VITIS VIN.: 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.
What changed
VITIS VIN.
NACE 46.170, Agents in the wholesale of food, beverages and tobacco
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€59,681
2025 · €77,923-€18,242
Equity
€345,849
2025 · €290,437+€55,412
Cash
€27,059
2025 · €31,759-€4,700
Balance sheet total
€1.3m
2025 · €1.4m-€28,064
Largest movements
Assets
- Deferred charges and accrued income +€65,662
up €65,662 (+391.2%), from €16,787 to €82,449
- Receivables within one year -€57,532
down €57,532 (-21.8%), from €263,710 to €206,178
of which Other amounts receivable: -€42,430
- Tangible fixed assets -€33,714
down €33,714 (-18.6%), from €181,177 to €147,463
of which Furniture and vehicles: -€42,994
Equity and liabilities
- Reserves +€55,412
up €55,412 (+29.7%), from €186,837 to €242,249
- Debts after one year -€34,919
down €34,919 (-34.3%), from €101,691 to €66,772
- Other debts -€20,790
down €20,790 (-12.9%), from €161,750 to €140,959
- Trade debts -€20,051
down €20,051 (-5.2%), from €384,544 to €364,493
Income statement
- Gross operating margin -€42,166
down €42,166 (-9.3%), from €455,347 to €413,181
- Staff costs -€13,101
down €13,101 (-5.3%), from €248,046 to €234,945
- Taxes -€7,303
down €7,303 (-21.4%), from €34,172 to €26,869
- Financial charges -€5,372
down €5,372 (-13.9%), from €38,619 to €33,248
From the 2025 result to the 2026 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.
Result 2025
€77,923
Gross operating margin
-€42,166
Staff costs
+€13,101
Depreciation
-€2,092
Write-downs
+€3,108
Other operating charges
-€621
Financial income
-€2,246
Financial charges
+€5,372
Taxes
+€7,303
Result 2026
€59,681
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€57,332
Investment
-€22,688
Financing
-€39,344
Cash 2025
€31,759
From operations (derived)
+€57,332
Net result for the year
+€59,681
Depreciation
+€56,402
Stocks and contracts
-€2,219
Receivables within one year
+€57,532
Deferred charges and accrued income
-€65,662
Trade debts
-€20,051
Tax, wage and social debts
-€9,011
Advances received
-€1,284
Other debts
-€20,790
Accrued charges and deferred income
+€2,736
Investment (derived)
-€22,688
Investment in fixed assets (net)
-€22,688
Financing
-€39,344
Debts after one year
-€34,919
Current portion of long-term debt
-€2,875
Short-term financial debts
+€2,719
Contributions, distributions and other
-€4,269
Cash 2026
€27,059
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,172 | €1,340,108 | -€28,064 | -2.1% |
| Fixed assets | 21/28 | €187,046 | €153,331 | -€33,714 | -18.0% |
| Tangible fixed assets | 22/27 | €181,177 | €147,463 | -€33,714 | -18.6% |
| Plant, machinery and equipment | 23 | €6,416 | €5,975 | -€441 | -6.9% |
| Furniture and vehicles | 24 | €174,258 | €131,264 | -€42,994 | -24.7% |
| Other tangible fixed assets | 26 | €503 | €10,224 | +€9,721 | +1932.7% |
| Financial fixed assets | 28 | €5,868 | €5,868 | = | 0.0% |
| Current assets | 29/58 | €1,181,126 | €1,186,776 | +€5,650 | +0.5% |
| Stocks and contracts in progress | 3 | €868,871 | €871,091 | +€2,219 | +0.3% |
| Stocks | 30/36 | €868,871 | €871,091 | +€2,219 | +0.3% |
| Amounts receivable within one year | 40/41 | €263,710 | €206,178 | -€57,532 | -21.8% |
| Trade receivables | 40 | €210,551 | €195,449 | -€15,101 | -7.2% |
| Other amounts receivable | 41 | €53,159 | €10,729 | -€42,430 | -79.8% |
| Cash at bank and in hand | 54/58 | €31,759 | €27,059 | -€4,700 | -14.8% |
| Deferred charges and accrued income | 490/1 | €16,787 | €82,449 | +€65,662 | +391.2% |
| Total equity and liabilities | 10/49 | €1,368,172 | €1,340,108 | -€28,064 | -2.1% |
| Equity | 10/15 | €290,437 | €345,849 | +€55,412 | +19.1% |
| Contributions | 10/11 | €103,600 | €103,600 | = | 0.0% |
| Reserves | 13 | €186,837 | €242,249 | +€55,412 | +29.7% |
| Distributable reserves | 133 | €186,837 | €242,249 | +€55,412 | +29.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,077,735 | €994,259 | -€83,476 | -7.7% |
| Amounts payable after more than one year | 17 | €101,691 | €66,772 | -€34,919 | -34.3% |
| Financial debts | 170/4 | €101,691 | €66,772 | -€34,919 | -34.3% |
| Amounts payable within one year | 42/48 | €974,544 | €923,251 | -€51,293 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €48,226 | €45,351 | -€2,875 | -6.0% |
| Financial debts | 43 | €303,495 | €306,214 | +€2,719 | +0.9% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Other loans | 439 | €3,495 | €6,214 | +€2,719 | +77.8% |
| Trade debts | 44 | €384,544 | €364,493 | -€20,051 | -5.2% |
| Suppliers | 440/4 | €384,544 | €364,493 | -€20,051 | -5.2% |
| Advances received on contracts in progress | 46 | €4,825 | €3,541 | -€1,284 | -26.6% |
| Taxes, remuneration and social security | 45 | €71,704 | €62,693 | -€9,011 | -12.6% |
| Taxes | 450/3 | €43,256 | €44,179 | +€923 | +2.1% |
| Remuneration and social security | 454/9 | €28,448 | €18,514 | -€9,934 | -34.9% |
| Other amounts payable | 47/48 | €161,750 | €140,959 | -€20,790 | -12.9% |
| Accrued charges and deferred income | 492/3 | €1,500 | €4,236 | +€2,736 | +182.4% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €248,046 | €234,945 | -€13,101 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,310 | €56,402 | +€2,092 | +3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,108 | €0 | -€3,108 | -100.0% |
| Other operating charges | 640/8 | €2,603 | €3,224 | +€621 | +23.9% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €455,347 | €413,181 | -€42,166 | -9.3% |
| Operating profit (loss) | 9901 | €147,280 | €118,610 | -€28,670 | -19.5% |
| Financial income | 75/76B | €3,435 | €1,189 | -€2,246 | -65.4% |
| Recurring financial income | 75 | €3,435 | €1,189 | -€2,246 | -65.4% |
| Financial charges | 65/66B | €38,619 | €33,248 | -€5,372 | -13.9% |
| Recurring financial charges | 65 | €38,619 | €33,248 | -€5,372 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €112,096 | €86,551 | -€25,545 | -22.8% |
| Income taxes | 67/77 | €34,172 | €26,869 | -€7,303 | -21.4% |
| Profit (loss) for the period | 9904 | €77,923 | €59,681 | -€18,242 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,923 | €59,681 | -€18,242 | -23.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.