VINOLIO: 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.
VINOLIO
Largest movements
- Tangible fixed assets -€29,494
down €29,494 (-12.6%), from €234,049 to €204,554
of which Land and buildings: -€21,630
- Cash -€28,819
down €28,819 (-22.3%), from €129,125 to €100,305
mainly Trade debts (-€41,157) and Debts after one year (-€36,204)
- Receivables within one year -€18,801
down €18,801 (-37.0%), from €50,841 to €32,040
of which Trade receivables: -€24,396
- Trade debts -€41,157
down €41,157 (-57.6%), from €71,414 to €30,257
- Debts after one year -€36,204
down €36,204 (-46.5%), from €77,778 to €41,575
- Reserves +€28,182
up €28,182 (+34.1%), from €82,643 to €110,825
of which Distributable reserves: +€28,182
- Other debts -€21,777
down €21,777 (-10.6%), from €204,953 to €183,176
- Tax, wage and social debts -€8,057
down €8,057 (-31.6%), from €25,531 to €17,474
of which Taxes: -€8,057
- Gross operating margin -€58,147
down €58,147 (-37.0%), from €156,964 to €98,817
- Staff costs -€37,524
down €37,524 (-99.8%), from €37,599 to €75
- Write-downs -€6,736
down €6,736 (-100.0%), from €6,736 to €0
- Taxes -€3,248
down €3,248 (-18.4%), from €17,650 to €14,403
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 | €549,199 | €472,731 | -€76,468 | -13.9% |
| Fixed assets | 21/28 | €234,049 | €204,554 | -€29,494 | -12.6% |
| Tangible fixed assets | 22/27 | €234,049 | €204,554 | -€29,494 | -12.6% |
| Land and buildings | 22 | €151,251 | €129,621 | -€21,630 | -14.3% |
| Furniture and vehicles | 24 | €47,258 | €34,556 | -€12,702 | -26.9% |
| Other tangible fixed assets | 26 | €35,539 | €40,377 | +€4,838 | +13.6% |
| Current assets | 29/58 | €315,150 | €268,177 | -€46,974 | -14.9% |
| Stocks and contracts in progress | 3 | €133,912 | €135,831 | +€1,919 | +1.4% |
| Stocks | 30/36 | €133,912 | €135,831 | +€1,919 | +1.4% |
| Amounts receivable within one year | 40/41 | €50,841 | €32,040 | -€18,801 | -37.0% |
| Trade receivables | 40 | €50,839 | €26,443 | -€24,396 | -48.0% |
| Other amounts receivable | 41 | €2 | €5,597 | +€5,595 | +256649.1% |
| Cash at bank and in hand | 54/58 | €129,125 | €100,305 | -€28,819 | -22.3% |
| Deferred charges and accrued income | 490/1 | €1,273 | €0 | -€1,273 | -100.0% |
| Total equity and liabilities | 10/49 | €549,199 | €472,731 | -€76,468 | -13.9% |
| Equity | 10/15 | €122,544 | €150,726 | +€28,182 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,643 | €110,825 | +€28,182 | +34.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,783 | €108,965 | +€28,182 | +34.9% |
| Profit (loss) carried forward | 14 | €21,301 | €21,301 | = | 0.0% |
| Amounts payable | 17/49 | €426,655 | €322,005 | -€104,650 | -24.5% |
| Amounts payable after more than one year | 17 | €77,778 | €41,575 | -€36,204 | -46.5% |
| Financial debts | 170/4 | €77,778 | €41,575 | -€36,204 | -46.5% |
| Amounts payable within one year | 42/48 | €340,127 | €271,754 | -€68,372 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €38,228 | €38,142 | -€86 | -0.2% |
| Financial debts | 43 | - | €2,705 | +€2,705 | |
| Credit institutions | 430/8 | - | €2,705 | +€2,705 | |
| Trade debts | 44 | €71,414 | €30,257 | -€41,157 | -57.6% |
| Suppliers | 440/4 | €71,414 | €30,257 | -€41,157 | -57.6% |
| Taxes, remuneration and social security | 45 | €25,531 | €17,474 | -€8,057 | -31.6% |
| Taxes | 450/3 | €25,531 | €17,474 | -€8,057 | -31.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €204,953 | €183,176 | -€21,777 | -10.6% |
| Accrued charges and deferred income | 492/3 | €8,750 | €8,676 | -€74 | -0.8% |
| Remuneration, social security and pensions | 62 | €37,599 | €75 | -€37,524 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,001 | €40,242 | +€1,241 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,736 | €0 | -€6,736 | -100.0% |
| Other operating charges | 640/8 | €3,488 | €2,503 | -€985 | -28.2% |
| Gross operating margin | 9900 | €156,964 | €98,817 | -€58,147 | -37.0% |
| Operating profit (loss) | 9901 | €70,140 | €55,997 | -€14,143 | -20.2% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €13,250 | €12,136 | -€1,114 | -8.4% |
| Recurring financial charges | 65 | €13,250 | €12,136 | -€1,114 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €56,900 | €43,861 | -€13,039 | -22.9% |
| Income taxes | 67/77 | €17,650 | €14,403 | -€3,248 | -18.4% |
| Profit (loss) for the period | 9904 | €39,250 | €29,458 | -€9,792 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,250 | €29,458 | -€9,792 | -24.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.