VINIVINS: 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.
VINIVINS
Largest movements
- Receivables within one year +€80,439
up €80,439 (+21.4%), from €375,575 to €456,014
of which Trade receivables: +€83,360
- Stocks and contracts -€47,867
down €47,867 (-17.5%), from €272,961 to €225,094
- Tangible fixed assets -€46,172
down €46,172 (-12.8%), from €360,764 to €314,592
of which Furniture and vehicles: -€25,016
- Other debts +€126,179
up €126,179 (+455%), from €27,742 to €153,921
- Debts after one year -€71,394
down €71,394 (-23.4%), from €305,213 to €233,819
- Trade debts -€64,622
down €64,622 (-16.3%), from €395,779 to €331,157
- Profit (loss) carried forward +€12,291
up €12,291 (+23.2%), from €53,042 to €65,333
- Short-term financial debts -€11,972
down €11,972 (-13.0%), from €91,770 to €79,799
- Turnover +€1.1m
new in 2025: €1.1m
- Purchases and services +€967,641
new in 2025: €967,641
- Gross operating margin +€14,741
up €14,741 (+10.0%), from €147,377 to €162,118
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,020,297 | €1,005,872 | -€14,425 | -1.4% |
| Fixed assets | 21/28 | €361,264 | €315,092 | -€46,172 | -12.8% |
| Tangible fixed assets | 22/27 | €360,764 | €314,592 | -€46,172 | -12.8% |
| Land and buildings | 22 | €321,463 | €304,152 | -€17,311 | -5.4% |
| Furniture and vehicles | 24 | €29,790 | €4,774 | -€25,016 | -84.0% |
| Leasing and similar rights | 25 | €9,511 | €5,666 | -€3,844 | -40.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €659,033 | €690,780 | +€31,747 | +4.8% |
| Stocks and contracts in progress | 3 | €272,961 | €225,094 | -€47,867 | -17.5% |
| Stocks | 30/36 | €272,961 | €225,094 | -€47,867 | -17.5% |
| Amounts receivable within one year | 40/41 | €375,575 | €456,014 | +€80,439 | +21.4% |
| Trade receivables | 40 | €372,654 | €456,014 | +€83,360 | +22.4% |
| Other amounts receivable | 41 | €2,921 | - | -€2,921 | |
| Cash at bank and in hand | 54/58 | €10,498 | €9,672 | -€825 | -7.9% |
| Total equity and liabilities | 10/49 | €1,020,297 | €1,005,872 | -€14,425 | -1.4% |
| Equity | 10/15 | €142,598 | €149,014 | +€6,416 | +4.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,550 | €1,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,550 | €1,550 | = | 0.0% |
| Legal reserve | 130 | €1,550 | €1,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,042 | €65,333 | +€12,291 | +23.2% |
| Investment grants | 15 | €38,006 | €32,131 | -€5,875 | -15.5% |
| Amounts payable | 17/49 | €877,699 | €856,859 | -€20,840 | -2.4% |
| Amounts payable after more than one year | 17 | €305,213 | €233,819 | -€71,394 | -23.4% |
| Financial debts | 170/4 | €305,213 | €233,819 | -€71,394 | -23.4% |
| Amounts payable within one year | 42/48 | €572,486 | €622,934 | +€50,448 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €42,852 | €40,173 | -€2,679 | -6.3% |
| Financial debts | 43 | €91,770 | €79,799 | -€11,972 | -13.0% |
| Credit institutions | 430/8 | €91,770 | €79,799 | -€11,972 | -13.0% |
| Trade debts | 44 | €395,779 | €331,157 | -€64,622 | -16.3% |
| Suppliers | 440/4 | €395,779 | €331,157 | -€64,622 | -16.3% |
| Taxes, remuneration and social security | 45 | €14,343 | €17,883 | +€3,540 | +24.7% |
| Taxes | 450/3 | €901 | €9,738 | +€8,837 | +981% |
| Remuneration and social security | 454/9 | €13,442 | €8,146 | -€5,297 | -39.4% |
| Other amounts payable | 47/48 | €27,742 | €153,921 | +€126,179 | +455% |
| Accrued charges and deferred income | 492/3 | - | €106 | +€106 | |
| Turnover | 70 | - | €1,111,104 | +€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €967,641 | +€967,641 | |
| Remuneration, social security and pensions | 62 | €85,751 | €91,963 | +€6,213 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,304 | €29,304 | = | 0.0% |
| Other operating charges | 640/8 | €13,903 | €15,497 | +€1,594 | +11.5% |
| Gross operating margin | 9900 | €147,377 | €162,118 | +€14,741 | +10.0% |
| Operating profit (loss) | 9901 | €18,419 | €25,354 | +€6,935 | +37.6% |
| Financial income | 75/76B | €7,625 | €9,112 | +€1,487 | +19.5% |
| Recurring financial income | 75 | €7,625 | €9,112 | +€1,487 | +19.5% |
| Financial charges | 65/66B | €13,959 | €19,091 | +€5,132 | +36.8% |
| Recurring financial charges | 65 | €13,959 | €17,840 | +€3,880 | +27.8% |
| Non-recurring financial charges | 66B | - | €1,251 | +€1,251 | |
| Profit (loss) for the period before taxes | 9903 | €12,085 | €15,375 | +€3,290 | +27.2% |
| Income taxes | 67/77 | €9,973 | €9,046 | -€927 | -9.3% |
| Profit (loss) for the period | 9904 | €2,112 | €6,329 | +€4,217 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €2,112 | €6,329 | +€4,217 | +200% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.