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Vinex.xbv: 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.

What changed

Vinex.xbv

BE 0436.815.744
NACE 46.341, Wholesale of wines and spirits
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€68,437
2024 · €20,480+€47,957
Equity
€84,351
2024 · €15,913+€68,437
Cash
€38,674
2024 · €5,252+€33,423
Balance sheet total
€313,465
2024 · €99,979+€213,486

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€112,492

    up €112,492 (+166.4%), from €67,598 to €180,090

  • Receivables within one year +€63,574

    up €63,574 (+300.3%), from €21,173 to €84,747

  • Cash +€33,423

    up €33,423 (+636.4%), from €5,252 to €38,674

    mainly Other debts (+€79,108) and Net result for the year (+€68,437)

Equity and liabilities
  • Other debts +€79,108

    up €79,108 (+122.1%), from €64,815 to €143,923

  • Profit (loss) carried forward +€68,437

    up €68,437, from -€29,024 to €39,413

  • Tax, wage and social debts +€49,078

    up €49,078 (+956.1%), from €5,133 to €54,211

  • Trade debts +€16,963

    up €16,963 (+121.0%), from €14,018 to €30,981

Income statement
  • Gross operating margin +€53,814

    up €53,814 (+251.0%), from €21,444 to €75,258

  • Taxes +€4,500

    new in 2025: €4,500

  • Depreciation +€1,019

    up €1,019 (+4714.6%), from €22 to €1,041

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €20,480
Gross operating margin +€53,814
Depreciation -€1,019
Other operating charges +€133
Financial income -€0
Financial charges -€470
Taxes -€4,500
Result 2025 €68,437

Cash bridge derived

cash 2024 to 2025

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.

From operations +€36,562
Investment -€3,140
Financing €0
Cash 2024 €5,252
Net result for the year +€68,437
Depreciation +€1,041
Stocks and contracts -€112,492
Receivables within one year -€63,574
Deferred charges and accrued income -€1,899
Trade debts +€16,963
Tax, wage and social debts +€49,078
Other debts +€79,108
Accrued charges and deferred income -€100
Investment in fixed assets (net) -€3,140
Cash 2025 €38,674
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €99,979 €313,465 +€213,486 +213.5%
Fixed assets 21/28 €5,052 €7,151 +€2,099 +41.5%
Tangible fixed assets 22/27 €4,326 €4,775 +€449 +10.4%
Plant, machinery and equipment 23 €4,326 €4,775 +€449 +10.4%
Financial fixed assets 28 €726 €2,376 +€1,650 +227.3%
Current assets 29/58 €94,927 €306,314 +€211,387 +222.7%
Stocks and contracts in progress 3 €67,598 €180,090 +€112,492 +166.4%
Stocks 30/36 €67,598 €180,090 +€112,492 +166.4%
Amounts receivable within one year 40/41 €21,173 €84,747 +€63,574 +300.3%
Trade receivables 40 €21,173 €84,747 +€63,574 +300.3%
Cash at bank and in hand 54/58 €5,252 €38,674 +€33,423 +636.4%
Deferred charges and accrued income 490/1 €905 €2,803 +€1,899 +209.9%
Total equity and liabilities 10/49 €99,979 €313,465 +€213,486 +213.5%
Equity 10/15 €15,913 €84,351 +€68,437 +430.1%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €24,937 €24,937 = 0.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Tax-exempt reserves 132 €23,078 €23,078 = 0.0%
Distributable reserves 133 €1,859 €1,859 = 0.0%
Profit (loss) carried forward 14 -€29,024 €39,413 +€68,437
Amounts payable 17/49 €84,066 €229,115 +€145,049 +172.5%
Amounts payable within one year 42/48 €83,966 €229,115 +€145,149 +172.9%
Trade debts 44 €14,018 €30,981 +€16,963 +121.0%
Suppliers 440/4 €14,018 €30,981 +€16,963 +121.0%
Taxes, remuneration and social security 45 €5,133 €54,211 +€49,078 +956.1%
Taxes 450/3 €5,133 €54,211 +€49,078 +956.1%
Other amounts payable 47/48 €64,815 €143,923 +€79,108 +122.1%
Accrued charges and deferred income 492/3 €100 €0 -€100 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22 €1,041 +€1,019 +4714.6%
Other operating charges 640/8 €759 €626 -€133 -17.5%
Gross operating margin 9900 €21,444 €75,258 +€53,814 +251.0%
Operating profit (loss) 9901 €20,664 €73,591 +€52,928 +256.1%
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €184 €654 +€470 +256.2%
Recurring financial charges 65 €184 €654 +€470 +256.2%
Profit (loss) for the period before taxes 9903 €20,480 €72,937 +€52,457 +256.1%
Income taxes 67/77 - €4,500 +€4,500
Profit (loss) for the period 9904 €20,480 €68,437 +€47,957 +234.2%
Profit (loss) for the period to be appropriated 9905 €20,480 €68,437 +€47,957 +234.2%

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 29 September 2026 via checked.be.