VINESSE: 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.
VINESSE
Largest movements
- Receivables within one year +€76,987
up €76,987 (+113.1%), from €68,065 to €145,053
of which Trade receivables: +€85,848
- Stocks and contracts -€45,107
down €45,107 (-12.7%), from €355,199 to €310,092
- Tangible fixed assets -€16,374
down €16,374 (-4.1%), from €402,752 to €386,378
of which Land and buildings: -€16,252
- Cash +€10,153
up €10,153 (+81.3%), from €12,496 to €22,648
mainly Stocks and contracts (+€45,107) and Trade debts (+€43,012)
- Trade debts +€43,012
up €43,012 (+31.5%), from €136,701 to €179,713
- Debts after one year -€29,500
down €29,500 (-10.5%), from €281,720 to €252,220
- Reserves +€24,615
up €24,615 (+7.6%), from €322,300 to €346,915
- Short-term financial debts -€17,767
no longer reported in 2025 (was €17,767)
- Gross operating margin +€29,159
up €29,159 (+82.0%), from €35,544 to €64,704
- Taxes +€6,194
up €6,194 (+538.9%), from €1,149 to €7,343
- Depreciation +€735
up €735 (+4.0%), from €18,477 to €19,212
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 | €839,766 | €864,171 | +€24,405 | +2.9% |
| Fixed assets | 21/28 | €402,752 | €386,378 | -€16,374 | -4.1% |
| Tangible fixed assets | 22/27 | €402,752 | €386,378 | -€16,374 | -4.1% |
| Land and buildings | 22 | €393,668 | €377,416 | -€16,252 | -4.1% |
| Plant, machinery and equipment | 23 | €8,731 | €6,713 | -€2,018 | -23.1% |
| Furniture and vehicles | 24 | €353 | €2,249 | +€1,896 | +537.0% |
| Current assets | 29/58 | €437,014 | €477,793 | +€40,779 | +9.3% |
| Stocks and contracts in progress | 3 | €355,199 | €310,092 | -€45,107 | -12.7% |
| Stocks | 30/36 | €355,199 | €310,092 | -€45,107 | -12.7% |
| Amounts receivable within one year | 40/41 | €68,065 | €145,053 | +€76,987 | +113.1% |
| Trade receivables | 40 | €59,173 | €145,020 | +€85,848 | +145.1% |
| Other amounts receivable | 41 | €8,893 | €32 | -€8,860 | -99.6% |
| Cash at bank and in hand | 54/58 | €12,496 | €22,648 | +€10,153 | +81.3% |
| Deferred charges and accrued income | 490/1 | €1,254 | - | -€1,254 | |
| Total equity and liabilities | 10/49 | €839,766 | €864,171 | +€24,405 | +2.9% |
| Equity | 10/15 | €368,654 | €393,269 | +€24,615 | +6.7% |
| Contributions | 10/11 | €46,354 | €46,354 | = | 0.0% |
| Reserves | 13 | €322,300 | €346,915 | +€24,615 | +7.6% |
| Distributable reserves | 133 | €322,300 | €346,915 | +€24,615 | +7.6% |
| Amounts payable | 17/49 | €471,112 | €470,902 | -€210 | 0.0% |
| Amounts payable after more than one year | 17 | €281,720 | €252,220 | -€29,500 | -10.5% |
| Financial debts | 170/4 | €281,720 | €252,220 | -€29,500 | -10.5% |
| Amounts payable within one year | 42/48 | €189,311 | €218,682 | +€29,371 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €29,075 | €29,500 | +€425 | +1.5% |
| Financial debts | 43 | €17,767 | - | -€17,767 | |
| Credit institutions | 430/8 | €17,767 | - | -€17,767 | |
| Trade debts | 44 | €136,701 | €179,713 | +€43,012 | +31.5% |
| Suppliers | 440/4 | €136,701 | €179,713 | +€43,012 | +31.5% |
| Taxes, remuneration and social security | 45 | €2,136 | €6,623 | +€4,487 | +210.1% |
| Taxes | 450/3 | €2,136 | €6,623 | +€4,487 | +210.1% |
| Other amounts payable | 47/48 | €3,633 | €2,847 | -€786 | -21.6% |
| Accrued charges and deferred income | 492/3 | €81 | - | -€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,477 | €19,212 | +€735 | +4.0% |
| Other operating charges | 640/8 | €3,539 | €3,817 | +€278 | +7.9% |
| Gross operating margin | 9900 | €35,544 | €64,704 | +€29,159 | +82.0% |
| Operating profit (loss) | 9901 | €13,528 | €41,674 | +€28,147 | +208.1% |
| Financial income | 75/76B | €211 | €659 | +€448 | +212.0% |
| Recurring financial income | 75 | €211 | €659 | +€448 | +212.0% |
| Financial charges | 65/66B | €10,609 | €10,375 | -€234 | -2.2% |
| Recurring financial charges | 65 | €10,609 | €10,375 | -€234 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €3,130 | €31,958 | +€28,828 | +921.2% |
| Income taxes | 67/77 | €1,149 | €7,343 | +€6,194 | +538.9% |
| Profit (loss) for the period | 9904 | €1,980 | €24,615 | +€22,635 | +1143.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,980 | €24,615 | +€22,635 | +1143.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.