VINOTEC: 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.
VINOTEC
Largest movements
- Receivables within one year -€11,242
down €11,242 (-86.3%), from €13,021 to €1,779
of which Trade receivables: -€12,842
- Stocks and contracts +€8,734
up €8,734 (+600.6%), from €1,454 to €10,188
- Tangible fixed assets -€344
no longer reported in 2025 (was €344)
- Profit (loss) carried forward -€4,474
down €4,474 (-4.8%), from -€92,581 to -€97,055
- Short-term financial debts +€4,044
up €4,044 (+518.0%), from €781 to €4,825
- Trade debts -€1,298
down €1,298 (-8.7%), from €14,867 to €13,569
- Tax, wage and social debts -€663
no longer reported in 2025 (was €663)
- Other debts -€498
down €498 (-9.5%), from €5,241 to €4,743
- Gross operating margin -€5,816
down €5,816, from €2,753 to -€3,063
- Depreciation -€352
down €352 (-50.5%), from €696 to €344
- Financial charges +€109
up €109 (+30.1%), from €361 to €469
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 | €18,221 | €15,332 | -€2,889 | -15.9% |
| Fixed assets | 21/28 | €344 | - | -€344 | |
| Tangible fixed assets | 22/27 | €344 | - | -€344 | |
| Furniture and vehicles | 24 | €344 | - | -€344 | |
| Current assets | 29/58 | €17,876 | €15,332 | -€2,545 | -14.2% |
| Stocks and contracts in progress | 3 | €1,454 | €10,188 | +€8,734 | +600.6% |
| Stocks | 30/36 | €1,454 | €10,188 | +€8,734 | +600.6% |
| Amounts receivable within one year | 40/41 | €13,021 | €1,779 | -€11,242 | -86.3% |
| Trade receivables | 40 | €13,021 | €179 | -€12,842 | -98.6% |
| Other amounts receivable | 41 | - | €1,600 | +€1,600 | |
| Cash at bank and in hand | 54/58 | €3,401 | €3,364 | -€37 | -1.1% |
| Total equity and liabilities | 10/49 | €18,221 | €15,332 | -€2,889 | -15.9% |
| Equity | 10/15 | -€73,981 | -€78,455 | -€4,474 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,581 | -€97,055 | -€4,474 | -4.8% |
| Amounts payable | 17/49 | €92,202 | €93,786 | +€1,584 | +1.7% |
| Amounts payable after more than one year | 17 | €70,650 | €70,650 | = | 0.0% |
| Other amounts payable | 178/9 | €70,650 | €70,650 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,552 | €23,137 | +€1,584 | +7.4% |
| Financial debts | 43 | €781 | €4,825 | +€4,044 | +518.0% |
| Credit institutions | 430/8 | €781 | €4,825 | +€4,044 | +518.0% |
| Trade debts | 44 | €14,867 | €13,569 | -€1,298 | -8.7% |
| Suppliers | 440/4 | €14,867 | €13,569 | -€1,298 | -8.7% |
| Taxes, remuneration and social security | 45 | €663 | - | -€663 | |
| Taxes | 450/3 | €663 | - | -€663 | |
| Other amounts payable | 47/48 | €5,241 | €4,743 | -€498 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €696 | €344 | -€352 | -50.5% |
| Other operating charges | 640/8 | €580 | €597 | +€18 | +3.0% |
| Gross operating margin | 9900 | €2,753 | -€3,063 | -€5,816 | |
| Operating profit (loss) | 9901 | €1,478 | -€4,004 | -€5,482 | |
| Financial charges | 65/66B | €361 | €469 | +€109 | +30.1% |
| Recurring financial charges | 65 | €361 | €469 | +€109 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €1,117 | -€4,474 | -€5,591 | |
| Profit (loss) for the period | 9904 | €1,117 | -€4,474 | -€5,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,117 | -€4,474 | -€5,591 |
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 29 September 2026 via checked.be.