VINNOBLE: 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.
VINNOBLE
Largest movements
- Stocks and contracts +€19,415
up €19,415 (+10.3%), from €188,080 to €207,494
- Receivables within one year +€14,959
up €14,959 (+19.4%), from €77,234 to €92,193
of which Trade receivables: +€8,949
- Other debts +€46,655
up €46,655 (+50.7%), from €92,084 to €138,738
- Debts after one year -€21,909
down €21,909 (-66.2%), from €33,071 to €11,162
- Profit (loss) carried forward +€12,555
up €12,555 (+9.3%), from -€134,364 to -€121,809
- Gross operating margin +€37,363
up €37,363 (+145.7%), from €25,643 to €63,005
- Taxes +€16,655
up €16,655 (+11017.0%), from €151 to €16,807
- Staff costs -€4,395
down €4,395 (-99.7%), from €4,408 to €13
- Other operating charges -€2,049
down €2,049 (-17.0%), from €12,035 to €9,985
- Financial charges -€769
down €769 (-6.9%), from €11,181 to €10,412
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 | €303,781 | €336,084 | +€32,303 | +10.6% |
| Fixed assets | 21/28 | €35,536 | €34,721 | -€815 | -2.3% |
| Tangible fixed assets | 22/27 | €35,536 | €34,721 | -€815 | -2.3% |
| Land and buildings | 22 | €1,503 | €1,110 | -€393 | -26.1% |
| Plant, machinery and equipment | 23 | €8,450 | €6,177 | -€2,273 | -26.9% |
| Furniture and vehicles | 24 | €25,583 | €27,434 | +€1,852 | +7.2% |
| Current assets | 29/58 | €268,245 | €301,363 | +€33,118 | +12.3% |
| Stocks and contracts in progress | 3 | €188,080 | €207,494 | +€19,415 | +10.3% |
| Stocks | 30/36 | €188,080 | €207,494 | +€19,415 | +10.3% |
| Amounts receivable within one year | 40/41 | €77,234 | €92,193 | +€14,959 | +19.4% |
| Trade receivables | 40 | €65,484 | €74,433 | +€8,949 | +13.7% |
| Other amounts receivable | 41 | €11,750 | €17,760 | +€6,010 | +51.1% |
| Cash at bank and in hand | 54/58 | €1,859 | €664 | -€1,195 | -64.3% |
| Deferred charges and accrued income | 490/1 | €1,073 | €1,012 | -€61 | -5.7% |
| Total equity and liabilities | 10/49 | €303,781 | €336,084 | +€32,303 | +10.6% |
| Equity | 10/15 | -€29,364 | -€16,809 | +€12,555 | +42.8% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,364 | -€121,809 | +€12,555 | +9.3% |
| Amounts payable | 17/49 | €333,145 | €352,893 | +€19,748 | +5.9% |
| Amounts payable after more than one year | 17 | €33,071 | €11,162 | -€21,909 | -66.2% |
| Financial debts | 170/4 | €33,071 | €11,162 | -€21,909 | -66.2% |
| Amounts payable within one year | 42/48 | €299,710 | €341,033 | +€41,323 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €22,152 | €21,908 | -€244 | -1.1% |
| Financial debts | 43 | €25,666 | €25,012 | -€654 | -2.5% |
| Credit institutions | 430/8 | €25,666 | €25,012 | -€654 | -2.5% |
| Trade debts | 44 | €102,428 | €100,410 | -€2,018 | -2.0% |
| Suppliers | 440/4 | €102,428 | €100,410 | -€2,018 | -2.0% |
| Taxes, remuneration and social security | 45 | €57,381 | €54,965 | -€2,416 | -4.2% |
| Taxes | 450/3 | €20,067 | €16,956 | -€3,111 | -15.5% |
| Remuneration and social security | 454/9 | €37,314 | €38,009 | +€695 | +1.9% |
| Other amounts payable | 47/48 | €92,084 | €138,738 | +€46,655 | +50.7% |
| Accrued charges and deferred income | 492/3 | €364 | €699 | +€335 | +91.9% |
| Remuneration, social security and pensions | 62 | €4,408 | €13 | -€4,395 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,311 | €13,237 | -€74 | -0.6% |
| Other operating charges | 640/8 | €12,035 | €9,985 | -€2,049 | -17.0% |
| Gross operating margin | 9900 | €25,643 | €63,005 | +€37,363 | +145.7% |
| Operating profit (loss) | 9901 | -€4,111 | €39,770 | +€43,881 | |
| Financial income | 75/76B | €3 | €3 | -€0 | -4.3% |
| Recurring financial income | 75 | €3 | €3 | -€0 | -4.3% |
| Financial charges | 65/66B | €11,181 | €10,412 | -€769 | -6.9% |
| Recurring financial charges | 65 | €11,181 | €10,412 | -€769 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,289 | €29,361 | +€44,650 | |
| Income taxes | 67/77 | €151 | €16,807 | +€16,655 | +11017.0% |
| Profit (loss) for the period | 9904 | -€15,440 | €12,555 | +€27,994 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,440 | €12,555 | +€27,994 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.