | €3,795 | €4,809 | +€1,015 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €72,275 | €140,880 | +€68,606 | +94.9% |
| Income taxes | 67/77 | €18,821 | €39,786 | +€20,965 | +111.4% |
| Profit (loss) for the period | 9904 | €53,453 | €101,094 | +€47,640 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,453 | €101,094 | +€47,640 | +89.1% |
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 8 October 2026 via checked.be.