ViNo: 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.
ViNo
Largest movements
- Cash +€13,705
up €13,705 (+6.3%), from €216,947 to €230,652
mainly Net result for the year (+€70,525) and Other debts (+€65,000)
- Tangible fixed assets +€13,225
new in 2025: €13,225
- Receivables within one year +€5,905
up €5,905 (+2381.9%), from €248 to €6,153
of which Other amounts receivable: +€3,577
- Other debts +€65,000
up €65,000 (+86.7%), from €74,929 to €139,929
- Trade debts -€21,413
down €21,413 (-95.5%), from €22,417 to €1,004
- Tax, wage and social debts -€17,707
down €17,707 (-82.9%), from €21,351 to €3,643
- Profit (loss) carried forward +€10,212
up €10,212 (+1261.6%), from €809 to €11,021
- Reserves -€4,687
down €4,687 (-4.9%), from €95,500 to €90,813
- Gross operating margin -€14,799
down €14,799 (-14.1%), from €104,885 to €90,086
- Taxes -€3,325
down €3,325 (-15.3%), from €21,749 to €18,423
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 | €218,506 | €250,030 | +€31,524 | +14.4% |
| Fixed assets | 21/28 | - | €13,225 | +€13,225 | |
| Tangible fixed assets | 22/27 | - | €13,225 | +€13,225 | |
| Furniture and vehicles | 24 | - | €13,225 | +€13,225 | |
| Current assets | 29/58 | €218,506 | €236,805 | +€18,299 | +8.4% |
| Amounts receivable within one year | 40/41 | €248 | €6,153 | +€5,905 | +2381.9% |
| Trade receivables | 40 | €0 | €2,328 | +€2,328 | |
| Other amounts receivable | 41 | €248 | €3,824 | +€3,577 | +1442.7% |
| Cash at bank and in hand | 54/58 | €216,947 | €230,652 | +€13,705 | +6.3% |
| Deferred charges and accrued income | 490/1 | €1,311 | €0 | -€1,311 | -100.0% |
| Total equity and liabilities | 10/49 | €218,506 | €250,030 | +€31,524 | +14.4% |
| Equity | 10/15 | €99,809 | €105,334 | +€5,525 | +5.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €95,500 | €90,813 | -€4,687 | -4.9% |
| Distributable reserves | 133 | €95,500 | €90,813 | -€4,687 | -4.9% |
| Profit (loss) carried forward | 14 | €809 | €11,021 | +€10,212 | +1261.6% |
| Amounts payable | 17/49 | €118,697 | €144,696 | +€26,000 | +21.9% |
| Amounts payable within one year | 42/48 | €118,697 | €144,576 | +€25,880 | +21.8% |
| Trade debts | 44 | €22,417 | €1,004 | -€21,413 | -95.5% |
| Suppliers | 440/4 | €22,417 | €1,004 | -€21,413 | -95.5% |
| Taxes, remuneration and social security | 45 | €21,351 | €3,643 | -€17,707 | -82.9% |
| Taxes | 450/3 | €21,351 | €3,643 | -€17,707 | -82.9% |
| Other amounts payable | 47/48 | €74,929 | €139,929 | +€65,000 | +86.7% |
| Accrued charges and deferred income | 492/3 | - | €120 | +€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €214 | +€214 | |
| Other operating charges | 640/8 | €561 | €863 | +€303 | +54.0% |
| Gross operating margin | 9900 | €104,885 | €90,086 | -€14,799 | -14.1% |
| Operating profit (loss) | 9901 | €104,324 | €89,008 | -€15,316 | -14.7% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €133 | €70 | -€62 | -47.0% |
| Recurring financial charges | 65 | €133 | €70 | -€62 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €104,191 | €88,948 | -€15,243 | -14.6% |
| Income taxes | 67/77 | €21,749 | €18,423 | -€3,325 | -15.3% |
| Profit (loss) for the period | 9904 | €82,443 | €70,525 | -€11,918 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,443 | €70,525 | -€11,918 | -14.5% |
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 6 October 2026 via checked.be.