VINOME: 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.
VINOME
Largest movements
- Receivables within one year -€157,628
down €157,628 (-36.0%), from €437,433 to €279,805
of which Trade receivables: -€143,518
- Cash -€93,421
down €93,421 (-93.6%), from €99,836 to €6,415
mainly Net result for the year (-€149,648) and Advances received (-€42,292)
- Financial fixed assets +€36,000
up €36,000 (+518.9%), from €6,938 to €42,938
- Stocks and contracts +€33,566
up €33,566 (+24.4%), from €137,411 to €170,977
- Tangible fixed assets -€27,255
down €27,255 (-24.8%), from €109,985 to €82,729
of which Plant, machinery and equipment: -€26,166
- Profit (loss) carried forward -€149,648
down €149,648 (-449.9%), from -€33,259 to -€182,907
- Advances received -€42,292
down €42,292 (-8.8%), from €478,378 to €436,087
- Debts after one year -€37,623
no longer reported in 2025 (was €37,623)
- Other debts +€23,000
up €23,000 (+44.8%), from €51,315 to €74,315
- Current portion of long-term debt -€11,878
down €11,878 (-24.0%), from €49,501 to €37,623
- Gross operating margin -€128,452
down €128,452 (-90.1%), from €142,638 to €14,187
- Staff costs -€17,890
down €17,890 (-10.4%), from €172,675 to €154,785
- Other operating charges +€4,069
up €4,069 (+78.5%), from €5,182 to €9,250
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 | €798,151 | €585,241 | -€212,910 | -26.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €116,923 | €125,667 | +€8,745 | +7.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €109,985 | €82,729 | -€27,255 | -24.8% |
| Plant, machinery and equipment | 23 | €107,111 | €80,946 | -€26,166 | -24.4% |
| Furniture and vehicles | 24 | €2,874 | €1,784 | -€1,090 | -37.9% |
| Financial fixed assets | 28 | €6,938 | €42,938 | +€36,000 | +518.9% |
| Current assets | 29/58 | €681,228 | €459,574 | -€221,654 | -32.5% |
| Stocks and contracts in progress | 3 | €137,411 | €170,977 | +€33,566 | +24.4% |
| Stocks | 30/36 | €137,411 | €170,977 | +€33,566 | +24.4% |
| Amounts receivable within one year | 40/41 | €437,433 | €279,805 | -€157,628 | -36.0% |
| Trade receivables | 40 | €369,714 | €226,196 | -€143,518 | -38.8% |
| Other amounts receivable | 41 | €67,719 | €53,609 | -€14,110 | -20.8% |
| Cash at bank and in hand | 54/58 | €99,836 | €6,415 | -€93,421 | -93.6% |
| Deferred charges and accrued income | 490/1 | €6,548 | €2,376 | -€4,172 | -63.7% |
| Total equity and liabilities | 10/49 | €798,151 | €585,241 | -€212,910 | -26.7% |
| Equity | 10/15 | €66,741 | -€82,907 | -€149,648 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,259 | -€182,907 | -€149,648 | -449.9% |
| Amounts payable | 17/49 | €731,410 | €668,148 | -€63,262 | -8.6% |
| Amounts payable after more than one year | 17 | €37,623 | - | -€37,623 | |
| Financial debts | 170/4 | €37,623 | - | -€37,623 | |
| Amounts payable within one year | 42/48 | €693,787 | €660,563 | -€33,224 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €49,501 | €37,623 | -€11,878 | -24.0% |
| Trade debts | 44 | €54,323 | €51,677 | -€2,646 | -4.9% |
| Suppliers | 440/4 | €54,323 | €51,677 | -€2,646 | -4.9% |
| Advances received on contracts in progress | 46 | €478,378 | €436,087 | -€42,292 | -8.8% |
| Taxes, remuneration and social security | 45 | €60,270 | €60,861 | +€592 | +1.0% |
| Taxes | 450/3 | €26,196 | €27,229 | +€1,033 | +3.9% |
| Remuneration and social security | 454/9 | €34,074 | €33,632 | -€442 | -1.3% |
| Other amounts payable | 47/48 | €51,315 | €74,315 | +€23,000 | +44.8% |
| Accrued charges and deferred income | 492/3 | - | €7,585 | +€7,585 | |
| Remuneration, social security and pensions | 62 | €172,675 | €154,785 | -€17,890 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,100 | €30,724 | +€624 | +2.1% |
| Other operating charges | 640/8 | €5,182 | €9,250 | +€4,069 | +78.5% |
| Gross operating margin | 9900 | €142,638 | €14,187 | -€128,452 | -90.1% |
| Operating profit (loss) | 9901 | -€65,319 | -€180,573 | -€115,254 | -176.4% |
| Financial income | 75/76B | €36,672 | €36,848 | +€177 | +0.5% |
| Recurring financial income | 75 | €36,672 | €36,848 | +€177 | +0.5% |
| Financial charges | 65/66B | €4,416 | €5,510 | +€1,094 | +24.8% |
| Recurring financial charges | 65 | €4,416 | €5,510 | +€1,094 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,063 | -€149,234 | -€116,172 | -351.4% |
| Income taxes | 67/77 | €196 | €413 | +€217 | +110.5% |
| Profit (loss) for the period | 9904 | -€33,259 | -€149,648 | -€116,388 | -349.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,259 | -€149,648 | -€116,388 | -349.9% |
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 8 October 2026 via checked.be.